Ep. 167 - Trump Won the 2024 Election: What this Means for Real Estate Investors

Multifamily Masterclass

Topic 1: Trump Won the Presidency Donald Trump is going to be the 47th president, and he has a republican majority in the Senate. We chat about how a Trump presidency is already changing the Stock Market, interest rates have gone back up which was a surprise to many voters. We have seen positive changes in the eyes of the market but we know there are always two sides to every story. We cover Trumps promises and where we think real estate fits into his plans. We also touch on immigration; Arizona being a state that is on the border of the U.S. and Mexico.

Topic 2: CNBC Goldman Sachs Forecasts S&P to perform well under 8% in the next 10 years (potentially closer to 3%). We discuss how this might make investors look at investing in other options such as treasury’s and real estate for higher returns.

Topic 3: Newsweek Article “A City within a City” This project, Halo Vista, happening in Arizona will add housing, industrial and office spaces. Chip designers, engineering students and other similar people will all be able to live in this community out by the TSMC plant. This will also bring thousands of jobs to the area.

Topic 4: Apartment REITs outperformed on rent growth. Lots of supply kept competition for units low and now, as supply plummets, competition is getting tighter and rents are going up. We are also seeing trends showing that mega apartment buildings with 500+ units are becoming less desirable, and people are looking to join a closer knit community at smaller apartment buildings.