Will Trump's proposal to ban large institutional investors from buying single family homes reduce housing prices.His statement "People live in homes, not corporations" sounds good on the surface. The housing affordability crisis was caused by:1. The Federal Reserve reduced interest rates too low for too long. This created an asset bubble. 2. Many homeowners/real estate investors have significant appreciation subject to capital gains if they sell.3. Many homeowners are "locked in" with historical low mortgage interest rates.4. Shortage of single family homes.When the government tries to solve a problem it typically creates another unintended problem. The solution is not to ban a class of investors. The best solution is for the government to get out of the way.If the government really wants to improve housing affordability they should:1. Reduce taxes, fees, zoning rules, and delays for home builders who build affordable single family homes. This will increase inventory.2. Offer a capital gains tax holiday for homes owned for 5-10+ years. Many homes would become available.

<div><span style="font-family: arial, sans-serif;">Will Trump's proposal to ban large institutional investors from buying single family homes reduce housing prices.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">His statement "People live in homes, not corporations" sounds good on the surface. </span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">The housing affordability crisis was caused by:</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">1. The Federal Reserve reduced interest rates too low for too long. This created an asset bubble. </span></div> <div> <div><span style="font-family: arial, sans-serif;">2. Many homeowners/real estate investors have significant appreciation subject to capital gains if they sell.</span></div> </div> <div><span style="font-family: arial, sans-serif;">3. Many homeowners are "locked in" with historical low mortgage interest rates.</span></div> <div><span style="font-family: arial, sans-serif;">4. Shortage of single family homes.</span></div> <div> </div> <div><span style="font-family: arial, sans-serif;">When the government tries to solve a problem it typically creates another unintended problem. The solution is not to ban a class of investors. The best solution is for the government to get out of the way.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">If the government really wants to improve housing affordability they should:</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">1. Reduce taxes, fees, zoning rules, and delays for home builders who build affordable single family homes. This will increase inventory.</span></div> <div>2. Offer a capital gains tax holiday for homes owned for 5-10+ years. Many homes would become available.</div>

If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.

<p>If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.</p>