Episode 154: Inflation Psychology

Rohan and David discussed the following in this episode:Podcast episode about real estate, economics, and current events. Personal Consumption Expenditure (PCE) report and how it affects the Federal Reserve's decisions on interest ratesCommon people's misconceptions about inflationChallenges faced by the Federal Reserve in controlling inflationMultifamily sales in DFW being slower than in 2023A failed condo project in downtown Los AngelesCalifornia Supreme Court blocking a measure to kill the mansion taxAce Hotel reopening as a minimal service operation similar to AirbnbContent recommendation and experiences:Politics:Discussion about a "mansion tax" in Los Angeles and the difficulty of passing such a law due to voting requirements.Movies:King of New York (1990) - An 80s neo-noir crime film set in New York City.Television:Clipped (2024) - A miniseries on Hulu depicting the downfall of Donald Sterling, former owner of the Los Angeles Clippers.Restaurants: (36:53.728 - 37:18.008)Taco Bell - Mentioned in the context of making a homemade "Crunchwrap" inspired by Taco Bell's version.Local restaurants - No specific restaurants were mentioned during the discussion about food for the week.Don't miss this informative and entertaining episode! If you have any questions or comments for Rohan and David, please feel free to send us an email at [email protected]. We'd love to hear from you! ***Don't forget to follow GoodLife Housing Partners on Twitter (@GoodLifeHP), Instagram (https://www.instagram.com/goodlifehp/), Youtube (https://www.youtube.com/@GoodLifeHP), Facebook, and LinkedIn!https://goodlifehp.com/join/