Will Mortgage Debt Lead to a Foreclosure CRISIS?

1 year ago
76

Jason Hartman gives you his weekly update! Will mortgage debt lead to a foreclosure problem where people just walk away from their houses, like many, many millions did during the Great Recession? Jason looks at mortgage payments as a percentage of disposable income using The Hartman Comparison Index and also discusses the future of cryptocurrency, Bitcoin and government overreach.

Don’t miss the opportunity to work with Todd Dotson, the best wholesale trainer in the country at our event in Jacksonville, FL May 19-23! We're going to talk about virtual wholesaling, how to do far away fix and flips, how to tap into private money to fund your deals, how to flip vacant land, infill lots, commercial properties, how to deal with small builders, select title companies, manage deal flow, systematize the process, develop a team of property scouts who can find deals for you, replace down payments, develop a 30 day action plan, and much much more! We’ll be out in the field, sourcing deals with boots on the ground action, so you can learn first hand the ins and outs of wholesale real estate! There are a limited number of spots that are filling up quickly, so don’t miss this opportunity!

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0:00 Jason's thoughts on Bitcoin
1:29 Bitcoin is in class of its own
2:43 Could governments ban crypto?
4:38 The main product of any government is their currency
5:32 Do governments have the right to seize assets?
6:59 Mortgage payment as a percentage of disposable income
8:05 Housing crash and foreclosure crisis?
8:45 Comparing mortgage payments with The Hartman Comparison Index
10:24 Interest rates went to their 5000 year low in 2020
12:18 Join us for our wholesale workshop in Jacksonville: www.jasonhartman.com/wholesale
16:27 Freedom is closer than it appears

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