- Market Deregulation vs. Affordable Housing Emphasis
- Trump’s Approach: A Trump presidency might lean towards market deregulation, which could attract large-scale real estate investors and high-end developers, potentially driving up property values and focusing on luxury segments.
- Harris’s Approach: Harris might advocate for more affordable housing projects, bringing policies to lower housing costs. This could stabilize rental prices, especially in lower and middle-income areas, and curb rapid price growth.
- Environmental Considerations
- Harris’s Stance: A Harris administration might increase environmental restrictions, especially in vulnerable coastal regions, impacting building approvals in flood-prone areas and affecting long-term real estate values.
- Trump’s Stance: Trump could ease restrictions, potentially allowing for faster development but possibly raising concerns over sustainability in the face of climate change.
- Interest Rates and Investment Incentives
- Both Administrations: Interest rate policies would play a key role. Trump may favor lower rates, encouraging borrowing and investment, while Harris may lean on policies to temper inflation, potentially affecting affordability and investment trends.
- Foreign Investment and Local Markets
- Trump’s Policies: Tighter controls on foreign investments could reduce international demand in luxury areas.
- Harris’s Policies: Harris may support international investment but prioritize local affordability measures to protect South Florida residents from being priced out by overseas buyers.
Both administrations could bring unique influences, with Trump’s policies potentially boosting investment and Harris’s focusing more on affordability and regulation, shaping South Florida’s housing landscape accordingly.
