Constraining Mega-Landlords Would Help Some Buyers, Won’t Solve Housing Woes: Industry Insiders

Investors flocked to the market during the COVID-19 pandemic, resulting in prospective homebuyers complaining about boosted prices.
Constraining Mega-Landlords Would Help Some Buyers, Won’t Solve Housing Woes: Industry Insiders
A for-sale sign in front of a home in Austin, Texas, on March 19, 2024. Brandon Bell/Getty Images
Petr Svab
Petr Svab
reporter
|Updated:
0:00

President Donald Trump’s proposed ban on large corporate landlords buying more single-family homes could help families looking to buy them. The impact, however, wouldn’t be universal, since the targeted landlords mostly concentrate in a few dozen metro areas. It also doesn’t address fundamental causes of housing affordability, some industry insiders have warned.

Trump announced he is “immediately taking steps to ban large institutional investors from buying more single-family homes,” in a Jan. 7 post on Truth Social. The post responded to complaints that large investors have been vacuuming up too many single-family homes in recent years, thus boosting prices and slashing choices for prospective homebuyers.
Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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