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Welcome to the Texas real estate radio network with Mr Texas real estate J. survival and Mr California investor Robert or fino join us as Jason Robert talk about the hottest real estate markets in the country the entire state of Texas learn what Texas is such a great market to invest in and white could be strong for years to come get ready to talk all things Texas on your new home on the way to the office Texas real estate radio. This show is going to be so controversial rob didn\'t even want to be here today. That\'s that\'s how wild today is going to be I\'m just going to warn you. If if your if you\'re not used to couldn\'t. If you\'re not used to competing ideas. And nuance today is not gonna be your show. If you do like those things today\'s gonna be your show. Yesterday I\'m sitting here in studio robin robin I did 2 radio shows a lot of our shows are pre recorded since the show\'s nationally syndicated we can\'t be live across the entire country all at the same time we\'re trying to change that but you know as we grow you guys share like and love our videos online and share content maybe we can do a live show nationally we\'ve got a couple of things in the works right now so. Yesterday. I\'m sitting there and I\'m reading the news I\'m always in the news I\'ve actually I\'ve given some serious thought to actually starting a show that\'s economics and politics. So I have a a personal fascination with it however it\'s also critical to our business know exactly what\'s going on in the world of politics. And economics those 2 worlds collide and they have a massive impact on what we do is real estate investors. For example up biting right now is talking about eliminating 1031 exchanges. Those are tax free transfers of capital gains to another assets so you sell an apartment complex you go buy another apartment complex the gains you experienced. During the duration of your ownership for that asset what you sell that asset you can transfer those capital gains to the next asset without paying any taxes. So it\'s important for us as investors. To keep our eye on both of those worlds what\'s going on in politics what\'s going on in economics in the world of economics today. There is a massive expansion. In fiscal policy. And what is that the. In in Congress right now. Our elected officials are debating between 1000000000000 and $3000000000000 in additional. Dollars to be doled out to Americans and companies somewhere between 1 and 3000000000000. Which is a ridiculously huge number. At the beginning of this crisis I never thought in 1000000 years we beat 1012 $0 into fighting this thing. And I use the term fighting loosely because really all we\'re doing is just handing out cash. Now you might ask yourself what Jason what\'s the impact to real estate on piles of cash. Well it\'s simple it\'s going to make real estate more expensive. Now there are a lot of economists that I really do enjoy reading however. I disagree with a lot of the fact most of them on inflation. Inflation is showing up in 4 different places. So when ever the government. Increases the amount of money in the system whether they do that through monetary or fiscal policy when there\'s more money in the system it shows up at least in the last 20 years. In one of 4 places or all 4. In each of these 4 places that inflation shows up in arrives. Our our assets that you can borrow money for. Yeah I\'ll give you this for real quick automobiles. Higher education. Health care. And real estate. You can borrow money quite easily for all for those things. There\'s trillions of dollars that come into the American system. Those dollars have to be allocated somewhere. Consumers borrow money and what are they borrow money for they borrow money for for different things higher education Kerr\'s health care real estate. Don\'t believe me look and see how much prices have risen. For more information visit mrtxre.com (Copyright Mr. Texas Real Estate)