The Trump admin bans non-citizens from getting SBA loans

Tair

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This is a good move by the Trump admin tbh.

Im more appalled that they were getting loans to begin with. wtf is up with the governance of this country?

They come here, take up spots in government, and bend the rules so that their cousins/family can take advantage of the system. They then pay people off under the table to look away.
 

cheek100

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you tell me
Yes, in January 2026, President Donald Trump signed an executive order aimed at restricting large institutional investors (often referred to as “Wall Street” or corporate entities) from buying single-family homes.


The executive order, titled “Stopping Wall Street from Competing with Main Street Homebuyers,” directs federal agencies (like HUD, VA, and FHFA) to issue guidance that prevents government-backed programs from approving, insuring, guaranteeing, securitizing, or facilitating the sale of single-family homes to these large institutional investors. It prioritizes individual families and owner-occupants, includes measures like “first-look” policies for foreclosed properties, and calls for reviews of acquisitions for anti-competitive practices. Trump has described it as banning large investors from buying up single-family homes to preserve them for American families and prevent the country from becoming a “nation of renters.”

:yeshrug:
 

CodeBlaMeVi

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Just another dog whistle for his base. I've yet to see a tangible move by the Trump admin that aims to lower house prices, make life more affordable for US citizens in general.
That’s not how capitalism works unless it is subsidized.
 

Oatmeal

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This is a good move by the Trump admin tbh.



They come here, take up spots in government, and bend the rules so that their cousins/family can take advantage of the system. They then pay people off under the table to look away.

The worst thing is that they do not hire locals, especially not local Black people.
When they do hire local the pay is minimum wage/no benefits. I know a bunch of hair store chains in my area popped up outta nowhere and all they hire is young girls to staff them. Probably paying them in "store credit" as well :francis:
 

Lord Beasley

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Yes, in January 2026, President Donald Trump signed an executive order aimed at restricting large institutional investors (often referred to as “Wall Street” or corporate entities) from buying single-family homes.


The executive order, titled “Stopping Wall Street from Competing with Main Street Homebuyers,” directs federal agencies (like HUD, VA, and FHFA) to issue guidance that prevents government-backed programs from approving, insuring, guaranteeing, securitizing, or facilitating the sale of single-family homes to these large institutional investors. It prioritizes individual families and owner-occupants, includes measures like “first-look” policies for foreclosed properties, and calls for reviews of acquisitions for anti-competitive practices. Trump has described it as banning large investors from buying up single-family homes to preserve them for American families and prevent the country from becoming a “nation of renters.”

:yeshrug:
Executive order 🤣. RIGHT
 
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