January 7, 2026

Trump Seeks To Ban Institutional Investors From Buying Houses

As featured in “Bisnow”
Ryan Wangman, Bisnow, 7 January, 2026

Jeff Holzmann, COO of RREAF Holdings, was recently featured in Bisnow, where he discussed the Trump administrations movement to ban Wall Street Firms from buying up single-family homes in a bid to reduce home prices. To read an excerpt from the article, including Jeff’s comments, please see below.

Rental housing economist Jay Parsons said in a social media post that the root issue behind unaffordable housing is a lack of supply and that a potential ban wouldn’t solve the problem.

“It is disappointing because it’s in no way grounded in reality and will in no way improve housing affordability or availability,” he said in the post. “Everyone wants someone to blame, a boogeyman. And ‘Wall Street’ makes for a convenient target for people across both political parties.”

Jeff Holzmann, chief operating officer of RREAF Holdings, a Dallas-based real estate investment firm with more than $5B in assets, told Bisnow in an email that the president is acting on an issue that most real estate professionals have known about for a long time.

“When a large number of homes (and sometimes apartments) are bought up by a single investor, they are essentially ‘commoditized’ and treated as a product coming off a production line,” Holzmann said. “Quality and prices are set to match corporate budgets which drives up prices by competing with regular families trying to save up towards buying a home.”

The U.S. government has explored steps to regulate large single-family rental firms in the past.

In the final days of President Joe Biden‘s term in 2025, former Federal Trade Commission Chair Lina Khan sought to probe more than 30 firms that each own at least 1,000 rental units to determine their impact on the market. It is unclear if those efforts persisted during the Trump administration.

Democrats in Congress also introduced a bill in 2023 aimed at forcing institutional investors to sell off single-family homes, titled the End Hedge Fund Control of American Homes Act of 2023, but it stalled in Congress.

We appreciate and thank Bisnow, especially Ryan Wangman, for the opportunity to speak on the most recent Trump administration policy to ban Wall Street Firms from buying up single-family homes. To access the full article on Bisnow, please click here.