As A Government Shutdown Looms, Here’s How CRE Could Be Impacted

December 20, 2024 / no comments

With the federal government heading toward a possible shutdown ahead of the holidays, it could spell trouble for travel and a range of federal services that impact the economy and the real estate industry. 
The situation has become dire late this week as the House of Representatives needs to pass its stopgap spending bill by midnight on Friday. House leaders were close to passing a bill on Wednesday before President-elect Donald Trump and influential billionaire Elon Musk publicly opposed the bill, leading many Republicans to follow suit.
The House rejected a new Republican proposal Thursday, with nearly all of the Democrats and 38 Republicans turning it down, The New…