For all of the crash bros out there waiting for a real estate crash, don't hold your breath! Jason Hartman takes you through some revealing statistics from Black Knight Data Reports to show you once again, why a real estate market crash is not on the horizon any time soon and why the housing shortage is set to last decades. Remember, the two value drivers for anything, whether it be currency, mortgages, precious metals, etc, the two value drivers are simply scarcity and utility. When your mortgage is below the current rate, it becomes irreplaceable.
0:00 Welcome to listeners from 189 countries worldwide
0:41 Top Gun sequel, aviation, innovation and fiat money
4:27 We traded true innovation for a welfare state and political correctness
7:06 Tom Cruise - the most successful actor of all time?
7:37 Black Knight real estate stats - 24% of all first lien mortgages have interest rates below 3%
8:41 The low interest rate mortgage market will create a housing shortage for decades to come
11:07 Show me crash bros - where is the distressed seller?
11:55 This week’s giveaway winners! Claim your prize at JasonHartman.com/ask
12:45 Check out this interview with Lynette Zang, Chief Market Analyst for ITM Trading: ANNOUNCEMENT! Weekly Amazon gift card giveaway raffle!
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