Overview
- Trump said he is immediately taking steps to bar large institutional buyers of single-family homes and will seek congressional legislation.
- The administration has not released legal definitions, thresholds, or enforcement details, with more promised in a coming World Economic Forum address.
- Pretium president Stephen Scherr argued a ban would not fix the homebuilding shortfall and said the firm primarily acquires homes in bulk from builders.
- Large investors hold under 5% of U.S. homes nationwide—about 2% for owners of 100-plus homes—though shares run far higher in parts of Atlanta, Jacksonville, and Phoenix.
- Economists and analysts say limiting these buyers would likely have modest nationwide effects given a 4–5 million home shortage and potential knock-on impacts for rental supply and construction financing.