Speaker 1: You just realized your business needed to hire someone yesterday.
Speaker 1: How can you find amazing candidates fast? Easy? Just use
Speaker 1: Indeed stop struggling to get your job posts seen on
Speaker 1: other job sites. With Indeed sponsored jobs, your post jumps
Speaker 1: to the top of the page for your relevant candidates,
Speaker 1: so you can reach the people you want faster. According
Speaker 1: to Indeed data, sponsored jobs posted directly on Indeed have
Speaker 1: forty five percent more applications than non sponsored jobs. Don't
Speaker 1: wait any longer. Speed up your hiring right now with Indeed,
Speaker 1: and listeners of this show will get a seventy five
Speaker 1: dollars sponsored job credit to get your jobs more visibility
Speaker 1: at indeed dot com slash pod Katz thirteen. Just go
Speaker 1: to Indeed dot com slash pod Katz thirteen right now
Speaker 1: and support our show by saying you heard about Indeed
Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is
Speaker 1: all you need.
Speaker 2: A housing market crash is coming is Austin in twenty
Speaker 2: twenty two twenty the two thousand and eight version of
Speaker 2: Las Vegas.
Speaker 3: Listen. Kudos to Dom and p who sent me this
Speaker 3: dated last night. If you look at where the housing
Speaker 3: market is in Austin, Texas, and the comparison of where
Speaker 3: Las Vegas was in two thousand and eight and housing
Speaker 3: crash was coming. Applications are slowing down, interest rates are
Speaker 3: going high, Pierre told me last night. Even on investment properties,
Speaker 3: the information and the amount of capital that you have
Speaker 3: to put down is not being changed. If any investor
Speaker 3: that lived in two thousand and eight, they will tell
Speaker 3: you when the guidelines began to change, that was because
Speaker 3: the market was getting ready to topple. So now if
Speaker 3: you go from having to put down fifteen to twenty
Speaker 3: percent or twenty to twenty five, there is a major
Speaker 3: adjustment about to happen. So for everyone who bought that
Speaker 3: bad prices in the top of the market, I am sorry.
Speaker 3: I begged you to wait and to be patient. Look
Speaker 3: at the comps in the area. But if a residential
Speaker 3: neighborhood has one up three x or four x in
Speaker 3: a year and a half and it has to come down,
Speaker 3: And since we're not in a recession and the fail
Speaker 3: to stop doing quantitative easy, this is the next market
Speaker 3: that is going to topple over. I know everyone going
Speaker 3: to say I'm not right. Same thing happened in October
Speaker 3: when it came to this market, the stock market, and
Speaker 3: here we are. The housing market is next. Please be careful,
Speaker 3: I'm begging you.
Speaker 4: Yeah, I mean interesting because when we talk about cities
Speaker 4: that tech hubs, everybody always brings up Austin, And we
Speaker 4: actually had a chance to be out there for south
Speaker 4: By Southwest, and it looks like it's a flourishing text.
Speaker 4: It's booming, it's booming, it's becoming one. But then I
Speaker 4: did some research on it. I looked at I think
Speaker 4: Business Insider had this article was like the top fifteen
Speaker 4: cities where home appreciation has outpaced wages. Number one city Austin, Texas.
Speaker 3: Absolutely for those who don't know, the people are not
Speaker 3: making enough to keep up with what the houses cost
Speaker 3: because everyone from California and Washington began to move there.
Speaker 3: So I remember when Tim Ferris and Noah Kagan from
Speaker 3: Okay Doric moved in like two thousand and eight, and
Speaker 3: then Facebook slowly came in. Now we're in a bubble.
Speaker 3: You have to find what the next Austin is going
Speaker 3: to be. So and I've been telling everyone for five
Speaker 3: years they moved to Texas way cheaper. But when a
Speaker 3: population or city becomes overinflated and you having people that
Speaker 3: are put down seven hundred thousand cash and the house
Speaker 3: is worth five point fifty. That is the same thing
Speaker 3: that happened in two thousand and eight. I truly believe
Speaker 3: like banks, and we may not know this truly for
Speaker 3: two years, I think banks intentionally imploded the crypto market
Speaker 3: to get the same results and reaction from two thousand
Speaker 3: and eight. For those who missed out, wh who studied
Speaker 3: that market. Freeman is doing a great job at being
Speaker 3: Buffett at FTX for the crypto space. But there's a
Speaker 3: bunch of people in investment banking who are like, damn,
Speaker 3: I missed out on all eight. If we can infiltrate
Speaker 3: the crypto market with all this fanfare, I mean we
Speaker 3: saw it when Zillow and red fan was like buying
Speaker 3: people houses twenty thirty percent of a value and then
Speaker 3: try to sell them back two months later. That's a
Speaker 3: crash in the self. It's over with.
Speaker 2: Yeah, uh yeah, well so we would be What would
Speaker 2: be your advice for people as far as the real estate,
Speaker 2: Just be careful, just make sure you're getting good value.
Speaker 3: You want an answer, a Smoothi King answer.
Speaker 2: Smoothie King, Let's go, smoothes go full.
Speaker 3: Stop buying everything as stupid prices. Write this down your
Speaker 3: number one job and everything you invest in. You don't
Speaker 3: have to like me or believe me, just to stop
Speaker 3: buying shit at dumb princes. You can do a fibinizity
Speaker 3: retracement over any market, water only, fan subscriptions oranges, right
Speaker 3: the price of tickets to fly to invest us with them.
Speaker 3: Everything has a high. You should buy, not from the high.
Speaker 3: I screamed that all last year. Mike, clip it up,
Speaker 3: Nikki clipped it up.
Speaker 5: This episode is brought to you by P and C Bank.
Speaker 5: A lot of people think podcasts about work are boring,
Speaker 5: and sure they definitely can be, but understanding a professionals
Speaker 5: routine shows us how they achieve their success, little by little,
Speaker 5: day after day. It's like banking with P and C Bank.
Speaker 5: It might seem boring to save, plan and make calculated
Speaker 5: decisions with your bank, but keeping your money boring is
Speaker 5: what helps you live or more happily fulfilled life. P
Speaker 5: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
Speaker 5: Boring since eighteen sixty five is a service mark of
Speaker 5: the PNC Financial Service Group, Inc. P and C Bank
Speaker 5: National Association member fdic ernest What's up? You ever walk
Speaker 5: into a small business and everything just works like the
Speaker 5: checkout is fast, the receipts are digital, tipping is a brise,
Speaker 5: and you're out the door before the line even builds
Speaker 5: odds are they're using Square. We love supporting businesses that
Speaker 5: run on Square because it just feels seamless. Whether it's
Speaker 5: a local coffee shop, a vendor at a pop up market,
Speaker 5: or even one of our merch partners, Square makes it
Speaker 5: easy for them to take payments, manage inventory, and run
Speaker 5: their business with confidence, all from one simple system. If
Speaker 5: you're a business owner or even just thinking about launching
Speaker 5: something soon, Square is hands down one of the best
Speaker 5: tools out there to help you start, run, and grow.
Speaker 5: It's not just about payments, it's about giving you time
Speaker 5: back so you can focus on what matters most ready.
Speaker 5: To see how Square can transform your business, visit Square
Speaker 5: dot com backslash, go backslash eyl to learn more. That's
Speaker 5: Square dot com backslash, go backslash eyl. Don't wait, don't hesitate.
Speaker 5: Let's Square handle the back end so you can keep
Speaker 5: pushing your vision.
Speaker 6: Forward behind those warm and cozy nights at home. Thousands
Speaker 6: of employees at BP go to work every day. People
Speaker 6: producing more US natural gas, people building grid scale solar capacity,
Speaker 6: people turning landfill waste gas into pipeline quality renewable natural gas,
Speaker 6: and people delivering all of that power where it's needed.
Speaker 6: They're part of almost three hundred thousand jobs VP supports
Speaker 6: across the country. Learn more at VP dot com. Slash
Speaker 6: investing in America, you.
Speaker 3: Have to buy at the best prices. The way people
Speaker 3: finesse you is to create fanfare and then use you
Speaker 3: as liquidity to drive the price up so that they
Speaker 3: can exit. Once again. China did not announce on Twitter,
Speaker 3: I'm going to buy this farm land and now we
Speaker 3: can come in together with the dow to buy it together.
Speaker 3: They're required about that. Why Bill Gates has never announced
Speaker 3: coming to my fund and you can buy all this
Speaker 3: land with me. Now, wait till you find out those
Speaker 3: who are buying things in tandem. Stop buying at bad
Speaker 3: priceis it's only for the benefit of someone else. And
Speaker 3: if I've made you money, please put us in shut please.
Speaker 2: Did I did I say that clock analogy last week? Yeah?
Speaker 3: Yeah? Did you right now? It said again?
Speaker 2: Yeah? So don Peebles legend legendary billionaire developer. When we
Speaker 2: spoke to him, he said that his philosophy with real
Speaker 2: estate because I asked him, I'm like, how do you
Speaker 2: feel about the real estate market? Is it too hot?
Speaker 2: He's like, his philosophy a real state and just investing
Speaker 2: in general. It's like a clock and he was like,
Speaker 2: he was like, right now, it's at like the clock
Speaker 2: is at twelve o'clock. And he said, you don't you
Speaker 2: don't buy when it's at twelve o'clock. Like the hands
Speaker 2: is like it's like pointing out like this. He said.
Speaker 2: His philosophy is to wait till it gets to like
Speaker 2: three o'clock. I think like from three he was like,
Speaker 2: at three o'clock, that's when you should start being interested.
Speaker 2: At four o'clock, he said, from four to eight o'clock
Speaker 2: is when he's buying. From four to eight o'clock is
Speaker 2: when he's buying, and then from eight o'clock to twelve
Speaker 2: o'clock is like when he's selling. And then and then
Speaker 2: from twelve o'clock to four o'clock is when he's researching.
Speaker 2: That's what it was. From from twelve o'clock to four
Speaker 2: o'clock is research. Four o'clock to eight o'clock is buying.
Speaker 2: Eight o'clock to twelve o'clock is selling. You don't want
Speaker 2: to be there by low sell high. And he said,
Speaker 2: right now, it's at twelve o'clock. Right now, that's what
Speaker 2: he said. I don't know. He's a billionaire.
Speaker 3: A lot of investment in business comes down to will
Speaker 3: you listen to the people that are trying to help
Speaker 3: you and take your emotions out of it. Hope is
Speaker 3: not a strategy. Hope is not a strategy. So when everyone,
Speaker 3: especially in our community, when the entire hood is talking
Speaker 3: about crypto stocks, real estate, bro its too late. Okay,
Speaker 3: let's take me and let's say y'all going to press
Speaker 3: round and I do shows back to back right on
Speaker 3: fire and I'm doing trap numbers, a million out the
Speaker 3: gate first week, Trapped and keys and broke the cold
Speaker 3: one Hunter, get clicks like crazy. Right then I go
Speaker 3: to let's say iHeart and say, hey, let's bundle this up.
Speaker 3: What eyl on, Let's do a deal. Who does the
Speaker 3: benefits mean? So on crypto, when they had all this
Speaker 3: fan fare going and the amc apes and all that, right,
Speaker 3: that was to build fanfare to then sell off. You
Speaker 3: notice almost everybody who was running these funds and crypto
Speaker 3: are now looking to go work at the bank where
Speaker 3: they partner with the bank, or they sold out in
Speaker 3: some form or fashion. If you do not know who
Speaker 3: is being finessed in the deal, that is usually you.
Speaker 3: Even in my finesse, My thing is I want to
Speaker 3: help you so much that if I go run for
Speaker 3: president one day, you're like, man, he crazy with that Smoothie,
Speaker 3: can't get him jackets boy. But Ian was all right
Speaker 3: with me. Let me go ahead and vote for him.
Speaker 3: I want to help you first in advance. So if
Speaker 3: you do not know who is the beneficiary in a
Speaker 3: deal or transaction, or you being a part of a
Speaker 3: fan club, it is the person who runs it and
Speaker 3: not you. Invest in ask considerable risk. Please consult your
Speaker 3: advisor and listen to what I tell you. I'm begging.
Speaker 2: I love y'all, and please please be mindful.
Speaker 3: Extremely important my graduates from my school being forced bad.
Speaker 6: Drop drop, Mike, drop drop.
Speaker 1: You just realized your business needed to hire someone yesterday.
Speaker 1: How can you find amazing candidates fast? Easy? Just use indeed,
Speaker 1: stop struggling to get your job. Posts seen on other
Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to
Speaker 1: the top of the page for your relevant candidates, so
Speaker 1: you can reach the people you want faster. According to data,
Speaker 1: sponsored jobs posted directly on Indeed have forty five percent
Speaker 1: more applications than non sponsored jobs. Don't wait any longer.
Speaker 1: Speed up your hiring right now with Indeed, and listeners
Speaker 1: of this show will get a seventy five dollars sponsored
Speaker 1: job credit to get your jobs more visibility at indeed
Speaker 1: dot com slash po d Katz thirteen. Just go to
Speaker 1: indeed dot com slash pod katz thirteen right now and
Speaker 1: support our show by saying you heard about Indeed on
Speaker 1: this podcast. Terms and conditions apply. Hiring Indeed is all
Speaker 1: you need