Institutional investors to be banned from buying US single-family homes: Trump
Donald Trump has said he is taking immediate steps to stop large institutional investors from purchasing single-family homes, a move that could affect firms such as Blackstone and Cerberus, which hold significant residential property portfolios.
In a Truth Social post, the US president said he would ask Congress to codify the measure, arguing that home ownership has become increasingly inaccessible, particularly for younger Americans.
What they said: “People live in homes, not corporations,” he wrote. He linked the issue to “record high inflation caused by Joe Biden and the Democrats in Congress” and said he would present further housing and affordability proposals during a speech at the World Economic Forum in Davos in two weeks.
“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.”
The numbers: Blackstone shares fell as much as 9.3% following the announcement before paring some losses to trade 4.8% lower in the afternoon. The firm has been a major investor in single-family homes, acquiring Home Partners of America in 2021 for USD6 billion and Tricon Residential more recently for USD3.5 billion.
According to Bloomberg, institutional investors currently own only about 2% of the single-family rental housing stock in the US, while investors of all sizes made up roughly 30% of single-family home purchases at the beginning of 2025.
The sources: Donald Trump’s post, Bloomberg