The tariffs proposed by the current administration could have an impact on the apartment industry. How? In energy cost increases. The tariffs will increase the cost of steel and aluminum used in pipelines and solar projects. This could impact the cost of energy. Also, if we have more plans here in the US using power to produce steel and aluminum, the increased demand could cause increases. While paying attention to politics may not be your hobby of choice, pay attention to the aspect of it. It can impact the cost of energy at your apartment communities.