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Executive Managing Director at Newmark

With the Presidential election less than a month away I’ve leveraged the power of ChatGPT to help analyze the effects of each candidate’s economic plan on businesses who lease/occupy space. This post is not meant to turn into a political debate, but simply a concise review of the likely effects to tenants. You’ll see more from us in the coming weeks as we get closer to the election.  Both Kamala Harris' and Donald Trump's economic policies would have varied impacts on tenants in commercial real estate. Harris’ policies are generally more favorable to small businesses, workforce development, and sustainability, though they come with higher labor and compliance costs. Trump’s policies favor lower taxes, deregulation, and business expansion but may introduce volatility in trade and energy costs, which could affect certain sectors.

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Jeff Heaton, SIOR

Executive Managing Director at Newmark

2mo

Thanks Chris. I found it interesting how unbiased AI is on the issue, especially with so much hyperbole to be found online.

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Christopher Root, CHMM

Regional EHS Manager for PPC Flexible Packaging

2mo

Great perspective

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