Comments by "Henry TheGreatAmerican" (@henrythegreatamerican8136) on "You NEED THIS TO BUY A HOUSE!" video.

PCE report was around 2.2% today, and that is the measure of inflation the FED focuses on. So expect interest rate cuts. They will most likely only be 0.25, but they will definitely come. And personal spending by people is also up more than expected. So the economy is not crashing. It's stable and growing (not booming). As for HoA's.... I'd avoid any housing development that has one unless it is a condo. Then you really have no choice.
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Property taxes and insurance on our home in Florida were one of the reasons we left. And we were living in an area that had tons of traffic all hours of the day. So people who think Florida is cheaper to live because it doesn't have a statewide income tax are in for a rude awakening. The state will get its money from you one way or the other. There are all sorts of fees that add up. Having said that, I do not think there should be any taxes on someone's primary home residence they are living in. And the vice president does not want to tax unrealized gains on average working people. It's only on people worth millions of dollars. And most of these people own tons of assets which are part of the reason for inflation, but I'm not going into that discussion again. So please don't misinform people about the unrealized gain tax.
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If the price goes down you can write it off as a loss and pay less taxes? Anyway, for 95% or more of the country it won't matter because we don't own over 100 million in assets.
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