(The Lion)–President Donald Trump announced Wednesday that he is “immediately taking steps to ban large institutional investors from buying more single-family homes,” a move aimed at preserving the American dream of homeownership for more families.
Trump added that he would “be calling on Congress to codify” the changes and said he plans to discuss the proposal in more detail during his visit to the World Economic Forum in Davos, Switzerland, from Jan. 19–23.
— Pulte (@pulte) January 7, 2026
Federal Housing Finance Agency Director William Pulte, who posted Trump’s comments about restricting institutional investors, praised the president’s record on housing policy.
“What President Trump has done with the mortgage market over the last year has been miraculous,” Pulte posted Monday. “Mortgage rates were totally out of control, and because of President Trump crushing inflation, mortgage rates have come down.”
Housing affordability moved further out of reach for many Americans under former President Joe Biden, whose administration presided over inflation at a 40-year high.
During that period, large institutional investors took advantage of rising prices, buying up homes families could no longer afford or outbidding prospective homeowners trying to enter the market.
Trump and Pulte have initiated various reforms designed to boost homeownership, including allowing rental payment history to count toward credit scores and allowing cryptocurrency to count as an asset without having to be converted into cash.
Some proposals, such as 50-year mortgages, have received criticism.