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Assembly bill would tax house flippers, those who sell homes a few years after buying

AB 1771 aims to reduce housing speculation by investors and free up properties for individual home buyers.

United statesSan diegoSan diego countyUniversity of san diegoLos angelesTrisha cortezLori pfeilerKent nishimuraD san diegoSan diego county administration centerCalifornia speculation actAssemblymember chris wardSan diego county administrationBayside driveCorona del marBuilding industry

California Lawmaker Proposes 25% Tax on Real Estate Investors to Level Playing Field – NBC 7 San Diego

There’s a push to pass a law that limits short-term investors from buying up homes and rental properties, then selling them at higher rates.

United statesSan diegoUniversity of san diegoTrisha cortezSan diego councilScripps healthAssemblymember chris wardCalifornia housing speculationDiego council president sean elo riveraAlan ginHousing crisisSan diego housing

Assembly bill would tax house flippers, those who sell homes a few years after buying

AB 1771 aims to reduce housing speculation by investors, free up properties for individual home buyers.

United statesSan diegoSan diego countyTrisha cortezLori pfeilerD san diegoBuilding industry association of san diegoSan diego county administration buildingCalifornia speculation actAssemblymember chris wardSan diego county administrationSan diego economics professor alanBuilding industry associationLondon moeder advisors

In a highly competitive market, one San Diego woman shares her frustrating story of purchasing her first home

"I just didn’t think we’d be able to afford to live here anymore, and I didn’t want to have to leave my home state," said Trisha Cortez.

North parkUnited statesSan diegoSan bernardinoTrisha cortezAssembly member chris wardAssembly member wardCollege areaCounty administrationAssembly memberSan diego economics professor alan ginProfessor ginSaid abdallah

California Lawmaker Proposes 25% Tax on Real Estate Investors to Level Playing Field – NBC Bay Area

There’s a push to pass a law that limits short-term investors from buying up homes and rental properties, then selling them at higher rates.

United statesSan diegoUniversity of san diegoTrisha cortezSan diego councilScripps healthAssemblymember chris wardCalifornia housing speculationDiego council president sean elo riveraAlan ginHousing crisisSan diego housing

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