Comments by "Andy Hughes" (@andyhughes1776) on "Michael Bordenaro" channel.

  1.  @OpenSourceFan  Look who's crying about government workers getting pensions and form unions? Who's the baby again? 😁😄😃😀
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  2.  @Yodasstuff  Then go get a government job that pays you $40,000 starting instead of $80,000 in the corporate world!
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  3. I bought my Tesla because of the out-of-this-world acceleration and performance. I don't give a hoot about the environment! If a gas car can rip my head off everytime I accelerate, I'll switch back to gas cars. Even a $4 million Bugatti Shiron with over 1,000 horsepower cannot accelerate as fast as a Tesla. Now, the new Lucid Sapphire can out-accelerate a Tesla so I am saving to buy it.
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  4. If the government managed the economy correctly, there would not be a need for government housing in the first place!
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  5. Not true that EV's are expensive to fix therefore insure. I own a Tesla Model X since 2016, a 7 seater much bigger and heavier than the Model 3 that the owner said he pays $230 per month for insurance. I pay $77 per month. I live about 40 miles south of Los Angeles and I drive about 16,500 miles a year.
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  6. @@njerseydavid  Somewhat, yes, but remote work is waning as many tech companies demand that their workers return to the office at least a day or two out of a work week. So, if say a worker has a house in Nashville but his company is in California, he STILL must fly to California to show up for just one day then go back. How long do you think he can do that before giving up? Again, unless there is another force at play, eventually, home prices MUST fall back to its local market level. In the last 10 years, one force after another kept it inflated for so long. But I can't think of another one that would continue the high prices this time. Can you? No more rabbits to pull out of a hat!
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  7. @HVABALL  So what you are saying is this: Let's say median house price in your area WAS $350k. That means your mortgage is around $2,200 per month. So your monthly salary is $6,600. But because the median price of a house there is now $900k, your employer must raise your salary so you can afford that $900k house? That would be $12,000 per month! Your employer must give you a raise to TWICE your previous salary to match your house price? You make NO SENSE!
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  8. Then we wonder why they shoot up their school.
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  9. Their days are numbered. Since the Pandemic when no one could travel, international tourist destinations such as Dubai are collapsing. I bet you are not seeing many of those guys doing that in Beverly Hills anymore, do you? A similar thing happened here in Irvine, CA every year but not this year.
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  10. But not if they abandon people (homeless). 😁😁
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  11. If you are of retirement age and choose to work, most likely it's due to not having enough money. If you are in this situation, move to another country where the cost of living is much less, yet you live even better than many rich people in America today. Look into living in Vietnam. You can live in high comfort for about $1,000 - $1,500 per month in Beach Towns like Danang. There are blocks dedicated to English- speaking expats such that you don't need to learn a new language. When my kids are grown, that is exactly what I will do.
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  12. Helping firefighters, cops, and military personnel buy a home is not only a moral thing to do but it is actually financially less risky than doing the same for just anybody in need. Here is why: These responders HAVE STEADY INCOME, which means they CAN consistently pay their mortgage. We want to help but not put our economy at risk of collapse due to too many defaults. People with steady income are more reliable in their payments.
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  13. @keyisersoze Bretton Woods catapulted the U S. to a dominant global empire that is only now being seriously threatened. So no, the U.S. economy did NOT start to go down 162 years ago.
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  14. Tax revenue must come from somewhere. I'd rather have a choice as to whether I buy a foreign made product than to have my paycheck cut automatically!
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  15. "It's a club, and you ain't in it - you and I aren't in The Club!!" - George Carlin
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  16. This time it's not just the collapse of the housing market but the collapse of the U.S. Dollar, hence collapse of the U.S. Empire. This is no exaggeration - look it up.
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  17.  @mtmg3648  At first, yes. But once the collapse settles down, then the U.S. will become like Britain and other former empires - just another country.
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  18. @ThE4EvRPs3GaMeR  Local housing prices were ALWAYS in line with local salary throughout history. For example, a blue collar town with lower income will have affordable houses that those earners could afford. That means, monthly mortgage payment must not exceed 1/3 of the monthly income or the homeowner will likely default. The only time housing prices are beyond local salary is when investors FROM SOMEWHERE ELSE (that made their income in their richer area) come and buy. That jacks up prices beyond local salary - not fair! Here's a clear example for you to see: In the last 30 years, China's economy grew by leaps and bounds due to the U.S. moving our factories to China. They became rich from that and came here to buy homes in the U.S. Since their income came from now-rich China, they jacked up prices beyond affordability for now-poor local Americans. Is that fair? No country on earth let foreigners buy property without a foreign tax to offset the devastation on local citizens. Only the U.S. is that stupid. Hence, we now have tens of millions who are homeless and many cause trouble for everybody else INCLUDING those who got rich over the housing bubble. Everyone loses!
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  19.  @ThE4EvRPs3GaMeR  Yep.
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  20. Simple solution to the driverless taxi accident in San Fracisco: Driverless car company sends fire stations and police stations transponder to be placed in every one of their vehicles that will automatically turn on when siren is on. The transponder broadcasts emergency vehicle position, direction, speed to all driverless cars in the area. Driverless cars know to avoid emergency vehicle(s). Problem solved!
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  21. Not true. In 2023, EV sales exceed 1 million for the first time ever. And guess how many are Tesla's? Over 600,000. Tesla is the only EV maker that could sell and profit ($9,000 per car). Look it up!
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  22.  @MichaelBordenaro  But your thumbnail showed Tesla in the background.
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  23.  @OpenSourceFan  Not entirely true. If government workers are paid so well, how come so very few college grads accept a government job?
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  24.  @OpenSourceFan  I also gave you facts - government workers make A LOT LESS than corporate workers. Look it up Better yet, go work for the government then. Why are you crying about it like a baby? Then accuse me of being a " big baby"? Are you ok? 😀😃😄😁
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  25. It takes about 6 to 7 years after a crash for home prices to reach rock bottom. When the housing bubble burst in 2008, housing prices immediately dropped but didn't reach absolute rock bottom until about 2014 when.... Chinese foreign buyers began buying U.S. real estate, which jumpstarted the economy and brought housing prices up. Once the economy recovered, local Americans jumped in and the domino effect accelerated the prices. Then the Pandemic free money and low interest rates further inflated home prices. But now that interest rates went up (and keeps going up) COUPLED with China's economy faltering, nothing could support the high prices anymore - not local Americans, not Chinese foreign investors. That is why the housing market MUST finally collapse!
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  26.  @soil-play  In order to: 1) Get illegal votes 2) Cheap labor for corporate farms
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  27. Now that Trump is in office, they can publish the real economic numbers now! 😁😀
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  28. "You have no choice. You have owners. They own you. They own everything!" - George Carlin
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  29.  @ihave35cents95  He made money by making people laugh, NOT by owning anyone. Understand the difference?
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  30. The U.S. is now more Communist than Communist China. China doesn't even do that!!
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  31.  @mountainman6549  Yep, the fact that all other EV makers are struggling to make sales only means that Tesla will continue to dominate the EV market.
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  32. @jmb9701  Better than the government taking money out of your paycheck month in and month out whether you buy something or not!
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  33. The powers that be are too busy focusing on taking over the world via their proxy wars rather than take care of America. But Putin and Xi are kicking their buttocks from military to economic dominance. As the former advisor to the British Prime Minister recently said, "we (the West) are f * ucked!"
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  34.  @MichaelBordenaro  Perhaps you could use your influence along with others such as Dan of I Aleged to push for such tax laws in every municipality. We need a fair and just way to end housing unaffordability yet still preserve Free Market Capitalism.
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  35. But most people do not pay attention to the revision. They already accepted the initial report and that's all there is to it! This is how our government can lie without anyone noticing!
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  36. Not to worry - help is coming! As the war with China becomes more probable, Chinese investors are beginning to dump their properties onto the market. They are doing pocket listings first so few will see it. But as soon as missiles start flying over Taiwan, you will see a boatload of homes being offloaded by foreign Chinese owners. That is when you will see the Feds lowering interest rates to facilitate Americans snatching up these homes. By that time, those homes will cost 1/3 to half less or more! This is how our Federal government will fix our housing market. Time will tell if I am correct or not.
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  37. @DianaCarolinaGirl22  She certainly didn't hurt him - he became a millionaire ever since then! And she never made herself known to him, yet she did everybody else - she tried to push our brother-in-law off a ladder, remember? My brother never saw or felt her presence. He often played his piano alone at night after everyone had left. I guess she enjoyed listening to him play and didn't want to scare him. To this day, my brother doesn't believe that the house was haunted.
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  38. @@MichaelBordenaro  Like I said, "another force". You call it, "external factors" Same thing!
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  39. @HVABALL  ok, now, the real world: If your argument is true then NO ONE in California has been moving to a cheaper state to live...to the tune of 7.5 million since 2010 and 340,000 more than it gained in 2022. The Number One reason why Californians move out is housing cost. In other words, if their salary had increased to match housing prices like you said, they wouldn't have moved!
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  40. Raising minimum wage apease those workers to get votes. That is why they did it. They dont care if it results in economic suicide.
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  41.  @jonathantaylor6926  Only time will tell but history tends to repeat itself. So I don't think this time is any different, except it could be even worse!
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  42. So what part of Putin's description of the US, "A nation of lies" is not true? The US government even lies to their own people!
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  43. Good, let Karma impoverish them as they impoverished so many people by artificially inflating home prices beyond affordability for so many hard-working locals. Hey, it's just supply and demand free market Capitalism, they claimed, right? Not at the expense of others. Now they must pay. They devastate others, now they get devastated. Nature is very fair!
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  44.  @-OBELUS-  He is turning over in his grave!
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  45. GDP does NOT measure the wealth of the people - it measures the wealth of the top 10%.
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  46. @Joe Garcia  Again, our builders and Real Estate agents won't be able to make as much per house. My way is best because Builders/ Real Estate agents can make more, yet local buyers only pay what their salary can cover (the rest is taken from foreign buyer tax). Everybody's happy!
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  47. @10_Door_Tycoon  Exactly! There are 2 ways for our enemy to take our land: 1) By military invasion 2) By just buying off our land and putting our people in the streets That is why no country on earth allows that except the geniuses in charge of the U.S.
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  48.  @tlindsay1007  As much as it takes to help offset the price hike. The idea is to keep the price the same for local buyers as if there were no foreign buyers to jack up the price.
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  49. They'll just blame Trump when he takes office in January.
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  50. Bad plan because it will jack up home prices even higher as investors will buy up all the properties to flip or rent out. Result: you will get only renters for neighbors and they won't care to take care of the property they live in. Your home value will go down along with everybody in your high-renter community. Not only that, you will get bottom-income renters that double up, triple-up, and quadruple-up to rent the houses in your community. They may even turn it into a meth lab. This very thing happened in my community in Irvine California where an average price of a townhouse (not even a single family home!) is $1.7 million. About a year ago, cops raided a $3 million house in my community because it had turned into a meth lab. So, bad idea! Better idea: end property tax for OWNER OCCUPIED homes ONLY!
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