Creating Wealth Real Estate Investing with Jason Hartman - 1574 FBF: Single Family Residential Property Investing with Jason Hartman and Kerry Lutz of the Financial Survival Network

1574 FBF: Single Family Residential Property Investing with Jason Hartman and Kerry Lutz of the Financial Survival Network

10/16/20 • 41 min

Creating Wealth Real Estate Investing with Jason Hartman

Previous Episode

1573: Affordable New Homes Shortage Drives Inflation, Senior Fellow at Consumer Federation of America Barry Zigas, Part 2

Americans are in the entrepreneurial spirit. Jason Hartman shares his daily economic update, including figures from the IMF of advanced and emerging economies in 2020, moving to 2021. As well, gold, what’s the standard?

Barry Zigas joins Jason Hartman to discuss student loans compared to home loans. Is this similar to a problem we’ve seen in the recent past? How does the shortage of affordable new homes drive inflation?

Key Takeaways:

[1:45] Americans are starting new businesses at the fastest pace in a decade.

[6:00] Get the government out of the way and allow for creative destruction.

[12:00] IMF says that advanced economies are down 5.8% in 2020, but where will it go next year?

[17:00] How does gold influence inflation?

Barry Zigas - Part 2

[21:00] Student loans compared to home loans, is this a perpetual problem?

[24:00] There’s a tremendous shortage of affordable new homes to buy, which is part of what’s driving inflation.

[27:20] San Francisco, what caused its high prices throughout history, and will that change from COVID-19?

[34:00] COVID-19 has employment implications, which will translate to housing implications.

Websites:

zigasassociates.com

consumerfed.org

PandemicInvesting.com

JasonHartman.com/Ask

JasonHartman.com/Start

JasonHartman.com/Recordings

JasonHartman.com/Asset

JasonHartman.com/Webinar

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Next Episode

1575: FICO Scores All-Time High, Foreclosure Crisis or Not? Rick Sharga, RealtyTrac

FICO scores have hit a record high, but is a perfect FICO score the best situation? Jason Hartman discusses FICO scores along with vacancy rates. What looks the best may not be the best.

Rick Sharga, Executive Vice President of Marketing at RealtyTrac, talks with Jason Hartman about forbearances and foreclosures. Does one lead to the other, and how will this differ from the great recession? How has COVID-19 changed how millennials approach renting vs. buying?

Key Takeaways:

[1:25] You are assisting with a fundamental economic concept called price discovery.

[3:00] FICO scores hitting a record high?

[5:00] Do you want a perfect credit score or an ideal vacancy rate?

[12:30] Let's compare rent decreases of two-bedroom units.

[16:50] Number of homes on the market is down 39%.

Rick Sharga

[18:00] Everyone is asking, "is Covid going to cause a housing crash?"

[19:00] Covid has not slowed down the housing market even a little bit.

[20:45] The pandemic accelerated millennials' trend to stop as urban renters and move to a place of homeownership.

[28:30] The 2006 median price home was $650 more expensive than the median price home today, adjusted for interest rates and inflation.

Websites: