Once again, single-family investment properties prove to have lasting value – beating out the purported success of commercial real estate. Jason Hartman ponders, will there be a Boxing Day Blues, with pandemic relief packages drying up?
Plagues have always been a part of the human experience, but the seriousness of COVID-19 is rare. Jason Hartman talks with author and professor, Dr. Nicholas Christakis. Dr. Christakis shares bits from his book Apollo’s Arrow: The Profound and Enduring Impact of Coronavirus on the Way We Live. As well, Jason probes Dr. Christakis of the blueprint of a good society – from selections of Blueprint: The Evolutionary Origins of a Good Society.
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Key Takeaways:
[2:30] Single-family home RE beats commercial again. 63 Bed, Bath, and Beyond stores are closing at the end of this fiscal year.
[5:15] 2.3% is the number that represents the number of office building loans converted into mortgage-backed securities that are more than 30 days delinquent.
[8:00] Millions are set to lose those big federal aid programs.
[9:00] The boxing day blues, pandemic relief packages likely to dry up or not?
[10:30] More lawsuits against Facebook!
Dr. Nicholas Christakis
[14:00] Unpacking: Apollo’s Arrow
[15:45] What’s the severity of Coronavirus in comparison to past pandemics?
[18:45] Dr. Christakis debunks some COVID-19 myths.
[22:30] There are two critical epidemiological properties to understand about a virus: the infection fatality rate and the contagiousness (R-Naught).
[27:45] The modern mind thinks science and tech have already solved all significant issues.
[29:15] We are fortunate to be in a period when a vaccine can be made available in real-time.
[30:45] What is “good behavior” for surviving COVID-19?
[34:30] The real estate industry is being reshaped, as it always has in times of pandemics.
[38:00] Talking about Blueprint, The Evolutionary Origins of A Good Society.
[39:50] What’s the forbidden experiment?
[41:45] A perfect natural experiment.
[47:20] That good feeling you get when in the presence of your friends was shaped by natural selection.
Websites:
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