Democrats are rolling out a housing proposal that directly challenges President Donald Trump’s plan to curb large institutional ownership of single-family homes. The Democratic bill, led by Sen. Elizabeth Warren, would strip tax advantages from corporations that own more than 50 single-family rental homes.
Affected firms would lose depreciation and mortgage interest deductions and be barred from federally backed mortgages. Limited exemptions would apply to companies building new multifamily housing or restoring unlivable properties.
Democrats counter Trump's proposal to limit institutional housing investors https://t.co/MDFrQyqQwl
— CNBC (@CNBC) February 24, 2026
The Trump administration has proposed a different approach, calling for a ban on institutional investors owning more than 100 single-family homes from purchasing additional properties, with carve-outs for companies that expand housing supply.
The competing plans come as Congress moves closer to passing bipartisan legislation aimed at boosting housing supply and affordability.
Lawmakers are now working to merge House and Senate measures into a final package, setting up a broader debate over how aggressively Washington should rein in corporate landlords.
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