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ABC News

ABC News

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Trump signs executive order addressing housing costs

Video Overview & Insights

President Donald Trump signed an executive order aimed at stopping Wall Street investment firms from buying single-family homes and potentially pricing lower-income Americans out of the market.

You guys never stop the hate. It is on the hand of the two houses to make into law. It is not that hard to understand. This could easily benefit everyone.

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Remove Wall Street and private equity from single-family home ownership, this was not done and your current address. It can be done.

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President Trump is making housing more affordable for you and your family.

And President Trump won’t stop fighting until the American Dream of homeownership is attainable for every American.

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we need to dig deeper than that. REAL ESTATE TRANSACTIONS VERSUS W-2 OK!! THEY DON'T PREPAY IN EVERY CHECK, STATE FEDERAL COUNTY SID ID FID ETC WE NEVER GET IN RETURNS. THEY DON'T DESERVE ANY OF THOSE BENEFITS, THEY DIDNT PUT A DIME INTO IT. JUST TAXES MATCHING SOCIAL SECURITY NOT, SEEING THEIR SPOUSES IN JOINT PASS OVER. HOW MUCH THEY BRAG OVER THE REAL ESTATE TRANSACTION AND COMMISSIONS, THEY NEED TO PREPAY EVERY PERCENTAGE DOWN TO MATCH ED WITH OUR W-2. THEM THIRSTY PSYCHOPATHS EYING OUR W2S WAS SO F**** DISGUSTING, EVEN FORGING MY SIGNATURE FOR MY STATE RETURN IN OAHU. THEY NEED TO PAY UPFRONT WHAT W2 PUT. AND AFTER TAKIN $661 ... SHAMELESS VS THEIR COMMISSION BLOOD THIRSTY FOR EVERY CHECK EVEN FOOD STAMPS THEN UI THEN MY ID SSN OBV. TRUMP YOU NEED TO ADDRESS TAXPAYERS, AND YOUR REPRESENTATION TO UR REALTORS, AND YOUR BLIND EYE IS LIKE THE USA TO KOREA UNDER JAPANESE OCCUPATION FOR QUID PRO QUO.

— @jeesuekim

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Trump just said 3 days ago he wants to drive housing prices UP not down to protect his rich friends and himself

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I hate trump but if he pulls it off it will actually be a good thing and we can finally say he finally did something right for a change.

— @davidsmith-uw2ci

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I am so happy this was signed they're always blaming the Republicans these corrupted Democrat always blaming someone else New Jersey is the worst place to live if you have a retirement plan they will tax your retirement I have friends who want to move to Jersey but they can't because their retirement plans will be taxed corruption corruption corruption in New Jersey

— @Rivera-f5j

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Great step in the right direction its not fair for billionaires to buy homes wholesale and inflate rents while families struggle to even afford that rent

— @benny0507

More User Perspectives

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This is BS. I got to this video through a headline that says Trump BANNED the Wall Street firms from buying single-family homes. Lies. His EO doesn't actually ban anything but he'll be cheered for this nothing burger. It's performative and changes NOTHING.

@TabbyQ.9563
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Too little way too late! Blackrock and Vanguard have already bought up all the single family houses a long time ago! Plus loopholes renders this basically useless as always!

@ahevexyul939
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About time this needs to happen. Too much GREED

@PeterHernandez-lg2eh
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😂😂🖕U Chuck Schumer. This happened on your watch

@scottjones6472
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Peacocking.

@KathrynBrock1
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This is how crazy that he's trying to take the federal government to take steps to pick up prices and make it harder for people to live like, be realistic.We've been through so much stuff in the last seven years that half of it , we can't even fathom and the other half that's coming to a reality is more like he's making it harder for us to even survive

@westtreats6289
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This is to create a fake sentimental act of care FOR AMERICA TO FORGET ICE WAR MONGERING ON THE STREETS
PLEASE WAKE UP PEOPLE MASTER CON MAN MANIPULATOR OF TRUTH AND TRUST WE GAVE HIM

@Michael-y4u6u
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Seriously like why can't they see Americans are not stupid people

@Michael-y4u6u
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Why do Keep putting up with these people

@Michael-y4u6u
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How could these politicians think AMERICANS are so stupid

@Michael-y4u6u
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Gotta try harder to come up with better distraction THAN THIS DETOUR

@Michael-y4u6u
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A for effort. Nope NOT GOOD ENOUGH DISTRACTION. To forget ICE ABUSE BUT HEY A FOR EFFORT

@Michael-y4u6u
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Research how many properties trump owns..? 400 plus…
The right to buy properties is a right..
This bill is wrong and will destroy the markets…
Many unsold homes will rot…

@jefferylorance7988
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Trump is part of Blackstone !right

@nancyfloyd7052
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Thats a joke!!!

@nancyfloyd7052
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Now what can you liberal woke dei democrats complain about about , he is helping people get into there own houses and making mortgages affordable. Name any fin democrat who attempted to help people purchase their homes of there dreams

@gusdrives8421
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Research this? Trump owns over 400 properties…

@jefferylorance7988
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Bezos used your lock down Amazon covid money to become one of the biggest investors. Unfortunately that was nearly 6 years ago, so the horse has long left the barn

@joesmith9349
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It's absolutely absurd that investment companies were ever able to buy up thousands of homes.. inflating the market. It's always been about a government scam to artificially inflate housing prices for more property taxes. You may as allow large investment firms to buy up a large portion of oil and food and then resell it at an inflated rate. It shouldn't be just large institutions. It should be all institutions and corporations. They should have to sell their inventory.. as this should have never been able to happen in the first place. Then you would see the housing market more affordable as it should be.

@briancollins2743
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He needs to forbid foreigners from buying SFH also u less they become permanent residents.

@dougk2932
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Will do nothing to help affordability for home buying or renting. We’re far short of the amount of all types of housing needed. Add grabbing and deporting a good chunk of the people who do the actual construction who are working outside labor unions. I’m pro union, but costs are higher.

@mschief-central4940
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A little late dontcha think? The banks will dump on the market, and equity will plummet.

@charleshorseman55
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And everyone will still bitch that he's not doing anything to help Americans.

@scotthall82c
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I thought we had a congress , and a senate . The executive orders have been taken to a new level under Trump 47. The congress is a co- equal branch of government, along side of the judicial branch . Trump 47 has quickly deteriorating the foundation of this constitutional structure, opting for a autocratic form of government. America is ending, it is becoming a dictatorship , that serves the interests, and profitability of the dictator, Donald J. TRUMP, and the Jewish lobbies that have given him his rise to power.

@DANIELWEAVER-m3h
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Why even buy a house at 40? Just so you can be done with the loan at 70 and die 10 years later?

@alandangg
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Do not trust him on this. He does absolutely nothing to help the average American. This is highly suspect.

@michelegagnon5618
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Very good move by the President. Pains me to say it, but this is the one good thing done since coming into office for the ordinary folks, and should be applauded.

@kojodad1
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I'm not selling my home to any foreign company or person. Stop calling me.

@williamdavis9943
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They got all the single homes to multiple that market as well as apartment buildings. Arizona has indicated major players in basic anti-trust laws for buying properties, promising improvements but get higher rents, higher deposit rates, 3 times income over rent, Ect.

@scottnichols-wg7ju
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Unless they’ve eliminated the early withdrawal penalty you could always use 401k for down payment on primary home purchase, that’s not new. Also, it’s too late for this. They’ve already bought up significant real estate.

@TeriMyers-x4i
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How about stopping them tariffs your taxing Americans with to make you and your buddies richer.

@NeverVibin
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ABOUT TIME…. BUT ARENT THESE INVESTORS TRUMPS BUDDIES & CAMPAIGN SUPPORTERS. Black stone also buying MOBILE HOME PARKS!

@beverlysagehorn3938
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Another policy that is benefiting ALL Americans! But the lunatic left still bashes Trump!! You people really need to get your TDS treated!!

@tskins64
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Nothing on price hikes?

@leedolian4482
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He just did. This is his friends could get rich 😂😂😂😂😂and his opponent can't 😂

@Princesstx
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Suck eggs Blackstone and blackroc

@toddedward212
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Great News. This Helps The Little Man. Thank you President Donald J Trump. MAGA USA USA

@AngelSuarez-m3jr
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No more foreign investment in US single family homes!!

@Medha-g2o
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Now let us buy vehicles directly from the manufacturer. Dealerships are a fu king joke.

@robertchristii5017
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Trump Forever 🇺🇸🇺🇸🇺🇸🇺🇸

@mikefeltner4216
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He needs to Cap mortgage rates and increase funding for affordable housing programs for middle class/ even higher income based on geographic area.

@Wevdbj-m1q8d