Stopping Wall Street From Competing With Main Street Homebuyers

This EO sets a policy that large institutional investors should not buy single-family homes that could otherwise be purchased by families. It directs Treasury to define key terms, requires major housing-related agencies to issue guidance limiting federal facilitation or disposition of homes to such investors (with narrow build-to-rent exceptions), increases antitrust and disclosure scrutiny of investor acquisitions and rental practices, and calls for legislation to codify the policy.

• Agriculture
• HUD
• VA
• GSA
• Federal Housing Finance Agency

Immediate; 30 days; 60 days.

None.

No known legal challenges.