IM2
Diamond Member
- Mar 11, 2015
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Here we see that Donald Trump wants to bar Wall Street investors from buying single-family homes. We haven't heard or read any of his supporters claiming he is a socialist or Marxist. This is what they will consider Trump looking out for the middle class.
President Trump said on Wednesday that he will take steps to prevent institutional investors from buying single-family homes, claiming the move would help make housing more affordable for Americans.
In a social media post, Mr. Trump said that the dream of home ownership has become increasingly out of reach for many Americans, and that action is needed to allow more people to reach the milestone of owning a residence.
"I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it," Mr. Trump wrote. "People live in homes, not corporations."
www.cbsnews.com
But this is not a new idea.
SECTION 2: Build an Opportunity Economy to Help Americans
Get Ahead and Build Wealth
This was the Harris plan that many white Americans chose not to listen to. Now, Trump is trying to take one of her ideas, and the same people will praise him as if he's great. This is how racism is done in the 21st century. Basicaly its the same thing as in the past. A white man takes a black person's idea and gives himself credit for it.
Trump says he will seek to ban institutional investors from buying single-family homes
Updated on: January 8, 2026President Trump said on Wednesday that he will take steps to prevent institutional investors from buying single-family homes, claiming the move would help make housing more affordable for Americans.
In a social media post, Mr. Trump said that the dream of home ownership has become increasingly out of reach for many Americans, and that action is needed to allow more people to reach the milestone of owning a residence.
"I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it," Mr. Trump wrote. "People live in homes, not corporations."
Trump says he will seek to ban institutional investors from buying single-family homes
President Trump said "people live in homes, not corporations," in announcing plans to bar big investors from home purchases.
www.cbsnews.com
But this is not a new idea.
SECTION 2: Build an Opportunity Economy to Help Americans
Get Ahead and Build Wealth
- Help Americans Buy a Home and Afford Rent
- Unlocking 1.2 million new affordable rental homes through historic incentives for the private sector. By passing a historic expansion of the LIHTC program, Vice President Harris will unlock the full potential of America’s building sector to provide an affordable rental home to every American who needs one.
- Creating a new tax credit to rehabilitate affordable housing for homeowners who want to stay in their communities. Vice President Harris would fill this gap by creating a new Neighborhood Homes Tax Credit, which would support the new construction or rehabilitation of over 400,000 owner-occupied homes in lower income communities. As with the LIHTC program, each state would receive an allocation of Neighborhood Homes Tax Credits that would then be allocated to specific projects, calculated based on the amount of credit needed to make a construction or a preservation project in a particular community financially viable. The credit would only be available for single-family affordable homes that will be occupied by the owner, with the goal of supporting individuals or families that wish to set down roots in a community—not supporting private equity homebuyers that simply seek to turn a profit.
- Building up supply through the first-ever tax incentive for building affordable homes for first-time homebuyers. Vice President Harris is proposing the first-ever tax cut specifically targeted at encouraging homebuild ers to build affordable homes for first-time homebuyers. This would provide significant tax relief for homebuilders who build homes sold to working families and meaning fully change the economics of building homes that are within reach for younger families. This would complement the Neighborhood Homes Tax Credit, which encourages investment in homes that would otherwise be too costly or difficult to develop or rehabilitate.
- Launching a $40 Billion Local Innovation Fund for Housing Expansion. Vice President Harris’s plan would provide state and local governments, and private developers and homebuilders, funds to invest in innovative strategies to expand the housing supply. This could include financing the construction of new housing paired with efforts to reduce regulatory burden and cut red tape, employing innovative building and construction techniques to lower costs, and using self-sustaining financing mechanisms to scale new housing construction. This will be a results-driven innovation fund with one core requirement: state and local governments must show that they will deliver results in building rental properties and homes that are affordable.
- LOWERING COSTS BY TAKING ON ABUSIVE CORPORATE LANDLORDS
- Taking on algorithmic price fixing, which distort markets, and ending unfair practices that help large corporate landlords dramatically raise rents. Vice President Harris is calling on Congress to pass the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act, to crack down on companies that contribute to surging rent prices by making these unfair practices illegal under antitrust laws.
- Stopping Wall Street investors from buying up and marking up homes in bulk. Vice President Harris is calling on Congress to pass the Stop Predatory Investing Act, to curtail these practices by removing key tax benefits for major investors that acquire large numbers of single-family rental homes.
This was the Harris plan that many white Americans chose not to listen to. Now, Trump is trying to take one of her ideas, and the same people will praise him as if he's great. This is how racism is done in the 21st century. Basicaly its the same thing as in the past. A white man takes a black person's idea and gives himself credit for it.
~S~
