Latest debt and net worth numbers for the average family are not good

A change in the flood plain maps could impact your home!

On todays show we are going to talk about some numbers that paint
a picture of a public that is not doing well when compared to
past decades in terms of net worth and debt ratios. This is
particularly troubling when you consider all the various
challenges to the stability of the economy that we are likely to
face. You would want the public being better prepared financially
for a potentially tough time.  Overall, even if you do not
buy into the idea that some tough times may be ahead, these are
not encouraging numbers. We will also talk about new flood plain
data that would effect tens of millions of property owners who
suddenly find their properties in a riskier flood plain than they
were before. The insurance costs are something every owner or
investor should be aware of. We will also take a few minutes to
review the latest market numbers from Las Vegas, Nevada. Todays
Links:



https://www.zerohedge.com/news/2018-01-09/median-family-net-worth-below-1989-level-debt-money-worst-62


http://www.calculatedriskblog.com/2018/01/las-vegas-real-estate-in-december-sales.html


https://www-bbc-co-uk.cdn.ampproject.org/c/s/www.bbc.co.uk/news/amp/science-environment-42169462



HELP THE SHOW GROW by filling out the
audience demographic survey by clicking the button at the
top of the page titled "Take the survey to support the
show". Follow the prompts and this will automatically
enter you for a chance to win a $50 Amazon Gift card! Interested
in getting free content, advanced notice of upcoming events and
real estate exclusives? Then simply join the Rebel
Underground by texting the word
'rebelbroker' to 44222 - or click the button below. When
prompted, text your email address and you are in!


JOIN THE REBEL UNDERGROUND!
SPONSOR

Audible.com - Audible is offering real
estate realities listeners a free audiobook of your
choice and a free 30-day trial membership. Just go
to http://audibletrial.com/rebel and choose from over
180,000 audio programs – download a title free and start
listening! SUBSCRIBE TO AUDIBLE TODAY AND CLAIM YOUR FREE
BOOK AND 30 DAY TRIAL!