4.8 • 692 Ratings
🗓️ 17 January 2024
⏱️ 23 minutes
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0:00.0 | Welcome to the Real Estate Strategies podcast. |
0:03.0 | Let's get right into this episode. |
0:04.7 | So this weekend I was in Dallas with our collective mastermind and I really had fun with this new video that I just did. |
0:11.2 | But I did nine slides on, you know, kind of where I thought the economy was going, you know, |
0:16.8 | the single family, multifamily. |
0:18.5 | And what most people don't realize is that we have a supply problem and it started over 10 years |
0:23.2 | ago. |
0:23.6 | Yeah, it's going to really deep dive into why you think that there's a housing supply shortage |
0:28.1 | and what people should be doing. |
0:30.1 | Well, you guys enjoy. |
0:33.2 | There's obviously a lot more issues here for 2024, but these are the ones that, you know, |
0:39.5 | I'm kind of watching. |
0:40.7 | Interest rates, soaring expenses, the supply, there's a short term and a long term. |
0:46.8 | Most of the news media is they're focused on the short term. |
0:50.5 | They don't know any better, which is fine. |
0:52.5 | And then population shifts, believe it or not, |
0:55.0 | the U.S. is not really growing that much, but it's moving around, which creates a lot of opportunity. |
1:00.5 | Cap rates, lending and policy changes, which I think then the last one is something that's going |
1:05.6 | to be really, really interesting that I don't think that we're quite prepared for. Let's talk about |
1:09.7 | the first one. If you take a look at the Fed Reserve increases, you can see that they happen from basically |
1:16.1 | March of 2022 to July of 2023. That's a lot of increases in a short period of time. |
1:23.1 | But what I really want you to focus on the percentages, the 50%, the 75%, in fact, there were |
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