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The Clark Howard Podcast

6.24.19 Apartment complexes lending money; Excessive hospital billing; Fintech tools to help elderly parents

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Business, Investing

4.65.2K Ratings

🗓️ 24 June 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Some apartment complexes are now lending money to young folks that can't afford rent; Some hospitals are billing insurance companies a LOT more than Medicare; Clark talks about new fintech tools that can help you keep up with what is actually going on with your elderly parents. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's great to have you here on the Clark Howard Show where it's about you and that wall

0:10.1

of yours.

0:11.1

I want you to learn ideas to me so you can save more and spend less and don't let anyone

0:16.5

ever rip you off.

0:17.9

It's being a rip-offs coming up in a few minutes and today's Clark Rage's moment.

0:23.3

Now so many hospitals just shred your wallet and coming up later with an aging population

0:32.5

and families scattered around the country, the elderly are most subject to getting ripped

0:39.7

off by a con artist and scams but there are new tools for you as an adult child to help

0:45.4

them out.

0:46.4

I'm going to fill you in on that.

0:48.7

So could it knock me over with a feather when I read a story on Market Watch about lenders

0:59.7

that are lending rent money to people renting apartments?

1:05.1

So this is a crazy thing but for people who rent at the upper end, more than average

1:16.3

apartment rent kind of place.

1:19.9

There have been too many apartments built.

1:23.3

The rent levels though even with so many apartments having been built are still really

1:30.4

high because the cost of new construction and all that and they got investors and blah,

1:35.3

blah, blah.

1:36.7

And all across America and most every midsize and major market in the United States, there's

1:45.5

been a proliferation, some considerate a plague of the construction of what are known

1:51.9

as five over ones, which is ultra popular with developers anyway, method of building apartments

2:01.7

where there's a concrete first floor foundation built and then five more stories of wood

...

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