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Podcast: Creating Wealth Real Estate Investing with Jason Hartman
Episode: 2053: Rich Dad Advisor Ken McElroy Exposes the Truth About the State of Commercial RE
Description: Jason welcomes his business partner, Ken McElroy, who is known for his books in the Rich Dad series and his expertise in multifamily real estate. They discuss various topics, including the impact of the Federal Reserve's interest rate increases on commercial real estate, the challenges faced by different real estate asset classes, and the dynamics of the multifamily market. Ken emphasizes that affordability issues are affecting the rental market, and they predict a slowdown in new construction in the coming years. They also debunk the idea of easily converting office or mall spaces into residential units. Stay tuned for...