Creating Wealth Real Estate Investing with Jason Hartman 1174: Falling Mortage Rates, Amazon Fulfillment Centers & a Trip to China
Jason Hartman is joined today by Kerry and Carmen as he does one of his last shows from the United States for a little while. Jason and Carmen are off to mainland China and South Korea for a few weeks and they discuss what changes Carmen has seen among all her trips.
The trio also look at what the Fed rate hikes and cuts have done to the investment real estate market, as it has created an interesting scenarios for buyers that could be very helpful. Finally, Jason has an "investigative report" from the inside of a ride-sharing trip talking with a former employee of Amazon on how we have been misled a little by the company.
Key Takeaways:
[2:57] How much of the Fed's rate hikes have been in an attempt to "reload the gun" for the future?
[6:11] What the apreciating US dollar is doing to investors around the globe
[9:16] Rates are coming down currently but prices aren't rising, which means it's a good time to be buying real estate
[12:28] Carmen's previous experiences in mainland China
[18:03] Jason and Carmen's visit to the Amazon Fulfillment Center and an interview with a former employee
[21:37] Amazon pickers are walking at least 10 miles a day to get orders together
[23:22] The pay raise that Amazon gave their warehouse employees was offset by a slash in benefits
[28:59] Jeremy Siegel's "Looming Asset Shortage" article
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