Trump Bid to Ban Corporate Homebuying Blindsides Wall Street
Market Intelligence Analysis
AI-PoweredThe proposed ban on corporate homebuying by Trump has caught Wall Street off guard, particularly affecting companies like Blackstone Inc. and Pretium that have invested heavily in single-family rentals.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
The time of the corporate landlord as America’s housing villain was supposed to be over. Money managers like Blackstone Inc. and Pretium who binged on single-family rentals in the wake of the financial crisis took blow after blow as housing prices shot up. But the cohort has since cooled its buying, and the attacks slowed. Bloomberg's Jeffrey Langbaum joins to discuss. (Source: Bloomberg)
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