SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: bustersmith1/9/2026 7:32:52 PM
1 Recommendation

Recommended By
rdkflorida2

   of 359748
 
When your a moron you steal others ideas... Stop institutional investors from buying homes Biden said...

The statement refers to claims made by Chuck Schumer and other Senate Democrats that Republicans in the Senate blocked a bill they introduced in 2023 which aimed to limit institutional investors from purchasing single-family homes.
Here is a summary of the situation:
  • Biden Administration's Position: The Biden administration has taken steps to encourage owner-occupants and non-profits to purchase government-insured and owned properties, for example, by implementing "First Look" programs. In 2023, President Biden also proposed legislation to levy hefty taxes on private equity firms investing in the single-family housing market.
  • Democratic Legislative Efforts: In 2023, a group of Democratic lawmakers, including Senator Jeff Merkley and Representative Adam Smith, introduced the "End Hedge Fund Control of American Homes Act". This bill aimed to force hedge funds to sell off their single-family homes over a ten-year period and ban future purchases.
  • Republican Opposition: According to Senate Minority Leader Chuck Schumer and other Democrats, this proposed legislation did not advance in the Senate because it was blocked by Republicans.
  • Current Developments: The issue gained recent prominence when President Donald Trump announced in January 2026 his own plan to ban large institutional investors from buying single-family homes and called on Congress to codify it. In response, Democrats reiterated that they had previously tried to pass similar legislation that was blocked by Republicans.

While there were efforts by Democrats to address the issue through legislation during the Biden presidency, it faced political opposition, and no such ban was enacted into law at that time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News