The Bisnow Newsroom On What’s At Stake For CRE In Next Week’s Election
The 2020 General Election is now just days away, and more than 64 million Americans have already voted. There is no doubt this election is unlike any other. President Donald Trump, a real estate developer who has had four years in office, is pitching himself for another term as a law and order-focused leader who will put the economy back on track as scores of businesses close and millions remain out of work.
Former Vice President Joe Biden has painted himself as a unifying figure with a plan to steer the country through the chaos of the coronavirus pandemic, with a view for ending the divisions that have fractured the country.
In this episode of Bisnow's podcast, we hear from reporters and editors from California to D.C. to London about what is at stake for commercial real estate and how the businessmen and women of the industry are preparing for what is ahead.
D.C. reporter Jon Banister discusses the candidates' support and fundraising from the industry and dissects the differences between Trump's and Biden's economic policies (1:45 - 16:00).
Managing Editor Catie Dixon talks about negotiations in Congress over a future stimulus package, the money still available in the Paycheck Protection Program and the state of eviction moratoriums (17:00 - 34:00).
West Coast Editor Riley McDermid examines what comes next for opportunity zones and sustainability policy, depending on the outcome of the election (35:00 - 54:30).
UK Editor Mike Phillips reveals what foreign investors are looking for in the highly watched political contest and the effects of the U.S. economy on global capital flows and foreign policy (55:00 - 1:03:00).
Bisnow's podcast, Make Yourself At Home, hears from members of the commercial real estate industry about how they are managing this new reality and gaining insight into their day-to-day approaches. You can subscribe on iTunes, Spotify and Amazon Music.