With Donald Trump’s reelection to the U.S. presidency on Nov. 5, real estate professionals must assess how Trump’s proposed economic and housing policies might shape the U.S. market to seize emerging opportunities and mitigate potential risks, according to RCLCO.

According to the firm, “Tariffs and immigration policy changes present the risk of returning to rapid price growth, which could make new investment difficult.” RCLCO sees the following as potential opportunities and challenges:

Opportunities

Tax cuts and regulatory easing: Potential short-term stimulus for commercial real estate because tax cuts and reduced regulations might encourage business expansion and investments. High-end real estate demand: Potential tax breaks favoring high-income individuals may drive demand for upscale and luxury properties, leading to higher activity in exclusive markets. Opportunit