You'll Never Have To Pay This Again

Ойын-сауық

Certain cities in California keep extending the rent moratoriums on people who are not paying their rent to the point where it has been roughly 3 years in some cases that rent has gone unpaid and just in Los Angeles alone it is estimated that tenants are behind roughly 1 billion dollars in rent. Meanwhile in Atlanta the Georgia the sheriffs department is actively evicted about 200 tenants per week and are 3 months behind on serving notices.
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Пікірлер: 546

  • @MichaelBordenaro
    @MichaelBordenaro Жыл бұрын

    HIGH Insurance CRUSHING DREAMS Of Home Ownership kzread.info/dash/bejne/fYijw9uQn8XQZ7Q.html

  • @tabathia7633

    @tabathia7633

    Жыл бұрын

    I realize tht. But, Michael, I'm not buying tomorrow, I don't think, strange things do happen to me. One-minute, I owe rent money, the next I have it. one minute I own $547. in electric, about to shut off, the next, two weeks later i have a credit of -485. through honest help and my financial brains. How about a year from today, after I get my computer position in two months......??. and clear my credit. Buying a home in A>.Cali/> isn't crushing my dreams.😎😎

  • @randydrangmeister2302

    @randydrangmeister2302

    4 ай бұрын

    widowed and very savey financially,worked for EF HUTTON BOARD OF TRADE CHICAGO UNDER AUTHOR ANDERSON THE THIRD your on it micheal and this ones gonna hit the MOON GOD BLESS YA ,im in NWI want to be in FL.hopefully I can sell my home in WHITING IN.before THE GREAT CRASH whiting is still in demand because everyone is keeping Chi town keep up the great work

  • @randydrangmeister2302

    @randydrangmeister2302

    4 ай бұрын

    its leaving CHI TOWN

  • @samsungtom2274
    @samsungtom2274 Жыл бұрын

    I'm in the UK & the whole world has gone nuts, usless governments worldwide.

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    No kidding!

  • @mattb383
    @mattb383 Жыл бұрын

    The govt mandated moratoriums are so wrong on many levels. It is like telling businesses that they need to give away their products for free to anyone that wants the products. This is insane.

  • @truno7

    @truno7

    Жыл бұрын

    What world is this

  • @tabathia7633

    @tabathia7633

    Жыл бұрын

    Yes, this is insane, but these are the facts. Right?

  • @tlindsay1007

    @tlindsay1007

    Жыл бұрын

    Communism. Coming to a Democrat-run city near you.

  • @alyross2850
    @alyross2850 Жыл бұрын

    What right did government ever have to give tenants permission to stop paying rent? The entire covid situation was one giant overstep of government. I hope that we all learned something from that.

  • @wyonamagee6521

    @wyonamagee6521

    Жыл бұрын

    What the governments did is illegal they did not have the right to implement rent moratorium’s. The Globalist’s a gender is to destroy America which would make it much easier for them to bring in their evil and satanic new world order.

  • @SammifromMiami

    @SammifromMiami

    Жыл бұрын

    Yup, US constitution protects the right of contracts. Can’t just wave a wand and have those terms nullified.

  • @chargermopar
    @chargermopar Жыл бұрын

    hard to believe those old dumpy homes would be selling for that much. Every place in Florida seems to be priced double its real worth.

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    You said it man!

  • @shineurs2

    @shineurs2

    Жыл бұрын

    I just can't do it. Our children are all adults and the baby is 16. I'd rather stay in a luxury apartment.

  • @shawnbruce6934
    @shawnbruce6934 Жыл бұрын

    I'm in Pittsburgh PA and I'm getting out of landlording and selling my properties. The decay of basic morals has made it seem like noone doesn't have a criminal background. I'm over it. I don't need the stress and the hastle. The moratorium was a Shit Show.😅

  • @TheHomeExpert5
    @TheHomeExpert5 Жыл бұрын

    Bro, inflation has gone up 20% in the last year easily, some items are 35% higher. Let's get real, the government lies to us constantly.

  • @lmcg....

    @lmcg....

    Жыл бұрын

    32 Oz block of cheese. Was 4.49 a year or 2 ago, Then 5.99 then 6.99 and now it's 8.00.

  • @mullerk2

    @mullerk2

    Жыл бұрын

    They only lie - never give accurate facts or tell the truth.

  • @Nikkisweeets

    @Nikkisweeets

    Жыл бұрын

    My brothers new Ford truck was 88K and his car payment is $1200 a month for 7 years… make it stop. Let me outta the matrix

  • @Userxyz-z2d

    @Userxyz-z2d

    Жыл бұрын

    Eggs were $3.99 now $9.99!

  • @inviz1769

    @inviz1769

    Жыл бұрын

    Stop lying

  • @stevemcconnell5864
    @stevemcconnell5864 Жыл бұрын

    I'm born in California I'm 61 now and the politics here is crazy! Renter has more rights than the owner! One third of this state is on EBT insanity 🤔

  • @pamcornelius9122

    @pamcornelius9122

    Жыл бұрын

    Communism.

  • @jmcc9954
    @jmcc9954 Жыл бұрын

    350K homes are still out of reach for 80% of Americans..You have to be earning minimum 90K/year to afford a house in this range and not a lot folks earn it.

  • @realestatephotographyofcda5764

    @realestatephotographyofcda5764

    Жыл бұрын

    Your so right. I’m a 100% disabled Vet. I have no chance of home ownership anymore. Sad for me and my kids…

  • @billbrock8740
    @billbrock8740 Жыл бұрын

    HAHAHAHAHAA, MIKE!!! “I’m not going to be walking through the hood just for some stupid KZread video.” That line was hilarious and priceless! You were AWESOME today!!

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    Haha its the truth! Not worth it

  • @SammifromMiami

    @SammifromMiami

    Жыл бұрын

    I got a good chuckle when he said that.

  • @magicparkmemories
    @magicparkmemories Жыл бұрын

    Mike.. I lost my job last year in September of 2022 from Westcor and was there over 7.5 years. It took me 9 weeks to find a job and started a new job on November 30, 2022. I am getting laid off again . My last day is May 31. The budget is not there for me . I am back to the drawing board. My last check will be June 7. My 59th birthday is June 8. No celebration for me

  • @als7594
    @als7594 Жыл бұрын

    I was in a CE class last year and there was an owner of a leasing company there. He told me a story of an eviction case where the tenant owed three months back rent and refused to pay. Twenty years later guess who calls him up wanting to clear up the debt. This former tenant tried to get a mortgage and he was told it's a no go until he cleared up the lien he had from twenty years ago.

  • @TheInterwebzMan

    @TheInterwebzMan

    Жыл бұрын

    I hope he charged him interest

  • @jimshoe402

    @jimshoe402

    Жыл бұрын

    Yes that's the Way it works.BONE Him..😁😁😁

  • @LGnLA

    @LGnLA

    Жыл бұрын

    20 years, wow!! Karma never forgets...

  • @MAfanwoods37

    @MAfanwoods37

    Жыл бұрын

    Idk if I believe that. That kind of debt doesn't follow anyone for 20 yrs

  • @snakeplissken3063

    @snakeplissken3063

    Жыл бұрын

    @@MAfanwoods37 Court ordered judgements don't expire unless you get the court to drop it. The court gets a piece of the judgement, so they'll hold on to that for as long as it takes.

  • @pamcornelius9122
    @pamcornelius9122 Жыл бұрын

    My friends were renting a 570 SF apartment in Miami for $1300.00 a month in 2021. They moved to the metro Atlanta area in January, 2022 and now rent out my newly renovated 1,038 SF basement apartment for $650.00 a month (including utilities). They have their own private driveway, garage, covered porch and a small fenced-in yard. They are loving it, and as a recent widow I’m grateful to have friends nearby.

  • @MAfanwoods37

    @MAfanwoods37

    Жыл бұрын

    Yes Fla is going to have issues with cost/benefit

  • @Chinunit22

    @Chinunit22

    Жыл бұрын

    1300$ apartments in Miami? That is actually very cheap

  • @andreaberryman5354

    @andreaberryman5354

    Жыл бұрын

    Thanks for keeping your place affordable. ❤ My sister upped her rent from $850 to $1,500 last year.

  • @basha0810

    @basha0810

    Жыл бұрын

    Atlanta though 🤮😜😂

  • @pamcornelius9122

    @pamcornelius9122

    Жыл бұрын

    @@andreaberryman5354 I’m happy to! They’re like family to me.

  • @SOBEYOND
    @SOBEYOND Жыл бұрын

    I laughed when $420k was called affordable, but I get it compared to South Florida prices. I moved from Miami to Alabama in March & the decision feels better & better each day. Just bought my first home, $130k for 2300SF! I guess I’ll just be a Miami tourist from now on 😢👍🏾

  • @ricoshaylr

    @ricoshaylr

    Жыл бұрын

    Wow that price is amazing congratulations

  • @lgull1

    @lgull1

    Жыл бұрын

    i am going to be outta here soon as well. Will not be going back either. congrats

  • @77jaycube69

    @77jaycube69

    Жыл бұрын

    I thought the same thing when I heard 420k. Congrats on your purchase.

  • @RR_85

    @RR_85

    Жыл бұрын

    I'm planning on leaving as well. Just saving and waiting for things to crack

  • @bigbluecrab

    @bigbluecrab

    Жыл бұрын

    I'm here on the Ms. coast and was like that before the pandemic. Now Ca. Tx. Fl. plates everywhere, and Ca. couple just paid $150k over price as it was a new remodel. The locals can't afford it here now, they just tore down the trailer park for new housing. Big black SUVS everywhere, more traffic, aggressive drivers, crime....wooo hooo. I think we may have a boom town also!! Where do the poor go when priced out of Mississippi.?

  • @ml3141
    @ml3141 Жыл бұрын

    You are NOT making, "stupid KZread videos"!! Your videos are very knowledgeable and smart!!!

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    I know I'm not saying my videos are stupid. I'm saying it would be stupid to do something dangerous just for a video. It really didn't come out right

  • @kohnfutner9637
    @kohnfutner9637 Жыл бұрын

    The story they give is they don't want more homelessness. The truth is they want the owners to lose ownership and then they're all possibly homeless.

  • @bellad1063
    @bellad1063 Жыл бұрын

    You wait until student loans are due again in September. The avg student loan pmt is 400 bucks… watch all these borrowers all of a sudden feel like they got another car payment out of “thin air” …

  • @armslength2618
    @armslength2618 Жыл бұрын

    I'd pay J.Biden 5 bucks to leave and disappear, sure. I'd even throw in a case of beer if he took P.Harris with him.

  • @shawn576
    @shawn576 Жыл бұрын

    You spend $1680 per month on maintenance? Jesus. I'm spending about $380 here but we just have winter to deal with. We don't get heavy rain or storms.

  • @ChadValue
    @ChadValue Жыл бұрын

    Have property but don't even consider renting it for these exact reasons.

  • @FloridaGirl-

    @FloridaGirl-

    Жыл бұрын

    I don’t blame you!!!

  • @hipmoma
    @hipmoma Жыл бұрын

    Michael, I'm on your side. But what are we going to do with all the evicted people? here in St. Pete the homelessness is already getting out of control....

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    I think we should definitely have temporary housing designated for homeless they could even turn the old shopping centers or businesses that are not occupied into things like that so people don't have to be on the street. But of course it has to be temporary and if you're in there, you have to be on a path to get back on track. In California a lot of them are crazy and or drug addicts, and do not comply with these sort of things.

  • @Surfgarage760
    @Surfgarage760 Жыл бұрын

    if you save up enough money by not paying rent you can buy the landlords property in foreclosure.

  • @kq2799

    @kq2799

    Жыл бұрын

    Capitalism or law of the jungle; take a pick...

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    I'll bet some of them will

  • @Surfgarage760

    @Surfgarage760

    Жыл бұрын

    @@MichaelBordenaro how else does one get rich in America? You have to bend the rules to your advantage and be ruthless.

  • @stevenphillips3466
    @stevenphillips3466 Жыл бұрын

    I would be hiring the local gang to keep breaking into the Non paying Tennent , robbing them and breaking doors and stealing their stuff ....

  • @FloridaGirl-

    @FloridaGirl-

    Жыл бұрын

    Make friends with the local motorcycle group. Hire them as eviction officers.

  • @kq2799

    @kq2799

    Жыл бұрын

    U sound pleasant.

  • @FloridaGirl-

    @FloridaGirl-

    Жыл бұрын

    @@kq2799 if someone was living in my house for 3 years, and not paying the rent. That would be the most pleasant thing I could do, to send them on their way, at this point. 🤗

  • @savtelly3817
    @savtelly3817 Жыл бұрын

    The criteria to rent in Cali is going to be so crazy after this. You may as well buy a home or move because landlords won’t let this happen again. This is insanity. Just cut your losses and move if you can’t pay. Sad.

  • @niuniaNJ
    @niuniaNJ Жыл бұрын

    Hey Michael, I live in South Venice. The house is two blocks from me lol. It should cost 250k, not 420k. Still overpriced

  • @randyonthekey7519

    @randyonthekey7519

    Жыл бұрын

    No. The market has agreed the price to live in Florida has gone up 1000s coming to the state for a reason.

  • @wphillips7217

    @wphillips7217

    Жыл бұрын

    Most homes for sale in Venice are a flip . Its a bad time to buy anything

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    I hear you!

  • @deborahcaldwell9775
    @deborahcaldwell9775 Жыл бұрын

    OH my Judy-cousin lives in Venice, and has been there for almost a decade from the State Of Maine. She’s not going to move an inch. That’s a fine place to live.

  • @jenna6256
    @jenna6256 Жыл бұрын

    If the families living free off a landlord should have to show their taxes to prove they haven't worked

  • @snakeplissken3063
    @snakeplissken3063 Жыл бұрын

    In CA, it can take a year to evict someone. The government offers free advice to tenants on how to avoid evictions. All paid for by the taxpayer.

  • @commonsense6967

    @commonsense6967

    Жыл бұрын

    People in CA have to be brain-dead not to know they're voluntarily living in a tyrannical Communist state owned by the CCP.

  • @frankmartin9958
    @frankmartin9958 Жыл бұрын

    Venice has a Homeless Problem, The Camp at 41 and Jacaranda has 6 Child Predators

  • @edge918

    @edge918

    Жыл бұрын

    😞 Frank that is awful

  • @kargs5krun

    @kargs5krun

    Жыл бұрын

    All of FL has a homeless problem....whole USA too for that matter.

  • @edge918

    @edge918

    Жыл бұрын

    @@kargs5krun It's really the truth al 😞 It's awful and an epidemic in my opinion.

  • @CarlWithACamera

    @CarlWithACamera

    Жыл бұрын

    Where are they living? Behind the CVS?

  • @ryang8425

    @ryang8425

    Жыл бұрын

    @@kargs5krun all those homeless people but yet our president keeps giving ukraine billions of dollars

  • @moebanshee
    @moebanshee Жыл бұрын

    Requirements for renting.. in 2018 I needed to relocate to a user friendly place.. husband had Alzheimer's. I had talked to a apartment manager near us about a ground level unit. I left the paper at home so I stopped in the office for another. The office was jammed. She saw me and yelled.. unless you have a annual income of $65,000 or more don't bother applying for a unit.. I really didn't want to have an apartment because I didn't want to share walls with people so I bought a manufactured house instead. Lol . I cannot imagine how hard it is going to be for people to find "affordable" housing now.

  • @michealsizemore1
    @michealsizemore1 Жыл бұрын

    Why anyone would want to be a landlord in these times is beyond me. All the leverage goes to the renter. Completed BS. That is why I will never step foot in that cesspool they call California.

  • @MS-st1zb

    @MS-st1zb

    Жыл бұрын

    I was getting ready to turn two acres and two mobiles into rental property. No, I dont have thirty thousand plus sitting in the bank to cover people who do not want to pay rent and eviction costs. I would not of hesitated ten years ago and I even rented out before. The caliber of people and the advantages they have is not feasible on my tier.

  • @michealsizemore1

    @michealsizemore1

    Жыл бұрын

    @@MS-st1zb I agree 100 percent.

  • @kq2799

    @kq2799

    Жыл бұрын

    Guess you can slumlord in the other 49...

  • @reginastevenson9380

    @reginastevenson9380

    Жыл бұрын

    Landlord friendly states are easier to evict that's where you invest... Tenant friendly states will be much harder don't invest in those states

  • @the_derpler

    @the_derpler

    Жыл бұрын

    Its super rough for sure. They might have to invest their capital in something productive to the economy instead of rent seeking. Trade in hiring illegals to paint over a light switch for the 200th time for a mechanical engineering degree, maybe become a doctor or construction worker?

  • @tamjeanell
    @tamjeanell Жыл бұрын

    Lesson...do NOT be a landlord in California right now!

  • @charmainmorrison8615
    @charmainmorrison8615 Жыл бұрын

    All those evicted tenants will be renting motels, they have $39 daily rate hotels and section 8 will assist them

  • @edge918
    @edge918 Жыл бұрын

    Wow Michael! A street looks so different without all the palm trees and greenery around. Almost like it's not as pretty even though it appears clean.

  • @JohnH1370

    @JohnH1370

    Жыл бұрын

    Less tropical in Venice

  • @Raven5763
    @Raven5763 Жыл бұрын

    In my opinion the jurisdiction that created the moratorium and prevents the eviction has essentially taken possession of the land and should be on the hook for just compensation.

  • @robertslatten556
    @robertslatten556 Жыл бұрын

    So if a Landlord lets it go back to the Bank then the Bank cannot evict either?

  • @dchex23

    @dchex23

    Жыл бұрын

    Bank will throw tenant Tyrone and Sharkeisha out within 5minutes of property takeover, don’t get a wrong idea.

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    I would think not

  • @robbyprice8247
    @robbyprice8247 Жыл бұрын

    The result is just as bad. Low income rentals now requiring 720+ credit score to apply, my current property company now requires 680+ score. I wouldnt qualify for my own unit and. I have paid rent on time for 7 years straight here.

  • @overthehilldill3626
    @overthehilldill3626 Жыл бұрын

    80.4k you're getting there bro. Man on fire. Great info again. Thx

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    We're getting there !

  • @yawzerdoink-a-sore-as8159
    @yawzerdoink-a-sore-as8159 Жыл бұрын

    Hard times produce hard people. Hard people produce good times. Good times produce soft people. Soft people produce bad times We are moving now out of good times and going to bad times. So rejoice! We are growing stronger

  • @jogregg6442
    @jogregg6442 Жыл бұрын

    I believe in Portland Oregon, landlords are not allowed to refuse to rent to people with criminal records. I would suggest that we will see increasing restrictions on what landlords are permitted to know or consider about renting their properties to prospective tenants.

  • @metoo5004
    @metoo5004 Жыл бұрын

    Omg those poor landlords... absolutely rediculous

  • @alfonsosalinas3026
    @alfonsosalinas3026 Жыл бұрын

    I feel like FOMO has alot more power than The Fed at this point.

  • @rocketj7449

    @rocketj7449

    Жыл бұрын

    Dumb money buys at the top

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    It sure seems that way

  • @johnholbrook6042
    @johnholbrook6042 Жыл бұрын

    If I was homeless I would go to San Francisco. Don't have to pay rent & can walk out of store with less than $1000 of merchandise without being charged of a crime.

  • @thetadog4849
    @thetadog4849 Жыл бұрын

    we are just beggining to see what happens when u close an economy and leave so called essentials open, this is the beggining of the end

  • @cookingwithadamkahnandlixu2718
    @cookingwithadamkahnandlixu2718 Жыл бұрын

    Hi Michael. I hope you’re day, I guess night by now. The point you make about San Francisco is part of the reason you continue to see prices by you go higher. From what I’ve been reading a lot of landlords are considering different states to go to and get out of the states where the laws are out of hand. They’re also targeting states with no state income tax. Living in Vegas I worry all the Californians will move here and then lobby to make our laws more like them.

  • @SteveNoverini
    @SteveNoverini Жыл бұрын

    You literally were walking a minute from a home I sold for 392k in 2022! Bought it for 224k in 2020. No capital gains tax cause I lived there! What a coincidence. I loved that neighborhood.

  • @sthr2110
    @sthr2110 Жыл бұрын

    How is anyone support to feel supported by gov't and lawmakers when they are doing things like this to citizens? It is utterly mind boggling. Imagine you have a rental property with a mortgage. Of course, there are all the other carrying costs involved. Depending on where you live, a tenant can live in your rental property WITHOUT PAYING A DIME...AND...HAVE A PET WHEN IT SAYS, "NO PETS" IN THE LEASE...AND...HAVE MORE PEOPLE LIVING THERE THAN ARE PERMITTED BY THE LEASE (USING MORE UTILITIES THAN ONE PERSON)...AND...THERE'S NOT A DAMN THING YOU CAN DO ABOUT IT!!!

  • @nancynelson5411

    @nancynelson5411

    Жыл бұрын

    The government hates us

  • @MrFargo1001
    @MrFargo1001 Жыл бұрын

    My Electric alone went up a Grand! This is totally Ridiculous.

  • @theresamarroncelli9643
    @theresamarroncelli9643 Жыл бұрын

    One of the main reasons why seniors like me are unable to get affordable housing. Facing homelessness as landlord sold the house and new owner wants me out. Never not paid my rent and realty corps not helpful at all

  • @jeremybly
    @jeremybly Жыл бұрын

    Nothing costs 5% more. Everything has doubled in price, literally everything!

  • @jaxntax5509
    @jaxntax5509 Жыл бұрын

    Interesting content and seeing a more working class area shows the difference with in a relatively short distance in a single state.

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    It's a whole different world over here compared to Miami

  • @SammifromMiami

    @SammifromMiami

    Жыл бұрын

    @@MichaelBordenaro indeed it is! I prefer New Smyrna Beach.

  • @dale5710
    @dale5710 Жыл бұрын

    A coworkers father was a landlord back when the Shah fell in Iran back in the 70s. The Revolutionary guard said rent was optional. They paid people to leave. They swapped names, so the nonpayers had no where to go.

  • @user-sl2tm1ls1v
    @user-sl2tm1ls1v Жыл бұрын

    I grew up a few streets over on Hobart Rd. At the time there was only 3 homes on our road and the majority of the roads were unpaved (shell rock). Incidentally, my folks paid $17,000 for a new 3/2 in 1970. It was mini bike and dirt bike heaven. Make sure you take the ferry over to South Venice Beach.

  • @cfmendez4714
    @cfmendez4714 Жыл бұрын

    Very unfair for landlords. People and the gov forget tha landlords have expenses on the properties and do not qualify for most gov help programs. Taking people to a corrupt court system is also very unfair too.

  • @787UrbanApparel
    @787UrbanApparel Жыл бұрын

    The question is ; why they choose to become a landlord in the first place ? ... Anything that has to do with housing ; is consider - Social Entrepreneurship - which falls directly into government regulation . Why will you invest into a house for someone else to live in ? ... Introspection and reflection ... what is driving them , providing shelter or profiteering from people shelters needs .

  • @JShaw-fw5ct
    @JShaw-fw5ct Жыл бұрын

    "The hood"....😂😂😂 be safe.

  • @snakeplissken3063
    @snakeplissken3063 Жыл бұрын

    Eviction moratoriums are BS. What they should have done is use government funds for renter assistance. They didn't use (what they feel is) THEIR MONEY, they just passed a law so landlords got screwed out of income. They wanted to keep the taxpayer money themselves for their pet projects and boondoggles.

  • @noreenn6976
    @noreenn6976 Жыл бұрын

    Love Venice FL! Thanks for taking us along.

  • @diabeatit5189
    @diabeatit5189 Жыл бұрын

    This is my favorite location so far! Thank you for taking us along!

  • @richardviolet8759
    @richardviolet8759 Жыл бұрын

    This neighborhood is a very good example of a typical nice Non HOA neighborhood. notice the lack of sidewalks and the uniform landscaping maintenance , The diversity of attention and care and design . I live in a HOA in Southeast Florida east of 95. There is a non HOA community close by....It looks very similar, the home value are $700K or more. Moving to Florida in 2023 . everything now is over priced .and the COL has almost doubled Florida is not the affordable option is was even 2 years ago,

  • @melanielattanzi9388
    @melanielattanzi9388 Жыл бұрын

    I need my mayonnaise!😅 All good points that you are talking about and majority of people including our household are not buying anything we don’t need and not going out as much. Very realistic but bleak future for many people. It is extremely sad. We need a government that will take care of all its people . Mankind has never achieved this.

  • @Juliet875
    @Juliet875 Жыл бұрын

    Happy Tuesday Michael and Thank You! Hope you had a great Birthday!!!

  • @TheHomeExpert5
    @TheHomeExpert5 Жыл бұрын

    You provide surprisingly good information. Good video.

  • @kiprice8327
    @kiprice8327 Жыл бұрын

    Your vids are really good. Thanks for doing them.

  • @shawnbruce6934
    @shawnbruce6934 Жыл бұрын

    Great video as always Michael. I always wait for the new ones.

  • @gregschramm8180
    @gregschramm8180 Жыл бұрын

    Lots of problems with no end in sight.

  • @petersheenan4482
    @petersheenan4482 Жыл бұрын

    You're right, we all need to be prepared - savings, cut costs, adapt, gold, and so on.

  • @ericmechelhoff9814
    @ericmechelhoff9814 Жыл бұрын

    I left California the beginning of last year. That place is as backwards as it gets and the trajectory only points one way for the next 25 years. Down down down

  • @chiragmehta8212

    @chiragmehta8212

    Жыл бұрын

    It’s going to end up as third world hell hole

  • @jkmarshall3553

    @jkmarshall3553

    Жыл бұрын

    I got out in 2004... thought the same thing then. LOL!

  • @mellead8727

    @mellead8727

    Жыл бұрын

    why are the wealthy so happy to live there?

  • @Jeannified
    @Jeannified Жыл бұрын

    My stepsister and her hubby are there right now! Just got there yesterday for two weeks. (They are full time RV'ers.) Such a nice area!

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    Yep, there are several RV parks around here. One was right across the street from this neighborhood.

  • @KristopherStidd
    @KristopherStidd Жыл бұрын

    Thank you for the video Michael as well as the valuable information within it. 👍🏿🔥🙏🏿😁

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    You're welcome

  • @magic4026
    @magic4026 Жыл бұрын

    Vote for Trump if you’re human ! Bc the other party has lost it

  • @t4nk3d402
    @t4nk3d402 Жыл бұрын

    buying a car every ten years is funny, im sure it has slowed, but just in my personal experience most people I know switch cars every 2-5 years. I sold cars a few years back and the amount of people that traded cars every 1-3 years was astounding, granted rates were very low at that time and car prices were basically opposite of today

  • @basha0810

    @basha0810

    Жыл бұрын

    I'm one of those that you speak of 😆.

  • @computron5824

    @computron5824

    Жыл бұрын

    That's interesting, because most people I know do not switch cars that often. Were these people just constantly rolling over the debt into the new car? Average negative equity of trade-ins was $5,300 in Q4 22. Average new car price is close to $50,000, and credit is tightening. Not the best conditions for taking on more debt.

  • @t4nk3d402

    @t4nk3d402

    Жыл бұрын

    @@computron5824 mind you I got out of car sales about 4-5 years ago now but when I was selling 90+% of my deals were trade-ins that had current loans still, most loans were 6 year loans, the others were no trade in and then a few here and there were paid off trade-ins. Lots of negative equity rollover and also car prices were cheaper then as were rates

  • @bchbum3802
    @bchbum3802 Жыл бұрын

    Hello from the over inflated prices in the NW Metro Atl Burbs 😢 Thank you for the lovely scenery! Its so calming! Have a blessed visit! 🌞

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    Thank you very much. Glad you enjoyed it!

  • @barbward-qn4ix
    @barbward-qn4ix Жыл бұрын

    I predict an even worse housing shortage coming. I was a landlord & won't be again. It is a business, not a charity. Who, in their right mind, would want to go into the landlord business with all the government interference? If I was a landlord, I'd sell the property as soon as I could. One less rental available in the market.

  • @barbward-qn4ix

    @barbward-qn4ix

    Жыл бұрын

    I am in MN. Same government crap here.

  • @johnwade3476
    @johnwade3476 Жыл бұрын

    The founding fathers said this would happen if we let private banks run the show

  • @kmac265
    @kmac265 Жыл бұрын

    Another phenomenal vid! Thank you.

  • @cindyonyoutube
    @cindyonyoutube Жыл бұрын

    Thanks for filming over in Venice!

  • @bobdobb9017
    @bobdobb9017 Жыл бұрын

    The sherif could deputize a contractor who does evictions for a fee.

  • @mattanderson6672
    @mattanderson6672 Жыл бұрын

    Woahhh!!! Thanks Mich !!

  • @S_Edward_Burns_ArtsEditor
    @S_Edward_Burns_ArtsEditor Жыл бұрын

    No-sidewalk Florida neighborhoods are a usual indicator of lower-cost homes. Just saying.

  • @jkmarshall3553

    @jkmarshall3553

    Жыл бұрын

    I live in a gated country club community here in FLA with no sidewalks. Just sayin'...

  • @S_Edward_Burns_ArtsEditor

    @S_Edward_Burns_ArtsEditor

    Жыл бұрын

    @@jkmarshall3553 And "gated" does not mean as much anymore. Just noting.

  • @kq2799

    @kq2799

    Жыл бұрын

    @@jkmarshall3553 What do you expect; it's the Villages...

  • @kq2799

    @kq2799

    Жыл бұрын

    Easier to park the pickup on the lawn that way...

  • @randyonthekey7519

    @randyonthekey7519

    Жыл бұрын

    I live on Island circle in Siesta Key Florida no sidewalks my home is $1.5 million

  • @talkingonline821
    @talkingonline821 Жыл бұрын

    Nice work, I like it. Definately a boots on the ground guy. Thanks for watching for the viewers and keep in coming!

  • @ricoshaylr
    @ricoshaylr Жыл бұрын

    😂 at Warren Buffet being 150 years old

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    😄

  • @SOBEYOND
    @SOBEYOND Жыл бұрын

    I wish that the City/County of San Francisco would at least subsidize the landlords while they still have this crazy eviction law in place.

  • @InternetUser._

    @InternetUser._

    Жыл бұрын

    I grew up in SF. Will never buy real estate there. Not even interested in living in the city anymore. Not a good place to raise kids.

  • @alyross2850

    @alyross2850

    Жыл бұрын

    Really, what right did the government have to say….hey, tenants, don’t pay your rent? They never had the right to do that. If I were still a landlord, I would be beside myself.

  • @maxangeles6279
    @maxangeles6279 Жыл бұрын

    for a young guy, you are so right!! :) keep up the great videos!

  • @Grushenke89
    @Grushenke89 Жыл бұрын

    The increase in prices is more like 50% for lots of items, not 5%

  • @Userxyz-z2d
    @Userxyz-z2d Жыл бұрын

    State of California defaulted on their $18.6BILLION debt & are charging business owners for it!

  • @jenna6256
    @jenna6256 Жыл бұрын

    I'd sell my property to get out of that situation !!

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    Good luck, selling it who wants to inherit a deadbeat tenant that's not paying

  • @jenna6256

    @jenna6256

    Жыл бұрын

    @@MichaelBordenaro True

  • @edge918
    @edge918 Жыл бұрын

    This comment is for sweet Miss Lisi 💗 Wow, you all are still in Venice? Good for you both🙂 I hope you and Michael had so much fun and relaxation. You've got a good guy there 🤗

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    Thank you I'm sure she'll see it

  • @sunso1991
    @sunso1991 Жыл бұрын

    Ask the mafia and triads to help. And pay them instead

  • @Horseracingtip
    @Horseracingtip Жыл бұрын

    Way overpriced neighborhood. Don't buy anything this year folks.

  • @jazzmgmt
    @jazzmgmt Жыл бұрын

    Hi Michael, your points are well taken with regards to rules being "temporarily" made for one thing, and then being justified for another. The other extremely unfortunate and sad reality of the situation is that I believe these cities such as Los Angeles are also looking at people who are about to become PERMANENTLY homeless. Once the vast majority of them actually do get evicted, they are looking at a situation in which nobody would really want to rent to them even if they HAD the money due to the fact that they already have the blemish of not paying their rent carrying forward. And those are the lucky ones. So we are really looking at people who are going to join the EVER GROWING population of homeless lifers of which very little other than tragedy awaits. Perhaps you could say it is a tragedy for both parties. Still, I would rather be a landlord with a roof over my head, than a tenant living under somebody else's roof staring at a possible lifetime of homelessness ahead.

  • @tlindsay1007

    @tlindsay1007

    Жыл бұрын

    Whenever the government gets involved in trying to fix housing, it makes things worse. If CA is going to comtinue their insanity in so many things, It's only going to keep getting worse there.

  • @melanielattanzi9388

    @melanielattanzi9388

    Жыл бұрын

    Good points. Very sad situation.

  • @JBoy340a
    @JBoy340a Жыл бұрын

    A few things are wrong with respect to the eviction ban in California. First, the state ended its eviction ban on June 30, 2022. Second, any extensions are city by city or county by county. San Francisco City extended its eviction ban until June 30, 2023. Many counties/cities did not go beyond the state eviction ban.

  • @kq2799

    @kq2799

    Жыл бұрын

    Don't let them FAcTs get in the way of a good utube cali-bash...

  • @jimshoe402

    @jimshoe402

    Жыл бұрын

    Court Date 2050 😁😁😁😁😁

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    That's pretty much what I said in the video we were focusing on LA and San Francisco

  • @TheHomeExpert5
    @TheHomeExpert5 Жыл бұрын

    Did you see the little gator in the lake around minute 4?

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    No I didn't see one, I was looking for them, still didn't see a gator this whole trip

  • @tamjeanell
    @tamjeanell Жыл бұрын

    Ppl are living together...bigger families in homes..

  • @Todd4America
    @Todd4America Жыл бұрын

    Happy belated birthday Michael, sorry I missed it Sunday

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    Thank you!

  • @FreeAmericanUSA
    @FreeAmericanUSA Жыл бұрын

    CA has already failed. Imagine what will happen over the next 5 years.

  • @pamcornelius9122

    @pamcornelius9122

    Жыл бұрын

    They’re trying to implement their socialist policies nationwide.

  • @NuNugirl
    @NuNugirl Жыл бұрын

    Hi Michael. A Wholefoods is coming to Viera, Brevard Co. I worked for them, so I know this means the area is hot! I will bet a Apple Store is next. That’s my tip.

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    It sure does mean that!

  • @thearch1tect249
    @thearch1tect249 Жыл бұрын

    Is California or any other state/city protecting the landlords who depend on tenants rent in order to pay for their loans on the rental property!! We truly live in a clown world!

  • @tommorningstar6373
    @tommorningstar6373 Жыл бұрын

    Another day, another dose of reality. Venice looks nice. I still favor Ocala. If I got a windfall it would be the Villages (Marketplace). Really dug your Villages video series.

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    Ocala definitely the cheapest option even today

  • @midnightrider5797
    @midnightrider5797 Жыл бұрын

    The seasonal job market will carry the economy for the 100 days of summer, then the recession lag hits the job market going into the fall and winter months, that's when unemployment and job loss will rise significantly.

  • @MichaelBordenaro

    @MichaelBordenaro

    Жыл бұрын

    I think so, too

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