In an absolutely awesome post on Truth Social that shows how his administration is rising over the din of criticism from right and left to help the American people, President Donald Trump revealed that he is taking steps to work with Congress and ban institutional investors from buying up single family housing, vowing that more details will be coming soon.
As background, many on the populist side of politics have pointed to big investors and funds like those run by infamous private equity shop Blackstone as having increased the cost of single family housing, pushing it outside the reach of ordinary Americans, by buying up large swathes of such houses in some rising metropolitan areas.
Read Full Article: https://theamericantribune.com/trump-moves-to-block-big-funds-like-blackstone-from-buying-up-single-family-homes/
