How the pandemic is affecting real estate in 2020 and reflation DDRE#2

Data Driven Real Estate

With so many great questions after our first show, Aaron Norris and Sean O'Toole are back to answer the question: How will the recession impact real estate in 2020? And how will government recession intervention impact real estate? Sean goes into more detail on the three things he warned real estate professionals about in 2016 and we review how well his predictions held up. Hint, shockingly well! Sean also gives more insights into the options the Fed has at their disposal to handle the recession because of Covid-19. Will the Fed print money, try austerity, raise taxes? Will we see inflation, deflation? And, what should real estate professionals be focused on right now to grow their business? So much to cover in this week's show.

Hoofdstukken

1. The number one response the US government will use to address Covid-19 (00:00:00)

2. Why Sean stopped speaking at real estate clubs in 2016 (00:00:38)

3. What is a debt-driven economy? (00:02:41)

4. The bubble journey to zero percent interest rates and impacts on the economy (00:05:23)

5. What is a black swan? (00:08:25)

6. How automation impacts the wages and the economy (00:10:45)

7. Will and should manufacturing jobs ever return to America? (00:11:21)

8. US Manufacturing output is at record highs but employment lower than 1940s?! (00:12:38)

9. Why the Main Street real estate industry must focus on efficiency and automation (00:13:18)

10. In low-growth markets, what is the only way a real estate professional survives? (00:14:30)

11. Why Sean disagreed with Schwarzenegger and his important piece of advice in 2016 (00:15:58)

12. Will the Fed deploy negative interest rates in United States? (00:18:00)

13. Will the Fed choose austerity in the United States? (00:21:33)

14. Will debt restructuring be the likely path the Fed chooses? (00:22:05)

15. Will states be forced to raise taxes to offset pandemic losses? (00:23:12)

16. The state of Nevada is considering an income tax?! (00:23:51)

17. The number one response the US government will use to address Covid-19 (00:24:17)

18. If we pump all that cash, will the US have inflation and what does that mean for the real estate market? (00:26:03)

19. Unique ways that Covid-19 will impact real estate supply and demand (00:34:06)

20. Real estate demand in vacation rental markets might double?! (00:35:07)

21. Divorce a driving demand for real estate in the year ahead (00:36:16)

22. Cash is trash in 2020 and the issues that reflation causes in some markets (00:36:53)

23. The people getting hit hardest because of Covid-19 with 40% experiencing job loss (00:39:52)

24. Will student housing be impacted by Covid-19? (00:42:44)

25. We’ll never solve affordable housing by building affordable housing? Say what, Sean? (00:43:22)

26. Will we see a wave of foreclosures? (00:45:29)

27. The five D’s of foreclosures (00:46:33)

28. When Covid-related foreclosures hit the market? (00:48:41)

29. How some markets might see a 10-20% real estate price decrease (00:48:41)

30. Show Notes and chart downloads (01:00:00)

31. Free 3-Day Trial of PropertyRadar (01:05:00)