Jason Hartman talks with Jim Richards, author of The New Great Depression. Jim shares his discoveries about the lockdown, the stock market's influence, and asset bubbles vs. asset inflation. 

Jim Rickard's Book: The New Great Depression

Key Takeaways:

[3:20] You cannot understand The New Great Depression without looking into the pandemic. 

[4:00] "What I discovered was that the scientists don't agree with each other."

[10:25] Have the lockdowns killed more people than they have saved?

[16:00] The stock market no longer bears any relation to the real economy. 

[20:00] Did the lockdown cause a pent up demand?

[24:00] Asset bubbles or asset inflation?

[25:35] What causes inflation? 

[28:45] Your Keynesian multiplier works up to a debt to GDP ratio of about 90%.

[33:20] Why buy gold and silver if you're not afraid of inflation?

[36:25] Bitcoin, will it ever have a chance of being a global currency or taking over the dollar?

[44:00] Millions of people are migrating out of major cities; where are they going?

Websites:

jamesrickardsproject.com/

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Investment Counselor Adam talks to one of the lenders in the Jason Hartman network about what's going on with interest rates these days. People are locking rates below 3.5% on properties $100,000 and up! With rates being at a historic low, what is the timeline on closing a deal?

Website:

www.JasonHartman.com/Properties

New Year, New Goals, Same proven asset class! Jason Hartman invites you to celebrate with him another fantastic year of prosperity for all real estate investors practicing some of Hartman’s proven investment techniques. Following the celebration, we must look for the “what next” plan or goal. How do you build your goals? Do you write them down? Do you create realistically achievable goals? 

Contest:

jasonhartman.com/contest

Key Takeaways:

[1:30] Let’s celebrate our prosperous year of 2020 and look forward to another great one to follow. 

[5:00] The Hartman Stimulus Payment CONTEST

[8:45] Be a self-sufficient person.

[10:00] 80% of Americans do not have goals, and even fewer have written them down. 

[10:40 New Years’ Resolutions are so cliche. 

[12:15] A goal should be just out of reach but not out of sight. 

[15:20] The Winner of the 5-Year Plan Video Contest

[15:40] Winner, Michelle, laid out how she and her family intend to achieve their income property goals. 

[21:20] It’s the kind of person we become just by trying. 

[22:00] SMART Goals

[23:00] Smartsheet from monday.com

[26:50] Balance out your portfolio. 

Websites:

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Bob Pinnegar, CAE, is the President and Chief Executive Officer of the National Apartment Association (NAA), the leading voice and premier resource for the rental housing industry. Jason Hartman interview Bob Pinnegar to discuss real eviction numbers and the possible expansion of Section-8. How have construction costs made it impossible to build new starter homes? How will the US residential and commercial picture change? Will it merge? Or will it move away from all norms? 

Key Takeaways:

[2:25] Have there been evictions, have there been non-payment issues? 

[7:00] Will we see an expansion of Section-8, or a newer rental assistance program, or possibly UBI?

[11:00] 70 Billion in unpaid rent is expected, but what is the standard for unpaid rent?

[13:30] The construction costs make housing affordability impossible to build. 

[16:30] Our refusal to deal with housing problems has caused a change in urban communities. 

[19:00] Will major urban areas continue to have mass appeal? 

[20:00] Shopping malls have been redesigned into a lifestyle center?

[21:20] Rental housing will still be largely in demand. 

Websites:

naahq.org 

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN