Wed, 21 October 2020
Sean O'Toole joins Jason Hartman today to discuss the next foreclosure crisis? Will it happen, or where will it happen? Sean O'Toole shares his thoughts on the re-ruralization of America. They also discuss Property Radar and the data they’ve uncovered. Where does inflation go? Are we, the U.S.A., more susceptible to the boom or bust outcome because we are the reserve currency of the world? What is iBuyer, and is it any good?
[4:30] We're not expecting a foreclosure crisis as we saw in the recession.
[7:30] "I don't think we'll get back to that price drop. Price drops require a motivated seller."
[10:10] Is this the re-ruralization of America?
[13:30] Is this a black swan or a white swan event? (2016)
[18:00] The inflation always goes to asset price inflation versus consumer inflation.
[20:00] Does the U.S. being the reserve currency of the world make us more “boom and bust?”
[21:00] Is modern monetary theory, MMT, a fantasy?
[26:45] What is Property Radar researching?
[31:00] What is iBuyer?