{"id":8992,"date":"2026-01-07T19:49:37","date_gmt":"2026-01-07T19:49:37","guid":{"rendered":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2026\/01\/07\/blackstone-stock-sinks-after-trump-plans-steps-to-ban-institutional-investors-from-buying-single-family-homes-yahoo-finance\/"},"modified":"2026-01-07T19:49:37","modified_gmt":"2026-01-07T19:49:37","slug":"blackstone-stock-sinks-after-trump-plans-steps-to-ban-institutional-investors-from-buying-single-family-homes-yahoo-finance","status":"publish","type":"post","link":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2026\/01\/07\/blackstone-stock-sinks-after-trump-plans-steps-to-ban-institutional-investors-from-buying-single-family-homes-yahoo-finance\/","title":{"rendered":"Blackstone stock sinks after Trump plans steps to ban institutional investors from buying single-family homes – Yahoo Finance"},"content":{"rendered":"
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\"Jake <\/a><\/p>\n

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Jake Conley <\/a> \u00b7<\/span> Breaking Business News Reporter<\/p>\n

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Blackstone (BX<\/a>) stock fell as much as 5% in midday trading on Wednesday after President Trump said in a Truth Social post that he will be “taking steps to ban institutional investors<\/a> from buying more single-family homes.”<\/p>\n

In his post, Trump said he would be calling on Congress to codify a ban on the practice, writing that “people live in homes, not corporations.”<\/p>\n

“For a very long time, buying and owning a home was considered the pinnacle of the American Dream,” Trump said. “That American Dream is increasingly out of reach for far too many people, especially younger Americans.”<\/p>\n

Blackstone, the asset management giant that manages more than $1 trillion, has spent the past few years building one of the largest rental housing portfolios in the country<\/a>, buying hundreds of thousands of single-family homes and apartments.<\/p>\n

Read more: <\/em>8 strategies for getting the lowest mortgage rates<\/em><\/a><\/p>\n

Blackstone told CNBC in August that it owns “less than 1% of the housing available” in each market where the asset manager operates. The company often renovates and then relists properties.<\/p>\n

Critics of the firm have accused Blackstone of buying up homes en masse in what is already a thinly stretched housing market, reducing availability and pushing prices higher.<\/p>\n

Trump said in his post that he would discuss the topic further, along with other housing and affordability-related proposals, at his upcoming speech at the Davos conference near the end of January.<\/p>\n

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\"FILE<\/p>\n<\/div>

Blackstone has spent the past few years building one of the largest rental housing portfolios in the country, buying hundreds of thousands of single-family homes and apartments. (Reuters\/Mike Segar\/File Photo) \u00b7<\/span> Reuters \/ Reuters<\/span><\/figcaption><\/figure>\n

Jake Conley is a breaking news reporter covering US equities for Yahoo Finance. Follow him on X at @byjakeconley or email him at <\/em>jake.co<\/em><\/a>nley@yahooinc.com<\/em><\/a>.<\/p>\n

Sign up for the Mind Your Money newsletter<\/strong><\/a><\/p>\n

Click here for the latest personal finance news to help you with investing, paying off debt, buying a home, retirement, and more<\/strong><\/a><\/p>\n

Read the latest financial and business news from Yahoo <\/strong><\/a>Finance<\/strong><\/a><\/p>\n<\/p><\/div>\n<\/div>\n

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    Jake Conley \u00b7 Breaking Business News Reporter Wed, January 7, 2026 at 1:45 PM EST 1 min read Blackstone (BX) stock fell as much as 5% in midday trading on Wednesday after President Trump said in a Truth Social post that he will be “taking steps to ban institutional investors from buying more single-family homes.” […]<\/p>\n","protected":false},"author":1,"featured_media":8993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts\/8992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/comments?post=8992"}],"version-history":[{"count":0,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts\/8992\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/media\/8993"}],"wp:attachment":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/media?parent=8992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/categories?post=8992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/tags?post=8992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}