Gary Beasley, CEO and co-founder of home-buying marketplace Roofstock, discusses the impact tax reform will have on the real estate market. Overall, analysts expect the tax plan to have a positive influence on the housing market, driving costs down. Beasley anticipates both homebuyers and renters will benefit, which will allow companies like Roofstock, HomeAway, and Airbnb to find success. Beasley also weighs in on the future of cryptocurrency in the real estate market.

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US businesses that rely on Chinese imports express relief and anxiety
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
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