CW 493: Memphis Tennessee Real Estate Market Profile & Moneyball Economics with Andrew Zatlin

Creating Wealth Real Estate Investing - Archive Episodes 401-500

In today’s introduction portion of the Creating Wealth show, Jason Hartman invites Sarah on to the show to talk about the Memphis market. Jason also announces a property tour for the Memphis area in May, so be sure to buy your early bird tickets now before the price raises at JasonHartman.com. Today’s Creating Wealth principle guest is Andrew Zatlin. He is an economists and is famously know for his Moneyball Economics. He sits down with Jason to talk about Hookernomics, how you can learn where the market is going by simply talking to escorts, the unstable Japanese economy, how gold will drop in prices, and much more on today’s episode.

Key Takeaways:

1:50 – Huge interest in the Memphis market right now.

6:05 – Jason talks about the Memphis property tour schedule and dates.

14:10 – Jason introduces Andrew to the show.

16:45 – Most policy makers out there have an old-fashioned way of approaching this very new economy that we’re in.

27:16 – Andrew explains why he decided to interview escorts and prostitutes about the state of the economy.

42:00 – Andrew set out to find the true data points that really matter to our economy.

50:45 – China has created a super bubble for themselves and they are bond to crash.

53:20 – Japan doesn’t make thing any more and they’re also in big trouble. Andrew explains further.

57:30 – Jason and Andrew touch on the gold bug subject.

62:40 – There’s a free report on MoneyballEconomics.com that shows you how vices, hookernomics, can show you what’s going on in the economy right now.

Tweetables:

“Most of the policy makers got their PhDs before the internet existed, so they’re approaching the world with a horse and buggy model.”

“Home Depot is hiring 80,000 people this year, that’s the same as last year. That tells me we’re not really seeing a lot of growth.”

“We have demand and we have a misalignment of skill set to that demand and that’s because of policy, not because of economy.”

Mentioned In This Episode:

http://www.moneyballeconomics.com/

http://blogs.wsj.com/moneybeat/2013/10/22/southbays-zatlin-goes-moneyball-on-economic-data/