{"id":887240,"date":"2026-01-23T21:13:31","date_gmt":"2026-01-24T03:13:31","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/23\/us-will-not-become-a-nation-of-renters-trump\/"},"modified":"2026-01-23T21:13:31","modified_gmt":"2026-01-24T03:13:31","slug":"us-will-not-become-a-nation-of-renters-trump","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/23\/us-will-not-become-a-nation-of-renters-trump\/","title":{"rendered":"US \u2018will not become a nation of renters\u2019: Trump"},"content":{"rendered":"<div>\n<div>\n<p>\n            This audio is auto-generated. Please let us know if you have <a href=\"http:\/\/www.constructiondive.com\/contact\/\">feedback<\/a>.\n        <\/p>\n<\/p><\/div>\n<h3><span><span><span><span><span><span>Dive Brief:<\/span><\/span><\/span><\/span><\/span><\/span><\/h3>\n<ul>\n<li><a href=\"https:\/\/www.whitehouse.gov\/presidential-actions\/2026\/01\/stopping-wall-street-from-competing-with-main-street-homebuyers\/\"><span><span><span><span><span><span><span><span>President Donald Trump signed an executive order<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> Tuesday that aims to increase paths to homeownership by barring institutional investors from purchasing single-family homes that could otherwise be bought by families. <\/span><\/span><\/span><\/span><\/span><\/span><a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/115855059527504524\"><span><span><span><span><span><span><span><span>Trump first announced the move<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> on Jan. 7 in a Truth Social post, surprising some in the industry.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>\u201cAmerica will not become a nation of renters,\u201d the president said in a speech at the World Economic Forum in Davos, Switzerland, on Wednesday. \u201cThat\u2019s why I\u2019ve signed an executive order banning large institutional investors from buying single-family homes. It\u2019s just not fair to the public. They\u2019re not able to buy a house.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>REIT analysts had mixed responses to the executive order, investment bank Mizuho Americas said in a Jan. 20 analyst note. Some it polled said the announcement is a \u201cnothing-burger\u201d and \u201cbetter than feared,\u201d while others said that \u201cthe policy risk overhang continues.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3><span><span><span><span><span><span>Dive Insight:<\/span><\/span><\/span><\/span><\/span><\/span><\/h3>\n<p><span><span><span><span><span><span>In recent years, Wall Street giants and institutional investment firms have driven up housing prices by purchasing hundreds of thousands of single-family homes, Trump said in his Davos speech, and \u201cit\u2019s been a great investment for them.\u201d In his order, titled \u201cStopping Wall Street from Competing with Main Street Homebuyers,\u201d he directed the secretary of the Treasury to define \u201clarge institutional investor\u201d and \u201csingle-family home\u201d within 30 days.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cI\u2019m calling on Congress to pass that ban into permanent law, and I think they will,\u201d Trump said in his speech. \u201cHomes are built for people, not for corporations.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>As of 2022, <\/span><\/span><\/span><\/span><\/span><\/span><a href=\"https:\/\/www.gao.gov\/assets\/gao-24-106643.pdf\"><span><span><span><span><span><span><span><span>mega-landlords owned only about 3%<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> of the SFR housing stock, per a 2024 analysis by the Government Accountability Office. However, these investors are drawn to high-growth and geographically concentrated areas, so percentages vary by region. In Atlanta; Jacksonville, Florida; and Charlotte, North Carolina, for example, institutional investor-owned homes constituted about 25%, 21% and 18% of the single-family rental market, respectively.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>National Multifamily Housing Council President Sharon Wilson G\u00e9no and National Apartment Association President and CEO Bob Pinnegar said in a statement shared with Multifamily Dive that rental housing providers are \u201ckey partners\u201d in addressing the country\u2019s housing affordability challenges.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cOur nation\u2019s housing crisis \u2013 undoubtedly one of the defining issues of our time \u2013 cannot be solved without the involvement of every corner of the housing ecosystem, from rental housing to the for-sale market. For millions of Americans across our country, renting provides the flexibility and lifestyle needs that best support them,\u201d Wilson G\u00e9no and Pinnegar said in their statement.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>A key <\/span><\/span><\/span><\/span><\/span><\/span><a href=\"https:\/\/www.multifamilydive.com\/news\/investors-analysts-react-to-trumps-single-family-home-buying-ban\/809152\/\"><span><span><span><span><span><span><span><span>concern from the housing industry<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> following Trump\u2019s initial announcement was whether institutional investors could still build single-family homes for renting. According to some experts Mizuho Americas polled, the ban on large investors \u201cappears dependent on the interpretation of the phrase \u2018homes that could otherwise be purchased by families\u2019\u201d and allows for \u201cproperties that are planned, permitted, financed, and constructed as rental communities.\u201d\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cThe whole community for build-to-rent has been allowed,\u201d but the president\u2019s policy on mixed-use projects is less clear, said Ivy Zelman, executive vice president of research and securities at New York City-based financial services firm Zelman, in a Wednesday webinar about Trump\u2019s announcement. She pointed out that despite a possible ban, the country\u2019s largest renter of single-family housing, <\/span><\/span><\/span><\/span><\/span><\/span><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260116703622\/en\/Invitation-Homes-Acquires-ResiBuilt-to-Enhance-Development-Capabilities-and-Deliver-More-Housing-Solutions-for-American-Families\"><span><span><span><span><span><span><span><span>Invitation Homes, acquired SFH build-to-rent firm ResiBuilt<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> for $89 million last week.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>At Davos, Trump also touched on other factors impacting homeownership: \u201cThe crazy thing is you can\u2019t get depreciation on a house, but when a corporation buys it, they get depreciation,\u201d Trump said. \u201cThat\u2019s something we\u2019re going to have to think about too.\u201d Institutional investors can deduct property value loss over time from their taxes to offset rental income.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Trump also named debt as a key roadblock to homeownership, and said he\u2019s urging Congress to pass a one-year cap on credit card interest rates at 10%. \u201cThis will help millions of Americans save for a home,\u201d Trump said. \u201cThey have no idea they\u2019re paying 28%, they\u2019re a little late on their payment and they end up losing their house. It\u2019s terrible.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The <\/span><\/span><\/span><\/span><\/span><\/span><a href=\"https:\/\/www.cnbc.com\/2026\/01\/21\/trump-congress-10percent-credit-card-interest-rate-cap.html\"><span><span><span><span><span><span><span><span>banking industry has panned the proposal<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, and it\u2019s unlikely that such a bill would have enough support to become law, according to CNBC.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>In addition, the president is deploying government-controlled mortgage finance firms Fannie Mae and Freddie Mac to move mortgage rates and is moving forward with a new chair of the Federal Reserve to replace Jerome Powell.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cFinally, I have instructed government-backed institutions to purchase up to $200 billion in mortgage bonds to bring down interest rates,\u201d Trump said. \u201cAnd I\u2019ll be announcing a new Fed chairman in the not-too-distant future,\u201d adding that his pick was \u201cvery respected.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><em>Click <\/em><a href=\"https:\/\/www.multifamilydive.com\/signup\/?utm_campaign=Multifamily-Dive-Editorial-Promotion-Sources04032022&#038;\"><em>here<\/em><\/a><em> to sign up to receive multifamily and apartment news like this article in your inbox every weekday.<\/em><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.constructiondive.com\/news\/trump-davos-investor-ban-buy-homes\/810222\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Julie Strupp<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This audio is auto-generated. Please let us know if you have feedback. Dive Brief: President Donald Trump signed an executive order Tuesday that aims to increase paths to homeownership by barring institutional investors from purchasing single-family homes that could otherwise be bought by families. Trump first announced the move on Jan. 7 in a Truth<\/p>\n","protected":false},"author":1,"featured_media":887241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23540,26565],"tags":[],"class_list":{"0":"post-887240","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-will","8":"category-nation"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/887240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=887240"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/887240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/887241"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=887240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=887240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=887240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}