Tag Archive for: george gammon

Hoovering Up Sunbelt Rental Properties With DSCR Loans; Bucking The Narrative

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George Gammon got very rich by buying up rental properties in droves in 2012. He loves telling the story because it so nicely illuminates “contrarian investing.” EVERYONE was telling him not to buy real estate because of the 2008 crash; it scarred everyone, and the broader narrative was that real estate was a dead asset.Read More

The Wisdom Of Crowds Is Far More Accurate Than Experts

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I watched the Israel/Iran war heat up all weekend, and I will readily admit that I was very worried about it escalating into a much more severe regional conflict. The […]Read More

2025 Mortgage Rate Forecast; Jobs Report Tomorrow = Fake News?

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Interestingly, the title of my blog will send our SEO ranking soaring, as everyone seems to be googling this. But, far be it from me to ever focus on SEO… […]Read More

The Death of Inflation; Some Fascinating & Necessary Perspective

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Today’s inflation report came in surprisingly tame, despite rising energy prices. It is another indication that inflation is clearly waning, as both Jeff Snider and Barry Habib have been predicting for some time.Read More

Goldman Sachs: “Only 15% Chance of Recession in 2024” WHY???

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Gammon shreds all of Goldman’s assertions in his video, reminding us that Goldman completely missed the 2008 financial crisis with its previous predictions, as well as the inflation runup we just went through and much of the fallout from the COVID crisis.Read More

More Great Inflation News; Rates FALL 1/2% This Week; Fed Victory Dance?

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Another inflation indicator came into today below expectations – and rates fell even further. They have now fallen almost 1/2% this week!  In contrast last, I just blogged last week […]Read More

Why Inflation Makes Your Fixed-Rate Mortgage An Asset

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Not only is housing a great inflation hedge as a “hard asset,” but a low 30-year fixed-rate makes financed housing an even better inflation hedge. A fixed mortgage payment in a world of rising inflation, rising incomes, rising rents, and a falling dollar could be the best asset we have.Read More