Wed, 5 January 2022
1787: Building Industry, Housing Shortage, Labor Shortages, Reflexivity, George Soros, Mortgage Data, Rental Increase, Construction Costs, Ed Brady of the Home Builders Institute
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Today Jason is headed to Houston to speak at Rebel Capitalist LIVE with George Gammon. But before he goes, Jason talks to Ed Brady of the Home Builders Institute about the building industry and its peripheral issues like housing and labor shortages, mortgage rates, and some of the challenges they are facing. He also has one of his many predictions involving home owners with super low mortgages rates and the price of construction materials.
He also gives some staggering numbers: nearly 40% of homes in the US are PAID OFF! The average home has had a 57% increase in equity- year on year! How does that affect you? Find out on today's episode!
Also, make sure to download the latest version of the Hartman Comparison Index, which contains updated information, which will give us good guidance on what to expect this year. See link below.
2:13 Predictions delayed, predictions half-baked
3:38 A foretaste of things to come
5:19 Increase in equity year on year
7:49 Homeowners and hoarders, renovations BOOM
9:18 A housing bear, reflexivity and George Soros
11:16 Off to Houston for Rebel Capitalist LIVE
13:02 Sign up for the CREATING WEALTH VIRTUAL LIVE conference today!
14:49 Welcome Ed Brady
15:56 The problem with affordability
18:54 Aging construction workers
21:04 Manufactured Homes
25:00 Solving the labor shortage
28:18 COVID related problems, a breakdown
30:10 Affordability problem
33:54 Financing homes, credit scores and the racial disparities
37:11 Home ownership is not for all, income property is
38:51 FICO and financial literacy and COVID
The Millennial generation has been called the "BOOMERANG generation"- Jason Hartman
We need to expand opportunities for training and labor- Ed Brady
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
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Direct download: CW_1787_CW_AIPIS_HI_-_Home_Builders_Institute_Ed_Brady_v1.mp3
Category:general -- posted at: 2:17pm EDT