Trump and Newsom Target Wall Street Homebuyers as Indiana City Caps Investor Rentals
President Trump and California Gov. Gavin Newsom have both targeted Wall Street-backed landlords and homebuyers as part of a broader political focus on big investors in the housing market. At the same time, an Indiana city has moved to curb investor influence by capping the number or share of rental properties that can be owned by investors.
đ Key Facts
- President Trump recently said on social media he wants to ban large institutional investors from buying more single-family homes to lower housing costs.
- Fishers, Indiana enacted an ordinance, effective Jan. 1, 2026, capping rentals at 10% of homes in each neighborhood after internal data showed investor ownership as high as 35â38% in some areas.
- California Gov. Gavin Newsom has publicly aligned with Trump in pledging to curb large institutional buying of houses, while realtor groups argue such caps violate property rights and economists say institutional investors are not the sole cause of high prices.
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February 03, 2026
January 20, 2026