1164: Disincentivizing Home Ownership & History of the Future, Oculus, Facebook & the Revolution That Swept Virtual Reality by Blake Harris

Jason Hartman and his in-house economist Thomas begin today's show by looking at how the tax reform is impacting home ownership across the country. Deductions that use to be highly favorable to many families have now become not as useful as the standard deduction was nearly doubled under the new law. This could cause some people to view purchasing a primary residence a bit differently. Then Jason talks with Blake Harris, NY Times best selling author of the new book The History of the Future: Oculus, Facebook & the Revolution That Swept Virtual Reality, about the impact technology is having on our lives and how virtual reality can (and currently can't) fit into them as well. The two examine who the leaders are on the VR front, what price point you're currently looking at versus how much it may cost in the future and more. Key Takeaways: [6:12] When the government disincentivizes home ownership, investors win [10:38] Some quick and simple math about how changes in the tax law is making some families lose deductions Blake Harris Interview: [14:29] Is the Virtual Reality revolution over before it's even really begun? [17:25] How technology could change the way we look at properties [20:56] What is "affordable" for virtual reality equipment? [22:38] Oculus is the clear leader for now, but who's coming behind them? [26:55] How virtual reality can be used in a social context [30:52] How much farther can virtual reality drive the retail apocalypse? Website: www.JasonHartman.com/Cruise www.BlakeJHarris.com