I live in SWFL. For year 2020 we paid $1850. For year 2025 they are asking for $7200. That's a 3.9x increase. And that's not all. Thanks to all this crazy inflation, any article that gets damaged that was installed before 2020 now gets depreciated a heck of a lot more. And the effective deductible is much higher, because the percentage stays the same while the policy valuation is more than double. So, in effect, in a moderate damage claim, you'll get paid about half as much as you would have pre-2020 for similar damage while paying nearly 4x the premium. To me, this means you are actually paying closer to 8x vs what you used to pay when you consider the premium and what you might expect to get paid in a claim.
Maybe some company like Goldman Sachs and Blackrock could probably be trying to take your properties. So they would start by pricing you out of insurance through whatever controls and influence they may have with the insurance companies and then you won't be able to afford rebuilding. Makes taking over those hurricane prone areas much easier, and gentrifying them into the next capital-rich state.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement.
You got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell them later when they go up. Just do your homework and be aware of the risks before diving in!
@@rossie-m2t Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e. a financial advisor. You could anywhere between 10-40k with the right ones. Online businesses are a good bet too if you are savvy.
@@KarenDuncan-o5s Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@@BarbaraLouise-i3r MARGARET MOLLI ALVEY is the licensed advisor I use. Just research the name. You’ll find the necessary details to work with a correspondence to set up an appointment.
@@KarenDuncan-o5s Thank you so much for your helpful tip! I was able to verify the person. She seems very proficient and I'm grateful for your guidance.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately... I looked through her credentials and did my due diligence before contacting her.
I live in SWFL. For year 2020 we paid $1850. For year 2025 they are asking for $7200. That's a 3.9x increase. And that's not all. Thanks to all this crazy inflation, any article that gets damaged that was installed before 2020 now gets depreciated a heck of a lot more. And the effective deductible is much higher, because the percentage stays the same while the policy valuation is more than double. So, in effect, in a moderate damage claim, you'll get paid about half as much as you would have pre-2020 for similar damage while paying nearly 4x the premium. To me, this means you are actually paying closer to 8x vs what you used to pay when you consider the premium and what you might expect to get paid in a claim.
Maybe some company like Goldman Sachs and Blackrock could probably be trying to take your properties. So they would start by pricing you out of insurance through whatever controls and influence they may have with the insurance companies and then you won't be able to afford rebuilding. Makes taking over those hurricane prone areas much easier, and gentrifying them into the next capital-rich state.
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement.
You got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell them later when they go up. Just do your homework and be aware of the risks before diving in!
@@rossie-m2t Safe to say not everybody has the skill to pursue investing. But it's always easy to follow the advice of someone who knows how to i.e. a financial advisor. You could anywhere between 10-40k with the right ones. Online businesses are a good bet too if you are savvy.
@@KarenDuncan-o5s Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@@BarbaraLouise-i3r MARGARET MOLLI ALVEY is the licensed advisor I use. Just research the name. You’ll find the necessary details to work with a correspondence to set up an appointment.
@@KarenDuncan-o5s Thank you so much for your helpful tip! I was able to verify the person. She seems very proficient and I'm grateful for your guidance.
my car insurance has doubled....
Colorado is off the charts as well. Approaching $400 a month or much more if you live in mountains or woods. Hail central.
Just as seeds need time to grow into trees, investments need time to grow into wealth..
Patience is key in investing, just as it is in gardening. Watch your wealth grow over time!
Indeed Patience is key, With my adviser’s insights, I’ve learned to wait for the right opportunities, which has boosted my returns.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Supply, at north east, is UP 40% HOME MARKET IS CRASHING 😂😂😂😂
PINOCCHIO😂
Why anyone would choose to live in Florida is baffling.
That's such a strange thing to say... Where do you live?
Jerome "Soft Landing" Powell, 52% that's a heck of soft landing.
Just as seeds need time to grow into trees, investments need time to grow into wealth.,..
Patience is key in investing, just as it is in gardening. Watch your wealth grow over time!
Indeed Patience is key, With my adviser’s insights, I’ve learned to wait for the right opportunities, which has boosted my returns.
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like..
Thanks for sharing. I curiously searched for her full name and her website popped up immediately... I looked through her credentials and did my due diligence before contacting her.