Who wins the US Presidency is likely to impact property in Pune and the countries real estate market as a whole? While some consider Donald Trump’s chances of winning to be slim to none, others disagree and cite BREXIT as an indicator of a global trend where citizens of developed nations are hostile towards globalization which they feel has been detrimental to them.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Who wins the US Presidency is likely to impact property in Pune and the countries real estate market as a whole? While some consider Donald Trump’s chances of winning to be slim to none, others disagree and cite BREXIT as an indicator of a global trend where citizens of developed nations are hostile towards globalization which they feel has been detrimental to them.If the same trends which led to BREXIT are in motion in the US as well, then it may be likely that Donald Trump will take the Presidential Oath in January of next year. affordable projects in Pune While BREXIT was unexpected and the decision of many Brits came as a shock to most, similarly the likelihood of Donald Trump’s election to the white house is today widely considered to be highly unlikely. Donald Trump claims if he is elected he will fight first and foremost for the interests of the American people and not for the interests of foreign or global investors and businesspeople.
Hillary Clinton and her husband worked tirelessly to fulfill the unification of a global community where capital and people more freely across borders, Donald Trump has vouched to bring such practices to an end. Hence while Hillary is perceived to have an inclination towards the fulfillment of a global dream where the world becomes ever more interconnected due to commerce and the free movement of people, Trump is running for office promoting an agenda where he will put American interest above those of any other nation or power bloc. If BREXIT is an indication of a seething backlash against globalization then despite Trump trailing Hillary in virtually every poll, he may still go on to become President of the United States next January. This will impact globalization and many of those who live in top builders in Pune may find themselves unemployed as lucrative jobs move back to the US or another part of the world.
In recent times Trump has backtracked on his tough talk on immigration and has hinted that he may not, in fact, deport millions of illegal immigrants from the US, however, if the rescinds on his promise to bring jobs back to America, his campaign to become president of the US will suffer heavily. Builders in Pune should watch the current presidential campaign more closely than they did the last one as the current campaign has more at stake for them and for demand for new projects in Pune. Many builders and developers in Pune have a significant foreign exposure when it comes to demand for homes from overseas or to acquiring materials and machinery when constructing property in Pune. The benign developments over the past 20 years which have turned Pune from a sleepy town for retirees into an economic powerhouse are the result of the forward march of globalization; a Trump victory could change the fortunes of many in Pune. If Trump wins, stock markets globally are expected to react negatively, if he carries out his promises then the demand for properties in Pune is likely to drop substantially as capital from overseas investors becomes scarce.
Before BREXIT, every poll indicated that the British would remain within the EU; however, they choose to leave it which was a shock to global markets. Nearly all polls in the US today point to a victory for Hillary, yet Americans may surprise us just as did the British. The possibility that American voters are lying in exit polls is a very real possibility and many who claim to stand in Hillary’s camp may, in fact, vote for Trump on Election Day. Expect stock markets globally to react adversely to a Trump victory