More homeless people have been created due to the housing supply crisis. Homelessness is up 11% since last year, per the WSJ.
The opioid crisis, consumer inflation, and NIMBYism have contributed too.
California has the most homelessness on both a total and per capita basis.
States with higher housing costs have more homeless people.
I share our poll results: “Should we pay to house the homeless?”
Are you a NIMBY? We find out today.
We can increase housing supply with rezoning, construction training, and lower mortgage rates.
The cycle of investor emotions led to wild investing manias. It was tulip bulbs in the 1600s Netherlands and Beanie Babies in the 1990s United States.
I discuss exactly why “buy low, sell high” is more difficult than it sounds.
Resources mentioned:
Show Notes:
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521: Terrible Predictions, “End the Fed” and Capitalism with Mises Institute President Dr. Thomas DiLorenzo

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464: Avid GRE Listener Buys 11 Rental Properties in 4 Years. Here’s What Happened, with Shawn Finnegan

445: Your Questions Answered: Overleveraged, House Hack vs. Turnkey, Hyperinflation, With Keith Weinhold

411: What Does Life Want From You? Rentflation, Housing Market Normalizes, Available Properties, With Naresh Vissa

316: Why The Housing Crisis Will Worsen – Keith’s Prediction, Guaranteed Rent Income with GRE’s Aundrea Newbern
