Today’s Flash Back Friday comes from Episode 825, originally published in May 2017.
Jason welcomes Pat Donohoe back to the show. Pat is the President and CEO of Paradigm Life and host of the Wealth Standard podcast. Together, Jason and Pat analyze a Wall Street Journal article which addresses lower mortgage rates and how the lower rates may affect the already ‘hot’ real estate market, how autonomous cars will create a resurgence of the suburbs and how the upper middle-class is rethinking retirement based on the trend of extended life spans.
[02:22] Wall Street Journal audio clip relating to the current housing market and interest rates.
[04:42] Zillow and isolated locations, like LA, with inflated housing values.
[11:35] Supply and demand in the rental property market.
[14:53] The Wealth Standard Radio and Paradigm Life contact information.
[15:36] The resurgence of suburbia will come with autonomous vehicles.
[19:28] A warning about spending money on high priced real estate.
[25:41] Reinventing retirement based on the cost of living longer.
[29:17] The 401k was never really meant as a retirement plan.