6 Ways the US National Debt Impacts Real Estate
Edd Hamzanlui The recent passage of the new federal budget bill has put the issue of America’s growing national debt back in the headlines. As of mid-2025, the U.S. national debt stands at approximately $36.5 trillion (about 130 percent of GDP), and debt service costs have now surpassed defense spending. This is not a political analysis, nor is it investment advice. Rather, this column examines how a sustained rise in national debt could affect the U.S. real estate sector (both residential and commercial) if the debt-to-GDP ratio continues to climb....