Of all the trends taking place in America, one of the most salient is the 21st Century’s version of the Great Migration to suburbia.
Millions of Americans living in heavily-populated coastal areas are packing up and leaving to the American heartland and Sun Belt largely due to the fallout from the COVID-19 pandemic.
Although COVID-19 has accelerated this trend, people have been moving away from the big cities for some time.
The realities of COVID-19 and the heavy-handed responses of various governments have given people just another compelling reason to move away from the cities.
This is quite the shift in movement of people. It is often forgotten that the 21st-century migration to prominent coastal cities like San Francisco and Seattle was initially driven by job opportunities.
At first, the temptation of six-figure salaries and vibrant social scenes made many coastal urban centers attractive to Americans who desired novel experiences and financial advancement.
However, COVID-19 has changed the whole game. Many people are now fearful of congregating in elevators and mass transit. Overall, people are questioning the idea of living in high-density areas, where diseases and other maladies can spread more quickly.
As a response to the COVID-19 related shutdowns, large portions of the middle class were compelled to transition their daily activities from in person to online. Several examples include relationships on dating apps, working meetings on Zoom, and homeschooling for children.
The home quickly became the center of the universe, as I’ve argued extensively on the Creating Wealth Podcast. People can now open up their laptops from the comfort of their homes and effectively convert their homes into an office.
This makes suburbs an even more attractive alternative for city dwellers. Just think about it, moving to the suburbs means that you have a lower cost of living, increased outdoor space, access to the city, lighter traffic, quieter nights, cleaner air, and a much slower pace to life.
What we’re witnessing unfold before our eyes is the biggest affirmation of the Creating Wealth Podcast’s investment strategy in income properties in linear markets.
Always remember, the US is not a monolithic real estate market. There are roughly 400 different markets in the US, each with their own idiosyncrasies.
We also should not forget the economic uncertainty in the background. Namely, the looming threat of inflation.
Don’t believe the media hype, inflation isn’t going to be transitory. It will be a major factor in people’s economic decision-making in the decade to come.
Lots of people are waking up to the harsh reality that most cities are becoming too expensive, crime-ridden, and crowded. Couple that with a bleak macro-economic picture, and you have a recipe for people to look for greener pastures within the US.
Never forget that shelter is one of the foundational planks of Maslow’s Hierarchy of Needs.
Most people’s economic behavior is guided by primordial instincts.
Put simply, people tend to rely on their emotions when making crucial decisions.
The acquisition of housing is one of those; it’s a basic necessity for humans of all socio-economic backgrounds.
Income property investors can absolutely take advantage of this foundational desire, especially in times when inflation is rearing its ugly head and people are migrating to more linear markets.
Let me introduce you to my friend:
Inflation-induced debt destruction.
Here’s how this entire process goes down.
You first head to your bank to borrow money to buy a property, preferably in a linear market.
Then you rent out the property.
By renting the property, your tenant(s) end up paying the carrying cost on the property.
Over time, you pay the back in depreciated dollars the asset (the income property) appreciates faster than the inflation rate.
You benefit in two ways: Inflation depreciating your debt and commodities’ value rising faster than inflation.
This is one of the next level wealth-building strategies that you can learn at The Collective Mastermind.
Unlike other mastermind groups, The Collective Mastermind is an elite, private club that provides investors the “who” that will grow your wealth to unprecedented levels.
By “who” I’m referring to famous celebrities, big name real estate investors, rock star investors, and big-time political players.
All these guys are ready to advise you, share lucrative business opportunities with you, and build durable relations.
On top of that, you’ll get the chance to meet with this elite club of individuals at posh locations where you will grow your network and potentially forge new business ventures.
However, this opportunity is not open to just anyone.
We are judging applicants based on their investing track record.
This mastermind group is definitely not for the Average Joe.
But if you think you have what it takes to join the ranks of this elite group of entrepreneurs, do apply.
Keep in mind that the clock is ticking.
Our retreat in Scottsdale, Arizona is approaching real fast and spots to the event are limited.
From November 5 to November 7, you’ll get to meet top-shelf entrepreneurs like Ken McElroy, George Gammon, and other surprise attendees.
So act quickly, because the doors to this golden opportunity to meet world-class entrepreneurs in the flesh will be closing fast.
Head to the link below to apply to the mastermind group that will maximize your return on life: