Still Not Enough Single Family Homes to Go Around - Brandon Cobb #5517
Summary: With increasing energy prices and the prospect of a recession, Brandon Cobb comes on the show to tell about what our options are when it comes to investing. It seems that real estate is an incredibly viable option in the current circumstances; as living standards fluctuate with the economy, the need to live ultimately never goes away. Tune in to hear more about what areas of real estate are the most promising, and how you can intelligently allocate your investments. Highlights: -The higher the energy prices go, the more likely a recession is to occur -Real estate is going to fare better than other asset classes -History doesn\u2019t repeat itself, but it does rhyme -The need to live doesn\u2019t ever go away\u2014we just transition into more affordable living arrangements. Lower cost homes are going to do well -High price/custom homes are going to take a hit -Historically, storage has done really well -Assisted living facilities are positioned for great need in the real estate industry -A lot of people have been moving to Tennessee due to low income taxes -If interest rates go up, you must consider if your target audience can still afford to buy your product. That\u2019s why Brandon\u2019s team is staying away from the higher priced homes, and building more affordable homes -Interest rates and inflation are working against each other -Real estate is a safe haven for inflation -Brandon predicts that we\u2019re going to have a lot of volatility; it\u2019s best to be where the greatest demand is right now Useful Links: Financial Survival Network HBG Capital