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GUVNER
GUVNER
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https://x.com/KobeissiLetter/status/2008958750338531461

BREAKING: President Trump says he is immediately taking steps to ban large institutional investors from buying single-family homes.

"People live in homes, not corporations," Trump says.


I'm sure Congress will find a way to screw up the idea.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Management Spike
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Good

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Old Mossy Horns
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That should bring home prices back down to earth.

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Puts sugar in his cornbread!
Puts sugar in his cornbread!
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Originally Posted by BPI
That should bring home prices back down to earth.
I doubt it.


It be's that way sometimes.

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GUVNER
GUVNER
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Originally Posted by jaredhunts
Originally Posted by BPI
That should bring home prices back down to earth.
I doubt it.

An army of lobbyists just booked plane tickets to Washington DC to keep that from happening.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Old Mossy Horns
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Originally Posted by Skinny
Originally Posted by jaredhunts
Originally Posted by BPI
That should bring home prices back down to earth.
I doubt it.

An army of lobbyists just booked plane tickets to Washington DC to keep that from happening.

That's how you know it absolutely needs to happen.

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GUVNER
GUVNER
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Blackstone stock (not Blackrock) just tanked on Trump's announcement. Buying up single family homes is the anchor of their business. https://x.com/KobeissiLetter/status/2008963052222468541


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Exactly. I hope he sinks them. Several big hedge funds are in it.

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Management Spike
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In my adult years I've learned to hate large corporate America in many ways. They are so intertwined with the evil and corruption of DC. Hopefully Trump will sink their sorry butts on this issue. Corporate home buying is so counter to the American dream.

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Freak of Nature
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One of the many reasons I'm not a laissez faire "libertarian".

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Freak of Nature
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Well that impacts my moving to GA/AL or SC plans. House prices may drop 30% over the next 3 months.


--------------
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Originally Posted by Beer Belly
Well that impacts my moving to GA/AL or SC plans. House prices may drop 30% over the next 3 months.

They won't drop any in 3 months beers

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GUVNER
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Originally Posted by Remington270
Originally Posted by Beer Belly
Well that impacts my moving to GA/AL or SC plans. House prices may drop 30% over the next 3 months.

They won't drop any in 3 months beers

It wont drop at all. Trump is asking congress to get involved so it will really just lock in high prices with a government mandate.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
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10 point
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Originally Posted by Skinny
Blackstone stock (not Blackrock) just tanked on Trump's announcement. Buying up single family homes is the anchor of their business. https://x.com/KobeissiLetter/status/2008963052222468541



My stock tip.....buy the hell out of whatever this is......hell change his mind tomorrow and it will go right back up!

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14 point
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That would be great but I am sure that Congress will be lobbied hard by the likes of BlackRock to pass something to legalize it.


�Because a well regulated Militia is necessary to
the security of a free State, the right of the people to keep
and bear Arms shall not be infringed.�

-Justice Scalia, June 26, 2008

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Old Mossy Horns
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Not sure he has the power to be unilaterally making those calls. I don't think it would be a bad thing at all. But he's likely not got that power. I'm not a fan of the power of executive orders on businesses or everyday life in America.

Against foreign powers, sure. Pardons, sure. But I've never been a fan of that power regardless of what the sitting presidents choose to do with it. It should go through congress, where I prefer gridlock if possible.

But I can't argue it's a problem. I'm neck deep in that industry and see the damage it causes.

I'd much rather put a squash on foreign countries owning American property of any sort. Most countries don't allow non-citizens to own land and many don't even allow non-citizens to have jobs if their citizens can fill those jobs.

We need to be doing the same.

Last edited by Fattyfireplug; 01/07/26 03:27 PM.

Character is not developed in moments of temptation and trial. That is when it is intended to be used.
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Originally Posted by RidgeRanger
In my adult years I've learned to hate large corporate America in many ways. They are so intertwined with the evil and corruption of DC. Hopefully Trump will sink their sorry butts on this issue. Corporate home buying is so counter to the American dream.
Most of it isn’t your America corporate at all… it is Foreign Corporate

Last edited by Ridge Life; 01/07/26 03:48 PM.
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Originally Posted by Remington270
Originally Posted by Beer Belly
Well that impacts my moving to GA/AL or SC plans. House prices may drop 30% over the next 3 months.

They won't drop any in 3 months beers

They've already dropped some in the last couple of months.

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Old Mossy Horns
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It’s concerning how much the age has increased on first time home buyers age.

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GUVNER
GUVNER
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Originally Posted by AU7MM08
It’s concerning how much the age has increased on first time home buyers age.

That is the big concern. Its 40 for the average first time home buyer.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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