The Impact of Trump's Presidency on the Multifamily Housing Industry
The impact of Donald Trump’s presidency on the multifamily housing industry, both during his administration and potentially in the long term, can be analyzed through policy changes, economic conditions, and regulatory approaches. Here’s an look at key areas that could shape the multifamily housing industry: 1. Tax Policy Tax Cuts and Jobs Act (2017): This legislation reduced corporate tax rates and allowed pass-through entities (common in real estate) to deduct 20% of their income, which was a boon for real estate investors and developers.