Insights: Housing

Housing/Investment in Single Family Rentals (SFR)

President Trump has continued to escalate his push for legislation that would impose restrictions on institutional investment in single family rentals (SFR). He has made this his central response to housing affordability, as reflected in his State of the Union speech, and the White House has said he will not sign housing legislation without this...

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State of the Union

President Trump will deliver his State of the Union (SOTU) speech next Tuesday, 2/24, and if precedent holds, is likely to issue his FY27 budget request by ~mid-March. The annual budget request provides a more granular overview of the administration’s policy priorities, and along with the speech, influences how the President’s allies in Congress...

Institutional Investment in Single Family Rentals

The White House continues to highlight President Trump’s proposal to restrict institutional investment in single family rentals (SFR). This is reflected in his Executive Order (EO) on the issue, ongoing mentioning of the issue, and issuance of a Statement of Administration Policy (SAP) that criticized the House-passed Housing for the 21st Century...

Trump Housing Agenda

Both the Trump administration and Congress continue to take steps to address concerns about housing affordability. This week, the House passed legislation (Housing for the 21st Century Act) on a close to unanimous (390-9) basis that takes modest steps to address housing supply (e.g., incenting local zoning reform, expanding financing for...

Trump Housing Agenda

Secretary Bessent, FHFA Director Pulte and other administration officials had been setting expectations that President Trump’s housing agenda would be announced in/around his speech in Davos this week. His speech referenced his previously announced call for the GSEs to purchase $200b in MBS and his proposed “ban” on institutional investors owning...

Housing Affordability Initiatives

The White House has recognized that President Trump’s approval rating on the economy has notably deteriorated and that they need to take actions to address voter concern about affordability in order for Republicans to avoid significant losses in the midterm elections. Housing is among the areas the White House has targeted, with NEC Director...