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California Lawmakers are again attacking Proposition 13. This time because it is “racist” according to a new study. The Federal Reserve raised the discount rate by 3/4% and 30 year mortgage rates declined slightly. Shadows from the 2007 and 2008 mortgage crisis are starting to show up in today’s real estate markets. We discuss all of this and more on this week’s Real Talk. Real Talk is the Right Side of Real Estate.
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