Wealth is created with compound interest, making your dollar work for you. Dan Amerman talks with Jason Hartman about understanding, The Homeowner Wealth Formula. Dan says, “one way at looking at the mortgage is that it’s a short against the dollar.” The primary question; is your home an investment?
You don’t need a booming housing industry to make money, just a good strategy. Ken poses the question, when the dust settles, which businesses will still be standing, and where will the concentration of people be? Jason Hartman predicts a strain on the housing supply in the not-so-distant future as he postulates that few will be incentivized to get rid of a home loan with such historically low-interest rates.
[2:00] How much has life changed in the recent 10, 20 years?
[3:30] The tech companies are likely to be broken up.
[5:00] You can make money in any environment if you adjust your strategy.
[10:00] Ken’s tips on how to find deals and evaluate them.
[16:40] Definite move from retail to housing.
[22:00] There is obvious truth of an asset shortage – as in bidding against 45 other buyers.
[31:10] City/State revenue comes from Taxpayers. There is a potential for cities to file bankruptcy.
[37:45] The bubble ‘should’ve popped’ already, but ‘they’ can keep kicking the can down the road.
[41:25] “I still think there is going to be a crash; it’s just being propped up with money which is going to create inflation.” -McElroy
[43:20] Jason predicts a future strain on housing supply because of so many home purchases with historically the lowest interest rates ever.
Bob Pinnegar, CAE, is the President and Chief Executive Officer of the National Apartment Association (NAA), the leading voice and premier resource for the rental housing industry. Jason Hartman interview Bob Pinnegar to discuss real eviction numbers and the possible expansion of Section-8. How have construction costs made it impossible to build new starter homes? How will the US residential and commercial picture change? Will it merge? Or will it move away from all norms?
[2:25] Have there been evictions, have there been non-payment issues?
[7:00] Will we see an expansion of Section-8, or a newer rental assistance program, or possibly UBI?
[11:00] 70 Billion in unpaid rent is expected, but what is the standard for unpaid rent?
[13:30] The construction costs make housing affordability impossible to build.
[16:30] Our refusal to deal with housing problems has caused a change in urban communities.
[19:00] Will major urban areas continue to have mass appeal?
[20:00] Shopping malls have been redesigned into a lifestyle center?
[21:20] Rental housing will still be largely in demand.
Jason Hartman discusses the 12 days of Christmas with one caveat: inflation adjustments! First, let us all rediscover the true meaning of Inflation. This year, Inflation for the 12 days of Christmas has some peculiar changes, thanks largely to social distancing. Will we get a second stimulus? If so, how much will it be? Does your investment produce income? If not – it’s probably not an investment.
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Jason Hartman talks with Dan Ferris, the editor of Extreme Value and host of the Stansberry Investor Hour Podcast. Dan and Jason speak on subjects ranging from the broad economy to some of the conspiracy theories that might be ignored a little too much. Understanding the government’s role in the shifting economy and what the Fed is doing with each dollar can help one understand whether or not we are in a bubble. As well, how long can the stimulus work before it has no effect?
Land, gold, and art OR stocks, bonds, and cash? “You need to learn to preserve wealth outside the financial system,” Ferris said. Ferris and Hartman go in-depth discussing diversification and its importance versus playing it safe with multi-dimensional assets. Inflation, don’t predict it, prepare for it.
[2:00] Would our founding fathers have been called “conspiracy theorists with tin foil hats?”
[5:00] The government wins every election.
[6:00] Where is the economy going?
[7:45] The Fed doesn’t buy securities because they are saving up for retirement.
[11:15] Why might the stimulus stop working so efficiently?
[15:00] “This is the most insanely overvalued market in all of history.” – Ferris
[18:00] Nit-picking on Warren Buffet.
[21:00] Let’s talk about Bitcoin, Gold, and Silver.
[23:10] “Bitcoin is the hardest currency on Earth.” – Ferris
[30:00] Bitcoin, is 11 years long enough for people to start accepting it for commerce?
[32:45] Inflation is coming!
[34:00] Will there be a great reset?
[35:00] Don’t predict, prepare.
[36:45] Land, gold, and art OR stocks, bonds, and cash?
Jason Hartman invites you all to put on your tinfoil hats in preparation for this interview with George Gammon exploring some topics often considered economic conspiracy theories. George, a regular visitor on our show, brings you some unsettling details outlining the great reset and the repo market. How are communism and capitalism connected? How far will artificial intelligence infiltrate into our every day lives?
In part two of this discussion, George Gammon talks with Jason Hartman, further illustrating some of the truth behind global conspiracies. George states that more data produced by the free market capitalist economy is needed to understand and accurately control pricing. What are we trading for green energy?
[2:15] Let’s put on our tinfoil hats for a moment.
[3:30] What is the repo market?
[9:40] “A trillion a day keeps the economic consequences away.” -Jason
[11:40] This great reset has been talked about since 2016 or earlier. Conspiracy theory?
[14:15] EVERYTHING shall feed into the central computers.
[17:45] George goes deep into artificial intelligence.
[21:00] Is communism the next stage of capitalism?
[23:00] Big government is great for the inner circle.
[24:15] Price signals help you allocate resources efficiently.
[25:30] We need all of the data that is produced by the free-market capitalist economy.
[26:10] George explains the benefits of a central bank digital currency.
[28:50] The digital currency that wins the game is the one backed by the government.
[31:00] The possibility of digital currency backed by the government puts an overwhelming amount of control into the government’s hands.
[34:30] People generally revolt against their inability to eat, not having freedom stripped away.
[37:40] Is there a chance that we can sustain our current lifestyle if we move to green energy?
[39:45] Is green energy a trade-off or a solution?
[43:45] How can we compare today to how unemployment was measured during the great depression?
[46:00] Own a little gold, maybe some bitcoin, definitely have a 30 year fixed mortgage.
Jason Hartman speaks with returning guest, Doug Casey of Casey Research. The often controversial author of many books including, The International Man, is asked about what he expects after this election. Casey shares views on anarchism, the civil, non-violent version, as well as the reasons he intends to leave Aspen, Colorado.
Casey also weighs in on the election and the possibility of a cultural revolution. Covid-19 can and will affect the dollar, and real estate taxes, particularly those in big cities. Finally, Casey shares his views on Trump of Biden.
[2:30] The “left” has the voice.
[3:00] Aspen, Colorado, is being inundated with wealthy people from NY and California – the perfect time to bail.
[5:30] Casey breaks down the differences between civil war, coup, and a secession movement.
[8:45] What’s the civil side of anarchism?
[11:20] Thoughts on privatized prisons?
[14:00] Let’s talk about the election!
[15:00] Is the US facing a veritable cultural revolution, similar to that of China 1966-1976?
[17:00] If you own property in big cities, expect real estate taxes to rise even further.
[18:30] “The dollar will be like toilet paper.”
[26:00] Why Trump or Biden?
[28:15] Nobody wants to see the US break up on his watch.
Jason Hartman talks with author, Ken Van Liew, to find out what has changed in wealth building in modern times. Ken and Jason talk about investment opportunities away from high-density cities. They also discuss a few commercial real estate sectors, including converting commercial to residential, what might come of malls, and growth in the need for self-storage.
David Sussman, Founder and CEO of Valcor Worldwide joins Jason Hartman in discussing insights into what is going on with small-medium sized business, real estate, and the impact of COVID-19. David suggests that mainstream media has narrowed its focus on Coronavirus and the 2020 election; meanwhile, it hasn’t covered much to any of the potential economic tsunamis we face. Like lungs, our economy breathes in and out, and we are a few years late to our regularly scheduled recession.
[2:45] The mainstream media can only focus on one or two top stories at a time, the pandemic, and the 2020 election. David predicts a possible economic tsunami headed our way, a story the media cannot currently focus on.
[6:10] Warehouses and industrial real estate spaces are increasing.
[8:45] 67% of employees in the country rely upon the 32 million small US businesses.
[13:00] Small retail is dying, especially in bluer states.
[16:45] What kind of financing is available to small businesses (2020)?