President Donald Trump?

[Aaron Vergason]

What does it look like for real estate investors with Donald Trump as president? Interest Rates? Bank Cooperation? Home Ownership?

[Account Closed]

In Texas, on the commercial side, you should expect major instability on the US 35 corridor.  That will have major ripples into the residential market.  The state has reported that NAFTA has provided $100s of billions of benefits to Texas.  Pulling out of NAFTA will cause a major disruption to the Texas economy.  For people not familiar with Texas... the US 35 corridor is about important to Texas as New York City and the surrounding communities are the State of New York.

At the moment, I most concerned about trade agreements because the President can pull out of them without going to Congress.

If you want to talk about some of the other things he has mentioned...

1) Deporting 11,000,000 people would put the housing market into freefall.

2) Cutting the minimum wage would cause deflation at best and stagflation at worst.

3) Putting the coal industry on life support at the expense of Wind, Solar, and Natural Gas will help a hand full of coal companies at the expense of the environment and electric utility customers.

4) "Bringing back manufacturing" to the United States will be great for the few companies that make robots in the United States.

5) Trade barriers will almost certainly have negative responses.  For example, the Chinese government will almost certainly stop buying US debt if we stop buying products produced there.