REIS Looks at its Impact on Commercial Real Estate
The Tax Cuts and Jobs Act is upon us. There are a number of provisions that will impact the commercial real estate
industry. Below, we outline what is most germane for commercial real estate with the caveat that the details laid out
here are preliminary assessments.
We also rank the top 82 U.S. metros by the ratio of tax filers that itemize deductions along with other apartment market
statistics to highlight the metros that are likely to face the greatest risk of home value declines as well as the highest
increase in apartment demand as people choose to delay buying a home and move to locations with reasonable
rents and sought after amenities. In short, suburban markets in the Northeast U.S. are likely to see higher apartment
demand and lower home values in the coming years.
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