New Bill that could DESTROY Homeownership | The Real Word Episode 213

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/ Connect with Byron: Website: https://byronlazine.com/ Instagram: https://instagram.com/byronlazine?utm_medium=copy_link Twitter: https://twitter.com/ByronLazine TikTok: https://www.tiktok.com/@byronlazine The Real Word: https://www.youtube.com/therealword 5AM Call Sign-up: https://www.5amcall.com/ Newsletter here: https://byronlazine.com/subscribe/ Check Out BombBomb: https://bombbomb.grsm.io/realword Connect with Nicole White: Facebook: https://www.facebook.com/nicolewhiterealtor1/ Instagram: https://instagram.com/nicolewhiterealtor?utm_medium=copy_link #californiarealestate #realestatenews #realestatepodcast