594: Tips on Finding Deals, Housing Collapse or Boom? Ken McElroy - a podcast by Jason Hartman talks to Joe the Plumber, Janice Dean, Bernard Kerik, Senator Byron Dorgan, Daniel Flynn, Susan Crawford, Navy SEAL Team Six, G. Edward Griffin, Craig Hulet, Gerald Celente, Matthew Stein, Steven Greenhut, Charles Goyette, John Perkins, C
from 2021-03-12T17:00
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.
Key Takeaways:
[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.
Websites:
1-800-HARTMAN
Further episodes of Holistic Survival Show - Economic Crisis