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Trump win may shake up Bay Area housing market


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2016 Nov 20, 1:49am   1,516 views  0 comments

by Indiana Jones   ➕follow (0)   💰tip   ignore  

http://www.sfchronicle.com/business/networth/article/Trump-win-may-shake-up-Bay-Area-housing-market-10619443.php

Since Donald Trump was elected president last week, mortgage rates have jumped by half a percentage point and tech stocks have fallen. That could put a damper on the Bay Area real estate market if it persists.

You’d think having a real estate tycoon in the White House would be good for real estate. And it might be. Some of his proposals — such as boosting infrastructure spending and cutting mortgage regulations — would be bullish. But they could have side effects that offset the positives.

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