January 7, 2026
Article from Yahoo Finance by Jake Conley
Article Synopsis
Blackstone shares dropped 5.6% after President Trump announced plans to push for a ban on institutional investors buying additional single-family homes, arguing that housing should serve people, not corporations. The proposal targets firms like Blackstone, which has built one of the nation’s largest rental housing portfolios in recent years, amid criticism that institutional buying has worsened housing shortages and driven up prices.
Blackstone disputes the impact, saying its home holdings represent a small fraction of the market and that it has been a net seller over the past decade. Trump is expected to expand on the policy at the upcoming Davos conference as part of a broader housing affordability agenda.
