It was not immediately clear what legal authority Trump would draw upon to impose such a ban on the private market purchases of houses. Trump did not detail the policy, the form it would take or the legal changes he was seeking from Congress.
The White House did not immediately respond to a request for comment. The U.S. president was due to sign unspecified executive orders later on Wednesday.
Anyways, I thought that issues with Americans being able to afford things like housing was all a hoax made up by Democrats?
Why craft policies to address a made up issue?
because he doesn't run mid-terms - states do. He's desperate.
It's extremely likely that the president doesn't have that power. He can disallow corporations from buying houses on a whim? I don't think so. But PR goodness has already been coming his way from the policy if there is any.