Commercial Real Estate Professionals Split on Trump Job Performance

Feb 11, 2019

President Trump’s Fiscal Year 2018 budget blueprint requested $40.7 billion in gross discretionary funding for the Department of Housing and Urban Development (HUD)

A new survey of commercial real estate professionals found a split on how President Trump’s former industry viewed his performance in the White House.

The survey, conducted by National Real Estate Investor, polled 1,380 respondents. Roughly half of respondents (50.3 percent) voiced approval of the president’s overall job performance and 45.5 percent disapproved, with 4.1 percent claiming to be undecided. This represented an increase from a similar survey in June, when 43.4 percent of respondents voiced approval.

As for the recent partial federal government shutdown, 45.7 percent of survey respondents put the blame solely on the president, with 35.7 percent of respondents centering blame on Congressional Democrats. Forty-three percent of respondents said the shutdown had no impact on commercial real estate while 32.5 percent felt it was uncertain what effects may have occurred and 24.5 percent believed the shutdown had an impact on the commercial real estate industry

When asked to identify by political affiliation, 42.3 percent of respondents identified themselves as Republicans, 38.1 percent said they were independents, 15.9 percent were Democrats and 3.7 percent identified as “other.” The average age of respondents was 56.

About the author

Phil Hall

Link copied

Published

Feb 11, 2019

Operations

Clear Capital, MeridianLink Partner On Valuation Workflow Integration

Integration helps lenders manage collateral decisions within existing loan workflows

Clear Capital has integrated its valuation and collateral solutions platform with MeridianLink, a move designed to give lenders more streamlined access to property data and appraisal-related services within their existing loan origination workflow.The real estate analytics, ...

Industry News

Fed Holds Rates Steady, But Outlook Dims For Mortgage Rate Relief

The Federal Reserve left rates unchanged but updated projections show more policymakers expecting additional hikes

The Federal Reserve left interest rates unchanged Wednesday in Kevin Warsh's first meeting as chair, but the central bank's updated projections delivered a message many mortgage lenders were not hoping to hear: lower rates may not be coming anytime soon.The Federal Open Mark...