Trump urges Congress to permanently ban Wall Street firms from buying single-family homes.

President Trump has called on Congress to pass a permanent ban on large Wall Street investment firms purchasing single-family homes, a move that would directly target institutional buyers widely blamed for squeezing housing affordability across the United States.

Institutional ownership of single-family rentals has been a flashpoint in the housing debate for years, with firms like Invitation Homes and BlackRock-backed entities accumulating tens of thousands of properties. A legislative ban would mark a significant policy shift, though it faces an uncertain path through Congress where financial industry lobbying remains formidable.

For markets, the proposal carries bearish implications for publicly traded single-family rental REITs and the broader institutional real estate complex, while potentially offering a longer-term demand tailwind for traditional homebuyers.