Trump Signs Order Targeting Institutional Housing Investors

Donald Trump

Photographer: Jim Lo Scalzo/EPA/Bloomberg

President Donald Trump signed an executive order Tuesday seeking to advance his effort to ban large institutional investors from buying single-family homes, before a trip to the World Economic Forum in Davos where he’s expected to lay out his efforts to address affordability concerns.

The executive order details a multi-part process designed to limit institutional home purchases, though stops short of immediately implementing new rules or regulations that would tie the hands of companies with significant housing portfolios.