Trump may say he’s banning Wall Street from buying homes. Does the bipartisan housing bill actually do that?
Washington Watch
Trump may say he’s banning Wall Street from buying homes. Does the bipartisan housing bill actually do that?
The measure ‘will take time to meaningfully affect housing affordability and will not resolve voter frustration in that area,’ analysts say
At the start of this year, President Donald Trump began to push for barring large institutional investors from buying single-family homes in an attempt to tackle soaring housing costs.
He’s now on the verge of signing into law a bipartisan measure that delivers such a ban. Analysts stress, however, that Congress made crucial moves during the legislative process to soften the ban’s bite.
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