White House Targets Wall Street Buyers to Restore Starter-Home Access

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Source: The White House (.gov)
White House Targets Wall Street Buyers to Restore Starter-Home Access
Photo: The White House (.gov)
TL;DR Summary

The White House issued an executive order to curb large institutional investors from buying single-family homes that could be owned by families, with definitions to be developed within 30 days and guidance to federal agencies to limit such purchases and promote owner-occupant sales within 60 days, including narrow exceptions for build-to-rent; the order also calls for Treasury rule reviews, antitrust enforcement focus on large acquisitions, and mandatory disclosure of ownership in rental homes for federal programs, aiming to preserve supply for families and paving the way for legislative codification.

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