Just a few other things to consider: 1. Insurance in Florida is at a crisis point, and continues to increase. 2. Cost of food, energy, services, materials, housing, insurance, health care and vehicles are all continuing to inflate far faster than wages can support. 3. People move to Florida for the politics which could change next election. . 4. People move to Florida for the low cost of living which no longer exists. 5. First time homeowners that squeezed into homes over the last year are highly likely to foreclose as the costs continue to inflate and homes require repairs. 6. Cash buyers and those locked in at low interest, low monthly payments will probably survive, while the new homeowners and renters will be financially ruined by the continuing pressure of inflation. More class divide to come. 7. Return to the office will require some new Floridians to return to the metro areas they came from . 8. Cancer, blood clots, heart issues are on the rise, and many of the people that moved to Florida are boomers. 9. Working class people can no longer afford to buy homes in Florida at the current home prices, interest rates, insurance rates, and property tax level. The monthly payment to own a typical 70's 3/2/2 1500 sq foot Florida ranch home with 5% down has double in the past 2 years from around $2k to $4k, without even considering the increased costs of everything else. This is not sustainable. 10. Our southern border is open, 15 million have entered thus far, and they will all need to live somewhere, leading to further shortage.

@katrinreal

Жыл бұрын

Good thoughts..thank you for sharing.

@alexandrasunshine1387

Жыл бұрын

Good input. So, overall, taking all your points into account, what do you speculate will happen to the market? You pointed to both things that indicate shortage as well as potential surplus...what's your guess overall on how the inventory/prices will develop?

I think this generation of home buyers needs to hit the drawing board for a new plan about housing. Buying a house isn’t what it used to be. It’s just a giant money sucking scheme in this market. Insurance, taxes, maintenance. Not to mention massive costs to buy. Houses are no longer an asset. They’re a liability.

@mrwilliamwonder

Жыл бұрын

Now is the time to SELL a house, not buy a house.

@whocares0316

Жыл бұрын

@@mrwilliamwonder Unfortunately, when i sell i have to buy another house unless i rent which i havent done since 1962. I think the better key to the future is to sell where you live and move to an area where home prices are lower than where you live. That is my current plan. I was considering Florida but that would be crazy now and probably for years to come unless you are sellin from the Northeast or California.

@mrwilliamwonder

Жыл бұрын

@@whocares0316 I'm in a smaller town in the upper Midwest so I'm not getting any cheaper really. And yes, I would get a great profit if I sold, but then I'd have to give it all back for something similar. You can't win for losing, unless you own in California or Florida and you bought over 10 years ago. But they don't wanna live in MN no matter how much they increase their standard of living.

@jimshoe402

Жыл бұрын

@@mrwilliamwonder Learn how to travel go 2 weeks like 2 to 5x's a year.Then Who Cares !!! ALOHA😁😁😁😁😁😁

@mrwilliamwonder

Жыл бұрын

@@jimshoe402 I'm going to do that

The housing prices are going up faster than any working person could save. I feel exceptionally lucky I started investing in my early 40s and compounded my income to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific investments mainly stocks, bonds and high yield dividend funds. I'm forever grateful to Trisha Jean Webb my F.A... Now house and cars all paid off and no other debt.

@RandyPelletier

Жыл бұрын

I think real estate agents and appraisers are also trying to keep the housing prices high because they make more from commission percentage.

@lucyAngletont

Жыл бұрын

I'm hoping for the housing market crash. I did look up your FA and I'm impressed with the reviews, very remarkable with solid accreditation. I hope she is open to assist me.

@CliffWarrensmith

Жыл бұрын

rent is gone to shit as well greedy landlords.

She conveniently ignored that inflation is at a record high, and the FED has no intention of lowering rates in the near future. she doesn’t mention that as soon as Covid started home prices jumped as much at 40%!! The market is overvalued…… HEAVILY overvalued. Sellers will have no choice but to drastically lower prices on homes because year over year from 22 to 23, potential buyers have also dropped drastically. This is an absurdly bad time to buy, and it’s funny how this lady has no self awareness, mentioning “other KZreadrs talking about a crash”, well the last time the market gained 40% in a 1-3 year span like in 2008 it resulted in: the second largest economic crash in history , and the only time before that was in 1939….. the start of the Great Depression. Please do your research people.

@katrinreal

Жыл бұрын

Great depression? Ok, lol, check in again in 2024

@toyaavant5129

Жыл бұрын

A crash is definitely coming because they are going to continue to raise interest rate. Job losses will be massive soon so a lot of people will be losing these overpriced homes. Inflation will be out of control soon and that's why they will raise rates.

@shawnlittle7527

Жыл бұрын

In 2007 the bagger at publix was telling me about the $435000 house he just bought. I'm not hearing that now.

Katrin, I think some of your best videos are where I believe you draw on some of your MBA-based analytical skills to help the rest of us see 'what really matters' in FL real estate vs. what the general media real estate noise happens to be about. Good for you!

@katrinreal

Жыл бұрын

Thanks so much Jack for always being positive on this channel! I am also happy to know you found your destination in FL :).

Love leaning from you and data analysis videos.

@katrinreal

Жыл бұрын

Oh thank you so much Laila! Also for stopping in to say hi. Take care.

Katrin, I honestly don't understand (mind you I am an analyst and a statistician as a career choice) why you put so my emphasis on average vs median. It does not make any sense to infer that just because median prices are less... then it is not all that bad. It is still a dumpster fire through and through. If a person makes $80,000 per year. Most house they SHOULD ever buy is $240,000 house and even that is stretching it. Your total home expenditure should be mortgage+taxes+insurance + (hopefully no) HOA = 25-30% of your after tax income. And so by that literal definition, if you make say $80K and after taxes here in florida its $64,000... then most house you should EVER buy is $192,000. You could "stretch it" probably to $240,000 if you REALLY REALLY REALLY thin out your finances. At that point it does not matter if median home prices are $440,000 and average home prices are $490,000. You cant afford a house either way and if you get suckered into getting a mortgage with some creative finagling to fudge numbers together and make you qualify for it... you will be house poor and then lose your house into foreclosure because HOA went up, taxes went up or insurance went up. On that merit it makes no logical difference about what discrepancies arise from median vs average. It is still unaffordable.

@katrinreal

Жыл бұрын

Hi there, the video wasn't about affordability at all. It was about how to best read the data. The avg price is very misleading. That was my point along with the example that I have given. If you are a statistician, then you know counting outliers (in any industry) is dangerous - I am surprised you are challenging this.

@katrinreal

Жыл бұрын

@@D1008W Thank you.

@taffyalusa4642

Жыл бұрын

If you notice she often refers to people moving from wealthier areas as Florida still being a bargain. She is targeting those buyers as potential buyers/clients.

@katrinreal

Жыл бұрын

@taffyalusa4642 Who is mainly buying in cash in FL right now? Where are they relocating from? Can you answer that question? Not targeting anyone but listing facts. BTW prices haven't just shot up in FL. Florida median price is hovering IN LINE with the National median price. We need to look at things in perspective here.

@taffyalusa4642

Жыл бұрын

@@katrinreal as I said, I'm not disputing that people are moving from wealthier states, paying cash, but you keep touting it as a bargain here and at the end of your videos, encourage those said to reach out to you. Obviously the point of your chanel is to attract business. Just be upfront, and not sugar coat you're giving stats. It's no bargain for those who live here trying to get ahead.

Outstanding presentation! So much misinformation it’s great to see someone define the reality with statistics and historical evidence. Your spot on!

@katrinreal

Жыл бұрын

🙂

You’re the best❤. I always look forward to your new information. I admire your honesty🙏

@katrinreal

Жыл бұрын

Thank you so much! Keep giving with your music!

Great description and breakdown of how to comprehend real estate trend sales data... thank you.

@katrinreal

Жыл бұрын

Glad it was helpful!

I just moved here and I think there are a lot more people who are still interested in moving here so I think demand will stay strong.

@katrinreal

Жыл бұрын

To FL? If yes, agree.

@topherg1935

Жыл бұрын

@@katrinreal yes FL

Nice video

Watch the 10 year Treasury Bond yield which mortgage rates track. Just breached 4% today.

GREED, AirBnb should be banned i residential areas, they hold almost half of housing needed for actual people in need of homes

I'm getting emails showing foreclosures are going up in Florida

@katrinreal

Жыл бұрын

from a historic low level :)...still historically low

@sarasotamermaid

Жыл бұрын

and we’ll continue to see foreclosures, anyone who thinks thinks this isn’t crashing is BLIND it’s crashing right before our eyes!!!

The struggle in Arizona is increasingly worsening. Not only have housing prices skyrocketed, so have rental rates.

My 2 cents, most people can’t afford a house so can buy a condo they can afford. Then upgrade to a house. Insurance is high, and HOA but so is maintenance on a house. My motto is buy what you can afford rather than being lifetime renter.

@katrinreal

Жыл бұрын

I agree with that thinking. Buy what you can afford when the time is right. Research has shown that homeowners have more equity than renters.

@Amccm4qu

Жыл бұрын

@@katrinrealyes!

@jimshoe402

Жыл бұрын

BUT make sure u can afford the house Ten years from now and the Area doesn't Change too. Tall order but I did it 35 years Out 🤑🤑🤑🤑

What is your view about the effect of timing a sale/purchase of a home in a retirement community? Is there any better time than others for elderly people to buy/sell?

@katrinreal

Жыл бұрын

Hi speak to your local realtor to gauge market trends. Typically, if you sell, you'll get more in the peak spring season. If you buy, you'll get a little bit of a discount in the fall / winter months. Caveat: during peak season more inventory will hit the market (more to choose from), in the autumn / winter there typically are less homes for sale.

Good analysis of real estate figures, but what about the yield curve being massively inverted? That's the single biggest indicator where the economy is headed?

@katrinreal

Жыл бұрын

Tell me what you think about it...would love to hear your thoughts. If possible, link your data here, please. Thank you!

Is it true about the insurance policy are going up and up and must have flood insurance as well

@katrinreal

Жыл бұрын

Flood if you are in A zone. Citizen will require flood in the future even if not in A zone.

Excellent and very educational and helpful video. Your education shows.

@katrinreal

Жыл бұрын

Thank you very much!

Have 4 houses in south florida miami dade county. Inventory is so short that I get calls, mailing regarding ro buy my houses. Very short supply. I am into real estate and my local market is well so far. I don't do condos tho. Just residential homes median market. Always stable.

It is refreshing to hear someone talking some truth. There is so much clickbait and fear mongering on KZread. They have lost all credibility. I do want a crash to happen as I plan on moving and purchasing a home in south Florida soon but this does not seem likely. There is not enough supply to cause this so called crash. People are uninformed and delusional.

@katrinreal

Жыл бұрын

Thank you for sharing.

As always great content and advice for savy buyers. I laugh every time I see or hear anyone claim that the RE market is crashing. They obviously are clue less to a true meaning of a rash. In most areas of the country that I follow sales are down from the last few years but so is inventory which is the key. Sales prices of existing homes have slowed down but have dropped less than 5% in most areas. Interest rates are keeping some new buyers out but nowhere do I see a true crash. In my area most real estate brokers tell me the market is neutral. Not the sellers market it's been but not really a buyers market due to low inventory.

@katrinreal

Жыл бұрын

👍

Congratulations on the success of your channel, you are much more refined than myself😅,and your numbers reflect that as do mine😅😅. Wishing you continued success, keep doing what you do and the sky is the limit,thanks for the info!

@katrinreal

Жыл бұрын

John, thank you so much for your support and kind words! Have a great weekend coming up!

great content and advice!

@katrinreal

Жыл бұрын

Appreciate it!

I been waiting for 2 years now...should have bought land in 2020.... in cocoa beach..... sucks as now i can't afford anything waiitng 2 years for crash.

@katrinreal

Жыл бұрын

Thanks for sharing.

I am struck by all the Condo's that are listed for sale when I get on the listings. The association fee's must be killing the owner's and motivating them to get out of their condition. So, if you are considering buying a house, why not look at buying a Condo instead? And partner up with the association and become DIY association to drive the fee down.

@jimshoe402

Жыл бұрын

NO.... New Fees coming soon by 12/31/2024 maybe Lots More $$$..😁😁😁😁

@Amccm4qu

Жыл бұрын

@@jimshoe402not all my condo already did all the repairs years ago and keeping reserves up high

@Amccm4qu

Жыл бұрын

I agree! Bought my miami condo years ago since I couldn’t afford a house and it’s tripled in price since then.

@jimshoe402

Жыл бұрын

@@Amccm4qu GOOD so Profit Up..🤑🤑 But the So-Called Forgotten Thing ???😁😁😁😁

The reality is for retirees buying homes in Florida, baby boomers own a combined $75 trillion in net assets - 53% of all U.S. wealth. Home prices in Florida won't be going down anytime soon.

@shanerogers9386

Жыл бұрын

This will be the third crash in 30 years in south Florida. Except the bubble is 2-3 times the size vs 2006. And there has never been so many speculators in the market. Every one is suddenly a real estate mogul. Empty rentals, empty flips. More of them everyday and more time elapsing. Can’t wait for them all to get skinned alive.

@katrinreal

Жыл бұрын

I don't believe it will either...not in the short-term.

@thomasmanning829

Жыл бұрын

I disagree. I'm a 30+ years full time realtor. You have to simple look at the strength of the economy. It's a disaster. But if you can't see that then there's no convincing you that housing is heading for a major reset.

@CaptureCat88

Жыл бұрын

She’s a realtor. Why would we listen to her?

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

I feel sorry for your local residents, it’s setting them up to fail, and when the boom is gone, which will happen, a crash is inevitable.

@LR-pw9dd

Жыл бұрын

@@dblock8829 that's because in 2020- the economy got pumped full of FREE money!!!!!! and delayed it

@TropicalStormDebi

Жыл бұрын

Part of the reason Florida and some other states' houses are increasing so much is because of people moving here from states that already have expensive housing. So to them the price is not a big deal. I don't think those people are going to leave in a few years therefore the prices are not going to decrease drastically. In areas where prices are going down a lot I think you will find that people are leaving the area. That probably will not change anytime soon. So those pieces will probably not rebound soon either. We need more houses overall but it's too expensive for builders to build a reasonable priced 'starter home'.

@lukem3067

Жыл бұрын

@@TropicalStormDebi yes but they drive it up and then die off or leave and the replacement is not there at those high prices, it creates a bubble

@lukem3067

Жыл бұрын

@@dblock8829 why have builders slowed down?

@katrinreal

Жыл бұрын

Ditto.

Lot of comments talking about MBA techniques etc. Just remember the last MBA in the news recently was that female that destroyed the Bud Light brand

@katrinreal

Жыл бұрын

Oh geez

Did u ever Look at First Street Foundation for Flooding ??? FEMA Zones are Old the local Village have the best maps by law. My house 100% right on since 1988. Have a Beer..😁😁

What do you all think? Leave comment below.

@janicenunn101

Жыл бұрын

You did not mention cycles, FL RE is most cyclical of all.

@se7ensnakes

Жыл бұрын

@@janicenunn101 What do you know about cycles?

@se7ensnakes

Жыл бұрын

@@janicenunn101 I am talking about the so-called business cycle: :A business cycle is the repetitive economic changes that take place in a country over a period. It is identified through the variations in the GDP along with other macroeconomics indexes. The four phases of the business cycle are expansion, peak, contraction, and trough."

@CaptureCat88

Жыл бұрын

@@janicenunn101you’re right. And the fact that someone just questions you on your comment and the woman who made the video liked the comment shows their ignorance.

@janicenunn101

Жыл бұрын

Actually I make my living off of cycles

Superb!

@katrinreal

Жыл бұрын

Thank you! Cheers!

TN, AL,SC, and GA are the new FL.

I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest

A realtor puffing up the market, who would have guessed, vested interest, NAR propaganda, price is dictated by available money to spend, nothing else.

@katrinreal

Жыл бұрын

Really, because I said the market hasn't crashed because it has not?

@katrinreal

Жыл бұрын

@@D1008W I appreciate the addition of your constructive comment.

@jimshoe402

Жыл бұрын

@@D1008W RE people do a whole lot more IF their good. I TOAD all my RE people right Off I call the shots u Give an Opinion. One got me Freebies when $$ were tight and one I gave her cash..My Builder burned her very Happy but wanted the Sale to show up..Then theirs my RE Attorney of Just 40 years a Team thing...V Bernie😁😁😁😁😁

You didn't address airbnb sitting empty

Everything about her is so attractive.

Hi there Katrin, I really like your content; it's on point and very informative👏 🔥. Do you have a biz' mail and are you open for feedback? I just want to share my thoughts regarding on your videos if that's okay with you.

Global stocks headed for their biggest weekly decline in more than three months. European shares fluctuated, with a record 36% drop in Siemens Energy AG’s shares after a profit warning dragging on the broader market. US index futures fell. According to chief economist at UBS Global Wealth Management “Financial markets have had one of those switches in the narrative that happen occasionally, and are starting to worry about higher interest rates driving recessions,” I'm still at a crossroads deciding if to liquidate my $300k stock portfolio, what’s the best way to take advantage of the market?

Buy smart and you’ll be fine. I enjoy owning my house and investment property in Florida. Those who feel otherwise, it’s because they don’t own and wishing upon a star for it to crash. The numbers are showing Florida is nowhere near a crash. These fear Porn videos keep saying florida is crashing, I’ve challenged them to show me a house that significantly dropped in value and or show me an abundance of foreclosures in Florida. They can’t, because it doesn’t exist. Their job is to suck money out of people by getting clicks and views. I would never be a renter, ownership has and always been a win in this country. Buy smart, not desperate!!!!

@Gardis72

Жыл бұрын

I agree with that 100%. I am looking for a 2nd home in FL (PBC area) and haven't pulled the trigger because I'm hoping maybe interest rates might drop a point. I have not seen prices drop at all, although many properties have routine "price reductions". There doesn't seem to be a glut on the market.

@livingmybestlife365

Жыл бұрын

@@WhosOnFirst-th9bw has it ever occurred to you that these are homes over priced to begin with, less desirable area, or maybe homes that need work and aren’t turn key. Would you see show us a listing you received where the house has been dropped by 30% or more. Show us!! A housing crash is considered 30% plus decrease. Not a 5% or 10%

@livingmybestlife365

Жыл бұрын

@@Gardis72 the pbc, broward, and Miami dade Counties prices will remain elevated, because unlike most of Florida, there’s no land left to develop on. That’s a huge difference in a market with no land

@katrinreal

Жыл бұрын

where are you located?

@katrinreal

Жыл бұрын

👍Many sellers are living in 2021.

Check the June data…year over year DECLINE!!!

@katrinreal

Жыл бұрын

One month is not a trend..plus decline was small

That MBA is busy at work in this video❤

@katrinreal

Жыл бұрын

🙃

@1969bones69

Жыл бұрын

MBA's can and do get things wrong you know. Just ask Bud Light.

Stay inside all year...

Maybe not a crash but the median graph shows the unusual rate of increase during COVID, it would be fair to state that some correction is feasible and actually probable. Just draw a line in the graph.

@katrinreal

Жыл бұрын

Agree, the market will likely slow and correct. No crash anticipated by economists though.

@CaptureCat88

Жыл бұрын

@@katrinrealwhat economists? The ones YOU like to listen to? You have a bias that you can’t see through.

@katrinreal

Жыл бұрын

@CaptureCat88 Check in again at the end of 2024, ok?

The fed is not going to stop until they crack employment and housing. Inflation and the housing boom are all side effects of the unprecedented stimulus pumped into the economy which has come to an end. There is an affordability ceiling in the SW Florida market which we bounced off of and that's what queued new construction buyer incentives in lieu of base price reductions. We are on the tail end of peak seasonality and significant appreciation from here in the near term is less likely than the possibility of a modest correction or flat market.. Historically when corrections happen regionally it is just a matter of time for lagging regions to catch up to varying extents and areas of the country have started to correct. Commercial real estate is in trouble with 1.4 trillion dollars in debt coming due over the next 18 months and that situation will be coming to a head soon with defaults all but certain. This will have a impact on the regional banking sector which can very well negatively impact the economy and tighten credit and lending standards which can negatively impact all real estate sectors. The regional banking sector is already on shaky ground as we all witnessed recently with the SVB and signature bank failures. It was such a big deal and concern for the economy that the Fed needed to step in with a bailout because doing nothing would have been catastrophic. Will they do the same for future multiple bank failures. I don't think they can. Just this week the yield curve inverted to 42 year lows. A inverted yield curve historically is a leading indicator of a pending recession. It is always different this time until it isn't. For sure there is a lot of pent up demand for the Florida market but there is also a lot going on in the economy and I really dont see this market running from here in the short term. In other words I dont see a lot of risk in waiting for a clearer picture of what is in store for the economy.

@katrinreal

Жыл бұрын

Appreciate your input.

@taffyalusa4642

Жыл бұрын

Agree. I'm considered a wealthy soon to be retired Floridian and there is no way I'm ok with the affordability. I feel for my kids, who can never afford to buy, even with good paying jobs. It's not sustainable here. Everyone banging on about wealthier states cashing in and moving here, but 40% return. Florida is not for everyone.

prices crazy, insurance who knows, flood insurance now for everybody...taxes way up.....and they STILL COMMING!...i see no slow down with those that have money to spend here!....rent super high!...talked to families from Italy that are all moving to Florida!....i see a new sea of New England lic plates comming here!

@katrinreal

Жыл бұрын

Lots of cash pouring in still.

I'm not sure why you keep repeating that demand is "high." Aren't home sales down by more than 20% year over year? Inventory is low due to the lock-in effect on 2 and 3% interest rates. However, there are several factors that point to inventory going up, such as the Airbnb disaster, an increase in new construction inventory, student loan payments resuming soon, and the commercial real estate defaults. This can take years to unravel, but housing prices will suffer as a result. It's just a matter of time.

@katrinreal

Жыл бұрын

Let's see :). Inventory will go up in autumn and winter due to seasonality...Airbnb issue, depends whose data you believe. That's also a small % of the total.

@katrinreal

Жыл бұрын

Demand is high for supply out there, so prices are not crashing. Also lots of people are waiting on the sidelines.

@theRetainer

Жыл бұрын

​@katrinp. I agree that prices aren't crashing, but it isn't because demand is high but rather because inventory is low, which makes it seem like demand is high, but it really isn't.

😁😁😁 Good post not ever day too. But I usually watch money videos 3 or 4x's😁😁

@katrinreal

Жыл бұрын

Thank you Jim :). Take care.

@jimshoe402

Жыл бұрын

@@katrinreal I'm on 4 podcasts they Seam to be going to ur No Crash view. We will see make $$$..ALOHA😁😁😁

From my understanding, Sarasota has now dropped 26% in home values?

@karnevil9959

Жыл бұрын

That's not true but it needs to.

@TM-nu5vd

Жыл бұрын

They sure haven't dropped. Sarasota/Bradenton area is still a hot market.

@katrinreal

Жыл бұрын

Where are you getting your data from? Totally not true!

@juniorcrandall8933

Жыл бұрын

​​@@katrinrealrobably looking at Redfins MOM median numbers for Sarasota City. Totally misleading. Redfin reports a high of 550K ish and a low of 420Kish in their 1 year Chart.

So you call the balloon in house prices in Arizona to about double in many areas a "seasonality"???? You're crazy!

@katrinreal

Жыл бұрын

I never said that. Supply and demand.

Just stop with popping bubbles holy Christ

@katrinreal

Жыл бұрын

I love them 🤣

My wife and I were going to look at STR options in the central Florida area in August (Kissimmee, Davenport, Reunion). Is now a bad time to buy? I just read that Disney had its lowest attendance in 10 years on July 4th, which is usually one of their busiest days. I realize Florida has more to offer than just Disney. Any suggestions would be great. Thanks.

@katrinreal

Жыл бұрын

Hi, maybe it is best to connect with a local realtor in that area. Usually, prices in the winter will go down, and then back up in the springtime.

@eastcoastbrushworks6327

Жыл бұрын

@@katrinreal Great. Thank you.

There is no crash and doesn't seem to be a crash anywhere (except in markets like SFO or LA or Portland where there are extreme political problems due to left wing governance isues), I have not read anywhere that property is on the market for long periods.

@Amccm4qu

Жыл бұрын

LA prices are still out of control and probably will go higher. Most buildings are old but the only new construction is apartment buildings so existing supply is very small. Miami has very little space and very desirable to a lot of people. Plus a lot of jobs in finance and tech

Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.

First of all, US inflation is nowhere near record high. We’ve had much higher inflation in the past, many times. Our current situation is sui generis, so cannot look to history to repeat itself. Past performance is no guarantee of future performance, right? It’s a fact that KZread is full of people crying the market is crashing, but some are savvy enough to point out that some local markets don’t follow national trends. I think that point was made in this video. And for those with cash and looking long term, many good deals can be found.

Florida cannot continue to be so overpriced. It will force a lot of retired and older people to have to move out. It is so affordable anymore unlike other states. You really have to be doing well and have and have a good job as a lot of people do in Florida. There’s a lot of money in Florida. I’ve seen this for many years. If you want to live in a good area, you have to have money to live in Florida if you want to live in the ghetto, that’s totally different.

@katrinreal

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thanks for sharing

STANDARDIZED COUNTERFEIT There is a basic problem that no one discusses: As of today the government created 2.4 trillion dollars. The M2 money aggregate shows that there are 19 trillion dollars that were outside the government. Of those 19 trillion dollars 16 trillion was created out of thin air and loaned to Americans to buy houses, cars, credit card usage, etc. Of the 4000 universities and colleges in the USA not one will teach you exactly what happens when they issue a "loan", when the "loan" is paid back, and what happens when the "loan" goes into default. Typically educational institutions explained the money expansion using debunked process called fractional Reserve lending. The bank based its "loan" on a promissory note deposited into a transaction account. The bank's books are negative but as the loan is paid back and the promissory note becomes worthless the bank's books are balanced. What happens if the loan goes into default? Mortgage insurance. or the Federal Reserve steps in and balances the bank's books. But what happens to the collateral? I can argue that this money is counterfeit because there is no provision in the constitution for a private entity to create a debt-based transient monetary specie using a unilateral promissory contract. Essentially the banks are laundering this counterfeit money with interest and fees. Commercial banks are sucking a trillion dollars from the economy in interest and fees every year. The problem worsens because these banks can control the economy. This is how they have monopolized all the essential publicly traded corporations using asset management firms. the claim is that in ten years they are going to manage the entire GNP of the USA. These banks have the ability to encapsulate the entire American population and provide them with an artificial subjective reality. By and large, people only learn from the information that is passively provided to them. Rare is the individual that goes outside the box and does his own research.

Nice video

I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest

Nice video