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A lot of the usual interests lobbied against that provision, but Congress held firm—led, it must be admitted, by Trump. He issued an executive order on his first day back in office that read, in part: “A growing share of single-family homes, often concentrated in certain communities, have been purchased by large Wall Street investors, crowding out families seeking to buy homes. Hardworking young families cannot effectively compete for starter homes with Wall Street firms and their vast resources. Neighborhoods and communities once controlled by middle-class American families are now run by faraway corporate interests. People live in homes, not corporations.” As Matt Stoller, the left-leaning neo-Brandeisian anti-monopolist, put it in his always informative newsletter, “Honestly, it would be hard for me to write it any better.”

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