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NetWorth
Michael Bordenaro
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Comments by "NetWorth" (@networth00) on "Housing Market CRASH! DELINQUENT HOMEOWNERS FORCED TO SELL" video.
I've done that since I was 14yo. I know exactly ZERO other people who live below their means.
8
We were supposed to crash in 2020, it won't be much longer. The gov stepped in and said nobody has to pay their rent.
7
Those people offer you about half of what you could sell it for.
4
@hvaball150 If you live in a $50k home in Florida your taxes would be $2000/year. You live in a trailer or you don't live in FL.
3
The airbnbs are not doing well. They'll be cutting those prices soon.
2
You're not living large, only cheap. Your dating life will be zero with that setup.
2
It's all about the land and location location location. The house could be torn down and still be worth that much.
2
Turn off HDTV. You don't NEED an updated home, you just want one.
2
@MattSchuster2565 You're part of the problem with home costs. Thinking you NEED new kitchen and bathrooms every 5 years to look cool. Go away.
2
What's your new interest rate? It's not good to take cash out of your home in a refi.
2
@bobbybarron3132 You might be right. But, who do you think owned all those stocks when the market went bust in 2008 or 2022?
1
@sarahann530 He didn't lose anything because he didn't sell any stocks. He waited until it all went back up.
1
@FLAC2023 Then what happened in 2022? The stock market got cut in half.
1
@sarahann530 He waited 6 years then they all doubled and tripled.
1
@sarahann530 Stocks from that time period.
1
@sarahann530 He couldn't predict the future at that time. It easy for you to say that now. Where do you think stocks are headed after today, up or down? Would you pay your house off right now if you could or take a chance on the stock market going back down right now?
1
It would have happened in 2020 but the government handed out money like there's no tomorrow. Remember all the forbearance and people not having to pay rent?
1
How will you pay for gas and food?
1
@joefunk76 Who lied to you about 18 years? Even if that was true 2024 is the peak.
1
No, but you don't pay taxes on the sell of a primary house unless it's very expensive.
1
@MichaelBordenaro I flew a drone all weekend with no license (I'm in Fort Lauderdale). There's a very nice drone for $300 these days, and it films in 4k.
1
You just hand the keys to the bank and walk away.
1
That had to be a disabled person or something. That house was 1 in a million in FL.
1