Trump Executive Order Tracker #1

The Real Estate Espresso Podcast

Trump Executive Order Tracker #1

Spotify Google Podcast Apple Podcast Subscribe via RSS Leave a Review

Trump Executive Order Tracker #1

Welcome to the Real Estate Espresso Podcast, your morning shot of what’s new in the world of real estate investing. I’m your host, Victor Menasce.

On today’s show, we’re looking at the flurry of executive orders that were signed by the incoming administration in Washington, DC, with many of them covering a wide range of issues. The ones getting the most attention and making headlines are those affecting divisive issues like deportations and international trade. However, there were no less than 35 executive orders in two days. To shed some perspective, according to data from the American Presidency Project, George Bush issued an average of 36 executive orders a year during his tenure, Biden issued about 46 a year, and Trump averaged about 55 orders a year in his first term.

This is a real estate podcast, and today we’re going to dissect a few of the Executive Orders from this week that aren’t making headlines. In particular, we’ll focus on those that could impact real estate investors. So, we’re only going to concentrate on two of these executive orders. We’ll analyze others in the forthcoming days.

First, we have an executive order entitled ‘Promoting Beautiful Federal Civic Architecture.’ This directive instructs the administrator of the General Services Administration, the U.S. government’s landlord, to submit recommendations to advance a policy that federal public buildings should uplift and beautify public spaces and respect regional, traditional, and classical architecture heritage. With over 300 million square feet of office space, many buildings are obsolete, decaying, or unsuitable for occupancy. I anticipate this issue will cause significant shifts in the office space market, both in the U.S. and Canada.

Second, an executive order titled ‘Delivering Emergency Price Relief for American Families in Defeating the Cost of Living Crisis’ requires all executive departments and agencies to lower the cost of housing and expand the housing supply. The text of the order highlights the fact that many Americans are unable to purchase homes due to high prices, large portions of which result from regulatory requirements. The specifics of this order are still vague, but it’s something we’ll want to monitor closely in the weeks and months to come.

As you ponder about these, have an excellent rest of your day, go make some great things happen, and we’ll talk to you again tomorrow.