- cross-posted to:
- politics@sh.itjust.works
- cross-posted to:
- politics@sh.itjust.works
This is a week old, but it flew under my radar. Even a broken clock, usw.
Donald Trump said his administration was moving to ban large institutional investors from buying single-family homes in a bid to reduce home prices.
In a post on Truth Social, his social media platform, the US president said he will be asking Congress to codify the measure and will be discussing additional housing and affordability proposals in a speech at the Davos World Economic Forum.
Trump capitalized on concerns around affordability during the 2024 presidential election campaign, pledging to rapidly reduce the cost of living for millions of Americans.
Since he returned to power a year ago, however, concerns around prices and affordability have persisted as inflation remained stubbornly above typical levels. ICE officers on wintry street next to car with driver’s door open
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He clearly misspoke: “He’ll ban single families from buying away Houses from institutional investors.”
Ah yes, the evergreen claim of being about to unveil his
HealthcareHousing Plan!He has concepts of a plan.
Lol. Black rock bribe machine go brrrrrrrrh.
In some ways, it’s nice to see capitalism finally drop the mask and admit “we’re only here to fuck you all.”
seems like that is how Trump demands bribes
yep lol. Either this is a bribe scheme, or Dementia Don forgot his message.
He says a lot of shit but nothing is codified in law until congress makes it
It’s cute you think Congress is still relevant.
only to the shareholders, lol
Hey, there’s some good money in insider trading.
Trump in another week: “did I say that?”
Yeah we’ll hear more about it “in 2 weeks”
Get into the business of subdividing homes into multi unit condominiums now. Corporations will buy up every one of them.
The cost of living is due to criminal extraction of wealth through worthless mismanaged banking. That criminally inflated cost is why western countries are not labor competitive. Banking in its present form is privateer piracy.
