The wealthy are enjoying federal monetary stimulus. Meanwhile, unemployed tenants can now be evicted nationally (check your local law).
Own assets? Great. Mortgage interest rates are at historic lows; the S&P 500 is at an all-time high.
(Entire episode transcript is below. Read as you listen.)
In the pandemic, tenants want single-family homes more than communal apartments.
Fannie Mae & Freddie Mac want to add a 0.5% refinancing fee.
Homebuilder sentiment is high? Why? High demand, low inventory, low rates.
Stagflation is explained. It is a stagnant economy with high inflation.
There are signs that inflation is poised to increase.
Resources mentioned:
Inflation Triple Crown video:
Section 8 turnkey property:
www.GetRichEducation.com/Section8
Stagflation video:
https://www.youtube.com/watch?v=YaC_PNKu_Cg&feature=youtu.be
Elevator Anxiety:
https://www.axios.com/elevator-anxiety-reopenings-9a474985-4786-43a3-8b64-5119ff7f2267.html
Mortgage Loans:
QRPs: text "QRP" in ALL CAPS to 72000 or:
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New Construction Turnkey Property:
Best Financial Education:
Top Properties & Providers:
Follow us on Instagram:
Keith's personal Instagram:
Complete Episode Transcript:
Welcome to Get Rich Education. I'm your host, Keith Weinhold.
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