R
eal estate stocks took a surprising hit as developers breathed a sigh of relief over Trump's presidency. But will the property world's native son ultimately harm the market?
Economists fear that an immigration crackdown could severely impact the construction industry, which heavily relies on foreign-born labor. This workforce is crucial to keeping projects moving forward and meeting demand for new homes and developments.
The potential consequences of such a policy are far-reaching, with many experts warning that it could lead to a shortage of skilled workers and increased costs for developers.
realestate
Real Estate Stocks Plummet Amid Developer Optimism for Trump Policies
Economists feared immigration crackdowns would deplete construction workforce reliant on foreign-born labor.
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realestate
Buyer found for Robin Williams' previous Seacliff residence
Seacliff home of Robin Williams sells after a year on the market
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realestate
Potential for Development in Far North Side with Broadway Upzoning
Zoning proposal aims to transform Broadway on Chicago's Far North Side
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realestate
Indicators of activity in the commercial property market
Increased competition for office space, EV market growth in Norway, and diners choosing budget-friendly options.