IMF WARNS THE FED! Rate Hikes MUST CONTINUE

[@MichaelBordenaro]

Everything Is Completely UPSIDE DOWN and WILL COLLAPSE kzbin.info/www/bejne/rJLZfJ5jbMiAqLM

[@rifleman42051]

Show us the real estate prices once the Economy ticks downwards! This will give us some insight of how everything is over valued due to a ton of money being printed. The housing market should correction between 30-40% some people are calling for a 90% correction...

[@KevinMeyers83]

Nah mike keep showing us these listings by you! My buddy does the same thing in Sarasota & it boggles my mind. The housing market in rural north Georgia is still high but it’s at least getting back to “normal “

[@maryjane.fowler4805]

Are banks already foreclosing on homes do you know Mike?

[@shauntaprahamian3142]

Yes, please continue to do your "Crazy House" listings segment. It's great to see these houses for sale that you come upon during your walks. The property tax graphs, etc are great too. This channel really works because you're talking real estate and finance while walking with these beautiful and serene backdrops. You keep moving in the right direction. One of my favorite channels on KZbin.

[@bigbluecrab]

Yes...crazy. Someday? we will remember and enjoy some schadenfreude

[@msingleton]

Sold for $1,7774,000 on 9/15/21 and then asking $6,775,000 less than a year later on 6/24/22? Definitely please keep sharing this insanity. Sellers are nuts!

[@francismarion6400]

Buyers are nuts!

[@basement_livin]

Everyone is nuts!

[@sungchoe4370]

Maybe it was a fixer-upper.

[@shannondavis5728]

😳😳😳😳😳😳😳😳😳

[@msgmak1379]

@@sungchoe4370 The lack and shortage of workers is making the flip a very difficult thing to do these days. Just trying to get an electrician to a job site could be a 4-6 month journey.

[@tizzx4945]

I just love how Michael explains and talks about the real estate market. Even if you haven't been to college or aren't a real estate agent, you can understand everything Michael is talking about. Thank you Michael 😊

[@MichaelBordenaro]

That’s very nice of you to say thank you!

[@SirCarlosMusicBMI]

Rate hikes NEED TO HAPPEN! Thank you Sir for your wonderful channel. I really look forward to watching every day. I still can’t believe these outrageous Taxes going on over there. And YES 👍 I love looking at the houses you pass by on your walks. Keep up the great work my KZbin friend. Blessings, Carlos ✝️🙏❤️😊

[@Taurabirdy]

More regular people need to share the insanity they see in their line of work or in their experience so the rest of us can benefit from their insider knowledge. I am a nurse and I am starting to share what I see as being outrageous from my expertise. Please keep sharing your truth when you see it.

[@Joeainthere73]

Raise your hand if you still don't see the entire country being taken from us as a result of our vote in the last election. My son will never be able to buy a house in his country. Those on government assistance will never get off now. Kiss the middle class goodbye

[@taroman7100]

the ultimate plan push the middle class down with the illegals and low lifes

[@chiragmehta8212]

Yep idiots who voted for diaper in chief

[@greenknight907]

I love your videos. You are very honest and right about all that you say. I have been telling friends all this for years. Our financial corruption and our moral corruption.

[@nimaperception]

Hello Mike, Thank you for the update, and please continue showing houses' sell prices / listings during your walk. Keep up the significant updates!

[@MichaelBordenaro]

Will do. Appreciate the feedback👌

[@NormanAllan53]

Seeing how so many investors are out there wasting money is my personal highlight of your vlogs. It confirms how good the declines will be for we regular people folk who have been saving for years only to have deep pocketed non residents chase us out of the market.

[@taroman7100]

exactly! does anything ever hurt the rich. I have to move or I'm gonna strangle my neighbor's dog!

[@robtheaveragewhiteamerican4403]

I own my home. No mortgage. I have been looking since 2020. I WILL NOT buy a $150,000.00 house for $300,000.00. I will just stay in my home.

[@shanerogers9386]

100 percent appreciation is peanuts in south Florida. I’m seeing 400 percent in palm beach county. Of course south Florida is mostly made up of flippers and investors doing most of the buying. Biggest Ponzi scheme is our history.

[@nikkoBcool]

Yeah but if you had bought a house in 2020 you would be sitting pretty right now. I bought my duplex in 19, in 2020 they listed a townhome next to me for 220, should have bought it because less then 2 years later they were selling near 400k! Inaction is the worst, gotta keep on moving and progressing, I learned that the hard way

[@shanerogers9386]

@@nikkoBcool people learned the hard way in the late 1980s when homes crashed 50 percent in the 1990s. And then again in the mid 2000s when they crashed another 50 percent. At least where I live. Way higher values and WAY more speculators this time around

[@robtheaveragewhiteamerican4403]

@@nikkoBcool I am not a high roller. Just an average person. The housing market is nuts.

[@Juliet875]

Thank You Michael, Happy Tuesday! Yes, keep showing the houses and property taxes.

[@antor78]

Hi Michael, please keep doing the videos the same way including the real estate pieces even if outrageous . If possible, try to walk a mid end and lower end family oriented and decently safe neighborhoods at some point to show some real estate price contrasts in Miami. Thank you for your thoughtful videos.

[@MichaelBordenaro]

I would love to, but unfortunately that doesn’t really exist around here anymore. Houses in Miami that are below 400 K are now in the hood. Not safe.

[@adriaba790]

Please Michael, keep showing the insanity of RE prices,just to open our eyes!!!

[@finance1man]

Yes keep showing the crazy properties! It helps so people in other parts of country get to see what properties look like, and there values from other states. Keep doing it I really enjoy seeing the prices, and the outrageous tax prices they have to pay.

[@florakelly915]

Yes, please keep your same format. I have learned so much from your videos. Someday, I will be able to buy a home. I will know everything I need to know thanks to you.

[@florakelly915]

Yes, please keep showing these crazy homes.

[@hazcat640]

Keep showing them, Michael. It's fun seeing how crazy people are. 😆

[@MichaelBordenaro]

I know it’s pretty laughable that some of these pricing situation’s😄

[@bryanspayde5681]

I’m in the aircraft industry. I have a small business. Banks call me say just sign your name I can get 500k by morning…. Not I’m the slowest I have ever been hardly bring in enough to cover expenses. Borrow money no way . Just a small training facility with 2 aircraft.. if it doesn’t get better I’ll have to liquidate the company next year . The cost of insurance hangar rental have skyrocketed.. I won’t go bankrupt but the business might have to close…. That will be a sad day ..

[@thomasferrara3148]

Please keep showing us these ridiculous prices on these houses! I hope all these companies ridiculous people somehow learned their lesson

[@paulblatch01]

Yes please Michael, keep showing the houses and their history of prices, i, and I’m sure many others find it most interesting.

[@davidnorris6920]

I vote to keep showing the houses that are for sale with the sales history and amount they are currently asking for. I also like seeing the property taxes. Thanks!

[@susannicky]

The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. I came across an article highlighting individuals who achieved profits of up to $150,000 during challenging market periods. Considering this, I am curious about the best stocks to purchase now or add to a watchlist.

[@graywilliams_77.]

Within various industries, there exist numerous intriguing stocks that you may choose to track. It is important to note that you do not need to act upon every forecast. Therefore, I would recommend working alongside a financial advisor who can assist you in determining the optimal moments to buy and sell the shares or ETFs you are interested in acquiring.

[@graywilliams_77.]

I am currently in contact with ROCH DUNGCA-SCHREIBER .She has an online presence, so you can easily find more information about her by conducting a simple search.

[@susannicky]

Thank you for providing this helpful pointer.

[@windsorglenn1187]

High rate increases will also devastate the world economy. some folks believe they will benefit from rate hikes because it could lead to lower home prices enabling them to buy a home, the problem is , if you dont have a job you can't buy a home.

[@ciimoon5661]

most people that just sold their previous house and are purchasing a new home can pay cash. because the values have gone up almost everywhere, and most people have made money on the homes they are selling. I dont think its wealthy people paying with cash, its just people that just sold their previous house.

[@randydufresne7297]

Keep on showing all these crazy houses and every other house too.

[@cpears24]

I'm in golden handcuffs with my 2.25% 15 year mortgage I got about three years ago. Two weeks ago I cashed out 60k from my brokerage and put most of that in a 5% CD. If shit hits the fan I have 4 years of mortgage payments saved. Bring it on fed! Love the channel btw

[@MichaelBordenaro]

Not a bad spot to be in

[@hvaball150]

when everyone defaults, you will have 2 years of property taxes...

[@cpears24]

@@hvaball150 false property taxes is more heavily weighted on the original purchase price

[@hvaball150]

@cpears24 until its not... like, umm, a crash.

[@savfab5689]

@@hvaball150damn this is soo true!

[@alfonsosalinas3026]

Michael Bordenaro for Fed chair 🇺🇲

[@patheticprepper4496]

End the fed

[@lordhumongus8669]

​​​@@patheticprepper4496Funny how they don't see The Federal Reserve as the problem in Clown World 😂

[@norml7479]

Definitely keep doing those walk-by house prices with insane property taxes. In less than 20 minutes you do an amazing job coving the Fed and your synopsis on the stock market, especially explaining the S&P 500 chart comparing 2008 time-line crash to current, eerie comparison… and those in-the-know cashing out now. Interesting observation.

[@dennisklimavich3342]

It seems every time I leave the house I am spending $100. on just basics for 1 person and a dog

[@xtaxpayer1]

I think showing the ridiculous prices on these homes is the best part of your videos. Please keep it up show more.

[@charlajefferson9220]

I like the real estate specs you do on the homes you see on your walks. Keep doing it!

[@bryanspayde5681]

The 40 year loan just blows my mind !! Buy a house at age 30 it’s not paid off till your 70 ……. Crazy !!

[@Dr.MichelleMerritt]

Please do.. continue to share the listings/records depicting the unfortunate and devastating effects of on all of us of the bizarre and unsustainable market that we live in!

[@melanielattanzi9388]

Your content is always interesting and balanced. The crazy prices and flips always makes you wonder if they will get sold or even rented.

[@unaldurmaz250]

Please continue with real estate prices and taxes. Thanks 😊

[@puravida5683]

Yes, keep showing the homes and their insane prices! I always feel so much better, when I buy similar beachfront homes in Costa Rica and Panama. Which are 30% to 50% cheaper.

[@MichaelBordenaro]

Ha ha I’m sure that doesn’t make you feel real good when you see these crazy prices

[@Gigi30107]

How can I look at houses in another country. Newbie trying to learn stuff

[@BlackSuperman643]

The fact that some people thought they were going to come down after it just began baffles me. 😂

[@lunkerjim1]

Yes, I like the house listing segments and your panning around at the waterways. Your doing a great job and I look foreward to all your video's.

[@rendafranker7088]

I really enjoy looking at those houses. I can’t believe the govt. charges that much in taxes. It’s outrageous and frankly immoral to soak people like that.

[@tobezone]

Do not ignore the crazy prices Mike! You're doing a great job!

[@waynecmontgomery]

Please keep showing the houses and providing the tax data.Mind blowing, you will never defund politicians with bad spending habits if you keep funding them.

[@kevinkier6790]

please keep showing the real estate taxes and sales history. Thanks!

[@CHMichael]

You know it's all public info

[@MichaelBordenaro]

👌

[@iamblessed1797]

Yes Michael..Love seeing the houses and don't want you to change what you do or how you do it.. Love all the information, helps all of us.

[@bagsjr1]

My first mortgage in the '80s was 'reverse amortizing' at 16.5%. So after three years of regular payments I owed more than when the note began! These mortgages are illegal now but they will come back when interest rates climb above 10% in about three or four years.

[@chargermopar]

I like it that we both live in the same city and have the same views on the Fed and the markets. What really frustrates me is how every time the markets try and price things to reality the fed always steps in to screw us over with more inflation. Born and raised here I have seen so many ups and downs in the real estate market that I appreciate your analyses and the crazy flips you find.

[@thomasallen6980]

Maybe you should have crumpets in tea at a coffee house and discuss the past.

[@chargermopar]

@@thomasallen6980 I am a carnivore so it would be a steak house or a backyard barbeque.

[@rocketj7449]

As a small business owner, I can tell you my business has been in a recession since June 2022. But it's not official because the definition of recession has changed. Just another way to pull the wool over our eyes. Just look the other way. Nothing going on here.

[@hewittreptiles7116]

I'm also a small business owner, and I've felt the recession since that same time too.

[@chizle882]

I think that showing the outrageous priced houses should be put into more context. Show us their neighbors houses, view across the street, and their sale price.

[@Eyeris625]

The white house you walked by was GORGEOUS! Please continue doing the listing, I have learned much from it.

[@edge918]

Thankfully I was able to lower my housing expenses by over 150% Native American grandma 💟 Michael & Lisi 💗 Please keep educating is all 🙂 and show us every house you want to as well as the stats 🙂💙💜

[@erinspoonster570]

"Denial is not just a river in Egypt."

[@deportedsouls3165]

In Sweden the construction market is in the start of a free fall. With a lot of lay-offs!

[@musashi4856]

"Healthcare" is at #3 for bankruptcy despite massive profiteering from forced medical procedures via jabs and covid protocols‽ A hospital would receive over $13,000 for diagnosing a person with C19 and $39,000 for Ventilator Treatment as "compensation bonuses". Hence, why so many ended up on ventilators that didn't need it and died from blown-out lungs.... "Show me the incentives and I’ll show you the outcome." - Charlie Munger Pneumonia = $4000 Covid = $13,000 Ventilator Treatment = $39,000

[@arnolddecarlo558]

Yes, keep showing the prices

[@user-qd8wf4qv7k]

Keep showing those insane prices. Really enjoy the informative videos

[@rogerbray6610]

Definitely Keep showing the houses. It's really entertaining!

[@katydid2877]

I like to see the crazy houses. It’s like a peek into a world I would never see if it wasn’t on here. The prices and taxes and magical thinking are fascinating and appalling at the same time.

[@lindaadams1008]

Please continue showing specific properties... That's one of my favorite parts of your walks...😊

[@richardmartes6837]

Keep showing the houses. Great job Michael.

[@DanielleParkpodcasts]

I like the sale price history and property tax info you provide. thank you

[@mullerk2]

Keep em coming, Michael

[@chrissmalling1672]

Keep showing all the crazy houses. It’s both fun and interesting to see.

[@RockrohrMissions]

Keep commenting on specifics of houses! It shows real life examples of what’s happening. The tax jumps are very instructive!

[@funsunone]

I love the extra details about the areas.

[@lauriemogianesi3571]

I’m in California,but love your nutty listings .I can’t believe the taxes !

[@Falconlibrary]

Housing speculation is still going on. I was outbid on a house and the sellers turned around and immediately listed it for $50,000 more than they paid.

[@allenhanks7719]

I thinks showing the properties as you walk is great. Please keep doing it.

[@lo1234-w9r]

Florida real estate is in an alternate reality and doesn't reflect national trends but keep on giving us these absurd prices.

[@kimberlygorgoglione9237]

People flocking to " hard assets" such as real estate and gold because we can't trust our government to uphold the dollar.........how can we trust government to uphold property rights? If the country falls due to numerous factors like the dollar no longer being the primary currency, your real-estate can be seized along with your gold. If that happens, carrots and potatoes will be more valuable.

[@anng4665]

Very sobering. The oligarchs will have managed to reduce us to a nation of sharecroppers. It’s obvious property rights aren’t honored by the government now. Old people being evicted from paid off homes they raised their families in because of exorbitant property taxes is horrific. It should be illegal. The fact banks keep all the owners’ equity when homes are in foreclosure is another crime. It’s as if the US is a giant casino & the house always wins.

[@jasonsheehan7782]

Debt is astronomical right now. My local dealership has more cars on the lot than I've ever seen. I've lived in my area for 10 years. They're advertising car shows at the dealership. You can feel the desperation in the air.

[@laurenprada3335]

Yes, please keep showing the crazy sales prices and taxes! Fascinating to see! Thx!

[@dennisklimavich3342]

Yes, please keep things the way you are doing your videos. Very informative and interesting

[@laurie1838]

Yes Michael, I definitely want to hear about houses on the market and their history. How about some that aren't so high priced, I know that might not be easy in the areas you walk!

[@dgudas1]

Your highliting of fancy real estate and their prices/taxes is VERY interesting. You do it sparingly and thus it doesn't detract from your overall talk topic. It is also an appreciated WOW! every time.

[@natalieoj3078]

Right here in east TN a lot of cash buyers that are keeping prices insanely high and creating problems

[@anng4665]

Tennessee is being ruined.😔

[@joefer5360]

Love the crazy listings that show the speculators' crazy antics.

[@larryneiberheim592]

Keep highlighting the properties. It lets us know how delusional some sellers are.

[@ld9044]

Yes please, keep showing. I might miss the flipper grey and white decor 😂

[@buffycat4641]

My guess on some of the properties you're showing, is they are laundering large sums of money. The house is just the vehicle for the laundering.

[@cameron4247]

Yes keep showing the outrageous houses it blows my mind every time.

[@donnorth9822]

I enjoy watching your comments on crazie expensive homes

[@KristopherStidd]

Thank you for the video Michael. Looks like such a pleasant time sir. Enjoy. 😊❤️

[@MichaelBordenaro]

You’re very welcome. Glad you enjoyed it!

[@TravisPluss]

Love seeing the details on all the housing flips. It gives more weight to what you’re saying and shows just how crazy the (Floridian) market is right now.

[@inikidaisy]

I love all the research you do for your videos. Keep up the great work. And yes, I like to see those expensive houses.

[@kathieharine5982]

Keep showing those crazy houses.

[@potatoburger9659]

People fail to realize our inflation has a massive impact around the world.

[@hvaball150]

wlak us through it. they used to sell a sneaker for $1 usa to the importer. now they get $2. go for it.

[@Taurabirdy]

The sad thing is this fun fact. Real estate in the US is still cheap compared to cities around the world that is one reason among many that foreigners love to invest in our properties.

[@danman1287]

one of the biggest problem is the RE laddering... RE tax laws... if u sell an investment property u don't have to pay taxes if u reinvest the proceeds n this readjusts the basis for depreciation aka no tax on capital gain n taking out money for income...they need to change this law

[@lymancopps5957]

Absolutely show us the houses. It really puts the words into perspective. Especially those of us who don't live in Florida.

[@donesy125]

I love seeing the crazy house prices. It makes me feel better about not giving in to fomo and purchasing some overpriced house 😅

[@livinincalifornia]

If the Fed raises rates further, it may need to bail out a lot more banks, which may require emergency actions, which could undermine the entire tightening cycle by requiring immediate cuts and bailouts, QE, etc. It's like walking a tightrope, or some kind of extreme balancing act. Try to tighten just enough to slow inflation, but not so much it causes deflation, because that would result in a credit crisis like 2008.

[@MichaelBordenaro]

It is an interesting dynamic, isn’t it

[@MereAYT]

Risky operation by institutions with the promise of bailout in case of loss is the moral hazard warned about during the 2007/2008 collapse. That cycle needs to stop.

[@BlessUsEarth]

bail out banks? gtfo banks can go broke, should just confiscate everything that's relate to them banks, everything other than customers. let's see how they like to play with everyone's money then. We all knew banks is a business that just takes and does not give. But then again.. banks have everyone hostage ..

[@meme-dg6dc]

Exactly!

[@goodgugamuga]

Keep the home listings going!

[@mrmotorcarsrs2034]

I'm still interested to see what houses list and sell for. The taxes make a nice touch because that is part of the cost of ownership. I like to dream big. you provide me information and an education that makes me a better buyer if ever i get in a position to buy an expensive house like that. It works for any house the info you provide.

[@MichaelBordenaro]

Good to know Randall thank you

[@MichaelBrown-ny3et]

Let’s keep looking at those overpriced properties. It makes me feel better to see way overpriced property somewhere else. Most homes in my area are nearly double what they should be. Very few new listings.

[@MCC876]

Keep showing the homes. It’s a great part of your videos.

[@m.marchese2781]

MB, Yes, keep discussing the houses you walk by.

[@Rush-Fan2112]

Current energy policy is also something that needs to be addressed to see prices start to come down.

[@zyt4zcn]

Hi Michael, thank you from a viewer from the other side of the world, keep it up 👍

[@yoyojuarez6773]

If you can’t touch it you don’t have it , thank you Michael !!!.

[@jayneweaver8695]

Love the outrageous listings on your walks. It's great to walk in Miami every day when I'm in another state!

[@ericl452]

The Fed will "skip". That's what Powell said they would do a couple of weeks ago. So far, in this cycle, the Fed has always done what they said they would do and what the market expects. The very low inflation number in today's report gives them a great excuse to "skip".

[@CarlWithACamera]

I think they'll raise .25%, one last raise before pausing for a while.

[@ericl452]

@@CarlWithACamera I hope you are correct, but I have little faith in the Fed. They seem to cave to political and corporate pressure pretty easily.

[@michaelearlgrey]

I also think they'll skip though they should raise. But I'm wondering what the impact of either will be! Is a skip going to launch stocks or is that baked in already?

[@ericl452]

@@michaelearlgrey That's the $64,000 question. Markets will probably rally somewhat, especially the non-tech sectors, however, it could also be a sell the news scenario where smart money gets out and books their profits.

[@virginiaabernathy-n5q]

Yes... love the crazy houses, and appreciate all the up to date information!!!

[@anez34]

I like seeing the crazy south Florida listings