Image Credit: Joe Raedle / Staff / Getty 
On Wednesday President Donald Trump addressed the un-affordability of home ownership in America by pledging to ban large institutional investors from buying up single-family homes.
For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans. It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.
Importantly, Trump said he will be calling on Congress to codify the action into law, meaning, shall the move succeed, it will outlive the Trump administration.
Infowars has been chronicling how big corporations like Blackrock and Blackstone have been buying up single-family homes, pricing out younger buyers and destroying the “American Dream.”
Tiffany Cianci has been covering this corporate takeover of the residential real estate sector.
She detailed how Blackstone is the largest owner of single-family home in the country.
She also clarified the relationship between Blackrock and Blackstone:
