Tom Talks Fort Worth

Can Mcdonald's Predict Inflation?

October 06, 2023 Tom Jung Episode 102
Tom Talks Fort Worth
Can Mcdonald's Predict Inflation?
Show Notes

Tom Talks Episode 102:

We kick off this week's podcast on the topic of Lime scooters. Lime scooters made a bold return to the DFW area, particularly in Plano, with the release of a fleet of 40 E-scooters. Despite past challenges in 2019, including the impact of COVID-19 and regulatory issues, Lime is aiming to deploy 250 scooters in Plano alone. The company faced problems like scooters being misused and thrown into undesirable locations. To test the waters, Lime is running a pilot program in Arlington, focusing on the UTA campus. The hope is that these changes will mark a successful comeback for Lime in the region.

Next up we start a discussion about illegal immigrants, particularly those from Venezuela, highlighting the challenges and complexities of their situation. Contrary to common assumptions, many end up in major cities like New York and, surprisingly, Houston in Texas. The tracking of illegal immigrant populations in cities is a complex task, involving estimates based on factors like income and money flow. The story prompts consideration of the unexpected destinations and circumstances these individuals face as they navigate a new life in the United States.

In a unique approach to lawn maintenance, we explore the concept of "goatscaping," where goats are employed to naturally trim overgrown yards instead of using traditional lawn equipment. We ponder whether this practice qualifies as vegan, as the animals are not only utilized but also contribute to a more humane and eco-friendly alternative. There is a significant upcoming project where over 60 goats from Goatscaping LLC partnered with the city of Fort Worth to clear out a 2-acre area in Anderson Park.

Next, we discuss the concept of using Big Mac prices as a more accurate indicator of real inflation than official government figures. By examining the cost of a Big Mac, which involves various industries and market conditions, the hosts argue that it provides a more comprehensive view of the economy. Drawing comparisons between official inflation numbers and the increase in Big Mac prices since the pandemic, they express concerns about a potential recession, emphasizing the importance of monitoring economic indicators for industries like real estate.

Denton initially banned short-term rentals, but after legal challenges, they allowed them with registration, inspection, and taxes. However, the compliance rate was low, prompting Denton to consider hiring a team to find unregistered Airbnb properties. Even those in compliant mixed-use areas may now face additional regulations, reflecting a struggle between the need for oversight and the challenges of implementation in the short-term rental market.

To stay in the loop for upcoming episodes of Tom Talks and our weekly videos covering all things real estate in the DFW areas, be sure to subscribe to our channel!

Time Codes:
00:00 Intro
01:32 You put the lime in the Metroplex and shake it all up
07:16 Where do all the illegals go? 
15:08 Lawn Care goats 
19:00 Big Macs never lie 
26:09 Dog the Airbnb hunter

Follow us on social media!
Tiktok
Instagram
Facebook
YouTube

Contact Us!
If you are thinking about buying or selling a house, we would love to help you!
If you have any questions about real estate, investing, or the Dallas-Fort Worth area, don't hesitate to reach out!
tomstexasrealty.com