Housing - Just One more Executive Order from Trump & Elon and the Housing Issues could be solved in One Day!

No one seems to know what to do about housing these days. Every pundit, politician, media personality has some sort of a theory about what might fix housing. They simply need to open their eyes, there is an easy fix...

The increased presence of large corporate entities in the single-family housing market have destroyed the market for individual home buyers.

(please note: I am a business owner and very conservative; however, home ownership is critical to the future of our families & communities and we are allowing it to be destroyed)

One signed order from Trump & Elon and the Housing issues will be gone almost immediately.

For 100 years home ownership has been the bedrock of the American Dream, but today it is eroding and likely being eliminated by corporate buyers. Corporate America has set its sites on single family homes as a business vertical which has little to no competition, has real value with measurable long term capital gains, steady revenues, scalability, and is easy to raise money for.

First Time Home Buyers, Boomers, Gen X, Y and the elderly are all caught up in our current trap of individuals against Wall Street to simply by a home - this is wrong. Corporate America has plenty of commercial properties available to buy around the world - "simply stay out of single family homes."

AIRBNB & VRBO - yes, these organizations and others like them have also changed the dynamics of home ownership pricing by creating a new gig economy in housing and thus driving housing prices higher via potential rental revenue opportunties; however, this growing economic boom is consistently becoming constrained from HOAs, county/city prohibitions on STRs, and a glut of inventory due to the dynamics outlined above; thus small investors will have a difficult time finding ROI for their investments long term (and if necessary, the executive order can extend to a person or entity only being able to own a specified number of homes per zip code or county).

Just some quick highlights about this ever growing issue which can be solved almost immediately with one stroke of the Trump pen:

1. Reduced Housing Affordability:

• Increased Competition: Large corporations often have significant financial resources, allowing them to outbid individual homebuyers, particularly for entry-level homes. This drives up prices, making it harder for first-time buyers and lower-income families to purchase homes.
• Rental Rate Inflation: Corporate landlords, driven by profit maximization, may increase rental rates more aggressively than individual landlords. This can lead to affordability crises for renters, especially in already tight housing markets.

2. Diminished Homeownership Opportunities:

• Decreased Housing Stock: When corporations purchase large numbers of single-family homes, it reduces the available housing stock for potential homeowners. This can limit opportunities for building personal wealth through homeownership.
• Impact on Community Dynamics: Homeownership is often associated with greater community stability and civic engagement. A decrease in homeownership can erode these positive aspects of community life.

3. Potential for Neglected Maintenance and Reduced Responsiveness:

• Impersonal Landlord-Tenant Relationships: Large corporate landlords may have less personal connection to their properties and tenants compared to individual landlords. This can result in slower response times to maintenance requests and a less personalized tenant experience.
• Potential for Property Neglect: In some cases, corporate landlords may prioritize profit over property maintenance, leading to deteriorating housing conditions.

4. Impact on Neighborhood Character:

• Homogenization: Large corporations may renovate or standardize properties, leading to a homogenization of neighborhoods and a loss of unique architectural styles.
• Disruption of Social Networks: Increased rental rates and displacement can disrupt existing social networks and erode the sense of community.

5. Increased Evictions:

• Studies have shown that large corporate landlords are more likely to file evictions than smaller land lords. This can lead to increased instability for families.

It's important to note that the impact of corporate ownership varies by location and market conditions. However, these are some of the key concerns that arise from the increasing presence of institutional investors in the single-family housing market.