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).
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.