Anyone remember the World Economic Forum’s (WEF) “Great Reset,” where the phrase, “You will own nothing and be happy,” was coined? While the elites have plotted this takeover behind the scenes for decades, in 2016, they were brazen enough to declare it publicly, among a host of other “predictions” on what the world would be like in 2030.
Then Donald Trump decided to run for the presidency in 2016 and won. This upended WEF’s plots and prognostications BIGLY. Despite Trump controversially losing the presidency in 2020, he won again in 2024. Now we are four years away from 2030, and in President Donald Trump’s 2026 speech at the World Economic Forum, he has proclaimed to these same elites, “YOU will own nothing, and Americans will be happy.”
More Davos Coverage: Commerce Secretary Goes Full MAGA, Tells Davos Elites Globalization Failed America: ‘Done Exporting Jobs‘
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Trump laid down the gauntlet on a number of his agenda items, but in the area of American home ownership, he was direct and bullish. He said:
Home ownership has always been a symbol of health and vigor of American society. But that goal fell out of reach for millions and millions of people in the Biden era because interest rates went up so high. Today, I’m taking action to bring back this bedrock of the American Dream. In recent years, Wall Street giants and institutional investment firms, many of you are here, many of you are good friends of mine, many of you are supporters, sorry to do this to you Joe, I’m so sorry. But you’ve driven up housing prices by purchasing hundreds of thousands of single-family homes, and it’s been a great investment for them. Often as much as 10 percent of houses on the market.
In speaking about this, it’s like Trump was Toto, pulling back the curtain on the manipulative Wizard, furiously pulling his levers. The average American only knows that affording their American Dream has become more and more difficult without understanding the behind-the-scenes manipulations that exacerbate that difficulty.
As RedState reported:
The housing market has, for most Americans, been the bedrock of individual and family wealth building. In case you were wondering:
Inflation of the US dollar has constituted about half of the increase in average home value since 1971. The dollar has 7.69 times less purchasing power (87%). But the average home price is up between 12.8 times and 16 times.
So, while inflation has been extraordinarily awful, homes have still been a great grower of value and wealth.
And these Mega Investors have increasingly been pricing individuals and families out of the housing market.
In his speech, Trump shone a light on this aspect, and even exposed the fact that these same entities that are buying up those houses and barring entry to the average American get depreciation on those purchases: an allowance for value lost on their property — yet an individual gets no such benefit.
Read More: Let’s Explore Trump’s ‘Large Institutional Investors’ Home Ban Idea…
Making Homeownership Great Again: Trump Has Bold Idea to Make American Dream Affordable
Trump continued.
You know, the crazy thing is a person can’t get depreciation on a house, but when a corporation buys it they get depreciation. Okay, there’s something we’re going to have to think about too. I don’t know if too many people think about that. You buy a corporation, they buy 500 houses — they buy hundreds of thousands — they buy 500 houses, they can take depreciation. A person sweats, and works, and buys one house, they can’t.
The fact that Trump further illuminated the sweat equity involved for the American people to be able to buy and maintain a home is critical and reflects a remarkable understanding of what makes home ownership so important to so many. It’s not just an investment a person or a family makes for their lives in a particular community, but it is an investment that strengthens the fabric of society. Trump brought it home, then reiterated the plans he had implemented to Make Home Ownership Great Again.
But homes are built for people, not corporations, and America will not become a nation of renters. We’re not going to do that. That’s why I have signed an executive order banning large institutional investors from buying single-family homes. It’s just not fair to the public. They’re not able to buy a house. And I’m calling on Congress to pass that ban into permanent law, and I think they will.
WATCH:
.@POTUS: “Homes are built for PEOPLE, not for corporations — and America will NOT become a nation of renters… That’s why I have signed an EO banning large institutional investors from buying single-family homes and I’m calling on Congress to pass that ban into permanent law.” pic.twitter.com/4MWtAUwLf9
— Rapid Response 47 (@RapidResponse47) January 21, 2026
Two weeks ago, Trump took to Truth Social to signal he would speak about this at the Davos event.
For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans. It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.
Along with the announcement about the institutional investor single-family home ban, Trump concluded this portion of his speech with the news that he had “instructed government-backed institutions to purchase up to 200 billion dollars in mortgage bonds to bring down interest rates.”
These bold initiatives are not only Making Home Ownership Affordable Again, but also go a long way toward breaking the cycle of house poverty and housing loss because of onerous rates. Trump’s plans factor in both securing and maintaining the American Dream for every economic level of the American public, not just the wealthy and well-heeled.
Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.
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