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).
Thousands of Los Angeles city employees, including sanitation workers, lifeguards and traffic officers, walked off the job Tuesday for a 24-hour strike alleging unfair labor practices.