Core Viewpoint - The U.S. President announced a move to ban Wall Street firms from purchasing single-family homes to reduce home prices, responding to rising living costs ahead of the midterm elections [1][11]. Group 1: Political Context - The proposed ban represents a significant shift for Republicans, aligning them with long-standing Democratic criticisms of corporate homebuying, which has been blamed for increasing housing costs and reducing supply [2][11]. - The announcement comes amid mounting political pressure on the White House regarding the cost of living [1][11]. Group 2: Market Reaction - Following the announcement, American Homes 4 Rent fell to a near three-year low, closing 4% lower, while Blackstone dropped about 5.6%, and the PHLX housing index decreased by 2.6% [5][11][12]. Group 3: Institutional Investors - A 2024 Government Accountability Office study indicated that institutional investors, including Blackstone, owned approximately 450,000 homes, or about 3% of all single-family rental homes in the U.S. by June 2022 [2][11]. - Blackstone stated that its exposure to single-family homes is minimal and that it has been a net seller of such properties over the past decade [6][12]. Group 4: Housing Market Trends - Since Trump's first election victory, U.S. home prices have increased by roughly 75%, significantly outpacing overall consumer inflation [8][12]. - However, home price growth has slowed, with a reported increase of only 1.7% in October, marking the weakest pace in over 13 years [8][12]. - Shelter-cost inflation has also decreased, with annual shelter inflation slowing to 3.0% in November, the lowest level in more than four years [9][12]. Group 5: Affordability Issues - Despite signs of cooling housing inflation, affordability remains a critical political issue, as many Americans continue to face high prices and limited inventory [10][12].

Core Viewpoint - The sell-off of Invitation Homes (INVH.US) and American Homes 4 Rent (AMH.US) following President Trump's comments on banning institutional investors from purchasing homes appears to be excessive [1] Group 1: Company Impact - Following Trump's remarks, INVH and AMH experienced significant stock price declines, with INVH dropping approximately 6% and AMH falling around 4% [1] - Analyst Nick Joseph suggests that if INVH and AMH are forced to liquidate or decide to do so due to inability to expand their portfolios, it could actually serve as a positive catalyst for their stock prices, as both companies are currently trading well below their net asset values [1] Group 2: Market Context - The concept of banning institutional home purchases has been discussed for years, and while it seems more likely now, many investors have already considered the potential impacts if such a ban were to become law [1] - The report indicates that the Trump administration is unlikely to prevent AMH from advancing its development projects or to stop INVH from signing development agreements with home builders, as these activities would contribute to increasing housing supply [1]

Core Viewpoint - The announcement by President Trump to potentially ban large institutional investors from purchasing single-family homes has raised concerns in the real estate market, leading to a decline in related stock prices and highlighting ongoing issues in the housing market [1][2]. Group 1: Policy Announcement - President Trump plans to take immediate action to prohibit large institutional investors from buying more single-family homes and will urge Congress to legislate this measure [1]. - The discussion around this policy comes as the U.S. housing market remains sluggish, with residential sales expected to be at a 30-year low for the third consecutive year [1]. Group 2: Market Reaction - Following the announcement, stocks related to real estate, such as Invitation Homes and American Homes 4 Rent, saw declines of 6.01% and 4.29%, respectively [2]. - Blackstone, involved in housing rentals and real estate funds, experienced a 5.57% drop in stock price, while Opendoor's stock fell by 11.69% [3]. Group 3: Institutional Investor Impact - Institutional investors, defined as non-lending entities purchasing at least 10 properties within a year, accounted for approximately 6.8% of U.S. residential transaction volume by Q3 2025, down from a peak of 11.3% at the end of 2021 [2]. - The significant rise in home prices over the past five years, with a cumulative increase of over 50% since March 2020, has been partly attributed to the influx of Wall Street capital [2]. Group 4: Analyst Perspectives - Analysts suggest that the market reaction to the policy announcement may be exaggerated, indicating potential mid- to long-term investment opportunities in single-family residential REITs and certain homebuilders [3]. - Analysts recommend that affected REITs could adapt to potential policy changes by shifting to self-development, adjusting capital allocation, or selling some existing assets to realize gains from rising home prices [3].

Group 1: Policy Proposal - President Trump is proposing a ban on large institutional investors from purchasing single-family homes to restore homeownership as a central aspect of the American Dream [1][3] - The proposal is a response to record high inflation attributed to the current administration, which has made homeownership increasingly unattainable for many, particularly younger Americans [2][3] Group 2: Market Impact - Following Trump's comments, shares of homebuilder companies dropped, with American Homes 4 Rent falling to a three-year low of $28.84 and Blackstone reaching a one-month low of $147.52 [7] - Institutional investors like Blackstone have acquired thousands of single-family homes since the 2008 financial crisis, which has drawn criticism from housing advocacy groups and Democrats for contributing to rent inflation [6][7] Group 3: Homeownership Trends - Redfin's data indicates that the median U.S. home sale price was approximately $433,214, reflecting a 0.7% year-over-year increase, while home sales dropped by 6.7% year-over-year [9] - Homeownership rates among younger generations, specifically Gen Z and millennials, have remained relatively flat, with slight declines noted in 2024 compared to 2023 [11][12] - In contrast, Gen X and baby boomers have seen increases in homeownership rates, with Gen X rising from 72% to 72.9% and baby boomers from 78.8% to 79.6% [13]

Group 1 - The announcement by Donald Trump aims to ban large institutional investors from purchasing single-family homes in the US, with the intention of making housing more affordable for ordinary buyers, particularly younger Americans [2][3][5] - Large institutional investors, including private equity firms and major asset managers like Blackstone and Cerberus, are being targeted as their activities are believed to have reduced housing availability and increased prices and rents [3][4] - The market reacted negatively to the announcement, with shares of companies involved in single-family rentals, such as Blackstone, Invitation Homes, and American Homes 4 Rent, experiencing a sharp decline [3][4] Group 2 - Data indicates that institutional investors own a relatively small portion of the single-family home market, with Blackstone reporting that they hold about 0.5 percent of all single-family homes in the US [4] - According to a 2022 report, investors owning 1,000 or more properties account for only 2-3 percent of single-family rental homes, while smaller landlords owning between one and five homes represent around 85 percent of investor-owned homes [4] - Investor activity in the housing market varies, with reports showing that nearly one-third of all single-family residential properties sold in mid-2025 were purchased by investors, influenced by high mortgage rates and affordability challenges for traditional buyers [5]

US President Donald Trump says his administration is moving to ban Wall Street investors from buying single-family homes ‍in a bid to reduce home prices, a potential blow for private-equity landlords.In a post on Truth Social, ​Trump said he was taking immediate action and would ask Congress to codify the measure, adding he would also be ⁠discussing additional housing and affordability proposals in a speech at the Davos World Economic Forum.“For a very long time, buying and owning a home was considered the ...

Core Viewpoint - The intraday selloff in Invitation Homes (INVH) and American Homes 4 Rent (AMH) is considered overdone by Citi Research, following comments from U.S. President Donald Trump regarding potential actions to ban institutional investors from purchasing homes [4] Company Analysis - Invitation Homes (INVH) and American Homes 4 Rent (AMH) experienced significant stock price declines due to market reactions to political comments [4] - Citi Research suggests that the market's reaction may not accurately reflect the long-term fundamentals of these companies [4] Industry Context - The potential ban on institutional investors buying homes could impact the housing market dynamics, particularly affecting rental companies like INVH and AMH [4] - Institutional investment in residential real estate has been a growing trend, and any regulatory changes could reshape the competitive landscape [4]

It isn't clear whether congressional approval would be needed to institute such a ban. ...

Group 1 - The Trump administration is moving to ban large institutional investors from purchasing single-family homes to help reduce home prices [1][4] - The median sale price of homes in the US was reported at $410,800 last year, reflecting the impact of inflation and housing market dynamics [2] - Trump emphasized that home ownership is a key aspect of the American Dream, which is becoming increasingly unattainable for many, particularly younger Americans, due to record high inflation [3] Group 2 - The president plans to ask Congress to codify the ban on institutional investors and will discuss additional housing proposals at the World Economic Forum [1][4] - Concerns about affordability and living costs have been central to Trump's campaign for the 2024 presidential election, as inflation remains above typical levels [2]

President Trump said Wednesday he will seek to ban large investors from buying and then renting out single-family homes – in a bold attempt to tackle the US housing crisis.Trump did not say exactly how his plan would work, but it represents a major new initiative to lower the cost of homeownership after roughly a decade of large investors and private-equity firms buying up hundreds of thousands of single-family homes. 4 Trump spoke to the House GOP retreat on January 6, 2026. AFP via Getty Images“For a ve ...