Leah Kelvin
Active member
Real estate can be influenced by politics. Taxes, zoning and economic development which are government policies may directly affect prices, availability of property and general market trends. The real estate market is also influenced by political instability and uncertainty through inflation rates changes in interest credit availability. For instance, if there’s an abrupt alteration of the government regulations around real estate taxes and incentives it can have a direct effect on cost for buying or selling properties as well as lead to different supply-demand balances for various types of properties. Moreover changes in political climates may affect overall economic health & growths of particular regions which can send shockwaves throughout localities’ housing markets too
