AIPIS 216 - Home Builders Searching for Labor with Andrew Zatlin

In the first part of Jason Hartman's interview with Moneyball economist Andrew Zatlin, the two of them take a deep look at what's going on in the housing market through the lens that Andrew uses. He looks at hiring patterns of home builders, and has seen a distinct problem in their search for labor. So many industries are hunting for labor that it's creating a bottleneck. The two also look at short-term rentals, hotel vacancies, the Fed's monetary policy, and what's creating the demand for housing. Key Takeaways: [1:35] Andrew likes to check in with companies about what they're doing in regards to hiring [4:05] Home builders can't hire enough people right now. The bottleneck is labor because there's a LOT of competition for it [7:02] One question we need to ask is: what's creating all this demand for housing? [11:06] The environment today makes it more attractive to buy rather than rent [16:57] Do short-term rental providers need to worry about oversupply? [19:15] Hotel vacancy rates tipped into the negatives this past year because of short-term rentals exploding in popularity [21:55] Demand will create supply, but sometimes supply can create demand [25:47] The Fed is on a trajectory of tightening Website: www.JasonHartman.com/Masters www.MoneyballEconomics.com