The first place prices are likely to drop is urban places in more inexpensive homes as they go underwater from variable rate loans. This will likely cause more homes to go underwater and then more people to go bankrupt. The next place to look for houses going underwater would be more remote places where it becomes too expensive for people to drive there much. This reduces tourist business those places from the price of gas and food and this then sends local economies (especially those dependent on tourist dollars into a financial tailspin). This then causes home prices to drop because people aren't visiting those areas or visiting restaurants or hotels or other recreation places because there isn't money coming in locally from tourism.
Also, places in the northeast will likely be really affected now because Canadian tourism has dropped 35% because of Trump being so crazy to Canada:
begin quotes:
Canadian
visitation to the U.S. has experienced a sustained, sharp decline since
Donald Trump's return to office, with overall visitation down 35% as of April 2026
compared to 2024 levels. The downturn is widely linked to trade
tensions, tariffs, and a voluntary boycott by Canadians, with some
researchers noting a steeper 42% plunge in visits specifically to U.S.
metropolitan areas.
Key Data on Canadian Tourism Decline (as of 2026):
- Total Decline: Overall Canadian travel to the U.S. is down 35% compared to March 2024.
- City Impact: Visits by Canadians to major U.S. cities have crashed by a median of 42%.
- Road vs. Air: Automobile trips have dropped by 33.7%, while air travel decreased by 15.3%.
- Boycott Impact: Approximately 60% of Canadians reported that U.S. government policies and rhetoric made them less likely to visit.
- Regional Damage:
Some border-area cities and top destinations, such as Myrtle Beach,
S.C., experienced dips exceeding 65% in Canadian visitors, according to
2025-26 data.
The
decline has significantly impacted the U.S. economy, with projections
estimating a $5.7 billion loss in international tourism spending for
2025 due to plummeting Canadian and Mexican visitation.
Canadian visitation to the U.S. is down 35% since President ...
Apr 14, 2026 — Canadian
visitation to the U.S. is down 35% since President Trump returned to
office—dealing a massive, sustained economic blow to...Canadian visitation to the U.S. is down 35% since President Trump ...
Apr 13, 2026 — Canadians
are skipping U.S. vacations — and it's starting to sting the American
economy. A new report from the U.S. Travel Associa...Staggering Drop of Canadian Visitors to U.S. Cities Under Trump Revealed
May 11, 2026 — Sign
Up for The Swamp Newsletter. Visits by Canadians to major U.S. cities
have crashed by a staggering 42 percent during Presiden...
AI can make mistakes, so double-check responses
8 days ago — The U.S. Travel Association last year said a 10 per cent drop in Canadian tourism would cost the American economy about $2.1 billion US. If ...
May 11, 2026 — Visits by Canadians to major U.S. cities have crashed by a staggering 42 percent during President Donald Trump's second term, new research ...
S. have dropped by 33%, while air travel from Canada has decreased by 22%. This marks the sixth consecutive month of decline in Canadian ...
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