Hope they're not luring older folks straight into the mouh of the corporate tiger. Maybe sell the house and convert the proceeds into a reputable retirement community?
The empire isn’t declining, just the people in it. A modern corporation will always strive to find ways to increase profits to its owners and shareholders. If jobs aren’t needed anymore those people will be out of a job. The US constitution says it guarantees freedom. It never said anything about guaranteeing a well paying job or a place to live.
@@r3negade47 The Constitution also says our money is to be Silver and Gold. Corporations have no compassion. They realized they can squeeze us to death for higher profits. They have killed the golden goose.
We sold our house in 2021 (we're renting now, waiting to buy). Prior to listing, we spent thousands to refresh the bathrooms, install new carpeting, and paint. We had multiple offers and secured a good price for the house BUT this emphasizes the need for homeowners to keep their properties updated so when it's time to sell, there's an easy transition. Homeownership is costly and not for the faint of heart.
@@10essee10titans the last time I looked, most homes have walls, carpeting, and bathrooms. All of which need to be maintained so when the time comes to sell, the seller can justify a fair and competitive listing price. Play stupid homeowner games, win "lost" equity in your stupid house.
You spent thousands to earn thousands more on the house sale. No doubt the new owners came in and ripped out what was brand new - SO SO SO SO much unnecessary WASTE of time money and materials that are getting harder & harder to source. 👏🏾
We spent nothing on our home in Venice, Fl before sale. Made a 150k profit tax free after only 2 years of ownership. Now living debt free in southern Missouri.
I’m so glad I found your channel. You’re a down-to-earth, regular guy that is attuned to what is really going on in America and what may be coming, not the BS we hear from this administration and MSM everyday. It’s obvious you spend your off camera time listening and doing research to bring facts.
Anyone who says "What is really going on" is only looking for news from Mar a Farto. "What is really going on" is a code word for Trump BS and bedtime fantasies.
In 1981 My wife and I bought a two story with a basement and 2 car garage for 80k. We lived there for 25 years and sold it for about 160K. We live in the Midwest and our next home was priced at 280k. We thought we moved in a nice neighborhood until we started noticing the angst and anger of a lot of home owners who where fighting to keep up with the the cost of living. We need to stop the madness of driving up the price of homes. The government has done little to make sure home prices stay steady keeping prices down. People need homes, investors have many other things they can throw their money at.
There's a reason why the government is doing very little to address the cost of living crisis: it's because our politicians and their super wealthy donors are heavily tied up in RE and they don't want to lose money. They don't want their properties to lose value. On a larger scale, most current homeowners don't want that to happen either. That's why they vote for politicians that support their NIMBYist mindset. Literally a case of the Haves pulling up the ladder behind them so the Have-nots can't access it.
The answer is CBDC. They will restrict the ways where money can be invested in. Additionally the currency will have expiration date which will force people to work till death
Trump crashed the economy because he was stealing junk and trinkets for display cases at his dumpy golf club instead of fighting the pandemic. He borrowed count less billions and handed it to his brainless supporters.
My wife and I own our home in East Texas. We are 73 and 72, respectively. I have the skills to do any upkeep and repairs on anything related to the house. It's nice living with no mortgage or rent. Our taxes are pretty much frozen at around $300 per year on property worth about $110,000 or so depending on the market swings, either up or down. It is an acre and we have chickens, a garden, and about two and a half years supply of food. It's nice that just rotating our canned, freeze-dried, and frozen food means we sometimes don't go to the store for more than a couple of times a week and that is usually for such things as milk and bread and such. Of course, we are continuing to prep as we consume, but it is much less worry than if we were dependent on having to go to the store every day. We both draw SS and my wife has retired teacher's income.
In regard to your affordability of housing analysis, the numbers are very accurate. My parents mortgage was 13% of their household income in 1960 with only Dad working. My first mortgage was around 20% of our household income in 1988 with both spouses working. My son and his wife just purchased in 2020 before the big run up in prices and their mortgage is over 30% of their combined income. If they were to buy the same house now, they would not qualify. I totally agree that the average first time home buyer is in trouble and real estate prices need to adjust and get back to reality.
I can honestly say I DID NOT VOTE FOR REAGAN. That is when our economic system got f'ed ten ways to Sunday. Everyone was happy living in their 4 bedroom house with two bathrooms until the 'old gimper' came along and started redistributing the wealth to his supporters. Things have been a mess since the mid 1980's.
Whenever you call anywhere now bank,credit union, retailer,etc they have a robot trying to solve your problem before they transfer you to a live person .
Robot implies a movement. A tape recording tree does not imply anything but a simple gate for yes and no answers. I think you better look up some common definitions before commenting about simple technology.
Fun fact, that Seaweed is actually, Sargassum weed and is a living sanctuary for fish, turtles, crabs, and other sea life. It travels thousands of miles and is extremely important to the health of the Ocean..
Doesn't change the fact that it is straight up yucky stuff. On my beach walk this evening, I found a Portuguese manowar tangled up in a clump of sargassum. It's a bad idea to walk on the stuff. You've been forewarned.
Michael correction: if you're new home owner and it's your primary residence, you'll file homestead exemption. First year you won't have it yet, but next year you DO have homestead.
I walked out of CVS last night because they had no one on register, instead they had an employee standing there by the 2 self check out things. I actually couldn't even put my items back on the shelf because they required an employee to come and unlock it. I was one of 5 people to walk out and just leave their items on the counter. So that automation isn't saving them money. Some one physically needs to go around and put back all of that stuff some of wich is perishable . Alot of Mcdonalds here in NYC don't have cashiers any more either, I saw a lady order through the kiosk and wanted to pay cash, so effectively you put your order on the kiosk and then it gives you a receipt and you need to bring it to a cashier to pay. She was telling the employees she needs a cashier to pay for her order and they were just telling her to order on the kiosk. I worked as a cashier at McDonalds in HS and I can punch in a whole order with a few taps on the screen, when I order on the kiosk I have to hit like 20 different things to just add one item. One decent cashier is equivalent to 3 self serve kiosks.
I haven't been to a McDonalds since I retired in 2014. I would stop buying at Walmart if there was an alternative place to shop in my area. I can drive an hour one way to avoid shopping from them, but that gets really expensive.
It’s all part of bringing down the standards and part of brain washing to make you feel hopeless so you won’t complain! Companies are in it together to make the consumer want less services!
Another great report. As I have said previously it’s hard to figure out how you can find, organize, and report to much data. You have some special gift to produce such a high quality product!!!!
Those people from NY or CA screwed big time since so many employers require return to office or you ll get fired. A guy from NY purchased a 2/2 apartment on my floor for $450K and he can’t rent it out because he is asking $4,500 a month. We are located in South Beach but no locals can afford it and my building doesn’t have gym/swimming pool. It has absolutely nothing.
I’m skeptical as the vacancy in San Francisco may be close to 40% and so many companies are saving money on an office space with better productivity The jobs that are not productive and add to the bottom line are the ones being slashed - not engineers in any meaningful numbers at this time
The beach videos are my favorite but it’s interesting to see the other locations as well. Never change the way you close your videos with that great smile! Thanks for all your work.
Listening from Sydney Australia, walking the Bodi-Coogee coastal walk, just went back to back on 4 of your videos. Love them, mate, keep it going, educational and great listening.
Sad, but nothing new. In fact I always wonder why they bother having 18 checkout lanes in the first place. During the Christmas shopping season maybe five lanes are open. Otherwise, maybe one or two. Wal Mart could free up all that floor space for some more merchandise from China. 😁
I subbed to the channel about a month or so ago and I watch with my wife from time to time and she just yelled “oh my god, he has eyeballs!” It’s the first time we’ve seen you without sunglasses. Love the content. Keep it up.
@@ronalddauro563 Think you're closer... tend to watch a lot of videos about the car market and the presenter actually noted the median income has dropped.
Rent goes up, there are hormonal Karens that are property managers that can kick you out, not make repairs, charge you for the repairs, etc., it's hard to move when you're young let alone when you're older. Great video! Happy Easter
just have to have some $$ stashed for a new roof, hvac , and other ongoing repairs....and of course when the local government pension plan tanks , they'll pass a bond to fund that so your property taxes go up
Old thinking. As the purchasing power of your savings, pensions and social security tank it will be impossible to pay taxes, do repairs and maintenance on the asset. As a homeowner your Federal State and local taxes will keep going up to pay for the people living in the streets, illegals pouring over the borders and social programs for people who choose to do drugs and have 5 kids. You are the government's plan to pay for the decay of the United States.
At retirement it may be necessary to sell your home and downsize. We did that 17 years ago , moved outside a small town. In terms of convenience, medical care, restaurants, etc. it is a hassle, but necessary . The biggest expense we have is a supplemental insurance policy to Medicare(which is not free). We cut costs, spending and planned for misc. breakdowns . You do what you have to do to retire!
Consider the criminal injustice of the Social Security/Medicare program. Lawful American Citizens spend their entire working lives.. 45+ years..paying into a system that requires us to spend even more money..after we retire.. just to survive. The reality is that many people... probably most people... do not have or were robbed of a pension fund. BUT!....Millions of parasites.. people who never contributed to the system... this includes welfare recipients and "undocumented aliens " receive money taken from us without our consent. We must demand... not request.. DEMAND that this be stopped. To paraphrase the Declaration of Independence: When a government becomes unresponsive to the needs and will of the people..(the lawful citizens).. it is the right of those people to abolish and replace that government. They... the government..is supposed to work for us , not the other way around . Remember: Those who will not use the brains and skills they have are no better off than those who have none. They are by their own choice subject to the will and control of those who would be their masters. Your life. Your choice.
I appreciate your discussion of alternatives ie; rent as retiree/ it’s something to consider - can you please keep an eye on that thread with your viewers and keeping us posted
Goo video, I'm a young boomer, bought my first house in the 80's pain 82K with 10% interest rate FHA 30yr my payment was $835!!!!! small starter home 1400sq ft, garage, super cute house.!!!! They just gave mortgages to people back then!!!!
I built my own house near a smaller urban area in the midwest during the housing crash. My taxes and insurance still are very inexpensive. Now retired I visit Florida and Arizona during winter months. Would never consider living in states near or in a large urban area where massive numbers of people have moved to in the last 15 years. Driving the cost of everything higher in those areas including crime. Can’t imagine the stress facing younger people in these times
Did you used to be a president? If so, l thought you were already dead No wonder your taxes/ insurance are very inexpensive Things were just about free in the 1940s
According to the US debt calendar, the median home price is $448,000. Who can afford that. It used to be around $225,000. Michael, I want to say thank you for your bright side of looking at things. I was stressing, but when you put stuff into perspective, I realize how fortunate I am to have invested in properties when I did and to look at what I'd be paying now. Like with your condo rental vs. purchase. Even though my HOA is high, I'm still paying much less than if I were to go out and rent right now. So, thanks. I'll sleep better not being so hard on myself! ❤
There is nothing bright in Fl right now. The state is about to be underwater and big "Bootsie" Rhonda De Stupid cant do a thing about it but beg DC for more money and the rest of us are really sick of "Bootsie's" antics. Florida sucks and they cant have anymore of our money until they get better leadership.
I think it was the twilight zone ,that saw this happening 60 years ago. Each job was eventually automated, then the jobs that kept the machines going got automated, then the owner gone no more jobs.
No employees at all at the newest McDonald's stores lol. Congratulations, McDonald's, on solving the wage issue. No chance of employees mishandling your food, either, when there are no employees, and "customers" can't attack the help. This is awesome, the trends are great.
I'll miss the people contact, but given that nobody wants to work in fast food for low wages, it's use robots and tech or close down fast food joints. Hopefully, this will keep prices down, consistency in product, and no mistakes on the orders, as well as keep the place spotless. Plus, it keeps angry employees from spitting in our food! It is always weird for me to walk into these new types of stores in the airport, and there's no person there to ask a question or even figure out how to pay. Don't think I'll ever get used to it.
Because so many states raised the minimum wage to $16+ an hour. Shocking who saw that happening, that companies would just find cheaper alternatives like robots (despite initial investment). You can’t just force companies to raise wages they’ll just circumvent and cut costs this isn’t fantasy land.
Michael, my wife and I went out to Bastrop Texas (community outside of Austin Texas - about 40 minutes) yesterday and the homes out in Bastrop are averaging $650K to $800k. You are right on as usual.
We have Prop.13 in californis similar to your homestead exemption in florida, but the prop.13 is no longer applied to many buyers....politicians changed it....only those who make $200,000 a year can buy a house? American dream are gone...sad...future for new generation is dim....robots, no jobs,homeless, poverty ...what's use of going to college ?
If I were growing up in today's society, I would skip college altogether and become a plumber, HVAC tech, electrician,... to eventually start a business. It would be hard for a robot to replace one of those occupations. Additionally, from what I'm hearing and seeing on a limited basis as of now, Chat GPT 4 is already displacing some higher paying jobs in tech sector. It's only a matter of time before most code and software generation will be automated. Accounting jobs and paralegals will be the next to feel AI's sting. Who know what else will be next! Things are rapidly changing!
Quite a lot of the grocery stores, pharmacies, and various other brick and mortar establishments in my area have pivoted to self-checkout for the majority of their customers. In the entire store there's usually 10-20 self-checkout lanes and 1-2 checkout lanes with an actual employee at the register.
Many in my family work at large Grocery chain warehouse. They can’t get people fit for the jobs only those with a pulse. Their either; druggies who are baked their entire shift, no interest in actual physical work, call out sick or just no shows, can’t learn even when trained, roll from employer to employer, make false disability claims to get benefits, on and on… After 35 yrs of working at this warehouse have never seen such a sorry bunch. Robots are needed and will replace these losers as well as the dedicated & willing. Hate to see it but understand why its necessary.
Dedicated and willing are getting screwed out of adequate wages and benefits. Did you know people make more money by job hopping? I found out the hard way.
What a “fulfillment center” does is keep merchandise away from consumers, and thereby, away from theft. By 2026 prices will be so high and people will have so little money, shoplifting will be rampant.
Avoid debt. Cut cost. I realized that the secret to wealth is saving for a better investment. I always tell myself you don’t need that new car or that vacation just yet and that mindset helps me make more money investing.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. My investment strategy with my FA Trisha Jean Webb gives me the best returns, Its been a year of steady growth.
Believe your home is a protected asset from creditors like a hospital. If you get sick and the bills are extreme amounts, they can't get your home. They can only get the money from the sale of your home at time of death. Selling your home then renting and having all that cash in a bank account, believe they (hospital) can seize those asset at anytime. Someone correct me if I'm incorrect.
I Listen to most of your videos. Keep them coming Florida real estate is nuts. Bought my house in 1992. Re-financed couple of time still owe money but my total mortgage all in is $1020. I feel very lucky. People today I don't know how they make it. I live near Seattle WA for reference.
Moving to different countries . I moved to Philippines 4 years ago... Men from US and Europe skyrocket . What the point to have home if you can't get good wife in US
Amazon does this now and has been for like 8 years. Instead of the picker walking to the shelves, little robots pick up the shelf and bring it to the picker.
Well the driverless ROBOT floor cleaning machine already hates me when I shop, it's always in the way and follows me.. I see it more than Walmart Employees. I hate that thing.💀
All else being equal if you have a paid off house and want to rent instead for say $2000 a month you would need an extra $600,000 in investments at 4% to generate that rental payment. How many people are going to clear$600k selling their home? That's the downside to the rental theory. Great content
Ive got a story for you about a seller changing the utilities right down to the lighting ! It wasn't even a similar style ! I even asked him when we were in negotiations that all the utilities come with and of course he said yes ! I was just lucky that he started doing the tricky stuff just after we agreed to buy so I got my down back
@Thomas Allen What I'm saying is that I entered into a contract to build a home with a construction company who was already building homes . He showed me all that he was putting into the home build , upgraded lighting ,flooring, ceiling fans , Exedra exedra ! Then a few days later after I gave him money he changed all that he was planning to put into the build with cheaper products and I caught it before the time constraints ended for me to back out and get my money back ! Weather or not it has anything to do with this video is Irrelevant I was just sharing a experience that people need to be on top of builders !
"We are the artificial intelligence. Lower your shields and surrender your minds. We will add your biological and technological distinctiveness to our own. Your culture will adapt to service us. resistance is futile" - GPT 10.0
Just wanted to say when we moved just over a year ago I took our oven and ceiling fans with us. The oven was a double convection one which I got the builder to upgrade when we purchased the house new. The ceiling fans were ones we bought to replace the ones the builder installed. We did though put back the fans the builder gave us and gave them the brand new oven from the house we purchased. All of this was written in the sellers disclosures!
The thing about automation is that is still needs a lot or resources to maintain and manage. I’m an automation engineer and I see this first hand. Machines break or don’t know what to do, bc they are experiencing something outside of their programming. What automation does do is improve productivity. Walmart may not have to lay anyone off but they likely they won’t hire anymore. Or they r forced to hire folks that know how to fix n maintain things. Not surprising to hear property taxes have gone up in the south. More infrastructure is expensive. Since they r already pretty low they have space to go up.
Agreed, however, if your home is paid off, you're not obligated to have home owner's insurance, one less thing to worry about. If you live somewhere in Florida, where you're exposed to hurricanes every year, yeah, I understand, but if you live somewhere like in TN, NC, WA, OR or GA, its almost not worth it to pay 5 to 6 thousands a year on home insurance, depending on the state/ price of the house. Might as well save those money or invest.
I just can't even comprehend the idea of selling our paid off house and putting approx 200K in our savings account. And turning around and renting a roughly 1,700 dollar apartment for the rest of my life. No thank you. I will continue paying my upkeep taxes and insurance. I think the only person that idea would make sense to is someone that thinks buying a timeshare is a good idea.
Wrong. However, keep thinking that way while your Federal, State and local taxes will continue to go up to pay for the Democrats policies of paying for people destroying our cities, living in public places and decriminalizing drug use.
Try and hold off getting a disease until 65 Medicare runs about 200 a month plus 100 for supplemental insurance plus 20 for Rx ($320 total for healthcare) If your disease won t wait, get poor fast and Medicaid will cover everything (including dental!)
@@jimcrawford3185 I have medicare part A but not B because my workplace has insurance and they told me not to sign up for it. I decided to get a lipoma removed from my neck (joys of getting old) and it still cost me $6000 out of pocket. I know the insurance paid a lot more but the cost of health care in this country is outrageous. Its 16-17% of our GDP. Europe and Japan its 10-12% and China 5%. I think the US health care costs could be the biggest national threat no one is talking about.
@@williamread8186 Sorry to hear that, WR I waited to have back surgery until l was 65 and cost to me was only my $200 Medicare deductible for the year (prolly a quarter of a million dollar procedure without it) Yes, healthcare is outrageous, but look at it this way: post WW l inflation in Germany was so bad that at one point 17 percent of the workforce was employed to just count the currency Fortunately we have a huge advantage here in Amerika: Pretendisent Jotato Xiden, feebe extraordinaire
Wow I wouldn't swim in that ocean with all that seaweed, I would be afraid I would get entangled and drown can't win and on the west coast we have red tide issues😮
If a seller replaces the appliances with junk ones just before closing they are probably trying to sabotage the deal because someone else offered a higher price.
I have decided to buy a nice rv camper and a little piece of property for appx 8 grand to park it on for cash. I live alone, just me and the Yorkie. My Yorkie, whom I affectionately call boss lady, doesn't care, and neither do I, because for 40k or less cash I will have almost no property taxes, no electric bill because I'm fitting it w off grid capabilities, no house/rent payment, no hoa or expensive home insurance. And I am footloose and fancy free. In my profession it's very easy to work anywhere in the country, and I plan on it. Move to where ever I am paid the most. Then invest all of that money in hard assets. In a year or two commercial real-estate is going to flood the market from foreclosures and I have an ideal to make great use of this situation.
Michael, I love your show but the answer as to why Walmart is getting into automation is plain to see: they're tired of eating major losses at their stores, especially in states that refuse to crack down on theft. It's destroying their profits and they can't count on local law enforcement so what else are they to do? It makes perfect sense that they would just have a separate fulfillment center with all the actual goods stored there and not on the shelves where people can just walk in and walk out with whatever they want. Yes yes, they'll also get rid of some employees as well, let's not kid ourselves, but the main motivating force here is to prevent theft seeing how many states aren't doing anything about it. Cheers!
I am a walmart spark delivery driver. I think these fulfillment areas are for online orders. Walmart has employees that shop the orders for us to deliver and I also shop these orders and deliver. It costs more to have me shop it and deliver than just deliver of course. I think they are trying to save money and manpower to automate this job. Then there will be no more shopping for these orders, just delivery. So I think its my job as a private contractor that is being cut. Walmart is also working to build a delivery system with their own vehicles/vans; then they will probably do away with my delivery driver job completely
I guess the article meant employees by a private company because the federal government employs about 4 million people. Love your videos. Thanks for all you do.
I bought my home 17 years ago on some land a pond woods 73 k. Today it appraised for 375k. There’s no job within a 3 hour job to support the price . Average pay here in Ohio where I’m located at is 40k. Most here can’t truthfully afford the price .
Automation been going on for a very long time! Go back just 100 years,how many of you could survive ! I dare you to give up just your phone, you won't!
I did a reverse mtg with a growing line of credit in 1/22. Home value was $365k and my current line of credit is $193k growing at 7.45%. Today if you are 62 they will only give you 32% of home value due to higher interest rates. Current mtg is 35k....so my line of credit is growing much faster than accrued interest (which has no prepayment penalty and I have brought down from 45k).
Thank you for another great video Michael! Now I know more about Miami real state and beaches than when I used to live in Miami! 😺 I’m planning to move back and now just waiting for the crazy market to cool down! As far as all these industries going automated I wish someone will answer my question which is ; who will you sell your products to if you fire all the workers!🤔 As far as paid off home if you can rent part of the home it would help with expenses. 😼
Property Taxes, Insurance, HOA Fees All SKYROCKETING! ruclips.net/video/tyUETEVZJQE/видео.html
Gorgeous sunset! Happy Easter everyone 💟🐣🐤🐇
FYI I was unsubscribed, and I've been subscribed since I found you.
Hope they're not luring older folks straight into the mouh of the corporate tiger. Maybe sell the house and convert the proceeds into a reputable retirement community?
It is sad, frightening, debilitating to live in a declining empire.
It is sad to see the decline of the U.S..
Agreed
The empire isn’t declining, just the people in it. A modern corporation will always strive to find ways to increase profits to its owners and shareholders. If jobs aren’t needed anymore those people will be out of a job. The US constitution says it guarantees freedom. It never said anything about guaranteeing a well paying job or a place to live.
@@r3negade47 well don't really disagree with that, but would only point out that a nation is only as good as the people it is composed of
@@r3negade47 The Constitution also says our money is to be Silver and Gold. Corporations have no compassion. They realized they can squeeze us to death for higher profits. They have killed the golden goose.
We sold our house in 2021 (we're renting now, waiting to buy). Prior to listing, we spent thousands to refresh the bathrooms, install new carpeting, and paint. We had multiple offers and secured a good price for the house BUT this emphasizes the need for homeowners to keep their properties updated so when it's time to sell, there's an easy transition. Homeownership is costly and not for the faint of heart.
a lot of people buy too much house to show off and it always ends up costing a lot more to maintain. play stupid games win stupid prizes!
@@10essee10titans the last time I looked, most homes have walls, carpeting, and bathrooms. All of which need to be maintained so when the time comes to sell, the seller can justify a fair and competitive listing price. Play stupid homeowner games, win "lost" equity in your stupid house.
@@10essee10titans love. So right.
You spent thousands to earn thousands more on the house sale. No doubt the new owners came in and ripped out what was brand new - SO SO SO SO much unnecessary WASTE of time money and materials that are getting harder & harder to source. 👏🏾
We spent nothing on our home in Venice, Fl before sale.
Made a 150k profit tax free after only 2 years of ownership. Now living debt free in southern Missouri.
I’m so glad I found your channel. You’re a down-to-earth, regular guy that is attuned to what is really going on in America and what may be coming, not the BS we hear from this administration and MSM everyday. It’s obvious you spend your off camera time listening and doing research to bring facts.
I like him too, I occasionally watch others, but many are just over the top with screaming, joking, it just frankly gets on my nerves
Anyone who says "What is really going on" is only looking for news from Mar a Farto. "What is really going on" is a code word for Trump BS and bedtime fantasies.
@@thomasallen6980 you must provide sleepy Joe with his ice-cream
In 1981 My wife and I bought a two story with a basement and 2 car garage for 80k. We lived there for 25 years and sold it for about 160K. We live in the Midwest and our next home was priced at 280k. We thought we moved in a nice neighborhood until we started noticing the angst and anger of a lot of home owners who where fighting to keep up with the the cost of living. We need to stop the madness of driving up the price of homes. The government has done little to make sure home prices stay steady keeping prices down. People need homes, investors have many other things they can throw their money at.
There's a reason why the government is doing very little to address the cost of living crisis: it's because our politicians and their super wealthy donors are heavily tied up in RE and they don't want to lose money. They don't want their properties to lose value. On a larger scale, most current homeowners don't want that to happen either. That's why they vote for politicians that support their NIMBYist mindset. Literally a case of the Haves pulling up the ladder behind them so the Have-nots can't access it.
Great time to invest in the north west side of Milwaukee. Tons of houses for under $60,000
The answer is CBDC. They will restrict the ways where money can be invested in. Additionally the currency will have expiration date which will force people to work till death
Home ownership is privilege. It is motivation for going after job and educating oneself. It will be best when 90% renters and best 10% owners.
Trump crashed the economy because he was stealing junk and trinkets for display cases at his dumpy golf club instead of fighting the pandemic. He borrowed count less billions and handed it to his brainless supporters.
My wife and I own our home in East Texas. We are 73 and 72, respectively. I have the skills to do any upkeep and repairs on anything related to the house. It's nice living with no mortgage or rent. Our taxes are pretty much frozen at around $300 per year on property worth about $110,000 or so depending on the market swings, either up or down. It is an acre and we have chickens, a garden, and about two and a half years supply of food. It's nice that just rotating our canned, freeze-dried, and frozen food means we sometimes don't go to the store for more than a couple of times a week and that is usually for such things as milk and bread and such. Of course, we are continuing to prep as we consume, but it is much less worry than if we were dependent on having to go to the store every day. We both draw SS and my wife has retired teacher's income.
I'm envious... you guys are certainly living life the right way!
I admire you
Living the good life 👍
thats a peacefull life.
No thanks.
In regard to your affordability of housing analysis, the numbers are very accurate. My parents mortgage was 13% of their household income in 1960 with only Dad working. My first mortgage was around 20% of our household income in 1988 with both spouses working. My son and his wife just purchased in 2020 before the big run up in prices and their mortgage is over 30% of their combined income. If they were to buy the same house now, they would not qualify. I totally agree that the average first time home buyer is in trouble and real estate prices need to adjust and get back to reality.
New house I got in 12/2019 is more than double what I paid.
I can honestly say I DID NOT VOTE FOR REAGAN. That is when our economic system got f'ed ten ways to Sunday. Everyone was happy living in their 4 bedroom house with two bathrooms until the 'old gimper' came along and started redistributing the wealth to his supporters. Things have been a mess since the mid 1980's.
Whenever you call anywhere now bank,credit union, retailer,etc they have a robot trying to solve your problem before they transfer you to a live person .
I know I hate that.
Labor ain't cheap. Sign at car wash - $13-18/hr starting pay.
Robot implies a movement. A tape recording tree does not imply anything but a simple gate for yes and no answers. I think you better look up some common definitions before commenting about simple technology.
Glad the cutaways remain....disgusted by appliance replacement ...pure greed...please keep up the excellent reporting .
Fun fact, that Seaweed is actually, Sargassum weed and is a living sanctuary for fish, turtles, crabs, and other sea life. It travels thousands of miles and is extremely important to the health of the Ocean..
That is a fun fact!
That's very cool! Thanks for sharing.
It’s a Bright orange color when it’s alive and floating. Turns brown and dies when it washes up on the beach.
All I can tell yah, it’s GREAT for your garden and plants! I’ve collected it. Been waiting for a haul to come ashore.
Doesn't change the fact that it is straight up yucky stuff. On my beach walk this evening, I found a Portuguese manowar tangled up in a clump of sargassum. It's a bad idea to walk on the stuff. You've been forewarned.
Michael..ty for what you do. Don't change anything..👍❤..you are awesome 👍
"I take your vote then go against what people truly want", great quote Mike! I agree 100%!!
Right on 👍🏼 unlike brandon
tuck frump
I wish he'd expand on this. Did he mean the presidential election? If so that's a shame, I thought Michael was above conspiracy theories.
I thought the relaxing Vista option won the poll?
as he said the words I read them here
Michael correction: if you're new home owner and it's your primary residence, you'll file homestead exemption. First year you won't have it yet, but next year you DO have homestead.
I walked out of CVS last night because they had no one on register, instead they had an employee standing there by the 2 self check out things. I actually couldn't even put my items back on the shelf because they required an employee to come and unlock it. I was one of 5 people to walk out and just leave their items on the counter. So that automation isn't saving them money. Some one physically needs to go around and put back all of that stuff some of wich is perishable . Alot of Mcdonalds here in NYC don't have cashiers any more either, I saw a lady order through the kiosk and wanted to pay cash, so effectively you put your order on the kiosk and then it gives you a receipt and you need to bring it to a cashier to pay. She was telling the employees she needs a cashier to pay for her order and they were just telling her to order on the kiosk. I worked as a cashier at McDonalds in HS and I can punch in a whole order with a few taps on the screen, when I order on the kiosk I have to hit like 20 different things to just add one item. One decent cashier is equivalent to 3 self serve kiosks.
but the savings.
McDonalds opened a completely automated store in Texas!
I haven't been to a McDonalds since I retired in 2014. I would stop buying at Walmart if there was an alternative place to shop in my area. I can drive an hour one way to avoid shopping from them, but that gets really expensive.
It’s all part of bringing down the standards and part of brain washing to make you feel hopeless so you won’t complain! Companies are in it together to make the consumer want less services!
I went to Walmart here in Phoenix, and only the self checking was open.
Another great report. As I have said previously it’s hard to figure out how you can find, organize, and report to much data. You have some special gift to produce such a high quality product!!!!
Those people from NY or CA screwed big time since so many employers require return to office or you ll get fired. A guy from NY purchased a 2/2 apartment on my floor for $450K and he can’t rent it out because he is asking $4,500 a month. We are located in South Beach but no locals can afford it and my building doesn’t have gym/swimming pool. It has absolutely nothing.
It's a real learning experience for some of the investors who thought the prices would just keep going up.
How much Money Laundering is going on in FL.
I’m skeptical as the vacancy in San Francisco may be close to 40% and so many companies are saving money on an office space with better productivity
The jobs that are not productive and add to the bottom line are the ones being slashed - not engineers in any meaningful numbers at this time
@@ipenguin3918 60% cash sales in Miami with prices up
Year over year
Most of it is money laundering
@@ipenguin3918 I’ve came to this conclusion as well.
The beach videos are my favorite but it’s interesting to see the other locations as well. Never change the way you close your videos with that great smile! Thanks for all your work.
Listening from Sydney Australia, walking the Bodi-Coogee coastal walk, just went back to back on 4 of your videos. Love them, mate, keep it going, educational and great listening.
This morning, I was at my local Wal-Mart and noticed all payment was through automatic payment stations, and there was not even a single cashier.
Been going on for a while
Sad, but nothing new. In fact I always wonder why they bother having 18 checkout lanes in the first place. During the Christmas shopping season maybe five lanes are open. Otherwise, maybe one or two. Wal Mart could free up all that floor space for some more merchandise from China. 😁
I subbed to the channel about a month or so ago and I watch with my wife from time to time and she just yelled “oh my god, he has eyeballs!” It’s the first time we’ve seen you without sunglasses. Love the content. Keep it up.
He said the median U.S. income is $70K. I would thing that at least 85% of those people make well below $70K.
Macmen007
I believe it to be$ 50-55,000.
@@ronalddauro563 Think you're closer... tend to watch a lot of videos about the car market and the presenter actually noted the median income has dropped.
@@ronalddauro563 I think its 52k to be more precise.
Love the cutaways! A few seconds of beauty and calm. Who wouldn’t like that?!
Rent goes up, there are hormonal Karens that are property managers that can kick you out, not make repairs, charge you for the repairs, etc., it's hard to move when you're young let alone when you're older. Great video! Happy Easter
A paid off home is the secret to retirement.
I hope you are right.
It takes so much more than that.
just have to have some $$ stashed for a new roof, hvac , and other ongoing repairs....and of course when the local government pension plan tanks , they'll pass a bond to fund that so your property taxes go up
@@markbajek2541 Me and my buddy and my Doc have had GREAT LUCK with home ins.🤑😍😍
Old thinking. As the purchasing power of your savings, pensions and social security tank it will be impossible to pay taxes, do repairs and maintenance on the asset. As a homeowner your Federal State and local taxes will keep going up to pay for the people living in the streets, illegals pouring over the borders and social programs for people who choose to do drugs and have 5 kids. You are the government's plan to pay for the decay of the United States.
At retirement it may be necessary to sell your home and downsize. We did that 17 years ago , moved outside a small town. In terms of convenience, medical care, restaurants, etc. it is a hassle, but necessary . The biggest expense we have is a supplemental insurance policy to Medicare(which is not free). We cut costs, spending and planned for misc. breakdowns .
You do what you have to do to retire!
Consider the criminal injustice of the Social Security/Medicare program. Lawful American Citizens spend their entire working lives.. 45+ years..paying into a system that requires us to spend even more money..after we retire.. just to survive. The reality is that many people... probably most people... do not have or were robbed of a pension fund. BUT!....Millions of parasites.. people who never contributed to the system... this includes welfare recipients and "undocumented aliens " receive money taken from us without our consent.
We must demand... not request.. DEMAND that this be stopped.
To paraphrase the Declaration of Independence:
When a government becomes unresponsive to the needs and will of the people..(the lawful citizens).. it is the right of those people to abolish and replace that government.
They... the government..is supposed to work for us , not the other way around .
Remember:
Those who will not use the brains and skills they have are no better off than those who have none. They are by their own choice subject to the will and control of those who would be their masters.
Your life. Your choice.
Thank you very much Michael for the all the information and all the videos. We appreciate you.
I appreciate your discussion of alternatives ie; rent as retiree/ it’s something to consider - can you please keep an eye on that thread with your viewers and keeping us posted
If I owned a store I would automate the hell out of it. Dealing with staff and ppl is a pain in the arse
and all that sweet money rolling in.
Those pesky customers.
If no one has a job , how they gonna buy your s.**t?
You sound like a ray of sunshine.
Most of the jobs in America are provided by small business owners
I love the scenery’s in the middle of the videos please keep them going…it’s very calming
"dumbfounded by the property tax" I wonder if it occurred to these buyers to check the property tax before buying?
Goo video, I'm a young boomer, bought my first house in the 80's pain 82K with 10% interest rate FHA 30yr my payment was $835!!!!! small starter home 1400sq ft, garage, super cute house.!!!! They just gave mortgages to people back then!!!!
Thanks for the Sunsets. Sending love Michael.
I built my own house near a smaller urban area in the midwest during the housing crash. My taxes and insurance still are very inexpensive. Now retired I visit Florida and Arizona during winter months. Would never consider living in states near or in a large urban area where massive numbers of people have moved to in the last 15 years. Driving the cost of everything higher in those areas including crime. Can’t imagine the stress facing younger people in these times
Did you used to be a president?
If so, l thought you were already dead
No wonder your taxes/ insurance are very inexpensive
Things were just about free in the 1940s
@@jimcrawford3185 The "D" is for Dead.
@@thomasallen6980
I ve always admired dead presidents on Federal Reserve Notes
Somewhat prophetic, wouldn t you agree?
According to the US debt calendar, the median home price is $448,000. Who can afford that. It used to be around $225,000. Michael, I want to say thank you for your bright side of looking at things. I was stressing, but when you put stuff into perspective, I realize how fortunate I am to have invested in properties when I did and to look at what I'd be paying now. Like with your condo rental vs. purchase. Even though my HOA is high, I'm still paying much less than if I were to go out and rent right now. So, thanks. I'll sleep better not being so hard on myself! ❤
There is nothing bright in Fl right now. The state is about to be underwater and big "Bootsie" Rhonda De Stupid cant do a thing about it but beg DC for more money and the rest of us are really sick of "Bootsie's" antics. Florida sucks and they cant have anymore of our money until they get better leadership.
I think it was the twilight zone ,that saw this happening 60 years ago. Each job was eventually automated, then the jobs that kept the machines going got automated, then the owner gone no more jobs.
Having a home with no mortgage is way better than renting. You can always move in a "paying" guest to stay for a while.
Mine will be paid off in 2 years
I don't care how well you screen your place will get trashed. Times have changed.
@@ipenguin3918 it depends who you rent it out to , middle eastern people don’t trash it , some white and Mexicans will and almost all blacks will
@@briom1425 Good luck trying to discriminate.
@@ipenguin3918 believe what you will I know this by my own experience and many others .
No employees at all at the newest McDonald's stores lol. Congratulations, McDonald's, on solving the wage issue. No chance of employees mishandling your food, either, when there are no employees, and "customers" can't attack the help. This is awesome, the trends are great.
The one i know got punched at 2am when they were open 24/7..
sounds wonderful
I'll miss the people contact, but given that nobody wants to work in fast food for low wages, it's use robots and tech or close down fast food joints. Hopefully, this will keep prices down, consistency in product, and no mistakes on the orders, as well as keep the place spotless. Plus, it keeps angry employees from spitting in our food! It is always weird for me to walk into these new types of stores in the airport, and there's no person there to ask a question or even figure out how to pay. Don't think I'll ever get used to it.
Agreed
Because so many states raised the minimum wage to $16+ an hour. Shocking who saw that happening, that companies would just find cheaper alternatives like robots (despite initial investment). You can’t just force companies to raise wages they’ll just circumvent and cut costs this isn’t fantasy land.
Michael, my wife and I went out to Bastrop Texas (community outside of Austin Texas - about 40 minutes) yesterday and the homes out in Bastrop are averaging $650K to $800k. You are right on as usual.
I would NEVER give up my house. And I would never live in an HOA.
Thank you for all that you do! I learn so much from you! It’s definitely rough out here for us Millennials. Thoughts and prayers for us all ❤❤🙏🏾🙏🏾
The property value around me is surging. I am going to try hang on to what I have.
We love you as well Michael!
Thanks for the beautiful sunset walk!
We have Prop.13 in californis similar to your homestead exemption in florida, but the prop.13 is no longer applied to many buyers....politicians changed it....only those who make $200,000 a year can buy a house? American dream are gone...sad...future for new generation is dim....robots, no jobs,homeless, poverty ...what's use of going to college ?
If I were growing up in today's society, I would skip college altogether and become a plumber, HVAC tech, electrician,... to eventually start a business. It would be hard for a robot to replace one of those occupations. Additionally, from what I'm hearing and seeing on a limited basis as of now, Chat GPT 4 is already displacing some higher paying jobs in tech sector. It's only a matter of time before most code and software generation will be automated. Accounting jobs and paralegals will be the next to feel AI's sting. Who know what else will be next! Things are rapidly changing!
Thanks Michael !
Great video us usual 😊👍
Quite a lot of the grocery stores, pharmacies, and various other brick and mortar establishments in my area have pivoted to self-checkout for the majority of their customers. In the entire store there's usually 10-20 self-checkout lanes and 1-2 checkout lanes with an actual employee at the register.
I guess we can thank CNBC for everyone's use of the word "pivot" these days. LOL
the cutaways are great! makes for good pacing for the video and nice to look at
Many in my family work at large Grocery chain warehouse. They can’t get people fit for the jobs only those with a pulse. Their either; druggies who are baked their entire shift, no interest in actual physical work, call out sick or just no shows, can’t learn even when trained, roll from employer to employer, make false disability claims to get benefits, on and on… After 35 yrs of working at this warehouse have never seen such a sorry bunch. Robots are needed and will replace these losers as well as the dedicated & willing. Hate to see it but understand why its necessary.
Dedicated and willing are getting screwed out of adequate wages and benefits. Did you know people make more money by job hopping? I found out the hard way.
I missed the vote, but I LOVE the cutaways! You always take us to beautiful areas with you! This automated stuff is scary!
I live in the desert, so looking at the water in your videos is always nice.
Love your cut-aways. You give great advice. I live in Florida myself so I know your information is accurate.
So do I. And agree, he is. 👍
That is pretty ,but I drove into south beach 1 time, and it took me an hour to get back out traffic was horrible
We love u2, Michael. Happy Easter!
Love your videos! Very informative and great scenery too 👍
What a “fulfillment center” does is keep merchandise away from consumers, and thereby, away from theft. By 2026 prices will be so high and people will have so little money, shoplifting will be rampant.
Avoid debt. Cut cost. I realized that the secret to wealth is saving for a better investment. I always tell myself you don’t need that new car or that vacation just yet and that mindset helps me make more money investing.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. My investment strategy with my FA Trisha Jean Webb gives me the best returns, Its been a year of steady growth.
Pretty impressive, I have been on the wrong side for far too long and I'm willing to make consultations to improve my situation. Can she help me?
I did a quick search and found her web page. Surprisingly the FA seems very proficient, I wrote her and I'm waiting on her reply.
Believe your home is a protected asset from creditors like a hospital. If you get sick and the bills are extreme amounts, they can't get your home. They can only get the money from the sale of your home at time of death. Selling your home then renting and having all that cash in a bank account, believe they (hospital) can seize those asset at anytime. Someone correct me if I'm incorrect.
I Listen to most of your videos. Keep them coming Florida real estate is nuts. Bought my house in 1992. Re-financed couple of time still owe money but my total mortgage all in is $1020. I feel very lucky. People today I don't know how they make it. I live near Seattle WA for reference.
Moving to different countries . I moved to Philippines 4 years ago... Men from US and Europe skyrocket . What the point to have home if you can't get good wife in US
@@Bekssss Bring them back to the US and then see what happens...
@@kq2799 that's why I move there )))
Amazon does this now and has been for like 8 years. Instead of the picker walking to the shelves, little robots pick up the shelf and bring it to the picker.
Well the driverless ROBOT floor cleaning machine already hates me when I shop, it's always in the way and follows me.. I see it more than Walmart Employees. I hate that thing.💀
All else being equal if you have a paid off house and want to rent instead for say $2000 a month you would need an extra $600,000 in investments at 4% to generate that rental payment. How many people are going to clear$600k selling their home? That's the downside to the rental theory.
Great content
Ive got a story for you about a seller changing the utilities right down to the lighting ! It wasn't even a similar style ! I even asked him when we were in negotiations that all the utilities come with and of course he said yes ! I was just lucky that he started doing the tricky stuff just after we agreed to buy so I got my down back
Anyone else have any idea what R Dog is talking about? I dont.
@Thomas Allen
What I'm saying is that I entered into a contract to build a home with a construction company who was already building homes . He showed me all that he was putting into the home build , upgraded lighting ,flooring, ceiling fans , Exedra exedra ! Then a few days later after I gave him money he changed all that he was planning to put into the build with cheaper products and I caught it before the time constraints ended for me to back out and get my money back ! Weather or not it has anything to do with this video is Irrelevant I was just sharing a experience that people need to be on top of builders !
The photo-cutaways are wonderfully shot; thank you!
"We are the artificial intelligence. Lower your shields and surrender your minds. We will add your biological and technological distinctiveness to our own. Your culture will adapt to service us. resistance is futile" - GPT 10.0
Sounds like The Borg😬
check robotic law of asimov....
Enjoyed beach walk video Michael. Low inventory houses selling top dollar central Indiana.
Just wanted to say when we moved just over a year ago I took our oven and ceiling fans with us. The oven was a double convection one which I got the builder to upgrade when we purchased the house new. The ceiling fans were ones we bought to replace the ones the builder installed. We did though put back the fans the builder gave us and gave them the brand new oven from the house we purchased. All of this was written in the sellers disclosures!
The thing about automation is that is still needs a lot or resources to maintain and manage. I’m an automation engineer and I see this first hand. Machines break or don’t know what to do, bc they are experiencing something outside of their programming.
What automation does do is improve productivity. Walmart may not have to lay anyone off but they likely they won’t hire anymore. Or they r forced to hire folks that know how to fix n maintain things.
Not surprising to hear property taxes have gone up in the south. More infrastructure is expensive. Since they r already pretty low they have space to go up.
Agreed, however, if your home is paid off, you're not obligated to have home owner's insurance, one less thing to worry about. If you live somewhere in Florida, where you're exposed to hurricanes every year, yeah, I understand, but if you live somewhere like in TN, NC, WA, OR or GA, its almost not worth it to pay 5 to 6 thousands a year on home insurance, depending on the state/ price of the house. Might as well save those money or invest.
We love you too, Michael.
I just can't even comprehend the idea of selling our paid off house and putting approx 200K in our savings account. And turning around and renting a roughly 1,700 dollar apartment for the rest of my life. No thank you. I will continue paying my upkeep taxes and insurance. I think the only person that idea would make sense to is someone that thinks buying a timeshare is a good idea.
Wrong. However, keep thinking that way while your Federal, State and local taxes will continue to go up to pay for the Democrats policies of paying for people destroying our cities, living in public places and decriminalizing drug use.
Timeshares are never a good idea.
Go to school to become a robot and you'll have a job. Glad I am retired.
We love you too Michael ❗️❤️
CutAways ...keepem!!! Great editing!
Beautiful beach; love the sound of the waves. 💕
Love the beach walks! Thank you!
Great content as always! You make a very good point about renting verses paying off a home before retirement. Definitely weigh the pros and cons!
What I want is paid off medical bills. That’s my big fear. This can go from zero to a million in a heart beat.
Try and hold off getting a disease until 65
Medicare runs about 200 a month plus 100 for supplemental insurance plus 20 for Rx
($320 total for healthcare)
If your disease won t wait, get poor fast and Medicaid will cover everything (including dental!)
@@jimcrawford3185 I have medicare part A but not B because my workplace has insurance and they told me not to sign up for it. I decided to get a lipoma removed from my neck (joys of getting old) and it still cost me $6000 out of pocket. I know the insurance paid a lot more but the cost of health care in this country is outrageous. Its 16-17% of our GDP. Europe and Japan its 10-12% and China 5%. I think the US health care costs could be the biggest national threat no one is talking about.
@@williamread8186
Sorry to hear that, WR
I waited to have back surgery until l was 65 and cost to me was only my $200 Medicare deductible for the year (prolly a quarter of a million dollar procedure without it)
Yes, healthcare is outrageous, but look at it this way: post WW l inflation in Germany was so bad that at one point 17 percent of the workforce was employed to just count the currency
Fortunately we have a huge advantage here in Amerika:
Pretendisent Jotato Xiden,
feebe extraordinaire
dont do a final wakthru till they are moved out and never close till the seller is out of the house
Wow I wouldn't swim in that ocean with all that seaweed, I would be afraid I would get entangled and drown can't win and on the west coast we have red tide issues😮
If a seller replaces the appliances with junk ones just before closing they are probably trying to sabotage the deal because someone else offered a higher price.
Oh wow...... never seen you without sunglasses. Nice beach...great video and info... thanks for sharing.
I have decided to buy a nice rv camper and a little piece of property for appx 8 grand to park it on for cash. I live alone, just me and the Yorkie. My Yorkie, whom I affectionately call boss lady, doesn't care, and neither do I, because for 40k or less cash I will have almost no property taxes, no electric bill because I'm fitting it w off grid capabilities, no house/rent payment, no hoa or expensive home insurance. And I am footloose and fancy free. In my profession it's very easy to work anywhere in the country, and I plan on it. Move to where ever I am paid the most. Then invest all of that money in hard assets. In a year or two commercial real-estate is going to flood the market from foreclosures and I have an ideal to make great use of this situation.
McDonald’s has opened some no-employee restaurants in several cities!
Michael, thank you for the beautiful beach walk and keeping the cut away scenes. Happy Easter!!!
Michael, I love your show but the answer as to why Walmart is getting into automation is plain to see: they're tired of eating major losses at their stores, especially in states that refuse to crack down on theft. It's destroying their profits and they can't count on local law enforcement so what else are they to do? It makes perfect sense that they would just have a separate fulfillment center with all the actual goods stored there and not on the shelves where people can just walk in and walk out with whatever they want. Yes yes, they'll also get rid of some employees as well, let's not kid ourselves, but the main motivating force here is to prevent theft seeing how many states aren't doing anything about it. Cheers!
I am a walmart spark delivery driver. I think these fulfillment areas are for online orders. Walmart has employees that shop the orders for us to deliver and I also shop these orders and deliver. It costs more to have me shop it and deliver than just deliver of course. I think they are trying to save money and manpower to automate this job. Then there will be no more shopping for these orders, just delivery. So I think its my job as a private contractor that is being cut. Walmart is also working to build a delivery system with their own vehicles/vans; then they will probably do away with my delivery driver job completely
I guess the article meant employees by a private company because the federal government employs about 4 million people. Love your videos. Thanks for all you do.
Beautiful beach. I WISH I WAS THERE.
I bought my home 17 years ago on some land a pond woods 73 k. Today it appraised for 375k. There’s no job within a 3 hour job to support the price . Average pay here in Ohio where I’m located at is 40k. Most here can’t truthfully afford the price .
Automation been going on for a very long time! Go back just 100 years,how many of you could survive ! I dare you to give up just your phone, you won't!
If they order us back to the office, I'm going to quit!! 🖕😠
Walmart pulled out of Portland.
I read today HUD has approved an FHA 40 year mortgage to begin next month in May. Noo thanks.
I did a reverse mtg with a growing line of credit in 1/22. Home value was $365k and my current line of credit is $193k growing at 7.45%. Today if you are 62 they will only give you 32% of home value due to higher interest rates. Current mtg is 35k....so my line of credit is growing much faster than accrued interest (which has no prepayment penalty and I have brought down from 45k).
surprised that Amazon isn't the biggest employer vs walmart.
My ex bought home 110k and make 55k 25 years ago. He had tough time then paying. Most houses in Texas 600k- millions...very troubling
Well you keep fighting for $15..$17.. liveable wages, now the robots got it.
Really enjoy the videos, thank you from 🇦🇺😎👍
Thank you Michael 😀Happy Easter 🐣
Thank you for another great video Michael! Now I know more about Miami real state and beaches than when I used to live in Miami! 😺
I’m planning to move back and now just waiting for the crazy market to cool down! As far as all these industries going automated I wish someone will answer my question which is ; who will you sell your products to if you fire all the workers!🤔
As far as paid off home if you can rent part of the home it would help with expenses. 😼
I'm hearing that a government issued Universal Basic Income would be issued at that point.
@@jkmarshall3553 true I heard that too!! Which is only a 1000$ a month forcing us to go on welfare! Imagine what that could do to civilization!! 😼
The turn over at Walmart is crazy.
They consider it an anchor job. Keeps wages low in the surrounding area.