Creating Wealth Real Estate Investing with Jason Hartman 1337: Mortgage Rates, Interest Rates, Short-Term Rental Laws & Housing Starts
Jason Hartman and investment counselor Adam begin today's show discussing two important things for a real estate investor: laws and the future. First off is good news for those investors that are fighting laws that restrict the ability of property owners to run short-term rentals. Then Jason and Adam discuss some good housing news that could lead to a happy 2020 (at least for housing).
Then Jason talks to in-house economist Thomas about interest rates. There's been some movement up and some movement down, but Thomas has an opinion on where he thinks rates will go in 2020 and why he believes that.
Key Takeaways:
[4:17] The City of Austin lost a key case regarding short-term rental laws
[9:41] Make sure that you're not investing in a mania when you're looking at short-term rentals, and make sure your portfolio balance reflects that
[11:39] There's pre-demand in the housing market right now, which is a good sign for housing in 2020
Jason & Thomas:
[17:10] The Fed only indirectly influences mortgage rtes
[19:09] Why Thomas believes mortgage rates will go up in 2020
[21:20] The 2 Central Bank forces that will push inflation back up
[23:47] Why a $315 billion drop in money supply is important even though it's not much of a percentage of worldwide supply
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