Agents of Behemoth

Congress invests more cash in real estate than any other industry. The coronavirus stimulus package gives massive tax breaks to real estate investors.

Premier Christy Clark promised to rein in the contract-flipping practices earlier this spring.

She said "pure, naked greed" is driving real estate agents to flip a property multiple times at higher prices before a deal closes, allowing agents to continue making commissions while buyers avoid paying the property purchase tax.