IMF WARNS THE FED! Rate Hikes MUST CONTINUE
ฝัง
- เผยแพร่เมื่อ 12 มิ.ย. 2023
- The IMF or International Monetary Fund recently warned the Federal Reserve and all other central banks across the world that not continuing with more interest rate hikes, will be devastating to the world economy.
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Everything Is Completely UPSIDE DOWN and WILL COLLAPSE th-cam.com/video/vavKk-7cMrQ/w-d-xo.html
Show us the real estate prices once the Economy ticks downwards! This will give us some insight of how everything is over valued due to a ton of money being printed. The housing market should correction between 30-40% some people are calling for a 90% correction...
Nah mike keep showing us these listings by you! My buddy does the same thing in Sarasota & it boggles my mind. The housing market in rural north Georgia is still high but it’s at least getting back to “normal “
Are banks already foreclosing on homes do you know Mike?
Sold for $1,7774,000 on 9/15/21 and then asking $6,775,000 less than a year later on 6/24/22? Definitely please keep sharing this insanity. Sellers are nuts!
Buyers are nuts!
Everyone is nuts!
Maybe it was a fixer-upper.
😳😳😳😳😳😳😳😳😳
@@sungchoe4370 The lack and shortage of workers is making the flip a very difficult thing to do these days. Just trying to get an electrician to a job site could be a 4-6 month journey.
Yes, please continue to do your "Crazy House" listings segment. It's great to see these houses for sale that you come upon during your walks. The property tax graphs, etc are great too. This channel really works because you're talking real estate and finance while walking with these beautiful and serene backdrops. You keep moving in the right direction. One of my favorite channels on TH-cam.
Yes...crazy. Someday? we will remember and enjoy some schadenfreude
Raise your hand if you still don't see the entire country being taken from us as a result of our vote in the last election. My son will never be able to buy a house in his country. Those on government assistance will never get off now. Kiss the middle class goodbye
the ultimate plan push the middle class down with the illegals and low lifes
Yep idiots who voted for diaper in chief
I own my home. No mortgage. I have been looking since 2020. I WILL NOT buy a $150,000.00 house for $300,000.00. I will just stay in my home.
100 percent appreciation is peanuts in south Florida. I’m seeing 400 percent in palm beach county. Of course south Florida is mostly made up of flippers and investors doing most of the buying. Biggest Ponzi scheme is our history.
Yeah but if you had bought a house in 2020 you would be sitting pretty right now. I bought my duplex in 19, in 2020 they listed a townhome next to me for 220, should have bought it because less then 2 years later they were selling near 400k! Inaction is the worst, gotta keep on moving and progressing, I learned that the hard way
@@nikkonikko6422 people learned the hard way in the late 1980s when homes crashed 50 percent in the 1990s. And then again in the mid 2000s when they crashed another 50 percent. At least where I live. Way higher values and WAY more speculators this time around
@@nikkonikko6422
I am not a high roller. Just an average person. The housing market is nuts.
More regular people need to share the insanity they see in their line of work or in their experience so the rest of us can benefit from their insider knowledge.
I am a nurse and I am starting to share what I see as being outrageous from my expertise.
Please keep sharing your truth when you see it.
Please Michael, keep showing the insanity of RE prices,just to open our eyes!!!
I just love how Michael explains and talks about the real estate market. Even if you haven't been to college or aren't a real estate agent, you can understand everything Michael is talking about.
Thank you Michael 😊
That’s very nice of you to say thank you!
most people that just sold their previous house and are purchasing a new home can pay cash. because the values have gone up almost everywhere, and most people have made money on the homes they are selling. I dont think its wealthy people paying with cash, its just people that just sold their previous house.
"Healthcare" is at #3 for bankruptcy despite massive profiteering from forced medical procedures via jabs and covid protocols‽
A hospital would receive over $13,000 for diagnosing a person with C19 and $39,000 for Ventilator Treatment as "compensation bonuses".
Hence, why so many ended up on ventilators that didn't need it and died from blown-out lungs....
"Show me the incentives and I’ll show you the outcome." - Charlie Munger
Pneumonia = $4000
Covid = $13,000
Ventilator Treatment = $39,000
Keep on showing all these crazy houses and every other house too.
Keep showing them, Michael. It's fun seeing how crazy people are. 😆
I know it’s pretty laughable that some of these pricing situation’s😄
I think that showing the outrageous priced houses should be put into more context. Show us their neighbors houses, view across the street, and their sale price.
As a small business owner, I can tell you my business has been in a recession since June 2022. But it's not official because the definition of recession has changed. Just another way to pull the wool over our eyes. Just look the other way. Nothing going on here.
I'm also a small business owner, and I've felt the recession since that same time too.
People flocking to " hard assets" such as real estate and gold because we can't trust our government to uphold the dollar.........how can we trust government to uphold property rights? If the country falls due to numerous factors like the dollar no longer being the primary currency, your real-estate can be seized along with your gold. If that happens, carrots and potatoes will be more valuable.
Very sobering. The oligarchs will have managed to reduce us to a nation of sharecroppers.
It’s obvious property rights aren’t honored by the government now. Old people being evicted from paid off homes they raised their families in because of exorbitant property taxes is horrific. It should be illegal. The fact banks keep all the owners’ equity when homes are in foreclosure is another crime. It’s as if the US is a giant casino & the house always wins.
Michael Bordenaro for Fed chair 🇺🇲
End the fed
@@patheticprepper4496Funny how they don't see The Federal Reserve as the problem in Clown World 😂
Rate hikes NEED TO HAPPEN!
Thank you Sir for your wonderful channel.
I really look forward to watching every day.
I still can’t believe these outrageous Taxes going on over there.
And YES 👍 I love looking at the houses you pass by on your walks.
Keep up the great work my TH-cam friend.
Blessings, Carlos ✝️🙏❤️😊
I'm in golden handcuffs with my 2.25% 15 year mortgage I got about three years ago. Two weeks ago I cashed out 60k from my brokerage and put most of that in a 5% CD. If shit hits the fan I have 4 years of mortgage payments saved. Bring it on fed! Love the channel btw
Not a bad spot to be in
when everyone defaults, you will have 2 years of property taxes...
@@hvaball150 false property taxes is more heavily weighted on the original purchase price
@cpears24 until its not... like, umm, a crash.
@@hvaball150damn this is soo true!
Seeing how so many investors are out there wasting money is my personal highlight of your vlogs. It confirms how good the declines will be for we regular people folk who have been saving for years only to have deep pocketed non residents chase us out of the market.
exactly! does anything ever hurt the rich. I have to move or I'm gonna strangle my neighbor's dog!
Please keep showing us these ridiculous prices on these houses! I hope all these companies ridiculous people somehow learned their lesson
The fact that some people thought they were going to come down after it just began baffles me. 😂
Yes please Michael, keep showing the houses and their history of prices, i, and I’m sure many others find it most interesting.
I love your videos. You are very honest and right about all that you say. I have been telling friends all this for years. Our financial corruption and our moral corruption.
In Sweden the construction market is in the start of a free fall. With a lot of lay-offs!
Hi Michael, please keep doing the videos the same way including the real estate pieces even if outrageous . If possible, try to walk a mid end and lower end family oriented and decently safe neighborhoods at some point to show some real estate price contrasts in Miami. Thank you for your thoughtful videos.
I would love to, but unfortunately that doesn’t really exist around here anymore. Houses in Miami that are below 400 K are now in the hood. Not safe.
I really enjoy looking at those houses. I can’t believe the govt. charges that much in taxes. It’s outrageous and frankly immoral to soak people like that.
Thank You Michael, Happy Tuesday! Yes, keep showing the houses and property taxes.
I vote to keep showing the houses that are for sale with the sales history and amount they are currently asking for. I also like seeing the property taxes. Thanks!
"Denial is not just a river in Egypt."
Please continue with real estate prices and taxes. Thanks 😊
Hello Mike, Thank you for the update, and please continue showing houses' sell prices / listings during your walk. Keep up the significant updates!
Will do. Appreciate the feedback👌
please keep showing the real estate taxes and sales history. Thanks!
You know it's all public info
👌
Definitely keep doing those walk-by house prices with insane property taxes. In less than 20 minutes you do an amazing job coving the Fed and your synopsis on the stock market, especially explaining the S&P 500 chart comparing 2008 time-line crash to current, eerie comparison… and those in-the-know cashing out now. Interesting observation.
Yes, keep showing the homes and their insane prices! I always feel so much better, when I buy similar beachfront homes in Costa Rica and Panama. Which are 30% to 50% cheaper.
Ha ha I’m sure that doesn’t make you feel real good when you see these crazy prices
How can I look at houses in another country. Newbie trying to learn stuff
I love seeing the crazy house prices. It makes me feel better about not giving in to fomo and purchasing some overpriced house 😅
Yes keep showing the crazy properties! It helps so people in other parts of country get to see what properties look like, and there values from other states. Keep doing it I really enjoy seeing the prices, and the outrageous tax prices they have to pay.
Yes, please keep your same format. I have learned so much from your videos. Someday, I will be able to buy a home. I will know everything I need to know thanks to you.
Yes, please keep showing these crazy homes.
Yes, keep showing the prices
People fail to realize our inflation has a massive impact around the world.
wlak us through it. they used to sell a sneaker for $1 usa to the importer.
now they get $2.
go for it.
The sad thing is this fun fact. Real estate in the US is still cheap compared to cities around the world that is one reason among many that foreigners love to invest in our properties.
High rate increases will also devastate the world economy. some folks believe they will benefit from rate hikes because it could lead to lower home prices enabling them to buy a home, the problem is , if you dont have a job you can't buy a home.
The Fed will "skip". That's what Powell said they would do a couple of weeks ago. So far, in this cycle, the Fed has always done what they said they would do and what the market expects. The very low inflation number in today's report gives them a great excuse to "skip".
I think they'll raise .25%, one last raise before pausing for a while.
@@CarlWithACamera I hope you are correct, but I have little faith in the Fed. They seem to cave to political and corporate pressure pretty easily.
I also think they'll skip though they should raise. But I'm wondering what the impact of either will be! Is a skip going to launch stocks or is that baked in already?
@@michaelearlgrey That's the $64,000 question. Markets will probably rally somewhat, especially the non-tech sectors, however, it could also be a sell the news scenario where smart money gets out and books their profits.
Right here in east TN a lot of cash buyers that are keeping prices insanely high and creating problems
Tennessee is being ruined.😔
My first mortgage in the '80s was 'reverse amortizing' at 16.5%. So after three years of regular payments I owed more than when the note began! These mortgages are illegal now but they will come back when interest rates climb above 10% in about three or four years.
Thankfully I was able to lower my housing expenses by over 150%
Native American grandma 💟
Michael & Lisi 💗
Please keep educating is all 🙂 and show us every house you want to as well as the stats 🙂💙💜
Keep showing those crazy houses.
Yes, I like the house listing segments and your panning around at the waterways. Your doing a great job and I look foreward to all your video's.
Please do.. continue to share the listings/records depicting the unfortunate and devastating effects of on all of us of the bizarre and unsustainable market that we live in!
Do not ignore the crazy prices Mike! You're doing a great job!
Keep em coming, Michael
The 40 year loan just blows my mind !! Buy a house at age 30 it’s not paid off till your 70 ……. Crazy !!
Michael, many of us would appreciate it if you can upload to rumble also. Lots of people including me do not want to support this platform because of the 🤐 that happens. Plus the ads are just straight up annoying.
Yes do both if you get the time But I'm fine with U-tube... My long standing rule is never buy from ads on the television that push immorality. some are damn near soft porn now these days. Sex Sales Right! It's always about the greed of for the dollar. So Just say it!
Long of tooth, confuses A.I.
My comments are censored all the time.
My content gets syndicated to rumble, but it doesn’t perform well there. I don’t make any money from rumble either. TH-cam pays me.
Thanks for the truth Michael, this is why we support you. Guess I’ll suffer watching you on TH-cam ads and all.
Yes Michael..Love seeing the houses and don't want you to change what you do or how you do it.. Love all the information, helps all of us.
I’m in the aircraft industry. I have a small business. Banks call me say just sign your name I can get 500k by morning…. Not I’m the slowest I have ever been hardly bring in enough to cover expenses. Borrow money no way . Just a small training facility with 2 aircraft.. if it doesn’t get better I’ll have to liquidate the company next year . The cost of insurance hangar rental have skyrocketed.. I won’t go bankrupt but the business might have to close…. That will be a sad day ..
It seems every time I leave the house I am spending $100. on just basics for 1 person and a dog
I’m in California,but love your nutty listings .I can’t believe the taxes !
Debt is astronomical right now. My local dealership has more cars on the lot than I've ever seen. I've lived in my area for 10 years. They're advertising car shows at the dealership. You can feel the desperation in the air.
At this point it is very important to get rid off any debt, have savings and food + access to clean water.
Yes... love the crazy houses, and appreciate all the up to date information!!!
I like the real estate specs you do on the homes you see on your walks. Keep doing it!
I like to see the crazy houses. It’s like a peek into a world I would never see if it wasn’t on here. The prices and taxes and magical thinking are fascinating and appalling at the same time.
I love the extra details about the areas.
Yes, please keep things the way you are doing your videos. Very informative and interesting
I like the crazy expensive houses!!!
I think showing the ridiculous prices on these homes is the best part of your videos. Please keep it up show more.
Current energy policy is also something that needs to be addressed to see prices start to come down.
Yes Michael keep showing it.
Keep showing those insane prices. Really enjoy the informative videos
Your content is always interesting and balanced. The crazy prices and flips always makes you wonder if they will get sold or even rented.
I love all the research you do for your videos. Keep up the great work. And yes, I like to see those expensive houses.
Thanks Mich
Yes, please keep showing the crazy sales prices and taxes! Fascinating to see! Thx!
Love seeing the details on all the housing flips. It gives more weight to what you’re saying and shows just how crazy the (Floridian) market is right now.
Please continue showing specific properties... That's one of my favorite parts of your walks...😊
Hi Michael, thank you from a viewer from the other side of the world, keep it up 👍
Let’s keep looking at those overpriced properties. It makes me feel better to see way overpriced property somewhere else. Most homes in my area are nearly double what they should be. Very few new listings.
Thank you
I thinks showing the properties as you walk is great. Please keep doing it.
Keep showing the houses! LOL 😝 😂
Please keep showing the houses and providing the tax data.Mind blowing, you will never defund politicians with bad spending habits if you keep funding them.
MB, Yes, keep discussing the houses you walk by.
I enjoy watching your comments on crazie expensive homes
Definitely Keep showing the houses. It's really entertaining!
Yes keep up the good work!
Keep showing all the crazy houses. It’s both fun and interesting to see.
Excellent info advice and plenty of food for thought
Yes Michael, I definitely want to hear about houses on the market and their history. How about some that aren't so high priced, I know that might not be easy in the areas you walk!
I like the houses you feature and seeing the prices where you are and the home styles where you are. For instance, I like Mediterranean homes and you are often walking in neighborhoods that feature elements of that style in their elevations. :))
Love the crazy listings that show the speculators' crazy antics.
Love the outrageous listings on your walks. It's great to walk in Miami every day when I'm in another state!
yes I enjoy the crazy houses info- its interesting to hear.
The white house you walked by was GORGEOUS! Please continue doing the listing, I have learned much from it.
Thank you for the video Michael. Looks like such a pleasant time sir. Enjoy. 😊❤️
You’re very welcome. Glad you enjoyed it!
I like the sale price history and property tax info you provide. thank you
Keep showing the houses. Great job Michael.
If the Fed raises rates further, it may need to bail out a lot more banks, which may require emergency actions, which could undermine the entire tightening cycle by requiring immediate cuts and bailouts, QE, etc. It's like walking a tightrope, or some kind of extreme balancing act. Try to tighten just enough to slow inflation, but not so much it causes deflation, because that would result in a credit crisis like 2008.
It is an interesting dynamic, isn’t it
Risky operation by institutions with the promise of bailout in case of loss is the moral hazard warned about during the 2007/2008 collapse. That cycle needs to stop.
bail out banks? gtfo banks can go broke, should just confiscate everything that's relate to them banks, everything other than customers. let's see how they like to play with everyone's money then. We all knew banks is a business that just takes and does not give. But then again.. banks have everyone hostage ..
Exactly!
Florida real estate is in an alternate reality and doesn't reflect national trends but keep on giving us these absurd prices.
Yes I want to see those outrageous listings. Good job
YES!, Please, continue showing the houses. Thank you!
Keep commenting on specifics of houses! It shows real life examples of what’s happening. The tax jumps are very instructive!
Housing speculation is still going on. I was outbid on a house and the sellers turned around and immediately listed it for $50,000 more than they paid.
Yes, Keep showing the listings.