What are the penalties?4:05 How many houses are "flipped" in California?5:30 Tax implications?6:32 Speaking of taxes, what about a Vacancy Tax?7:47 What's the status of housing inventory?9:56 How does this bill fit into NIMBY/YIMBY discussion?13:35 How does this play in different parts of the state?18:00 The response in the Capitol?18:47 The #WorstWeekCAWant to support the Capitol Weekly Podcast? Make your tax deductible donation here: capitolweekly.net/donations/Capitol Weekly Podcast theme is "Pickin' My Way" by Eddie Lang"#WorstWeekCA" Beat provided by freebeats.ioProduced by White Hot