President Donald Trump announced Wednesday that his administration is moving to ban major investors from buying up single-family homes in the U.S. in an attempt to lower housing prices.
Trump claimed in a Truth Social post that former President Joe Biden and congressional Democrats have caused “record high inflation,” which has caused the “American Dream” to become “increasingly out of reach for far too many people.”
Donald J. Trump Truth Social Post 12:45 PM EST 01.07.26 pic.twitter.com/udFmE0FDDB
— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) January 7, 2026
“For a very long time, buying and owning a home was considered the pinnacle of the American Dream,” Trump wrote in the social media post. “I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it.”
“People live in homes, not corporations,” the president emphasized.