Welcome into the real estate investing show, I'm Clayton Morris. On today's show, on our

live stream today, I wanted to take questions, talk about what's going on with

this housing shortage that we're facing across the United States. I study these

headlines every day, dive into the data, and what you'll'll notice of course we had massive lumber

shortages just a short time ago that has all moderated now lumber prices are back to

where they normally are but when you see all these stories in the mainstream media about inflation and the cost of things going up and cost of housing going up,

remember it all comes back to one simple thing. Supply and demand.

Just remember when you hear all of these fake news media articles or you hear conservative media

trying to tell you that it's because of Biden's stimulus plan, you just need to ignore that because that's

absolutely not true and when you hear Democrats saying this is because of

Trump because of what he did that's simply not true it It's supply and demand. When you have a pandemic where people

can't produce things, where people can't manufacture things or deliver things, and then

when you also have on top of that a

giant cargo ship that gets stuck in the Suez Canal like that Austin Powers movie

you know where he keeps trying to turn around inside of a little tiny alleyway, you're going to have bottlenecks.

And across the board, that's what we're seeing.

When you have rental car companies that are selling off their entire fleet of rental cars now they don't have

any rental cars and now suddenly people want to travel again and guess what well we

sold off all our rental cars last year so that we don't have them. Chip components that are are backlogged. You name

it across the board there is a demand but there's not enough supply. Food in

fact I saw a summer camp story today where a summer camp had to be canceled because

Cisco, the company that supplies the intermediary food for the summer camp, simply couldn't

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