Updated about 13 years ago on . Most recent reply
What Will Happen in Real Estate After the U.S. Presidential Elections?
This is always a looming question prior to any elections. What will happen in real estate? Will prices continue to slowly rise as they are doing now? Or will prices stagnate or go down?
Please share your opinion on this topic below. I’d love to hear from you.
Most Popular Reply
In my opinion, nothing major will happen until we get a balanced budget and are able to stop growing the debt.
Even Romney says it would take him "8-10 years" to balance the budget if he were elected ...given that the most he could serve is 8 years, that doesn't bode well for a major rehab any time soon. Btw, to keep this from sounding partisan, it's just as bad on the other side -- Obama has given no estimates on if/when he could balance the budget. So, either way, we're the next 4-8 years will likely be status quo...
That said, as an investor, I'm pretty happy with the way things currently are... :)