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WSJ Opinion: Potomac Watch

Why Is Trump Blaming Investors for High Housing Prices?

WSJ Opinion: Potomac Watch

The Wall Street Journal

Society & Culture, News

42.7K Ratings

🗓️ 9 January 2026

⏱️ 26 minutes

🧾️ Download transcript

Summary

President Trump says he wants to ban "large institutional investors" from buying single-family homes, taking up another cause long championed by progressives, including Elizabeth Warren. How much housing do such companies own, and does the White House have the power to act, or is this more populist scapegoating? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Corporate megastores are spending millions lobbying DC politicians on one-sided policies that send small businesses tumbling.

0:08.0

They want to enact harmful credit card mandates that take resources away from your local credit union and community bank.

0:14.0

Leaving Main Street businesses with less access to credit, making it harder for your family to pay for everyday goods like gas and groceries.

0:22.9

Tell Congress to guard your card and oppose the Durban Marshall credit card mandates.

0:28.4

Paid for by Electronic Payments Coalition.

0:32.8

From the opinion pages of the Wall Street Journal, this is Potomac Watch.

0:39.1

President Trump says he's moving to ban large companies from buying single-family houses.

0:45.2

But does the White House have the power to do this?

0:47.5

And is it really what ails the American housing market?

0:51.0

Welcome, I'm Kyle Peterson with the Wall Street Journal.

0:54.0

We're joined today by my colleagues

0:55.6

on the journal's editorial pages, columnists Alicia Finley, and Kim Strassel. Today's news story begins,

1:02.5

as so many often do, with a truth social post from President Trump. Here was from Wednesday.

1:09.1

I am immediately taking steps to ban large institutional

1:12.0

investors from buying more single-family homes, and I will be calling on Congress to codify it.

1:18.5

People live in homes, not corporations. I will discuss this topic, including further housing

1:23.7

and affordability proposals and more at my speech in Davos in two weeks, unquote.

1:29.6

Alicia, to start with, give us a sense of how big institutional investors are in the United

1:35.6

States housing market.

1:37.0

That might give some perspective on the size of what the president here is suggesting

1:42.1

as a problem.

1:42.7

Well, the top 24 single-family rental

...

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