Latest / The Paul Barron Crypto Show / Trump DEMANDS Higher Prices!? Housing Crisis

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Trump DEMANDS Higher Prices!? Housing Crisis · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Housing and the affordability crisis are all center stage now
• 0:04
  Speaker 1: and could crypto be one of the things that brings
• 0:06
  Speaker 1: it together. Today we're going to be breaking it down
• 0:09
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• 0:10
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• 0:36
  Speaker 1: link down below. Let's go over to the clip here.
• 0:38
  Speaker 1: I want to open with this clip before we bring
• 0:40
  Speaker 1: on our guests. That kind of gives a rundown of
• 0:43
  Speaker 1: where real estate is going and how crypto could play
• 0:45
  Speaker 1: into it. Take a look.
• 0:47
  Speaker 2: You know, there's so much talk about, oh, we're going
• 0:49
  Speaker 2: to drive housing prices down. I don't want to drive
• 0:52
  Speaker 2: housing prices down. I want to drive housing prices up.
• 0:55
  Speaker 2: And they can be assured that's what's going to happen.
• 0:57
  Speaker 2: I don't want to do anything to knock that downs.
• 0:59
  Speaker 2: We're going to try those values up. We're going to
• 1:02
  Speaker 2: keep them wealthy. We're going to keep those prices up.
• 1:05
  Speaker 3: I want the housing prices. Does this increase forever?
• 1:08
  Speaker 2: We're not going to destroy the value of their homes
• 1:10
  Speaker 2: so that somebody that didn't work very hard can buy
• 1:13
  Speaker 2: a home.
• 1:14
  Speaker 1: You quote didn't work very hard, Peter Shift, this is asinine.
• 1:18
  Speaker 1: So the first thing was the ban on large institutional
• 1:20
  Speaker 1: investors purchasing single family homes and the purchase of mortgage
• 1:23
  Speaker 1: backed security.
• 1:24
  Speaker 4: Yep. We're going to give guidance at some point to
• 1:27
  Speaker 4: see what is a mom and pop maybe your parents
• 1:30
  Speaker 4: for their retirement at bout five, ten, twelve homes. So
• 1:34
  Speaker 4: we don't want to push the mom and pops.
• 1:35
  Speaker 3: Out ten homes. Scott. You need to talk to normal people.
• 1:40
  Speaker 5: Are their plans in place to release money so they
• 1:43
  Speaker 5: can continue to finance affordable housing project?
• 1:46
  Speaker 3: That's a yes or no. There has been working to
• 1:49
  Speaker 3: implement the cedgree will be. This is going to be
• 1:51
  Speaker 3: a yes, no, no no.
• 1:53
  Speaker 5: You can say yes or no, I'm trying to be respectful,
• 1:57
  Speaker 5: or you can say I'm not going to answer, and
• 1:58
  Speaker 5: I'll move on number three. Okay, you opted for number three,
• 2:03
  Speaker 5: so you get to hear my wrath. No no, no, no, no, no,
• 2:07
  Speaker 5: We're not gonna do that with you.
• 2:08
  Speaker 3: May don't be a fucking.
• 2:10
  Speaker 2: This is a mess on housing from Trump.
• 2:12
  Speaker 6: Yeah. I think that's right, and I do have some
• 2:14
  Speaker 6: good news to share to the one bit beautiful Bill
• 2:17
  Speaker 6: has been tremendous good news that millions of people in
• 2:20
  Speaker 6: our country are now beginning to buy homes.
• 2:23
  Speaker 7: We've got a new report and if I as there
• 2:24
  Speaker 7: are thirty percent more realtors, then they're all homes for sale.
• 2:29
  Speaker 3: Not a good time to be a realtor, right, Mitch,
• 2:31
  Speaker 3: Absolutely not.
• 2:32
  Speaker 7: One point three million listing agents and one million homes on.
• 2:35
  Speaker 3: The market, there will be a buyer at a lower price,
• 2:38
  Speaker 3: and sellers have a false expectation of what they can
• 2:40
  Speaker 3: get in those houses never sell.
• 2:42
  Speaker 1: As you can see, the real estate market is in
• 2:44
  Speaker 1: disarray right now. A lot of this is being let
• 2:46
  Speaker 1: in by the Trump administration, and it's kind of interesting
• 2:50
  Speaker 1: because I think the problem is how and where the
• 2:53
  Speaker 1: financing is going to become. So I thought, well, let's
• 2:55
  Speaker 1: bring in some experts today. So coming and joining me
• 2:57
  Speaker 1: today is Zach Iphor, who is the founder of megatel Homes.
• 3:02
  Speaker 1: So great for coming in. Thanks, thanks for stopping in today.
• 3:05
  Speaker 3: Zach Hi, Paul, thanks for having me.
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  Speaker 1: All right, So let's get into a couple of points.
• 3:08
  Speaker 1: I want to hit on some of the data. Another
• 3:10
  Speaker 1: eight point four percent drop in US home sales. This
• 3:14
  Speaker 1: isn't a market headline, and this is another significant affordability
• 3:18
  Speaker 1: issue that we are facing. And of course this starts
• 3:20
  Speaker 1: to push a lot of issues toward whether or not
• 3:24
  Speaker 1: crypto can actually play into this. Now, when I look
• 3:26
  Speaker 1: at what you guys are doing, because there's a whole
• 3:30
  Speaker 1: slew of stuff that you guys have available. I was
• 3:33
  Speaker 1: looking at this statement the no action letter from the SEC.
• 3:36
  Speaker 1: It lined up a lot of features that you guys have.
• 3:40
  Speaker 1: So Bill pay rewards, rent forward, the megalow rate program,
• 3:45
  Speaker 1: and then savings on every day spending. Explain how this
• 3:48
  Speaker 1: works and why it's beneficial to real estate.
• 3:51
  Speaker 3: Well, Paul, me.
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  Speaker 7: Being in the real estate and financed for over twenty years,
• 3:57
  Speaker 7: we've been intimately experiencing all the differentficulty that home buyers
• 4:01
  Speaker 7: are facing currently with selling their homes or purchasing the
• 4:05
  Speaker 7: new homes or obtaining the mortgage rate. We've been working
• 4:09
  Speaker 7: on this program for many years and the whole entire
• 4:13
  Speaker 7: of the make Prime was started with our rent back
• 4:16
  Speaker 7: program that we were offering that to the future home
• 4:19
  Speaker 7: buyers that they were renting the apartments from us. Our
• 4:22
  Speaker 7: initial program was if a you rented unit from the
• 4:26
  Speaker 7: apartments that are affiliated with MEGATEL, you'll be able to
• 4:30
  Speaker 7: receive one hundred percent of your twelve months rent back,
• 4:33
  Speaker 7: then you're going to purchase the house. This whole entire
• 4:37
  Speaker 7: idea of the make Prime started it with us in
• 4:40
  Speaker 7: about a year and a half ago or almost two
• 4:42
  Speaker 7: years ago, which we realized there's a significant affordability crisis
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  Speaker 7: in the market and people cannot afford buying the home,
• 4:52
  Speaker 7: cannot come out of the readership.
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  Speaker 3: To benefit the homeownership, we came up with the.
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  Speaker 7: Concept of the make Prime that make Prime at its
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  Speaker 7: cool or is the global payment platform that is empowered
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  Speaker 7: by cryptocurrency. So what it does basically, it would allow
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  Speaker 7: the home buyers or anybody in the US that they
• 5:13
  Speaker 7: have access to our app.
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  Speaker 3: They can sign up with our payment app.
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  Speaker 7: They will have access to the make prime token and
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  Speaker 7: use that token for every day expending from buying the
• 5:23
  Speaker 7: coffee all of it to purchase the house or paying
• 5:26
  Speaker 7: the rent or mortgage, which when you use this service
• 5:29
  Speaker 7: there are many rewards and incentives comes with that.
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  Speaker 3: One of the programs that we have, which we believe
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  Speaker 3: is going to be the.
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  Speaker 7: Most popular program, is our Rent Forward program. So in
• 5:43
  Speaker 7: the short, our rent Forward program says that if you
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  Speaker 7: pay your rent with MP token through our make Prime app,
• 5:54
  Speaker 7: which would allow you to expend it with the make
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  Speaker 7: prime token and landlord would receive a AH in their
• 6:01
  Speaker 7: bank account, you will be receiving up to twenty percent
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  Speaker 7: reward for every month rent that you pay with the
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  Speaker 7: make Prime token.
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  Speaker 1: How how are the rewards paid?
• 6:12
  Speaker 7: Rewards paid in the form of the MP token thame
• 6:15
  Speaker 7: token that you use to pay your rent.
• 6:18
  Speaker 3: Let's say, how.
• 6:19
  Speaker 1: Are you getting the rewards? Where do the rewards come from?
• 6:21
  Speaker 7: So rewards is coming from two sources, participating enterprises in
• 6:26
  Speaker 7: the program, which in that scenario, several of the apartment
• 6:30
  Speaker 7: complexes that are receiving the renters that they will sign
• 6:33
  Speaker 7: up for the programs, they would pay us the commission
• 6:36
  Speaker 7: and we will pass through that commission through the renter
• 6:39
  Speaker 7: in the form of the MP. So let me just
• 6:42
  Speaker 7: run one simple model for you. You are paying the
• 6:45
  Speaker 7: rent for two thousand dollars a month, and you are
• 6:48
  Speaker 7: looking for rented units from any apartments that is available
• 6:51
  Speaker 7: currently for rents. You use our apartment finding service and
• 6:56
  Speaker 7: we will find the apartment.
• 6:57
  Speaker 3: For you that will feed your care terre.
• 7:00
  Speaker 7: When we would introduce you to that property management company,
• 7:04
  Speaker 7: we would be receiving the commission. So that commission is
• 7:07
  Speaker 7: normally about one to one half times of the first
• 7:10
  Speaker 7: month rent, which is equivalent to ten to twelve percent.
• 7:14
  Speaker 3: Of your annual rent.
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  Speaker 7: Okay, So our promise to our renter is if you
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  Speaker 7: rent from these units, they help you to find it
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  Speaker 7: and pay your rent payment with the MP token through
• 7:27
  Speaker 7: our app, which would enable you to pay the rent
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  Speaker 7: through the landlord portal. You would be receiving twenty percent
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  Speaker 7: reward every month that you pay the rent. On top
• 7:39
  Speaker 7: of that, if you pay twelve months rent with the
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  Speaker 7: MP token, you will be eligible to receive one hundred
• 7:46
  Speaker 7: percent of your past twelve month's rent back when you
• 7:50
  Speaker 7: are purchasing the home through our Qualified Buyers. In a
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  Speaker 7: simple way, you are paying two thousand dollars a month
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  Speaker 7: rent and stop paying with the USD.
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  Speaker 3: You are paying with the MP, landlord will end.
• 8:02
  Speaker 7: Up with the choice of the currency, which it could
• 8:05
  Speaker 7: be USD, USDC, or us or NP. You would be
• 8:11
  Speaker 7: receiving four hundred dollars a month worth off the currency
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  Speaker 7: that at any time can be converted to the USD
• 8:17
  Speaker 7: or USDC. And then you're going to purchase the house.
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  Speaker 7: You would receive one hundred percent of your past twelve
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  Speaker 7: months rent back up to twenty five thousand dollars in
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  Speaker 7: the form of the MP token, which you can convert
• 8:33
  Speaker 7: it to the USD add to your choice.
• 8:35
  Speaker 1: I see, so all right, it seems a little complicated
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  Speaker 1: to me, you know, in terms of how the yields
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  Speaker 1: or rewards are going to be paid. What else can
• 8:45
  Speaker 1: you do with the MP tokens other than pay your rent?
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  Speaker 1: You said you could also spend it in other ways.
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  Speaker 7: Yes, we also have our card program, which is the
• 8:53
  Speaker 7: crypto card, which the reward that should receive as a
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  Speaker 7: result of paying your rent. You can fund your card
• 9:00
  Speaker 7: and through the railing system with the companies such as Visa,
• 9:05
  Speaker 7: you can use that.
• 9:06
  Speaker 3: Debit card throughout anywhere that they would accept. I see
• 9:10
  Speaker 3: that particular lingkud.
• 9:11
  Speaker 1: Right now, mostly in Texas Oklahoma. Interesting, but you also
• 9:15
  Speaker 1: have spots coming to Florida. When will you have real
• 9:19
  Speaker 1: estate in Florida that would be applicable to this.
• 9:21
  Speaker 7: We are expecting to have operations open in Florida by
• 9:25
  Speaker 7: third quarter of twenty six.
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  Speaker 1: Okay, so this year you're coming at how how are
• 9:30
  Speaker 1: you able to get to a two point nine to
• 9:32
  Speaker 1: nine fixed on a thirty year on your meg Prime
• 9:36
  Speaker 1: pay where right now there's no rates even close to
• 9:40
  Speaker 1: that right now on traditional lending. How do you guys
• 9:43
  Speaker 1: do that?
• 9:43
  Speaker 3: That's a great question.
• 9:45
  Speaker 7: This is the incentive that we are offering to our
• 9:48
  Speaker 7: home buyers that they are currently willing to adopt for
• 9:52
  Speaker 7: signing up on the Make Prime Pay app. And our
• 9:55
  Speaker 7: incentive is very simple. Then you looked at any of
• 9:58
  Speaker 7: our qualified home throughout any of the Megatole homes that
• 10:02
  Speaker 7: are available, we would offer two point nine nine percent
• 10:07
  Speaker 7: interest rate thirty years fix. Then you want to purchase
• 10:11
  Speaker 7: the house, the only requirement is you have to pay
• 10:15
  Speaker 7: your earnest money deposit the MP token through MP app.
• 10:20
  Speaker 1: I see Okay. I think that a lot of people,
• 10:23
  Speaker 1: and maybe rightly so, maybe not, are somewhat skeptical of
• 10:27
  Speaker 1: these kinds of deals. We've talked to a handful of
• 10:31
  Speaker 1: people in the real estate industry around this before. I mean,
• 10:34
  Speaker 1: we've had Propy on They of course have a whole
• 10:37
  Speaker 1: process on obviously the property token. We've had them on
• 10:41
  Speaker 1: talking about this where the real estate market is going,
• 10:43
  Speaker 1: so you look at that, and then of course just
• 10:46
  Speaker 1: the general real estate market. This guy, he's out there
• 10:50
  Speaker 1: saying stay away from crypto actors in this space. This,
• 10:53
  Speaker 1: of course is Calwell Banker. Granted they have probably stuff
• 10:57
  Speaker 1: to lose if crypto becomes a factor here. I want
• 11:01
  Speaker 1: to play a clip for you and get your response
• 11:04
  Speaker 1: on this, because this, I think is the question that
• 11:06
  Speaker 1: people are asking. Take a look.
• 11:08
  Speaker 3: Sure, now there's a couple some great builders that are
• 11:11
  Speaker 3: offering bonuses, and I also wanted to show you this
• 11:14
  Speaker 3: one I'd run from these people. I don't know if
• 11:18
  Speaker 3: you've anyone heard of them, Megatel. I think if you
• 11:20
  Speaker 3: shake their hand, you got to count your fingers.
• 11:22
  Speaker 1: It's like that, all right. So these guys are putting
• 11:27
  Speaker 1: you guys on blast right there. So how do you
• 11:30
  Speaker 1: combat the regular real estate industry that's making those kind
• 11:34
  Speaker 1: of statements right there toward Megatel?
• 11:36
  Speaker 3: I mean, that's perfect.
• 11:37
  Speaker 7: We will welcome those comments, and it was completely expected
• 11:41
  Speaker 7: it then we were going to come up with something
• 11:43
  Speaker 7: that we call it through revolutionary incentives. There is always
• 11:47
  Speaker 7: going to the people that they're going to be against
• 11:50
  Speaker 7: anything new. All we are going to do just validate
• 11:54
  Speaker 7: our concept, continue doing what we said we are going
• 11:58
  Speaker 7: to do and show the everyday home buyers and renters
• 12:02
  Speaker 7: that they can benefit of these incentives without having any
• 12:07
  Speaker 7: problem for them. We know people like that is absolutely
• 12:10
  Speaker 7: always going to come out and question us.
• 12:13
  Speaker 1: Yeah, I would think that you could get some support
• 12:16
  Speaker 1: from maybe even the Trump administration with these kind of
• 12:19
  Speaker 1: rates because this would be below the banking standards and
• 12:23
  Speaker 1: really address the housing problem which is been acent. I mean,
• 12:26
  Speaker 1: if you cut an interest rate from really about five
• 12:30
  Speaker 1: and a half five and a half and six percent
• 12:32
  Speaker 1: down to two point ninety nine, there's a lot of
• 12:34
  Speaker 1: people that could get into houses that couldn't at those
• 12:37
  Speaker 1: higher rates. Have you talked to the Trump administration?
• 12:40
  Speaker 3: We have, and I believe the reason that we've been able.
• 12:44
  Speaker 7: To receive this valuable sec on Action relief because we
• 12:49
  Speaker 7: have received the support from that you know, hold entire
• 12:52
  Speaker 7: SEC staff and maybe the other folks in the system.
• 12:57
  Speaker 7: But I believe that our incentive is very ambitious, and
• 13:01
  Speaker 7: everybody is waiting.
• 13:02
  Speaker 3: To see how it performs, because if it.
• 13:05
  Speaker 7: Works, which we believe is going to work, is going
• 13:08
  Speaker 7: to revolutionize in the real estate transaction.
• 13:11
  Speaker 3: But until we can validate.
• 13:13
  Speaker 7: That and we can do so many home buyers and
• 13:16
  Speaker 7: renters that truly share their experience using our platform, it's
• 13:20
  Speaker 7: kind of hard to prejudge that. But we have all
• 13:23
  Speaker 7: the confidence that we have built all the necessary steps
• 13:25
  Speaker 7: for these program works.
• 13:27
  Speaker 1: How much capital is available at that two point ninety
• 13:29
  Speaker 1: nine for you to go out and fund real estate
• 13:32
  Speaker 1: right now.
• 13:33
  Speaker 7: It really depends on how many homes that we sell.
• 13:36
  Speaker 7: We have started offering this incentive about three weeks ago,
• 13:41
  Speaker 7: and we have sold more homes in three weeks than
• 13:45
  Speaker 7: we've sold the entire fourth quarter.
• 13:48
  Speaker 3: Of twenty twenty five.
• 13:49
  Speaker 1: How many is that.
• 13:51
  Speaker 3: I cannot just close the exact number, but it's in hundreds.
• 13:55
  Speaker 1: Hundreds of homes have gone through this two point nine nine.
• 14:00
  Speaker 1: We give them how many have closed, what percentage?
• 14:03
  Speaker 7: So all of the closing is waiting until token will
• 14:06
  Speaker 7: be available from February twenty six of this year, twenty
• 14:11
  Speaker 7: twenty six and basically our processes.
• 14:14
  Speaker 3: That home buyers has come out.
• 14:17
  Speaker 7: They have previewed their homes, they have gone through the
• 14:20
  Speaker 7: mortgage company and prequel process, they have signed up the contract,
• 14:25
  Speaker 7: reserved their homes. Contingent for Token will be available through
• 14:30
  Speaker 7: the app and they can pay their earnest money deposits
• 14:33
  Speaker 7: move forward for they're closing. So short answer to your question,
• 14:37
  Speaker 7: closing will happen late March twenty twenty six for the
• 14:41
  Speaker 7: first group of the home buyers that they are benefiting this.
• 14:44
  Speaker 1: Program March of this year. Okay, so March of this
• 14:48
  Speaker 1: year closings, hundreds of homes moving into that. I mean
• 14:53
  Speaker 1: maybe because we of course go out and do our
• 14:56
  Speaker 1: own research. There's been complaints on your group. Granted, maybe
• 15:01
  Speaker 1: that is because you haven't launched it yet. When is
• 15:05
  Speaker 1: the token launching?
• 15:06
  Speaker 3: On February twenty six of twenty twenty.
• 15:09
  Speaker 1: Six, Oya Soo Token launches our homebuilders in line with
• 15:13
  Speaker 1: this as well. Are they willing to do that? I
• 15:16
  Speaker 1: mean work with you on this kind of funding model.
• 15:19
  Speaker 7: Are different thing to talk with the multiple homebuilders that
• 15:23
  Speaker 7: we would offer the same type of the incentive for
• 15:25
  Speaker 7: their product. But everybody is waiting until token is launched
• 15:30
  Speaker 7: and transaction goes through and they can validate that.
• 15:33
  Speaker 1: Okay, all right. I was talking with the Proppy team
• 15:37
  Speaker 1: not too long ago, which I was blown away by
• 15:41
  Speaker 1: just the amount of title and escro challenges that the
• 15:44
  Speaker 1: industry faces. But she hit on a couple of things,
• 15:47
  Speaker 1: and that is that we could see agents, you know,
• 15:50
  Speaker 1: AI agents starting to play into this. Do you think
• 15:52
  Speaker 1: this is going to have any factor at all on
• 15:54
  Speaker 1: real estate or are you guys going old school here
• 15:58
  Speaker 1: with just some different mechanism for funding.
• 16:01
  Speaker 7: To be honest with you, if we are perfectly following
• 16:03
  Speaker 7: the oldest school approach for a property. I understand they
• 16:08
  Speaker 7: are following the different, different approach, but for us is
• 16:12
  Speaker 7: perfectly same.
• 16:13
  Speaker 3: Way that people were buying their homes before.
• 16:15
  Speaker 7: There's so many difference, that's right, there's there's no any
• 16:18
  Speaker 7: I don't see any place for AI currency for vidous.
• 16:22
  Speaker 1: Let's talk about the market size. This was a report
• 16:25
  Speaker 1: saying that one percent of Asian crypto allocation could unlock
• 16:29
  Speaker 1: two trillion. What happens if we unlock real estate in crypto?
• 16:33
  Speaker 1: What kind of impact could that have on crypto in general?
• 16:36
  Speaker 7: I mean, be perfectly honest with you, I think a
• 16:39
  Speaker 7: lot of people are looking at performance of the make
• 16:42
  Speaker 7: Prime and see how I make Prime Camp perform. Since
• 16:46
  Speaker 7: we are the first cryptocurrency that has received the non
• 16:49
  Speaker 7: actual relief from SEC for offering this type of the product.
• 16:54
  Speaker 7: I just don't think I think everything is up to
• 16:56
  Speaker 7: the speculations. I personally don't think I have any comments
• 16:59
  Speaker 7: on that, but I feel like if it works, it
• 17:02
  Speaker 7: would be the huge market.
• 17:03
  Speaker 1: A huge market. All right, Well, Zach, it's been good
• 17:06
  Speaker 1: having you in today. I'm curious about how this is
• 17:09
  Speaker 1: going to work out for you guys, but more importantly,
• 17:11
  Speaker 1: I think for the real estate industry, because I do
• 17:12
  Speaker 1: think crypto is going to be a factor in real
• 17:15
  Speaker 1: estate very soon. We're seeing a lot more real estate,
• 17:18
  Speaker 1: traditional real estate already starting to talk about this. So
• 17:21
  Speaker 1: thanks for coming in on the show today. We appreciate it.
• 17:23
  Speaker 1: Thank you so much for having me, sir, take bet all.
• 17:25
  Speaker 8: Right, If you like this video, like and subscribe, drop
• 17:35
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• 17:38
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• 17:39
  Speaker 1: The link is in the description.