People Are BEING FORCED TO LIVE IN THEIR CARS!

  Рет қаралды 147,449

Michael Bordenaro

Michael Bordenaro

Ай бұрын

The cost of housing is getting so far out of whack that people who could formally easily afford to pay their rent or mortgage are now being forced to live in their car as an alternative. Even then, car insurance is also skyrocketing, and it could be a matter of time before they can even afford that. But this housing market and economy is supposedly the greatest in history...
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Пікірлер: 2 300
@MichaelBordenaro
@MichaelBordenaro Ай бұрын
Gen Z DOESN'T WANT TO WORK ANYMORE! kzbin.info/www/bejne/nHzHhpuMp86qatE
@angrydragon4574
@angrydragon4574 Ай бұрын
Huh. Between living out of your car or mom's basement, I'll take the basement. And these are working people I am speaking of...
@francismarion6400
@francismarion6400 Ай бұрын
@@angrydragon4574 You should stop doing drugs.
@rhondae8222
@rhondae8222 Ай бұрын
Great content. Thanks for sharing what's happening with our U.S. economy.
@luhoffma8836
@luhoffma8836 Ай бұрын
I love Gen Z they are wonderful young people who are being short changed.
@ophidiaparaclete
@ophidiaparaclete Ай бұрын
The temptations in the wilderness were Title (registration) Name (drivers license) Status (proof of insurance)
@tatianastarcic
@tatianastarcic 24 күн бұрын
To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
@berniceburgos-
@berniceburgos- 24 күн бұрын
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
@nicolasbenson009
@nicolasbenson009 24 күн бұрын
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
@Michaelparker12
@Michaelparker12 24 күн бұрын
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@nicolasbenson009
@nicolasbenson009 24 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@maiadazz
@maiadazz 24 күн бұрын
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
@jimgeistlinger3545
@jimgeistlinger3545 Ай бұрын
You’re talking reality. I’m 74 years old. I feel bad for my children and grandchildren for the world they’re being left with. I blame our corrupt government for most of these problems.
@ronaldgreen5292
@ronaldgreen5292 13 күн бұрын
All of the problems!!🤨🤨🤨🤨
@mayhem6678
@mayhem6678 3 күн бұрын
Well said 😢
@buddy1155
@buddy1155 3 күн бұрын
Our (I am old too) are to blame for all current problems, we have been too greedy and build the national debt. We can't blame our governments, we voted for them, they just do what the voters want.
@aliannarodriguez1581
@aliannarodriguez1581 3 күн бұрын
We removed the safeguards, little by little, preventing those with the most gold from using it to buy power. As this process goes forward, we will all have fewer rights, fewer rewards, and less justice. People know in their gut that they are being marginalized and disempowered, and it rightly makes them angry. Fortunately for the very wealthy, there are many scapegoats to which our attention can be redirected. One of the richest men in the world has controlled the biggest media empire in the world for many decades. He’s not even American, but owns our opinions.
@adriansteele7023
@adriansteele7023 2 күн бұрын
​@buddy1155 proud of you for being so honest. I really feel like we need someone to stand up and be a leader who is okay with ripping it all up and starting over
@Allen-eq5uf
@Allen-eq5uf Ай бұрын
Got a house that’s paid off, six figures in the bank, and no debt, but I’m always careful to not slam the homeless because I know that it could be me tomorrow.
@jenniferlee1993
@jenniferlee1993 Ай бұрын
A very wise idea, I hope that you have a successful life my friend :)
@marblox9300
@marblox9300 Ай бұрын
Mayybe this afternoon.
@WyldStallion-bs9oo
@WyldStallion-bs9oo Ай бұрын
Yes, if I don't have money to give, I don't look or stare at them. They don't deserve to be shamed. Trying to get ahead and pay off my house early is greatly motivated by seeing the poor US CITIZEN men standing on the streets begging for money.
@Shaylok
@Shaylok Ай бұрын
Watch your health and make sure you have health insurance. Nothing can wipe out faster than medical misfortune.
@WyldStallion-bs9oo
@WyldStallion-bs9oo Ай бұрын
@@Shaylok Funny you say that. I went to do my annual physical today.
@bradtucker2358
@bradtucker2358 Ай бұрын
If you can’t afford rent and homeless is a crime then what are people supposed to do??
@jbar_85
@jbar_85 Ай бұрын
I guess move in their car out of state. That’s what I would do.
@hcox1111
@hcox1111 Ай бұрын
Let the state feed you and house you in the jail house, they will throw you out eventually and buy you a bus ticket.
@darlenegattus8190
@darlenegattus8190 15 күн бұрын
Excellent question
@chriskerwin9050
@chriskerwin9050 14 күн бұрын
Exactly lose lose
@Patrick-rf3zu
@Patrick-rf3zu 13 күн бұрын
STOP VOTING DEMOCRAT...
@Dave711701
@Dave711701 Ай бұрын
What's going on with the economy should be called economic warfare instead of inflation.
@adamsnelson4689
@adamsnelson4689 Ай бұрын
You will own nothing & be happy.. all By Design
@SilverWatcher.
@SilverWatcher. Ай бұрын
I've been saying that exact thing for years now. Mexicans just send all our money to other nations. Money leaves usa only to never return. That's absolutely economic warfare. 😮
@user-os3qm3nb2k
@user-os3qm3nb2k Ай бұрын
In CA retail theft lawyers have been saying stolen goods were on sale to keep stolen amount under limit for felony..😢
@rockpadstudios
@rockpadstudios Ай бұрын
They will print money until they can't. Everyone has their hand out and the government just can't say no. So we keep voting for the same old same old and the results are in everyone's face and they still vote the same. Not everyone of course but it really doesn't matter which party is in power my costs go up.
@drbassface
@drbassface Ай бұрын
@@adamsnelson4689 Just not sure about the being happy part…
@cheaplaughkennedy2318
@cheaplaughkennedy2318 Ай бұрын
I can personally see the fabric of society falling apart greater by the day.
@Joe-no7gs
@Joe-no7gs Ай бұрын
In reality or social media?
@rfxtuber
@rfxtuber Ай бұрын
When it becomes a tidal wave, no amount of laws will save them from from the ravages of an insane system.
@user-nd2jq6cs6y
@user-nd2jq6cs6y Ай бұрын
​@@Joe-no7gs both. But hey, it's okay...cuz Joey says everything is FANTASTIC, best economy ever
@mindlessdillan
@mindlessdillan Ай бұрын
​​@@Joe-no7gsvery good point. Social media and a lot of people on it are profiting on spreading "the world is so bad" news. When you go outside, it's bad, but it's not as bad as the media is making it out to be. Life is beautiful when you disconnect from everything
@keyisersoze
@keyisersoze Ай бұрын
@@Joe-no7gs In reality or social media? How about math? If Joseph, Jesus' father, had invested one cent at his birth with a 5% interest rate, it would have resulted in enough money to buy 134 billion balls of gold equivalent to the weight of the earth at the time of German unification in 1990. This impracticality of continuous payment of interest and compound interest is the root cause of economic and social breakdowns.
@brianshoemaker8393
@brianshoemaker8393 Ай бұрын
Before I paid $15,000 per month for that house I would live in my car too (regardless of my income).
@garyfrancis6193
@garyfrancis6193 2 күн бұрын
That is if you can pony up $5000 a month for a Mini Cooper. Front seat rented to someone else.
@brianshoemaker8393
@brianshoemaker8393 Күн бұрын
@@garyfrancis6193 True 😂
@MS-ty8eq
@MS-ty8eq Ай бұрын
Its greed. Every single bit is driven by greed.
@ronaldgreen5292
@ronaldgreen5292 13 күн бұрын
Damned right ✅️ 🤨🫤☹️
@supernova11711
@supernova11711 10 күн бұрын
Always.
@9latinumStudioz
@9latinumStudioz 10 күн бұрын
NWO
@JamesEnriquez-dt5xg
@JamesEnriquez-dt5xg 15 сағат бұрын
Absolutely. 💯 percent greed.
@robertwright7283
@robertwright7283 Ай бұрын
The cost of living is no longer affordable anymore.
@tmdrake
@tmdrake Ай бұрын
sucks
@JoesIceCreamCone
@JoesIceCreamCone Ай бұрын
It stinks but my solice is knowing I wasn’t dumb enough to vote for it.
@joeMW284
@joeMW284 Ай бұрын
​@@JoesIceCreamCone 😆 Trump just held a fundraiser where he got $50 million from a handful of billionaires. He's literally the last one who is going to save you.
@francismarion6400
@francismarion6400 Ай бұрын
@joeMW284 Good he needs support to pay for all the frivolous Putin lawsuits the Democrats keep harassing him with. When is Hillary going to prison?
@JoesIceCreamCone
@JoesIceCreamCone Ай бұрын
@@joeMW284 lies: Former President Donald J. Trump was trailing President Biden in overall campaign cash on hand at the end of 2023, but he dominated fund-raising last year by at least one critical measure: his number of small donors. An analysis of Federal Election Commission data by The New York Times shows that about 668,000 donors gave less than $200 to Mr. Trump, compared with 564,000 for Mr. Biden. Smoke that one in your peace pipe 😂😂😂
@Juliet875
@Juliet875 Ай бұрын
This is a sad state of affairs we are living in. Meanwhile Migrants have housing, health care, and are given money every month. It's outrageous what's happening. Great video Michael and Happy Thursday!
@clyde19788
@clyde19788 Ай бұрын
where?
@michaelsyufy7733
@michaelsyufy7733 Ай бұрын
And Medicare part b gets canceled on The Disabled American! Thank the leaders in DC!🤨
@user-jx4om8yp7e
@user-jx4om8yp7e Ай бұрын
@@michaelsyufy7733 Exactly. That's a damn shame how we are treated.
@JoesIceCreamCone
@JoesIceCreamCone Ай бұрын
@@clyde19788do you under a rock? 🪨
@nyias
@nyias Ай бұрын
Whether there are migrants or no migrants, this would still be happening.
@Tampa_tom
@Tampa_tom Ай бұрын
I did a 6 hour ride on my motorcycle across Florida last Tuesday. I was shocked at how many homeless there are here in our state.
@fabianschneider5992
@fabianschneider5992 Ай бұрын
Politicans would see only lazy people there.
@Resmith18SR
@Resmith18SR Ай бұрын
Did you lose count?😂😂😂
@dr.michaellittle5611
@dr.michaellittle5611 Ай бұрын
And what has governor go-go boots done to make a difference?
@gregorylyon1004
@gregorylyon1004 Ай бұрын
Homeless people flock to warm climates
@frenchfred3
@frenchfred3 Ай бұрын
welcome to capitalism and conservative are going to call those homeless lazy, the beautiful christian country
@user-nd2jq6cs6y
@user-nd2jq6cs6y Ай бұрын
$9500 a month?! Reduced from 12k?! Who the f*** are renting these houses? Millionaires?! Even a Millionaire would find a better more cost efficient place then that. 30k can buy you a brand new modern camper and in cali with super high rent in san Bernardino rv park lot fee is $650 a month × electric which is 150 avg n 230-400 avg in summer for a/c. 3 months rent at that overpriced humid hot mosquito ridden over policed private prison extortion 5 hurricanes a year and no electric 45 days a year s***hole house....could buy you a camper for life. Why would anyone waste their money on that? A MILLIONAIRE would feel like hes throwing his money away on that...theyre so delusional. Is Blackrock selling it?
@ariesempresstarotandguidance
@ariesempresstarotandguidance Ай бұрын
OMG this made me laugh so hard and your description of Florida is right on target!
@nothanks9503
@nothanks9503 29 күн бұрын
Yes they’re investments not houses
@sunrisesandsunsets7553
@sunrisesandsunsets7553 21 күн бұрын
Agreed 💯😎 Black 🖤 Banana truck Republic of FJB clowns 🤡
@vegasstrong7039
@vegasstrong7039 15 күн бұрын
CARTEL 😤😤😤😤
@karlburmeister1552
@karlburmeister1552 8 күн бұрын
Nailed it. They're hoping that the next drug dealer will come along to rent it.
@frankmartin9958
@frankmartin9958 Ай бұрын
Shopping Centers in Sarasota are full of people living in their cars
@robertkauffman8137
@robertkauffman8137 Ай бұрын
So there is a reason to go to a mall.
@marcusdisalvio1804
@marcusdisalvio1804 Ай бұрын
Yeah what's crazy about that is I rent over by fruitville and Tuttle near the Orioles stadium and whenever I would go for a bike ride every weekend downtown on main Street in Sarasota for the farmers market there are massive groups of people who are homeless and mentally sick right on 17th Street by the Rosemary district and every time that I have to go that way it only gets more and more worse, the fact that they're building these ultra luxurious condos on main Street is just going to make the problem more worse because they're going to have to rezone the area and increase the taxes on every business there including townhomes and homes that were on that main street before anything was built around it are going to go into foreclosure and jobs are going to go down the drain. Eventually that whole area is going to become crap because if a locals cannot afford to go downtown and spend their money then there's nothing that will keep it active
@RasiRobi
@RasiRobi Ай бұрын
😮
@JohnyZman
@JohnyZman Ай бұрын
@@marcusdisalvio1804yea when I was staying at Lido on St. Armand’s noticed a wealthy elite and didn’t see many middle class people at all even when I had dinner at a restaurant on Gulf Gate
@psylee8687
@psylee8687 Ай бұрын
Sarasota California?
@relaxandunwind1496
@relaxandunwind1496 Ай бұрын
Tons of people here in my area in Texas are living in RVs now. People are struggling everywhere. A 3 bedroom house is almost 2000 a month. People are getting priced out of a place to live. Ridiculous
@Leonnie13
@Leonnie13 Ай бұрын
Indiana. Yes. Let me repeat that. INDI-freakin-ANA has $2,000 rent for 2 bedrooms. Don’t even bother with renting a modest home.
@BM_100
@BM_100 Ай бұрын
In Florida, a 1 bedroom apartment is $2000 a month.
@zsigzsag
@zsigzsag Ай бұрын
My sister is paying $2000 a mo for a 1bd apt. This is Broward County, South FL.
@user-lh5re8jh7u
@user-lh5re8jh7u Ай бұрын
East TN 3 bedroom 2 bath $2900-$3100
@McLOVIN557
@McLOVIN557 Ай бұрын
​@@Leonnie13, That's unreal, yet sadly it is real.
@duancoviero9759
@duancoviero9759 Ай бұрын
The worst thing is all the seniors falling into homelessness 😥
@gregorylyon1004
@gregorylyon1004 Ай бұрын
Any senior citizen who is falling into homeless did not plan. That generation of workers had the highest wages and the lowest cost for housing in history. I don't feel sorry for them
@addiecobb5351
@addiecobb5351 Ай бұрын
It's not accurate to say that only baby boomers had it easy. Many faced challenges, including poverty, disability, widowhood, and low-paying jobs. The responsibility for cleaning homes, cooking food, and caring for the elderly often fell on those who were not middle class. 😊
@user-jl8yy5ir7s
@user-jl8yy5ir7s Ай бұрын
They are living in minivans and old motorhomes out in the desert. They migrate to higher elevation in summer.
@gertrudewest4535
@gertrudewest4535 Ай бұрын
People working full time jobs are living out of their cars
@richardface8664
@richardface8664 Ай бұрын
​@@addiecobb5351who is Manny?
@rjny51
@rjny51 Ай бұрын
You really made me laugh when you said that if you are watching this video for some good news , well this video isn't for you
@robinjonson4186
@robinjonson4186 Ай бұрын
🤣👍
@underleft
@underleft 23 күн бұрын
Misery gets views
@alarmactionukalarmactionuk893
@alarmactionukalarmactionuk893 8 күн бұрын
Yeah Michael is the Morrissey of the internet world.
@christophernejman
@christophernejman Ай бұрын
Seniors are being forced out of their homes due to the ever-rising cost of rent, taxes, insurance, etc.
@matthewkardys6514
@matthewkardys6514 Ай бұрын
☝️
@michaelgresham1980
@michaelgresham1980 Ай бұрын
You had the best economy, the strongest dollar, the cheapest goods, and houses for next to nothing. Spare us.
@indepthmike5578
@indepthmike5578 Ай бұрын
Typically if seniors aren't rich their more than likely forced to downsize and get a small apartment or go into elder housing if anything though there should be more section 8 vouchers made available for the elderly and disabled especially in this very inflationary economy where poorer Americans on fixed income are struggling the most and hanging on by a thread, but for some who remain their homes and really need extra money in retirement to pay for things like healthcare a reverse mortgage might work for them which is rediculous because a person buys a house spends nearly 30 yrs paying it off only to sell themselves out in old age for and extra check that will more than likely go to the medical industry, system we have in this country is a joke it almost makes more logical sense not work because it's all in vain at least for some.
@gregorylyon1004
@gregorylyon1004 Ай бұрын
What seniors??? Where???
@ambivertical
@ambivertical Ай бұрын
@@michaelgresham1980shut up. If you were living at their time. Yoy wouldnt have predicted times like today. Stop acting like you would have acted any different. You Wouldnt have
@Viperauora
@Viperauora Ай бұрын
Living in a van down by the river.
@markme4
@markme4 Ай бұрын
Who knew Farley was a prophet ?
@debbiec6216
@debbiec6216 Ай бұрын
at least you are receiving a meal per day by catching some fish. After all , you need YOUR PROTEIN.
@johnnyx9892
@johnnyx9892 Ай бұрын
Eating government cheese no doubt
@hvaball150
@hvaball150 Ай бұрын
That skit was 30 years ago. And was reality before that. Just to say this is nothing new.
@matthewkardys6514
@matthewkardys6514 Ай бұрын
Jesus Saves 🔥🇺🇲 Big Love From Virginia 🙏 Off Grid Cabin 🔥 with Jesus
@borlanderobertson5666
@borlanderobertson5666 Ай бұрын
I would love to live in a van by the river but my wife and kids aren't keen on it😂😂😂😂
@mindlessdillan
@mindlessdillan Ай бұрын
That's why at 24 I've decided to do it!! Gotta do it now before I can't! (I also decided why pay 50% of my income on rent alone when I can use that 50% to have a higher quality of life, save, etc!)
@RobertSmith-jd6wb
@RobertSmith-jd6wb Ай бұрын
Ditch them 😂🤣
@borlanderobertson5666
@borlanderobertson5666 Ай бұрын
@@RobertSmith-jd6wb LOL Then I would be too poor to buy the Van after alimony and Child support
@afisemenaborevlaka48
@afisemenaborevlaka48 Ай бұрын
A couple friends of mine down on their luck had to live in their cars. Soon, I joined them and lived in my mini van for six months. This all came to an end for all of us when I realized I have a huge house that's all payed for.
@Rockerlady
@Rockerlady Ай бұрын
🤓 "Well whoopty freakin' do!"
@jamesbass9797
@jamesbass9797 Ай бұрын
Michael, I watched a report earlier today on real estate in the US. It was about 2 subjects. Squatting and rising insurance costs. Turns out that companies like Blackrock have bought up hundreds of thousands of single-family homes and they are renting them with very high rents. They are the ones pushing up rental prices across the nation. They are also involved with hiring people to promote squatting and then turn around and offer to homeowners to buy them out at lower prices because they will have to pay high attorney's fees to get them out. Talk about a HUGE SCAM! And the rising homeowners' insurance is being pushed all over the country for no apparent reason. I mentioned all these facts several months ago on one of your videos. I said then and I say now. These corporations are pushing the WEF agenda. You will own nothing and be happy. I believe my claim now more than I ever did after hearing these news reports earlier today.
@taroman7100
@taroman7100 Ай бұрын
House insurance is understandable, The last twenty years have seen nothing but devastation by erratic weather. They cant keep up.
@jamesbass9797
@jamesbass9797 Ай бұрын
@@taroman7100 -- That is your opinion, and, in my opinion, you are clearly wrong.
@bluefen
@bluefen Ай бұрын
​ @taroman7100 Another, ' Climate change is the problem' zombie.... make sure you keep up with your boosters..
@koolkitties8552
@koolkitties8552 Ай бұрын
Not in florida anymore
@jamesbass9797
@jamesbass9797 Ай бұрын
@@koolkitties8552 -- All my real estate holdings in the state of Florida are for sale. I've been selling them all off for well over a year now. I only have 55 more to go and I'll be through with all the BS in that state.
@cindyonyoutube
@cindyonyoutube Ай бұрын
Fulltime van life is a choice that many people want to make. They travel around the country & really enjoy it. But it's a different story when you have no other choice & are forced into van life. Really a tough place to be, especially for older people.
@kingscairn
@kingscairn Ай бұрын
As long as you can afford vehicle breakdowns & insurance - no insurance - no plates
@patriceh-tissier6425
@patriceh-tissier6425 Ай бұрын
80 % of them it,s by force , but don,t worry be happy the worse is coming 🍀
@jimcrawford3185
@jimcrawford3185 Ай бұрын
Fulltime Hyundai Accent Hatchback life is much more economical
@kagnewcobra5228
@kagnewcobra5228 Ай бұрын
@@patriceh-tissier6425 Exactly! Buckle up Buttercups!
@kingscairn
@kingscairn Ай бұрын
@@Tater-Skinz exactly right - things deteriorate - gravity eventually takes everything
@charly5595
@charly5595 Ай бұрын
They have to raise your car insurance, now that you live in it...
@yellowbird5411
@yellowbird5411 Ай бұрын
Yes, let's watch that happen! They'll say that you drive much more now, so that increases your costs. Chances of an accident are increased, so they must up your insurance. Even if you don't drive around out of town, they'll still use that as an excuse, plus they'll say, "You might be cooking in your car, and a fire could destroy it." On and on.
@mdjones905
@mdjones905 Ай бұрын
Shhhhhhhh!
@patriceh-tissier6425
@patriceh-tissier6425 Ай бұрын
Don,t worry your turn will come too 🍀
@jesusisking8502
@jesusisking8502 Ай бұрын
Who would be dumb enough to tell them. Just get an address of family or friends.
@TurquoiseSunsets
@TurquoiseSunsets Ай бұрын
Just get with the program and leave America. The American Dream is finally officially dead. We expatriated to the Philippines and life is good and culture is far better than America..
@krisb7465
@krisb7465 Ай бұрын
My homeowner's insurance on my 1940 bungalow in Reno NV is $600/yr, property taxes are $770/yr with increases capped at 3%/yr for owner occupied homes. And no state income tax. I am saving $20K/yr in taxes over what I was paying in Sacramento CA. Born and raised in CA, but could not afford to retire there.
@brianmatthews4149
@brianmatthews4149 Ай бұрын
Sounds like you did the right move.
@basha0810
@basha0810 Ай бұрын
I have that same scenario here in Pensacola, FL. Low homeowners, low property taxes. I set myself up to be in a unique situation, so to see others really suffering here in FL might be lack of planning. Complacency.
@JBoy340a
@JBoy340a Ай бұрын
Seems like the right place for you. Still in CA and it is working for us.
@vegasstrong7039
@vegasstrong7039 15 күн бұрын
LIES BORN & RAISED IN NEVADA GREATS CAME TO BUILD HOVER DAM & NEVADA NOW CA. PRICES FACTS & RENO WAY MORE EXPENSIVE WITH THE NAME LAKE TAHOE ALONE😤 TELLING PEOPLE LIES FACTS🙏🏾🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸✌🏾
@randallkohn6089
@randallkohn6089 10 күн бұрын
Wow - nice deal you got going there. Best wishes.
@valerierogers9609
@valerierogers9609 Ай бұрын
Some would sneer a while back & say I should've "planned better" for retirement. No way anyone could plan for economic collapse.
@gr8macaw1
@gr8macaw1 Ай бұрын
Not just economic collapse but an unexpected illness can just wipe someone out. Lots of people planned very well but after 2008 were left penniless
@gaynormca8992
@gaynormca8992 Ай бұрын
I hear you. Try living through 3 major U.K. recessions …
@ellenhaas3769
@ellenhaas3769 Ай бұрын
I worked at a bankruptcy court for 30 years. I learned and planned accordingly retired at 55 with no mortgage or car note.
@gertrudewest4535
@gertrudewest4535 Ай бұрын
65% of Americans don’t make enough to cover the basics. Retirement is a luxury.
@SunofYork
@SunofYork 28 күн бұрын
What economic collapse ?I am making a fortune.. 5k most days. Is this the losers channel ?
@gundriver6439
@gundriver6439 Ай бұрын
Wait until gas prices hit double digits per gallon. That's gonna be a wake-up call.
@michellebeuter1871
@michellebeuter1871 Ай бұрын
Is that how they're going to force us to go to electrical vehicles?
@stevegoodman3692
@stevegoodman3692 Ай бұрын
Libs have forever complained that the US needs to follow Europe on gas prices to push mass transit and EV adoption. Make the pain force the change.
@nothanks9503
@nothanks9503 29 күн бұрын
We’re going to stop using gas before that we’re going to stop using gas soon it’s outdated and there’s no excuse to keep using it other than different people would make money
@user-zc3eh4di6p
@user-zc3eh4di6p Ай бұрын
I’m laughing to myself trying to figure out what they’re gonna do with all these empty houses once everybody’s sitting the street 😂
@c-mobucks4930
@c-mobucks4930 Ай бұрын
Blackrock will be there to scoop em up.
@fabianschneider5992
@fabianschneider5992 Ай бұрын
In Germany empty houses and flats are occupied with Immigrants. Their rents are paid by the governement.
@hbarfan9383
@hbarfan9383 Ай бұрын
@@c-mobucks4930 Yes! BR will scoop em all up. Renting will be more appealing and most will convert. Owning in other countries will become the new craze.
@blackworldtraveler3711
@blackworldtraveler3711 Ай бұрын
@@hbarfan9383 Other countries will be happy to tax you.
@je862
@je862 Ай бұрын
@@c-mobucks4930 That's probably true about blackrock, but then what? They will charge as much rent, or maybe more, than a mortgage would be, and still the vast majority could not afford it. Maybe multiple family members in one house to cut costs.
@Resmith18SR
@Resmith18SR Ай бұрын
Sleeping in your car can be dangerous wherever you park. You're completely vulnerable to anyone walking by if you happen to be sleeping. Also I don't think many people can handle the discomfort of sleeping in a car or van especially if you have a bad back or arthritis.
@loisaustin6200
@loisaustin6200 Ай бұрын
People are doing what they have to do or are being forced to do. They most likely do not like it, are never feeling safe, are uncomfortable, and constantly messed with by the law, but the poor things have no other choice. Better to have a car to run to than sleep out in the open spaces in a tent somewhere. A car gives them a small semblance of privacy anyway.
@jeffbalog5161
@jeffbalog5161 Ай бұрын
Beats the alternative.
@bywaterbeatsproduction
@bywaterbeatsproduction Ай бұрын
You have to more creative. I lay down my back seats and sleep on sofa cushions. Also have a Jackery and a usb fan to circulate the air. Keep windows cracked with rain guards to cover the openings. Have a mini fridge, solar shower, butane stove, solar lights, small generator, foldable solar panel, etc. Gotta make the best out of it. 🤷🏻‍♂️ But I also live on a ⛵ too. Boat has everything a house does basically so it's better. And it's free rent. I just pay 30$ electric bill 😉
@nothanks9503
@nothanks9503 29 күн бұрын
The police are the most concerning I can’t sleep in a car because I’ve woken up getting arrested before
@tonychavez3679
@tonychavez3679 21 күн бұрын
You can put armor in your car. Like Madam Max, the movie and still have money left.
@chrislastnam6822
@chrislastnam6822 Ай бұрын
A recent article in the Wall Street Journal said that 2.9 million people in this country live in their cars. Another 30 million are living in trailers.
@KayFabe87
@KayFabe87 Ай бұрын
And yet we have opened our southern border to 10 million “newcomers” who have no way of supporting themselves. Completely unsustainable (by design).
@supernova11711
@supernova11711 10 күн бұрын
You can’t compare living in your car to a trailer lol. Trailers can be quite nice and, obviously, you still have all of the regular things any other home has that your car doesn’t.
@chrislastnam6822
@chrislastnam6822 10 күн бұрын
@@KayFabe87 speaker Johnson says it's 16 million and Trump says it's 15 million. The population of los Angeles is 4,000,000.
@karlburmeister1552
@karlburmeister1552 8 күн бұрын
Damn, that's 10% of the US population. I predict that it will double in the next few years. Hoovervilles all over again. Maybe we'll call them Bidendales.
@supernova11711
@supernova11711 8 күн бұрын
@@karlburmeister1552 Bidinions 😂
@MuzicTunes-lk6np
@MuzicTunes-lk6np Ай бұрын
I own a condo & it was paid off 13 years ago. I'm constantly getting investors wanting to buy my unit even though I never put it up for sale. I tell them all I can't afford to start paying rent somewhere else, especially now when rent is out of control. I don't want to wind up in the streets.😢
@gr8macaw1
@gr8macaw1 Ай бұрын
Same here with my little 1950’s house, I’m constantly pestered by those corporate landowners looking for more property to buy. I would never sell to those people ☹️🤑🤮
@MuzicTunes-lk6np
@MuzicTunes-lk6np Ай бұрын
@@gr8macaw1 they're worse than telemarketers. They don't even want to pay me what I bought it back in 1984. The money they offer will only cover 2 years of rent in an apartment. Then, I will have to continue to pay high rent for the rest of my life. 😟
@wxxw-pc7qq
@wxxw-pc7qq Ай бұрын
Those are scammers looking for a victim, there are plenty of houses listed for sale
@kylemcgowan1
@kylemcgowan1 Ай бұрын
Quality of life has dropped a lot in the last 25 to 35 years. Can I time travel back to 1950 please?
@Viperauora
@Viperauora Ай бұрын
No.
@brianpereira7483
@brianpereira7483 Ай бұрын
1971 when gold decoupled from the currency, thats when it started
@prettynatural1973
@prettynatural1973 Ай бұрын
Not if you black no thanks
@gstreitenberger
@gstreitenberger Ай бұрын
In the 1980s I made 40 gs a year bought a very nice house for 80 gs. 2024 make 150,000 a year buy a house for 300,000. ? Maybe an entry level 1000 sq ft in the country. May a condo for 450,000 gs? Let’s face it home ownership denied.
@drbassface
@drbassface Ай бұрын
Yeah, without all the Nicotine….lol
@genxx2724
@genxx2724 Ай бұрын
I went to a fast food drive-through today. There was a man there, working hammering new rebar into an area where they had torn out some concrete. He was white and retirement age. I rolled down my window and jokingly said, “There aren’t any young guys capable of doing this work?” He replied, “There are, but they won’t come out and work with me.“
@RG-hf4et
@RG-hf4et Ай бұрын
He is probably a small self employed business man who & has been struggling to get workers like my dad always struggled with with his small construction business.
@Teramyr
@Teramyr Ай бұрын
Why would you want a job that pays so low you'll have to work into retirement?
@highbrass3749
@highbrass3749 Ай бұрын
To be fair, he probably meant they won’t come out and work for ten bucks an hour. Which is probably what he got paid when he started 40 years ago.
@lisahertel2415
@lisahertel2415 Ай бұрын
There really aren’t. You don’t get capability sitting in mom’s basement forever
@lisahertel2415
@lisahertel2415 Ай бұрын
@@highbrass3749that’s not being fair. You’re wrong
@Perro_salvaje_
@Perro_salvaje_ Ай бұрын
Who pays 7k to rent a house? Now imagen 15k, that owner is out of his mind.
@jami7772
@jami7772 Ай бұрын
Deluded and crazy for that house
@BM_100
@BM_100 Ай бұрын
In Florida condo owners are trying to rent out 2 bedroom condos for $4000 a month
@Perro_salvaje_
@Perro_salvaje_ Ай бұрын
@@BM_100 wow, thats insane! And I thought a $1800 mortgage was too much here in Dallas.
@Cooper127
@Cooper127 Ай бұрын
Couldn’t agree more. There must be some really dumb people or really wealthy 🤔🤔🤔
@shadowfilm7980
@shadowfilm7980 Ай бұрын
“A legend in his own mind”.
@karlpetzing525
@karlpetzing525 Ай бұрын
One of the initial signs of the depression of the 30's was homelessness. I wonder what year they looked back and said it started then.
@ronlarson6530
@ronlarson6530 Ай бұрын
And Hooverville's Sprung up everywhere! Coming Soon: Bidenville's 😢 Seattle's was from 1929 to 1941
@sierrasky2491
@sierrasky2491 Ай бұрын
1929 7 years to recover your savings 15 years to completely recover. Something like that
@gregorylyon1004
@gregorylyon1004 Ай бұрын
The depression is coming again
@jimcrawford3185
@jimcrawford3185 Ай бұрын
​@@sierrasky2491 I think the recovery date was 1954
@sierrasky2491
@sierrasky2491 Ай бұрын
@@gregorylyon1004 you may be right
@endofsociety
@endofsociety Ай бұрын
Wanna know what burns me? I see a ton of "luxury" apts being built, but no affordable housing going up at all here in swfl. For what they call a studio, the average is around 1450-1500 a month. (Depending on what area, could be up to 2k) Not bad right? Well, that doesn't include fees for garbage pickup, mandatory renters insurance, water and sewer, and electric that the renter is responsible for dishing out in addition to the rent. I personally know that those places stay half empty all year round because I visit them weekly and talk to the people there. I'm friendly with them. Locals cannot afford those rents. They just can't. Now more are being built. Why?
@user-ii3vn8tn3q
@user-ii3vn8tn3q Ай бұрын
Federal poverty level is $15,060. There are seniors living on ALOT less social security. Our seniors, in their cars and on the streets because social security doesn't have to meet minimum poverty level
@barefootincactus
@barefootincactus 16 күн бұрын
This is true
@keilana6
@keilana6 9 күн бұрын
Below poverty after all deductions & monthly needs.
@robertlaird6746
@robertlaird6746 Ай бұрын
Since my primary home isn't finished, I chose not to insure it. I'm building it out of pocket with no debt. If I were to insure it which is almost impossible when your building it without a loan, than the insurance companies wouldn't really pay out if something like a fire were to happen. It's the fine print in what you sign so why bother and pay for nothing. Insurance companies are a big rip off and pay out much less than your home is worth just like your automobile.
@je862
@je862 Ай бұрын
That's a smart thing to do! You're exactly right in saying they're a big rip off.
@debbiec6216
@debbiec6216 Ай бұрын
That's exactly what we did in our first home, we remodeled it , while living in it . It wasn't a huge home at all , but it was a very good home . And personally I wouldn't like living in a huge home , I am more comfortable in an average home . I am not here to impress anyone. I live within or below my means , just NOT above my means. I don't live like the JONESES , we have Joneses living next door from us now . They have everything , and I say good for them. I don't want to be debt , not the best feeling . We are debt free and going to stay that way. When we sold our first home , we recieved a huge Profit on our first home ( because it was paid off ) , and took that money Profit and bought this home and end up paying it off. At this time , homes were cheaper than they are now . After Covid 2020 , homes here now , starting $480,000 - $600K , before Covid $175K , see the differences? I would NEVER buy a home costing $480K or more . It's called Price Gouging !!!
@robertlaird6746
@robertlaird6746 Ай бұрын
@@debbiec6216 Did you have to pay excise tax when you sold your first home or was the second home more expensive than the first so that you avoided the excise tax? How can you avoid paying the excise tax if your building the home yourself and decide to sell it when done and purchase another raw piece of land and build another home? That's what I want to do with my primary residence. I've never just sold a place and cashed out before. I'm a carpenter and purchase raw land and develop it. Then I keep it for rental income.
@handleyobusiness
@handleyobusiness Ай бұрын
@@robertlaird6746 My father once said, “Insurance companies don’t want to pay you even though it’s their job to pay you.” I knew right then that insurance is a scam lol.
@karenhaggard7094
@karenhaggard7094 Ай бұрын
In My neighborhood in Aberdeen WA, every other house has a camper or RV in the driveway housing friends or family.
@ledzep3692
@ledzep3692 Ай бұрын
I lived in my Jeep for nearly three years from September of 2019 till July of 2022 with my pets. My credit score was too low to qualify for an apartment, so I said eff it and I traveled all over the country. I found Florida to be too damn hot, therefore I only spent one night there. I was devastated when a red light runner totaled my Jeep in June of 2022 in Colorado. I was in the process of finding an apartment after bringing my credit score up and I was waiting to hear back from Apartment manager to see if I got the apartment. Luckily I was approved for the apartment right before I had to return the rental Jeep. Then I had to wait a year to finally buy another vehicle because of the over inflated car prices. Basically you can have a 60k in the bank and still not qualify for a cheap apartment if your credit score is too low and your income isn't 3x the rent.
@JBoy340a
@JBoy340a Ай бұрын
Yep. Had same issue in the 80s. Ended up crashing on a couch.
@user-jl8yy5ir7s
@user-jl8yy5ir7s Ай бұрын
Travel work. Find a company that pays per diem for motels and food. You can save a lot and retire in your 40s!
@ukulelebutterfly
@ukulelebutterfly Ай бұрын
Yep. ~ 🦋
@censoredeveryday3320
@censoredeveryday3320 29 күн бұрын
Register an out of state LLC and pay yourself a salary using a real payroll software. Print them out and use that as proof income. I made a passable website for the business. Helps to have good credit too
@SunofYork
@SunofYork 28 күн бұрын
@@censoredeveryday3320 That is called fraud. pack A toothbrush
@matthewnewhouse9695
@matthewnewhouse9695 Ай бұрын
While we have trillionares ,making there fortune off the backs of the workers who cant afford to live. Very shamefull
@ihave35cents95
@ihave35cents95 Ай бұрын
When is the last time you employed someone?
@nothanks9503
@nothanks9503 29 күн бұрын
800 people with 80% of the money
@JackMorgan_RLP
@JackMorgan_RLP Ай бұрын
I lived in a ford fusion once … it was cool for about a week lol
@JK-td4hi
@JK-td4hi Ай бұрын
Did you at least keep that hair looking good
@Whistler326
@Whistler326 Ай бұрын
Thats a fact.....and if people watch your channel, they would know your not lying!!! Big Fan of your side hustle!!! Keep up the good work yourself!!
@JaredMerlin
@JaredMerlin Ай бұрын
My mother's homeowner's insurance premium in Lakeland, FL was $2,100+. The NEW premium, is now $5,700+. Plus, her car insurance went up, her mortgage, her property taxes. She's on a fixed income. We are currently looking for a mobile home community, she can no longer afford to live here in her 55+ community. I hate Florida. I wish we could go back to New England but the only state she can afford, is New Hampshire.
@loisaustin6200
@loisaustin6200 Ай бұрын
New Hampshire would be a great place to live, bad winters but if your mom is like me, she is not out and about as much as she used to be as a retiree and enjoys just staying home most of the time. I love winter and like to hibernate. Awful that everything has become so high it is getting impossible to just live.
@hcox1111
@hcox1111 Ай бұрын
West Virginia is cheap
@loisaustin6200
@loisaustin6200 Ай бұрын
@@hcox1111 WVA is beautiful too, problem is the house and apartment inventory is very low, hard to find very many places there.
@hcox1111
@hcox1111 Ай бұрын
@@loisaustin6200 Go back in the hollers and ask who owns the best looking abandoned houses. You can rent one for cheap because the owner is probably just wanting the taxes paid and someone to keep the place livable.
@brianmatthews4149
@brianmatthews4149 Ай бұрын
Head to Virginia
@renegadetenor
@renegadetenor Ай бұрын
I got out of Denver, by taking a job that pays for my hotel and transportation-- No rent/mortgage/utilities, no car expense. Not high-paying, but rather high-saving. Other debts eliminated, and saving 75% of income. Only works for a solitary man like me though, probably.
@TheWolferinDenver
@TheWolferinDenver Ай бұрын
$1400/mo for 1 bdrm in Denver right now is about the minimum with some exceptions. But that's commonplace now. That's ridiculous. Denver isn't N.Y. it's still a pretty small city.
@censoredeveryday3320
@censoredeveryday3320 29 күн бұрын
@@TheWolferinDenver Most are $2000/mo with $2000 deposit, 3x proof of income, full criminal check, $500 pet deposit, fees for every monthly rent payment, parking fee, and proof of renters insurance. But the migrants get to live in Denver for free with free food and healthcare.
@TheWolferinDenver
@TheWolferinDenver 29 күн бұрын
@@censoredeveryday3320 OH I know.
@keilana6
@keilana6 9 күн бұрын
​@@censoredeveryday3320Hate that greed is allowed to rob us of liberty & time to enjoy life a little bit.
@opencarry3860
@opencarry3860 Ай бұрын
"Living in a van down by the river." Chris Farley.
@jamesgibson4100
@jamesgibson4100 Ай бұрын
Who in their right mind would make a substantial purchase, such as a home, in today's financial environment? It would be insane.
@calikidd80
@calikidd80 Ай бұрын
People that need a place to live would be my guess.
@user-jl8yy5ir7s
@user-jl8yy5ir7s Ай бұрын
And if they bought with 20% down, that's 5:1 leverage! Really stupid. If they need basic place to live, better to relocate away from tourist areas and wealthy retirement areas. Rent a 1 bedroom apartment or a mobile home in a rural area.
@censoredeveryday3320
@censoredeveryday3320 29 күн бұрын
Are you saying I should wait and buy later? I don't see prices going down anytime soon because there is a shortage of housing. I'm still seeing properties selling at record prices even in the midwest. Realtors are marking up houses to ridiculous prices to see if people will pay it.
@alisummers7984
@alisummers7984 7 күн бұрын
I purchased a home- last winter- I live in Indiana- prices are still rising- I got divorced and moved into an apartment for 6 months- then found a newer townhome- bought it with 20% down- my rate is 6%- not great- but still lower than when I bought my first home in 2000- my mortgage was only $60 more than my rent on a one bedroom- I don’t see prices going lower in my area- we have many Illinois transplants moving to where I live, continuing to drive up the prices.. I do rent out one of my bedrooms to a friend for extra money.
@alyross2850
@alyross2850 10 сағат бұрын
People who expect it be bailed out when they can’t afford it.
@jonmurphy776
@jonmurphy776 Ай бұрын
And yet Powell and Yellen can keep a straight face!😂
@debbiec6216
@debbiec6216 Ай бұрын
And they are living in their MILLIONS AND MILLIONS OF DOLLAR MANSIONS.
@johnnyx9892
@johnnyx9892 Ай бұрын
of course. They ain't hurting
@bernaclischurchill4463
@bernaclischurchill4463 Ай бұрын
Rand, McConnell are also not hurting, neither is D Trump, DeSantis, or Pence.
@HillyBill38548
@HillyBill38548 Ай бұрын
@@bernaclischurchill4463 Neither are the Biden’s Pelosi’s Schumer’s Obama’s Clinton’s. The only difference is Trump made his money not in office.
@AstonM6
@AstonM6 Ай бұрын
Having just tried to take a few short naps in a car, I've had people mess with me. I can't imagine how scary it would be to live in a car.
@truthseeker1959
@truthseeker1959 Ай бұрын
What, are they panhandlers looking for a handout?
@kaptainwarp
@kaptainwarp Ай бұрын
Usually people trying to help. People love to help.
@solomongrundy1467
@solomongrundy1467 Ай бұрын
If I ever have to live in a vehicle I'll need a van because of the extra room to sleep comfortably. I'd put a twin size air mattress in there and other basic necessities.
@barefootincactus
@barefootincactus 16 күн бұрын
I’m old, been doing it seven years. It’s not scary at all.
@nobodyatall7039
@nobodyatall7039 8 сағат бұрын
I've lived in my car for four years and have only had a small handful of strange incidents with creepers. They run really fast when I show them my Glock.
@benjohnson7950
@benjohnson7950 13 күн бұрын
I think living out of your car is a brilliant idea if you're frugal. Talk about beating the system; despite the lack of comfort, you'll save 70% of your monthly income. You just gave yourself an enormous raise: no rent, no mortgage, build your credit, pay off your debts. What will you be paying for? Cellphone, p.o. box, car insurance, car payment and gym membership to bathe, shave, work out. Sadly, you can't do this if you have kids. Car living is a great solution for high school graduates who have no suggestion for a career. You're not homeless with a roof over your head and transportation. Go get a night shift position as a security guard and you'll be off every day including weekends and holidays while at the same time working forty hours a week. I'm 53 and wish I was in tune to this back in 1989. 😢
@meateater4life551
@meateater4life551 Ай бұрын
I don't think I could live in a car, but I could in a van. I'm a minimalist and living in small spaces fits me just fine. But, my 700 sq ft house is all paid off and I don't plan on living in a van down by the river anytime soon.
@MR..181
@MR..181 Ай бұрын
So no hoa thieves attached?
@markme4
@markme4 Ай бұрын
Doesn't sound very hygienic
@jkmarshall3553
@jkmarshall3553 Ай бұрын
But it would be "waterfront"!
@meateater4life551
@meateater4life551 Ай бұрын
@@MR..181 Nope.
@meateater4life551
@meateater4life551 Ай бұрын
@@jkmarshall3553 True, but I do live 200 yards from a lake, close enough for me.
@chiefenumclaw7960
@chiefenumclaw7960 Ай бұрын
It's not being homeless... It's fabulous VANLIFE... I'm on an ADVENTURE! Sure, I sleep in a Wal-Mart parking lot, but that's just the price of being free.
@riverraven7359
@riverraven7359 Ай бұрын
Sounds like a tiktok influencer
@fabianschneider5992
@fabianschneider5992 Ай бұрын
Humans like to speak their poor life beautiful!
@charleshart5563
@charleshart5563 Ай бұрын
Honestly I would do it and park the van in my employers parking lot. F it can save bunch of money since I'm only home to sleep anyway.
@chiefenumclaw7960
@chiefenumclaw7960 Ай бұрын
@@charleshart5563 I would do it too, if it weren't for the fact that sleeping in your car is practically ILLEGAL in most parts of the country. The cops are going to treat you like a criminal until they turn you into one.
@debbiec6216
@debbiec6216 Ай бұрын
@@indepthmike5578 This has been going on for years. You just now hear more about it . Have you ever watched People traveling around The USA in their Rv's and making their money from subscribers , Viewers, Super chat , merchandise , etcc , They make $$$$$$ per month.
@realguitarthur
@realguitarthur Ай бұрын
Wife and I sold our townhouse in 2020 and built a tiny house on wheels. We just realized that we didn't need a lot of unused space or the death pledge (literally mortgage) anymore. We have a spot on a lake and have never been happier! We are also having a van converted now. I tell all our friends that all of our homes will be on wheels. I will never own property that has improvements ever again.
@gregorylyon1004
@gregorylyon1004 Ай бұрын
And I'm certain that you made a heafty profit on the house sale
@realguitarthur
@realguitarthur Ай бұрын
@@gregorylyon1004 It was decent enough my friend.
@lisahertel2415
@lisahertel2415 Ай бұрын
Most cant do what you did. Id love to, but don’t have the money
@eddiekulp1241
@eddiekulp1241 Ай бұрын
You built a trailer
@realguitarthur
@realguitarthur Ай бұрын
@@eddiekulp1241 Gooseneck hitch.
@jessieo2953
@jessieo2953 Ай бұрын
I live in the space Coast area of Florida and my mortgage went up 80% last October, due to insurance and my home's value catching up to itself. This home was bought in the summer of 2022. I remember feeling as if we were tricked. Luckily we keep our bills extremely low and were able to absorb the impact. However I can ABSOLUTELY see how people are getting screwed in all kinds of ways. Best of luck, great video.
@carolbagwell6769
@carolbagwell6769 Ай бұрын
In 2002 or so, there were many homes for sale around $25000 in Titusville. that was right around the time a factory or plant closed. I should have bought one. 🤔
@michaelchurch1477
@michaelchurch1477 Ай бұрын
In modern society, a home address is required for banking, vehicle registration and insurance. I lived in my van from 2017 until 2020. I was a legal resident of South Dakota and still had my bank account and credit card cancelled. I had been a customer with the bank for 35 years. People living in their cars are going to face this problem eventually, although I suspect many are just using the address of family members. This is not technicaly legal, but it works.
@Stall-FedCalves
@Stall-FedCalves Ай бұрын
Will you please elaborate on your bank account being canceled? How exactly did that come about? Why would a bank close your Checking account?
@michaelchurch1477
@michaelchurch1477 Ай бұрын
@@Stall-FedCalves I got a letter from my bank stating that my address was not valid and that my accounts were being closed under the provisions of the Patriot Act. At the time I had a PMB (Personal Mail Box) with a company called American's Mailbox, which South Dakota accepts as a legal address. I was able to get a driver's license, register my van and was even registered to vote. I contacted my bank (USAA) and thought I had it worked out, but 30 days later they closed my accounts and mailed a check to my mailbox. Luckily, I had a few thousand dollars in cash to get me to my Mother's house in Georgia. I used her address until I moved to my current place in Las Vegas. The whole ordeal was very stressful. I am retired military and even the Army had no problem with that address, just the bank.
@michaelchurch1477
@michaelchurch1477 Ай бұрын
@@Stall-FedCalves I can't see my reply Is it visible?
@michaelchurch1477
@michaelchurch1477 Ай бұрын
My original reply seems to be getting censored. Here it is again, just in case. - I got a letter from my bank stating that my address was not valid and that my accounts were being closed under the provisions of the Patriot Act. At the time I had a PMB (Personal Mail Box) with a company called American's Mailbox, which South Dakota accepts as a legal address. I was able to get a driver's license, register my van and was even registered to vote. I contacted my bank (USAA) and thought I had it worked out, but 30 days later they closed my accounts and mailed a check to my mailbox. Luckily, I had a few thousand dollars in cash to get me to my Mother's house in Georgia. I used her address until I moved to my current place in Las Vegas. The whole ordeal was very stressful. I am retired military and even the Army had no problem with that address, just the bank.
@Stall-FedCalves
@Stall-FedCalves Ай бұрын
@@michaelchurch1477 Wow. Ya, people keep telling me to get a PO Box, but I know that won't fly. I just keep using whatever my last address was until I get a new one. Good to know though. Thank you for sharing the information.
@xxviixxvii5585
@xxviixxvii5585 Ай бұрын
I have become a slave to my house! That’s absolutely correct!
@kellybrandon1179
@kellybrandon1179 Ай бұрын
And city
@adamsnelson4689
@adamsnelson4689 Ай бұрын
There is a reason why a mortgage is called ~ Death Pledge
@Joe-no7gs
@Joe-no7gs Ай бұрын
Maybe you bought something you couldn't afford. Several times....
@gregorylyon1004
@gregorylyon1004 Ай бұрын
Then sell it
@jimcrawford3185
@jimcrawford3185 Ай бұрын
I guess that makes your house a prison
@ninaeverest2520
@ninaeverest2520 Ай бұрын
I was homeless, did drugs, went into prison , where I got to know God. He changed my life. Now I have a home, a husband and a lovely daughter (Zoe), and a stream of income that gets me $27,000 Weekly. Plus a new identity - a child of God. Hallelujah!!!
@Chandlerduke
@Chandlerduke Ай бұрын
Wow! What a testimony
@Chandlerduke
@Chandlerduke Ай бұрын
I'm genuinely curious to know how you earn that much weekly
@ninaeverest2520
@ninaeverest2520 Ай бұрын
Big thanks to Elizabeth Marie Hawley
@ninaeverest2520
@ninaeverest2520 Ай бұрын
She's a licensed broker here in the states 🇺🇸
@ninaeverest2520
@ninaeverest2520 Ай бұрын
Her top notch guidance and expertise on digital market changed the game for me
@mikexerov976
@mikexerov976 Ай бұрын
Well, when the gov't was throwing money from helicopter during pandemic and after, everybody was so happy. Well, there is no free lunch in this world, folks! Time to pay!
@larryd4110
@larryd4110 Ай бұрын
Mike, you keep hitting it out of the park! Keep up the videos!
@cyyber1
@cyyber1 Ай бұрын
Just got my insurance renewal in TX and it went from 1500 to over 4000
@CarnivoreStork
@CarnivoreStork Ай бұрын
😳😳😳
@deep6301
@deep6301 Ай бұрын
Oh no😮
@Joe-no7gs
@Joe-no7gs Ай бұрын
Maybe drive better? Sounds like you into an accident or had a dui. My insurance has gone down over the last several years....
@queserasera1674
@queserasera1674 Ай бұрын
​@Joe-no7gs I think he's talking about home insurance, not car.
@cyyber1
@cyyber1 Ай бұрын
@@Joe-no7gs talking about my home insurance
@user-ol5rj8qn9o
@user-ol5rj8qn9o Ай бұрын
You speak the truth Mike. I'd rather watch your videos about the economy and home/rental situation than any of the garbage on the 6 o'clock news.
@OldsmobileCutlassSupremeConver
@OldsmobileCutlassSupremeConver Ай бұрын
I have spent a small amount of time in Florida, it's too hot to stay in a car.
@s99614
@s99614 Ай бұрын
Even here in the Northeast you would bake in a car in the summer.
@richardface8664
@richardface8664 Ай бұрын
You can in the winter months, but dew points of 75F at night arent too cool
@davidlea-smith4747
@davidlea-smith4747 Ай бұрын
My house insurance in the UK is £187 per year and it went down by £41 from last year. You have my sympathy.
@alarmactionukalarmactionuk893
@alarmactionukalarmactionuk893 8 күн бұрын
Oh it'll be our turn next, just wait and see!
@frankiebflat5728
@frankiebflat5728 Ай бұрын
$400 a month for house insurance that’s it. I’m moving to Cambodia. Thank you, Mike.
@chrisbaker2669
@chrisbaker2669 Ай бұрын
You are really lucky to have Ron Desantis as your governor with him putting in ways to get rid of squatters, and to arrest people shop lifting. When I watch your walks I see no homeless people on the street. I have disaster in the governor office with Gavin Newsom in California.
@jonathanjacques7250
@jonathanjacques7250 Ай бұрын
Amen
@brianmatthews4149
@brianmatthews4149 Ай бұрын
Wish trump would pick him for the v.p.
@Francisco-po1cf
@Francisco-po1cf Ай бұрын
I know someone who gave up on homeownership after waiting for 4 years for the crash.
@shirtlesslager
@shirtlesslager Ай бұрын
no crash coming
@jonathanjacques7250
@jonathanjacques7250 Ай бұрын
Alot of people waited and are still waiting.
@suburbia8831
@suburbia8831 Ай бұрын
I used to live in Florida back in the day before 2008 so fl was affordable place to live, but I left Florida about three years ago. It’s a mess now…
@francismarion6400
@francismarion6400 Ай бұрын
Never had a better Governor though!
@debbiec6216
@debbiec6216 Ай бұрын
@@francismarion6400 ALL governors in The USA needs to be like DeSantis !!! And he's a young governor , our governor needs to be out asap, he's not doing this state any good .
@Joe-no7gs
@Joe-no7gs Ай бұрын
@francis hey you're on to something! Maybe politics is rather ineffective and doesn't matter!
@francismarion6400
@francismarion6400 Ай бұрын
@Joe-no7gs Politics and agenda caused the Pandemic >lockdowns >inflation. Do you live under a rock?
@francismarion6400
@francismarion6400 Ай бұрын
@@Joe-no7gs The UN agenda is what matters and who wants to go against it.
@lisapolanski9379
@lisapolanski9379 Ай бұрын
There used to be former motels in downtown areas or older beach towns that people on fixed incomes could live in by the month and that was better for people than living in their car. So many of those motels have been remodeled and turned into boutique hotels. There aren't any flophouses left for people. There should be some funding to fix up some of the abandoned buildings of this kind off Route 66 or other highways and turn them into cheap rentals for people who have no other options.
@rockpadstudios
@rockpadstudios Ай бұрын
I lived in my RV for almost 2 years in CA and there were a lot that were doing it for years. Many older people that didn't have a choice. I went back last summer to pick my RV up and the numbers were even higher. One guy was ruined by a divorce and was recovering from knee surgery ay 65. AZ campsites were full on full timers. Quartzite has 1000's.
@JBoy340a
@JBoy340a Ай бұрын
I knew people that lived in campsites in the 90s. Especially in the desert areas it is not too bad.
@brianmatthews4149
@brianmatthews4149 Ай бұрын
Slab city is growing.
@charlesmitchell5841
@charlesmitchell5841 Ай бұрын
When does the bough break, when does the cradle fall? There is a reason why greed is one of the 7 deadly sins.
@francismarion6400
@francismarion6400 Ай бұрын
It's greed by UN design.
@jhannon9495
@jhannon9495 Ай бұрын
I don't know. Wishing for a better future soon.
@francismarion6400
@francismarion6400 Ай бұрын
Thou shalt not covet they neighbors goods.
@truthseeker1959
@truthseeker1959 Ай бұрын
Soon. VERY soon. 😳
@nickpapas4397
@nickpapas4397 Ай бұрын
If your being told you are Doom and Gloom in your thinking - well then welcome to the dark side!. I AGREE WITH EVERYTHING YOU SAY! People need to open their eyes up!
@blackworldtraveler3711
@blackworldtraveler3711 Ай бұрын
I just munch on popcorn.
@yanetcortes2437
@yanetcortes2437 Ай бұрын
I’m a travel nurse RN, but I live in south Fl miami lakes , i pay $2,720 for 1 bed apart they called it luxury condo , miami is a nightmare !!extremely expensive , after 9 years in Fl we decided to go back to Las Vegas !! 1 bed Apartm in a beautiful area $1,200!! my agency pay me housing , millage, bonus for gas etc so we are travel nurses relocating to Vegas , bye bye miami , will come often to see family and vacation .
@Resmith18SR
@Resmith18SR Ай бұрын
Having lived in Vegas for many years the crime rate there is very high.
@jackiefeliciano7186
@jackiefeliciano7186 Ай бұрын
Smart move. It's becoming ridiculous here. If I left south FL , I would not miss it at all.
@jonathanjacques7250
@jonathanjacques7250 Ай бұрын
Smart
@brianmatthews4149
@brianmatthews4149 Ай бұрын
Smart move.
@cicicorleo
@cicicorleo Ай бұрын
Wow Miami lakes use to be an affordable hidden gem.
@damirzanne
@damirzanne Ай бұрын
I don’t have any of those problems , I live in a nice 36’ camper , 3 slide outs , 2 bedrooms , set at the nice campgrounds with swimming pool , basketball course etc … and I pay $700 monthly including all utilities plus wifi internet … no taxes , no insurances , no HOA fees , nothing … been here since 2014 , and I love it , I will never own another house in my life … not because I can’t , but because I choose not too …
@goldenwarrior5664
@goldenwarrior5664 Ай бұрын
I rather live in a van than a mortgage, power ,insurance and upkeep
@JBoy340a
@JBoy340a Ай бұрын
Michael mentioned people making this choice rather than being a slave to a house.
@SunofYork
@SunofYork 28 күн бұрын
@@JBoy340a Getting attacked every night by other losers ?
@Gromitdog1
@Gromitdog1 Ай бұрын
Some of those vanlife vans are super nice. Why pay ridiculous rent and be treated like shit subject to the whims of a psychopath when you can be mobile and comfortable and move somewhere else when the urge hits.
@michellebeuter1871
@michellebeuter1871 Ай бұрын
I see that as my retirement years! Free to roam and not have to stay in one spot!
@MR..181
@MR..181 Ай бұрын
Cops?
@86Framer
@86Framer Ай бұрын
Vanlife has serious downsides like having to take dumps into plastic bags inside of a small box with your partner and all of your dirty laundry inside of it too.
@je862
@je862 Ай бұрын
@@86Framer lol! true!
@je862
@je862 Ай бұрын
lol! 'the whims of a psychopath'......so true!
@dianabythebeach
@dianabythebeach Ай бұрын
I grab a 99cent senior coffee at McD and take it to the park after grocery shopping. I stay in my car, open the sunroof and relax watching the ducks. No parking lot..only street parking. Not one space was available on any of the 4 streets that surround and face the park. Almost all were taken by van/ vehicle living people. They busy themselves organizing and cleaning out their vans, etc etc. The police will come by and move them along if need be. The parking has big shade trees so is a popular spot for people living in vehicles. I circled the park 3 times then gave up. Just the way life is here in So. CA...and many, many towns in US. .
@ukulelebutterfly
@ukulelebutterfly Ай бұрын
I found all 3 shade trees 🌳 on the island 🏝!!! Gotta know what time to get there! 😊 ~ 🦋
@MichigantoFlorida
@MichigantoFlorida Ай бұрын
Good evening Michael, Always spot on, great content. In SE MI We pay $1200.00 per year for a 400K home. That's why we just visit FL.
@davidframe1613
@davidframe1613 Ай бұрын
And don't let the car insurance find out you're living in your car or they will drop your insurance. That's not what car insurance is for, you could always get your minivan registered as an RV with the state, some states will allow which will drop your insurance way down but I think you're still not supposed to be living in it with regular RV insurance. I think there's a price difference for a full-time and part-time RV living.
@davidandrich6100
@davidandrich6100 Ай бұрын
What about the repair bills on a house. My house is paid for but the repairs on this is starting to eat away at the Wallet.
@deep6301
@deep6301 Ай бұрын
Yes, I am putting them off. I live inside my house so the outside can wait.
@Joe-no7gs
@Joe-no7gs Ай бұрын
Just part of owning home.
@unnamable465
@unnamable465 Ай бұрын
Try trading someone something for work in the house?
@frankcorrea8691
@frankcorrea8691 Ай бұрын
​@@Joe-no7gshome repairs, new roof mow lawn repair fence, cut down trees by order from the city paint house, garage door broken water main broke plumbing issues electric rewiring of house here in Texas house needs foundation work ,termite problems rat an cockroach infestation, sewer line backed up, it goes on and on and on and you are the responsible one to take care of it$$$$$$ no vacation money snd lazy family members that won't contribute seen it, yea a van sounds optional@😅
@richardface8664
@richardface8664 Ай бұрын
Endless money pit
@ironmike7339
@ironmike7339 Ай бұрын
Why the hell would someone affording to pay $4000/ week for a rental even be renting ? These extreme housing prices and rents are going to be impossible to maintain in this collapsing economy !
@PCZ730
@PCZ730 Ай бұрын
The cost of greed.
@AchillesNYC
@AchillesNYC Ай бұрын
Bruh, this has been going on since 2008 (probably earlier) in big cities like NYC and LA. Just youtube "van life" or "car life". Millennials have been doing this because they have no other option. Boomers have no excuse, and even some of them have to live in their cars (squandered all their money away).
@greensandbeansgaming1358
@greensandbeansgaming1358 Ай бұрын
Vanlife is getting huge. People don't want to spend their time and money on property in this short life we have. They want to travel and create experiences. I watch a lot of interviews and they all say the same thing, they did it because of money but if they knew how much they enjoyed it they would of did it long ago.
@gregorylyon1004
@gregorylyon1004 Ай бұрын
Van life is expensive
@greensandbeansgaming1358
@greensandbeansgaming1358 Ай бұрын
@gregorylyon1004 These people use small vans and suvs. They can stealth Park anywhere.
@user-wp3cy3fl2j
@user-wp3cy3fl2j Ай бұрын
Florida and California are just overcrowded states. There's plenty of good, affordable housing and jobs all over the county. The answer if simple, some people have to move and live elsewhere.
@nothanks9503
@nothanks9503 29 күн бұрын
People can’t afford to move
@MB-xv7er
@MB-xv7er 27 күн бұрын
There’s not a lot of jobs around the country hence why this is a common issue in each state
@keilana6
@keilana6 9 күн бұрын
But kind of stuck if you don’t have respurces to move
@user-wp3cy3fl2j
@user-wp3cy3fl2j 9 күн бұрын
@@keilana6 Currently 8.5 million job openings around the country, so there's plenty of jobs out there. In the past people moved to where the jobs are, now people don't want to move, they just stay where they are and complain they can't find a job.
@misyallusion5694
@misyallusion5694 Ай бұрын
It's sad that you finally pay off your morgage, retire, and you can barely live because of the cost of food & water & electric & home owners insurance; and they keep raising the taxes, and giving us less for it. I don't know about other towns, but in Port St. Lucie we are paying the same for garbage pickup, but now the pickup went to 1x a week. Now there are flies all over the place, you can't open a door up without getting them in the house. It's so sad that a state that was considered "Paradise" is starting to become more & more like California. I keep hoping that DeSantis will do something, but his mind is on other things obviously.
@gregorylyon1004
@gregorylyon1004 Ай бұрын
I worked in Port St. Lousy about 25 years ago. I seen 1 acre lots along A1A for $100K dollars per lot. Building sites. LOL. I went back to Michigan
@misyallusion5694
@misyallusion5694 Ай бұрын
@@gregorylyon1004 , exactly it's ridicuous, we bought our lot for $4000 dollars, & that was expensive, there were lots for $2500 all over the place. But I wanted a lot that had other houses on the street.
@fredhenry426
@fredhenry426 Ай бұрын
Mihael, you are a realists!! 👍 Honesty, tell like it is. Viewers definitely need the truth & facts. Wokes & snowflakes need to face it.
@zippythechicken
@zippythechicken Ай бұрын
It has always been the case that once you are an adult if you get a good job and save a down payment by living with your parents for a couple years you can drop your mortgage to a level you can afford. Working should start in your teens and when you become an adult you take an adult job. Not retail shelf stocking, not selling coffee but a job that requires a skill.
@caradelatorre7710
@caradelatorre7710 26 күн бұрын
I sorry but the job market is not always that easy especial with tech improving so much that I may take the mid level office jobs a way. Also if to many people go into the trades then even those wage will come down then how many people will struggle. Do you realize the unions keep wages high by only letting a certain amount of people join a year. Other jobs like medical jobs that are not being an Md pay well but cost about $10,000 for tuition the books are another 300 a quarter and going up. You also have keep a 3.0 all the way through the program. I have heard a lot student nurses in the past say I hope this test is a leat a B or will get knock out of the program. Meanwhile these are full time 8 to 3pm programs and at best a student can maybe work 15 hours a week enough for food and transit. If the economy is headed for recession construction is the first layoff.
@zippythechicken
@zippythechicken 25 күн бұрын
​@@caradelatorre7710 here is the thing I have done it and I know a lot of people who have done it... I paid my way through school with a car, a phone and zero debt on the other side of it. I had a credit card when I was 18 and i have never kept a balance on it longer than one month... I have never had a car loan or a school loan or a home loan.. I don't buy what I can't pay for I don't cry about it i just get the money to pay for it and then i buy it. I am not going to take out loans that make me pay 3x-5x what the cost of what I want is. If you don't make it no one will care and if you don't care no one will
@rhondae8222
@rhondae8222 Ай бұрын
Great content. Thanks for sharing what's happening with our U.S. economy.
@EnufAlrdy909
@EnufAlrdy909 Ай бұрын
Yikes!! $4500 per year is a ripoff on a $300k house. My home is over $300k and my insurance is $675 per year, which is too high!! It was under $550 last year!
@Cozydrone
@Cozydrone Ай бұрын
I knew a guy from work who lived in a van down by the river and was thrice divorced.this is true and sad 😢😮.
@harryholiday5356
@harryholiday5356 Ай бұрын
divorce leads to a life of freedom. Ain't it great to be free and living in a car What a great country. Thank you JUDGE.
@adamsnelson4689
@adamsnelson4689 Ай бұрын
He should have learned his lesson after the 1st divorce.. you can't fix stupid 🤪
@Kuulei265
@Kuulei265 Ай бұрын
@@adamsnelson4689Maybe it was him.
@tarikpierce
@tarikpierce Ай бұрын
Don't get married unless your spouse is rich
@michaelanthony1797
@michaelanthony1797 Ай бұрын
A smart man learns from his mistakes, a wise man learns from others mistakes. People still get married? or cohabitat?
@BMW-tr3nf
@BMW-tr3nf Ай бұрын
Thanks once again Michael for telling it how it really is. Maybe the politicians should listen to your channel to get some tips to turn this upside down economy around the right way again. But I won't hold my breathe for that one!
@miriamseidel8463
@miriamseidel8463 Күн бұрын
Yep, I live in a mobile home park in east central FL, and the lot rent went up $150 this last year. And, for us poor seniors, we will be living on the streets very soon! Greed is abound, and THEY need to go down!!!
@whynot5716
@whynot5716 Ай бұрын
CA retail theft charge of under a grand is barely a misdemeanor. This is what the legislature and governor call "equity".
@SunofYork
@SunofYork 28 күн бұрын
Move to Hungary or Somalia
@christopherstimpson6540
@christopherstimpson6540 Ай бұрын
For retirement, many are buying homes in the "flyover" areas in the Mid-West. Everything is very affordable but the winters and summers are brutal and 70 mph winds are just part of a normal day.
@debbiec6216
@debbiec6216 Ай бұрын
Depends on where you live in the Midwest . Sure if you live where it snows 5 months out of a year. It snows here for 3 months out of a year , and it doesn't snow daily . You can buy some fixer upper homes , put money into it , and after wards , you have a fine home . And you don't want to live in a BIG CITIES either .
@gregorylyon1004
@gregorylyon1004 Ай бұрын
I don't feel sorry for any senior citizen. That generation of workers had the highest wages and the lowest cost for housing in history. So why did they fail???
@Stacey-js1gm
@Stacey-js1gm Ай бұрын
@@gregorylyon1004 Because... 1) The majority had kids (#1 cause of financial ruin) 2) They broke their bodies by busting ass (sitting & keyboarding was not a universal vocation in their workaday lives) 3) They got old & sick (the US is the ONLY nation on earth w/o subsidized health care, and employers don't want to pay ANYONE, young or old, health insurance benefits). Once you're nearing 50, employers consider you a liability despite your talents & abilities. You're too old to be desired, too young to retire. You're screwed. 4) Employee loyalty earned one retirement pensions and dollar for dollar match 401K plans in years past; virtually unheard of now and for the past 30 years. 5) They, like the rest of us, face the same challenges of exorbitant housing costs, inflated food prices, unaffordable health insurance and social security co-pays -- AND they have MANY profound health issues on top of it all. That should answer the basic reasons why.
@CyberManny23
@CyberManny23 Ай бұрын
You are the ONLY channel keeping it real about this. Every other channel is living in LALA land not relating to the average American.
@s99614
@s99614 Ай бұрын
The rent is too damn high!
@Alex-jx5bx
@Alex-jx5bx Ай бұрын
Thank you, Michael! Very nice walk today 🎉🎉🎉
@chrisoliver515
@chrisoliver515 Ай бұрын
Cape Coral, FL my home owners insurance was 1200 , then after Ian 1800 for 2023, now for 2024 it is 3700 a year
@francismarion6400
@francismarion6400 Ай бұрын
How big is your house?
@cory3685
@cory3685 Ай бұрын
Wow...more than 100% increase
@chrisoliver515
@chrisoliver515 Ай бұрын
@@francismarion6400 2100 sf with a pool
@francismarion6400
@francismarion6400 Ай бұрын
@@chrisoliver515 What do you think it would cost to build that house today or even to replace the roof?
@chrisoliver515
@chrisoliver515 Ай бұрын
@@francismarion6400 I replaced my roof after Ian, and the cost 26k, my son just purchased a 5 year old home for 315k, new modest size home is 350k, I've been in my home since the last crash in 2007, and it was brand new construction at the time. Purchased for 125k
@generalnguyenngocloan1700
@generalnguyenngocloan1700 Ай бұрын
Now that I can no longer afford to pay rent to my landlord, I’m living in my car and paying rent to my car ins. provider. 😳
@lordinquis8r679
@lordinquis8r679 Ай бұрын
Thanks, Michael! I lived in my Tesla from early February through the end of April 2023. I was zig zagging across the SE while awaiting the first Starship launch on 4/20/23. I would charge in Brownsville TX and then park outside the gate at Isla Blanca Park, switch on the camp mode for a bug free, a/c night. Saw the awesome and frightening first launch of Starship and drove home, 1500 miles. It was an experience.
@Jcat24
@Jcat24 Ай бұрын
The neighborhood you are walking in while you make your video, looks very nice , beautiful homes, beautiful well maintained gardens , tranquil and peaceful ,no litter. I think to myself how much do the people in that neighborhood need to afford to live there and how much debt some of them are possibly in ,others may be well off , it's ironic that the video is about people living in their cars , it seems worlds apart but could be just down the road. Thanks for the great videos.
@lee_time
@lee_time Ай бұрын
What gets me is when ate people going to say enough is enough...we the people have the power to shut this country down..problem is the country is divided and distracted..appreciate ya michael
@brianmatthews4149
@brianmatthews4149 Ай бұрын
We are not the united state's anymore. We are the divided state's of America.
@drwho7545
@drwho7545 Ай бұрын
Yeah just like the hippies did in the late 60s they forced the government establishment to abandon the Vietnam war. The slogan was tune in turn on drop out.
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