T
he real estate market is poised for significant changes under President Trump's second term, driven by two key factors: interest rates and Republican legislative power. According to Jonathan Woloshin, UBS's Chief Investment Officer equity strategist, the direction of interest rates and Republicans' ability to pass legislation will be crucial in shaping the industry's landscape. With a potential veto-proof majority, Republicans may have more freedom to implement their policies, which could impact real estate investment and development.