Trump Vows to Block Wall Street from Buying Homes

President Donald Trump says he wants Congress to stop major investment firms from purchasing single-family houses. In a recent statement, Trump cited the impact of large-scale investors on the housing market. He argued their activity has driven up rental costs and created barriers for first-time homebuyers in some areas. The call for action targets institutional investors, large financial companies that buy residential properties. This practice expanded after the 2008 financial crisis. If Congress acts, it could significantly change the rules for investors in the residential real estate market. The president's statement sets the stage for a potential policy debate on housing affordability.