1512: Rentier Class, Jeffery Gundlach, Big Cities Suffer Exodus, Economic Rent

Big cities are likely going to suffer from the mass exodus. Wuhan, China, has already seen a rent reduction. Jason Hartman discusses the high-density departure as well as the collapse of the state tax revenue.  Rabbi Moffic joins Jason to break down the value of a home asset. As well, they discuss the concept of economic rent and how investors can profit from multi-generational living.  Meet The Masters Virtual: July 31 – August 2 JasonHartman.com/Masters  Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll Key Takeaways: [3:45] Big cities are likely to suffer from an exodus.  [6:45] 6% - Current rent reductions in Wuhan, China since COVID-19 [8:00] The tax revenue from the states has completely collapsed. [16:30] Understanding the concept of economic rent being in the rentier class. [20:45] When you buy a house, you purchase an asset that cannot be duplicated.  [25:16] Compared to the amount of money creating, inflation has been low.  [33:00] Briefly, how can investors profit from multi-generational living? Websites:  JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN