Jason Hartman makes his way to Medellin, Colombia to chat with George Gammon about creative real estate investing linked to the Colombian Peso and oil. The two discuss the CAPE ratio and what is cheap in the United States.
In our second segment today, Jason is joined by in house economist Thomas Young, to discuss our Presidential Candidates Capital Gains Tax Plans. Do these new Capital Tax Gains Tax Proposals make sense?
[3:15] George Gammon, what took you to Medellin, Colombia? Pesos and Oil?
[7:05] Real Estate Investor turned reality tv star
[9:25] Colombian house flipping
[13:30] What is the CAPE ratio or Shiller P/E ratio?
[17:15] What is cheap in the United States?
[20:35] In house economist, Thomas Young, and capital gains taxation
[23:36] Zero Sum Gain
[28:30] The government’s tax code currently encourages investors to take the risk, and that risk is sometimes successful and grows the economy