A September 2012 report by CNBC on the state of mortgage lending in the US in the wake of the well-publicized housing collapse states that, although mortgage rates are nearing record lows, fewer mortgage applications are currently being processed. While the reasons...
According to numerous reports, the US housing industry appears to be recovering. Housing prices in most markets have leveled off and new construction is on the upswing. But the mortgage market continues to fluctuate, as the US Federal Reserve embarks on a program to...
Recent news has been dominated by the decision on the part of Standard and Poor’s to downgrade the credit rating of the United States government, due to their persistent budget deficit and lack of progress in pulling government spending under control. In response to...
Don’t be too positive about the recent rebounding of the battered US housing market. That’s the message in a new US News and World Report article on the foreclosure crisis, which still grinds on as lenders and courts settle pending cases and which continues to devour...
Recent debt problems in the United States and across the world at large have brought the notion of a “gold standard” for the currency back into vogue. The allure of a gold standard is easy to see, since it means that there is a commodity backing for the currency. Many...
Is it too late to begin investing in income property? Retirees and those close to retirement ask this question, concerned about the need to generate a retirement income with a long-term investment in rental real estate. But as the employment picture remains cloudy for...
A recent Reuters article on small business finances reported that a number of leading US financial institutions are hiring additional staff in response to a surge in demand for home loans, and profit margins for institutions dealing in home lending are at double their...
Although the US housing market appears to be rebounding after the real estate bubble burst in a big way in the years between 2008 and 2011, the “American Dream” of homeownership may have changed forever. New housing statistics reported by Forbes indicate that the US...
As part of the upswing in the US housing market, rental rates are hot in most areas of the country, with a growing pool of renters made up of former homeowners, young professionals, and those who are unable to qualify for a home purchase. For investors following Jason...
For many years, staying debt-free has been at the cornerstone of American beliefs about financial security. Purchasers are advised to pay off loans, buy with cash, and avoid taking on additional debt on things they already own. But in the world of income property...
Today’s Flashback Friday is from episode 378 published last May 6, 2014.
Greg Palast is the author of the New York Times bestsellers Billionaires & Ballot Bandits, Armed Madhouse , The Best Democracy Money Can Buy and the highly acclaimed Vultures’ Picnic, named Book of the Year 2012 on BBC Newsnight Review.
Jason is in the Hot Seat today as Joe Brown of Heresy Financial asks him about his contrarian views on the housing market’s supposed impending crash. They also discuss single versus multifamily investments, identify the different facets and causes of the housing shortages across the America. Jason also shares a few slides from his Hartman Comparison Index (HCI) which shows that houses are not as expensive as one might think!
Today, Jason talks about the population, it’s demographics, its problems, and the effects it has with regards to rental housing opportunities of which you can definitely take advantage! He is also inviting to join the Empowered Mentoring via Zoom this week!
Todays Flashback Friday is from episode 376 published last April 24, 2014.
Chris Mayer is the Managing Editor of Agora Financial and Editor of the Capital and Crisis publication.
Mayer breaks down the unemployment numbers for us and whether it is actually getting better.
Greetings from the Land of the Rising Sun: Japan. But due to demographic issues, Japan might not be a country for long. This is one of Jason’s morbid fascinations… countries in a demographic “cliff” like many countries in Europe, Russia and China!