In this video, I sit down with real estate investor, inventor, author and anarchist Anam Paiseanta to talk about how government manipulation and control in the markets (specifically the housing market in this video) only perpetuates problems and inflates volatile, dangerous bubbles.
Today, we are seeing the repeat of what we saw on even a smaller scale back in 2006-2007 leading up to the housing bubble burst. Collateralized debt obligations, mortgage backed securities. On top of this we're seeing vast regulations and taxation stifling competition and destroying free market demand.
Anam goes into why the markets (you the individual) runs much better naturally, without the hand of the state. He also goes into when to buy, why no market is a bad market if you know what you're doing and why your house is NOT an asset.
Anam is the author of the book "Three Friends Free: A Children's Story Of Voluntarism" which seeks to teach children about freedom as public schools attempt to brainwash them into the cult of state.
See the FULL video interview here:
Stay tuned for more from WAM at Freedom Fest in Las Vegas! Don't forget to Upvote & Follow! :)
If you like what I do, you can donate to my Bitcoin, Dash or EOS addresses below!
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Fantastic interview. I really like Anam's comment that "people need houses". With proper care, you can really set up a long term investment portfolio that delivers somewhat "passive" income for the rest of your life. Best of all, "there is no bad market for real estate" if you know what you are doing.
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Thanks! Yeah, Anam has a lot of great insight! :)
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"Government rewards bad ideas." Exactly. Government, itself a bad idea, perpetuates more bad ideas.
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Exactly!
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Good article thanks, unfortunately it's not just the housing market that the government is manipulating, cheers mike
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The governments are just the best organized and the most violent gangsters.
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A special article reveals the complicity of governments in harming the housing market
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I am patiently waiting for the downturn to buy. On my street a 2br condo is going for 1.2 million
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nice post please visit my blog.My new post:
https://steemit.com/softwhere/@doneshshrestha/whatsapp-check-out-all-the-updates-coming-to-android ,Upvoted
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This post has been ranked within the top 25 most undervalued posts in the second half of Aug 03. We estimate that this post is undervalued by $19.47 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 03 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
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Owning a house with a big mortgage is not an asset; it is a liability. Sometimes I wonder why a system is not in place for every to own a house without a 30-year mortgage.
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Thanks for share.
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great post
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Thanks Josh. Very interesting.
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gov't=anti-freedom
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Congratulations @joshsigurdson!
Your post was mentioned in the hit parade in the following category:
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The post is very good,
Hi brother,
Can you help me with this post, I want to revive the forgotten history of Aceh.
https://steemit.com/history/@munzil/tjoet-nyak-the-queen-of-aceh-battle-201784t202047608z
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Great post, didn't even know this was going on.
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nice
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Hey @joshsigurdson , would love to offer to come onto my podcast sometime.
It is about people doing remarkable things, whether entrepreneurs or not.
Where we talk about what you are doing, believe in and what difference you are making in the world.
It is part youtube channel where the mission is to help 1,000,000 entrepreneurs become remarkable, and the podcast acts as a way to share stories and connect with people.
Here is the playlist of the existing episodes: https://www.youtube.com/playlist?list=PL5CpCNPna6p95oJfKPew0N3ZT0k-khdgg
It is audio only over skype. Would love you to come on the show and talk about yourself. Does this sound of interest to you?
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Do you like finance and business? I invite you to go through my account, give me your opinion is important to me !!
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nice post follow and upvote my post..thanks
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When you buy a property you have to look at it as a long term investment, just like stocks, just like cryptocurrency. You don't sell when the market is down. Try to buy a property that can bring you some monthly incom.Buy a bigger house than you need for example,even if you pay more for it, but maybe you can rent the half of the house and pay you monthly mortgage.In this case you are living for free.If you buy a small house just for your needs you have to pay that from your pocket. Do some math before you rush to the bank and take a loan.
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very good
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