Episode #315
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Real Estate Investors—You Should Be Very Concerned About Stagflation:
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Stagflation: the combination of two of the worst economic conditions—inflation and slow/no growth. With stagflation, prices rise, asset growth shrinks, unemployment increases, consumer confidence drops, and economic pain spreads. This is the first time in almost fifty years that the US has had to deal with what is an extremely rare economic scare. And with the Fed already under immense pressure to lower rates, is the US economy out of escape routes?
Today, we’re talking about stagflation—a trend that has worried major economists for months. Economic “warning signs” are already flashing as recession and inflation risks grow. But if we get hit with stagflation, how bad will it be, how long will it last, and how will it affect real estate? I’m explaining it all today.
We’ll walk through what happened during the 1970s stagflation crisis, how home and rent prices were affected, what’s causing today’s stagflation risk, and whether the Fed has any power left to mitigate the worst consequences of it. This could affect every American and anyone investing in American real estate, but have my investing plans changed? I’ll tell you what I’m doing next.