The key is to take action, but the purpose of today’s show is to explain why the actions we take make sense. Jason Hartman and Evan Moffic discuss the mortgage credit availability index, MCAI, and affordability. What has changed since 2004? Why would one wait and try to time the market? What’s the opportunity cost of timing the market?  Key Takeaways: [3:00] Discussing the opportunity cost of lost money by waiting and trying to time the market.  [4:00] Diving into the affordability index and the MCAI [9:20] Mortgage Credit Availability Index MCAI [10:00] Affordability = mortgage payments vs income [12:30] Show recommendation, America In Color [14:00] Watching the index move, in hindsight, from 2004 to 2019. What can we learn and expect? [22:00] At some point, you want to be satisfied.  [24:15] “Successful people are willing to do things that unsuccessful people are unwilling to do.” [30:00] Choose your company well. Websites: JasonHartman.com JasonHartman.com/properties Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN