this post was submitted on 13 Jan 2026
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Politics

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This is a week old, but it flew under my radar. Even a broken clock, usw.

Donald Trump said his administration was moving to ban large institutional investors from buying single-family homes in a bid to reduce home prices.

In a post on Truth Social, his social media platform, the US president said he will be asking Congress to codify the measure and will be discussing additional housing and affordability proposals in a speech at the Davos World Economic Forum.

Trump capitalized on concerns around affordability during the 2024 presidential election campaign, pledging to rapidly reduce the cost of living for millions of Americans.

Since he returned to power a year ago, however, concerns around prices and affordability have persisted as inflation remained stubbornly above typical levels. ICE officers on wintry street next to car with driver's door open

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[–] genuineparts@infosec.pub 6 points 1 day ago* (last edited 1 day ago)

He clearly misspoke: "He'll ban single families from buying away Houses from institutional investors."

[–] t3rmit3@beehaw.org 2 points 20 hours ago (1 children)

Ah yes, the evergreen claim of being about to unveil his ~~Healthcare~~ Housing Plan!

[–] Powderhorn@beehaw.org 2 points 19 hours ago

He has concepts of a plan.

[–] thehowlingnorth@lemmy.ca 23 points 1 day ago (1 children)

Lol. Black rock bribe machine go brrrrrrrrh.

[–] Powderhorn@beehaw.org 10 points 1 day ago (1 children)

In some ways, it's nice to see capitalism finally drop the mask and admit "we're only here to fuck you all."

[–] EmpireInDecay@lemmy.ml 2 points 1 day ago

There has never been a mask

[–] TheReturnOfPEB@reddthat.com 20 points 1 day ago* (last edited 1 day ago) (1 children)

seems like that is how Trump demands bribes

[–] theangriestbird@beehaw.org 8 points 1 day ago

yep lol. Either this is a bribe scheme, or Dementia Don forgot his message.

[–] The_Che_Banana@beehaw.org 12 points 1 day ago (1 children)

He says a lot of shit but nothing is codified in law until congress makes it

[–] Powderhorn@beehaw.org 5 points 1 day ago (1 children)

It's cute you think Congress is still relevant.

[–] The_Che_Banana@beehaw.org 4 points 1 day ago (1 children)

only to the shareholders, lol

[–] Powderhorn@beehaw.org 4 points 1 day ago

Hey, there's some good money in insider trading.

[–] circuitfarmer@lemmy.sdf.org 9 points 1 day ago

Trump in another week: "did I say that?"

[–] Mongostein@lemmy.ca 7 points 1 day ago

Yeah we’ll hear more about it “in 2 weeks”

[–] j4k3@piefed.world 7 points 1 day ago

Get into the business of subdividing homes into multi unit condominiums now. Corporations will buy up every one of them.

The cost of living is due to criminal extraction of wealth through worthless mismanaged banking. That criminally inflated cost is why western countries are not labor competitive. Banking in its present form is privateer piracy.