Mon, 26 March 2018
CW 979 - Foreign Money in US Real Estate, a Historic Housing Shortage, & Why Regulation Helps Big Companies
Jason Hartman goes solo in today's episode, as he breaks down the flow of foreign money into the US real estate market and which states have benefited the most from that influx. He also explains why big business secretly loves some regulation, the shrinking of the welfare state (no matter how minimal it is), whether we're seeing signs of an economic letup, and more.
[4:02] Some stats on foreign buyers of US real estate from the National Association of Realtors
[8:42] How much real estate investor money is coming in from some of the top countries like China, Canada & the UK
[10:45] Which states have benefited most from foreign money recently?
[13:12] There is, no surprise, a housing shortage going on right now
[17:32] 1984 is coming true, but not the way we all expected
[21:02] Why big companies secretly want more regulation
[25:41] Are there any signs of an economic letup?
[29:37] The welfare state is getting reigned in a little bit
[34:31] Households are dedicating 10% of after tax income at a lower rate than 5 years ago