How will the housing market be after the election?

[YMMV]

As the election is fast approaching, I am wondering how ill the housing market be after the election? Does it matter who will be the president?

 

[sleepy5136]

no, it does not matter.

 

[YMMV]

For California, I think Trump's immigration policy is going to reduce the immigration population and therefore decrease the demand for housing?

 

[vsfan]

In the near term - no. But I can see a future where building costs go up because of the fewer undocumented workforce in construction.

 

[qwerty]

In the near term - no. But I can see a future where building costs go up because of the fewer undocumented workforce in construction.

Trump is just trying to create the real life version of a day without a mexican

 

[The Motor Court Company]

don't think it will make any difference especially for affluent areas like Irvine. Housing price is local and state government probably have more influence than federal.

 

[irvinehomeowner]

It could. People will sell their homes and move out of country right?

Usually it depends on interest rates as higher rates slows sales and lower rates spurs them. How the prices adjust is usually opposite but never proportional.

Especially this last rise in rates... some places prices continued to rise.

Home prices have too many non-fundamental factors to predict accurately... just got be in your budget, in your timeline and what you desire (location, floorplan, etc).