Fri, 31 May 2019
Jason Hartman talks with Patri Friedman, Executive Director of The Seasteading Institute, about creating new countries using the seasteading technique. Patri discusses how the concept would work in today's environment and why it's not absurd to think of a country being created on the water. It's coming sooner than you expect.
[1:12] What is seasteading?
[6:05] Why not just buy land from a country rather than doing everything out at sea?
[10:04] Patri's goal is seeing governments competing for citizens by treating them best
[13:41] How do you deal with security when you're in the middle of the ocean?
[18:02] What are these seasteads going to do for currency?
Fri, 24 May 2019
Jason Hartman talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.
[1:15] Jeff's thoughts on the current trade situation
[5:31] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar
[9:25] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?
[12:37] You have to have capital formation for a society to create wealth
Fri, 17 May 2019
Jason Hartman talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.
- Why did Ken choose this time to sell his properties and how did he do it?
- Cap Rate fails to take appreciation into account
- Is there an oversupply of multifamily that's causing rents to not grow as quickly?
- What Ken has learned about his facilities for the 55+ community
- Why Ken is still bullish on real estate
- Capital always looks for safety in the US
- The impact things like ride sharing and autonomous cars are having (and will have) on real estate
- Ken's take on the future of interest rates
Fri, 3 May 2019
Jason Hartman speaks with Matthew Sullivan, founder & CEO of Quantm Real Estate, about how his company is using blockchain and tokens to help homeowners pull equity out of their homes (whether owner occupied or investments). Matthew uses a few case studies to explain how much money you could extra, what you would owe his company, and how the secondary market works for the equity stake his company receives.
[1:54] Matthew's company allows you to get equity out of your house without taking out another loan with a bank by buying some of the future value of your house
[4:51] Case study: How much can you pull out if you were to have a $100,000 house with a $50,000 mortgage?
[11:06] Why Quantum Real Estate goes through the hassle of creating a REIT and tokenizing them equity share
[15:49] The effective "interest rate" for homeowners who realize their equity
[19:59] Quantum Real Estate revalues their portfolio every 3 months so the secondary market can trade