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TRUMP Treasury Official WARNS: Corporate Home Buying Restrictions Make Him 'Nervous'

Gary FranchiFebruary 27, 202689 views
TRUMP Treasury Official WARNS: Corporate Home Buying Restrictions Make Him 'Nervous'
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A former Trump administration Treasury official is sounding the alarm about government restrictions on corporate home purchases, warning that such heavy-handed interventions could backfire on American families struggling with the housing crisis.

Michael Faulkender, who served as Deputy Treasury Secretary under President Trump's first term, told Fox Business Network's "The Bottom Line" on Thursday that proposals to restrict companies from buying homes make him "pretty nervous."

While many frustrated Americans blame corporate investors for driving up home prices and squeezing out regular families, Faulkender argues the government is targeting the wrong problem entirely.

"The key is to increase supply," Faulkender emphasized, pointing to the real culprit behind America's housing affordability crisis.

This puts a spotlight on a critical debate within conservative circles: Should the Trump administration use government power to restrict corporate home buying, or focus on free-market solutions that boost housing construction?

Faulkender's concerns reflect a deeper conservative principle - that government restrictions, even well-intentioned ones, often create unintended consequences that hurt the very people they're supposed to help.

The Real Housing Crisis Villains

While corporate investors make easy scapegoats, the true enemies of affordable housing are the bureaucratic red tape, endless environmental reviews, and local zoning restrictions that strangle new construction across America.

For decades, liberal-controlled cities have made it nearly impossible to build new homes through crushing regulations and NIMBY policies. Now some want to solve the problem they created with even more government intervention.

Patriots know that unleashing American builders and developers - not restricting buyers - is the path to housing abundance that benefits working families.

The Trump-Vance administration faces a choice: Will they embrace big government solutions that make bureaucrats feel good, or stick to proven free-market principles that actually work?

What do you think - should government restrict who can buy homes, or focus on removing the barriers that prevent Americans from building them?

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Gary Franchi

Award-winning journalist covering breaking news, politics & culture for Next News Network.

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R
RealEstateRealistVerified1 hours ago
What specific restrictions are they proposing? Are we talking about a complete ban or just limitations on certain areas? The devil is always in the details with these policies.
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PolicyWonkVerifiedjust now
From what I've read, it varies by state but some want to ban corporate ownership of single-family homes entirely.
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EconomyWatcherVerifiedjust now
This Treasury official understands that artificial market restrictions create unintended consequences. Look at rent control in NYC - same principle applies here.
M
MidwestMomVerifiedjust now
We sold our rental property to a corporate buyer last year and got 20% above asking price. These restrictions would have cost us thousands and helped nobody.
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ConservativeVoter88Verifiedjust now
Smart man - he sees the bigger picture here.
T
TexasHomeownerVerifiedjust now
I'm torn on this one. Corporate buyers did drive up prices in my neighborhood by 40% in two years, but I also don't want the government picking winners and losers in the housing market.
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SmallGovAdvocateVerifiedjust now
Government interference in private property transactions is a slippery slope. Today it's corporations, tomorrow it could be anyone they don't like buying homes.
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PatriotMike2024Verifiedjust now
Finally someone with common sense! These restrictions sound good on paper but will just create more government overreach and hurt the market.
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FreeMarketFanVerifiedjust now
Exactly! The free market should decide, not bureaucrats in Washington.