Start United States USA — Financial Blackstone Stock Nosedives As Trump Comes For Their Real Estate Cash Grab

Blackstone Stock Nosedives As Trump Comes For Their Real Estate Cash Grab

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President Donald Trump announced Wednesday that his administration is moving to ban major investors from buying up single-family homes in
President Donald Trump announced Wednesday that his administration is moving to ban major investors from buying up single-family homes in the US in an attempt to lower house prices.
Trump claimed in a Truth Social post that former President Joe Biden and congressional Democrats have caused “record high inflation,” which has caused the “American Dream” to become “increasingly out of reach for far too many people.”
“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, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans,” Trump wrote in the social media post.

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