Is Home Ownership Even A Smart Idea Anymore?

INCOGNI Will Auto-Scrub Your Personal-Data from background-check sites. More info here.. https://incogni.cello.so/HKZT9oAS3mG -- The Only Filipina Dating Site I recommend.. https://bit.ly/christian-filipina-dating -- For Expat Health Insurance in the Philippines, please contact Michael Onstad at; https://www.facebook.com/monstad1 or email at; michael.onstad@loc-consultants.com Safely access your banking, social media, crypto, and email through one read-only device; all traces of your activity are deleted when you shut down. Get details here.. https://shop.plugos.net/3tslib EXPATS IN ASIA Group.. https://www.facebook.com/groups/expats.in.asia.news.chat LIBERTY & LUNACY Group.. https://www.facebook.com/groups/libertyandlunacy _____________________________________________________________________ -- How I send Money to the Philippines.. https://remit.ly/1amhoix -- Loctote Flak Sack Ⅱ - Anti Theft Backpack.. https://amzn.to/3tXuBDk If you find my content helpful, I appreciate the support. https://bit.ly/thanks-reekay-lifebeyondthesea _____________________________________________________________________ This channel contains affiliate links that support the channel at no extra cost to you. Thanks for your support! #selfhelp #relationships #lifehacks ------------------------- 00:00 - 01:22 California Retirement Costs 01:22 - 02:54 $26,000 HOA Assessment 02:54 - 04:17 Rising Home Insurance Costs 04:17 - 05:48 Retirement Costs Are Rising 05:48 - 07:14 Why Homes Became Unaffordable 07:14 - 09:11 California Housing Affordability Crisis 09:11 - 11:29 Why People Leave California 11:29 - 14:15 Retirement Outside America 14:15 - 15:42 Can Social Security Pay? 15:42 - 18:31 Retirement Planning Reality I’ve been looking at something that concerns me—not just in California, but across the United States, Canada, Europe, and other places where the cost of simply maintaining a home keeps climbing. A house can be completely paid off, yet property taxes, homeowners insurance, HOA assessments, and other expenses can continue rising. I share some real-world examples and explain why the retirement equation I grew up believing in doesn't look the same anymore. I also look at disappearing pensions, Social Security, housing affordability, and what happens when people reach retirement age on a fixed income. For those planning retirement, already retired, or wondering whether owning a home is still the best strategy, this raises some uncomfortable questions about what comes next.