1785 FBF: Rising Labor Costs, Oversupply in Apartments & Economic Stats to Know

Today's Flash Back Friday is from episode 1089 first published last November 26, 2018. Jason Hartman takes today's episode to discuss some of the big issues in the real estate world. One of the biggest is the rising cost of labor that is causing rising construction costs that is causing a squeezing in the multi-family development. In regards to multi-family, however, we're also seeing an increase in apartment inventory, which is starting to reach scary levels. Jason also goes over some important economic news and ends with Og Mandino's Mission Success. Key Takeaways: [4:02] No service and no people is a common theme in service businesses these days [6:22] Increased labor costs are squeezing the multi-family development pipeline [13:08] The apartment inventory is starting to get scary, with supply getting excessive [21:56] Uncertainty over Brexit has caused people to seek safe haven in bonds [26:28] Og Mandino's Mission Success Website: www.JasonHartman.com/Properties Jason Hartman's Alexa Flash Briefing The PropertyCast   The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year???  This will be devastating to some and an opportunity to others, be sure you're on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Watch, subscribe and comment on Jason's videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos Free Mini-Book on Pandemic Investing: PandemicInvesting.com Jason's TV Clips: Vimeo.com/549444172  CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect What do Jason's clients say?: JasonHartmanTestimonials.com Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else:  JasonHartman.com/Fund Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com Free white paper on the Hartman Comparison Index™  Guided Visualization for Investors: JasonHartman.com/visualization