President Donald Trump has declared a major new policy initiative aimed at the American housing market, pledging to prevent large institutional investors from purchasing single-family homes.
Addressing the Affordability Crisis
In a post on his Truth Social platform, the President framed the move as a direct response to the escalating crisis of housing affordability, which became a cornerstone of his 2024 election campaign. He argued that the ability to own a home, long considered the cornerstone of the American Dream, is now slipping out of reach for many, particularly younger citizens.
The median sale price for a home in the United States was $410,800 last year, according to data from the US Census Bureau. This follows a period of record-breaking price increases during the pandemic. Trump squarely blamed "Record High Inflation" for the problem, holding his predecessor, Joe Biden, responsible.
The Proposed Ban and Congressional Action
"People live in homes, not corporations," Trump stated, outlining his administration's immediate steps. The core action is an impending ban on large investment entities acquiring more single-family properties. Furthermore, he will ask the US Congress to codify this measure into law, giving it a more permanent legislative footing.
The President indicated that he will elaborate on this proposal and discuss wider housing and cost-of-living strategies in an upcoming speech. He is scheduled to address the annual meeting of the World Economic Forum in Davos, Switzerland, this January.
Persistent Economic Pressures
This announcement comes despite Trump having been back in office for a year. Concerns over inflation and living costs have persisted during this time, with price growth remaining stubbornly above traditional targets. The new housing policy appears designed to demonstrate concrete action on a key voter concern where broader economic pressures have yet to fully abate.
The annual Davos forum, where Trump will speak, gathers world leaders, corporate executives, and lobbyists in the Swiss Alps and is a high-profile platform for major policy declarations.
