Trump signed an order that seeks to restrict Wall Street firms from buying single-family homes

"President Donald Trump signed an executive order on Tuesday seeking to limit large Wall Street investors from buying single-family homes, as part of his push to make essentials more affordable for Americans. The order details a multi-pronged plan targeting large investors. It includes measures that wouldrestrict institutional investors from buying homes that individuals could purchase, combat speculation in the single-family housing market, and conduct antitrust reviews of acquisitions."

"The order comes with an important exception: build-to-rent properties that were designed and constructed asrental communities. The order also says there may be other "narrowly tailored exceptions." Per the order, the Treasury Department has a month to develop definitions of "large institutional investors" and "single-family homes." Relevant federal agencies have 60 days to look at ways to prohibit the buying of single-family homes by large entities."

""Neighborhoods and communities once controlled by middle-class American families are now run by faraway corporate interests. People live in homes, not corporations," Trump said in the order. Trump first proposed the order in a Truth Social post earlier this month. "For a very long time, buying and owning a home was considered the pinnacle of the American Dream," Trump wrote. "That American dream is increasingly out of reach for far too many people, especially younger Americans.""

President Donald Trump signed an executive order aiming to limit large Wall Street investors from buying single-family homes and to make housing more affordable. The order outlines a multi-pronged plan to restrict institutional purchases of homes that individuals could buy, to combat speculation in the single-family market, and to conduct antitrust reviews of acquisitions. The order exempts build-to-rent properties designed as rental communities and allows for other narrowly tailored exceptions. The Treasury Department has one month to define "large institutional investors" and "single-family homes," and federal agencies have 60 days to identify ways to prohibit such purchases by large entities.

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