Executive Order 14376: Stopping Wall Street From Competing With Main Street Homebuyers

What the order contains

Section headings exactly as they appear in the official text.

• Sec. 1. Purpose and Policy
• Sec. 2. Definitions
• Sec. 3. Restrictions on the Sale of Single-Family Homes by the Federal Government
• Sec. 4. Additional Measures to Combat Speculation in Single-Family Housing Markets by Large Institutional Investors
• Sec. 5. Legislation
• Sec. 6. Severability
• Sec. 7. General Provisions

Section 1, quoted from the order

Verbatim text from the signed document. These are the words of the document, not SaveYourState’s.

Buying and owning a home has long been considered the pinnacle of the American dream and a way for families to invest and build lifetime wealth. But because of the recent high inflation and interest rates caused by the previous administration, that American dream has been increasingly out of reach for too many of our citizens, especially first-time homebuyers. At the same time, a growing share of single-family homes, often concentrated in certain communities, have been purchased by large Wall Street investors, crowding out families seeking to buy homes. Hardworking young families cannot effectively compete for starter homes with Wall Street firms and their vast resources. Neighborhoods and communities once controlled by middle-class American families are now run by faraway corporate interests. People live in homes, not corporations. […]