Trump Davos Housing Speech Touts $200B MortgageâBond Purchases and Proposed Ban on Large SingleâFamily Home Investors
6d
Developing
13
At Davos, Trump outlined a housing-affordability package that would bar large institutional investors from future purchases of existing singleâfamily homes (while excluding new construction and not forcing current owners to sell) and direct the federal government to buy $200 billion in mortgage bonds to try to lower borrowing costs. Experts caution the investor ban would touch a small share of stock (large owners hold roughly 1% of singleâfamily homes), that core supply problems (zoning, land costs and underbuilding) are largely unaddressed, and that cheaper mortgages could boost demand and prices â with estimates suggesting bond buying would only modestly lower rates and many implementation details remain unclear.
Donald Trump
Housing and Real Estate Policy
Financial Markets and REITs
Mamdani tenantâprotection chiefâs 2021 podcast: âWhite, middle-class homeowners are a huge problemâ and homeownership must be âunderminedâ
Jan 15
Developing
3
Cea Weaver, appointed Jan. 1 by Mayor Mamdani to lead the revived Mayorâs Office to Protect Tenants, is facing renewed scrutiny after a September 2021 "Bad Faith" podcast in which she said "White, middle-class homeowners are a huge problem" for the renter-justice movement and argued homeownership should be "undermined" to provide stability in other ways. She also deleted a 2019 X post calling private propertyâespecially homeownershipâ"a weapon of White supremacy," and has since told Spectrum News NY1 she regrets "some" of her past rhetoric while saying she will focus on addressing racial inequalities and ensuring safe, affordable housing; former Mayor Eric Adams publicly condemned her language.
Zohran Mamdani Administration
Housing and Tenant Policy
DEI and Race