Byron and Nicole discuss the flaws in California’s new potential law which makes it harder for homeowners to sell their house in the first few years of owning it. The second segment addresses housing wealth over the last decade and how to make a greater profit. Lastly, the duo praises Walmart for deciding to join the real estate game.
Racket 1: California is looking to release a law that taxes house flippers 25% of their profit
https://www.latimes.com/business/real-estate/story/2022-03-10/assembly-bill-would-tax-housing-speculation-flippers
Racket 2: housing wire homeowners gain $8.2 trillion in housing wealth over 10 years
https://www.housingwire.com/articles/homeowners-gain-8-2-trillion-in-housing-wealth-over-10-years/
Racket 3: Walmart is opening Mortgage offices in their stores
https://www.housingwire.com/articles/inside-the-walmart-mortgage-deal/
Racket 1: California is looking to release a law that taxes house flippers 25% of their profit
https://www.latimes.com/business/real-estate/story/2022-03-10/assembly-bill-would-tax-housing-speculation-flippers
Racket 2: housing wire homeowners gain $8.2 trillion in housing wealth over 10 years
https://www.housingwire.com/articles/homeowners-gain-8-2-trillion-in-housing-wealth-over-10-years/
Racket 3: Walmart is opening Mortgage offices in their stores
https://www.housingwire.com/articles/inside-the-walmart-mortgage-deal/
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