Real Estate Called Out

← Real Estate Called Out9 mrt · 18 min

Paid Testimonials, Gift Cards & a 3.5 Hour Drive: What Really Happens When You Fight Big Money at the Capitol

Paid Testimonials, Gift Cards & a 3.5 Hour Drive: What Really Happens When You Fight Big Money at the Capitol9 mrt18 min

What happens when a Silicon Valley company offers homeowners $50 Amazon gift cards to submit favorable testimony to a state legislature, and doesn't disclose it? I watched it happen in real time. In this episode, I'm telling the full story of the day I drove 3.5 hours to the Pennsylvania State Capitol to testify in support of HB 2120, a bill that would require home equity investments (HEIs), also called shared appreciation agreements or home equity sharing agreements, to be regulated as mortg...