… present in the United States, which he has done at a record pace, which has led to the falling of rents, as I pointed out in my opening remarks. Secondly, The President has recently announced that he is fighting for a ban on institutional investors in Wall Street, billionaire corporations from buying up single family homes. that should be lived in, in his opinion, by American families. We know this is going to have a remarkable impact on the housing market and on prices and supply and demand for the American consumer and the American family. (1:23:35–1:23:47)
CLAIM
Asserts that the president is advocating for a ban on institutional investors buying single-family homes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.