We keep wondering why the house we saved for kept getting more expensive while we saved for it.
Apollo Global Management, Blackstone, and KKR were in that same market buying the same homes with billions behind them and no mortgage approval process to wait on.
Trump signed an executive order in Jan 2026 meant to stop this exact practice, and the firms that received it immediately began reviewing the loopholes built into it.
Some of us also have retirement accounts invested in funds that hold stakes in those same firms, cheering the returns in one account while losing the bid on a house in the other.
We did not lose the house only to someone who needed it more than we did.
Part of what we lost it to was a system some of us are quietly invested in ourselves. 🍌