Real estate pros say Trump better for market than Biden: survey

TRD questionnaire finds sentiment strongest for president in LA, South Florida

National /
Nov.November 03, 2020 03:10 PM
Donald Trump and Joe Biden (Getty)

Donald Trump and Joe Biden (Getty)

Asked if Donald Trump or Joe Biden would be a better president for real estate, many industry professionals surveyed by The Real Deal picked the president, but more in some cities than others — and not at all in Chicago.

Some 465 brokers, executives, and others who make their living in the industry answered the survey question: “Which presidential candidate will have a more positive impact on the real estate market?”

Nearly half — 49 percent — said Trump would, while 29 percent answered Biden and 22 percent said neither.

But unpacking that number revealed significant geographical divergence. More than two-thirds of Los Angeles-area respondents named Trump and only 15 percent picked Biden, although the sample size was small at just 47 people.

Trump also fared well in Florida, where half of 88 respondents chose him and just under a quarter named Biden as better for the market. Trump’s native New York, with 247 respondents, was closer: 45 percent picked Trump, while 34 percent went for Biden. And Chicago real estate pros split down the middle.

The survey was voluntary and not a scientific poll; it should not be assumed to be representative of real estate professionals as a whole.


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory

Make Greenland Great Again? Trump wants to buy Arctic territory

Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month

Hamptons’ priciest summer rental to host MAGA extravaganza next month

Hamptons’ priciest summer rental to host MAGA extravaganza next month
President Donald Trump and 1483 Shore Parkway in Brooklyn (Getty; Google Maps)

Lawsuit targets Trump for “fraudulent” rent overcharge scheme

Lawsuit targets Trump for “fraudulent” rent overcharge scheme
Mayor Bill de Blasio and the Gowanus Canal (Getty)

Gowanus infrastructure plan aims to mute rezoning foes

Gowanus infrastructure plan aims to mute rezoning foes
President Donald Trump (Getty)

Realtor groups sue to block federal eviction ban

Realtor groups sue to block federal eviction ban
Ivanka Trump and Jared Kushner with the Trump National Golf Club in Bedminster (Getty; Trump Org)

Ivanka Trump and Jared Kushner prepare NJ home for arrival

Ivanka Trump and Jared Kushner prepare NJ home for arrival
Assemblymember Marcela Mitaynes  and Sen. Charles Schumer (Photos via Protect Sunset Park; Getty; Facebook)

With NY poised to lose billions, socialists fight real estate

With NY poised to lose billions, socialists fight real estate
From left: President Donald Trump, Blackstone's Jonathan Gray and Tishman Speyer's Rob Speyer (Getty)

Real estate execs, business leaders urge Trump to begin transition

Real estate execs, business leaders urge Trump to begin transition
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...