1348: Property Profile, Wage Growth & Labor Participation Rate

Jason Hartman starts today's episode from the Ritz-Carlton in Key Biscane, FL. He has created a new ratio for you to think about that can be put alongside the Rent-to-Value Ratio and all the other ones Jason has coined. Then he explores the concept of the unemployment rate versus the labor participation rate, the differences between them and what that means. Then investment counselor Adam joins Jason to discuss a property in Mobile, AL and also to look at the growing wages in specialized blue collar jobs. The two explore how this will impact real estate values and what it could mean to 4 year colleges. Key Takeaways: [5:06] Jason's newest ratio [8:52] Unemployment Rate vs Labor Participation Rate [13:32] The discouraged worker skews unemployment stats [15:02] A property profile in Mobile, AL [18:56] Blue collar wages are enticing people away from 4 year colleges [24:28] How rising blue college wages rising could impact real estate and the cost of repairs to our investment properties Website: www.JasonHartman.com/Properties The Unemployment Rate and the Labor Force Participation Rate Compared in One Minute Is the Unemployment Rate Lying to You?