Are we on the brink of a housing market crash? Think again! Jason shows you why it’s different this time. We shouldn't have to rely on anything extraordinary happening to get a good return on investment. Putting our hopes, dreams and hard earne…
Are we on the brink of a housing market crash? Think again! Jason shows you why it’s different this time. We shouldn't have to rely on anything extraordinary happening to get a good return on investment. Putting our hopes, dreams and hard earned money into Ponzi schemes such as the stock market or high flying cyclical markets is a risk.
Real estate is a fantastic investment vehicle, as it is a need based commodity and a multidimensional asset. Jason shows you how to evaluate the true affordability of home prices today amidst constant news of soaring prices, out of control inflation and the current housing bubble.
Jason offers some interesting insights that very few people are talking about when it comes to the housing market, and what we should do as investors.
Most people think, of course, real estate is highly overpriced. And that's because, they're only comparing it to one thing: US dollars. That is an incomplete way to measure. If you look at housing affordability over time, you see that it has fallen, and it's not as good as it used to be in some cases. But it's much better than it's been throughout a lot of times in history.
The real estate bears and crash bros out there think the market is about to crash, but think again because it's not coming soon. Jason shows you why it’s different this time based on the health of consumers.
0:00 Housing is the most essential business in the world
1:20 Why don't solar factories run on solar power?
2:27 Uber and Lyft are now facing the reality of being a real business.
2:40 Silicon Valley Ponzi schemes - businesses are built not on fundamentals, but on raising money
5:53 Generation gap - someone who turned 30 in 2020 is likely to have only about 1/7 of the net worth of someone who turned 30 in 1990
7:05 Wall Street robber barons and tech moguls have ripped off the world
8:20 Housing affordability
9:54 Median home price has risen dramatically
14.01 Home price affordability for the medium priced home back in June of 2007
16:07 Measuring consumer health and why there is no housing crash around the corner
18:49 The world has a people shortage
23:29 Applying the shortage of people to the labor market
24:35 Tight labor market means inflation nation
26:47 Bankruptcies and foreclosures during the Great Recession
27:58 Currently, foreclosure activity is insignificant
30:05 National Association of REALTORS housing inventory report
