Jason Hartman and Adam take today's show to look at several articles about today's economy and housing market. The first one is about former Fed Chairman Alan Greenspan's thoughts on the economic state of our country in regards to the growing entitlement culture in America. The other article is about Zillow's foray into the home buying/selling world. Adam and Jason break down how each of these things will impact the average real estate investor.
[3:34] The 10/1 ratio for the S&P and mortgage rates
[10:13] The possibility of investing in assisted living centers isn't as appealing as some make it out to be
[15:29] Money goes where it's treated best
[16:32] How Greenspan's comments correlate with what the current Fed has said about interest rate hikes this year
[19:12] Zillow's venture into the home buying/selling marketplace
[22:41] Institutional investors will take a lower return than a single individual
[25:31] Warren Buffett's giant problem