Wealthy Families Might Get Caught in Trump's Housing Ban

Trump's new plan to stop big investors from buying homes could accidentally affect wealthy families. The rule is aimed at big companies, but family offices might be swept up too. These offices manage money for rich families and often invest in real estate. About 75% of family offices in North America put money into real estate. On average, they invest 18% of their money in properties. A big chunk of this goes into homes. The exact impact of Trump's plan depends on how they define a "large institutional investor. " This definition is still unclear. In the past, the focus has been on the number of homes owned, not the total money or strategy. A recent report looked at investors with over 1, 000 small properties. Some laws even target those with just 50 homes. This could include many wealthy families who made their money in real estate.Family offices usually prefer big buildings and commercial projects. But some, especially in the South, have many single-family homes. The structure of family offices varies widely. They are not legal entities like corporations or LLCs. This makes it hard to predict how the ban will affect them. Experts say family offices might not be the main target right now. The focus is on big Wall Street investors. But it's unclear if the rules will expand to include others. The first step is crucial. It needs support and momentum. Will it fade away, or will the administration keep pushing it? Only time will tell.