Realtors as Employees, a MASSIVE Foreclosure, and 3D Printed Homes
- AGENT 1

- Mar 18, 2021
- 2 min read
Last week, the U.S. House of Representatives passed š§āāļø what is known as the PRO Act, a bill š§¾which aims šÆ to empower unions in the 27 āright to workā states and impose the Dynamex ABC š¤ test regarding independent contractor status on the country šŗšø as a whole.
For years, spec developer Nile Niami has teased āThe Oneā 1ļøā£ ā a 100,000-square-foot mega-mansion ā²ļø in Bel-Air š“ that he hoped to sell for $500 million. But his plans are now in peril š±. Niami, known for his brazen personality and wildly ambitious real estate projects, borrowed $82.5 million from Hankey Capital in 2018 to build the extravagant home šÆ. Over the last three years, that debt has ballooned š to more than $110 million, and Hankey wants its money šø.
There's the obvious price tag š· of purchasing a place to live, but houses always come with surprising š² costs like repairs šŖ or down payments. But specific amenities can make homes more expensive to buy in the first place. Insider spoke to an expert about the features that can make a house š” cost more on the market - from location to appliances š½ - as well as about how potential buyers can save money š¤ as they search šµļøāāļø for their dream house.
Prices for new homes are on the rise š . But there's a new kind of home going on the market that some say could change that trend, reports CBS News' Michael George in Calverton, New York. 3D š¶ printed houses āpartially built by a robotic 𦾠construction š system that stacks layers upon layers of concrete š§± from the ground up to create the framework for a new home ā are transforming the speed š and cost š° at which houses are being developed and sold.



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