Huge housing decision from the USA: There is a ban on detached houses for big investors

The US Treasury Department has published a draft regulation regarding the implementation of the law restricting large institutional investors from purchasing detached houses.

In the statement made by the Ministry, it was stated that the proposed regulations aim to implement the relevant article of the housing law, which restricts large institutional investors from purchasing detached houses.

In the statement, it was stated that as of January 7, 2027, large institutional investors will generally not be able to purchase or sign contracts to purchase detached houses, except for transactions within the scope of the exceptions specified in the law.

It was stated in the statement that various criteria are taken as basis in defining large institutional investors in the law, and that among these is that an institution has direct or indirect investment control over at least 350 detached houses.

In the statement, it was stated that certain purchases made within the scope of housing construction and housing renovation programs for renting purposes and programs to support home ownership may be included in the scope of exemption.

It was noted that the public should submit their comments on the draft within 30 days after its publication in the Federal Register, which means Official Gazette.

In his statement on the subject, US Treasury Secretary Scott Bessent stated that under the administration of US President Donald Trump, they continue to pave the way for millions of young and working families to own affordable housing.

Bessent noted that the Treasury Department is trying to ensure that American families and workers have a fair opportunity to purchase housing by increasing the housing supply and limiting the role of large institutional investors in the market, and that they aim to support a strong and stable housing market and avoid unnecessary disruptions in this process.