Banning institutional investors from buying homes will backfire for many Americans, experts say

President Donald Trump and Senate Democrats have finally found something they can agree on: banning institutional investors from buying single-family rentals. But it won’t be the cure-all to the housing affordability crisis they think it will be. 

“We want homes for people, not for corporations,” Trump said during the State of the Union address in February, touting his plan to cap institutional ownership to 100 single-family homes. 

On Thursday, the Senate voted 89-10 to pass...