Will an Iran War Affect USA Real Estate?

[Scott L.]

I own single family and multifamily rental property all over the US. Would an Iran war affect real estate prices or rental rates?  What about real estate in areas not around military contractors (like Lockhead Martin, etc) and military bases?  What if other countries joined alliances and trade among enemy countries ceased (Russia, China, Iran)?  The USA isn't making many friends these days with imposed tariffs etc. What happened to real estate during the Iraq War, or Veitnam, or WWII?

Is anyone else thinking about this?

Mods, if I didn't use the word affect/effect correctly in the title please feel free to change. 

[Ross Kalmbach]

TLDR: Not really worried about this crisis atm.

My opinions only: I think you are worrying too much about this political situation having an affect on the US housing market. With or without a war people need a place to live so rents should be fine. If it triggers a recession and people lose jobs then maybe values would drop but rentals should stay the same or increase. Real estate around military contractors might go up if it was a long term war would be my guess - no impact for short term that production can handle. We don't really trade with Russia or Iran so that's a mute subject.  China we are already in a trade war with. I don't think much research has been done about real estate values during war times - Schiller probably has some would be my guess.