Market predictions and insane housing shortage!

Today Jason talks about predictions and the perennial 'Bubble' question, cost of monthly housing payments, the Philips curve and the extremely important role the housing market plays in the overall U.S. economy. 

He also interviews Michael Simonsen, founder of Altos Research. Altos Research is the premier resource for real-time real estate data. We provide weekly market statistics, analysis and reporting for 99% of the zip codes in the U.S., helping real estate professionals, investors, financial institutions, and their clients make better-informed decisions.

To view the articles and charts discussed watch the video on Jason's YouTube Channel HERE.

Key Takeaways:

[1:34] Introduction; make sure to subscribe

[2:26] Predictions on "the bubble" and the monthly COST of housing

[4:00] The Philips Curve and the real inflation rate

[5:25] The greater fool theory and the importance of housing

[6:35] Housing: 17.5 % of the U.S. GDP of 2020

[8:08] Insane housing shortage and recommended markets for rental property

[9:19] The total value of the U.S. housing market

[11:54] Housing shortage of 2.5 million units

[13:18] What they are not telling us

[14:17] Generation X and the yearly income of American Home buyers

Interview with Mike Simonsen:

[16:00] Meet Mike Simonsen

[17:12] "Where's the market going Mike?"

[19:42] Where's the data coming from?

[23:26] Median US home list prices, understanding where the market is

[29:00] What does not include?

[30:35] Total homes for sale US- Single Family

[33:00] Low interest rates to further drive housing shortage 

[37:17] Prop 13

Websites:

AltosResearch.com

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Today's Flash Back Friday is from episode 361 first published last Feb 6, 2014.

Listen in as Jason Hartman discusses The Next 10 Commandments of Successful Investing. This keynote speech was taped live at the opening of our 2013 Meet the Masters of Income Property Investing Event at the Hyatt Regency in Irvine, California. With all deference to the Big Guy upstairs, when it comes to income property investing, Jason Hartman realized that 10 commandments simply isn’t enough to cover such an important topic. Not when creating financial independence is at stake.

In order to get the most out of the critical wealth creation information provided in this podcast, it might help some listeners to quickly review Jason’s original 10 Commandments of Successful Investing:

1. Thou shalt become educated: Knowledge is a powerful tool. Do your due diligence and become your own best advisor.

2. Thou shalt have a professional investment counselor: Only invest with investment professionals who stay with you for the long term. Advisors should buy for themselves what they sell, putting their money where their mouth is, and get paid for producing results rather than simply for advice.

3. Thou shalt maintain control: Never leave your financial future in the hands of incompetent, unethical, or greedy brokerage houses, fund managers or corporations. Always be a direct investor.

4. Thou shalt use prudent financial planning techniques: Always invest with your goals in mind (retirement, financial freedom, creating wealth) and abide by your risk tolerance and investing style.

5. Thou shalt not gamble: Be a prudent, long-term value investor, never a get-rich-quick gambler, speculator, or flipper. Invest only in properties that make good financial sense the day you buy them.

6. Thou shalt diversify: reduce risk and maximize returns by investing in several areas, as every market is different.

7. Thou shalt be Area Agnostic™: Only invest with an advisor who is not partial to any one area or investment to avoid a conflict of interest. Don’t fall in love with your home geographical area!

8. Thou shalt borrow to maximize leverage and accelerate wealth creation: Use as much borrowed money and as little of your own money as possible as long as the borrowed money can be repaid by the tenant. Let other people’s money work for you, reduce your risk, and make you wealthy.

9. Thou shalt only invest where there is universal need: No one needs stocks, bonds, or gold but everyone needs a place to live, and with growing affluence around the world, consumption of raw materials will continue to cause upward price pressure on improved real estate.

10. Thou shalt invest only in tax-favored assets: Non-cash write-offs and deductions are money in your pocket and income property offers the best of both.

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Today Jason takes a deep dive into "Market Statistics," based on information from our friends at Altos Research. There will also be an upcoming episode next week with Mike Simonsen, founder of Altos Research wherein Jason discusses more about today's topic.

You can also view the video at Jason's YouTube channel.

Key Takeaways:

[1:45] Market statistics

[2:17] A national perspective

[3:50] The rabbit hole of a seller's market

[5:15] Housing Shortage and MSAs- Metropolitan Statistical Areas

[7:39] A misleading index

[9:35] Beware which data you are using

[11:21] A look at a few of the markets we like: Jacksonville

[13:58] Segmenting the markets

[15:46] Memphis

[16:23] Ocala, Florida

[16:37] Birmingham

[16:53] National inventory on housing market

[18:51] An economy built on a house of cards

[20:14] Shifting to the renter pool

[22:35] Ashley: Why high inflation is still a threat to rich countries

Mentioned: 

Mike Simonsen of Altos Research

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Today Jason talks about an old ad he did before- "Turn your castle into a kingdom" and how it relates to the APPRAISAL PRINCIPLE of "using your equity to its highest and best use."

We also have an amazing client case study with David and Gina Nelson, how doing their homework, putting on the proper mindset and "pulling the trigger" led to an impressive and inspiring growth in their real estate portfolio! Contact us today and start your own real estate investment journey!

Key Takeaways:

[1:24] Turn your castle into a kingdom

[2:38] The Appraisal principle 

[4:00] Return on equity (ROE)

(6:33] Low information investors

[8:26] Your 1099

[9:22] My grade 6 teacher, Egypt and leverage

[11:26] Turn your castle into a kingdom

[13:00] Principle in Appraisal: Use your equity to it's highest and best use

Client Case Study: David and Gina Nelson

[14:20] Meet Dave and Gina

[15:50] Controlling your own financial destiny

[17:44] Trusting our gut and taking the risk

[20:17] Overall experience working with us

[22:42] The 2/10 warranty

[23:44] Old versus new homes

[25:55] Some amazing numbers on the properties

[36:05] Pulling the trigger; it takes a village to raise a real estate portfolio

[39:13] Empowered Investor Inner Circle

Tweetables:

Debt needs to be used responsibly; it's a very powerful tool- Jason Hartman

Give me a lever long enough, and a fulcrum on which to place it, and I will move the world- Archimedes

Websites:

PropertyTracker.com

JasonHartman.com/Protect

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Today's Flash Back Friday is from episode 1077 first published on Oct 31, 2018. 

Jason Hartman takes today's intro to discuss an interesting development with India's Central Bank that has some pertinence to what's going on today between President Trump and the US Federal Reserve, as well as examining why business owners and landlords are two of the most successful classes of citizens.

Then Jason talks with Chuck Hattemer, Co-Founder & CMO at Onerent, about how their technology is changing the property management game. Chuck and Jason discuss the big problems that face investors and renters, and how Chuck aims to solve those problems, including how they're attempting to eliminate vacancy losses.

Key Takeaways:

[4:26] India's Central Bank chief may resign after disagreements with what the government was instructing him to do

[8:10] Wealth and income are now concentrated between business owners and landlords, which is a club becoming harder to join

Chuck Hattemer Interview:

[15:15] What is Onerent?

[19:28] The biggest problem Onerent sees is fragmentation

[25:10] Who is Onerent competing with?

[26:29] The next phase of real estate and what services are coming up in the space

[31:25] The industry is becoming more and more refined and efficient, which should excite investors

Website:

www.Onerent.co

www.JasonHartman.com/Contest

www.JasonHartman.com/Properties

Jason Hartman's Alexa Flash Briefing

The PropertyCast

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Empowered Investor Inner Circle meeting reminder!

We have a zoom meeting for our Empowered Investor Inner Circle members.

December 2, 2021

8pm Eastern or 5pm Pacific Time

www.EmpoweredInvestor.com

Today, Jason defines luck as simply preparedness meeting opportunity, as Earl Nightingale puts it. He also talks about his experience with socio-economic classes, the great wealth transfer via the Cantillon effect and the CPI for billionaires. He also encourages you to visit JasonHartman.com/Protect and learn how you can protect your assets.

He also shares part 2 of his presentation at an Investment Fund Conference in Utah about his brand new index - The Hartman Comparison Index™ - a truly unique way to value real estate. In our daily lives, we constantly compare things to one another to obtain a better understanding of value and we must do the same thing with housing prices; we can’t just measure them in dollars, because the dollar is a moving target and its worth is constantly changing. Listen as Jason compares house prices to commodities historically to help us understand if we really are in a housing bubble. 

Key Takeaways:

[1:55] In harmony with the cycles of nature

[3:29] The Hartman Predictive Index & Forbes Index

[5:34] Lucky breaks and my 4 great mentors: Zig Ziglar, Jim Rohn, Earl Nightingale and Dennis Waitley

[6:30] Mugged at knife point; different socio-economic classes

[8:08] Luck: preparedness meets opportunity

[10:00] CPI for billionaires: The cost of living extremely well

[11:01] 3 ways they manipulate the CPI and seeing the Cantillon effect

[12:43] Get your free report on how to invest in the midst of this pandemic

[13:06] Some items in the Cost of Living Extremely Well Index (CLEWI)

[19:37] Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

[21:26] Don't feel sorry for the rich; follow their lead

Investment Fund Conference Utah Part 2

[22:50] Inflation is a hidden tax and thief and destroys the value of our debt

[26:15] Inflation is the most powerful method of wealth distribution

[28:00] When the government is broke, it becomes predatory on its citizens 

[29:45] People got paid to borrow money with negative interest rates

[33:10] The dollar is a moving target

[35:10] Cyclical, hybrid and linear markets

[38:28] After 50 years, it's still a temporary solution

[40:10] Case-Shiller Home Price Index vs the Consumer Price Index

[42:00] The Real House Price Index: house prices are now 28.6% cheaper than they were 21 years ago

[44:10] Measuring only in dollars is a mistake 

[46:30] The monthly payment is more important than the overall price

Website:

PandemicInvesting.com

JasonHartman.com/Protect

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Today Jason talks about the debt-based asset class, how we should never have the FOMO- fear of missing out when investing in real estate, how to ride the economic storms!

He also shares his speech at an Investment Fund Conference in Utah about inflation, government intrusion and censorship, and why you should use his inflation induced debt destruction strategy to protect yourself from the hidden tax of inflation and the largest wealth transfer we’ve ever seen!

Key Takeaways:

[1:43] Stock vs. Bond market and how it affects real estate

[2:34] Competitive Markets and a deep dive on the Hartman Comparison Index

[4:40] Debt-based asset class and economy

[6:00] Money is LENT into existence

[8:36] FOMO and riding the economic storms

[10:35] Timing the money

[11:57] Tax planning and the two economies

Investment Fund Conference Utah Part 1

[12:50] Welcome Jason Hartman

[13:25] Are we in a bubble? Winning with inflation

[16:30] A background on Jason Hartman

[17:45] The dollar has lost 96% of its value since its inception

[19:50] Shorting the dollar- a very powerful strategy

[22:00] Long term macroeconomic view

[23:03] The two major value drivers: scarcity and utility

[25:45] Tweedledee and Tweedledum

[27:05] Reserve currency of the world

[28:45] "Eat the rich!"

[30:10] The best business plan of governments and central banks

[31:35] Inflation- a thief with an army

[33:45] My favorite four letter word

[35:15] Mortgage payment obligation

[36:05] Joe the plumber and wealth distribution

Mentions: 

Debt: The First 5,000 Years Paperback by David Graeber

The Collective Mastermind with Ken McElroy (and George Gammon)

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Today is a special episode because it is both a Flash Back Friday AND a 10th episode show. It is from episode 650, first published last March 24, 2016.

For decades John Tesh has been entertaining people in all walks of life. He has excelled in live performances, sports announcing, news programs and now in radio on his Intelligence for Your Life TV show, where he shares the mic with his wife Connie Sellecca. He has earned six Grammys, two Emmys and an AP award for his brilliant work. In today’s podcast, John opens up to Jason about his various chosen professions, how he started his new venture and what really lights him up. Find out more about this amazing artist in this 10th episode lifestyle event.

Key Takeaways:

[5:45] Jason gets an email from listeners about autonomous vehicles. 

[20:53] John Tesh works in radio but sitting behind a grand piano is what lights him up.

[26:13] Tesh believes his show is a credible source of information in a sea of opinions.

[28:18] Is it wise to pick a lane or should you choose another path?

[32:39] In today’s world, you can reach your market directly through self-syndication.

[35:38] You can use the “against all odds” biographies of others as a blueprint for your life.

[40:53] Connie and John met at the gym. 

[43:50] Apprenticeship is the best education strategy.

Mentions:

Jason Hartman

Venture Alliance Mastermind

Property Tracker

Property Evaluator

Intelligence for Your Life On Demand

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization

Happy thanksgiving! 

We may have a bunch of problems in our country but we can still be grateful for not waking up in North Korea today!  

He also talks about lessons from the 1970's, the real rates of return, the giant gap in inflation reports and the big lie that "inflation is good for the poor." We also hear from Ashley about the history of Zimbabwe and what lessons it can teach investors about jurisdictional diversification.

Key Takeaways:

[1:23] Happy thanksgiving!

[3:10] Inflation and real rates of return, don't outrun the bear

[4:51] Study the 1970s: Nixon and the big lie

[7:04] Chart: High Inflation & Real Rates: 1981 vs. 2021. Review the previous Dan Amerman podcast HERE.

[8:56] Giant gap in inflation- the bear in the woods is just not true

[11:15] Repeating history

[13:13] Another lie: "Inflation is good for the poor."

[15:46] The poor are worse off compared to the prosperity that's been created.

[17:03] Exalting the benefits of inflation- to the investor class

[18:27] Inflation Induced Debt Destruction (Watch the video HERE) Let inflation benefit you

[20:31] Putting Pandora back in the box

[22:00] The Latin American experience

[22:54] Single's day- Chinese Valentine's Day

[25:53] The Ashley Report: What Zimbabwe can teach investors about jurisdictional diversification

Mentions: 

Chart: High Inflation & Real Rates: 1981 vs. 2021 DanielAmerman.com

Bureau of Labor Statistics

Tweetables:

Those who don't learn from history are doomed to repeat it.

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.

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason’s TV Clips: https://vimeo.com/549444172 

Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect

What do Jason’s clients say? http://JasonHartmanTestimonials.com

Easily get up to $250,000 in funding for real estate, business or anything else  http://JasonHartman.com/Fund 

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com

Guided Visualization for Investors: http://jasonhartman.com/visualization