At first glance, a good thing.
At second glance, this is trump so it’s guaranteed something bad that will make his buddies rich and will fuck over the poor somehow
Trump always has half a solution…but it’s just for the political kick from the announcement and has no policy follow up.
If Trump wanted to actually do something he’d need to account the other half of a strategy and fund both parts: yes, monopolization or heavy ownership of homes should be banned. But that does nothing if you don’t deal with the cost of materials to build a home in the first place, for example.
Depending very much on how or if this gets implemented, this might be quite possibly the only useful thing Taco has done for most Americans.
Because of this, I doubt it will get done.
Like all his policies this is just going to be another bribery lever he can pull to milk money for himself.
Stocks of these firms have dropped. Trump and friends will now buy up the stocks. Then the statement will be rolled back, the policy will never be implemented, and Trump and friends will sell the climb.
Typical grifting and corruption in America these days.
As much as I agree with this policy, I know it will never actually stick. Not only will he immediately walk it back once he gets the correct bribe from industry, but members of Congress on both sides would likely stand in unity to vote for some law to block this policy. I’m not anywhere close to a both sides person, but I haven’t heard very many Democrats asking for this type of law.
Democrat congressman or democrat voters? Because I hear this from every dem voter I’ve talked to.
this will never happen, this was just an announcement to force stocks in large real estate companies to dip so the insiders can make money.
And so some of the biggest real estate corporations in America pay him personally to make this go away. Just the same protection racket bullshit he did to Law firms and big tech companies. In the meantime, we get to watch conservatives suddenly start explaining why corporate landlords and Laissez-faire capitalism (but specifically for single family homes) are bad, without a single ounce of irony, until Trump gets his bribe money and they they can stop pretending they give a shit again. So that’ll be a thing.
Trump says lots of shit, and his actions rarely align with his words.
If it’s not a move to force them to sell, it’s just a moratorium on buying, they still get to sit on the dragon’s horde of homes they already have.
And it is not even that. It is just Trump blatantly and pathologically lying.
The fact that this is being reported as something Trump is definitely going to do, based on a single shitpost on his private social media platform, after all these years of knowing Trump and his lies, says a lot about US media.
The literal fucking Nepo-Baby-Landlord as a lifelong career saying this? I just don’t buy it.
Maybe he’ll force investors from countries less known for being white to sell and then expand the powers of the federal state to seize the assets he sees fit.
He is doing this to leverage Blackrock to cut him a slice of the corruption pie. Nothing to see here folks
This will probably go the same way as no tax on tips
Did the thugs at the Blackstone criminal gang decide to play hardball with the recent demand to increase the size of bribes?
Doubt
Nice proposal, but like Lucy Van Pelt and footballs, Trunp is not known for his integrity.
