2341: The Influence of Charlie Kirk, Housing Shortage, Not Oversupply: Kevin Erdman Debunks the 2008 Great Recession Myth
Creating Wealth Real Estate Investing with Jason Hartman
Release Date: 09/17/2025
Creating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 464 published last January 14, 2015. Today on the Creating Wealth show, Jason returns from the Meet the Masters event and tells his listeners that he still believes that investing within the United States is your best option as oppose to internationally. He also introduces his guest Dr. Ben Carson on the show where they talk about the medical system, debt, big government, and Ben's latest book entitled One Nation. Mentioned In This Episode: Abundance: The Future Is Better Than You Think by Peter Diamandis ...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason discussed the introduction of 50-year mortgages in the United States and their potential impact on real estate affordability and demand, while highlighting favorable market conditions including sliding interest rates and the end of quantitative tightening. He explained how extended mortgage terms can be financially beneficial through inflation-induced debt destruction and tax deductions, contrasting common misconceptions about mortgages as liabilities. Jason emphasized the importance of understanding current market trends and encouraged listeners to explore his AI chatbot and past...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 474 published last February 9, 2015. Today on the Creating Wealth show, Jason talks about some of the latest things he is up to as well as talks about an interesting opinion article published by the Washington Post. He does not have a guest for today's show, so he does a deep dive into the real estate market and talks about why central planning never works for the home ownership market. He also gives his comments in between reading out loud the article published by Washington Post in this quick 30 minute Creating Wealth episode. Mentioned In This...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason champions a view of real estate as a "packaged commodities" investment, emphasizing the financial advantage of the 30-year fixed-rate mortgage. They also stress the importance of adjusting financial figures for inflation, noting that reports of skyrocketing luxury home sales are misleading when not accounting for the dollar's diminished purchasing power. Furthermore, the discussion touches on the unusual trend of luxury home price growth outpacing non-luxury homes due to wealth concentration and the Cantillon effect. Finally, he promotes the strategy of inflation-induced debt...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 488, published last March 12, 2015. In Jason Hartman's introduction portion of the show, he answers a listener question about the due on sale clause and transferring your property into a single member LLC. Jason also welcomes guest John Michael Greer to the show. He is the author of several books with the most recent one being The Wealth of Nature. In the show today, Jason and John talk about the US economy and some of the key issues that it currently has in today's market. Mentioned In This Episode: HotPads.com VisualCapitalist.com The...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason focuses on the housing market and broader economic trends. He shares parts of a video by a financial YouTuber named Brian Kim, who presents data on home prices and mortgage interest rates, arguing that the market is resilient despite localized drops and that prices will likely continue to rise due to Federal Reserve rate cuts and quantitative easing. Jason, who agrees with Brian's prediction of improving conditions for real estate investors and a decline in mortgage rates, adds context regarding serious delinquency rates and layoffs in the labor market, suggesting that corporate...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 475, published last February 11, 2015. In today's Creating Wealth show, Jason first talks about statistics and how so many people use it to manipulate others. He also talks about how there are still a few Meet the Masters home study courses left, so do not forget to order them now while supplies last! Sara Silverstein joins Jason today on the Creating Wealth show to talk about funny tongue and cheek correlations. She shares a few examples that she has found over the past few months as well as talks about the birthday paradox, the Wizard of Oz,...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Today, Jason offers investment guidance, beginning with a discussion on the United States housing market, noting the significant pent-up demand from would-be buyers due to high interest rates and low sales volume. He then promotes income property as the most historically proven asset class, emphasizing the benefit of inflation-induced debt destruction, which reduces the real value of fixed payments over time. Additionally, Jason cautions against speculative investments and advises maintaining a diversified portfolio while strongly advocating for being a direct...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 270 published last July 24, 2012. Relationship expert and best-selling author, Dr. John Gray, joins Jason Hartman to talk about research studies and Dr. Gray’s new work, “Boys to Men.” Dr. Gray talks about how his observations have been backed up by and further explained by brain studies, showing obvious differences between men and women in brain function and hormones that affect health and behavior. He offers a deeper explanation of these differences based on scientific research showing how activities particular to each gender, diet, and an...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason discusses various economic and cultural trends impacting real estate investment. The core argument revolves around the decline in household size due to factors like lower marriage and fertility rates, the rise of feminism, and government policies like welfare programs, which consequently increases demand for housing units. Jason connects these societal changes to the desire of consumer product companies and taxing authorities to encourage single-person households and divorce to boost sales and tax revenue, respectively. Finally, he strongly advocates for direct...
info_outlineSign up for the Jason Hartman University Event this coming September https://www.jasonhartman.com/Phoenix .
Jason talks about political violence and media coverage, followed by an analysis of the housing market and recent rate cuts. He introduced various investment opportunities, including co-living properties and home equity investments, while discussing upcoming economic developments and the launch of an AI chatbot tool. He ends with information about upcoming events in Phoenix and encourages listeners to utilize the free AI resource for financial advice and market analysis.
Jason then welcomes Kevin Erdmann, author and housing analyst, where he challenges the common belief that an oversupply of housing caused the 2008 Great Recession. Erdman argues that a housing shortage, particularly in coastal regions, led to migration and subsequent demand spikes in other areas like Phoenix and Las Vegas. He attributes the 2008 crisis and the ensuing market collapse primarily to the federal government's tightening of mortgage availability, not an overbuilt market. Erdmann also discusses the current and future state of the housing market, asserting that a significant housing shortage persists and will take many years to resolve, influencing factors like rent inflation, household formation, and even fertility rates.
#KevinErdman #HousingShortage #GreatRecession #MortgageCrackdown #RegulatoryCrackdowns #PopulationGrowth #HouseholdFormation #RentInflation #RegionalShortages #MigrationEvent #HousingCrisis #ConstructionTrends #FailureToLaunch #ExpertsAreWrong
https://kevinerdmann.substack.com/
Key Takeaways:
Jason's editorial
1:27 Charlie Kirk the fascist
4:34 Seek out alternative news source
7:47 Rate cut; a little, too late
9:00 Join us at Phoenix https://www.jasonhartman.com/Phoenix
12:04 Very motivated builders
13:16 https://JasonHartman.com/Ai
Kevin Erdmann interview
16:43 The reason we went into a recession
29:56 Sponsor: https://www.monetary-metals.com/Hartman
30:29 What is the state of the housing market currently
39:21 Chart: Housing inventory
47:32 Fertility and singing a different tune by 2040
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