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Updated about 8 years ago, 11/16/2016

User Stats

130
Posts
32
Votes
Aaron Vergason
  • Rental Property Investor
  • Erin, NY
32
Votes |
130
Posts

President Donald Trump?

Aaron Vergason
  • Rental Property Investor
  • Erin, NY
Posted
What does it look like for real estate investors with Donald Trump as president? Interest Rates? Bank Cooperation? Home Ownership?

User Stats

6,407
Posts
2,654
Votes
Brent Coombs
  • Investor
  • Cleveland, OH
2,654
Votes |
6,407
Posts
Brent Coombs
  • Investor
  • Cleveland, OH
Replied

Business as usual. In your investment decisions - always research the FUNDAMENTALS! Cheers...

User Stats

9,923
Posts
10,774
Votes
Chris Mason
Pro Member
  • Lender
  • California
10,774
Votes |
9,923
Posts
Chris Mason
Pro Member
  • Lender
  • California
ModeratorReplied

President Wall Street Implosion Causes Mortgage Refinance Boom May As Well Get In On It If That Was On Your To-Do List Anyways Trump. Esquire. 

(But don't refinance if it wasn't already on your to-do list... refinancing just for the sake of refinancing isn't necessarily a good idea.)

  • Chris Mason
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    Account Closed
    • Investor
    • Princeton, TX
    1,080
    Votes |
    1,900
    Posts
    Account Closed
    • Investor
    • Princeton, TX
    Replied

    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.

    User Stats

    15
    Posts
    10
    Votes
    Jeremiah Dexter
    • Investor
    • Eagan, MN
    10
    Votes |
    15
    Posts
    Jeremiah Dexter
    • Investor
    • Eagan, MN
    Replied

    https://www.yahoo.com/finance/news/mortgage-applications-tank-9-post-120021588.html