Trump says U.S. to ban large investors from buying homes

[jmowreader]

30. Two comments follow

Comment 1: Trump didn't write that. We know that.

Comment 2: If you want to know how the government creates jobs in the private sector, look no further than "Trump's" post. If this comes to fruition, which I doubt it will - the people who buy up single-family homes donate heavily to Republicans - two new industries will pop up.

The first will be financial advisors who, for enough of a fee, will structure your business so it can continue to buy single family homes without alerting the government.

The second will be lawyers pointing out two things to courts: that since any other kind of housing can freely be bought by institutional investors restricting single-family detached housing from institutional investment is discriminatory, and that it isn't "institutional investors" that are keeping people from being able to afford houses, but that houses have gotten way too expensive. In Coeur d'Alene, ID, anything that doesn't need to have the roof, wiring and plumbing replaced before you move in is at least $500k.