I have uploaded a podcast for August 9, 2018. Click here to go to the show archives page to get the links to the articles discussed and to listen, or you can listen on the link below.
-History has shown that modifications to the tax codes and changes in government policy tend to impact real estate and other asset markets more profoundly than changes in economic conditions, including movements in long-term mortgage rates. Why is this? Investors always underestimate how the government can distort the supply/demand curve.
-The Trump administration, as part of a crackdown on certain US investments made by Chinese companies, is set to snatch a majority stake in Manhattan’s 850 Third Ave.
-This is the first move by the Trump White House under CFIUS — the Committee on Foreign Investors in the United States – to seize foreign real estate interests.
-With respect to investing there is absolutely no difference in the “left” and the “right.” In fact, with most issues, there is no difference. Both sides use government when it suits their interests.
-Donald Trump was elected while beholden to Chinese and German lenders, in clear violation of the US Constitution’s Emoluments Clause.