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Stock impact report

The real estate industry is gearing up for Trump 2.0 — ‘opening the financial spigot will help the industry as a whole,' top CEO says [Fortune]

Tri Pointe Homes, Inc. (TPH) 
Last tri pointe homes, inc. earnings: 4/23 04:05 pm Check Earnings Report
US:NYSE Investor Relations: tripointegroup.com/investors/overview
Company Research Source: Fortune
two years of depressed existing home sales —and more recently, hesitation among buyers and sellers amid mortgage rate volatility before the presidential election. In an interview with CNBC yesterday, Bauer explained that the demand for homes is there. Everyone wants a place to live, after all; the issue is supply. The incoming administration could mean good things for the housing world, in his mind: from corporate taxes, to regulation, to mass deportation. Still, a lot of what hampers building comes from land-use control at the state and local level, particularly in high cost-of-living states such as California There are a lot of unknowns, Bauer explained—and yet there is one thing we can expect, and that has to do with the corporate tax rate. “The corporate tax rate is going to remain flat, or go down,” he said. “So, that's a positive.” Then there's regulation. Republicans and deregulation are almost always inseparable, so another Donald Trump presidency could give rise to thos Show less Read more
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