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The Debt Decamillionaire
Description
$10 million in debt could BENEFIT you. I describe how.
There are more "free-and-clear" homes today than in 2006. I tell you why.
A major platform published that 30-year mortgages are better than 15-year. It appears terribly oversimplified.
Home equity always has zero ROI.
The debt decamillionaire can have a $300K annual tailwind from inflation-profiting alone.
How to get informed, not affirmed.
Then, Daren Blomquist joins us to discuss U.S. housing trends.
The homeownership rate has declined, especially among those under age 35.
The rental vacancy rate has plummeted to 6.8%.
Market appreciation is cooling in a sustainable way, returning to long-term norms.
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Resources mentioned:
30-Year vs. 15-Year Mortgages:
My Forbes article:
Why Home Equity Has Zero Return
GRE's Tampa Field Trip:
Mortgage Loans:
Turnkey Real Estate:
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