Justin Colby
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, you know, we agree. And it's just in what you're about to talk about, unfortunately, there's no saving this right now. I don't I don't see any next five to 10 years. Some big amount of construction happening. We're only producing more people. We're only getting older. Everyone's needing housing. They need a place to rent. They need a place to buy. Yeah. I don't see construction.
So, you know, we agree. And it's just in what you're about to talk about, unfortunately, there's no saving this right now. I don't I don't see any next five to 10 years. Some big amount of construction happening. We're only producing more people. We're only getting older. Everyone's needing housing. They need a place to rent. They need a place to buy. Yeah. I don't see construction.
COVID to me was the impetus of this harm, right? I think we weren't in a great place to start and COVID crushed it.
COVID to me was the impetus of this harm, right? I think we weren't in a great place to start and COVID crushed it.
There's no builders out there that can build that volume. In fact, some of the builders now have changed their entire model, build to rent, right? Which yes, people will rent them, but there's not going to be this, in my opinion, you know infinitely more because you study it hard, but... We don't have a savior in the next five to 10 years of this infinite market.
There's no builders out there that can build that volume. In fact, some of the builders now have changed their entire model, build to rent, right? Which yes, people will rent them, but there's not going to be this, in my opinion, you know infinitely more because you study it hard, but... We don't have a savior in the next five to 10 years of this infinite market.
You know, there's not going to come to market, you know, 10 million homes.
You know, there's not going to come to market, you know, 10 million homes.
Yeah.
Yeah.
Right. So it's just not going to happen, which means what? You're going to have higher prices for the next five to 10 years.
Right. So it's just not going to happen, which means what? You're going to have higher prices for the next five to 10 years.
In fact, it's actually in real estate specifically the exact opposite.
In fact, it's actually in real estate specifically the exact opposite.
And it can be mass produced.
And it can be mass produced.
Yeah. Well, and because I think we're all going to the same place, which is. You being able to create equity in your home is going to be a really good asset for you. I say it one way, and I'm curious to hear your perspective, but I do want to use your term and have people dive into it, right, is to be able to. reduce your debt, right? I really believe people need to understand how to.
Yeah. Well, and because I think we're all going to the same place, which is. You being able to create equity in your home is going to be a really good asset for you. I say it one way, and I'm curious to hear your perspective, but I do want to use your term and have people dive into it, right, is to be able to. reduce your debt, right? I really believe people need to understand how to.
I've been talking a lot about something which might play into this. I've been talking about there's four reasons why real estate is the only and the best. It is the only play, anyone who really gives a shit about making real money and creating real wealth. And here's why. It can create you a seven year, seven figure year income, true income, active income.
I've been talking a lot about something which might play into this. I've been talking about there's four reasons why real estate is the only and the best. It is the only play, anyone who really gives a shit about making real money and creating real wealth. And here's why. It can create you a seven year, seven figure year income, true income, active income.