3.)\u00a0 Closing Tax Loopholes?<\/strong><\/p>\nTrump has stated multiple times he intends to close many outdated tax loopholes.\u00a0 The big one on real estate investors\u2019 minds are of course deduction of mortgage interest, deduction of real estate taxes, capital gains deferment, and favorable depreciation schedules.\u00a0 If these benefits go away, real estate investing will generally be less attractive, meaning fewer buyers for your landlord\u2019s condo (generally your rent will go up if the landlord believes she could sell the home and earn more).<\/p>\n
4.)\u00a0 Immigration Hubs at Risk?<\/strong><\/p>\nHow much does your city rely on immigrants to keep the ecosystem running?\u00a0 Many of us live in vibrant communities filled with foreign nationals working or studying on a visa.\u00a0 Will the H-1B Visa, for example, stay intact through a Trump presidency?\u00a0 Even if it does, will we still attract the world\u2019s top talent given the administrations tough stance on doing as much as possible within our borders?\u00a0 Fortunately, Trump has suggested it is a great advantage to attract the world\u2019s top talent to our country, but we expect the F-1 and H-1B program to go through major changes (and related OPT program for internships).\u00a0 Cities likely to be most impacted include startup, tech, and college hubs: the entire SF Bay Area, New York, Boston, and Seattle.<\/strong><\/p>\n5.)\u00a0 More Oil Drilling<\/strong><\/p>\nDo you live in or around any city that works towards providing America with energy independence?\u00a0 Trump has made it very clear that our country should strive towards producing as much oil and energy inside our borders, minimizing our continued reliance on foreign oil.\u00a0 As a country, we are already much closer today than we were 8 years ago, with major advances in drilling and pipelines. \u00a0The price of crude oil has dropped over 20% since early October, and fell even more after election night. \u00a0You can probably expect even more investment if you live near one of these communities, which means more jobs, people, and higher real estate prices!<\/strong><\/p>\n6.)\u00a0 Less Focus on Climate<\/strong><\/p>\nRelated to energy, do you live in or around any city that was slated to be heavily involved in dealing with climate change?\u00a0 Although corporations and the private sector have done great work in addressing sustainability, we still rely heavily on the government for key investment and subsidy programs to make alternative energy feasible.\u00a0 Cities with high concentrations of solar panels include Los Angeles, San Diego, Indianapolis, Honolulu, Newark, and San Jose.<\/p>\n
7.)\u00a0 Government Projects<\/strong><\/p>\nIn general, despite Trump campaigning against bloated and wasteful governments, he has also produced many spending and stimulus efforts.\u00a0 The key here is figuring out which projects are likely to launch.\u00a0 Will we make efforts to build the wall?\u00a0 If so, will the government add tens of thousands of jobs required to make it happen quickly?<\/p>\n
8.)\u00a0 Some Stimulus<\/strong><\/p>\nIn 2008, many tax payers earning under $75K received a government stimulus check ($150K for married couples).\u00a0 Trump is likely to provide some stimulus via tax cuts and spending programs.\u00a0 More money means more inflation, and could be one factor driving up rents in your area.\u00a0 Similar to the previous points, stimulus programs could be localized and impact some cities more than others.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Trump election upset has already caused volatile movements in the stock, bond, and commodities markets.\u00a0 However, mortgages, real estate taxes, condo dues, and rent payments hit closer to home!\u00a0 We discuss 8 ways a Trump presidency is likely to affect apartment rental prices, both nationwide and in your specific neighborhood. 1.)\u00a0 Interest Rates Will […]<\/p>\n","protected":false},"author":1,"featured_media":4400,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"yes","_lmt_disable":"no","footnotes":""},"categories":[154],"tags":[181,178,177,41,180,157,179],"class_list":{"0":"post-4398","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-trends","8":"tag-climate","9":"tag-immigration","10":"tag-inflation","11":"tag-rent","12":"tag-stimulus","13":"tag-trump","14":"tag-wall"},"yoast_head":"\n
How Trump Will Affect Your Rent? 8 Ways His Presidency May Affect You! - Real Estate Topics, Tips, and Guides<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n