US President Trump says he will be taking action on house prices. Signed an executive order preventing large institutional investors from purchasing homes. Will be asking Congress to cap credit card prices at 10%.

The announcement from President Trump regarding action on house prices signals a direct attempt to control rising housing costs, particularly by limiting institutional investment in residential properties.

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US President Trump says he will be taking action on house prices. Signed an executive order preventing large institutional investors from purchasing homes. Will be asking Congress to cap credit card prices at 10%.

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This could impact markets related to real estate and consumer credit, particularly affecting the housing sector and financial institutions, while potentially influencing broader economic indicators including inflation and consumer spending.

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