Mr. Shishir Baijal, Chairman & Managing Director, Knight Frank India
“A great amount of global uncertainty on account of the US elections is now put to rest. We look forward to the new President to further strengthen the bi-lateral relations with India and for the trade to grow to new heights.
The uncertainty in the US economy that will prevail till the new policies are formalised and laid down could spur increasing amounts of interest from the cross border real estate investors into markets such as Australia, Japan, Europe and India.”
N Chandramouli, CEO, TRA
Trump Victory: How does it affect brand America?
“The Trump victory directly has an impact in a way the world views Brand America – a place which was synonymous with progressive thinking, modernism, equality and innovation. Trump’s election win is being seen akin to an American Brexit – because his election rhetoric has been vitriolic, misogynistic, hateful, racist and often dystopian. If Trump wins, claimed Joe Biden, in his pre- election talk, that it would be the dumbing down of Brand America. It is indeed true – the attractiveness of this county as an aspirational destination has gone down several notches. The sentiment is also reflected in the fact that more Americans goggled ‘How to immigrate to Canada?’ after his win. Perhaps this US election outcome will result in a new world order where America is not at the top of heap.”
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