The cost of real estate in America is quite high . . . at least in popular areas of the nation. Certainly it is foreseeable that it would be in popular areas. There's more competition for ownership there. But the values seem higher than they should be, disproportionately so when looking at average earnings in those same areas. Some of that can be attributed to the increased demand caused by the liberal-enabled invasion by impatient foreigners. Still, some can also be attributed to REITs and other institutional investors amassing substantial holdings of rental properties and single-family dwellings in particular. With the voluntary exodus of some illegals beginning to relieve pressure on that market, and the ICE-forced deportation of others adding to that total, the demand for rentals is beginning to decline. More affordable rentals will reduce the incentive for single family homes to be held long term by institutional investors, and free them up for purchase at reduced prices. Likely, those investors will dispose of holdings in the areas vacated by illegals and seek other areas in which to similarly invest their liberated funds. President Trump signed an executive order nearly 3 weeks ago that bans large institutional investors from buying more single-family homes. Further, he's pressing Congress to permanently legislate that restriction. Both actions, purging illegal residency, and limiting the institutional accumulation of single family homes for investment, will do more to allow home prices to find an organic equilibrium. Ain't it funny how when Trump does something that helps The American People the Left fails to acknowledge it? Nothing but complaints from liberals about Trump . . . ever.
I hadn’t realized until recently the impact that institutional investment had on the housing market. I have a disdain for any venture the Fed meddles in because their track record in meddling is abysmal. But this does appear to be a positive step in making the American dream affordable for young families again and I will support that. I was thirty when I bought my first home. It was 39k and may as well have been 39mm at the time. But I had my veteran home loan benefit that allowed me to get in without a down payment. It was tight but we made it work. I couldn’t imagine being a young family trying to get on my feet in 2026. These young families need the help. Yeah, as far as anything positive in regards to Trump? I stopped holding my breath. Certainly the man has done plenty to be critical of, but he has done mountains of good for this nation. The sheeples will only repeat what they have been preprogrammed to repeat. One can only hope future generations will recognize that.