Fri, 25 December 2020
Is the foreclosure wave coming, is the crash coming? The delinquency rate is decreasing, but naysayers are still looking for a bubble to pop. Jason Hartman talks with investment counselor Adam about the foreclosure wave, forbearance, and appreciation in this interview.
As well, they talk about how specific real estate markets are doing compared to markets in the Hartman Network. How much growth can you expect, and where should you put your money with such low inventory?
[6:00] Real estate has been making a fortune for fifty years, and the naysayers keep waiting for the crash to come.
[8:00] Timing the market does not work.
[9:00] Do you remember Long Term Capital Management?
[11:45] Foreclosures were down all over the country before COVID-19 hit.
[13:00] Does the forbearance issue 2020 lead to more money in the system?
[16:20] The average US foreclosure period is 841 days.
[20:20] What is the incentive to come out of forbearance if you are concerned about a potential shutdown?
[25:45] Rents are being paid regardless of the stimulus.
[28:30] Are we going to see a stall or bubble burst?
[30:30] How are markets doing in the Hartman Network right now?
[37:00] How are Texas properties different as far as investing dollars?
[39:00] Are inflation stats wrong today?
[42:00] Let's take a look at inflation-induced debt destruction.