Real estate investment in D.C. with Trump

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Real estate investment in D.C. with Trump

Gene Burd
Real Estate Investor · Washington, DC · Member since 2017 · 1 post · 1 vote

I am looking for views from the professionals and non-professionals in the D.C. area on looming changes in the investment prospectives with the new Trump administration. There are seems to be a number of factors that should be considered. On the downside, Trump has promised to "drain the swamp" which probably means the reduction in federal employment with the resulting population outflows from the area. Also on the downside are the potential growing opportunities in the Midwest and Southeast as the result of revitalizing domestic industry. On the other hand, he wants to encourage inner city development by providing business opportunities. Also there is a potential for the increase in the interest rates and inflation.

 I live in Silver Spring and am interested in investing in muti-families in the D.C. Metropolitan Area. I consider myself an educated investor but have never invested in real estate.

Any thoughts are appreciated. No political discussions please.

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  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    9y

    Well no political discussions are easy as its against the forum rules, and we will remove political posts for anyone posting after me.

    I think the biggest factor with the new administration isn't so much with his promise to drain the swamp, but rather with what is likely to be a rising interest rate enviorment. Yes the DC area has the largest concentration of federal employees, but we have a very diversified economy here. The only administration to actually cut jobs in the last 100 years has been weirdly enough the Clinton administration, and it was a small number. So I'm not worried about job cuts. 

    So rising interest rates, along with a likely coming recession, which is really due regardless of what party is in power are the 2 largest factors I'm concerned with. 

    I'd like to lock in some more long term debt while we still have sub 5% borrowing capability. It could be more of an issue on commercial assets where we will see interest rate adjustments with out the ability to have fixed rates, but if your not over leveraged, you should be able to compensate for that in 3, 5 7 or 10 years when your rate adjusts.

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