GREAT MOVE BY POTUS Soon, I’ll be releasing a housing plan. Part of my plan calls for no more hedge funds or financial institutions buying up single-family homes. This move by @realDonaldTrump is NECESSARY and should be applauded. LET’S TALK MA: In 2021, business entities purchased nearly 6,600 single-family homes in MA - about 9% of all single-family sales. This rate is double what it was in 2012.  Between 2004 and 2018, investor activity in Greater Boston grew from 16% to 23% of ALL residential sales. But by outbidding ordinary people - the price increases impact ALL sales. Furthermore, cash is king and institutional and large investors are 3X more likely than traditional buyers to pay in cash - which allows them to outbid families even when their offers are lower. THE RESULT: In 2012, a young couple in Springfield or Quincy was competing against other families. Today, they are competing against $5.6 billion in corporate cash. These aren't just landlords - these are financial entities that treat your neighborhood like a stock portfolio. When a hedge fund buys a starter home to flip it for an 85% profit - they aren't just making money - they’re stealing the American Dream from a MA family. I wholeheartedly support this move by President Trump.(John E Deaton)