1522: Lender of Last Resort, Comparing Spanish Flu to COVID-19 Economics

Jason Hartman talks about home prices in the U.S. As home prices have seen a strong bounce in June, will this last? Will the cost of ingredients for a home drop? Cyclical markets see the most movement. How much has The Federal Reserve lent to other countries? Living in urban areas has historically been out of necessity. Currently, technological advances have taken away the demand for living in highly populated areas. Taylor and Hartman discuss the change in housing costs as influenced by the bubonic plague 800 years ago, but how reliable is this information? LIVESTREAM: Sunday Morning, Coffee Tok (Talk) 11 AM EDT facebook.com/JasonHartman.com Key Takeaways: [2:00] Calling to abolish history classes? [3:30] Home prices sees strong June bounce, but it likely won't last. [7:20] The cost of all of the ingredients for which they build a home would have to decline. [10:30] The work at home revolution and the lender of last resort. Brian Taylor [14:00] Flashback 102 years to the Spanish Flu, what happened economically? [18:00] Are we to face a repeat of the roaring '20s? [22:00] Technology has solved the necessity of living in urban areas. [23:15] During the bubonic plague, 1/3 third of the population was wiped out, while the houses remained, causing the most significant housing price drop in history. [27:25] How reliable is 800-year-old data? Websites: GlobalFinancialData.com 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