Build\u2011to\u2011rent projects have received a special carve\u2011out in Donald Trump\u2019s new executive order restricting large institutional investors from buying single\u2011family homes from individual homeowners. According to the White House, the exemption was granted because the projects do not compete with first\u2011time buyers and therefore fall outside the scope of the new restrictions.<\/p>\n\n\n\n
Trump signed the order overnight, with officials arguing it will make housing more affordable by curbing Wall Street activity in the single\u2011family market. At the same time, the administration also revealed that the new measures are designed to prevent large investors from outbidding individual families for entry\u2011level homes.<\/p>\n\n\n\n
\u201cMy Administration will take decisive action to stop Wall Street from treating America\u2019s neighbourhoods like a trading floor and empower American families to own their homes,\u201d the order reads<\/a>. \u201cBuying and owning a home has long been considered the pinnacle of the American dream and a way for families to invest and build lifetime wealth.\u201d<\/p>\n\n\n\n