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Stock impact report

Jamie Dimon Calls Trump's Institutional Home-Buying Ban 'Basically Irrelevant' Because Of This Reason— 'I Don't Think...' [Yahoo! Finance]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
Company Research Source: Yahoo! Finance
CEO Jamie Dimon is pushing back on one of President Donald Trump ‘s signature housing proposals, and the numbers back him up. Speaking to CBS News in a Tuesday interview, Dimon dismissed the administration's proposed ban on institutional investors buying single-family homes as largely meaningless. “I hate to tell you this, it's basically irrelevant,” Dimon said. “Only 1% of the homes are owned by what you would call large companies. I don't think it's gonna change any calculus.” Don't Miss: Most Investors Can't Access These Real Estate Deals — But Accredited Investors Can Explore Jeff Bezos-backed Arrived Homes and see how investors are earning passive rental income — now with a limited-time 1% bonus match for new investors. Trump has called for a ban on institutional investors buying single-family homes , targeting those who own more than 100 properties. But experts at LPL Financial put institutional ownership at just 0.5–3% of U.S. single-family homes, concentrated in ma Show less Read more
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