Gary Beasley, CEO and Co-Founder of Roofstock, says that the new policy could benefit passive homeowners -- those that own real estate as an investment -- and prompt builders to construct properties for rent.
For full interview [click here](https://cheddar.com/videos/tax-reforms-impact-on-real-estate).
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
