U.S. President Donald Trump has signed an executive order aimed at preventing large institutional investors from purchasing single-family homes that could otherwise be bought by individual households, marking a new intervention in the housing market as affordability pressures persist. Under the order, federal agencies are instructed to stop the federal government from backing loans or providing financial incentives that support institutional investor purchases of single-family homes. The directive also prohibits the sale of federally owned homes to large institutional investors. “My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like ...
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