Trump bans corporate purchase of single-family homes

Typical 90's Democrat policy.

I sold it for 18x my purchase price

18x? From statistics I see, homes went up in price about 10x. But 18x return of investment is great tho. trump needs to limit rich people from their increasing share of home ownership. the percentage of Americans who own homes are reducing, while number of homes owned by top 10% of society are rising rapidly. the rich create artificial inflation by buying a lot of market, causing shortages.

Trump thinks by raising the cost of homes he will be limiting immigrants from being able to afford them. His actions are just a warning of things to come as he makes home affordability even harder.

I will grant that occurs, and because it is mostly successful [ok, wealthy] contractors who build homes - and who else could? - that's no reason to reduce either their numbers or the wealth, else we result in severely reducing the market, or in making the market recklessly by less skilled contractors.

Canada has a ban on foreign corporations from buying residential property in Canada.

I think corporations and foreigners should be banned from owning single family homes. And individuals should be taxed progressively till it dont make sense to hoard

Trump is going a step further by wanting to annex Canada and Greenland. The law has to catch up with his greed.