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James P. Schimmer

James P. Schimmer

Founder & CEO of KFE Real Tech; SVP Real Estate Growth Officer at Equity Trust Company; real estate technology innovator with 13+ years in transactions and digital real estate solutions.

Jul 9, 2026

Have More Money Now with John Layfield

Have More Money Now with John Layfield

Episode 23: Car Market Crunch

Jul 9 · 1h 0m

Conrad Thompson
Conrad ThompsonHOST
36:55
And I wondered how much is that political and how much of that is real? Have you dug under the hood on this? What do you make of this?
James P. Schimmer
James P. SchimmerGUEST
37:03
So I saw the headline, and John, I don't know if you had a chance to see the headline, but the right picked up on this.
James P. Schimmer
James P. SchimmerGUEST
37:11
And the major influencers, this went, I would call it viral.
James P. Schimmer
James P. SchimmerGUEST
37:15
And I'm looking at it, and it's like, wait a second here.
James P. Schimmer
James P. SchimmerGUEST
37:17
So illegal immigration contributed to 30% increase in home prices and 20% increase in rental prices.
James P. Schimmer
James P. SchimmerGUEST
37:27
I'm looking at it like...
James P. Schimmer
James P. SchimmerGUEST
37:29
I'm not buying it.

8 MINS LATER

Conrad Thompson
Conrad ThompsonHOST
45:55
What did real estate look like over the last week, James?

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