Name: Massive Tidal Waves Coming to the Economy | Will Economic Issues Affect Real Estate with Ken McElroy
Uploaded: 2021-07-14T18:09:28+00:00
Duration: 14 min 24 s
Description: Jason Hartman and Ken McElroy discuss some of the massive tidal waves that could affect the economy including small business closures, a huge decrease in tax revenues for municipal governments, and tr

4 years ago

Jason Hartman and Ken McElroy discuss some of the massive tidal waves that could affect the economy including small business closures, a huge decrease in tax revenues for municipal governments, and trouble in the commercial mortgage-backed securities market.
0:00 Introduction
1:04 Eviction moratorium
2:41 Technology displacing jobs
3:45 Is UBI coming soon?
6:20 What should you do if the tenant can't pay?
9:53 Massive decrease in state tax revenues
11:27 Income tax base is leaving cities
12:40 Tidal wave of commercial mortgage-backed securities