Michael Bordenaro
Michael Bordenaro
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ESCAPE FROM ILLINOIS! MASSIVE STATE TAX HIKE COMING!
Illinois is another state that is deficit spending like no tomorrow similar to the federal government. And starting in 2025 they want to raise taxes over $1 billion to continue their deficit spending. Meanwhile, their pensions are under funded and they're giving away hundreds of millions of dollars to illegal aliens coming into this country. Sounds like a plan for success...
Need a Realtor? homeandmoney.com/michael/
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Articles Mentioned in the Video
#realestate #housingmarket #homeprices #housingmarketcrash
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s UA-cam channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, UA-cam, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.
Переглядів: 64 289

Відео

People Are SICK OF HOUSING BEING SO EXPENSIVE!
Переглядів 119 тис.День тому
Home buyers are protesting this housing market, and it is showing up in the data. Home sales are now down 2.9% from 1 year ago meanwhile inventory is up 8.8% from 1 year ago. Prices still continue to climb on a median basis however, this cocktail of lower home sales combined with higher inventory means it will only be a matter of time before homes get a little bit cheaper. Need a Realtor? homea...
Say GOODBYE TO FAST FOOD! and BEWARE OF FAKE JOB POSTINGS!
Переглядів 152 тис.День тому
Now that fast food restaurants are losing customers. They are in a race to the bottom to offer the best value meal once again to try and get customers back in the store. At the same time they're trying to eliminate jobs using AI and squeeze as much profit as possible. Meanwhile we just had a job report that smashed all expectations, but simultaneously seeing numerous accounts of how many of the...
Deflation is ALREADY HAPPENING in THIS SECTOR OF THE ECONOMY
Переглядів 127 тис.День тому
Get 20% off your DeleteMe plan when you go to: joindeleteme.com/Bordenaro We talk about inflation a lot on the channel because it's the number one problem we're having worldwide in all economies and it's causing a lot of people to struggle financially. The one thing we don't talk a lot about is deflation because there's very few sectors of the economy that we see it happening in except for this...
THIS Recession Indicator IS FLASHING RED!
Переглядів 150 тис.День тому
Predicting a recession can be tricky especially since there is no real official definition of what a recession is. But what we can do is use indicators that have predicted all previous recessions with almost 100% accuracy to reasonably guess if one is on the way. And this economy is right on the verge of a big recession. Need a Realtor? homeandmoney.com/michael/ My Filming and Editing Equipment...
Mortgage Delinquencies SPIKING and HOMES NOT SELLING!
Переглядів 149 тис.День тому
If we want a preview of where the US housing market is going next, we can look in 2 places. The first would be Canada to the north as their home prices have been coming down substantially as well as their mortgage delinquencies spiking. Here in the US, we already seeing a lot of inventory stagnating and not selling and, many properties with price cuts. Need a Realtor? homeandmoney.com/michael/ ...
MASSIVE UNEXPECTED EXPENSES DERAILING HOMEOWNERS!
Переглядів 104 тис.День тому
So many people get told by others that buying a home is the smarter financial decision because your payment will never go up. Will that is only true when it applies to your fixed mortgage payment. All the other expenses surrounding your property are subject to increase and it's a guarantee that they will. And those expenses have been going up so much lately it's prompting many people to sell th...
The Job Market is in CRISIS MODE! NO ON IS GETTING HIRED!
Переглядів 169 тис.День тому
Even though on the surface, these red hot jobs reports and relatively low unemployment look good to the fed and our government there's a lot happening beneath the surface that they could care less to look into. As long as these headline figures come out looking OK they'll just keep on saying the economy is great. Need a Realtor? homeandmoney.com/michael/ My Filming and Editing Equipment michael...
It's ONLY WORKING FOR THE 1%...WHO CARES ABOUT THE REST!
Переглядів 118 тис.День тому
A lot of people will look at the numbers I will display in this video and say we have hit the soft landing and there will not be a recession and that the economy is on fire. But is that really the case? When you dig just a layer or two deeper, the data starts telling a different story. Need a Realtor? homeandmoney.com/michael/ My Filming and Editing Equipment michaelbordenaro.com/my-youtube-gea...
Say GOODBYE! HOA Karen Just Got CANCELLED!
Переглядів 165 тис.День тому
HOA Karen's are FINALLY BEING CANCELLED! Florida has new HOA laws that go into effect starting July 1st to start limiting the abuse of power these HOA overlords have had for way too long. It's a long overdue change in favor of property owners and is hopefully the first step in making HOA communities more fair and equitable for everyone. Need a Realtor? homeandmoney.com/michael/ My Filming and E...
SURPRISE HOUSE PROBLEMS WE DIDN’T KNOW! (Buyers Remorse)
Переглядів 137 тис.2 дні тому
According to the latest survey from clever real estate 82% of recent homebuyers, have buyers remorse due to one aspect or another of their recent home purchase. That is way too much in my opinion and it's proof that people are not thinking before buying houses. They're just jumping in with FOMO and worrying about it later, this is going to have big impact on the future housing market as these r...
PROOF! The Car REPO CRISIS IS GETTING WORSE!
Переглядів 169 тис.2 дні тому
Car repossessions and delinquencies have been exploding over the past several months and it will likely only get worse as we head into this economic downturn. Today I'm bringing out an expert on this topic Brandon from Car Questions Answered. Feel free to go and check out his channel here:www.youtube.com/@carquestionsanswered Need a Realtor? homeandmoney.com/michael/ almost My Filming and Editi...
People Have STOPPED PAYING THEIR STORAGE BILLS!
Переглядів 162 тис.14 днів тому
More people have stopped paying their bills on their storage units or are falling behind. Simultaneously people are falling behind and all sorts of other bills like credit cards, car loans, even mortgage delinquencies are starting to tick up as well. If people were doing great financially this would not be happening. Need a Realtor? homeandmoney.com/michael/ My Filming and Editing Equipment mic...
FAKE WEALTH EFFECT TRICKING PEOPLE INTO SPENDING MORE
Переглядів 123 тис.14 днів тому
The wealth effect is a financial principle that says when peoples home equity and stock market portfolios are doing well they tend to spend more money in the economy than they otherwise would. However, this wealth effect is fake, especially since the current wealth that people have accumulated has been based on a bubble economy, and none of that wealth is actually realized until it is taken off...
People Are In SERIOUS TROUBLE! YOLO Spending IS OVER
Переглядів 178 тис.14 днів тому
The days of everybody spending money they don't have is coming to an end. And don't just take my word for it. All you have to do is look at recent earnings reports from companies like target Starbucks, McDonald's and they're all going down. People are being forced to cut back on spending just to afford the essentials right now. Just another sign of a "strong" economy... Need a Realtor? homeandm...
People Have STOPPED BUYING FLORIDA CONDOS!
Переглядів 164 тис.14 днів тому
People Have STOPPED BUYING FLORIDA CONDOS!
Fast Food BANKRUPTCY! BurgerFi GOING DOWN FOR THE COUNT..
Переглядів 134 тис.14 днів тому
Fast Food BANKRUPTCY! BurgerFi GOING DOWN FOR THE COUNT..
0% Mortgages Next NAIL IN THE COFFIN For Housing Market
Переглядів 280 тис.14 днів тому
0% Mortgages Next NAIL IN THE COFFIN For Housing Market
IT'S FINALLY HAPPENING! Corporations Are TAKING LOSSES!
Переглядів 150 тис.21 день тому
IT'S FINALLY HAPPENING! Corporations Are TAKING LOSSES!
Real Estate Agents Are RUNNING OUT OF MONEY!
Переглядів 266 тис.21 день тому
Real Estate Agents Are RUNNING OUT OF MONEY!
NEW ECONOMIC WARNING From EX Home Depot CEO
Переглядів 132 тис.21 день тому
NEW ECONOMIC WARNING From EX Home Depot CEO
PROOF! The Housing Market HAS ALREADY CRASHED...
Переглядів 160 тис.21 день тому
PROOF! The Housing Market HAS ALREADY CRASHED...
Ford, GM, Stellantis CAN'T SELL CARS! Lots Are PILING UP!
Переглядів 196 тис.21 день тому
Ford, GM, Stellantis CAN'T SELL CARS! Lots Are PILING UP!
SENIOR CITIZENS BEING FORCED OUT OF RETIREMENT!
Переглядів 163 тис.21 день тому
SENIOR CITIZENS BEING FORCED OUT OF RETIREMENT!
PROOF! The FED is LYING TO US ALL!
Переглядів 150 тис.28 днів тому
PROOF! The FED is LYING TO US ALL!
Retailers CAN'T SELL MERCHANDISE! MASSIVE PRICE REDUCTIONS
Переглядів 170 тис.28 днів тому
Retailers CAN'T SELL MERCHANDISE! MASSIVE PRICE REDUCTIONS
Rent Rising FASTER THAN PAYCHECKS! People Are FALLING BEHIND
Переглядів 110 тис.28 днів тому
Rent Rising FASTER THAN PAYCHECKS! People Are FALLING BEHIND
The Florida CONDO FIRE-SALE IS HERE! INVENTORY EXPLODES!
Переглядів 244 тис.Місяць тому
The Florida CONDO FIRE-SALE IS HERE! INVENTORY EXPLODES!
McDonalds is DESPERATE To GET PEOPLE BACK
Переглядів 229 тис.Місяць тому
McDonalds is DESPERATE To GET PEOPLE BACK
Credit Card and Auto Loan DELINQUENCIES SURGING!
Переглядів 147 тис.Місяць тому
Credit Card and Auto Loan DELINQUENCIES SURGING!

КОМЕНТАРІ

  • @eugenekulas5431
    @eugenekulas5431 22 години тому

    Your dad as a mailman is also part of the generous retirement system. Most people don’t use first class mail which pays the bills.

  • @JRH6025
    @JRH6025 22 години тому

    MORE APPS YOU DOWNLOAD IS BLOATWARE.

  • @user-df2mn5bx2q
    @user-df2mn5bx2q 22 години тому

    Florida costs are way up too. Fees here, fee there....Destin harborwalk tacks on a fee to all sales. Yet Michael lives in florida but doesnt include this in his video

  • @christopherc4814
    @christopherc4814 22 години тому

    Im listing my home in AZ, they have new laws here as well about realtor commissions. I believe I have to pay my realtor 2.5% and I don’t have to offer the buyers realtor any commission. Most still offer the buyers agent 2.5% as well I. I don’t know if it should be mandatory or not but it’s just bad business not to I think.

  • @TheOriginalHuckleberry
    @TheOriginalHuckleberry 23 години тому

    Buy is rent. Rent is done. People are discovering the scam.

  • @Mr_Clean
    @Mr_Clean 23 години тому

    Between this new budget, and PICA I've gotta get the hell outta here.

  • @grgoldman7303
    @grgoldman7303 23 години тому

    Down to earth discussion from the heart you don’t see this anymore. My father was a letter carrier 37 years times have changed.

  • @christineallen450
    @christineallen450 23 години тому

    I saw 2 Burger 🍔 Kings Closed & Many Wendy’s

  • @robertbell525
    @robertbell525 23 години тому

    When my parents divorced in 1978 my mom moved us back to IL from VA. I was a third grader and cried as we left, even then i didnt want to go back. All of our family was there. Over the decades they all left. Same with my wife's family until only my mom, her sisters family and her fad and wife. We finally left and mived south for a job transfer. I had wanted to leave for decades. Anyone staying there, i have zero pity for. You've been warned for many many years. Better weather here and cut our property taxes by 75% then. Wven more niw since taxes where we used to live increased hundred$ each year. Here, they dont. IL is a good place to work but when you retire or get an opportunity, get out ASAP.

  • @rannxerox3970
    @rannxerox3970 23 години тому

    Even if you were to loose a bit in selling a house, and paying property taxes, you are STILL better with home ownership overall because you have equity. In renting a home or apartment with that square footage, parking spot (garage), paying for storage space, etc, all that money is just gone. Of course NEVER buy during a bubble and many areas are in a bubble. I live in West Michigan and for the most part our homes are not in a bubble. No dramatic increases but won't crash when the bubble bursts.

  • @justinphillips1761
    @justinphillips1761 23 години тому

    AI automation, with AI agents, humans are not needed at places like amazon

  • @luizcarlosaquino9836
    @luizcarlosaquino9836 23 години тому

    Michael, thanks a lot for your work ! All best regards from Brazil ! God bless you ! Keep going !!!!

  • @toadlika
    @toadlika 23 години тому

    Pritzker thinks he can treat your bank account just like mommy's purse.

  • @kellyyoung1811
    @kellyyoung1811 23 години тому

    I guess I'll be moving there then.

  • @youtubeone2231
    @youtubeone2231 23 години тому

    The government has played a major role at convincing everyone that they must have a house to be accepted by society. And after the people buy a house, the government concocts a scheme to repossess the house and all the money they put in the house. Drop the pride guys - you do not need a house.

  • @NPB0067
    @NPB0067 23 години тому

    Civil servants and other government employees make more than privately employed but everyone has to fund these lucrative jobs. And …. these jobs are controlled by government affirmative action and DEI hiring restrictions. So …Democrats have achieved the first step of Socialism.

  • @MaxxZinn-nt6ie
    @MaxxZinn-nt6ie 23 години тому

    ReallyGreatVideo! Thanks. In the Lasalle/Peru area of Illinois. Drove a Semi w/ a hopper trailer for a bit. Went to Iowa, Wisconsin, Indiana and occasionally Michigan. The contrast between the store fronts in the small towns in the red and blue states is dramatic. The red is thriving, and industry is occurring everywhere you look, while in the blue states, the decaying and desolation is obvious.

  • @andrewteague7921
    @andrewteague7921 23 години тому

    arent they even too broke to pay if you won a big powerball jackpot in ill?

  • @sylvesterroosevelt9310
    @sylvesterroosevelt9310 23 години тому

    Illinois has High Real Estate Taxes. No Property Taxes on Cars but they make up for it

  • @modfus
    @modfus 23 години тому

    OMG! ......are you wanting to deny "Dreamers" the free money they deserve?!!!

  • @ericbailey9549
    @ericbailey9549 23 години тому

    The reason why people without kids should pay for schools is the improvement of society. It's like me saying I never use that road, why should I pay for it.

  • @jeffthemechanic
    @jeffthemechanic 23 години тому

    That's cool 😎 you and your dad

  • @user-vy1pt3fj1g
    @user-vy1pt3fj1g 23 години тому

    Hope your dad comes to FL when he retires. We have a more common sense governor.

  • @cindycoe4402
    @cindycoe4402 23 години тому

    We aren't progressing we are regressing.

  • @user-vy1pt3fj1g
    @user-vy1pt3fj1g 23 години тому

    Love your dad. I lived in Wisconsin for 5 years. I always felt for the mail carriers during harsh cold weather days. They just kept going!

  • @alternativereefoutdoors6319
    @alternativereefoutdoors6319 23 години тому

    I live in Green Bay, the amount of new construction is amazing. All Commie condo's. Seriously, if you look at all the old black and white pictures of the old communist block countries and the big housing units the new housing looks just like it. People just don't see it. It all looks the same. Seriously just drive up and look around. You will own nothing and like it.

  • @JohnMiller-jl2pr
    @JohnMiller-jl2pr 23 години тому

    MD, NJ, CA,NY,IL are done...what do they all have in common???

  • @michaeldeiters2723
    @michaeldeiters2723 23 години тому

    hard to believe people still get a pension,

  • @growbiz
    @growbiz 23 години тому

    whats the cleaning fee?

  • @growbiz
    @growbiz 23 години тому

    i clean these for a living in door county wi you got a deal. and I clean them you have to add the laundry

  • @mikemiller209
    @mikemiller209 23 години тому

    Times do change and we're supposed to progress with the change but humanity is in a regressive state at the moment ..

  • @gregbruns9868
    @gregbruns9868 23 години тому

    I was born and raised in Belleville, Illinois and I left for Florida in 2011 and havnt looked back!

  • @gwoodlogger4068
    @gwoodlogger4068 23 години тому

    Universal mangement: Make them poor again 😑

  • @richc2109
    @richc2109 23 години тому

    I grew up in Illinois and still have family there. I can't imagine ever moving back.

  • @GigiEmbrechts
    @GigiEmbrechts 23 години тому

    One things that is nice about this Illinois problem, your park is empty so you can enjoy nature without people everywhere, to me worth the tax money you pay. But I am a rural girl that runs from people.

  • @violettahancock7001
    @violettahancock7001 23 години тому

    Cute

  • @Susie-QSlotsVegasStyle-th4wc
    @Susie-QSlotsVegasStyle-th4wc 23 години тому

    Jelly belly has destroyed this state along with let’s go Brandon Johnson. We get another 2cents added to gas tax come July 1st

  • @GeorgeHarris-oc2bq
    @GeorgeHarris-oc2bq 23 години тому

    I have a nickname for Michael: Chicken Little (his sky is falling all the way to the bank. Cha-ching 💰🤑💰)

  • @markdittbenner9949
    @markdittbenner9949 23 години тому

    You have my condolences Michael from coming from a such a scummy state...😂

  • @user-cz5jf4ud5m
    @user-cz5jf4ud5m 23 години тому

    When you sign up in pa they are taking a percentage of your check to put back in the pot because of a shortage. They are taking $9.00 out of mine.

  • @refax808
    @refax808 23 години тому

    Bitching about the government while walking through a beautiful state park 🙂

  • @rannxerox3970
    @rannxerox3970 23 години тому

    Another thing about job postings, esp. at big companies, is that it typically takes a long time to get a new position created through the HR process and even though the company will send out internal notices to freeze job hiring, these departments will keep the job positions open because if they close them, they loose that potential job in their department. I saw this during covid, lost my job and I was applying and not getting any response. Not till the January when covid when the lockdowns were stopped did I get a flood or responses to jobs I had applied for.

  • @chady72spaz
    @chady72spaz День тому

    that is not his father 😭😭😭😭

  • @mpeppermint23
    @mpeppermint23 День тому

    Fake job listings should be banned and made illegal by the government. However, our government does not care about us average citizens and as an investor, fake job listings are basically defrauding investors by inflating the actual worth of the company.

  • @jimb3093
    @jimb3093 День тому

    Sad situation we are in. And will it get better? I’m considering expat living. Ellis Island in reverse. Get on the boat in search for a better, cheaper life. Many folks are doing that and enjoying life.

  • @growbiz
    @growbiz День тому

    YES PLEASE GO TP THAT MALL I USED TO GO THEIR ALL THE TIME

  • @lucahartbrich3112
    @lucahartbrich3112 День тому

    I like to think that even Europe is more capitalist and less communist than the US right now…

  • @chrisniner8772
    @chrisniner8772 День тому

    Im barely living 6 pack to 6 pack.

  • @kevt9189
    @kevt9189 День тому

    I’m from Australia our prices are still crazy high lack of supply with high immigration making it very difficult if you are on an average income

  • @jacobsmith4284
    @jacobsmith4284 День тому

    Five dollar foot long. Anyone?