The results of the upcoming election cycle will help determine future environmental policies, infrastructure spending and other legislation that could impact multifamily housing and commercial real estate. Generally, individual elections have a limited impact on multifamily housing and the markets.
“History tells us markets can get volatile around elections, but it’s usually temporary and related to the uncertainty,” said Ginger Chambless, Head of Research for Commercial Banking at JPMorgan Chase. “After the results, the direction of markets is more likely to be driven by the economic outlook and prevailing investor sentiment, rather than the election outcome itself—markets could rally simply because the election is behind us.”
Source: Election’s Impact on Commercial Real Estate | JPMorgan Chase