Comments by "Babu" (@Babu-kr3cr) on "Michael Bordenaro" channel.

  1. It is a shame when the seniors can't stay in their homes due to the cost of the expenses. It is also a shame when the children who inherit the homes can't stay in them for the same reason. Everyone is being pushed out of housing, owners and renters alike. Will they all be rounded up into FEMA camps eventually? There are acres of homeless people all over waiting to die off from exposure and violence and stress. This really is a national crisis. Instead of addressing it, the federal government is ushering foreigners and giving them money to establish themselves instead of Americans. This is a war against America and people don't see it because it is coming from within. I don't know if it is just imploding from the weight of its own evil, or if it is a planned take-over or both. Causing human displacement is an act of war.
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  2. There is a way to shop smart so you can eat well for less. You can buy a huge carton of store brand organic oats for like $5 and then get 30 servings from it. You can get a bag of frozen berries and throw that in also when you make it. You can get cheap food that tastes good without resorting to instant ramen. Instead of buying cheap bread, learn to make pancakes or biscuits. You can buy better flour like whole wheat and not eat junk food bread. Part of the problem is when people panic and feel like their life is now upside down and they have to change everything they do. Just scale down. I can understand not buying candy, not eating out very much, looking for sales and the cheaper foods to focus on. You don't have to get extreme and start eating things you don't like. One tip a lot of Americans could use is learn to eat less. You waste a lot of food and money by eating more than you have to. It takes your body a while to get used to, but in the end, you will be healthier and save money and have fewer cravings.
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  3. People can't afford rent and landlords are ending their leases for petty reasons if they can't jack up the rent. Then they can't find another place near or far. There are really no cheaper areas anywhere near some areas for 100 miles or more. It is terrifying. Who will be next, the actual homeowners who won't be able to afford taxes and utilities? I don't understand how the rents are going up so much. Taxes haven't gone up that much yet or utilities. It is these corporations that just don't care and greedy people who want every dime they can get from their investments. A lot of people are never going to own homes and rely on apartments. If once anyone could expect to own a home and then that ended, now it is like once anyone expected they could rent an apartment and now they really can't. What is the new normal, van life, sidewalk life, trying to find roommates? Dave Ramsey says prices on houses won't go down, they will just stop going up as fast. It is just interest rates are going up and making it more expensive than ever to buy.
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  4. Wyler's frozen Maine blueberries are good if you can find them.
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  5. In NJ I went to two different coffee shops/juice bars/cafes. The first one was $17 for a smoothie and a brownie. The second one was $12 for hummus toast with tapenade. So, it cost basically $30 for take-out. The second shop had four rooms that were all crammed full of people working on computers or socializing so that you could barely find a seat. The first one had one other person walk in when I was there. So, I don't know how much they are selling in both places, but these were the hottest, busiest of such shops in both towns. I just think the prices are outrageous. If it is something special that is carefully crafted with fine ingredients, then you might splurge once in a while for a special occasion. To go there regularly or often isn't possible unless you have money to spare. They might need to have some loss leaders on the menu to get some people in the door at an affordable price. The second shop had really comfortable furniture, cute decor, free Wi-Fi, and then free unlimited lemon water with glasses. The first shop had free Wi-Fi and then books and games and even a play area for children. They are trying hard to stay in business.
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  6. Having empathy is a choice. Some people choose not to.
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  7. If only 20% of homes are affordable to the middle class making $75-$100k, then what about lower middle class, working class and poor? They can just forget it? What percentage are available to them if they can even get a mortgage? It used to be most neighborhoods were working class or lower middle class to middle class. The really fancy homes were rare. Now most places are filled with huge fancy homes, luxury apartments, and then people homeless or in secret squalor at the hands of unscrupulous landlords. It is like musical chairs. If you managed to get an apartment or home that is decent, you have to stay there because next go round you might get nothing. I feel like the American population is being liquidated so that foreigners and the rich can take over everything. This nonsense about the foreign buyers won't stop much of foreign take overs. I feel like the lower classes who have homes are losing them to the higher insurance costs, rents, taxes, HOA fees and the like. Where are people actually winding up? The homeless American population keeps growing.
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  8. A lot of the new homeless have no idea how to survive on the streets either. They weren't street people to begin with. It is going to be very hard. Probably a lot of crime will result. There has to be some respect for people's homes whether they rent or not. There has to be rental increase caps of 5% or some other method to insure that everyone isn't run out into the streets. It seems that is the goal of the system now.
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  9. Just ask for basic liability minimums with no frills. It shouldn't be that much.
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  10. Weed whackers, leaf blowers, and electric hedge trimmers too.
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  11. They can apply for a tax freeze if they are a certain age or disabled.
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  12. I am not sure how anyone could afford that. That is pretty scary. You pretty much get forced off your land.
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  13. Sometimes it is better to lose it and start over than waste money on junk you can probably get again at yard sales and thrift stores. People cling to possessions like it is a part of their identity. Surviving has to come first.
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  14. If everyone runs, who is left to hold onto what is left? When you run to a third world country, you drive the prices up for them so then they have trouble paying for living expenses. I think that is pretty selfish. Mexicans are already being priced out of housing from Americans commuting to the USA. Then you are going to complain about social benefits for people who don't work (as far as you can see). A lot of people get assistance who do work, a lot of them have mental health issues like the homeless veterans that makes it hard for them to have jobs. How are you going to say you want to help the veterans and then complain about social service spending? I agree we shouldn't be spending anything on illegals, but there are a lot of Americans who need help. When you pay into the system, the help is there for you also if you seek it out. It isn't gaming the system; it is knowing the ropes. Also, people get SNAP loaded onto cards automatically and they get their social security direct deposited. How is he seeing who is getting a check? Welfare goes onto the EBT card also. Does he see the letters from Medicare? That is weird to think there is a little mailman going around judging you over what mail you get. Also, my mail is so late in December that I never even got one letter. No mailman is delivering at night around here. They get it to you when they get it, maybe a week late, and they don't sweat it, they get defensive if you ask about where it is. I see the mailman put the mail in the box and then take a daily break in the parking lot.
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  15. I like twilight walks. It wasn’t too dark. There are opportunities for the rich, but the poor do what they can. If all they have is credit, they will run that into the ground. Banks need to lower rates, or they will just lose the money from defaults.
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  16. Two can live cheaper than one. It is all about budgeting and sharing responsibilities. One guy working five jobs sounds like he was trying too hard. Maye the girlfriend was expecting too much from him and it was time to break up anyway. Home economics was a subject they used to teach in schools. It is about budgeting, saving money, and learning to do things yourself like cooking and sewing, housecleaning and laundry. If you have good money management, it is worth as much as an extra job. If you have the type of partner for instance who insists on going out for expensive coffee drinks every day as a priority, you are going to go broke. You have to be in agreement about money. If one likes to save and do things themselves, the other can't be sabotaging the whole process spending however they want.
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  17. Sometimes you need to borrow to leverage your credit towards your future. Yeah, it is hard to pay it all back, but sometimes you really need something like a car and wouldn't be able to get it otherwise. It helps you to take advantage of deals in the moment. When you get to the point where you can't pay it back, then you have to stop using it and do minimums until you are under control. If the interest rates keep rising, I don't know what will happen to people? Will they all go bankrupt, lose their good credit standing, or will the economy just crash and disappear? If the banks are out of business, would you still have to pay them back? The lending industry was invented for a reason. Sometimes people really need to borrow, and there is no one to just give them what they need, so they need to be ready to pay it back. It isn't all bad, it just isn't ideal. If you don't need to borrow, you probably shouldn't. You do feel good when you don't owe anyone anything.
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  18. One scary thing is banks that normally have good balance transfer offers like Bank of America or Discover aren't offering them now. If you have a lot of money at 0% for a promotional period, when that period runs out, you have few options where to put it. If you open a new 0% interest card, chances are the opening balance is going to be very low. If you get stuck at one of these high interest rates like 35% which is loan sharking, then you are going to be losing money hand over fist. It is like treading water in the middle of the sea. You have to be a penny saved is a penny earned type person and really pay attention to how you are spending. I think people still go out and spend when there is nothing to save for that they can ever afford, or they are retired and have money to burn. You can't really judge by other people because maybe they saved up all month for that special occasion to go out for an ice cream or a burger. There are ways to shop smart and still get a lot of the things you want.
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  19. The only people safe have senior tax freeze or rent control, and for how long? It is like everyone is being pushed out of their homes into the street little by little while so much real estate is empty and abandoned. I see this town in NJ, there are built up stores underneath filthy rundown tenements, and the stores must be paying a lot for rent and upgrades for their portion of the building. These filthy apartments are still going for $1,000 each. A sane person would rather stay on the street than pay that much for a space that could be condemned as unsanitary and unfit for habitation.
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  20. Just give some alms to the beggars. It is good karma.
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  21. Who cares what the house is worth if you aren't planning on selling it but living in it? Once it is paid off, whatever you get for it is profit. If you are paying the same in rent, you might as well buy.
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  22. All states need janitors. That is the problem. You can't have ghettos of rich and poor. Even PA has high home prices now even in Appalachia. I don't see anything under $100,000. A decent house is probably double that.
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  23. Your credit will be shot even if the nonpayment isn't on your report. They will still see your history and lack of a credit score. I know a lady who ran up credit cards and then just declared bankruptcy. It has been over seven years and she still can't put her name on a deed for a house. I don't think lenders are going to trust you with any more credit after that. You have to start with high interest store credit or secured debit cards or something. It will take years if at all to fix that. In the meantime, you won't be able to rent or buy property with a bad credit history. You could wind up homeless if you lose where you are staying.
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  24. What if you just don't take your pet to a vet? Is that animal abuse? I know of people who buy regular food for the pets and cook for them also. If you have a big dog, that is expensive. They buy them meat and vegetables. I think it is a status symbol the way people walk around with these dogs so proud. Then they get them fancy grooming also. One major problem with a pet is if you are evicted or have to move, it is hard to find a place that takes pets as a rental. Then they charge pet deposits and monthly pet rent if they will take them. It is a huge hassle having a pet really. The vets are trying to get rich off of other people's desperation like everyone else.
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  25. They are sneaking in social credit scores while lambasting China for doing it openly. They are also making it so that no one can afford housing. It isn't just the insurance companies but the banks who won't cooperate. Even if you win a lottery and get an CPG&H Affordable Home, a lot of them have HOA fees that rental assistance won't cover. So, these people who are homeless are still not able to afford the housing they are offered. More and more Americans are being moved to the streets. You will own nothing and be happy is their agenda, but only with good social credit besides.
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  26. Yeah have some self respect. I paid $19 with tax and 20% tip at an all you can eat Indian buffet for lunch. That was fast food, but with some class.
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  27. Senior housing was built to protect seniors and give them a place to live. People used to stay in their homes until they died, but then they were lured to these senior apartments. Now the senior apartments and even assisted living are being liquidated at will. They throw out the tenants as if they are no more than a mice infestation not caring if they die on the street with no more resources. That elderly woman paid like she was buying a house, so how are they going to just say she has no right to stay? They should give her the $250,000 back in that case, adjusted for inflation to $400,000, if they won't honor her tenancy.
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  28. Well rents and house payments are high, so maybe they are pretty wealthy but not so much that they could get a really nice place to live.
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  29. I think we live under the illusion of supply and demand, but in fact the markets are rigged in favor of the wealthy. It is only going to continue that trend more so than now. If the REETs are buying up all the low cost homes say in Atlanta, the only thing going to go up is the number of homeless that can't get into the market. The investors won't lower prices because they want all they can get out of the investment. It is called capitalism and it is predatory. There has to be some restraints on it but instead, they get backed up for being too big to fail like the banks. Huge corporations and banks get taxpayer money after actually robbing the taxpayers running their businesses into the ground. The whole situation is a wizard of oz delusion with the opportunities being really hard to find and the script being written by little men behind the scenes. Buyers go down the yellow brick road of dreams only to find the prices of affordable homes keep going up and out of reach. Sure, the prices of super expensive homes in some markets are coming down, but the whole market is leveling off at a higher level than before with less opportunity for the low-income investor looking for actual housing.
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  30. There is a depopulation agenda. A lot of people are just barely getting by. No one cares about their neighbors, only about making more and more for themselves. People can't live with their expenses going up so high. Some will last more than others, but where will most of them go People usually don't last that long on the streets either except for some really hardy ones. Elderly and disabled people on fixed incomes suddenly homeless, I think it would kill a lot of them. Will insurance companies bankrupt and destroy America? Why are they allowed to get so rich at the expense of people forced to buy their products? It makes no sense to force people to buy new roofs when they have good roofs already. You can patch roofs also. What happens if you lie and say the roof is newer, how would they know the difference? How do they know when the roof was fixed and who would keep receipts for that? I think a lot of the old people are especially in trouble. There is a debt ceiling crisis now and if they don't raise it by July, the checks will be cut off for federal funding for things like Medicare, Social Security, SNAP, etc. People will be instantly just kicked out into the streets.
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  31. Well housing is a human right, but people hoard it like an investment instrument.
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  32. I think online is at least some social interaction. Without that many people would have nothing. I don't think the mode of interaction is the problem. I think that people are just in their own worlds and not open to new ideas and new people, so they can't interact well in a public, mixed environment. They are too concerned with what other people are doing and thinking to just relax and enjoy meeting new people.
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  33. Everyone will get a very low basic income and some tiny house style shed or tent barracks and get to go to their slave labor job like in North Korea. Maybe this is a way to liquidate the country so China can claim all the defaulted mortgage properties owned by Fannie and Freddie. Our country is being cold out from under us, capitalized on until there is nothing left. NJ taxes are double what they should be for what you get, and then what you get is shady anyway. There are blighted salaries and benefits for government workers, overbuilding of municipal properties, and just general capital improvements waste for aesthetics. The lowest you would pay is around $4,000 a year and then it goes up and up, The average is about $10,000 a year.
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  34. Insurance is being allowed to bankrupt the country. It is mandatory for a lot of things, and it is going up. From car insurance, to the nationalized medical to homeowners, it is all getting or has gotten large hikes. Car insurance might go up 20% in NJ with Geico if their request gets approved. That ends up being a lot also for people barely able to afford their car as it is. You will own nothing and be happy? They aren't kidding. You might own nothing, but how happy will you be? What will make people happy, delusions and drugs, 5G hypnotic frequencies? Humanity is being enslaved. When people are forced out of their homes over ownership costs, that is a red flag that the country is falling apart. You will get your tiny residence with no car and have to walk to your errands while living in a 15-minute city is one plan.
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  35. Do the same with the welfare system. Take all you can, and look for every other opportunity.
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  36. It is all a test. They start small to see how you react. The more you comply and not resist, the more they see to add on until they have you in a stranglehold and can kill you. Any rights you have, you have to keep openly and defiantly asserting no matter what, or they will have the leisure to pile more abuse on you.
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  37. You aren't a loser. You have it made. You have a comfortable life you can deal with. A rent stabilized apartment and a friendly roommate are hard to find.
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  38. I think it is treason to take money from taxpayers to give to illegal squatters and invaders so they can buy the homes and Americans can't. These people are making it harder for Americans to survive causing homelessness as it is and keeping them out of certain industries. They make it very hard for Americans to get in a home even if there are some free money programs around, they are hard to find, and the lending rules are strict. How undocumented people can show up and get it all is bewildering.
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  39.  @rangerdoc1029  rental assistance does it already and the landlord submits a request for increase. They are still getting a lot of rent.
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  40. Appleway got their karma. They tried to run out all the paying low-income tenants and ended up with no tenants. If someone wants to buy a building like that on credit, they need a business plan that says they will not update and upscale the residents out of their homes, and maybe the bank will let them have the money. Even small landlords do this, buy a property, act like they are upscaling everything and then wanting more money and to say what class of people live there. These types of people wind up losing the properties and going bankrupt. Their business plan is only greed. The really hardcore ones might get away with it for now, but basically this type of attitude is pride that cometh before a fall.
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  41. Landlords nowadays have no honor. They would throw you out for no reason if your rent is capped lower than they are charging on other units. They will throw you out if you don't fit their upwardly mobile profile. They will throw you out if they have to renovate but don't want to do it on your low-cost unit capped with rental assistance. Any dirty trick they will do. If it is wrecking your credit, refusing to repair things, being rude, gossiping about you, getting tenants to harass you, filing false eviction charges against you for things you never did, they will do it. They want to scare you out. It isn't all about the landlords. The good ones are maybe leaving the business and the corporations see you as a commodity, not a person. Bad tenants usually fit right into the predatory landlord concept. It is the good tenants who wind up homeless and with a bad record from their landlord preventing them from being considered by another landlord. Renting is the most terrifying, unstable situation. You have neighbors with zero respect and a desire to harm you and managers who don't care and blame you for whatever the problem tenants do. In your own home, you call the shots. That is why it is better no matter what the cost.
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  42. What I would do is cancel the housing insurance, close off rooms you don't need to use, look for every tax break there is, do the repairs yourself or hire local people out of work like teens to cut the grass, turn down the water heater, get solar batteries, etc. I would keep the house if at all possible. You can maybe use credit cards or a home equity loan until things calm down. I think the housing prices will fall if no one can pay for them. Then the property values will fall, which should make the taxes come down. Any investment is going to have fluctuating value from stocks to real estate. If you can use the investment personally like a house, it is better to just hold onto it. The rental market is way too unpredictable. Rents can shoot up out of nowhere, and there can be a lot of problems with maintenance, noise and neighbors that you can't do much about.
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  43. Ask for the printout of your levels. They have to give it to you. If they refuse, then don't go to them anymore.
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  44. The lower classes are being wiped out through housing. The low income inventory is down as well as the speculation prices for medium income properties. Everything is geared towards wealthy investors taking all the gains.
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  45. Dominoe's is cheap. The problem is that people are trying to eat healthy and their ingredients are probably very GMO and artifiicail. A decent frozen pizza at the super market is $10 at Walmart and goes up to like $15 at the supermarket. Then the fresh pizzas go as high as $30. Two pizzas for $7, two mediums, that is a great price. Then including delivery, even though people also want a tip and there is tax, is still very low cost. If you watched dinner entrees go from five to ten, to fifteen, and now up into the twenties and thirties, you really feel discouraged. There is only so much you will put up with as far as continuing to pay high prices for a meal. Over $16 or so and it is just excluding a lot of people, but that is where a lot of prices are.
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  46. Citibank sends a lot of paper offers for balance transfers and card upgrades. I don't see why they are making an issue of just giving a paper statement. It isn't to save paper. I think they are cutting back on customer service in general. The lowest interest rate is now over 20%. even with very good credit. They won't lower it even if you call in and ask. I am scared to do business with them. They seem like they are getting ready to fold. Would they sell out to another bank? I think majority of shareholders are Saudis, and maybe they want to get away from the US banking system.
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  47. Yes, they can be evicted for that, and landlords are glad to do it because they can hike up the rent on non-HUD units.
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  48. Was this written intentionally to be incoherent?
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  49. The prepper channels keep saying to buy what you need now, stock up, it will all disappear soon. It puts you into such a panic that you want to buy all you can. They act like don't hold onto money, it will be worthless, buy things you will need years from now, buy things to barter with. I don't know if hoarding a bunch of stuff that you can't manage is going to help if you can't even figure out how to deal with what you have. The food prices are way up, and people are just used to the culinary luxury lifestyle. They aren't into eating meager humble meals. They want culinary adventures. A little bag of gourmet food is like $60 for six things. I paid $16 for a sandwich from a refrigerator case. It was good but worth $16??? A bottle of soda, $4. Etc. I guess with no real social cohesion or connection, buying things makes you feel a part of the community. People go out to shop, dine, spend. People who just want to hang out, they are looked at like they are bums. You want to see a show, the cheapest ticket is $39.
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  50. Miami is a beautiful city. It is much prettier than LA or cities in California. I like how this is a walking tour where you get a sense of the area plus you learn about real estate. I think if the market trend is toward only the wealthy acquiring property, that is how it will stay. I think Air B&B is making matters worse just like Uber and Lyft and then Door dash and Uber eats. They are taking away opportunities for low income people to rent rooms in private homes or cheap apartments in desirable areas or make money as cabbies or delivering food for restaurants. I wonder where the poor people indigenous to Miami are. There have to be a lot of them priced right out of their homes due to rising costs and rents. Where are they? Why don't you see them on the streets? It seems like the services for them are taken away now in Florida. Do they all go out west or just disappear?
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