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The guys have covered criminals on plenty of past episodes, usually dealing with sophisticated schemes and the cleverest of cons. Plenty of illegal activity, however, is not so well-thought-out. On the latest episode of 4Thirty, Ben and Pat investigate the underworld once again, this time in search of lawbreakers that are somewhat lacking in terms of brainpower. The guys also dish out their usual dose of wild and whacky news this week as they speculate on all sorts of off-the-wall situations, share a little irrelevant insight, and wander down rabbit holes that only they can find. Did a famous serial-killer do himself in thanks to a floppy disk? Did a team of criminals really use invisible ink in an attempt to hide their faces from security cameras? Have several famous sports-stars found themselves on the wrong side of the law for the most asinine of reasons? How did a Doordash driver find himself on the tarmac of one of the world's busiest airports? For answers to these questions and a million more, please give the latest episode of 4Thirty in the Morning a listen!
The newborn son of Tzeela Gez, an Israeli woman killed in a West Bank terror shooting, has died; Israel's Foreign Ministry held a memorial ceremony in Jerusalem for Yaron Lischinsky and Sarah Milgrim, two Israeli embassy employees who were heinously killed in a shooting attack in Washington, DC.;The IDF struck Sana'a International Airport in Yemen on Wednesday morning and destroyed the last operational aircraft belonging to the Houthi rebels, Israel's Defense Minister confirmed; Police arrested a 41 year old Eritrean national for robbing and murdering a 71-year-old man here in Tel Aviv. An explosive device planted by terrorists detonated during combat in southern Gaza on Wednesday, killing 20-year-old IDF Sergeant Danilo Mocanu from Holon; A stunning Byzantine-era mosaic, originally discovered in 1990 near Be'er Shema in the western Negev, is now on public display after an extensive restoration.Click that you heard about Hasod (gift boxes) from “a podcast” when you check out. https://www.hasodstore.com/shopsmallIsrael Daily News website: https://israeldailynews.orgIsrael Daily News Roundtable: https://www.patreon.com/shannafuldSupport our Wartime News Coverage: https://www.gofundme.com/f/independent-journalist-covering-israels-warLinks to all things IDN: https://linktr.ee/israeldailynewsMusic: Tik Tak; Erika Krall & Lian Gold https://www.youtube.com/watch?v=xGqtwBjb-R8
The Salt Lake City International airport landed in the top 5 of most turbulent airports, according to turbli.com... KSL Meteorologist Kevin Eubank joins the show to explain why SLC Is more turbulent than other areas.
No plan for special session to address signature gathering Are condos the new starter home? The rising cost of homeowners insurance Home prices drop in Logan, UT SLC International airport lands in top 5 of most turbulent airports
It's National AccessAbility Week. Today on the show we ask what does accessibility really mean? And we talk about the what role a disability advocate could play in Newfoundland and Labrador. Guests: Nancy Reid, executive director COD NL; Joanne MacDonald accessibility advocate and Paralympian; Paul Power, Power Productions; Paul Walsh, CEO, Autism Society, Newfoundland & Labrador; Valerie Maidment, advocate and author; Steve Denty manager, commercial development and customer experience with St. John's International Airport.
NFTA Police Chief Brian Patterson provides a press briefing on the security breach at the Buffalo Niagara International Airport on Tuesday morning full 997 Tue, 20 May 2025 17:00:39 +0000 J47tuXeswj51aIgzFqx7e9DzbNASspe5 news,wben,cheektowaga,buffalo niagara international airport,nfta,nfta police,news & politics WBEN Extras news,wben,cheektowaga,buffalo niagara international airport,nfta,nfta police,news & politics NFTA Police Chief Brian Patterson provides a press briefing on the security breach at the Buffalo Niagara International Airport on Tuesday morning Archive of various reports and news events 2024 © 2021 Audacy, Inc. News & Politics News
Should there be a train to the plane? Translink say they're looking at the possibility of re-opening a trainline to Belfast International Airport. John spoke to Alliance MLA David Honeyford Hosted on Acast. See acast.com/privacy for more information.
In this episode, we speak with Marion N Chivot-Legris, Director of ESG & Sustainability Strategy at Edmonton International Airport (YEG), who shares how the Canadian airport is leveraging its unique position to drive sustainability innovation across the region.Chivot-Legris discusses:YEG's transformation into a “sustainability engine” for the entire region, building an integrated ecosystem that brings together clean energy companies, logistics, agri-food technologies, and education beyond traditional aviation operations.The airport's leadership in hydrogen development, leveraging Alberta's position as Canada's hydrogen corridor, with nearly 60% of the country's hydrogen produced in the Edmonton metropolitan region, to test use cases from ground vehicles to potential future aircraft.YEG's methodical approach to hydrogen adoption, starting with Toyota Mirai cars and Hyundai NEXO vehicles before progressing to heavier equipment like hydrogen-diesel dual fuel runway sweepers as stepping stones toward future hydrogen infrastructure.The airport's complementary approach to sustainable aviation fuel (SAF) and hydrogen, and how it's working with local partners to advance SAF production.Key lessons for airports beginning their sustainability journey: progress doesn't require perfection, partnerships are essential, and transparency in sharing both successes and challenges builds trust and encourages collaboration.Chivot-Legris also offers unique insights into how airports can serve as innovation hubs that extend their impact far beyond traditional aviation operations.If you LOVED this episode, you'll also love the conversation we had with Swedavia's Lena Wennberg & Therese Forsström, who share the airport operator's ambitious plans for a fossil-free future. Check it out here. Learn more about the innovators who are navigating the industry's challenges to make sustainable aviation a reality, in our new book ‘Sustainability in the Air: Volume 2'. Click here to learn more.Feel free to reach out via email to podcast@simpliflying.com. For more content on sustainable aviation, visit our website green.simpliflying.com and join the movement. It's about time.Links & More:Environmental, social & governance (ESG) - YEG CorporateHydrogen-powered runway sweepers at Edmonton Airport - International Airport Review Drone Delivery Canada expands collaborative drone operations at Edmonton International Airport - DRONELIFEEdmonton Airport and ZeroAvia partner to develop hydrogen infrastructure in Canada - FTE
✈️ This week's episode features Gerald R. Ford International Airport and their new sensory room — a calming, thoughtfully designed space for travelers with sensory sensitivities. We talk about why spaces like this matter, how they came to be, and what true accessibility looks like in busy public environments. Because inclusion should be built into every journey.
Cleveland Hopkins Airport will be getting a major makeover in the next decade. The city unveiled a $1.1 billion renovation including a new terminal that will open in 2032, and other enhancements including more parking and a new Regional Transit Authority Red Line rapid transit station. Mayor Just Bibb said in announcing the makeover that in order to be a world class city, Cleveland needed a world class airport. He also acknowledged he's heard the complaints about the airport's bathrooms. We will talk about the renovation of the airport to begin this week's Friday Reporters Roundtable.
1. IDF Airstrikes Disable Sanaa International Airport. Dozens of Israeli Air Force aircraft were involved in the strikes on Yemen on Tuesday, including fighter jets, refuelers, and spy planes. The IDF said the fighter jets dropped 50 munitions on the targets.2. President Trump Announces Truce with Houthis; Halts Bombing in Yemen. Oman revealed that it had mediated the ceasefire deal under which neither side will target the other, including US vessels in the Red Sea and Bab al-Mandab Strait.3. A fourth round of nuclear talks between Iran and the United States is likely to take place over the weekend in the capital of Oman, with Iranian state media pointing to May 11 as a probable date.4. Mediated by United Arab Emirates, Russia & Ukraine Exchange 205 Prisoners of War. This marks the fifth known prisoner of war swap of 2025.5. Ukraine dismisses idea of attacking the Russian Victory Day Parade in Moscow on 9 May.6. US Army tests 2 x counter UAS systems in Philippines- the Integrated Fires Protection Capability–High-Powered Microwave (IFPC-HPM) and the Fixed Site–Low, Slow, Small Unmanned Aerial System Integrated Defeat System (FS-LIDS).7. USAF Sentinel ICBM Program Update. The Sentinel program will procure up to 634 missiles, with an additional 25 for development and testing — and deploy 400 of them in silos spread across missile fields in the US Great Plains. 8. USMC Landing Ship, Medium update.
TSA officials at the Buffalo Niagara International Airport discuss the upcoming REAL ID deadline on Wednesday full 842 Tue, 06 May 2025 17:00:00 +0000 qZ2K3oD0xIHGkbAIP2sDysPPmKpyTDI9 buffalo,news,wben,cheektowaga,buffalo niagara international airport,real id WBEN Extras buffalo,news,wben,cheektowaga,buffalo niagara international airport,real id TSA officials at the Buffalo Niagara International Airport discuss the upcoming REAL ID deadline on Wednesday Archive of various reports and news events 2024 © 2021 Audacy, Inc. News False
Court Jails Woman For Selling Naira Notes, Other For Not Declaring Dollarshttps://osazuwaakonedo.video/court-jails-woman-for-selling-naira-notes-other-for-not-declaring-dollars/04/05/2025/#EFCC #Lagos ©May 4th, 2025 ®May 4, 2025 7:11 pm Federal High Court sitting in Lagos State has sentenced a woman to one year imprisonment with no option of fine for being caught and arraigned by the Economic and Financial Crimes Commission, EFCC for selling or hawking Nigeria legal tender, Naira currency, the woman, according to the court ruling, had been convicted before by another court for naira abuse, this, as another Federal High Court also in Lagos State convicted a man and ordered the man to forfeit to the Federal Government more than £8000 he failed to declare or submit before the Nigerian Custom Service at the International Airport in Lagos, and in addition, the Court sentenced the man to six months imprisonment with option of ₦200,000 fine. #OsazuwaAkonedo
On November 18, 2022, a LATAM Airlines Perú A320neo was preparing for takeoff from Jorge Chávez International Airport in Lima on a scheduled domestic flight to Juliaca. When the flight takes a disastrous turn on takeoff-resulting in multiple injuries and the first hull loss of its kind—how could such a tragic incident happen?Find sources and photos for this episode on our website:www.hardlandingspodcast.comSupport us on Patreon:www.patreon.com/hardlandingspodcast
This is Derek Miller, Speaking on Business. Hank's Garage is a premier event venue where vintage charm meets modern elegance. They feature classic cars, exposed steel beams and aged brickwork, creating a truly unique atmosphere. Even if you don't like cars, you'll love this place. Owner and Operator, Wes Johnson, joins us with more. Wes Johnson: Hank's Garage is a very cool new venue located in North Salt Lake – only 10 minutes from downtown Salt Lake City and even closer to the International Airport. Our prime location ensures easy access for local and out-of-town guests as we are very conveniently located with absolutely no traffic, unlimited free parking and unmatched privacy. We feature over 60 meticulously maintained classic and vintage vehicles on display. The gleaming chrome, polished leather and historic charm create an atmosphere like no other. Beyond the cars, Hank's Garage is a turn-key, all-inclusive event center, meaning there's no additional charge for tables, chairs, PA systems, stages, risers, photo booths, parking or anything else. The only things that are not included are any food, alcohol or bartenders. So, come out and see for yourself! Tours of Hank's Garage are welcomed and completely free of charge. Learn more on our website, hanksgaragevenue.com. Derek Miller: Whether you're planning a wedding, corporate event or private party, Hank's Garage provides a one-of-a-kind space to impress your guests. Contact them today to see why they are one of the top-rated event venues near Salt Lake City. I'm Derek Miller, with the Salt Lake Chamber, Speaking on Business. Originally aired: 4/16/25
Today, Thursday, April 3 on Urban Forum Northwest *Lance Lyttle has served as Managing Director of Seattle Tacoma International Airport (SEA) for the last nine years. He has guided the airport expansion and did an outstanding job at one the nations busiest airports. Lance is leaving to take the top job at the Orlando Florida Airport. He comments on his time at SEA TAC.*Shaude' Moore, CEO, Central District Community Preservation Development (CDCPDA) aka the Reverend Dr. Samuel B. McKinney Center for Community and Economic Development comments on the status of the center and shares that 37th District Representative Sharon Tomiko Santos has proposed $500,000.00 for the agency in the house budget.*State Representative Sharon Tomiko Santos (D) 37th LD comments on the the long session and the obstacles local governments face with the changes at the national level. She has been a supporter of the Central District Community Preservation Development Authority (CDCDPA) and Americans 4 Equality/MLK Gandhi Empowerment Initiative, a technology training program.*Hayward Evans, Co Convener, Seattle King County Martin Luther King Jr. Commemoration/Continuation Committee (MLKCC) reveals the details for the April 4 "Day of Remembrance" that recognizes the 57th Anniversary of the Assassination of the the Reverend Dr. Martin Luther King Jr. The event will be held on Friday, April 4 at Seattle's Holgate Street Church of Christ beginning at 5:30 pm.*Attorney Jesse Wineberry Sr. Co Founder, Washington Equity Now Alliance (WENA) has been advocating for a study on Reparations for African Descendants of the United States Chattel Salves. There is a question if there will state funds available for the study. At the June 23, 2024 Democratic Convention 1,092 Democratic Delegates voted for a resolution to have Governor Jay Inslee sign an Executive Order to establish a Commission to study Reparations. The Washington State Commissioners on African American Affairs voted unanimously at their September 13, 2024 meeting for an Executive Order to establish the CommissionUrban Forum Northwest streams live at www.1150kknw.com. Visit us at www.urbanforumnw.com for archived programs and relevant information. Like us on facebook. X@Eddie_Rye. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
A Chinese rescue team has arrived at Yangon International Airport in Myanmar to assist in disaster relief efforts after a devastating earthquake jolted the country on Friday.
Officials say next-generation aircraft and growing community support have tipped the scales in favor of attracting international carriers.
The Cybercrime Wire, hosted by Scott Schober, provides boardroom and C-suite executives, CIOs, CSOs, CISOs, IT executives and cybersecurity professionals with a breaking news story we're following. If there's a cyberattack, hack, or data breach you should know about, then we're on it. Listen to the podcast daily and hear it every hour on WCYB. The Cybercrime Wire is brought to you Cybercrime Magazine, Page ONE for Cybersecurity at https://cybercrimemagazine.com. • For more breaking news, visit https://cybercrimewire.com
Learn more at TheCityLife.org
Traveling is good for the mind, body and soul, with studies finding that frequent fliers have better mental health, a great ability to adapt to new situations and even a lower risk of heart disease. With stats like that, it's no wonder that the Duluth International Airport welcomes about 300,000 passengers every single year. It might be small but it's mighty, especially with Tom Werner in the role as Executive Director. He signed on in 2012, and it's been taking off in the decade-plus since, proving that when it comes to the Duluth International Airport, the sky really is the limit. We thought he'd be the perfect guest to help season six take flight, as the man behind one of the most bustling - and crucial - places in the Zenith City.
Learn more at TheCityLife.org
Roger Venables, the aviation system director for the city of Fort Worth, joined KRLD's David Johnson on the CEO Spotlight.
Don Smith, President of the RIDC calls in to talk about Neighborhood 91.
Calling For A Month Of Prayer & Fasting In TN!TN Schools Given 2 Weeks To Get Woke DEI Bullcrap OutTrump International Airport In NashvilleTaxpayer-Funded Lobbyists Deny SROs Because Of MoneyToll Roads Across TennesseeIllegal Alien Rams Cop Car & Much More on the Big 7!Donations Are DOWN 33%, Expenses Are UP... And We Need YOUR Help!- https://tennesseeconservativenews.com/donations-are-down-33-expenses-are-up-and-we-need-your-help/Sign Up for The Tennessee Conservative's FREE eNewsletter, just text "NEWS" to 423-205-5600.Not afraid to admit you're a Conservative? Advertise with us! Check out our advertising options here - https://tinyurl.com/2re6bfswTHE STORIES: Tennessee Schools Given 2 Weeks To Eliminate DEI Programs Or Risk Funding Losshttps://tennesseeconservativenews.com/tennessee-schools-given-2-weeks-to-eliminate-dei-programs-or-risk-funding-loss/Tennessee Bill Allowing Retired Law Enforcement, Veterans To Serve As School Resource Officers Fails In Subcommitteehttps://tennesseeconservativenews.com/tennessee-bill-allowing-retired-law-enforcement-veterans-to-serve-as-school-resource-officers-fails-in-subcommittee/Tennessee Dept Of Transportation To Consider Expanding Toll Roads Across The Statehttps://tennesseeconservativenews.com/tennessee-dept-of-transportation-to-consider-expanding-toll-roads-across-the-state/Tennessee Illegal Alien Arrested After Hitting Highway Patrol Officer's Car While Drunkhttps://tennesseeconservativenews.com/tennessee-illegal-alien-arrested-after-hitting-highway-patrol-officers-car-while-drunk/Tennessee Property Rights Protection Act Advances Out Of House Subcommitteehttps://tennesseeconservativenews.com/tennessee-property-rights-protection-act-advances-out-of-house-subcommittee/Resolution Calling “Spiritually Inclined” Tennesseans to a Month of Prayer and Fasting Heads to House Committeehttps://tennesseeconservativenews.com/resolution-calling-spiritually-inclined-tennesseans-to-month-of-prayer-fasting-heads-to-house-committee/“Trump International Airport Act” to Rename the Nashville International Airport Heads to Committeehttps://tennesseeconservativenews.com/trump-international-airport-act-to-rename-nashville-airport-heads-to-committee/Follow The Tennessee Conservative on these Free Speech platforms:TTC on X, formerly known as Twitter - https://twitter.com/TnCoNews1TTC on MeWe -https://bit.ly/3SbuqxWTTC on Gettr - https://bit.ly/3LifSKCTTC on Gab - https://bit.ly/3di03aiTTC on Truth - https://bit.ly/3BINn5BTTC on Rumble - https://rumble.com/c/c-399985TTC on Parler - https://app.parler.com/thetennesseeconservative
In this episode of the WGAN Forum Podcast, host Eric Marquette and the digital twin of We Get Around Network Founder and Managing Editor Dan Smigrod take a deep dive into how the Dallas Fort Worth International Airport (DFW) is leveraging cutting-edge technology, including 1,500+ Matterport scans, to enhance operations, sustainability, and efficiency. Recorded after Geo Week 2025 in Denver, this discussion explores how DFW is integrating digital twins, IoT sensors, and GIS mapping systems to streamline asset management and predictive maintenance. Geo Week 2025: A Firsthand Perspective Dan shares his experience at Geo Week, where three key sessions focused on DFW's digital transformation. As the fifth busiest airport in the world, handling millions of passengers and nearly 2,000 aircraft daily, DFW has embraced advanced technologies to maintain and improve operational efficiency. Matterport scans play a critical role in documenting infrastructure, integrating with digital twin platforms, and enhancing data-driven decision-making. Matterport's Role in DFW's Digital Twin Ecosystem The conversation highlights how Matterport is a cornerstone of DFW's approach to creating dynamic digital twins. These scans help: Document terminal spaces and key infrastructure Enhance predictive maintenance for assets like passenger boarding bridges and HVAC systems Provide technicians with unique URLs for scanned spaces, allowing direct visual access to rooms and assets Integrate IoT sensor data for real-time monitoring Dan speculates that DFW could potentially enhance these efforts by integrating SIMLAB SIM-ON, allowing Matterport scans to overlay additional datasets like BIM models, IoT sensor data, and maintenance records via IBM Maximo. Operational Benefits and Predictive Maintenance Matterport is revolutionizing asset management at DFW, eliminating the inefficiencies of traditional paper-based systems. The airport's digital twin ecosystem allows teams to visually inspect assets before on-site visits, reducing downtime and ensuring maintenance teams are equipped with the right tools. By integrating predictive analytics, DFW can foresee potential failures in critical systems like HVACs and boarding bridges before they happen, optimizing resources and reducing costs. Environmental Sustainability & Efficiency Gains A standout segment focuses on how DFW is leveraging digital tools, including Matterport, to enhance sustainability: Reducing aircraft fuel consumption: By optimizing gate docking procedures, ensuring proper ground connections, and minimizing auxiliary power use, American Airlines alone is projected to save up to $15 million annually in fuel costs. Stormwater management: Matterport scans help track stormwater outflows, ensuring contaminant-free water sources and integrating real-time IoT monitoring to prevent environmental damage. Optimizing landscape management: The scans provide a visual framework for monitoring airport surroundings, enabling proactive environmental protection. Looking Ahead: The Future of Digital Twins at DFW Dan and Eric discuss how DFW's integration of Matterport, GIS, and predictive analytics sets a precedent for airports worldwide. With potential advancements like SIMLAB SIM-ON and wearable mobile mapping (NavVis VLX 3), DFW is pushing the boundaries of infrastructure management. Final Thoughts & Call-to-Action DFW's approach demonstrates that digital transformation isn't just about convenience—it's about solving real-world challenges at scale. Listeners interested in learning more can visit: We Get Around Network Forum: www.WeGetAroundNetworkForum.com (search “Geo Week 2025”) Geo Week 2025: www.Geo-Week.com Dallas Fort Worth International Airport: www.DFWairport.com SIMLAB SIM-ON & SIMLAB STAGES: www.SIMLABinc.com The episode wraps up with a surprising AI twist: Dan reveals that his voice in this podcast is actually his digital twin, generated using three AI platforms—one for transcription, another for identifying Matterport-specific insights, and a third for outlining and scripting the show. As Eric sums it up: "Three different AI tools—and a human in the loop—to create this podcast. The future is here." --- For more on the AI tech and workflows for creating this podcast, go to: WGAN.INFO/DanSmigrod
Every year, a number of snowy owls (aka Arctic owls) find their way to an unlikely haven: Boston Logan International Airport. Owl expert Norman Smith has been leading the way to study these birds and figure out why they love to land at one of the busiest airports in the country.
HEADLINES: -Dubai International Airport Breaks Record with 92.3M Passengers in 2024!-Dubai's Second-Most Expensive Residential Property Sold- A Scam Instagram Page Is Selling Fake Bruno Mars TicketsSomeone - Got Proposed To Right Under The Burj Khalifa- REVIEW: Aditi Reviews The Most Magical Place On Earth
Are you enjoying this? Are you not? Tell us what to do more of, and what you'd like to hear less of. The Reykjavík Grapevine's Iceland Roundup brings you the top news with a healthy dash of local views. In this episode, Grapevine publisher Jón Trausti Sigurðarson is joined by Heimildin journalist Aðalsteinn Kjartansson, and Grapevine friend and contributor Sindri Eldon to roundup the stories making headlines in recent weeks.On the docket this week are:✨ Avalanches in the Eastfjords✨ The first birth in over three decades in the town of Seyðisfjörður.✨ 2024 was the coldest year of the century in Iceland, so far.✨ A death of a mink under suspicious circumstances in downtown Reykjavík✨ Former Icelandic PM defence of Elon Musk's recent hand gestures.✨ A curious case of a masked man repeatedly defecating on a car.✨ The missing Drug Detection dog in Keflavík International Airport.------------------------------------------------------------------------------------------SHOW SUPPORTSupport the Grapevine's reporting by becoming a member of our High Five Club: https://steadyhq.com/en/rvkgrapevine/You can also support the Grapevine by shopping in our online store: https://shop.grapevine.is------------------------------------------------------------------------------------------This is a Reykjavík Grapevine podcast.The Reykjavík Grapevine is a free alternative magazine in English published 18 times per year, biweekly during the spring and summer, and monthly during the autumn and winter. The magazine covers everything Iceland-related, with a special focus culture, music, food and travel. The Reykjavík Grapevine's goal is to serve as a trustworthy and reliable source of information for those living in Iceland, visiting Iceland or interested in Iceland. Thanks to our dedicated readership and excellent distribution network, the Reykjavík Grapevine is Iceland's most read English-language publication. You may not agree with what we write or publish, but at least it's not sponsored content.www.grapevine.is
Hour 2 of Jake & Ben on January 21, 2025 After a tremendous regular season, the Lions are out of the Playoffs. Is Jared Goff good enough to get it done for Detroit? Tim LaComb joins to talk Jazz after back to back losses in New Orleans. TSA lines at the Atlanta Airport are outrageous.
This week's episode of bigcitysmalltown takes you behind the scenes of one of San Antonio's most critical infrastructure hubs: the San Antonio International Airport (SAT). We're joined by Jesus Saenz, Director of Airports for the San Antonio Airport System, to discuss the airport's record-breaking growth, its expansion plans, and how it's adapting to serve the nation's fastest-growing city. Listen as we explore how SAT is adding nonstop destinations, improving passenger experiences, and competing with neighboring airports in Austin and Dallas. We also discuss the challenges of scaling airport infrastructure to meet the demands of a rapidly growing population and economy. -- -- ✉️ Subscribe to Bob's Newsletter
Have you ever been to Stapleton Airport? It's okay if you haven't, it was the major Denver airport until the Illuminati decided their meeting halls weren't big enough. Unless you're local to our area, the only thing you might have heard that name was in the trivia of filming locations for a certain sequel. That's right, we're doing Die Hard 2(1990). John McClane is back and this time he's on vacation. The kids are with the in-laws and he's picking Holly up from their airport around DC. John being John witnesses some sketchy men sneaking a gun through the metal detectors. Which leads to a protracted fight in the emptiest … Continue reading "Popcorn Pulse 234: McClane International Airport"
Chris Holman welcomes back Nicole Noll-Williams, president and CEO of the Capital Region Airport Authority, Lansing, MI. We're now about 2 1/2 into Breeze Airways serving Lansing, how is that going? Business and leisure travelers should be aware of some things this holiday season can you share some of that advice? The next International Flights season follows January to April 2025? Where does expansions/updates stand as we head into 2025/ Some may only think of this as an airport, but can you remind the Michigan business community of the CRAA's economic impact? » Visit MBN website: www.michiganbusinessnetwork.com/ » Watch MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/
The head of the World Health Organisation has told the BBC that it was public knowledge he was in Yemen on Thursday when Israel launched airstrikes on Houthi targets. Dr Tedros Adhanom Ghebreyesus said the main target, the International Airport in Sanaa was a civilian facility and should not have been hit. Also in the programme: Taliban forces from Afghanistan are reported to have clashed with Pakistan's army on their border as tensions between the two countries grow; the phenomenon of mass violent attacks in China; and a new BBC documentary about Maria Callas, one of the greatest opera singers of the 20th century and why her amazing talent didn't last longer.(Photo: Dr Tedros. Credit: Getty Images)
Incoming border czar Tom Homan says family detention will likely return under President-elect Donald Trump. ICE is planning to use tent facilities for illegal immigrant families. Homan says families can choose to leave together or face potential separation. However, local resistance could complicate Trump's stricter immigration enforcement. San Diego recently adopted a policy to prevent local jails from cooperating with federal immigration officials. In the Pacific Northwest, a series of atmospheric rivers are responsible for severe weather hitting the area, threatening major travel delays this weekend. Strong thunderstorms are expected in the South with tornadoes and hail from Louisiana to Alabama, while the West will face strong winds, rain, and mountain snow. Nearly 800 flights were canceled across the United States on Thursday, with more cancellations expected on Friday. The severe weather comes as record numbers of people are traveling during the holidays. NTD also sat down with Lauren Fix, an automotive expert, to talk about how to prepare yourself and your car for the winter weather. Sirens were heard in the Tel Aviv area early on Friday morning after a missile was launched at Israel from Yemen. Israel's Defense Forces said they managed to intercept the missile before it entered Israeli airspace. This comes after Israeli forces conducted airstrikes on military targets used by the Houthi terrorist group in Yemen, including at Sana'a International Airport. ⭕️ Watch in-depth videos based on Truth & Tradition at Epoch TV
On the 12th of September, 2018, Australian Academic Kylie Moore-Gilbert was arrested at Tehran’s International Airport in Iran. She spent 804 days incarcerated in Tehran’s Evin and Qarchak prison for espionage, a crime she never committed. She was an innocent Australian stuck in a foreign prison...with no way of getting home. Kylie’s story about her imprisonment, and what happened after she was finally released is unbelievable. Except it really happened. Want more of Kylie? Listen to Mia’s bonus episode with her here. END BITS: With thanks to Kylie Moore Gilbert. Find her book The Uncaged Sky here: https://bit.ly/3DazEDI Feedback? We’re listening! Email us at podcast@mamamia.com.au Need more lols, info, and inspo in your ears? Find more Mamamia podcasts here. Check out our No Filter YouTube channel here. CREDITS: Host: Mia Freedman. You can find Mia on Instagram here and get her newsletter here. Producer: Gia Moylan Executive Producer: Elissa Ratliff Mamamia acknowledges the Traditional Owners of the Land we have recorded this podcast on, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present, and extend that respect to all Aboriginal and Torres Strait Islander cultures.Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.
Keith unveils our 2025 National Home Price Appreciation Forecast. Learn the factors driving the housing market and discover why Keith's predictions have been spot-on for the past 3 years. Gain the insights you need to make strategic real estate moves in the year ahead. Don't miss this must-listen episode packed with actionable real estate insights. The Fannie Mae home purchase sentiment index rose, indicating growing consumer confidence. Trump's immigration and tariffs policies and their potential impact on housing demand and labor market disruption. Hear about the impact of the under supply of housing in the US and the potential impact on home prices. Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” or for Spotify. Show Notes: GetRichEducation.com/533 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:00 Welcome to GRE I'm your host. Keith Weinhold, today is the day that I'm giving you our 2025 national home price appreciation forecast. You'll get the exact percent that I expect home prices to rise for Fall next year. Learn the factors that really move prices. Importantly, I follow up and you get the results of previous years forecasts too. Will it be a holly jolly forecast or more Grinch like today on Get Rich Education. Mid-south home buyers. I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive. Cash Flows, an A plus rating with a better business bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com you know, whenever you want the best written real estate and finance info. Oh, geez. Today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now just text GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866. Corey Coates 3:12 you're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 3:28 Welcome to GRE from North port, Florida to North Pole, Alaska and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education episode 533 Yes, your favorite slack jawed real estate podcaster here is indeed the GRE founder. I'm also an active Forbes real estate council member, best selling author. I write our weekly Don't quit your Daydream newsletter. And perhaps most importantly, I am an active real estate investor, I am here to help you invest well in real estate, and that is because most Americans have enough saved for an absolutely incredible single day of retirement. Look the content that you choose to listen to will shape your behavior, it'll even gradually alter your identity over time and forge your dreams. Middle class financial advice will keep you squarely in the middle class. They get robbed of the fruits of their labor through taxes. Get robbed of their purchasing power through inflation, and they get robbed of their financial future by staying financially illiterate. I mean, if you're grinding hard and sacrificing experiences to be debt free at 36 well then that means you aren't using other people's money. You, it confirms that you've got no leverage. Why celebrate that? Celebrate financial freedom or a great vacation, or, you know, anything else, like with your friends and family to the Canary Islands. I mean, that's stuff that's worth celebrating, that's extraordinary in this one and only life that you got. I love the old African proverb, if you want to go fast, go alone. If you want to go far, go together. You and I are on this journey together. Dream of living the life where you just give a light touch to some of your investments while they are building your wealth, just adjust the sales of your ship a little here and there. Now. We'll get into the big picture real estate forces in my exact percent home price appreciation figure shortly. But doesn't that sound amazing where you can just do this? I mean, that's what I do. I just give a light touch to my investments. For example, at the beginning of this month, I looked at the statements as they came in in emails from my property managers in various real estate markets, like I usually do now when you have a perfect month as a real estate investor, US landlords, or should I say, housing providers, acknowledging last week's show we develop our own vernacular. A perfect month is when you have 100% rental occupancy and no repair items. Once though you have more than about five rental units, it's hard to ever have a perfect month. It's always good to budget something toward long term vacancy and maintenance. But I had a pretty good month last month. For some reason, my properties needed a few new appliances, a replaced fridge. Here, a new microwave. There, a lot of appliances like a fridge, you know, they can still look pretty close to new, even if they're used. That's fine for a rental. This was just a $280 fridge replacement, for example, in this one rental, single family home of mine. So yeah, just that monthly scan of your property manager statement, seeing that income and expenses look kind of reasonable to you, and then going about your day and the rest of your month. Now, it wasn't always that way for me. As I started and grew, I self managed my own properties for the first six or seven years, and sometimes, you know, something will happen where I want to get more proactive and maybe take, say, a 90 minute block of time to shop for lower insurance premiums if I see those rates rising in a certain market or something like that, but that's how it feels to give a light touch to your active direct real estate investments. Keep that going, because this is all happening while you keep other people's money working for you, the banks, the governments and the tenants. Hey, something that's become newsworthy, an index measuring consumer confidence in the housing market, rose again last month, and that is the latest sign that potential property buyers and sellers are growing more accustomed to today's mortgage rates and prices. The Fannie Mae home purchase sentiment index that has now increased to 75 points. So the index has risen 11 points or more than 16% in the last year. So there is, however, not one shred of evidence, for example, that sub 3% mortgage rates are coming back anytime soon, maybe not even in this decade or in your entire lifetime. Who really knows? I mean, it's soon going to be three years since the Fed began their aggressive rate hiking cycle and the market and consumer expectations are finally adjusting and settling down, and that right there that factors in just the touch to the housing forecast that I'm going to deliver to you today. And before I get into that, since we are get rich education, do you know what the federal funds rate is like, what it really means? Let me explain this to you in a way where I think you'll not only learn, but I'm going to give you an example so that you can actually remember it. And I'm going to over simplify it, the federal funds rate, that thing that Jerome Powell and his committee set, that is the rate that banks pay other banks to borrow from each other. It's a little over 4% right now. Okay, let's just say it's 4% here's why the federal funds rate is typically lower than mortgage rates. Say that Wells Fargo pays bank of America this 4% federal funds rate to borrow so that Wells Fargo can then turn around and lend the funds to you for a real estate mortgage loan. All right. Well now you can see that Wells Fargo had to pay Bank of America 4% that's why, when you go get your real estate loan from Wells Fargo, you can understand and see why they'd have to charge you, say, 7% in order to make a spread. That is why mortgage rates are higher than the federal funds rate. Wells Fargo made the spread of 3% because they borrowed at four, and they lent it to you at seven, and you yourself you borrowed at seven because your tenant pays your interest and principal for you, and you get the leverage and all of the other benefits. So again, the federal funds rate is the rate that banks pay when they borrow from other banks, and since they need to make a spread arbitrage, this is why mortgage rates are higher. Again, that's oversimplified, but I think that's a way where you can really remember what that is and why that is that way. All right. Well, with that lesson understood, let's talk about the big national home price forecast for next year. And here's what's interesting. Look at the forecasts that my peers have made. All right, I've already got the forecasts from 16 other housing analytics platforms here, and they have all predicted that home prices will rise next year, all 16 of them, but they've all forecast something different. And everything we're discussing today, by the way, is nominal, meaning, not inflation adjusted. All right. Note that the average of all these platforms, all 16 of them, is a 2.8% gain for next year. All right, if you look at all of them the range, the highest is Goldman, Sachs at 4.4% and the lowest is Moody's Analytics at just 310 of 1% I'll tell you now that my forecast today, it wouldn't even fit on this chart, it is going to be off the chart. And this is something that might ramp up your intrigue. Maybe you think I would look at this and choose something safe, and since I have the benefit of seeing how 16 others have weighed in that, I'll just pick something in the middle of that. Oh, no, not at all. This is an independent forecast. So since our forecast is off the chart, then that means that what I'm going to tell you today either has to be higher than the highest, which is that 4.4% from Goldman Sachs, or lower than the lowest, which is that 310 of 1% from Moody's. Yes, it is outside of those brackets, busting the bookends today. And as I lead up to it, I will detail the reasons why the calculus that went into this forecast. So before we're done, yes, you will get the exact percent number that I expect existing single family home values to increase by or decrease by next year. It is the fourth straight year that I'm doing this. And now a lot of people make whimsical predictions, you know. But today, you're gonna get something that you rarely, if ever get accountability, because I'm also going to show you the results, you'll see how well my forecasts have actually performed each of the past three years. Sheesh, don't you wish everyone followed up on the prediction that they made now, oh gosh, most housing price crash Predictions Fail Faster than your average New Year's resolution. All right, we need first historic context in order to put this future that we're talking about into perspective. Let's look at how bad other predictions have been this is something that Yahoo Finance recently pointed out, the year by year, reasons that people thought housing prices would crash Since 2012 so we're talking about the past 13 years here, starting in 2012 it was shadow inventory. Remember that that never came true. 2013 higher mortgage rates. 2014 in that year. People thought that housing prices could tumble hard because QE was ending in October of that year. That is quantitative easing, which is dollar printing. I mean, basically QE, that's just the Genteel way of saying inflation. In 2015 they thought a manufacturing recession would make home prices crash. In 2016 home prices were back to their pre global financial crisis high. Well, people thought that seemed shaky. In 2017 I don't know what it was. No one had a good reason. But the word crash just gets attention, so some media tried to scare people with that headline. Anyway, in 2018 it was mortgage rates went from 4% up to 5% seriously like that was the top reason. In 2019 it was that home price growth was cooling off in 2020 of course, it was the COVID 19 pandemic in 2021 it was mortgage forbearance in 2022 it was that mortgage rates hit 7% that was the first time we saw those in a while, even though 7% is still below the long term average of seven and three quarters percent in 2023 it was historically low housing demand. People thought that would bring down real estate prices. In 2024 it was sustained higher mortgage rates and an uptick in inventory. And what's it going to be in 2025 I don't know. Clickbait artists will have some other farcical reason why home prices will crash. Just watch, all right, well, with that, look back every year since 2012 of course, real estate prices definitely don't always go up. In fact, when we look at a longer term history, the national home price appreciation rate every year since World War Two. Like I told you on a previous episode, there were only two periods where home prices fell, that's over a period of 80 to 85 years. There was just 1% attrition in 1990 and then the only appreciable loss period, of course, were those years around the 2008 global financial crisis, where you really probably could consider that an all out crash, prices were down more than 20% nationally, more than 40% 50% in some markets, all right. Well, how did that concerning period compare to now? Well, 2008 is when conditions were largely opposite of what they are now that is back 2008 we had an oversupply of homes, and it was all supported by poorly underwritten mortgages, meaning the borrower really couldn't afford the payment. And also that's when people had low or no equity in homes, so they just walked away, so borrowers had no equity to lose, nor any credit score to protect, and it was oversupplied there about 17 years ago. I mean, that era was so bad and also such an anomaly, that home prices actually fell below the replacement cost, if you can believe that, meaning that you could ostensibly buy existing property for less than the cost that it would take to build a property, then all right. Well, all three of those conditions are opposite. Now today, we have an under supply of homes. Secondly, we have carefully underwritten mortgages, and thirdly, we have record high equity positions, about 300k on average. People are not walking away from that unless things got absolutely dire. All right, with that historical context. So here we are building up to my factors for the forecast, and then the big reveal of the percent figure here, before we're done, to be clear, what I'm providing is the projected sales price of existing single family homes per the National Association of Realtors, stat set. All right, so why existing? And not include the new builds into that? Well, first of all, there are way more existing home sales. Then there are new build sales each year. And see, the thing is, though, that tracking new build that really skews the numbers, because what can happen is, one year, you might have a ton of luxury new build homes. Well then that skews the numbers up too much. Or then there's the more nascent trend of what's happening lately, building smaller homes this past year in order to help with affordability and building smaller that can skew the numbers down. So sticking with existing homes that allows us to keep things more same same. Today, you'll learn about what goes into my forecast and the factors that actually don't matter as much as you would think, like the incoming Trump administration. You'll also hear an important clip from Trump in a few minutes for the second week in a row, I'm bringing you the show from a fairly interesting place, Anchorage, Alaska. This city of 300,000 people, is at sea level. The west side is confined by a coast. The east side is confined by mountains. It's a modern US city. There are high rise buildings and convention centers and freeways and a really convenient International Airport. What's interesting about being in America's northernmost city right now? Anchorage is. That Saturday, just a couple of days ago, that was the winter Equinox for half of the globe, the entire northern hemisphere. And here, the sunrise time is about 10:15am, and sunset about 3:45pm, that right there is just five and a half hours of daylight. That's it, but it feels like more than that. It feels closer to perhaps seven plus hours of daylight, because at high latitudes, the sun barely drops below the horizon, so therefore you get more Twilight on either end of sunrise in Sunset. Well, this is a real estate show, so I hope that's not too much of an astronomy lesson for you here. But anchorage can never get 24 hours of daylight or darkness, because it simply is not far enough north. In fact, when I fly from, say, the center of the 48 states out here. I travel more west than North. The thing for you to remember is that the only places on the globe that can get 24 hours of daylight and darkness are inside the Arctic and Antarctic circles. They're at 63 and 1/3 degrees of latitude or greater, and Anchorage is just 61 I've been skiing here, but suffice to say, with a lot of darkness, it's been a good place for me to study research and put my effort into this forecast that I'm sharing with you today, which you'll hear after the break. This week's episode is supported by ridge lending group. It's the same place where I get my investment property mortgages and refinancings, you can go ahead and originate your loans at the same place I get mine, that is Ridgelendinggroup.com. Also freedom family investments, you can make a loan and get a stable return of 7% 8% or Even 10% yet still have some measure of liquidity. Why park your funds at a bank? You can learn about their private money loans by texting FAMILY to 66866, if you want 8% or more on your money while it's on your mind, just text FAMILY to 66866, and see if it's right for you. I'm your host. Keith Weinhold, more next you're listening to get rich education. Oh geez, the national average bank account pays less than 1% on your savings, so your bank is getting rich off of you. You've got to earn way more, or else you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk. Your Cash generates up to a 10% return and compounds year in and year out. Instead of earning less than 1% in your bank account, the minimum investment is just 25k you keep getting paid until you decide you want your money back. Their decade plus track record proves they've always paid their investors 100% in full and on time. And you know how I'd know, because I'm an investor in this myself, earn 10% like me and GRE listeners are text FAMILY to 66866, to learn about freedom. Family investments, liquidity fund on your journey to financial freedom through passive income. Text, FAMILY to 66866. hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group NMLS, 42056, they've provided our listeners with more loans than any provider in the entire nation, because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com Tom Wheelwright 24:08 This is Rich Dad Advisor Tom Wheelwright. Listen to Get Rich Education with Keith Weinhold, and Don't Quit Your Daydream. Keith Weinhold 24:24 welcome back to GRE. I'm your host. Keith Weinhold, with the factors that are weighing into my home price appreciation determination for next year. Here now all of these factors matter, but I'm generally going to start with less weighty factors and proceed more toward the weighty factors Trump tariffs. Could Trump tariffs increase materials costs, the cost of materials that go into homes? Well, yes, of course, they could. Could it also increase the labor costs that go into those homes, if, say, businesses decide to onshore. Sure in order to avoid paying the tariffs, yes, and you would have to pay a higher wage to Americans. That's obviously inflationary, but applying tariffs is slow, and it takes a long time to trickle through, okay? But here's the thing, even the threat of tariffs can produce inflation, and we already have the threat that's something real. And now see if you're a consumer and you want to buy a new washer, dryer set or a microwave, well, you're more motivated to do that today, not in a year, because this threat of tariffs might mean that that appliances price will spike. You might want to buy your new car now, if you anticipate the terrace could be coming and it's going to affect that well, the apartment building owner feels the same way before she or he buys 48 washer dryers for their apartment building. Home Builders and remodelers they want to get their materials orders in now, in some cases, whether that's for concrete, drywall, lumber, any component that goes into a home where they think that a tariff could jack up the price, you really need to be paying attention to whether you think this is going to happen or not. So Trump likely means more inflation, and that correlates also with sustained higher interest rates of all kinds, including mortgage rates. And there's no certainty there. There is just that correlation. Now, a lot of real estate investors anticipate that a president with a real estate investor background like Trump Has he is going to return 100% bonus depreciation and extend his tax breaks, okay, all of these things, especially that bonus depreciation, can really enhance your tax situation, but that's not part of the home price appreciation forecast for next year. Okay, we're just looking at next year here. How about mortgage rates? How is that going to factor into home prices for next year? Mortgage rates hardly matter. And the newer listener that you are, the more of a surprise that is, rates are about 7% now, a lot of experts think they're going to go to 6% in a year. But who knows? I mean, a year ago, everyone thought rates would be substantially lower today. But here's the thing, it's not just a who knows. It's almost a who cares about what mortgage rates will be when it comes to prices. Because, like I've shared with you before, since 1994 mortgage rates have risen 1% or more seven different times, and home prices went up all seven times. Long time listeners like you, you already know this, so for the complete backstory on the why, you can listen to earlier episodes, but the short story is that higher rates, you gotta look at what's happening when there are high rates that's a confirmation that the economy is strong, and when the economy is strong and people feel secure in their job, what do they do? They buy a home. So mortgage rates matter, but a person's personal economy matters more when they make a decision to buy a home or not. A sharp fall in rates that correlates with a recession. So higher rates usually lead to higher home prices, something that almost everyone in real estate thinks of oppositely. On weeks with lower rates this year, we did have lower housing inventory, and with higher rates, we had higher inventory. So that did affect that the next factor is more important than tariffs and mortgage rates, and that is Trump and immigration. Okay? Because this affects the supply versus demand component of housing, something supremely important. Well, more immigrants mean more housing demand, pushing up prices and on immigration, who really knows how many of this surge of fresh immigrants are going to be deported? Will it only be the illegals, or will it be others? Or will it be none at all? Or will it be something else, will trump deport everyone? I mean, that is not easy to do, and it's really expensive. Here are Trump's latest public remarks on how he's going to treat recent immigrants to the US. The interviewer is Kristen Welker from NBC, and she's heard shuffling some papers here too. So don't let that throw you off as you listen to Trump. Speaker 1 29:39 You raised the point that the logistics are complicated. You said yourself, everything's gone. You mean you need 24 times more ICE detention capacity just to deport 1 million people per year, not to mention more agents, more judges, more planes. Is it realistic to deport everyone? First of all, they're costing us a fortune, but we're starting. With the criminals, and we got to do it, and then we're starting with others, and we're going to see how it goes Keith Weinhold 30:06 well there, before Trump's first day in office for his second term, see he's already saying we'll see how it goes with deporting immigrants. He now realizes how costly that is. If there is mass deportation, housing demand goes down, but we'd also have fewer laborers, which a lot of those immigrants are, to build the new housing that our country needs. So there's somewhat of a canceling out effect there. It could mean higher home prices because it could even mean higher home prices because most fresh immigrants are renters. They aren't occupying homes that they own anyway, and just how many people we're talking about here, the Pew Research Center estimates that 13% of construction workers are undocumented. That disruption to the labor market that can produce higher inflation, because the slowdown in home building means less supply and higher prices. Now let's get to the biggest factor before I provide my track record, and then the big number, and that is more on the housing supply versus demand. So yeah, it's really fundamental economics. That's the core driver of next year's anticipated home price change. All right, let's start with supply. How undersupplied of housing are we still in the US? Well, an update on the Fred active listing count, and this is for single families, condos and townhomes. It's that we are up off the bottom, but we're still a good 40% or so below the equilibrium point where demand meets supply. America grew its available inventory 27% this year, pretty significant, and next year, it might grow another 15 or 20% that's my best guess. All right then, well, let's try to project future supply by what you have to do is look at new housing starts. That means shovels in the ground. That means taking a backhoe and excavating for spread footings, digging that trench that you're going to pour concrete into, starting homes from the ground up. Well, we don't have enough starts either not enough. In fact, we could be digging a deeper hole with the under supply at our current level of building, US housing under supply will grow by over 200,000 homes per year if we continue at this low level of building. And would you consider all housing types, single family homes, apartments, mobile homes, condos, ADUs, everything? Freddie Mac estimates that we are currently under supplied by a whopping 3.7 million housing units. Now, you probably heard figures like that before, but let me put it into perspective. At two persons per home, our shortage is greater than what could house the entire population of Libya. That's what we're talking about here. And some agencies estimate we're even more undersupplied than the 3.7 million homes. Now, of course, I'm making only a national forecast today. There are regional variations in some Texas and Florida sub markets, they have built plenty of new build single family homes now, let me tell you something scary. What if your income dropped by a third, making 1/3 less in the future than you do right now? Like that would be a moment of panic for a lot of people, you and your family, as you hold that thought when it comes to supply, this year had historically low home sales. When I talk about sales, these are not prices. This is different. This is the volume of sales. Next year, there will likely only be a few more sales than this year, and there weren't many this year. Now see for you, as an individual real estate investor and a consumer that goes grocery shopping, you know, you are interested in real estate prices, but the industry, if you work in the industry, like as a builder or as a real estate agent or even a furniture provider, they are more concerned about the number of home sales. This sales volume that I'm talking about, and here's what's going on, normal is about 5 million home sales per year. It was over 6 million during the pandemic, and now we're down at 4 million. So I mean, in a short period of time to go from 6 million down to 4 million, that is a drawdown of transactions by a third. So just imagine if you are a home builder or a real estate agent, or you're in the retail furniture business and your volume is down by a third. I mean, what would happen to you if your income were down by a third? And you're in one of those industries and you don't have a way to pivot, so that is scary stuff for that subset of people. Well, while all of that was happening to sales volume, lower and lower volume. Home prices have just kept ticking up these past few years. All right. Well, that was supply, and there is one last factor to weigh before I reveal the forecast number, and that is demand. There is a long way to go before there is enough housing inventory for the pent up demand in the housing market, pent up demand from these people that can't quite afford a home. Demographics is destiny. You know, it is one of the easiest things to project, because demographics is a known forget immigration here, because I already talked about that just domestically, the US had its own high birth rate years from 1990 to 2010 and most people don't know about this. Many of those years between 1990 and 2010 there were over 4 million births annually, and that peaked in the year 2007 All right, you might be wondering, so what? That's the past? What about the future? Well, in housing prices, that right there is the future, with today's first time homebuyer now being a record 38 years old, like I told you about a few episodes ago. Alright, if you add 38 to the year that they were born, 2007 that home buyer demand won't peak until the year 2045 so that is a big part of where the demand just keeps coming from, and is going to keep coming from this wave of demographic demand that might not slow down much until the 2050s and what could slow prices is if a major recession that included a lot of job losses were eminent, that could slow home price growth. But nobody expects that. you know something, on future demand, What if health and fitness influencer Brian Johnson is right, and Earth now has the first generation not to die. What would that do to real estate prices? Have you ever thought that through that would really expand housing demand, but that wouldn't affect things for a couple decades. All right, well, let's talk track record and understand that it is pretty difficult to predict the future, and I have made all these forecasts at the end of one year, just before the forecast year even starts, just like I'm doing today, and here's how I've done at the end of 2021 for 2022 I forecast 9-10% home price appreciation the year ended, and in 2022 they came in at 10% so I got that one right. For 2023 before that year even began, I forecast 0% just that home prices would stay flat. And by the way, so many people were calling for a housing price decline that year because mortgage rates had risen. But as we know here on the show, when mortgage rates rise, home prices typically do too. And I also said back then was supply so low, I don't really see how home prices could fall. Well, the year ended, and sure enough, they came in at 0% and all of this is published in on record. You can go back and find all this, in fact, for 2024 you can hear the forecast that I made near the end of last year for 2024 and you could do that by going back and listening to Episode 481 this is episode 533 that was 52 weeks ago, and you will hear that my forecast back then for this year's home price appreciation was 4% this year is not quite over, plus housing data lags somewhat, in fact, through October, however, they were 4.1% we've almost got that November number, not quite, but it's very likely going to end up being 4% this year, just like I had forecast at the end of Last year, but it's still officially to be determined. Before I gave the awaited fresh forecast for next year with what looks to me like really nailing the forecast spot on three years in a row now you might be wondering something, how did I know? How did I have the foresight to know that and nail those. Forecasts. You know, at this point, I have to concede that there's probably a little luck that has come into play, but this is what I do. I study research and even participate in the National residential housing market. What you're getting is my best estimate. It's not any sort of promise or guarantee. I mean, like all other 8.1 billion human beings on earth, I don't have a crystal ball, and a streak like this has gone on for three years, but it cannot go on forever. So this is what I can best surmise. So really, for 2025 The short story is that I expect more buyers than homes, which creates bids and buoyant prices. I also expect continued inflationary pressure. Those are the two chief factors that went into this. We don't ever revise our forecast mid year. This is it. For 2025 I expect home prices to increase by 5%. Yes, there it is 5% projected appreciation for next year. And to be clear, that is the NARS national median existing single family home price, the same stat set that I have cited all four years again, it is nominal, meaning, not inflation adjusted, so at Christmas or New Year's or your next dinner party, when You see your slack jawed brother in law that thinks the housing market is always going to crash, give the dude a hug and a turkey leg and tell him that I expect plus 5% and pass me the wishbone for good luck on our fourth consecutive housing price appreciation forecast, I really hope that this helps with planning your own portfolio moves, whether that's you owning more income property next year or doing a refinancing, or how you think about your own primary residence. And do you like the forecast that I've done here near the end of each year ever since 2021 if you do let us know, write us or leave us voicemail at get rich education.com/contact let me know you can always get a hold of us there year round with any type of feedback or questions. Hey, if you appreciate this show here, do you think that you could help me out in one small way? Call it my Christmas gift request. There's only one item on my Christmas list, and it should only take a couple minutes of your time and none of your money. Leave a podcast rating and review for the get rich education podcast on Apple podcasts or Spotify, or wherever you listen, the rating is the five star thing. The review is a few short sentences about why you like the show. I would really appreciate the gift from you, and I will read your review myself too. If you don't know how to do it right inside those listener apps, just open up a browser tab and search how to leave an apple podcast review, or Spotify podcast review, or whatever platform you prefer to listen on it would feel like a little Christmas gift to me after all these years, I'd love your feedback given that way. Tell me what you think, and thanks from me and the entire team here at GRE Merry Christmas and Happy Holidays. Until next week, I'm your host. Keith Weinhold, don't quit your day dream. Speaker 2 43:46 nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 44:06 The preceding program was brought to you by your home for wealth building. Get rich education.com
For episode 408, Jon and Brendan are joined by Ricky Ly of Tasty Chomps and the Orlando Foodie Forum at Tabla Winter Park, where they meet up with the owner, Nora, to preview their new menu that launched this weekend. Delicious! This week's topics include the turtling of Church Street Entertainment, the return of Creative City Project's "Immerse" to downtown Orlando, a Cool Job Alert at CityArts, a big foodie announcement from the International Airport, and Dan Newlin becoming the Ambassador to Colombia. This week's episode was sponsored by Enzian Theater, Credo Conduit, and JustCallMoe.com. Tune in to Bungalower and The Bus on Real Radio 104.1 FM every Friday at 8 p.m. or catch the podcast to stay in touch with all of the latest headlines, new restaurants, and best-bet events to attend this week.