Drunk Real Estate 83. Trump’s Tariffs & the Real Estate Market: Smart Strategy or Economic Disaster?
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Feb 6, 2025 Curious about Trump’s tariffs? They might be a smart negotiation tool or an economic disaster! Discover how these trade strategies could impact the avocado supply chain and the broader U.S. economy. Explore the multifamily lending landscape and potential risks of foreclosures. Unpack the relationship between soaring interest rates and inflation while analyzing distressed properties versus traditional markets. Plus, don't miss the lighthearted banter about the Super Bowl and life choices, blending humor with real estate insights!
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Tariff Negotiation Analogy
- Jay uses a Chick-fil-A sauce analogy to explain Trump's tariff negotiations.
- Trump demanded 10,000 Mexican troops, like Biden did earlier without threats, making Trump's approach seem excessive.
Mexico: A Bad Trade Partner?
- Jay questions Trump's claim of Mexico being a bad trade partner.
- He points out the existing trade agreement, signed by Trump, seemingly contradicts this claim.
Coffee Price Insight
- Jay highlights the rising coffee prices despite no Colombian tariffs.
- He argues this demonstrates the negative impact of tariff threats on consumer costs.