A Clare builder's accused the Government of not having the will to solve the housing crisis. It's after a a 10 per cent levy on concrete blocks, to raise funds for mica and pyrite redress schemes, was announced in Budget 2023. Ciaran Breen of Ciaran Breen Construction in Ennis and Dr. Martina Cleary from the Clare Pyrite Action Group have been speaking with Clare FM's Morning Focus about the levy.
Just how far will real estate fall?Check The Lead-Lag Report on your favorite social networks.Twitter: https://twitter.com/leadlagreportYouTube: https://www.youtube.com/c/theleadlagreportFacebook: https://www.facebook.com/leadlagreportInstagram: https://instagram.com/leadlagreport Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off. Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.See disclosures for The Lead-Lag Report here: The Lead-Lag Report (leadlagreport.com)The Future Is FreelanceThis show is for freelancers, sole traders, solopreneurs, digital nomads, consultants,...Listen on: Apple Podcasts Spotify UNBOUND: Saybrook Insights with President Nathan LongSaybrook Insights is a podcast featuring education & community innovators! Listen on: Apple Podcasts Spotify
Give me five minutes, and I'll help you to understand the complexities of the housing crisis we face in 2022 and why both home buyers and renters are finding it difficult to move ahead. It's complicated. If you have a question you'd like to ask, go to https://getoutofdebt.org/question, or if you want to leave a question for an upcoming podcast, go to https://getoutofdebt.org/message. Steve Rhode, your Get Out of Debt Guy from GetOutOfDebt.org. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/get-out-of-debt-guy/message
The White House student loan forgiveness plan could end up costing about $400 Billion. There's a UC housing crisis that's forcing students to work multiple jobs in order to afford rent costs among other living necessities. The 'Mandela' bill would limit solitary confinement in California prisons and jails. And climate change is causing hurricanes to intensify faster than ever before.
We begin with a look at the aftermath of Hurricane Fiona on the Maritimes. We speak with Professor Anya Waite from the “Ocean Frontier Institute” to discuss what lessons we can learn from the devastating storm. Next, we examine the current housing crisis in Canada, from very low inventory to rising interest rates making homeownership incredibly difficult for those looking to break-in to the market. We tackle the topic with Ray Sullivan from the “Canadian Housing and Renewal Association”. How does Canada rank as a country? Well, according to a survey from website “US News”, we've made our way into the ‘Top 5' list of best countries to call home. We get details on what ‘criteria' the survey considered from Morgan Felchner, Executive Editor of “US News”. Finally, like it or not winter is coming!! We catch up with Michael Lopez of “Reliance Home Comfort” for a Fall “to do list” in order to ‘prep' your home for the cooler weather ahead.
It is now time for our series “Vancouver Election - Solving The Housing Crisis,”. Each of the major candidates for the Vancouver mayoral race will join us to discuss their housing platform, and the issues surrounding housing in Vancouver. Guest: Kennedy Stewart, Vancouver Mayoral Candidate for Forward Together Vancouver.
Following on from Episode 13, we examine the housing crisis that gripped postwar New York City in the 1940s. This pressing social issue was depicted in both Frank Sinatra's IT HAPPENED IN BROOKLYN (1947) and the pro-squatter, anti-landlord classic, IT HAPPENED ON 5TH AVENUE (1947). We learn that New York City in the late 1940s was a formative setting for tenant activism that leaves a rich legacy for us in the early 2020s, both in the US and here in Australia. Where Sinatra's film at MGM deals with the housing crisis in a middling & passive way, its sister Allied Artists film IT HAPPENED ON 5TH AVENUE (1947) is an explicitly pro-squatting, pro-working class & anti-landlord masterpiece. It is absolutely essential viewing. Plus, a topical surprise visit from an old friend of the show. Recommended: Roberta Gold's When Tenants Claimed the City, THE LAST BLACK MAN IN SAN FRANCISCO (2019) and the podcast Eating for Free. Tom Tanuki's article about the scourge of Airbnb in Australian cities: https://independentaustralia.net/business/business-display/we-have-a-plague-of-airbnb-landlords,16751 Join the Renters and Housing Union Victoria (RAHU) - WEBSITE: https://rahu.org.au/ INSTAGRAM: http://instagr.am/rahunionvic TWITTER: http://twitter.com/rahunion FACEBOOK: https://fb.me/rentersandhousingunion Contact us - EMAIL: firstname.lastname@example.org INSTAGRAM: http://instagr.am/suddenlypod TWITTER: http://twitter.com/suddenlypod
This Reboot Republic Podcast talks to Sinn Féin spokesperson on housing, Eoin Ó Broin, about their proposals on housing for the upcoming Budget, including increasing capital funding for housing, providing 20,000 public housing, and how that could be done, renters relief, removing investor funds tax breaks, and a referendum on a right to housing. For more click on patreon.com/tortoiseshack Production and Editing by Tony Groves
It is now time for our series “Vancouver Election - Solving The Housing Crisis”. Each of the major candidates for the Vancouver mayoral race will join us to discuss their housing platform, and the issues surrounding housing in Vancouver. Guest: Fred Harding, Vancouver Mayoral Candidate for NPA Vancouver.
It is now time for our series “Vancouver Election - Solving The Housing Crisis”. Each of the major candidates for the Vancouver mayoral race will join us to discuss their housing platform, and the issues surrounding housing in Vancouver. Guest: Mark Marissen, Candidate for Mayor of Vancouver with Progress Vancouver.
It is now time for our series “Vancouver Election - Solving The Housing Crisis,”. Each of the major candidates for the Vancouver mayoral race will join us to discuss their housing platform, and the issues surrounding housing in Vancouver. Guest: Ken Sim, Vancouver Mayoral Candidate of ABC Vancouver.
Jason has been investing in real estate for over 10 years. He started with single-family homes and has since moved into the multifamily real estate space. He scaled his portfolio to over 1000 multifamily units in just a few years. Jason grew up in a lower-class family and was always mindful of the tenants that he served. That concern led him to transition his company into the affordable housing space. His company is now devoted to helping solve the affordable housing crisis while maintaining strong returns for his company and his investors. Prior to becoming a full-time multifamily entrepreneur, Jason spent over 11 years of experience in software development and has a Bachelor of Science degree in Computer Science from the University of Memphis. He is also a United States Marine Corps veteran. *DISCLAIMER - We are not giving any financial advice. Please DYOR* (00:00 - 01:22) Opening Segment - Jason is being introduced as the guest Host - shares something interesting about his self (01:22 - 34:06) Solving the Affordable Housing Crisis - Talking about how to start investing in the real estate business - Jason with his first investment - What is the meaning of an affordable house - What market to focus on. - How to plan to solve a crisis about this affordable housing (34:06 - 34:54) Closing Segment -If you want to learn more about the discussion, you can watch the podcast on Wealth Matter's YouTube channel and you can reach out to Alpesh using this link. Check us out at: Facebook: @wealthmatrs IG: @wealthmatrs.ig Tiktok: @wealthmatrs
Earlier this year, we hosted our annual Prosperity Summit, highlighting the local affordable housing crisis. With alarming statistics shared with no relief in sight, it was apparent that we were going to have to think outside the box and find innovative ways to solve this problem… And that is exactly what Kyndra Light was doing. On this week's episode of the Tallahassee Business Podcast, presented by The Health Network, Kyndra, Owner of Precision Building & Renovating shares how she and her husband are utilizing 3D printing to build homes that are more affordable, environmentally friendly, and manufactured much quicker than traditional construction. On September 30, Kyndra and James will unveil to the public, the first 3D-printed home in the state of Florida, built in the Griffin Heights neighborhood in Tallahassee. Learn more about Kyndra at www.rethinkconstruction.com.
The housing crisis seems like one of the most intractable problems threatening America. But slowly and surely, we're solving it, and you can be a part of the solution. President of California YIMBY, Brian Hanlon, joins Adam to explain how his group is building a movement for fair housing, how to organize for your rights as a renter, and the two pieces of legislation that could dramatically expand housing in California. Check out welcomingneighbors.us to learn more. Learn more about your ad choices. Visit megaphone.fm/adchoices
Please Support the Channel (It's just me making China Update):https://www.patreon.com/chinaupdatehttps://www.buymeacoffee.com/chinaupdateChina Update is about China economic and political news and analysis, today we discuss the Chinese economy, housing crisis, Tesla, narratives and other China news #chinaupdate00:00 Introduction00:11 Chinese Economy: Shanghai, Housing, Solar Panels & Tesla06:32 New SeriesChannel email: email@example.comMy consulting firm:https://www.chinaupdateconsulting.com/China Update provides you guys with the most up to date political, economic, and geostrategic analysis on China - so that you are on top of the world's number 2 economy. I was originally a lawyer who later moved to China to work in policy. My videos are based on hundreds of articles, think tank reports, government statements and other resources in English and Chinese. The views and analysis are all my own and I make the videos.Disclaimer: China Update is not a financial advisory channel. Nothing I say should be taken as investment advice. Please speak to a professional before making any investment decisions. While I take great care in researching everything discussed in my videos, I do not guarantee that all claims are 100% accurate, all claims should be verified by viewers.
It is now time for our series “Vancouver Election - Solving The Housing Crisis,” that you will be hearing all week at this time. Each of the major candidates for the Vancouver mayoral race will join us to discuss their housing platform, and the issues surrounding housing in Vancouver. We have collected your questions that you sent to us, and some of them will be asked to the different candidates. Guest: Colleen Hardwick, Vancouver Mayoral Candidate - TEAM for a livable Vancouver, Vancouver City Councillor.
The UK has a housing crisis: in the past decade, decent and stable living arrangements have become an impossible dream for many.The New Statesman's senior associate editor Rachel Cunliffe speaks to Hashi Mohamed, author of A Home of One's Own, which draws on his own history of housing insecurity and his professional career as a planning barrister, about how we came to this point and what can be done.They discuss the segregating and alienating effects of housing insecurity, why successive governments have failed to act on this crisis, and how they can be persuaded that it's a priority.Podcast listeners can get a subscription to the New Statesman for just £1 per week, for 12 weeks. Visit www.newstatesman.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.
According to an article from Bloomberg, homebuyers are pulling back as central banks raise interest rates at the fastest pace in decades, sending house prices tumbling. Meanwhile, millions of people who borrowed cheaply to purchase homes during the pandemic boom face higher payments as loans reset. In today's episode of The Higher Standard, Chris and Saied discuss this painful housing reset in some of the hottest markets around the world, even as some so-called influencers continue to claim that house prices won't fall in the U.S. - even though they already are. They discuss the increase in rent that appears to be rising as fast as the cost of buying (as in, rising interest rates). The latest figures from the Mortgage Bankers Association and the US Census Bureau show that rents have risen approximately 10% since the fourth quarter of 2020. They look at Fed Governor Christopher Waller's comments that he expects to raise the central bank's benchmark interest rate 75 basis points this month, though he's open to a larger move depending on incoming data. Chris and Saied also revisit the Inflation Reduction Act (Chris is still not a fan) and explain why it really is about printing money, despite what the naysayers claim. This is a show you do not want to miss! Join Chris and Saied for this fascinating conversation. Enjoy! What You'll Learn in this Show: The latest figures from the Mortgage Bankers Association and the US Census Bureau, showing that rents have risen approximately 10% since the fourth quarter of 2020. Fed Governor Christopher Waller's recent comments about an expected 75 basis point increase, and the reasons why he's comfortable with an even higher increase if required. The Inflation Reduction Act and why it really IS about printing money, despite what the naysayers claim. And so much more...
Errol Louis, political anchor of Spectrum NY1 News, host of Inside City Hall, New York Magazine columnist and host of the podcast You Decide, explains NYC's right to shelter and looks at the larger issue of the affordable housing crisis and the political gamesmanship involving migrants being bused to the City from Texas.
Man in Federal Way shoots out his own truck windows while confronting man accused of stealing it. A pair of deadly hit and run incidents. Seattle mayor admits ‘streets are unsafe'. KNOW IT ALL: 1) Mariners likely to make playoffs according to oddsmakers. 2) Trump warns of ‘big problems' in America if he is indicted. 3) Desantis sends migrants to Martha's Vineyard. // Martha's Vineyard residents react to migrants who have arrived on their island. // The Queen's funeral is expected to be one of the most viewed events in human history.See omnystudio.com/listener for privacy information.
This is Part 3 of a special three-part mini series about the housing crisis in the Bay Area and the architects, designers, activists, developers, and innovators that are doing something about it. This final installment features individuals and organizations working toward three vastly different housing solutions, their design processes, and visions for the future. Guests featured in this episode are: Deanna Van Buren, Co-Founder and Design Director of Designing Justice + Designing Spaces Cara Eckholm, Chief Revenue Office at Nabr Osma Dossani Thompson, Architect and Senior Associate at DLR Group We hope you enjoyed this series! Let us know what you think by sending feedback to firstname.lastname@example.org
A new survey finds Native American renters faced evictions at a far higher rate than other ethnic groups over the past year. The report comes as the U.S. Census Bureau estimates there could be as many as 3.8 million evictions by October. At the same time, there is some glimmer of hope for renters. Realtor.com shows average rent prices were mostly flat compared to a year ago and employment data shows the labor market is rebounding following the pandemic. Today on Native America Calling, Shawn Spruce talks about the status of the rental market and evictions with Earl Tulley (Navajo), Emergency Rent Assistance Program manager for the Navajo Nation; Tony Walters (citizen of the Cherokee Nation of Oklahoma), executive director of the Native American Indian Housing Council; Coya Delfina Crespin (Acjachemen Nation), senior metro community organizer for the Community Alliance of Tenants; and Elizabeth Elliott (they/them), executive director for the Northern Circle Indian Housing Authority.
This week features Juan Diaz, a Policy Advocate at the Citizen's Committee for Children of New York. Juan discusses how his former employment experience at Homebase allows him to develop policies that can further assist families experiencing homelessness. Homebase- https://www1.nyc.gov/site/hra/help/homebase.page https://youtu.be/_9FRoM-hG1w https://riseboro.org/contact/homebase-homeless-prevention/ A non-profit organization that aids families and individuals facing housing instability. Homebase helps with rental arrears, voucher assistance, aftercare services for families and individuals exiting NYC Department of Homeless Services (DHS) shelters, and eviction prevention services. Please utilize the Homebase locator to go to your nearest Homebase; they are location-based.
What are the emotional consequences of precarious housing? How do we reframe the housing crisis from a "knotty policy problem" to a "fundamental issue of justice"? Planning barrister and author of a new book A Home Of One's Own, Hashi Mohamed joins Sarah Collins on the podcast, along with Ben Reeve-Lewis, co-founder of housing charity Safer Renting. Hosted on Acast. See acast.com/privacy for more information.
Today's guest, Frank Furman, is one of the founders of PadSplit. Learn how Frank helps investors double their yield while also increasing their social returns.Timestamps[00:27] Introduction[01:19] Frank talks about his marketplace platform[PadSplit]; what they do and the problems they solve[04:01] The niche that Frank's team serves[04:15] Funds that PadSplit rolls out to support and motivate it's investors[07:02] Frank compares the returns while renting in shared space vs a whole home[07:35] Tidbits on how you can pick the right neighbourhood when purchasing rental assets[11:23] Frank's solution to affordable housing crisis in communities that have a big pool of existing renters[12:44] Risks involved in providing solutions to affordable housing[14:57] Frank shares more on their assets; their strategy when picking places[16:15] Frank's experience when underwriting deals and taking out loansSign Up For Our Free Newsletter where we cover the latest in Stocks & Crypto, Multifamily, and the Nation's Economy: https://perpetualwealthcapital.com/newsletter-signup/Download our free ebook: The Definitive Guide To Building Generational Wealth & Passive Cash Flow Through Multifamily Real Estate InvestingIf you like our content, please give us a rating on the platform you're listening on!Get in touch: Justin@PerpetualWealthCapital.com Let me know what topics you'd like to learn more about.Connect with Frank Furman;Linkedin; https://www.linkedin.com/in/frank-furman-4b70b353/ Website; https://www.padsplit.com/ Email; email@example.com
You guys remember 2008? Remember how much fun that was? Well what if it was it was somehow worse but also happening in China right now? James gets in way over his head and explains how the Chinese economy went from growing at 10 percent a year to tanking in a way that might ruin global trade for a generation. Or not. Who knows?
Key topics:✔️ ICYMI news, 9/4 - 9/9.✔️ A zero down mortgage? What could possibly go wrong! *Gestures towards 2008*✔️ I had a disappointing experience of prices going up so fast the store employees couldn't keep up with changing the stickers on the shelves. CNN published a story about a $25 backpack being unaffordable. But oh yeah - people'r'doin great!
Looking at the average beginning salary for a college graduate and how that relates to what you can afford is an important step in life. Looking at a specific scenario of gross income equaling $48k and then showing what typically will reduce that income providing you with your actual take-home pay, will help you determine what you can spend. Looking at typical percentages of mortgage debt, it may be best to house hack or work to increase your income in order to hit the right percentage without having too high of a percentage going to housing. Margin Membership Sign-up: https://millennialmargin.com/learn/How are your finances doing? Take the quiz: https://i2tvdm52vbg.typeform.com/to/YFcT68CWJared created Millennial Margin out of necessity, as he has watched countless people schedule-away, mortgage-up, and max-out their lives. Margin is simply the antithesis, providing leeway in an increasingly margin-less culture.Subscribe for daily tips and discussions about how to better manage your personal finances and, by extension, your margin.Listen to the podcast: https://margin.simplecast.com/Have a question? Contact Jared at firstname.lastname@example.orgFollow Millennial Margin: facebook.com/millennialmargin, instagram.com/millennialmargin1, or simply visit millennialmargin.comGoal/Disclaimer: My goal with [Margin] is to prepare you with the knowledge but then inspire you to act on that knowledge. My goal is to be in your corner bridging the gap between your trusted CPA, attorney, and financial planner. My advice is simply from my own personal experiences and is not meant to override or replace professional advice from your trusted investment professional. The content found here is for entertainment purposes only.
Where does Rotorua's tourism sector sit in the midst of the city's emergency housing crisis? This story isn't going away - we've got calls for investigations, and the Human Rights Commission is now saying it will make inquiries. Co-founder of the Redwoods Tree Walk, Bruce Thomasen, summarises it all here. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Midweek Mediawatch: Hayden Donnell talked to Bryan Crump about a TVNZ emergency housing expose that also raised questions about coverage of the issue - and how the Herald set the record straight on a headline-making lockdown breach last year. Also - a Mediawatch prediction that fell flat - and breaking news about Bryan himself.
It's important to sit down and ask yourself some key questions before stepping into making the largest purchase most people make; a home! Looking at five areas recommended to think through, will be a great start to ensure that you are actively thinking through what it is you want out of life and then how your home can support or facilitate that.Margin Membership Sign-up: https://millennialmargin.com/learn/How are your finances doing? Take the quiz: https://i2tvdm52vbg.typeform.com/to/YFcT68CWJared created Millennial Margin out of necessity, as he has watched countless people schedule-away, mortgage-up, and max-out their lives. Margin is simply the antithesis, providing leeway in an increasingly margin-less culture.Subscribe for daily tips and discussions about how to better manage your personal finances and, by extension, your margin.Listen to the podcast: https://margin.simplecast.com/Have a question? Contact Jared at email@example.comFollow Millennial Margin: facebook.com/millennialmargin, instagram.com/millennialmargin1, or simply visit millennialmargin.comGoal/Disclaimer: My goal with [Margin] is to prepare you with the knowledge but then inspire you to act on that knowledge. My goal is to be in your corner bridging the gap between your trusted CPA, attorney, and financial planner. My advice is simply from my own personal experiences and is not meant to override or replace professional advice from your trusted investment professional. The content found here is for entertainment purposes only.
As California's housing crisis becomes more dire and cities feel mounting pressure to build more housing, many are eyeing church-owned real estate as a potential solution. Reporter: Adhiti Bandlamudi, KQED
If we want great cities, people from all walks of life need to be able to live in them. But even with experts predicting that rising interest rates will drive national housing prices down by as much as 23 per cent by the end of this year, most of us would still consider those adjusted prices totally unaffordable. While most of the housing crisis conversation has centered on supply — just build build build — there's a lot more going on that's causing the problem. In our last episode of the season, Adrian talks to three experts about other housing crisis factors that don't always get the spotlight. Guests for this episode are Andy Yan, an urban planner and director of Simon Fraser University's City Program; Naama Blonder, a Toronto-based architect and urban planner with Smart Density and Rachelle Younglai, The Globe's real estate reporter.
Chief political correspondent Sarah Martin talks to Julie Collins, the federal housing minister, about Labor's election promise to build 30,000 affordable homes and how she's working with states and territories to address the social housing shortage Get our free news app, morning email briefing or daily news podcast
Health problems, a job loss, a death; just a few of the ways someone can suffer a financial emergency. When these events result in difficulties paying rent or a mortgage, Project Home of Cranford can help. In this week's episode we talk with Lisa Orrico, the president of Project Home and Maggie Feeney, the vice president to learn how the organization can help and how they work with Cranford Family Care to help those in need.
September is the end of peak moving season. Of course we're gonna tackle this with some housing based comedy. There's also some last supper hijinx going on. Good Times. The Housing Crisis written by Levi GarciaRalph - Leon ClintonGina - Mollie KirbyBigfoot - Colin HigginsNatalie - Christina MakHousewarming Party written by Christina MakWillie - Daniel JonesJosh - Leon ClintonWillie's mom - Mollie KirbyLast Supper written by Andy BonneyWaiter - Christina MakJesus - Leon ClintonMatthew - Levi GarciaPeter - Colin HigginsEditor and Sound Design: Levi GarciaSome sound effects provided by ZapSplatAirport Lounge song by Kevin MacLeod (incompetech.com)Episode Cover by Levi GarciaImage by Max Vakhtbovy thru PexelsRecorded over Zoom
“Poor, but sexy” Berlin was famous for its cheap rents, but these days, the capital city is the second most expensive in Germany and among the 50 priciest in the world. Host Soraya Sarhaddi Nelson explores Berlin's residential crisis brought on by a shortage of housing and inflation and what cities in Europe may offer a solution with guests:Barbara Steenbergen, head of the EU liaison office of the International Union of Tenants; Wibke Werner, deputy manager of the Berlin Tenants' Union; Kalle Kunkel; housing rights activist with the campaign Expropriate Deutsche Wohnen and Co.;TV and newspaper journalist Erik Kirschbaum. This show was produced by Dina Elsayed.
Your home is about to be worth less.Check The Lead-Lag Report on your favorite social networks.Twitter: https://twitter.com/leadlagreport YouTube: https://www.youtube.com/c/theleadlagreport Facebook: https://www.facebook.com/leadlagreport Instagram: https://instagram.com/leadlagreport Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off. Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. See disclosures for The Lead-Lag Report here: The Lead-Lag Report (leadlagreport.com)The Personal Finance PodcastSubscribe now and Master Your Money in Less than 30 Minutes Per Week! Listen on: Apple Podcasts Spotify
This is Part 2 of a special three-part mini series about the housing crisis in the Bay Area and the architects, designers, activists, developers, and innovators that are doing something about it. Part 2 explores how people are currently navigating building housing in the Bay Area and features conversations with Caroline Souza, principal at David Baker Architects, and Mauren Sedonaen, CEO at Habitat for Humanity Greater San Francisco. This series is sponsored by AIA San Francisco and DLR Group.
Welcome an extremely special guest, and a huge propeller of change for the good of our Los Angeles community, Hugo Soto Martinez! It's people like Hugo who make the world feel a little less scary and a lot more hopeful! Join us as we chat about growing up LA, rich people, and LA's current enemy: Mitch O'Farrell. Like the show? Rate Enemies 5-Stars on Apple Podcasts and let us know who your enemies are by calling 323-677-1943 or emailing firstname.lastname@example.org Follow Liza Treyger: Twitter: @glittercheese Instagram: @glittercheese and @enemiespodcast Follow Hugo Soto Martinez: Twitter: @HugoForCD13 Instagram: @HugoForCD13See omnystudio.com/listener for privacy information.
Welcome back! Small Axe Community! Today we have Jason Stubblefield! Jason has been investing in real estate for over 10 years. He started with single-family homes and has since moved into the multifamily real estate space. He scaled his portfolio to over 1000 multifamily units in just a few years. Jason grew up in a lower-class family and was always mindful of the tenants that he served. That concern led him to transition his company into the affordable housing space. His company is now devoted to helping solve the affordable housing crisis while maintaining strong returns for his company and its investors. Prior to becoming a full-time multifamily entrepreneur, Jason spent over 11 years of experience in software development and has a Bachelor of Science degree in Computer Science from the University of Memphis. He is also a United States Marine Corps veteran. Join us today as we learn how Jason and his team built S&S Capital Partners which specializes and improving multifamily properties and their focus on acquiring income-producing properties. [00:00 - 07:56] Opening Segment Jason Stubblefield is a real estate investor with over 10 years of experience. He transitioned his company into the affordable housing space and now helps solve the affordable housing crisis. Jason is also a veteran and has a bachelor's degree in computer science from the University of Memphis. Jason is a general partner in all the deals that S&S capital partners do, and he focuses on acquisition and asset management. He also helps raise capital for the company. Jason's advice for aspiring real estate investors is to create a system where investors can come to you easily and be consistent with your content. He says it takes time and effort [07:56 - 16:36] How to make your affordable housing project more successful Somebody can reach out to you and set up a meeting with you through the S&S capital partners' website or social media. The best conversations with investors are those who have heard me before, as they are already primed and understand my message. It is important to have teams in order to do deals of this size, as one person cannot do it alone. Affordable housing refers to rent that is at 80% of the area's median income or less. There are many programs under the affordable housing umbrella, such as section 8 and government incentives. Quick Ad: Nico Invites you to join Jake's & Gino's Multifamily Mastery 5 in Florida this coming November 2022 If you're joining, Nico Salgado offers early bird pricing for you! All you have to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at email@example.com to get the code you can use to avail a discount! [16:36 - 23:52] How to Make an Investment in Multifamily Property without Sacrificing Yield Jason tried to find deals like the one he lost out on, but it became increasingly difficult as investors looked for higher yields and less risk. He found a mentor who taught him about tax credits and partnered with the government to make beautiful properties affordable for tennis players. Jason has similar experiences to his own and has overcome limiting beliefs about money and success by searching for opportunities. [25:19 - 28:40] Closing Segment Connect with Jason by visiting their website at www.snscapitalpartners.com LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode. I believe that you only need a small axe to build a lasting empire. Let's start building yours! To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me. Tweetable Quotes: “Affordable housing is like this umbrella under which a lot of different programs fall underneath. So if you're making 80% of what area median income, then how much are you paying for rent? And if you can get rent at 30% of your salary, then that was what we technically call affordable. Right? So just no more than 30%. What happens though is cause you got market dynamics, supply-demand, whatever people are paying 35 or 45 or even 55% of their income just on rent. So making it affordable is trying to fall underneath that 30% threshold.” - Jason Stubblefield “There are people who have different sets of problems. The problem is not money anymore. It's problems like how can I save and not give as much of that money to taxes, or now there's even non-profits or funds that have quotas that they have just gathered so many dollars from pensioning funds or whatever, and they need a place to put all that money, like billions of dollars. So it's interesting to think about that. You know, you find what you're looking for. So once you start searching you start finding those answers.” - Jason Stubblefield
In this Real Estate News Brief for the week ending August 13, 2022… a surprise inflation report, how that might impact mortgage rates, and a solution for the housing crisis involving women and immigrants.Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.Economic NewsWe begin with economic news from this past week. The report on the Consumer Price Index, or CPI, shows a bigger-than-expected decline in July. According to the Labor Department, the annual rate of inflation dropped from 9.1% to 8.5%. Economists surveyed by Dow Jones had expected a reading of 8.7%. The decrease was mostly due to a big drop in gas prices. The core rate, which omits prices for fuel and food, was also better than expected at 5.9%. (1)Producer prices also put on the brakes in July. That index was down .5% after a 1% jump in June. As reported by Market Watch, it's the first drop in producer prices since April of 2020. (2)Jobless claims were up by about 14,000 to a total of 262,000 new claims for the week. There's been a slow increase in applications as the Fed tightens its monetary policy and companies tighten their belts, slightly. Stuart Hoffman at PNC Financial told CNBC: “The rise in initial claims since early April is a cool breeze blowing over a hot labor market.” Continuing claims also rose to a total of about 1.43 million. (3)Consumers are feeling a little better about the economy because of falling gas prices. The University of Michigan's Consumer Sentiment Index was up four points to 55.1 in August. MarketWatch reports that lower gas prices have put consumers in a better mood but they are still concerned about the cost of things like food and rent. (4)Mortgage RatesMortgage rates also jumped back over 5% last week. Freddie Mac says the average 30-year fixed-rate mortgage rose 21 basis points to 5.22%. The 15-year was 4.59%.Freddie says: “Although rates continue to fluctuate, recent data suggests that the housing market is stabilizing as it transitions from a surge of activity during the pandemic to a more balanced market.” (5)In other news making headlines…NAR: Mortgage Rates May Have Topped OutThe latest inflation reports have led some economists to believe that we won't see mortgages go much higher than they are now. The Chief Economist for the National Association of Realtors, Lawrence Yun, believes that the worst of the situation is now behind us. (6)He said in a realtor.com blog: “If there is a sustained decline in gasoline prices and more production of apartments and single-family homes, consumer prices will pull back, encouraging the Federal Reserve policy to be less aggressive.” And that: “Mortgage rates will fall.”Auction.com: Foreclosure Spike ExpectedForeclosure activity is expected to increase over the next 12 months, as pandemic-related protections expire for seriously delinquent homeowners. The information comes from a survey by Auction.com with dozens of clients. (7)The survey shows that nine in 10 mortgage servicers are expecting more foreclosures. 74% expect a “slight increase” while 15% expect a “substantial increase.”The expected foreclosure rate is below historical averages nationwide but some clients expect 30% or more of their delinquent inventory to end up in foreclosure. The survey shows that the loans most likely to foreclose are government-insured loans and properties in the Midwest.Women & Immigrants to the Rescue!Getting more women and immigrants interested in the construction industry could help solve the housing crisis. Home builders have been dealing with a severe labor shortage, and a Harvard researcher told members of Congress recently, that the industry could expand its workforce by promoting the industry to women and immigrants. (8)Harvard's Christopher Herbert says the industry is “overwhelmingly male” and needs more women on the job. He also pointed out that 20 years ago “we built two million homes a year… and a lot of that was through immigration.” Currently, about 25% of workers are immigrants although some states, like California and Texas, have a much higher percentage. About 11% of construction workers are women.That's it for today. If you'd like to read more about any of these topics, check the show notes (below) for links at newsforinvestors.com. And please remember to hit the subscribe button, and leave a review!If you haven't yet joined RealWealth, please sign up. It's free and will give you access to our members-only Investor Portal where you'll find data on specific markets, the property teams that we work with, and other resources. Thanks for listening. I'm Kathy Fettke.Links:1 -https://www.marketwatch.com/story/coming-up-u-s-july-cpi-data-due-at-8-30-am-eastern-11660132986?mod=mw_latestnews2 -https://www.marketwatch.com/story/u-s-producer-prices-moderate-in-july-11660221842?mod=bnbh_mwarticle3 -https://www.marketwatch.com/story/u-s-jobless-claims-move-higher-in-latest-week-continuing-recent-trend-11660222483?mod=economic-report4 -https://www.marketwatch.com/story/falling-gas-prices-buoy-consumer-sentiment-temper-inflation-expectations-11660313127?mod=newsviewer_click5 -https://www.freddiemac.com/pmms6 -https://magazine.realtor/daily-news/2022/08/11/yun-slowing-inflation-suggests-mortgage-rates-have-topped-out7 -https://www.housingwire.com/articles/expect-a-foreclosure-spike-in-the-coming-months/8 -https://www.marketwatch.com/story/the-solution-to-the-labor-shortage-in-construction-more-women-and-immigrants-says-harvard-researcher-11657823746?mod=real-estate-construction
It's true: financial institutions are, indeed, buying up homes and turning them into rentals. But should this be a cause for concern? In the second part of this two-part series, the guys look at the strategy these companies use when choosing homes (or entire neighborhoods), as well as how this came about, and what it means for the average homebuyer competing in the same areas.See omnystudio.com/listener for privacy information.