The U.S. real estate market may be due for a drastic shift pushed by Trump’s presidency
Once the new president elect Donald Trump takes office in January 2017, things might become increasingly difficult for immigrants if he were to hold true to his campaign. During the presidential election campaign, Trump promised mass deportations of undocumented immigrants living in the US and to build a wall along the border with Mexico. Since the election, the number of people fleeing to the US from Central America has increased dramatically in hopes of entering the country before the borders become harder to cross.
This drastic surge will generate an additional demand for affordable rental properties. In recent reports released by the National Association of Realtors, international buyers are shifting their investments from luxury properties to less pricey properties. Will this be enough to meet the new demand?
If you are an investor, beefing up your portfolio with affordable rental properties may just be the winning ticket and being able to verify tenant’s criminal records from their country of origin through our international criminal database, will give you some peace of mind and help you get acquainted with your new potential tenants, who don’t yet have a history in the US.