Michael Bordenaro
Michael Bordenaro
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Deflation is ALREADY HAPPENING in THIS SECTOR OF THE ECONOMY
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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 one.
Need a Realtor? homeandmoney.com/michael/
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Articles Mentioned in the Video
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#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 CZcams 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, CZcams, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.
zhlédnutí: 80 032

Video

THIS Recession Indicator IS FLASHING RED!
zhlédnutí 146KPřed 9 hodinami
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!
zhlédnutí 147KPřed 12 hodinami
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!
zhlédnutí 103KPřed 14 hodinami
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!
zhlédnutí 161KPřed 16 hodinami
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!
zhlédnutí 116KPřed 19 hodinami
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!
zhlédnutí 162KPřed 21 hodinou
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)
zhlédnutí 136KPřed dnem
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!
zhlédnutí 165KPřed dnem
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!
zhlédnutí 162KPřed dnem
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
zhlédnutí 123KPřed dnem
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
zhlédnutí 177KPřed dnem
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!
zhlédnutí 163KPřed 14 dny
The condo sales in Florida have now dropped almost to the levels that we saw right after the 2008 housing market crash while simultaneously. The inventory has also reached pre-pandemic levels. This is most likely a recipe for a housing crash in the condo market. Need a Realtor? homeandmoney.com/michael/ My Filming and Editing Equipment michaelbordenaro.com/my-youtube-gear/ I offer 1 on 1 calls,...
Fast Food BANKRUPTCY! BurgerFi GOING DOWN FOR THE COUNT..
zhlédnutí 133KPřed 14 dny
2024 so far has been the year of bankruptcies, layoffs, and businesses closing down forever. The latest going down is the fast food chain, BurgerFi. They have two months until they have to potentially file for bankruptcy, because business is not good. Even though this economy is supposedly great. Need a Realtor? homeandmoney.com/michael/ My Filming and Editing Equipment michaelbordenaro.com/my-...
0% Mortgages Next NAIL IN THE COFFIN For Housing Market
zhlédnutí 277KPřed 14 dny
0% down mortgages along with ninja loans and adjustable rate mortgages is what got us into the subprime mortgage crisis and ultimately led to the housing crash back in 2008. Apparently everybody has short term memory on that since lenders are now starting to offer the 0% down mortgage once again. Looks like history will be repeating itself. Need a Realtor? homeandmoney.com/michael/ My Filming a...
IT'S FINALLY HAPPENING! Corporations Are TAKING LOSSES!
zhlédnutí 149KPřed 14 dny
IT'S FINALLY HAPPENING! Corporations Are TAKING LOSSES!
Real Estate Agents Are RUNNING OUT OF MONEY!
zhlédnutí 259KPřed 14 dny
Real Estate Agents Are RUNNING OUT OF MONEY!
NEW ECONOMIC WARNING From EX Home Depot CEO
zhlédnutí 131KPřed 14 dny
NEW ECONOMIC WARNING From EX Home Depot CEO
PROOF! The Housing Market HAS ALREADY CRASHED...
zhlédnutí 157KPřed 21 dnem
PROOF! The Housing Market HAS ALREADY CRASHED...
Ford, GM, Stellantis CAN'T SELL CARS! Lots Are PILING UP!
zhlédnutí 195KPřed 21 dnem
Ford, GM, Stellantis CAN'T SELL CARS! Lots Are PILING UP!
SENIOR CITIZENS BEING FORCED OUT OF RETIREMENT!
zhlédnutí 163KPřed 21 dnem
SENIOR CITIZENS BEING FORCED OUT OF RETIREMENT!
PROOF! The FED is LYING TO US ALL!
zhlédnutí 150KPřed 21 dnem
PROOF! The FED is LYING TO US ALL!
Retailers CAN'T SELL MERCHANDISE! MASSIVE PRICE REDUCTIONS
zhlédnutí 169KPřed 21 dnem
Retailers CAN'T SELL MERCHANDISE! MASSIVE PRICE REDUCTIONS
Rent Rising FASTER THAN PAYCHECKS! People Are FALLING BEHIND
zhlédnutí 109KPřed 21 dnem
Rent Rising FASTER THAN PAYCHECKS! People Are FALLING BEHIND
The Florida CONDO FIRE-SALE IS HERE! INVENTORY EXPLODES!
zhlédnutí 240KPřed 28 dny
The Florida CONDO FIRE-SALE IS HERE! INVENTORY EXPLODES!
McDonalds is DESPERATE To GET PEOPLE BACK
zhlédnutí 228KPřed 28 dny
McDonalds is DESPERATE To GET PEOPLE BACK
Credit Card and Auto Loan DELINQUENCIES SURGING!
zhlédnutí 146KPřed měsícem
Credit Card and Auto Loan DELINQUENCIES SURGING!
This Economy is MAKING PEOPLE SICK! (LITERALLY)
zhlédnutí 179KPřed měsícem
This Economy is MAKING PEOPLE SICK! (LITERALLY)
Home Depot ISSUES STARK WARNING TO U.S. ECONOMY
zhlédnutí 729KPřed měsícem
Home Depot ISSUES STARK WARNING TO U.S. ECONOMY
People Can NO LONGER AFFORD THEIR PETS!
zhlédnutí 109KPřed měsícem
People Can NO LONGER AFFORD THEIR PETS!

Komentáře

  • @markelliston5458
    @markelliston5458 Před 5 hodinami

    Sounds like it’s time to officially become…squatters! then you can be protected by the Law 🤪😁

  • @kretz206
    @kretz206 Před 5 hodinami

    People have not more money but price go up. And to stop that they put high interest on loans?😂😂 What a strange tool..😂 Many cars on market=lower prices(normaly)

  • @johnjacobs4625
    @johnjacobs4625 Před 5 hodinami

    40% increase in price,is Not 40% increase in value

  • @TravisPluss
    @TravisPluss Před 5 hodinami

    I hope they discover the holy grail of battery technology to fix this mess. That being said, you know what a self-driving car is called? A d@mn bus! That or commuter trains. We need better public transportation. The physics to economics ratio will astound you. A) thousands of dollars per car per person or B) higher taxes at a lower rate because of shared purchasing power.

  • @beekind6267
    @beekind6267 Před 5 hodinami

    Hey Dad! 👋🏽 How ya doing???

  • @800_k_7
    @800_k_7 Před 5 hodinami

    Hi Michael Bordenaro, thank you for your walking video with your father. Your concern about the economic and the rising cost of living is something not to many economic talk about, so therefore continue sharing your valuable opinion. God bless you sir. God have mercy 🙏🏻

  • @zipadedoda
    @zipadedoda Před 5 hodinami

    cicrcling the drain, economy in tatters, dows flush down toilet, azz in sling, nothing left to hock, butt hurt alot,

  • @carevic3234
    @carevic3234 Před 5 hodinami

    "Reduce the desires, you will reduce the pain" Buddha

  • @Vinny8El611
    @Vinny8El611 Před 5 hodinami

    I took advantage in 2021 and got a 1.9% new car loan and have paid off all negative equity from prior loan. Now my current car is positive equity and will keep it until paid off. No more getting screwed by car loans. 💯

  • @FraaaaaankRizzo
    @FraaaaaankRizzo Před 5 hodinami

    I could not use an EV the same as I use my gas powered car.. I would not be able to use a brand new Tesla if it was given to me for free.

  • @wendylong5467
    @wendylong5467 Před 5 hodinami

    When the Feds cut rates, it will be alot more than they say they will be. The Fed always messes this up. They use data that is a lagging indicator. So yah, sit back and wait for those cuts cause they're coming

  • @known_unknown284
    @known_unknown284 Před 5 hodinami

    DEFLATION! This is the way, the only way. Escape the debt based economy (pay a lot a little bit at a time, with interest of course) for things that fundamentally are not worth the overly inflated price.

  • @BlackRifleRack
    @BlackRifleRack Před 5 hodinami

    Making my own furniture as we speak as I can not afford buying , at least it will be custom but will look like it too. Oh well.

  • @pradeepmagan6951
    @pradeepmagan6951 Před 5 hodinami

    Why are you not wearing a hat

  • @stephenrobertson21
    @stephenrobertson21 Před 5 hodinami

    Scotty! I’ve been watching him for over a decade. Most of what I learned about cars was from him 👌🏽

  • @chady72spaz
    @chady72spaz Před 5 hodinami

    Why are you and your "father" only a few years apart?

  • @lillymaypatterson6375
    @lillymaypatterson6375 Před 5 hodinami

    Your dad is a doll. I'm going to continue to watch, just to watch him. NEOHIO with goats.

  • @mikefucito6030
    @mikefucito6030 Před 5 hodinami

    You are completely uninformed about EV’s and I do not understand why you don’t do a little more research on them. You obviously have never owned one and I wonder if you have ever even actually driven one. The fact the prices have come down for various reasons is good because it means more people can afford them. You are wrong about EVs not selling. All auto sales are down right now. I love my Tesla and I have no problems charging it on long trips. The battery is designed to last 10 years and it has an eight year warranty on it. It is an amazing vehicle and I would never go back to a gas powered vehicle. There’s no doubt that the future is electric.

    • @DUDEBroHey
      @DUDEBroHey Před 5 hodinami

      I see you're quite passionate about this

  • @scottmagri6306
    @scottmagri6306 Před 6 hodinami

    Florida is a wasteland

  • @piespeafield
    @piespeafield Před 6 hodinami

    If everyone does this we get our power back

  • @turbotheamericanstaffy
    @turbotheamericanstaffy Před 6 hodinami

    How many singlets did you pack for this trip?😂

  • @williammiller745
    @williammiller745 Před 6 hodinami

    @MichaelBardenaro I work at Home Depot in Coeur D Alene Idaho. I have been working there for one year as an order fulfillment associate. They are 49th busiest store out 2300 stores. It is mostly due to the influx of Californians moving here with much more money than we locals. You would probably say I have a direct pulse on the market with my every day interaction with the ebbs and flows of consumers at this store. I am thinking it has not fully ended where they are tapped out of spending for their essential living standards. Due to this it is making things very expensive. I can’t keep up with the expenses any more. I want to move to possibly to a cheaper country if that is sustainable. Every country is in this predicament of inflation now so that am just left with holding my breath.

    • @ARCR80
      @ARCR80 Před 6 hodinami

      Same here in Denver. The influx of people from the West Coast has driven the price of Housing sky high. The chance of me buying a house here is zero.

  • @LarryWebb-gv8dz
    @LarryWebb-gv8dz Před 6 hodinami

    What would happen to gasoline prices if 90% of people Switched to driving a electric car? Wouldn't the price of gasoline get cheaper since a less of a demand for gasoline ????

  • @Wavykai
    @Wavykai Před 6 hodinami

    Prices aren’t going down people are buying cheaper cars lol

  • @Crimepaysaskapolitician
    @Crimepaysaskapolitician Před 6 hodinami

    Anyone with a lick of sense knows EV'S are worthless. Worthless as eating bean Sprouts and salads.

  • @ladycactus110
    @ladycactus110 Před 6 hodinami

    An EV my friend rented by mistake took 6 hours to charge to 60%. It didn’t take credit cards. You had to have an account on your phone. The charger showed à non working website to get an account. A stranger had to help her out. It was infuriating. EV stands for EVIL. 👿

  • @BobJoy_my_collection_of_stuff

    going to a wedding with a wife beater t-shirt. with socal palm tree imprinted in Illinois. 🙃

  • @benjaminshuteii9773
    @benjaminshuteii9773 Před 6 hodinami

    Do be hating and banging on RVs there Mr. CZcams..... The RV sector is pretty hot right now. People can't afford big house payments and crazy rental prices. Instead people are finding alternative housing buying a good used RV and living in them full-time. Please don't look foolish making comments you know nothing about, by the looks of it Mr. CZcams you're pretty well off and wouldn't know anything about having to make do in a 15k used RV to live in with all this high inflation @michaelbordenaro

  • @dwightstone6569
    @dwightstone6569 Před 6 hodinami

    😂😂😂😂😂😂😂😂😂😂😂 the crash in the car market is going to be Epic! No one will be buying a vehicle unless they really need to.

  • @anthonypetrozzelli5429
    @anthonypetrozzelli5429 Před 6 hodinami

    As a procurement supply chain professional with years of experience, I have been out of work since last December. I have applied to over 400 poistions with only 1 virtual interview and no offers. The jobs are posted, but I get a response that the positions are closed. Most of the jobs are ghost jobs. In all my career, I have never seen the job market in supply chain this bad. I always found work immediately. Also, the salary offered is considerably less than ever before. Corporate greed on steroids!

  • @thedude7319
    @thedude7319 Před 7 hodinami

    The infrastructure for gas is easier and more standalone

  • @thedude7319
    @thedude7319 Před 7 hodinami

    11:40 I disagree, EV market is lovely. The consumer feels and looks good, the stick issue is that the repairs are insane. That is why you have a couple of companies to tackle this, think swappable battery stations to reduce the cost. So a lot of room of improvememt, like hair transplations. The first generations are useless, the latest in for example turkey they look amazing

  • @toddd7444
    @toddd7444 Před 7 hodinami

    who can pay for the gas to put in your car these days

  • @toddd7444
    @toddd7444 Před 7 hodinami

    everything is over inflated

  • @brewcrew5854
    @brewcrew5854 Před 7 hodinami

    How mach are those homes averaging ? Half a mill ? What a neighborhood !

  • @TasmanianDevil22
    @TasmanianDevil22 Před 7 hodinami

    Campervans in the UK are silly money, maybe I'll export one from US to UK. I'll probrably get stung with import duty though 😢

  • @contagionhoaxdotcom
    @contagionhoaxdotcom Před 7 hodinami

    Correction: During the pl@ndem1c.😇

  • @kevinrivera2084
    @kevinrivera2084 Před 7 hodinami

    good health and long live to your father Michael God bless him!!

  • @brewcrew5854
    @brewcrew5854 Před 7 hodinami

    Your dad should have wore sleeveless shirt ! Good color match !

  • @lordinquis8r679
    @lordinquis8r679 Před 7 hodinami

    Thanks, Michael! Looking forward to your Dad’s insight.

  • @jamesbyrne9312
    @jamesbyrne9312 Před 7 hodinami

    Poor dad. At least chat with him

  • @YamiSama77
    @YamiSama77 Před 7 hodinami

    No point in even trying since all branches of our government are corrupt

  • @BEACHDUDE71
    @BEACHDUDE71 Před 7 hodinami

    Spend your money and have fun, there's no future

  • @bigmanting1874
    @bigmanting1874 Před 7 hodinami

    Starting MSRP for a small pick up is still $30,000

  • @akyak333
    @akyak333 Před 7 hodinami

    hi dad - you did a good job

  • @Tre38843
    @Tre38843 Před 7 hodinami

    @17:28 - DOPE BOYS

  • @axelfoleyt
    @axelfoleyt Před 7 hodinami

    Awesome seeing Dad!

  • @vinniethefinger7781
    @vinniethefinger7781 Před 7 hodinami

    You can pull my internal combustion engine from my cold, dead hands.

  • @alvertosb.p.9424
    @alvertosb.p.9424 Před 8 hodinami

    The cost of living tripled over night in Southern California.The State enforces extra taxes on retail consumer goods, gasoline, selling personal items on eBay, food, at the same time the energy (electricity) and water and home taxes and insurance increased as well. Significant Increases in violent and property crime is out of control with weak laws and enforcement to stop it. The State is always pushing new bills to take away or limit ownership of guns and ammunition (via King taxation). This way law abiding citizens cannot protect themselves from home invasions and robbery or rape. This must be the Newsome New Deal to aid the crime wave.

  • @capmarketer5038
    @capmarketer5038 Před 8 hodinami

    I love your walk and talks. I worked in corporates for 25 years and my best meetings were the same