IMO the longer the trade war can be strung out without going “full blown” the better for RE prices and LYC SP. If and when Xi and Trump go all luvly dovey on each other and have a Peking Duck & Burgers Banquet to sign a trade deal, the current premium is bound to come out of RE prices, but the global economy will be the better for it, markets will go off and sustainable RE demand will naturally increase. If the trade war goes nuclear, nobody wins, Xi will enact his RE threat, RE prices will initially go through the roof and the bubble will burst, more economic alternatives will be sought and demand may never return, while the global economy goes backwards and markets sink, worst possible LT outcome, but you might be able to sell your LYC at the top and make a mozza, just depends if you like that kind of thing
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