People Are BEING FORCED TO LIVE IN THEIR CARS!
ฝัง
- เผยแพร่เมื่อ 27 ก.ย. 2024
- 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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#realestate #housingmarket #homeprices #housingmarketcrash
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Gen Z DOESN'T WANT TO WORK ANYMORE! th-cam.com/video/fKdUhVriw4o/w-d-xo.html
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...
@@angrydragon4574 You should stop doing drugs.
Great content. Thanks for sharing what's happening with our U.S. economy.
I love Gen Z they are wonderful young people who are being short changed.
The temptations in the wilderness were
Title (registration)
Name (drivers license)
Status (proof of insurance)
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.
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.
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.
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
Certainly, 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 years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
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.
All of the problems!!🤨🤨🤨🤨
Well said 😢
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.
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.
@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
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.
A very wise idea, I hope that you have a successful life my friend :)
Mayybe this afternoon.
Watch your health and make sure you have health insurance. Nothing can wipe out faster than medical misfortune.
Make sure you stay out of civil courts and health system. Anything you pay $300 an hour for that is not easy to get out of, that’s our “legalized” predatory finance territory. They can wipe out 6 figures very fast.
💎🙏🏾
I'm 36, never married, homeless since the pandemic, and living in an old Toyota Sienna minivan now, despite working, and not addicted to drugs.
Same here. I'm homeless but I work full time and there's always some jerk off who thinks that I must be lazy.
You are not homeless then.
@@williambraganzahanna950 Not homeless? Say's who?
@@williambraganzahanna950 if you have no address or home then you are in fact homeless
@Network126...Do you have any debt? Student loans? Personal loans? 🤔
If you can’t afford rent and homeless is a crime then what are people supposed to do??
I guess move in their car out of state. That’s what I would do.
Let the state feed you and house you in the jail house, they will throw you out eventually and buy you a bus ticket.
Excellent question
Exactly lose lose
STOP VOTING DEMOCRAT...
What's going on with the economy should be called economic warfare instead of inflation.
You will own nothing & be happy.. all By Design
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. 😮
In CA retail theft lawyers have been saying stolen goods were on sale to keep stolen amount under limit for felony..😢
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.
@@adamsnelson4689 Just not sure about the being happy part…
I can personally see the fabric of society falling apart greater by the day.
When it becomes a tidal wave, no amount of laws will save them from from the ravages of an insane system.
@Joe-no7gs both.
But hey, it's okay...cuz Joey says everything is FANTASTIC, best economy ever
@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
It's all Dimentia Joe's fault.
@@mindlessdillan What is most distressing is that our government is becoming so corrupt, we may lose this country and become like Mexico or Brazil. The Cartels are running alot of the states already, such as CA, NM, AZ.
The media for political reasons, wont call it what it is, we are in a depression.
Programs like the Today Show can't sell that to the masses.
I think we are more like...done... forever
Well done, unfortunately
The worst thing is all the seniors falling into homelessness 😥
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
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. 😊
People working full time jobs are living out of their cars
@@addiecobb5351who is Manny?
He says they will be evicted as squatters then will be “concentrated”
Its greed. Every single bit is driven by greed.
Damned right ✅️ 🤨🫤☹️
Always.
NWO
Absolutely. 💯 percent greed.
Worship money
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!
where?
And Medicare part b gets canceled on The Disabled American! Thank the leaders in DC!🤨
@@michaelsyufy7733 Exactly. That's a damn shame how we are treated.
@@clyde19788do you under a rock? 🪨
Whether there are migrants or no migrants, this would still be happening.
Seniors are being forced out of their homes due to the ever-rising cost of rent, taxes, insurance, etc.
☝️
You had the best economy, the strongest dollar, the cheapest goods, and houses for next to nothing.
Spare us.
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.
What seniors??? Where???
@@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
Shopping Centers in Sarasota are full of people living in their cars
So there is a reason to go to a mall.
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
😮
@@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
Sarasota California?
While we have trillionares ,making there fortune off the backs of the workers who cant afford to live. Very shamefull
When is the last time you employed someone?
800 people with 80% of the money
Cant afford to live and Injured now because of a slave labor job.
@NationalGeographx more than you you don’t even know a billionaire
Name 1 trillionaire. Name one? And don’t say bezos….. he pays triple the minimum wage to all Amazon employees at $22+ hour
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.
And yet we have opened our southern border to 10 million “newcomers” who have no way of supporting themselves. Completely unsustainable (by design).
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.
@@KayFabe87 speaker Johnson says it's 16 million and Trump says it's 15 million. The population of los Angeles is 4,000,000.
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.
@@burmy1552 Bidinions 😂
Wait until gas prices hit double digits per gallon. That's gonna be a wake-up call.
Is that how they're going to force us to go to electrical vehicles?
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.
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
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.
Politicans would see only lazy people there.
Did you lose count?😂😂😂
And what has governor go-go boots done to make a difference?
Homeless people flock to warm climates
@@pauls-finds And you don't fall off.???
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
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.
In Florida, a 1 bedroom apartment is $2000 a month.
My sister is paying $2000 a mo for a 1bd apt. This is Broward County, South FL.
East TN 3 bedroom 2 bath $2900-$3100
@@Leonnie13, That's unreal, yet sadly it is real.
I work 70+ Hours a week and still have to live in my car in San Diego. Yeah it sucks, paying rent sucks too...the worst part is the twiglight zone effect, where everyone is acting as though everything is fine and as if im the only one struggling.
Pretty sad talking about people having to live in their cars while walking past million-dollar homes😢
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.
House insurance is understandable, The last twenty years have seen nothing but devastation by erratic weather. They cant keep up.
@@taroman7100 -- That is your opinion, and, in my opinion, you are clearly wrong.
@taroman7100 Another, ' Climate change is the problem' zombie.... make sure you keep up with your boosters..
Not in florida anymore
@@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.
Some would sneer a while back & say I should've "planned better" for retirement. No way anyone could plan for economic collapse.
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
I hear you. Try living through 3 major U.K. recessions …
I worked at a bankruptcy court for 30 years. I learned and planned accordingly retired at 55 with no mortgage or car note.
65% of Americans don’t make enough to cover the basics. Retirement is a luxury.
What economic collapse ?I am making a fortune.. 5k most days. Is this the losers channel ?
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 😂
Blackrock will be there to scoop em up.
In Germany empty houses and flats are occupied with Immigrants. Their rents are paid by the governement.
@@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.
@@hbarfan9383
Other countries will be happy to tax you.
@@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.
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 …
Where is your campground located at.
I live in Stuart ,FL , 1000+sqft apt 2 bedroom, 2 bath with swimming pool,wifi internet ,no mortgage and I pay less than $700 a month, I had a $2,500 assessment that I hope was the last for a while. I could compare that with fixing something that breaks down if I lived in a camper. The difference would be that if and when I decide to sell it, I could get at least what I paid for it.
Truth about that but living in ur car alone as a female is downright dangerous
I think it would be dangerous for anyone….unless you have a gun.
$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?
OMG this made me laugh so hard and your description of Florida is right on target!
Yes they’re investments not houses
Agreed 💯😎 Black 🖤 Banana truck Republic of FJB clowns 🤡
CARTEL 😤😤😤😤
Nailed it. They're hoping that the next drug dealer will come along to rent it.
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
🤣👍
Yeah Michael is the Morrissey of the internet world.
Him and Nick Girly have figured out that fear sells. Their videos are mainly about click baiting people, by my standards. Mike I think is smarter than he appears to be on here; he's quite a successful realtor. He acts like an advocate for the working poor.
I would love to live in a van by the river but my wife and kids aren't keen on it😂😂😂😂
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!)
Ditch them 😂🤣
@@RobertSmith-jd6wb LOL Then I would be too poor to buy the Van after alimony and Child support
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.
🤓 "Well whoopty freakin' do!"
Glad I stayed in what realtors call a “starter home”. All paid off and no taxes.
As a disabled combat veteran, i broke my back for my country and I can't afford repairs for any RV.... I'm in a camper van
God Bless you. I feel like we're in the same boat as a Veteran.
*The struggle is real*
I wrote a song about service people ❤
They have to raise your car insurance, now that you live in it...
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.
Shhhhhhhh!
Don,t worry your turn will come too 🍀
Who would be dumb enough to tell them. Just get an address of family or friends.
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..
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.
Sounds like you did the right move.
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.
Seems like the right place for you. Still in CA and it is working for us.
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🙏🏾🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸✌🏾
Wow - nice deal you got going there. Best wishes.
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.
As long as you can afford vehicle breakdowns & insurance - no insurance - no plates
80 % of them it,s by force , but don,t worry be happy the worse is coming 🍀
Fulltime Hyundai Accent Hatchback life is much more economical
@@patriceh-tissier6425 Exactly! Buckle up Buttercups!
@@Tater-Skinz exactly right - things deteriorate - gravity eventually takes everything
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!!!
I drove to Florida from Arizona due to the crime and crazy rent there, figured Florida would be a safe haven for a good american to start over.
Nope! I was wrong.
Drove to Pensacola applied to jobs they took to long, the wages were dirt low in IT and spring break hit!
Hotels shot up so high! Airbnbs sooo damn high!
I'm a woman, a military parent at that, and I ended up sleeping in my vehicle at the beach away from the city to avoid rift raft. I slept with one eye open, it was so hard and so stressful. I didnt want to get into trouble and it was stressful during a lightning storm at the beach. No fun. I tried. Left florida
All these living in your car videos mislead you, its not fun and its not a good way to sleep. I learned that on night one. 😂
In My neighborhood in Aberdeen WA, every other house has a camper or RV in the driveway housing friends or family.
Before I paid $15,000 per month for that house I would live in my car too (regardless of my income).
That is if you can pony up $5000 a month for a Mini Cooper. Front seat rented to someone else.
@@garyfrancis6193 True 😂
Is it for the month or year? Annual on the listing info. ?
Exactly, so ridiculous that price. Whoever owns that house is going to lose their ass. Should be illegal....
Incomprehensible amount per month for rent $9k ? Who’s making that kind of money ? .not me 😮I’m the opposite of this,2013 I was living in someone’s house $400 month everything included had my own bathroom and shower and rights to the kitchen !sweet deal for 1 person ,
Quality of life has dropped a lot in the last 25 to 35 years. Can I time travel back to 1950 please?
No.
1971 when gold decoupled from the currency, thats when it started
Not if you black no thanks
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.
Yeah, without all the Nicotine….lol
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
This is true
Below poverty after all deductions & monthly needs.
Its a chosen CHOICE. I lived homeless for two years in the backseat of a car by myself. Woke up one morning and said enough. This is bull... Walked down to a fast food place and said I was hungry but also greatly needed a job. They offered one.
Three years later still working there and enrolled in college. Three and half years later in college and still working at night at the same fast food place an employer at a college job fair offered me a job one and a half semesters before I graduated. He nor the job wouldn't wait and it was overseas for two years. I dropped out planning to come back and finish. Worked over seas built trust and reliability with important business men. Ended up traveling the world, starting and owning three Corporations, now numerous real estate holdings, a landlord, a lender and still going strong.
Why? I woke said enough, left every single druggie friend behind and loser I hung around with and never looked back or went back.
AND I NEVER TOOK ONE SINGLE DIME FROM THE GOVERNMENT OR STATE.
From searching for loose change between my car seats and searching for empty coke bottles in ditches for the deposit just so I could eat something.
To living the American dream all because I made another choice and did something about it.
I lived in a ford fusion once … it was cool for about a week lol
Did you at least keep that hair looking good
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!!
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.
And I'm certain that you made a heafty profit on the house sale
@@gregorylyon1004 It was decent enough my friend.
Most cant do what you did. Id love to, but don’t have the money
You built a trailer
@@eddiekulp1241 Gooseneck hitch.
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.
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.
Beats the alternative.
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 😉
The police are the most concerning I can’t sleep in a car because I’ve woken up getting arrested before
You can put armor in your car. Like Madam Max, the movie and still have money left.
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?
LOL! Another clueless socialist. Put yourself in the shoes of a developer, or anyone else's besides your own, you might learn something.
@@joeashbubemma really? It's all about pleasing the shareholders. There is absolutely no need to have the rent that high. I'm no socialist by far. It was admitted to me by those who run these places that they know they need to lower the rents, but nobody wants to budge because when one budges on the rent and lowers it, the other developers have to do the same. They want to make as much money as they can, for as long as they can. So, you're the one who's clueless not living in the real world obviously.
@@joeashbubemma also what they need to do is stop giving these guys tax breaks for having empty apts. It's an incentive to keep the rents high. Idk about you but I'm tired of seeing people having to live in their cars or in tents because they've been priced out.
@@dan-qe1tb yeah well smart guy. 2/3 of the workforce in florida make under 50k a year per individual. You know, the ones who service all those "rich" people. The ones who complain there isn't enough service because the business can't get enough people to work somewhere they can't afford to live. Get a clue before you spew out garbage. Another thing, because of the biden economy, prices of everything including food has tripled. So yeah, a little relief in housing would be nice. Watch what you say, or you're gonna end up in the same boat one day. Karma is a bitch.
If people, who are not substance abusers, are involuntarily living in their vehicles then please tell me how are we not in a depression.
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.
And Hooverville's Sprung up everywhere!
Coming Soon: Bidenville's 😢
Seattle's was from 1929 to 1941
1929
7 years to recover your savings
15 years to completely recover.
Something like that
The depression is coming again
@@sierrasky2491
I think the recovery date was 1954
@@gregorylyon1004 you may be right
Who in their right mind would make a substantial purchase, such as a home, in today's financial environment?
It would be insane.
People that need a place to live would be my guess.
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.
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.
People who expect it be bailed out when they can’t afford it.
People are dumb enough to look on social media and buy something they can't afford just because their "Friend" Has one.
This started about 10 yrs ago and now its commonplace. I lived in my car in 2014. Not by choice
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.
Amen
Wish trump would pick him for the v.p.
"Living in a van down by the river." Chris Farley.
Bro living in your car is homelessness
But it isn't carlessness.
Not when your parents have a home where you can at least cook and hang out here and there. If my parents die before me ill be selling the house and living like a King in Thailand...
@@GeFarr until you run out of money
@@GeFarr okay.
@@xbirdsofparadise errrrrrrrrr please respond
i know over 20 people that rent out a room in their house to cover bills.
Airbnb??? 😂😂😂😂😂😂😂😮😮😮😮😮
People living in cars isn’t new trend, it’s been going on for many years already.
Happens to other people...The ones who smoked cannabin behind the bike sheds and called me a square...
There are so many services and situations where a street address is demanded, a PO box is not acceptable.
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.
That's a smart thing to do! You're exactly right in saying they're a big rip off.
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 !!!
@@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.
@@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.
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.
Sounds like a tiktok influencer
Humans like to speak their poor life beautiful!
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.
@@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.
@@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.
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.
Yep. Had same issue in the 80s. Ended up crashing on a couch.
Yep.
~ 🦋
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
@@censoredeveryday3320 That is called fraud. pack A toothbrush
say it again about the three times the rent!!!
I lived in my minivan for 3 years! I set it up as a camper, solar, 12v fridge/freezer, 30Gallon fresh water barrel for cooking, drinking and showering, a propane tank for cooking, diesel heater for winter and super comfortable bed with storage underneath! My only expenses were car insurance, gas & food! 10:32
I am a case manager in Florida. I would love to know what shelter he is talking about. There are very few shelters in Florida and very little access for help in the homeless population
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.
Will you please elaborate on your bank account being canceled? How exactly did that come about? Why would a bank close your Checking account?
@@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.
@@Stall-FedCalves I can't see my reply Is it visible?
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.
@@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.
When does the bough break, when does the cradle fall? There is a reason why greed is one of the 7 deadly sins.
It's greed by UN design.
Thou shalt not covet they neighbors goods.
Soon. VERY soon. 😳
Happening all over the world.
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.
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.
West Virginia is cheap
@@hcox1111 WVA is beautiful too, problem is the house and apartment inventory is very low, hard to find very many places there.
@@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.
Head to Virginia
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.
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. 🤔
Mike, you keep hitting it out of the park! Keep up the videos!
Yup, left and became a vanlifer for the past year. Traveled the country and worked on the road. Used our little savings up, now back in Florida living in a crap hole camper, but hey, we got a roof over our head, no property taxes, and 13$/hr jobs. Food banks help. We are tuff, poor but happy.
I can’t even live in my car anymore because I can’t pay the insurance
The losers on this channel don't have insurance either
At least we give billions to Ukraine.
It will cost us a lot more if Russia takes over Ukraine. Its a small cost compared to the 1-2 trillion dollars it will cost us to build a defensible position in country's that border Ukraine if Russia wins.
..and billionaires got their permanent tax cuts under 45.
@@damianm-nordhorn116 he really did a number on you, pal. Where did he touch you..?
@@jazzmachine
FACT is that the 2017 law costs about 1.9 TRILLION over ten years (average 190 B per year) and about 350 B from 2027 on.
Now compare that to roughly 100 B to Ukraine over two years, and that's in fact mostly the price (book value) of ONCE sent hardware (not permanent subsidies to the Ukrainian budget), taken from old stock due to be replaced anyways, feeding the US industry.
Yeah well.. there is always that..... lol ... Your Government is BORROWING all of those BILLIONS
And yet Powell and Yellen can keep a straight face!😂
And they are living in their MILLIONS AND MILLIONS OF DOLLAR MANSIONS.
of course. They ain't hurting
Rand, McConnell are also not hurting, neither is D Trump, DeSantis, or Pence.
@@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.
I know someone who gave up on homeownership after waiting for 4 years for the crash.
no crash coming
Alot of people waited and are still waiting.
My kids tried living in their cars one summer in Summit County Colorado. They took showers at the Breckenridge Rec Center, and drove to someplace rural to park and spend the night. They stated they spent a lot of money on gas, plus a lot of money on food with no kitchen, plus club membership at the Rec Center. In the end they claimed they didn't save money compared to when they rented a Condo.
I can't imagine why nobody wants to rent that house for $12,000 month 😮😮😮
The owner is bonkers
I have spent a small amount of time in Florida, it's too hot to stay in a car.
Even here in the Northeast you would bake in a car in the summer.
You can in the winter months, but dew points of 75F at night arent too cool
That’s true. But you can sleep outside the car. And use the car as an oven to cook a pot roast in, in the daytime. Especially now. Been in the 90’s all month already. Pretty much 95-96 for the rest of the week here in SW FL.
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…
Never had a better Governor though!
@@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 Politics and agenda caused the Pandemic >lockdowns >inflation. Do you live under a rock?
@Joe-no7gs The UN agenda is what matters and who wants to go against it.
@@debbiec6216 Ron DeDichead!!
"And where do you live sir?"
"2004 Honda Accord"
Government sold us out ,it will be Mad Max very soon! 😔
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.
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!
Those rental prices are insane!! I am very fortunate that my house is paid off all I have to worry about it property taxes and repairs, AND STILL just getting by.
Always appreciate your work Michael! Thank you!
CA retail theft charge of under a grand is barely a misdemeanor. This is what the legislature and governor call "equity".
Move to Hungary or Somalia
Hiding the homeless problem doesn't make it go away.
Before my kid sleeps in his car he or she is coming home. I don’t care if they are 40 years old ❤
Living in a car is more expensive
@@SSNESS lol yeah okay you just posting for attention. 😎
My mom didn't care
@@gigi4life423 I’m so sorry to hear that. Take care and become the stability you need.
Last time that I was in California, I was totally in shocked by the deteriorating state's of everything and in some places, it's difficult to even to walked alone a sidewalk and I just had gotten back from a few months of being in Mexico.
I felt, so confused and frustrated... 😊
Worried 😢😮😢😊💔🥺💯
I'll keep my old farm house that nobody wanted back when I bought it in 2008. I bought my house for $30K dollars back then. I have dumped $10K into the house to fix the many issues it had. But I owe nothing. It's a keeper no matter what it looks like.
I rather live in a van than a mortgage, power ,insurance and upkeep
Michael mentioned people making this choice rather than being a slave to a house.
@@JBoy340a Getting attacked every night by other losers ?
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.
I knew people that lived in campsites in the 90s. Especially in the desert areas it is not too bad.
Slab city is growing.
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!
I just munch on popcorn.
This man is telling it like it is. Thank you!
I imagine that once this trend of " van / rv living really takes off, the state, county & city will eventually get involved with either outlawing overnight parking or charging an exorbitant fee to be " within " their law. I can see permits being mandatory soon ! And forget RV parks their prices have become so ridiculous that it's almost better to Motel 6 it...
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.
Yes, I am putting them off. I live inside my house so the outside can wait.
Try trading someone something for work in the house?
@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@😅
Endless money pit
I just saw my old villa/condo that I owned from 2002-2004 on the market and it’s 385k and 380$ HOA. When I sold it in 04, a few years or so before the first housing crisis, I sold it for 145k and HOA was 211$. I can’t imagine paying that now for a 900sf 2/2. It’s crazy what’s going on out there. This is in Pembroke Pines right behind the pembroke mall.
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.
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 .
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???
@@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.
It's getting bad here in GA also
We need to help them. Some states are making it hard for people who live in their cars to park in parking lots overnight. Thats awful.
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.
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.
I’m born and raised as an Iowan Once I get my flight school done in Orlando I’m leaving the state and not looking back traffic is bad everything is so expensive over building I can’t find a job at all too many people to compete against wages are bad I’m out and I’ll possibly head back to Iowa or another southern state
Come on back! The weather still sucks, but the house-prices aren't crazy if you don't mind the small-town life.
Don't move to Texas, already hitting 32 million and one third the state is desert! Wwest Texas is terrible and Dallas and Houston are crime snd drug infested, Austin, city for the millionairies only ,good luck,!😮
I'm 75 and have first hand knowledge of living in Florida (New Smyrna, Orlando, Clearwater) since the 50s. Florida used to be nice but has gone to hell since the late 80s. Move back to Iowa. The people are nicer and more friendly and with global warming the winters are not as bad as they used to be.. I now live in Atlanta metro and it sucks tremendously. Soul sucking traffic, rude people, terrible healthcare, the worst VA healthcare system in the country, flying and stinging insects, chiggers, fire ants, insufferable heat and humidity, illegals and foreigners everwhere, rising costs for anything and everything, are all the reason why I am moving back to OHIO. Small towns in the Midwest are the best place for people to live.
@@AmandaFarmer-y1g it is better maybe I’ll live in Des Moines and be based out of Minneapolis and commute there in a plane out of Des Moines we’ll see what the future brings I’m still living in Orlando
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.
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
@@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.
@@gregorylyon1004 I "saw" Gregory, not SEEN. First grade English. Your lack of knowing grade school English is understandable, since you were (not) educated in Michigan.