{"podcast":{"title":"Kerry Lutz's--Financial Survival Network","slug":"kerry-lutz-s-financial-survival-network-1397813","podcast_index_feed_id":1397813,"rss_url":"https://api.substack.com/feed/podcast/1657905.rss","website_url":"https://khlfsn.substack.com/podcast","image_url":"https://substackcdn.com/feed/podcast/1657905/78e40fa7c32def3f20434875146bd6d0.jpg","author":"Kerry Lutz","episode_count":403,"summary":"Cutting through the noise with hard-hitting insights on finance, freedom, and the future. Hosted by Kerry Lutz, this Substack delivers unfiltered analysis on gold, markets, government overreach, and tech disruption — all to help you protect your wealth.","last_synced_at":"2026-06-06T00:20:22.631421+00:00","page_url":"https://stenobird.com/podcast/kerry-lutz-s-financial-survival-network-1397813"},"episode":{"title":"The Lock-In Economy - Jason Hartman","slug":"the-lock-in-economy-jason-hartman","published_at":"2026-02-13T13:02:00+00:00","page_url":"https://stenobird.com/podcast/kerry-lutz-s-financial-survival-network-1397813/the-lock-in-economy-jason-hartman","show_page_url":"https://stenobird.com/podcast/kerry-lutz-s-financial-survival-network-1397813","url":"https://khlfsn.substack.com/p/the-lock-in-economy-jason-hartman","audio_url":"https://api.substack.com/feed/podcast/187829330/346bd875ec9c147458ea1f53c4e34f57.mp3","summary":"Mortgage rates tripled. The crash never came. In this Episode Kerry Lutz and Jason Hartman break down why U.S. housing didn’t collapse when borrowing costs exploded. Nearly 25% of homeowners hold mortgages at or below 3%. About 65% are at 4% or less. That “lock-in effect” crushed supply and froze mobility. Fewer than 800,000 homes are listed nationwide — under 0.6% of America’s 140 million housing units. Owners won’t give up cheap debt. Inventory stays tight. Hartman believes this imbalance could persist into 2032–2033. Scarcity and utility continue driving prices — even after the rate shock. The conversation then shifts to immigration and rental housing. Hartman argues most undocumented migrants occupy lower-tier rentals, meaning enforcement shifts would likely hit C-class properties first. They also discuss Sun Belt migration trends and investor tools like PropertyTracker and Empowered Investor for sourcing income-producing properties. If you’ve been waiting for a housing crash, Kerry and Jason explain why it hasn’t happened — and what could finally change the equation. Find Jason here: https://www.jasonhartman.com Find Kerry here : https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book “The Armstrong Economic Code: The 5 Truths Investors Must Never Forget” is out now on Amazon! Get your copy here: https://a.co/d/bvYbZOz “ The World According to Martin Armstrong – Conversations with the Master Forecaster” is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5 This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit khlfsn.substack.com/subscribe","meta_description":"Mortgage rates tripled. The crash never came. In this Episode Kerry Lutz and Jason Hartman break down why U.S. housing didn’t collapse when borrowing cost…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1497,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/kerry-lutz-s-financial-survival-network-1397813/episodes/the-lock-in-economy-jason-hartman/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/kerry-lutz-s-financial-survival-network-1397813/the-lock-in-economy-jason-hartman.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}