That's why I have signed an executive order banning large institutional investors from buying single family homes. It's just not fair to the public. They're not, they're not able to buy a house. And I'm calling on Congress to pass that ban into permanent law. And I think they will. One of the biggest barriers to saving for a down payment has been surging credit card debt. The profit margin for credit card companies now exceeds 50%, one of the biggest. (50:33–50:37)
CLAIM
Urges Congress to make the ban on institutional investors buying single-family homes permanent.
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