Fri, 12 March 2021
Wealth is created with compound interest, making your dollar work for you. Dan Amerman talks with Jason Hartman about understanding, The Homeowner Wealth Formula. Dan says, “one way at looking at the mortgage is that it’s a short against the dollar.” The primary question; is your home an investment?
Books: The Homeowner Wealth Formula
[1:30] Is your home an investment or an expense?
[3:30] How can we better understand these home price indices?
[7:10] The results of the exhaustive research are incredibly positive. Find out more.
[9:20] “One way at looking at the mortgage is that it’s a short against the dollar.” -Amerman
[14:00] The number one historically proven method for creating wealth over the centuries is compound interest. How does this relate to inflation?
[21:00] A lot of government programs are “shell games.”
[24:00] We do expect a wealth transfer from boomers to up and coming generations.
Fri, 5 March 2021
You don’t need a booming housing industry to make money, just a good strategy. Ken poses the question, when the dust settles, which businesses will still be standing, and where will the concentration of people be? Jason Hartman predicts a strain on the housing supply in the not-so-distant future as he postulates that few will be incentivized to get rid of a home loan with such historically low-interest rates.
[2:00] How much has life changed in the recent 10, 20 years?
[3:30] The tech companies are likely to be broken up.
[5:00] You can make money in any environment if you adjust your strategy.
[10:00] Ken’s tips on how to find deals and evaluate them.
[16:40] Definite move from retail to housing.
[22:00] There is obvious truth of an asset shortage - as in bidding against 45 other buyers.
[31:10] City/State revenue comes from Taxpayers. There is a potential for cities to file bankruptcy.
[37:45] The bubble ‘should’ve popped’ already, but ‘they’ can keep kicking the can down the road.
[41:25] “I still think there is going to be a crash; it’s just being propped up with money which is going to create inflation.” -McElroy
[43:20] Jason predicts a future strain on housing supply because of so many home purchases with historically the lowest interest rates ever.