It's election day. Time to cast your ballot — only, for whom? GlobeSt.com asked some CRE experts whether Kamala Harris or Donald Trump would be best for the industry. Their answer? It's not completely clear.
Opinions focused on various topics, such as interest and cap rates, real estate-specific policies, taxes and tariffs, immigration policy, deficits, and labor. All play directly or closely to CRE.
Interest rates are the purview of the Federal Reserve. Presidents typically push for lower rates at some point during their tenure, particularly if they're running for reelection because lower rates make people feel good. The issue will become more complex because of fiscal policy.
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