Opendoor Technologies Inc. (NASDAQ:OPEN) CEO Kaz Nejatian praised President Donald Trump’s approach to housing affordability, arguing that recent policy actions are addressing long-standing barriers that have pushed middle-class families out of the single-family housing market.
Trump Is Doing ‘An Excellent Job’
Appearing on The Pomp Podcast by Anthony Pompliano on Wednesday, Nejatian said, “I think that President Trump is doing an excellent job,” referring to recent policies, such as the blocking of institutional investors from acquiring single-family homes.
“It should be true that a teacher can buy a home on their salary. It used to be true. It should be true again,” Nejatian said, while noting that the challenge facing prospective homebuyers is not the result of a single factor, but rather a layered system that has made ownership increasingly inaccessible.
“The stack of stuff that’s in the way of that is very high,” he …Full story available on Benzinga.com
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