Why The Economy Is STUCK And How To Get Ahead Now
Ken McElroy Show
Ken McElroy
4.7 • 712 Ratings
🗓️ 25 September 2025
⏱️ 52 minutes
🧾️ Download transcript
Summary
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Checkout KenPro - Ken's Education Platform: https://ken-mcelroy.learnworlds.com
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive. Ken's company: https://mccompanies.com
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Transcript
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| 0:00.0 | The current economy is stuck. |
| 0:03.2 | Job growth and wage growth are limited and the housing market is just starting to move again. |
| 0:08.5 | Today we're going to discuss this stuck economy and what you need to do to get ahead. |
| 0:12.5 | So the economy seems pretty stuck currently. |
| 0:15.9 | Because it is. |
| 0:17.2 | Yeah. |
| 0:17.5 | Like, I mean, there's a lot of uncertainty. |
| 0:20.0 | Uh-huh. |
| 0:20.6 | Right? Like when there's uncertainty, people take their foot off the Like, I mean, there's a lot of uncertainty. Uh-huh. Right? |
| 0:20.9 | Like, when there's uncertainty, people take their foot off the gas. You know, they hit the brakes a little, right? They're, they're starting to feel inflation. Starting to feel it? They've been feeling it. Well, that's true. Yeah, you're right. I think that they've been feeling it, but also they've made sacrifices. You know, things have gone up until they've switched, right? |
| 0:40.5 | They've switched their... they've been feeling it, but also they've made sacrifices. You know, things have gone up until they've |
| 0:39.4 | switched, right? They've switched their habits, switched their routines, and, and places are feeling it. |
| 0:45.5 | Well, it's so interesting because, you know, you go certain places and they say they're feeling it, |
| 0:49.6 | but then you go other places and they're jam-packed. That blows my mind. Like, you know, |
| 0:53.7 | we're seeing it on site with our |
| 0:55.5 | renters, right? We have 10,000 renters. One of the things we're seeing is less turnover, right? |
| 1:02.5 | People are staying put. There's a little bit of uncertainty. You know, you have a tendency to be a |
| 1:08.2 | little more transitional, I think. When there's income coming in, you got multiple sources of income. |
| 1:14.3 | Also, there's a lot of things in front of people right now that are concerning them. |
| 1:19.1 | So it's like that Uber driver we were talking to, you know. |
| 1:22.6 | He said, you know, Waymo is in Phoenix and he's afraid that, you know, Waymo is taken away from |
| 1:31.0 | the Uber drivers. And it's true. It's taken away from the food deliveries and stuff like that. And |
... |
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