Which will hand the midterms to the Republicans.

have CITED the issue of 'institutional investors' buying up housing stock
and thus driving prices up across the entire housing supply!

I'm a homeowner and I'm literally called and texted multiple times a week by institutional investors looking to buy my house for cash. The ads on TV for "John The Homebuyer" and "72 and Sold" and other similar outfits are near constant.

In a nutshell, you are largely mistaken if you think 'individuals' are doing what you imagine in nearly as large of numbers as the institutional investors. And these investors are using software to manipulate prices in monopolistic fashion, acting in unison.

This is a huge problem

Especially with airbnb .

Either way there needs to be some control over what is happening and we might need to do things like require certain homes to be sold only to those that plan to actually live there.

And 3-flats, 4-FLATS, chopping up the interiors of what we're great three bedrooms with nice kitchens and livingrooms into two or three smaller apartments.

It's brutal. The racist greed in this country continues apace.

Dems had this legislation drafted in 2023. MSM ignored it.

Democrats introduce bills to ban hedge funds from single-family housing market
The measures were introduced in both the House and Senate to compel hedge funds to sell off all single-family homes they own over a decade and ultimately ban their participation

https://www.housingwire.com/articles/democrats-introduce-bills-to-ban-hedge-funds-from-single-family-housing-market/

Sorry you don’t remember, but, I posted about this story a number of times here at DU - about Blackstone and Steve Schwarzman, and about this bill in 2023, 2024, and 2025.

Biden to target ‘rent gouging' landlords, as high housing costs factor into 2024 race
https://www.nbcchicago.com/news/business/money-report/biden-to-target-rent-gouging-landlords-as-high-housing-costs-factor-into-2024-race/3386516/

Biden calls on Congress to crack down on large rent hikes by corporate landlords
https://www.reuters.com/world/us/biden-calls-congress-crack-down-large-rent-hikes-by-corporate-landlords-2024-07-16/

Targeting Corporate Landlords, Biden to Unveil National Rent Control Plan
https://www.commondreams.org/news/rent-control

He had just added the affordable housing issue to his campaign when the rug was pulled. Warren had been behind many of Biden’s economic moves during his term. I am sure it would have been fleshed out over the course of the campaign, had it continued.

Getting the media to cover Dem moves on economic issues is always like pulling teeth.

because they then jack up the rents once they get enough penetration in a given area, using software in monopolistic fashion to make sure everyone jacks them at the same time. If you disallow that, the investors will stop seeing it a cash cow.

So, these two things are intimately tied. And Democrats were probably working an angle (rent controls) that had some chance of withstanding court challenges, because they were serious about doing something. However, I'd bet money that Trump's "efforts" will fail, because he doesn't actually care about doing this the right way and is purposefully choosing an angle that will fail. He just wants it look like he's doing something that a lot of public will see as "good". And when the courts say "you can't do this" he'll go "oops, oh well, I tried" if he even admits he failed, and the lapdog media won't broach the subject of the failure unless he does.

to get contributions to his presidential library. Or golden gifts. He will oppose it after money gets to his coffers.

like with all his other grandstanding, the devil is in the details

Work with congress to pass legislation.

He might sign an EO, but actually write a bill and push it through Congress. Trump? We all know he has done that exactly never. His legislative accomplishments are essentially few and far between.

make those bastards sell for what they bought it for.

But, if we did it the push back from banks would have been nuclear. So let him do us a favor so we don't have to.

somebody got him to have this good idea, we need to leave whoever it is alone.

actually, this is one of those things he will never do but say he did.

"i made housing affordable again"