Joseph Shalaby

I actually just had this discussion with Senator Troy on my podcast just a couple of days ago. And the biggest thing that was discussed on my podcast with Senator Troy was the fact of deregulation for builders. So that's going to be a big thing in 2026 is like deregulating so builders can build faster. Right now there's a ton of regulation that totally eats all their profit margins right now.

It's a pain in the butt to build a house right now for a builder. It's just difficult. They've got to go through a ton of red tape. Red tape that doesn't even mean anything to the bottom line. Stuff that just holds up a project for weeks on end for no freaking reason. A lot of that's going to be looked at heavily because they need to pump out houses quick. If they pump out houses quick, then economies of scale will bring housing costs down.

A lot of things are... So that's on the construction side. That's, I think, very, very feasible to accomplish pretty, pretty quickly. The other thing that's trickier, but it's going to very, very much help the housing environment is something called portable mortgages, which is...

genius idea that Trump is pushing for. And portable mortgages are going to allow you to take your low interest rate to your next property. So a lot of people are just basically stuck in their mortgage right now because they got a 2% rate. They're like, I'm never leaving. Well, obviously you'd never leave when your savings account is paying 5% and you have a 2% rate. The delta is 3%. That means you are literally making money on the money you borrowed. You're

It's not free money, money that they're making profits on, right? So every homeowner who has a 3% or 2% interest rate and their savings account is paying them 5% is making that delta. So now all these people are like, I'm never selling if with this rate are going to be like, okay, if I could just port that mortgage to my new house, I'll move.

Toivottavasti heidän täytyy laittaa uuden lainsäädäntöön, mutta se tuottaa 11 miljardia mortgagista, jotka ovat oikeastaan ratkaisussa. Se tulee olemaan todella hyödyllistä asemasta myös, jos se voidaan käsitellä jossain tavalla. Ja kolmas asia, joka on doketissa, joka auttaa asemasta vuonna 2026.

which is a little bit of help, not tremendous help, but it's still enough help, is 50-year mortgages are coming down the pipe. So if we get 50-year mortgages, you'll see a 10-15% reduction.

payment reduction so it's effectively like interest only just a little bit of principle but it's going to be at least something to help people subsize a little bit and you know the Fed said yesterday they're going to be buying mortgage-backed securities so I think it was like I don't know 20 billion dollars of mortgage-backed securities so that'll bring rates down that's the the fourth thing so

So it's just another way to qualify more buyers. With a tiny bit of a payment. I mean, 30-year and 50-year, it's not much of a difference. It's literally 10-15%. It's a tiny difference. Yeah.

You are not going to make a dent in the current environment without massive changes. So, I mean, we are really upside down with affordability for housing right now. It's like a joke. Yeah. Think about here in New York or in California where the housing average price is over a mil and a half or something. I don't know. In California it's like a million plus. In New York I'm sure it's the same, a million plus.

Million plus for a mortgage. At the current rate environment, that's $7,000 payment plus your $2,000 tax bill. You're at $9,000. You need to be making $20,000 a month to buy a freaking mediocre house. You're talking about a three-bedroom, two-bath bungalow in upstate New York. Nothing super fancy. Who makes $20,000, $30,000 a month? Your local anesthesiologist.

Hän ostaa hieman rinkkipaikkoja. Se on hän, joka ostaa. Se ei ole mitään mieltä. Meidän vanhemmat, kuten kohdallinen työntekijä, osti asiaa. Tai mitä tahansa. Nyt on hienoa, miten se on tehty. Työntekijät eivät tarvitse ostaa asioita tarpeeksi. Kaikki haluavat tämän yksityiskohtaisen hyökkäyksen.

Tämä on maailmassa, jossa olemme nyt. Ihmiset tarvitsevat monia hankkeita elämään. Se on vain todellisuus. He tarvitsevat monia hankkeita elämään. Ei ole enää yksi suurin piirtein. Olen syrjityksentekijä, joten ymmärrän tämän konseptin monia hankkeita elämään. Nyt se tuntuu olevan tarkoitus elämään. Kyllä.

My dad would have been so successful if he started his own practice. He's still 76 years old, retired, took his retirement, went back to work. Because he can't figure out how to just get ahead. And unfortunately for wage earners, especially now, they're not going to be able to get ahead. Wage earners cannot get ahead. They have to figure out some other way.

Kiitos kun katsoit videon!

I'm still, and you are, but we're both still trying to figure out how to get ahead. You know, we're podcasting, we're opening up new doors, we're talking to people that are moving and shaking in society and trying to figure out the next move. Because it's survival of the fittest right now. It really is. And that's what we're preparing our boys for, right? That's what we're preparing our kids for.

My business, because I'm a leader of a sales organization where I'm in the business of making businesses. So e-mortgage capital is an organization that makes other mortgage companies. So when I'm talking to my leaders, I'm telling them to go all in on building this business. Because the opportunity under the e-mortgage capital ecosystem is endless. You have the ability to make tens of millions of dollars. You have the ability to have hundreds of employees working.

E-mortgage capital ecosystem. We're like a farmer's insurance, right? Some farmer's branches are much more successful than other farmer's branches. So if you run your mortgage company under e-mortgage capital with all the resources that we provide to you, whether it's licensing, technology, marketing, lead gen, data solutions, infrastructure support or training or coaching or onboarding, whatever it is that we're doing for you.

You have a billion dollar ecosystem that you pay zero dollars for to scale your company. So just leverage and learn and educate yourself and ask questions as much as humanly possible to grow your mortgage company, to grow your brand so you can dominate within the EMC ecosystem.

Meillä on mortgaatio, meillä on taloudellisuus, meillä on niin paljon mahdollisuuksia, että voit kasvaa ja kasvaa meidän platformimme kanssa, että minä todellakin pystyn ihmisiä tuomaan meidän side hustle-kulttuuriin. Koska meidän side hustle-kulttuuri, jos sen rakennetaan EMC-ekosysteemiin, on ilmiöinen. Sinun side hustle-kulttuuri antaa sinulle...