Trump Offers Tepid Apology to Corporate Landlords He’s Targeting

Homes in Hercules, California.

Photographer: David Paul Morris/Bloomberg

President Donald Trump took aim at single-family landlords during a speech at the World Economic Forum in Davos, promising to prevent the US from becoming a nation of renters even as he apologized to investors in the properties.

“Many of you are good friends of mine,” Trump said Wednesday. “Many of you are supporters. Sorry to do this to you. I’m so sorry. But you’ve driven up housing prices by purchasing hundreds of thousands of single-family homes.”