Trump wants to ban corporate landlords : NPR
NPR • • business
Key Points:
- In Fishers, Indiana, the city implemented a new law capping investor-owned rentals at 10% per neighborhood to protect local homeownership, responding to data showing up to 38% of homes were bought for investment purposes.
- President Trump recently advocated banning large institutional investors from buying single-family homes to reduce housing costs, a stance gaining some bipartisan support though legislative efforts have faced challenges.
- Economists caution that while investor purchases can coincide with rising home prices, the primary driver is a housing shortage, and some investors contribute by building new rental homes, which can help increase supply.
- In Las Vegas, Democratic Senator Dina Neal has repeatedly proposed caps on corporate landlords due to concerns about affordability and homeownership barriers, but these efforts have been blocked
