Outdated property tax laws in several states allow investors to pick up properties for next to nothing, as municipalities sell liens placed on houses owing back property taxes or even municipal bills such as water and sewer charges. Although this practice has been...
A recent report by CNN states that a key tax break designed to help struggling homeowners forced into a short sale or, failing that, foreclosure, may expire at the end of 2012 unless extended by Congress. The possible end of the Mortgage Forgiveness Debt Relief Act of...
Habits have the power to make or break your financial success. Good habits. Bad habits. Habits are a powerful thing and most of us have a bushel full of bad ones holding us back from being all we can be (thank you U.S. Marine Corps). After more than two decades using...
As the dust settles from the Presidential election, trend watchers in all areas of the economy are assessing current conditions and looking to what lies ahead. For the still-struggling housing markets, this means turning attention to factors that may contribute to...
Four years after the start of the housing meltdown that sent millions of homeowners into crisis, the flood of foreclosed homes hitting the market has –temporarily at least – slowed to a trickle. A ready source of relatively low-cost income properties, foreclosures...
“Inflation investing” or income property investing, as Jason Hartman refers to it, can be a tricky concept to understand. To budding income property investors seeking to create financial independence and accustomed to thinking of the idea that debt is bad, it’s...
Tulip mania was a period in the 17th century during which Dutch contract prices for bulbs of the recently introduced tulip reached extraordinarily high levels and then suddenly collapsed. At the peak of tulip mania, in February 1637, some single tulip bulbs sold for...
Although the flood of foreclosed homes hitting housing markets around the country has slowed since the mortgage crisis of a few years ago, many foreclosures are still being held by banks, real estate groups and federal lenders such as Fannie Mae. Now, as these groups...
Recent news that the number of US mortgage delinquencies continues to fall indicates good news for the beleaguered US housing market as a whole. With better employment conditions and a willingness on the part of some lenders to assist struggling homeowners, fewer...
The dust is clearing after the US housing collapse of a few years ago and the general housing market appears to be rebounding. But more stringent mortgage standards and economic factors make it difficult – if not impossible – for many former homeowners to buy a home,...
Today Jason talks about the zeitgeist of our time and living in a BAILOUT culture in our society, with all the quantitative easing during the COVID era and the current banking collapse debacle. He talks about how the elites, governments and central banks are vividly demonstrating the ‘Cantillion Effect’ right before our eyes and the implications it has in today’s massive housing shortage!
Today’s Flashback Friday is from episode 141 published last December 28, 2009.
During turbulent economic times, people can become their own worst enemy. The uncertainty of the stock market creates massive insecurity about our investment portfolios. These doubts are quite reasonable and it is time to stop trusting Wall Street and start being a direct investor by purchasing hard assets which are not subject to the greed, graft and manipulation of CEOs, investment bankers, fund managers and the government. Prudent investing is a prerequisite to The American Dream of financial freedom.
Alf is Italian but is coming today from the Netherlands. He and Jason talk about some of the factors that contributed to the collapse of the Silicon Valley Bank, the largest bank failure since the 2008 financial crisis. They discuss the moral hazard involved, mismanaged portfolios and the lack of proper risk management- factors that culminated on the banks demise, making investors question whether this will spark a broader banking meltdown.
Listen in as Jason explains the debacle that is the Silicon Valley Bank collapse, the ripple effects it’s having in the banking community, the poison pill the FED has placed in the housing market and how it has painted itself in a corner. He also talks about what the government can do, how you can use his patented Inflation Induced Debt Destruction strategy to come out on top in these uncertain times and how you can protect your assets. Just go to https://www.jasonhartman.com/Protect for more details.
Today’s Flashback Friday is from episodes 912 and 913 published last November 20 and 22, 2017.
Jason Hartman kicks off today’s episode with a look at Daren Blomquist’s latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament.