In this engaging episode, we have the privilege of hosting Jason Hartman, an esteemed expert in the field, who shares his valuable insights on the current state of the real estate market amidst concerns of a potential recession. Jason dives into the topic, addressing the fears and uncertainties surrounding the economy and interest rates.
He offers his unique perspective on the future of real estate in this environment, delving into the challenges posed by high interest rates and their impact on housing demand. Jason highlights the potential decrease in demand and the associated demand destruction caused by these circumstances.
With an astute understanding of the global economy, Jason discusses the symbolic nature of today’s economic landscape, where currencies are often backed by nothing more than illusions. He sheds light on the intricate dynamics at play and provides thought-provoking insights into the implications for the real estate industry.
Tune in to gain a deeper understanding of the current economic climate and how it may affect the real estate market. Jason’s expertise will guide you in navigating these complex waters and help you make informed decisions for your real estate ventures.
HIGHLIGHTS OF THE EPISODE
00:23 – Guest Introduction & Background: Jason Hartman
01:43 – The Reality of Our Economy
02:39 – The US Dollar Is Very Much Backed
08:17 – Refinancing
11:32 – Distressed Seller
14:10 – Stock in Remodeling Business Is a Great Business
17:27 – Market Metaphor: SINK
22:36 – There Are Hardly Any Builders Building Entry Level Homes Because They Can’t Afford to Build Them
26:16 – The US Is Far From Perfect, but It Is Still Doing Better Than Everybody Else
30:58 – Rising Cost of Property Taxes and Insurance
36:27 – No Company or Government Has Asked About Single Family Home Rentals
40:54 – What Do You Think Is Going to Happen With the Interest Rate for the Rest of the Year until Next Year?
44:50 – 3D Printed Homes
49:11 – Closing
Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.
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