I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes..
@@johnawara9719 The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
This is why I like AZ Family better. Tell me something useful. Meanwhile, ABC15 keeps posting totally conflicting clips every week about affordability. They said we were the 3rd most affordable state, yet we have a 270,000 housing shortage and the 8th highest homelessness rate in the country. I'm fortunate to have purchased a home in AZ prior to the pandemic when costs ballooned 40%. I also became disabled and learned disabled people do not qualify for home loans, even with liquid cash and a near perfect credit score.
Corporate owners moved in and started buying up and they are the ones driving up costs to rent and buy. They buy update a little bit and then they resell at a higher price.
They can also use NIMBY movements to fight back against large living complexes in the neighborhood. By limiting they keep the demand growing and can sell at a better price. The problem is suburbia works as long as population numbers stay low, but if you're place gets popular? The entire infrastructure fails and can't be changed cause remember all those houses you sold? Yea they wanna keep neighborhood the way it is.
I live in east valley ! There’s no apartments in Gilbert 1500 over the free on mesa side on north side freeeay yes 1500 for 1 bedroom 500 sa feet but a manufacturer home u will pay less but end up w that lot rent and ur mortgage is 300-400$ buy the home cash 💰 is great but I still have the lot lease 700-900 in east valley and looking for a family park because I’m far from 55
Really us AZ grown up we bought are home in 2021 here in Mesa Az are home was $275,000 are rent is still 1500 but are apt was 1250$ on 35th in Greenway Rd in PHX , it's crazy to think that these apartments down the Rd is more than my house each month , this is bull shit , rite now are home is worth 450,000 if we sale
Home in Arizona, the Housing Bubble is Starting to Drop when too many Bad People from Bad Cities are moving into AZ. Note: Guns, Gangsters, Drug Users, Drug Sellers, Killers, Thieves, and too many bad drivers on the street.
@@alanbiancardi2531I'm not saying people who own guns are bad. Guns and bullets are inanimate objects like toys displayed in a house Guns and bullets cannot walk, run, speak, or feel In the end, humans are the ones who actively do bad things. Going to Cali or traveling across America is a circle with no beginning or end point. Arizona is Not a safe place in the future.
I honestly, like lots and lots of Americans, will not be able to buy until those prices at least " at least will come down to 70% " those investors are very bad people, besides most of Californian they sold their house running away from the corrupt liberal State of California and came to Phoenix area and "jacked up the prices paying CASH 70-80% above the value" that is very bad. beside the interest rate is very high 7% that is ridiculous, AND the inflation- No jobs- high gas prices- high food prices, in conclusion I honestly will not even think of buying or renting until thing gose back to before 2019.
That will not help. Obidum has spent so much it will take years for rates to come down. People need to stop buying. I call BS on what this video says. People are buying which is what causing housing prices to stay high. We have our mortgage paid off and would love to downsize but not at these prices.
During the Plandemic, major investors gobbled up single family homes, flipped them or put them on the market for rent. That’s a huge problem. Also, state and federal lands are getting wrecked by squatters, so instead of managing or patrolling the areas, the agencies in charge are shutting down camping areas. 🥸
