#29 - The Secret Power Within Your Mortgage, The Bogus CPI / Core Rate, Foreclosures and Rent Increases

October 19, 2007 ·
· Play Now · Download · [34:40m]

 

In this three part podcast Jason interviews Chartered Financial Analyst and Finance MBA, Dan Amerman on how to use inflation and create wealth via debt - “Turning Inflation into Wealth” (MortgageSecretPower.com). Dan is the author of several books on mortgage finance, including the recent book “The Secret Power within Your Mortgage.”

Next, Jason talks with Dr. MacVay about how our friends in Washington DC are fooling us about our loss of purchasing power through misleading indexes like the Consumer Price Index (CPI) and the “Core Rate”. Issues discuss are allocation, cost equivalent, substitution, hedonics, taking out “volatile” little things like food and energy – the truth is exposed.

And finally, a brief radio interview where Jason discusses the foreclosure problem in Southern California and provides one method for predicting future real estate prices by utilizing his RV Ratio™ comparing Rent-to-Value.

3 Comments »

  Mike Greene wrote @ October 29th, 2007 at 1:22 pm

I love your Podcasts and look forward to them every week. This weeks was of particular interest as the stategy is one I am looking forward to following. It seems something important was left out though. Every time you refinance and withdraw the “Tax Free” money you are incurring more and more debt as well. How is this debt serviced if you use it for retirement expenses? I understand if you reinvest that it will be serviced but not if you intend on having it become your tax free retirement income. Did I miss something?
Love your show.

  Mike Greene wrote @ October 29th, 2007 at 1:25 pm

I apologize. This comment was intended for the “Refi till you die” Podcast.

  Jason Hartman wrote @ October 29th, 2007 at 8:28 pm

Hi Mike,

Thanks for the kind words! In response to your comment… the great thing about rental real estate is that our tenants pay the mortgage debt rather than us - more about this on the next podcast. Good question.

Thanks for listening!
Jason Hartman

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