Nov 13, 2024
Topic 1: Trump Won the Presidency
Donald Trump is going to be the 47th president, and he has a
republican majority in the Senate. We chat about how a Trump
presidency is already changing the Stock Market, interest rates
have gone back up which was a surprise to many voters. We have seen
positive changes in the eyes of the market but we know there are
always two sides to every story. We cover Trumps promises and where
we think real estate fits into his plans. We also touch on
immigration; Arizona being a state that is on the border of the
U.S. and Mexico.
Topic 2: CNBC Goldman Sachs Forecasts S&P to perform
well under 8% in the next 10 years (potentially closer to
3%). We discuss how this might make investors look at investing in
other options such as treasury’s and real estate for higher
returns.
Topic 3: Newsweek Article “A City within a
City”
This project, Halo Vista, happening in Arizona will add housing,
industrial and office spaces. Chip designers, engineering students
and other similar people will all be able to live in this community
out by the TSMC plant. This will also bring thousands of jobs to
the area.
Topic 4: Apartment REITs outperformed on rent
growth.
Lots of supply kept competition for units low and now, as supply
plummets, competition is getting tighter and rents are going up. We
are also seeing trends showing that mega apartment buildings with
500+ units are becoming less desirable, and people are looking to
join a closer knit community at smaller apartment buildings.