Creating Wealth Real Estate Investing with Jason Hartman CW 1099 - Socialization of Mortgage Industry, Rising Interest Rates, Changes at HUD & Gen Z Rents with The Real Estate Guys
Jason Hartman starts today's episode talking about some important changes happening at HUD that Jason believes will make a positive impact, as well as differences in rent between Millennials and Generation Z.
Then Jason finishes his interview with The Real Estate Guys, as the two discuss the impact rising interest rates and energy prices will have on the blue collar workers you're renting to, as well as the socialization of the mortgage industry and why the government is poisoning industries.
Key Takeaways:
[1:55] Ben Carson is doing some good things at HUD
[5:39] Some new changes to Jason's thinking if you live in a state with good homestead protection
[10:58] Generation Z is expected to outspend Millennials on rent
Real Estate Guys, Part 2
[17:10] What happens with interest rates and energy is going to be driving things in the short term, because it hits middle income Americans the hardest
[21:12] Technology can disrupt many different sectors, but the need to sleep under a roof isn't one of them
[23:18] The socialization of the mortgage industry
[26:37] When you introduce a non-profit (government) option into a for profit market you poison the well
[31:02] Think on a big level, but act locally
[31:30] Rock Island, IL Property Profile
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