Trump’s Tariffs

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I don’t think tariffs will affect my real estate business directly at all, because we don’t do any business overseas.

However, tariffs may have an indirect effect on the recent rapid rise in interest rates, which has hurt my business. I’m hoping that tariffs may help the government reduce the budget deficit, which may help interest rates to come down.

Don

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I agree with Don (Hey Don, it’s Greg Wilson).

For most smaller landlords (non-corporate Wall Street owners), I do not believe the President’s tariffs will significantly impact our business. Most of us buy existing, distressed inventory, and the proposed tariffs will only slightly increase our rehab/repair costs. If the tariffs have the desired effect, namely to strengthen our economy, in the mid-to-long term, our tenants should be better positioned to pay our rents.

Greg