How Trump Presidency Could Impact Multifamily Market
President-elect Donald Trump is predicting his policies could increase GDP to 3.5% to 4%. If he’s right, that would create more jobs—and more demand in the multifamily market. Florida would be a key beneficiary, with its strong population growth.
In any case, KC Sanjay, chief real estate economist for Axiometrics, an apartment market and student housing research and analysis, does not expect the Trump presidency to cause any negative impact to the commercial and residential real estate markets in the Southeast and Florida. However, he said, he expects a slight deceleration in fundamental metrics and total returns, which will bring us back to a more sustainable level of growth after a period of accelerated growth since the Great Recession ended.
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