Unpacking the Meaning of a Trump Administration for Apartment Housing
Uncertainty dominated the commentary written by key real estate analysts trying to forecast how the apartment industry and economy overall will be affected by the election of Donald Trump as the next U.S. President.
Most industry groups, admittedly, said they were caught off guard by the result, and they, no doubt, will continue to analyze the situation between now and Inauguration Day.
While it is too soon to speculate what impacts the Trump Administration could have on the industry and the broader economy, following is a summary of thoughts and projections expressed during the week following the Nov. 8 election.
One sure bet is that NAA will work with the new administration.
Says Gregory S. Brown, NAA Senior Vice President of Government Affairs, “The outcome of the 2016 elections has dramatically changed the political landscape in Washington and the outlook for policy priorities of the apartment industry. We have one-party rule for the first time since 2010. That could mean accelerated consideration of numerous high priority Republican policy priorities, some of which impact the apartment housing industry. NAA looks forward to working with the new Administration, newly-elected members of Congress and returning incumbents of both political parties on critical housing concerns like flood insurance, tax policy and regulatory reform.”
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