March 9, 2025 - 01:06
Real estate broker Katrina Campins recently shared her insights on the implications of President Donald Trump’s tariffs for the housing market. During her appearance on a news segment, Campins emphasized that tariffs are a crucial element of Trump's broader economic strategy aimed at creating a more equitable competitive environment for American businesses.
Campins highlighted that while tariffs can protect domestic industries, they may also lead to increased costs for construction materials. This rise in expenses could ultimately translate to higher prices for homebuyers, potentially impacting housing affordability. She pointed out that the construction sector heavily relies on imported goods, and any tariffs imposed on these materials could disrupt supply chains and slow down development projects.
Furthermore, Campins suggested that the long-term effects of these tariffs could reshape the real estate landscape, influencing both new constructions and renovations. As the housing market navigates these changes, stakeholders will need to adapt to the evolving economic climate shaped by these trade policies.
