Shifting Federal Policies Sow Discord In US Real Estate
Law360 (December 7, 2018, 2:54 PM EST) -- Recent changes in tariffs, tax law and bank deregulation present a confusing picture of short-term gains and long-term risk for real estate. But the biggest game-changer of all could be opportunity zones. Who benefits under today’s political landscape, and why?
Unlike previous legislative goals that felt like the product of a free-marketer’s wish-list, President Donald Trump’s March tariff announcement seemed more like a fulfilled campaign promise. However, the plan to impose $60 billion in trade tariffs for aluminum and steel soon required unexpected provisos and revisions, including the surprising embrace of a Chinese telecom company which had been hit by congressional...
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