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This is a hard one to answer because every recession looks different, but I’ll tell you what I have been seeing.  Rates are being raised by the Feds to slow inflation, however all, including the feds know this can cause a recession. When rates are raised, so do mortgage rates. So with the chicken and the egg, here it’s higher mortgage rates..then recession. However when the inflation rates slow then the raising of rates will slow too. Because there are fears of a recession, companies are already enacting hiring freezes, so yes, recession generally means less jobs and less job security. However currently the job market is considered to be doing well. The housing market is a wild one to predict. However with the raised rates, and thus raised mortgage rates, less people are buying. This means demand goes down which usually means house prices go down. However the supply of houses is still low currently, thus it’s kinda wild right now. There is some talk of borrowers getting ARM mortgages because of these higher rates…this means they get a lower rate now but that can change, causing foreclosure. This would feed the supply and lower prices, but all that hypothetical scenario is years away. What I am seeing currently is people can’t afford the homes they are renting and are having to move into cheaper places, therefore a lot of flux going on there. But to put this in perspective, I remember in the late 90s people getting excited for mortgage rates being between 6-7% which is where we are now, it used to be much higher. Also we have been in a bull market for a very long time, recessions just naturally happen and we are long overdue. On the bright side, for those able to invest, a recession is a great time to put money in. But for most of us it is a time to prepare financially and there are a lot of articles on here for that. If you would like to chat it out you can join us on discord, we love talking about these things.

I also live in FL and grew up on the TX Gulf and have lived in hurricane areas all my life. I strongly recommend being careful of getting advice from people who have no experience with hurricanes, just as I would be the last person to get advice on living in snowy areas. The main reason I say this is the media will show the worst impacted areas so people assume if a hurricane is come if to FL then the whole state needs to evacuate causing panic. TO EVACUATE OR NOT Understand how hurricanes impact your area. If you are near a coastline be mentally prepared for a major impact, however once a hurricane hits land it diminishes quickly. No matter how far you live inland you can have an impact but that doesn’t mean you need to evacuate. If you are on any body of water within a few blocks you can have storm surge, therefore know if you are in a flood zone. The state has phenomenal evacuation zones set up, learn if you are in one and trust those. If a hurricane is approaching and there is a chance of it hitting you and it is major, go ahead and book a hotel room early. Be courteous and cancel if you don’t need it. EXPECT POWER LOSS Go through the articles on TP for that EXPECT WIND do you have trees that can fall on your house? Outbuildings secure? Have hurricane windows or need shutters? Don’t be one of those people that puts trash at the curb before a hurricane if there is no trash pickup before it arrives. FLOODING Again if on water there is danger, get flood insurance. If you own a home consider installing a sump pump if you get water logged areas. Utility pumps on hand are great for flooding too. If your street doesn’t drain well in a minor storm, report to the city so they can address it before it becomes an emergency. SHOP EARLY avoid the panicked masses and do your food shopping, gas and propane (if needed) fill-up early. People flood the stores about 2-3 days before a potential hit, don’t wait that long. Even if you find you don’t need it later that’s ok. On drinking water, I don’t have a hand held but I have the Water Saver Geri can, it’s expensive though. I’ve never lost water in my 46 years of hurricanes, but I hear it can happen. MAKE A LIST I recommend taking notes from the last hurricane (no matter if it impacted you or not) and turn those notes into a check list. Each hurricane you will learn something new and you can modify, but it will prevent you from having to start over each time and think about what to do. I personally broke up the list into how much time I have. For example if it’s over a week away I start getting the outside ready (pick up debris and loose items, take down awnings ect) and start eating all the refrigerated food as much as I can. 5 days away I will buy supplies as needed, too off the gas, get all the cloths washed. 2 days before I’m ready but decide if evacuating, check in neighbors and loved ones, wash the rest of the cloths and retop gas.

Navigating the healthcare system in the USA
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This is a hard one to answer because every recession looks different, but I’ll tell you what I have been seeing.  Rates are being raised by the Feds to slow inflation, however all, including the feds know this can cause a recession. When rates are raised, so do mortgage rates. So with the chicken and the egg, here it’s higher mortgage rates..then recession. However when the inflation rates slow then the raising of rates will slow too. Because there are fears of a recession, companies are already enacting hiring freezes, so yes, recession generally means less jobs and less job security. However currently the job market is considered to be doing well. The housing market is a wild one to predict. However with the raised rates, and thus raised mortgage rates, less people are buying. This means demand goes down which usually means house prices go down. However the supply of houses is still low currently, thus it’s kinda wild right now. There is some talk of borrowers getting ARM mortgages because of these higher rates…this means they get a lower rate now but that can change, causing foreclosure. This would feed the supply and lower prices, but all that hypothetical scenario is years away. What I am seeing currently is people can’t afford the homes they are renting and are having to move into cheaper places, therefore a lot of flux going on there. But to put this in perspective, I remember in the late 90s people getting excited for mortgage rates being between 6-7% which is where we are now, it used to be much higher. Also we have been in a bull market for a very long time, recessions just naturally happen and we are long overdue. On the bright side, for those able to invest, a recession is a great time to put money in. But for most of us it is a time to prepare financially and there are a lot of articles on here for that. If you would like to chat it out you can join us on discord, we love talking about these things.

I also live in FL and grew up on the TX Gulf and have lived in hurricane areas all my life. I strongly recommend being careful of getting advice from people who have no experience with hurricanes, just as I would be the last person to get advice on living in snowy areas. The main reason I say this is the media will show the worst impacted areas so people assume if a hurricane is come if to FL then the whole state needs to evacuate causing panic. TO EVACUATE OR NOT Understand how hurricanes impact your area. If you are near a coastline be mentally prepared for a major impact, however once a hurricane hits land it diminishes quickly. No matter how far you live inland you can have an impact but that doesn’t mean you need to evacuate. If you are on any body of water within a few blocks you can have storm surge, therefore know if you are in a flood zone. The state has phenomenal evacuation zones set up, learn if you are in one and trust those. If a hurricane is approaching and there is a chance of it hitting you and it is major, go ahead and book a hotel room early. Be courteous and cancel if you don’t need it. EXPECT POWER LOSS Go through the articles on TP for that EXPECT WIND do you have trees that can fall on your house? Outbuildings secure? Have hurricane windows or need shutters? Don’t be one of those people that puts trash at the curb before a hurricane if there is no trash pickup before it arrives. FLOODING Again if on water there is danger, get flood insurance. If you own a home consider installing a sump pump if you get water logged areas. Utility pumps on hand are great for flooding too. If your street doesn’t drain well in a minor storm, report to the city so they can address it before it becomes an emergency. SHOP EARLY avoid the panicked masses and do your food shopping, gas and propane (if needed) fill-up early. People flood the stores about 2-3 days before a potential hit, don’t wait that long. Even if you find you don’t need it later that’s ok. On drinking water, I don’t have a hand held but I have the Water Saver Geri can, it’s expensive though. I’ve never lost water in my 46 years of hurricanes, but I hear it can happen. MAKE A LIST I recommend taking notes from the last hurricane (no matter if it impacted you or not) and turn those notes into a check list. Each hurricane you will learn something new and you can modify, but it will prevent you from having to start over each time and think about what to do. I personally broke up the list into how much time I have. For example if it’s over a week away I start getting the outside ready (pick up debris and loose items, take down awnings ect) and start eating all the refrigerated food as much as I can. 5 days away I will buy supplies as needed, too off the gas, get all the cloths washed. 2 days before I’m ready but decide if evacuating, check in neighbors and loved ones, wash the rest of the cloths and retop gas.


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