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).
Tapestry, the parent company of luxury handbag Coach and Kate Spade, agreed to buy Capri Holdings, the owner of fashion brands including Michael Kors, Versace and Jimmy Choo.