BOOM: Senate Votes to Block Private Equity from Buying Homes

Until the Iran war, the main political pressure on President Donald Trump was high prices, particularly on housing and food. So earlier this year, he announced an executive order on a popular policy - banning Wall Street investors from controlling housing. “I am immediately taking steps to ban large institutional investors from buying more single-family homes,” he said, “and I will be calling on Congress to codify it.” I didn’t believe Trump was serious, because he’s generally talked a big game ...