Creating Wealth Real Estate Investing with Jason Hartman CW 998 - Portfolio Reviews, Return on Equity & Global Real Estate with Eric Pichet
Today's episode starts with an invitation to Jason's Philadelphia Creating Wealth seminar that's coming up soon. He also finishes his talk with Doug about portfolio reviews and making your money actually work for you.
Finally Jason talks to Dr. Eric Pichet, Professor & Director of Specialized Masters Program in Wealth Management & Real Estate Management at KEDGE Business School in France, about real estate around the world, as well as the current view of cryptocurrency by governments across the globe.
The two discuss how there is no global real estate market, but there are similarities in each of them, why the US home market is so much bigger than other nations, how cryptocurrencies are being received in Europe and whether governments and central banks will be moving to crush them in the near future.
Key Takeaways:
Intro with Doug:
[6:48] Your returns can be dampened by lazy money, make that money work for you
[9:27] Return on equity percentage can tell you when to rebalance your portfolio
[13:52] Why corporate finance tracks return on equity so much
Eric Pichet Interview:
[16:25] There's no global real estate market, but we seem to be in about the same place in the cycle of each of the big areas
[20:09] Eric's take on Jason's 3 types of market belief
[21:19] Why Jason thinks the European home market is much slower than the US
[24:54] The series of economic events that led to French citizens being interested in real estate
[26:52] The sentiment about cryptocurrencies in Europe
[30:53] How are cryptocurrencies viewed by governments and central banks?
[33:40] Eric expects the G20 nations to declare Bitcoin as a tool for money laundering and terrorism
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