So if you aren't staying long enough to want to deal with a mortgage, you'll be stuck with an apartment only?
If you don't want to own, you rent, is that what you're saying?
US will ban Wall Street investors from buying single-family homes
141–150 of 1001 posts
Re: US will ban Wall Street investors from buying single-family homes
#142The key word here is "Wall Street". And this statement is playing off a popular misconception around corporate investors buying up American houses. There has been a bit of a panic around "Investors buying up all the property!!!" With people often citing Black Rock and Blackstone as the main culprits. But most of the "investors" buying up property are individuals purchasing investment properties. Here's an article on…
From the moment I saw this in the WSJ this morning, I was wondering what people were going to come up with in order to be against this obviously-good idea, just because Trump said it.
Now I know.
Re: US will ban Wall Street investors from buying single-family homes
#143Earlier quoted context omitted.
Even if it is only 0.5% I would prefer that large institutional investment firms not be allowed into the housing market.
actually, they are actively beneficial owners. They can do things more efficiently than small time owners.
Only if you consider their more efficient ability of pumping the renter for cash and dumping the renter with an arbitrary rent increase.
Re: US will ban Wall Street investors from buying single-family homes
#144Earlier quoted context omitted.
I mean, the ideal amount of nuance is to not ban this in the first place"; right now we're talking about damage control for particularly critical subsets of uses. > Universities typically own housing as well. I'd expect that argument to carry negative weight with the folks trying to do this, given the hate they have for universities in general, and the love of privatization.
> critical subsets of uses I don't consider rich people trying to hide their identity to be "critical" at all. Maybe having their address public will be a way to force them to act with consideration of the community instead of just themselves for once while they hide in some anonymous mansion.
Rich people aren't the only ones that want to hide their address. Stalking/DV victims can use this too, or even just a regular person that prefers privacy.
Re: US will ban Wall Street investors from buying single-family homes
#145The key word here is "Wall Street". And this statement is playing off a popular misconception around corporate investors buying up American houses. There has been a bit of a panic around "Investors buying up all the property!!!" With people often citing Black Rock and Blackstone as the main culprits. But most of the "investors" buying up property are individuals purchasing investment properties. Here's an article on…
From the moment I saw this in the WSJ this morning, I was wondering what people were going to come up with in order to be against this obviously-good idea, just because Trump said it. Now I know.
I don’t read this as being against it at all. They’re simply pointing out it doesn’t have that big of an impact because of a bigger problem that remains.
Re: US will ban Wall Street investors from buying single-family homes
#146What about the many, many thousands of homes that have already been bought up?
If they cannot be resold to other speculators their price can go waaay down
The only way that prices could go waaay down is if the supply of new homes increases or demand decreases (or some combination of both).
Which of those do you think is likely as a result of the proposed action, and why?
Re: US will ban Wall Street investors from buying single-family homes
#147Why do they not link Trumps posts? I would really rather be able to see what he said, and this was something he posted online to truth social
Edit: I think this was the post https://truthsocial.com/@realDonaldTrump/posts/1158550595275...
I guess they didn't link it because it changes the meaning of the article, his post reads more like he's going to discuss it and wants to do something about it.
Re: US will ban Wall Street investors from buying single-family homes
#148One additional important detail: if this gets implemented at all, hopefully it does not affect the common practice of having a self-owned LLC owning your home. This is common for the purposes of keeping your personal name out of public records; it is far too easy to link someone's name and address, and people at risk of doxing can do this to protect themselves.
Maybe they can just own one?
Re: US will ban Wall Street investors from buying single-family homes
#149The key word here is "Wall Street". And this statement is playing off a popular misconception around corporate investors buying up American houses. There has been a bit of a panic around "Investors buying up all the property!!!" With people often citing Black Rock and Blackstone as the main culprits. But most of the "investors" buying up property are individuals purchasing investment properties. Here's an article on…
Yes, It should be expanded that no company can own residential property, and more importantly, each person can only own one property.
People should go find something else to invest their savings in.
Re: US will ban Wall Street investors from buying single-family homes
#150Earlier quoted context omitted.
> because there's one extremely obvious way to lower the price of building new housing: Reducing or eliminating tariffs on construction equipment and materials and ensuring a robust supply of low-cost labor. Oh I thought the one extremely obvious way was to fix local policy roadblocks. After all, it's not like a lacking supply of housing is a new issue they suddenly appeared out of nowhere within the last dozen month…
> After all, it's not like a lacking supply of housing is a new issue they suddenly appeared out of nowhere within the last dozen months. The main lumber and building materials tariffs went into effect January 1st 2026. If you thought the current situation was bad, it's only going to get worse. This announcement is a distraction to get people blaming Wall Street. It's a "look over there!" announcement literally days…
I think you're getting your facts wrong: https://edition.cnn.com/2026/01/01/business/trump-furniture-...
"President Donald Trump has delayed new tariff increases on upholstered furniture, kitchen cabinets, and vanities for a year, pushing their implementation to 2027, according to a White House statement."