Big Moves on Housing, Taxes, and Financial Rules Are on the Table
A new Republican trifecta in Washington, D.C., means big potential changes for real estate. But it’s not a free-for-all.
While President Trump and his GOP allies have more power to shape laws, a slim House majority and the Senate filibuster will keep some limits in place.
Here’s a simple breakdown of what might happen in real estate:
1. Taxes Are a Big Deal
Congress can fast-track tax changes, and with parts of the 2017 tax cuts expiring, expect this to be a hot topic.
The focus will likely include tax rules for small businesses, many of which are tied to real estate.
The industry is keeping a close eye to avoid getting caught in any unfavorable changes.
2. Housing Finance Reform—Fannie Mae and Freddie Mac
Remember Fannie Mae and Freddie Mac? They’ve been under government control since 2008, but Trump might make another push to set them free.
It’s a big deal for home loans, though getting it done won’t be easy.
3. Regulation Clean-Up Time
Trump’s team aims to roll back some financial rules to make things easier for businesses, including commercial real estate.
But watch out tariffs or stricter immigration policies could make construction pricier, which might hurt housing growth.
4. A Shared Goal: Affordable Housing
Both parties agree that housing costs too much, but they don’t always see eye-to-eye on solutions.
Will they figure out a plan to boost housing supply? Stay tuned.
5. Deregulation in Action
Expect Trump to focus on loosening rules that impact real estate and banking.
This could include cutting red tape on loans and reducing reporting requirements for certain financial products.
6. Climate Rules in the Spotlight
Federal climate disclosure rules might get scaled back, but don’t get too comfortable.
States like California are doubling down, which could still impact real estate developers and investors.
These shifts could reshape the real estate landscape, bringing both opportunities and challenges.
Industry players will need to stay sharp and adapt as policies evolve.