As part of the survey, NREI asked readers what impact Donald Trump’s presidency has had on commercial real estate financing, which generated both very positive and negative reactions.
Many respondents applauded the presidents’ broader handling of the economy and its continued expansion, which they say has redounded to the commercial real estate sector. Others added that cuts in regulation were good for commercial real estate.
“His policies have led to economic prosperity across the board,” one respondent wrote. Another echoed that sentiment, writing, “Donald Trump has had a large positive effect on the economy in general, with commercial real estate rising with the economic tide.”
One respondent expressed a more mixed sentiment, saying, “He has had a lot of success, but has also created a lot of instability and the market doesn’t like instability.”
On the negative side, some pointed to the overall volatility in Washington, increasing deficit and unclear benefits from his signature tax cut as negatives. As one reader wrote, “An idiot surrounded by incompetents does no one any good. (We have a) $1 trillion deficit and growing from the party that screws it up every time.” Another added, “He has not provided the fundamental support for the middle and lower classes.”