Keith discusses the rising cost of the American dream, now estimated at $5 million, due to inflation and housing prices.
He highlights the affordable housing crisis, with more Americans living in RVs and homelessness up 18% since last year.
The NAR's "Best Week" report highlights the benefits of buying during this time, including lower prices and more favorable terms.
Resources:
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Check out the free video course on real estate investing at getricheducation.com/course.
Show Notes:
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Complete episode transcript:
Keith Weinhold 0:01
welcome to GRE. I'm your host. Keith Weinhold, the American dream now costs $5 million learn just what that will mean for you. The beauty of 50 year mortgages, then after 11 years, I share the most depressing thing I've ever said on the show today on get rich education.
Keith Weinhold 0:26
You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world
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