Trump moves to block Wall Street from buying single-family homes in sweeping new executive order
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An executive order has been signed to restrict Wall Street firms from buying single-family homes, with the goal of potentially making housing more affordable. The senate has also passed a bill aimed at lowering housing costs and restricting large investors from buying homes, although the status of this legislation is unclear. The impact of these moves on the housing market and their progression through the legislative process are uncertain.
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