American Homes 4 Rent

AMH

Market cap $11.5B

Single Family Rental REITs and private-equity stocks sold off sharply this week after President Trump floated the idea of banning large institutional investors from purchasing single-family homes. While we doubt this sweeping policy ultimately becomes law, there is a non-zero chance some version advances, as housing affordability becomes a major focus in 2026 ahead of midterms. We believe it is reasonable that any policy would include a public REIT carve-out, consistent with existing legal precedent that treats REITs as transparent, regulated, and distinct from private equity.

The time of the corporate landlord as America's housing villain was supposed to be over.  Money managers like Blackstone Inc. and Pretium who binged on single-family rentals in the wake of the financial crisis took blow after blow as housing prices shot up.

President Donald Trump said he would take steps to ban large institutional investors from buying single-family homes, which he said have become “increasingly out of reach for far too many people, especially younger Americans.”

It isn't clear whether congressional approval would be needed to institute such a ban.

Median sale price was at $410,800 last year, according to the Census Bureau, even as Trump campaigned on affordability

CNBC's "The Exchange" team discusses President Trump's social media post about banning institutional investors from buying more single-family homes.

Trump did not say exactly how his plan would work, but it represents a major new initiative to lower the cost of homeownership.

President Donald Trump announced a plan to block large investors from buying single-family homes.

U.S. President Donald Trump on Wednesday said his administration is moving to ban Wall Street investors from buying single-family homes in a bid to reduce home prices, a potential blow for private-equity landlords.

Investors interested in REIT and Equity Trust - Residential stocks are likely familiar with Safehold (SAFE) and American Homes 4 Rent (AMH). But which of these two companies is the best option for those looking for undervalued stocks?