Core Viewpoint - President Trump signed an executive order aimed at curbing Wall Street-backed investors from purchasing single-family homes, asserting that this practice has made homeownership unaffordable for American families and transformed neighborhoods into corporate assets rather than communities [1][3]. Group 1: Executive Order Details - The order instructs federal agencies to limit federal support for purchases of single-family homes by institutional investors and calls for increased antitrust scrutiny by the DOJ and FTC [2][9]. - It emphasizes that large institutional investors should not buy single-family homes that could otherwise be purchased by families, with guidance to be issued within 60 days [6][9]. - The order allows for exceptions for build-to-rent communities that are specifically planned and constructed as rental properties, aiming to preserve legitimate rental development [9]. Group 2: Economic and Social Implications - Trump highlighted that homeownership is a key aspect of the American dream, which is increasingly unattainable for many, particularly first-time buyers, due to competition from institutional investors [3][12]. - The executive order is framed as both an economic and moral issue, with the intention to empower American families and prevent Wall Street from treating neighborhoods as mere investment opportunities [11][12]. - The White House stated that the move is designed to prioritize American families in the housing market, addressing the issue of institutional buyers crowding out first-time homebuyers [12].