President-elect Donald Trump’s promised tariffs are cause for concern among many in the commercial real estate industry, with developers and builders fretting over the possibility of material cost increases.
Others in the CRE sphere are even worried that tariffs could prolong inflation, the troublesome indicator that led the Federal Reserve to begin hiking interest rates in 2022, a policy it only began to reverse in September.“
The greater impact on CRE could come from the fact that tariffs are inflationary and, all else equal, will keep interest rates higher for longer,” Associated Builders and Contractors Chief Economist Anirban Basu told Bisnow.
President-elect Donald Trump’s promised tariffs are cause for concern among many in the commercial real estate industry, with developers and builders fretting over the possibility of material cost increases.Source: CRE Braces For Higher Costs, Perhaps Inflation Stemming From Trump Tariffs
