Creating Wealth Real Estate Investing with Jason Hartman 1691: Shadow Demand, FICO Scores for Loans, New Florida Law Protecting Citizens
The current lending requirements are squeezing a lot of potential home buyers out of the picture, causing a new version of shadow demand. And that's not the only thing creating shadow demand. Jason Hartman takes some time and delves into what is causing EXTRA pressure on housing demand and prices that could add even more fuel to the housing market.
Then Jason explores a new Florida law that finally, FINALLY takes aim at the big tech companies that have way too much control in today's society.
Key Takeaways:
[1:02] Millions of home buyers are stuck, and not for the usual reason
[5:03] The current environment is telling you it's time to double down on your investments
[10:50] Uncertain borrow income means risk for lenders and investors
[13:51] Some lenders are requiring 780 FICO scores, squeezing out minorities
[18:11] Some Florida news Jason is VERY excited about
[24:21] Facebook annual revenue is bigger than the GDP of over 150 countries
[44:34] Section 230 gave internet companies too much freedom
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