CW 916 - The Art of the Deal, Mission Success, & Gen-Y Housing with Jeff Meyers

Over the Thanksgiving weekend, Jason Hartman found himself looking through his old books in his mom's house. In the stacks he found two books that were key in his investing journey, The Art of the Deal by Donald Trump, and Mission Success by Og Mandino.

Then, Jason talks with Jeff Meyers, President at Meyers Research, about the state of the housing market across the USA, and how much runway the market might have. They also discuss whether millenials are finally ready to buy their first houses, and the incredible impact the self-driving car will have.

Key Takeaways:

Jason Intro:

[2:40] The book that turned around Jason's real estate career at the age of 24

[6:33] Jason would listen to Og Mandino's Mission Success cassette on repeat

[11:54] Walter Hoving's views on capitalism

[15:15] Capitalism is the best (and most natural) economic system ever

Jeff Meyers Interview:

[21:13] Are the millenials finally entering the home buying market?

[24:04] There's been a long economic recovery, but housing hasn't led the way so Jeff sees more runway

[31:24] Mortgage lending is getting tighter than ever, with the average FICO score on each loan being 720

[32:56] The self driving car could cause a resurgence of the suburbs, but it will DEFINITELY be a game changer for real estate

[36:09] The cottage industry that could spring up out of the emergence of the self driving car

Website:

www.MeyersResearch.com

www.JasonHartman.com/Masters