2225: The Great Housing Shortage and the Rent vs. Buy Dilemma | Is Owning a Home Still a Good Investment in Today's Market? Richard Ross Part 2
Description
Today, Jason talks about why the biggest cost for investors in real estate isn't necessarily from outright scams, but rather from the bad advice given by doomers and clickbaiters. Their misleading information leads to missed opportunities, as investors may become hesitant to take action. This inaction can be even more costly than falling victim to a scam, as the potential for significant returns is lost. It's crucial to be aware of these pitfalls and make informed decisions based on reliable sources.
4,000 Weeks by Oliver Burkeman, Doomsday Clock, Wheel of Life, Healthspan
Then Jason and Richard of Quinn Residences finish up their conversation about the current state of the housing market, which is facing a significant shortage, particularly for affordable homes. Rising home prices, interest rates, and maintenance costs have made homeownership more expensive than renting. Builders are focusing on constructing more expensive houses, further contributing to the shortage. While renting offers lower monthly costs, it lacks the potential investment benefits of homeownership. Additionally, the rental market is tight, and rent prices have been increasing. Manufactured housing and 3D-printed homes are not seen as viable solutions due to various factors, including stigma and high costs.
#UShousingmarket #housingaffordability #housingcrisis #homeownership #rentalmarket #manufacturedhousing #3Dprintedhomes #realestate #investment #economics #buildtorent #BTR #realestate #housing #rentalmarket #affordablehousing #millennials #pandemic #rentalhousing #singlefamilyhomes
Key Takeaways:
Jason's editorial
1:27 Do send us your comments and/or questions via JasonHartman.com/Ask
3:38 Memento Mori and the biggest loss as investors
Richard Ross interview
9:21 Under-building and manufactured houses
14:20 Affordability analysis
19:55 Rent increases
23:04 Insurance and pass-through entities
25:18 An amazing opportunities for investors
___________________________________________
I'm speaking at Global Citizen Week and as one of the speakers, I’m also excited to offer my network a few VIP passes—which means your access will be complimentary (usually priced at $1,500). However, space is limited, so don’t miss out!
Reserve Your VIP Pass
https://globalcitizenweek.com/miami/local/
Taking place from October 31 to November 1 at the beautiful Hotel AKA Brickell in Miami’s financial district, this event is an incredible opportunity to:
Expand Your Network: Connect with other forward-thinking entrepreneurs, investors, and business owners who are equally focused on enhancing their global footprint.
Engage in Strategic Conversations: Explore the latest trends in diversifying investments, optimizing tax strategies, and building a Plan B for global mobility.
Learn and Optimize: Participate in expert-led workshops and discussions to discover new ways to protect your wealth, maximize business potential, and enhance your lifestyle.
Who should attend?
Entrepreneurs & Business Owners: Learn how to streamline your corporate structure and tax strategy to unlock new growth opportunities.
High-net-worth Individuals: Discover strategies for protecting and growing your wealth globally.
Investors: Find out about emerging markets and investment opportunities that can drive your financial independence.
Those Seeking Global Citizenship: Learn how global citizenship can improve your quality of life with better health care, education, and security.
To secure your spot, just register here:
Reserve Your VIP Pass
https://globalcitizenweek.com/miami/local/
#RealEstateInvestment #RentingVsBuying #FinancialAdvice #PersonalFinance #InvestmentStrategy #RealEstateTips #HomeOwnership #RentalProperties #FinancialPlanning #WealthCreation #JasonHartman #RealEstateExpert
#Habits #Communication #SuperCommunicators #PowerOfHabit #PersonalDevelopment #Relationships #Conversation #EmotionalIntellig
Empowered investors gather insights on economic and cultural changes impacting markets. In this latest discussion, Jason Hartman reflects on recent meetings in Austin, Texas, discussing investment strategies, economic trends, and technological progress. He highlights lunch with Lance Armstrong,...
Published 11/13/24
In this episode, Jason discusses the impact of the Trump election and the government's sweep, emphasizing the need for change and the potential for increased prosperity. He highlights two major factors that will put upward pressure on home prices: the curtailment of immigration and the...
Published 11/11/24