According to @BullTheoryio, Blackstone (BX) dropped about 9% after President Trump said he plans to immediately ban large institutional investors from buying single-family homes. According to @BullTheoryio, Blackstone is described as the largest owner of apartments in the U.S., holding 230,000+ units, representing over 1% of the total share. According to @BullTheoryio, the plan targets future purchases only, blocking large funds from adding new single-family homes, while existing holdings would not be forced to sell. According to @BullTheoryio, Trump added that he will push Congress to turn this ban into law.