Trump Investor Ban Adds Twist to Capitol Hill Housing Talks

One of President Donald Trump’s marquee affordability ideas – preventing institutional investors from buying up homes – is complicating talks on federal housing legislation, creating new fault lines around a bipartisan bill even as the White House pushes for quick passage.

The Senate on Monday voted 84-6 to clear a procedural hurdle for a housing package with a new provision barring investors that own more than 350 houses from purchasing additional single-family homes – an idea Trump touted in his State of the Union address last month in an attempt to assuage voters’ affordability concerns ahead of midterm elections. ...