Jason Hartman starts today’s episode discussing how real estate makes you think in ways counter to our every day life. Large money has difficulty breaking in to residential real estate because there’s no such thing as a bulk discount in real estate. He also talks about what’s going to cause upward pressure on rents.
Then Jason plays the first half of his recent webinar where he discusses the (lack of) national housing market, the 3 different types of markets, some issues he sees in the economy, and the impact of technology on inflation today.
[2:15] The Portfolio Builder games has been updated and will be unveiled in San Jose on March 3
[3:49] We’re used to a discount when we buy things in bulk, but that doesn’t work in real estate
[7:30] We are bound to see significant upward pressure on rents
[10:28] Jason’s back story in real estate investing
[13:25] There are really 400 local real estate markets, not a US housing market
[17:50] When Jason realized there were 3 different types of markets, and what they are
[21:54] We have some scary things going on in the economy, but overall it’s still an amazing time to be alive
[25:44] We are at an inflection point in technology
[30:33] The demographics coming at the rental housing market over the next 10 years are phenomenal
[34:33] Explaining Commandment #8