1763: Zillow Fiasco, Rich Dad's Robert Kiyosaki, $500 Profit Per Hour, Inflation Induced Debt Destruction, David Harsanyi, Euro Trash
Today Jason talks about the Zillow fiasco! But Redfin, Opendoors and Keller Williams has not gone unscathed. The arrogance of big tech has taken its toll. As Napoleon Bonaparte says "The most dangerous moment comes with victory." He also cites one of their investors with 150 properties making a profit, from appreciation alone- $500 PER HOUR. And if he can do it, so can you!
And Ashley talks about why mass inflation is still a threat to rich countries and how you can capitalize on it with income real estate property.
Key Takeaways:
[1:32] The Zillow Fiasco
[3:31] Over-Hyped, Clickbait World
[4:22] Cities Listed Below the Purchased Price
[5:21] Redfin, Opendoor, Keller Williams
[7:52] Rich Dad's Robert Kiyosaki's Ferrari and the C students working for the A students
[9:15] Align Yourself with the Forces
[10:28] The Bureau of Labor Statistics on food and energy
[13:22] Inflation Induced Debt Destruction
[13:58] $500 PER HOUR Profit from appreciation alone
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Tweetables:
The most dangerous moment comes with victory. Napoleon Bonaparte
The inefficiencies in the market create opportunity. Jason Hartman
People overestimate what they can do in a year, but underestimate what they can do in 5 years. Jason Hartman
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