1295: Home Prices, Mortgage Default Risk & Jobs Report
Creating Wealth Real Estate Investing with Jason Hartman
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Show Notes
Jason Hartman and investment counselor Adam take a look at some good news in today's economy. Home prices are expected to continue, mortgages are safer than ever, and jobs are increasing for all. They also look at some not so good news, from foreign money leaving the economy to the high income tax state apocalypse.
Key Takeaways:
[2:56] CoreLogic expects home price gains to accelerate through 2020 and mortgage rates are expected to stay below 4%
[7:53] Mortgage default risk continues to decrease
[11:43] Inflation in entertainment has been enormous, watch out for how pooled money asset companies use their money to pay for it
[17:10] The high income tax state apocalypse is underway
[21:23] Foreign money has helped push out middle class people
[27:02] Some great news on jobs
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