Housing Head Supports Trump's Plan to Limit Investor Home Buys

A top housing official has praised President Donald Trump's recent proposal to prevent large investors from purchasing single-family homes. Bill Pulte, who leads the Federal Housing Finance Agency, believes this move could revive the housing market, which he claims has suffered under the previous administration. Pulte argues that corporations have been buying up homes at lower prices, making it harder for regular people to afford a place to live. He thinks this practice has gone on for too long and that homes should be for people to live in, not for companies to own. Trump has been vocal about this issue, calling out Wall Street landlords and urging Congress to support this policy change.The housing director also pointed out that while some Democrats have talked about this problem, they haven't taken action. He believes Trump is making a strong effort to make homeownership more accessible, something he says was neglected during former President Joe Biden's term. Pulte highlights Trump's background in real estate as an advantage. He thinks Trump understands how to keep home prices stable while also making homes more affordable for everyday Americans. This proposal aims to address the growing concern that large investors are driving up prices and reducing the availability of homes for regular buyers.