Trump Smashes Wall Street's Home Buying Machine—Real Estate Stocks Crater
Benzinga·2026-01-08 05:15
On Wednesday, President Donald Trump said he would take steps to ban large institutional investors from buying single-family homes. Real estate-related stocks reacted sharply downward. BX stock dropped. See the chart and price action here. Trump expressed his view on homeownership and “the American Dream” in a post on Truth Social. "For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now … that A ...