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Executive Order banning Big Wall Street from buying up single-family homes

Posted on 5/11/26 at 6:51 pm
Posted by Ailsa
Member since May 2020
8445 posts
Posted on 5/11/26 at 6:51 pm
quote:

Large investment firms are crushing regular families, bidding with all-cash offers, skipping inspections, and turning neighborhoods into corporate rental empires.

One Houston mom bid on 20 homes and lost every single one.

Trump’s response?

? Executive Order banning Big Wall Street from hoovering up single-family homes

? Full-throated push for the 21st Century ROAD to Housing Act (already passed Senate with ~90 votes)

“Homes are for people, not corporations.”
Posted by Stealth Matrix
29°59'55.98"N 90°05'21.85"W
Member since Aug 2019
11706 posts
Posted on 5/11/26 at 6:52 pm to
Liberals about to be defending billionaires again
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 5/11/26 at 6:53 pm to
quote:


“Homes are for people, not corporations.”


I agree with Trump here.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477002 posts
Posted on 5/11/26 at 7:12 pm to
quote:

Liberals about to be defending billionaires again


Just like MAGA will be defending government manipulation of free markets

With populists, expect populism.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 5/11/26 at 7:15 pm to
quote:


Liberals about to be defending billionaires again


I wouldnt care if corporations bought homes, and sold to someone for a profit.

But turning them into rentals destroys a neighborhood.
Posted by DeltaDoc
The Delta
Member since Jan 2008
16791 posts
Posted on 5/11/26 at 7:16 pm to
That’s an incredible move by Trump. Bravo.
Posted by RelicBatches86
Florida
Member since Nov 2024
1539 posts
Posted on 5/11/26 at 7:18 pm to
Boomers paying much lower property tax due to laws favoring them and outbidding young men and women for housing with cash offers, preventing them from starting families is a far bigger problem than what Wall Street is doing

One age group gets more benefits than the rest of us, the average home buyer age has gone to a record-high.
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This post was edited on 5/11/26 at 7:48 pm
Posted by Bass Tiger
Member since Oct 2014
55751 posts
Posted on 5/11/26 at 7:22 pm to
Many of us were calling for this right after the Financial Meltdown of 2008/2009. Any one with a functioning brain knew the 'big money" was going to snap up hundreds of thousands of distressed residential real estate properties for 40-60% discount using US taxpayer funded ZIRP money.

And they did!!!!
Posted by dickkellog
little rock
Member since Dec 2024
2936 posts
Posted on 5/11/26 at 7:23 pm to
quote:

Boomers paying much lower property tax due to laws favoring them and outbidding young men and women for housing with cash offers, preventing them from starting families is a far bigger problem than what Wall Street is doing


i'll be thinking about you when have our first party this memorial day at our lake house! it's 5000 square feet, never forget boy because i have so much you have so little!
Posted by Espritdescorps
Member since Nov 2020
2761 posts
Posted on 5/11/26 at 7:25 pm to
quote:

Boomers paying much lower property tax due to laws favoring them and outbidding young men and women for housing with cash offers, preventing them from starting families is a far bigger problem than what Wall Street is doing


Pearl clutching boomers have fricked the realestate market for young families
Posted by Bass Tiger
Member since Oct 2014
55751 posts
Posted on 5/11/26 at 7:27 pm to
quote:

Boomers paying much lower property tax due to laws favoring them and outbidding young men and women for housing with cash offers, preventing them from starting families is a far bigger problem than what Wall Street is doing

One age group gets more benefits than the rest of us, the average home buyer age has gone to a record-high.


Where are these lower property taxes occurring? The property taxes on our home have nearly doubled over the past 15-20 years......I need relief.
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1758 posts
Posted on 5/11/26 at 7:39 pm to
quote:

Boomers paying much lower property tax due to laws favoring them and outbidding young men and women for housing with cash offers, preventing them from starting families is a far bigger problem than what Wall Street is doing


Cry me a river you communist frick.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 5/11/26 at 7:41 pm to
quote:


Boomers paying much lower property tax due to laws favoring them and outbidding young men and women for housing with cash offers, preventing them from starting families is a far bigger problem than what Wall Street is doing


Sounds like something Bernie would say.

During Covid and shortly after, all this free money and access to 401k accounts fricked up the market.
This post was edited on 5/11/26 at 7:43 pm
Posted by Deplorableinohio
Member since Dec 2018
7927 posts
Posted on 5/11/26 at 7:44 pm to
This!

My property taxes in Ohio are not adjusted based on the fact I’m a 70 year old boomer. What’s bunch of bs.
Posted by Penrod
Member since Jan 2011
55573 posts
Posted on 5/11/26 at 7:49 pm to
This is complete commie bullshite. And it will hurt homebuyers and renters.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477002 posts
Posted on 5/11/26 at 7:50 pm to
quote:

Cry me a river you communist frick.


You think the person arguing that government shouldn't treat people differently and affect the market is the communist?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
477002 posts
Posted on 5/11/26 at 7:51 pm to
quote:

Where are these lower property taxes occurring?

I know Texas has it
Posted by crotiger0307
Utah
Member since Jan 2018
1217 posts
Posted on 5/11/26 at 7:55 pm to
I was about to say, here come the boomers who bought their houses for $50k criticizing how this spoils the younger generation or some other geriatric BS.
Posted by White Bear
Homeless
Member since Jul 2014
17639 posts
Posted on 5/11/26 at 7:59 pm to
Reckon the number of these homes are sect 8?
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 5/11/26 at 8:31 pm to
And with lawyers, expect bull shyte
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