Trump and Newsom Align on Wall Street Home Buying

In a rare moment of political alignment, President Donald Trump and Gov. Gavin Newsom are both calling for restrictions on large institutional investors buying single-family homes, arguing they drive up housing prices and put individual homebuyers at a severe disadvantage.  As the shortage of affordable housing pushes the American Dream further out of reach, Scott and Marisa are joined by The New York Times Magazine contributing writer Francesca Mari to take a closer look at the role Wall Street investors play in rising housing costs and how much power state and federal governments actually have to reign them in.  Check out ⁠⁠Political Breakdown’s weekly newsletter⁠⁠, delivered straight to your inbox. Learn more about your ad choices. Visit megaphone.fm/adchoices