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Interest rates continue to rise and put a damper on the residential markets. Commercial vacancies in San Francisco and Los Angeles could cause values to drop 30 to 40%. California’s electric grid is strained to the limits with the most recent heat wave but that does not stop the legislature from continuing to ban natural gas. Cancelling student debt will not create more home ownership. 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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