Jason Hartman and Adam examine some troubling trends in the real estate market these days. The first is the entire STATE of California, which is about to enact state wide rent control. This would be a massive shift in policy that will lead to other issues. Then there’s the affordability issue that’s been hampering house across the country for years. Jason and Adam examine what new trends that’s causing in our present day.
And finally, don’t forget to submit your video for the Empower Investor contest and win tickets to Profits in Paradise!
Key Takeaways:
[5:48] What rent control ACTUALLY does
[8:47] Rent controlled areas always run short on housing because nobody wants to build there because of regulations
[16:37] Adam Frenza’s 5 Year Plan
[25:14] How the Trump administration is responding to rent control movements
[27:16] How rent control creates a scenario like runaway inflation, and the road out is a rough one
[29:29] People are starting to realize that affordability is a national problem
[32:39] Rental property is one of the only businesses where people will happily give you 40% of their income
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