Trump Opposes Corporate Greed, Except When It's His Own
The Financial Times highlights Trump's proposed ban on institutional investors buying single-family homes, targeting firms like Blackstone. This, from the same man whose business model relies on large-scale property accumulation and market leverage. For decades, Trump Organization's strategy mirrored the very institutional behavior now declared an evil, from residential properties to commercial
ventures. One might wonder where this sudden concern for the average homeowner was during his previous term, or indeed, during his entire career. It appears the 'drain the swamp' rhetoric now extends to segments of the real estate market, yet conveniently bypasses the historical actions of figures like himself. It’s not about addressing the root causes of housing unaffordability—like stagnating
wages or deregulation—it's about optics, painting himself as the savior from a problem his ilk helped create. Truly, a masterclass in deflection.