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Trump’s Pledge to Evict Big Investors from Housing Market Hits Rental Stocks
| Non sequitur | 01/07/26 |
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Date: January 7th, 2026 5:03 PM Author: Non sequitur shame
Trump’s Pledge to Evict Big Investors from Housing Market Hits Rental Stocks Ryan Dezember hedcut By
Ryan Dezember
, Reporter
Shares of rental home companies Invitation Homes and AMH are selling off after President Trump said that he wants to prohibit big investors from buying single-family homes.
“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,” Trump wrote on his Truth Social platform Wednesday. “People live in homes, not corporations. ”
America’s two largest single-family landlords and smaller rivals emerged after the 2008 mortgage meltdown when real-estate moguls gobbled up foreclosed homes by the thousand.
When the flood of foreclosures subsided, they took to the open market, buying homes in many of the most desirable suburban neighborhoods. In that mode, they often beat out individual buyers for homes. They don’t always offer more money, but they are dispassionate buyers with deep pockets who pay cash and don’t quibble over worn flooring or ugly paint.
Some of the biggest buyers were firms run by prominent Trump supporters on Wall Street, including Tom Barrack and Stephen Schwarzman, whose Blackstone Group seeded Invitation Homes and earned a profit of about $7 billion selling the company.
During the pandemic housing boom, investors accounted for more than 20% of all home sales in some hot markets, including Houston, Miami, Phoenix and Las Vegas. |