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Should You Rent or Buy in 2025? Housing Trends Explained | Latin Wealth
Manage episode 452299105 series 2965900
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In this episode, we tackle two critical topics dominating the headlines: the continued decline in rent prices and the controversial investments by U.S. Immigration and Customs Enforcement (ICE) in cutting-edge surveillance technologies.
Housing Market Update:
Rent prices for 0-2 bedroom apartments have fallen for 15 consecutive months, according to a new report, and are now $40 lower than their August 2022 peak. While this is good news for renters, mortgage rates have climbed to 6.91%, making it more challenging for prospective homebuyers. With rents expected to drop further into 2025, we explore the pressing question: Is it smarter to rent or buy? We break down the numbers, discuss who benefits most from each option, and share insights into the real estate market's future. Whether you’re renting, buying, or stuck deciding, this segment offers valuable advice for navigating housing trends.
ICE’s Surveillance Spending:
In a shocking turn of events, U.S. Immigration and Customs Enforcement (ICE) has reportedly spent over $20 million on advanced surveillance tools, just ahead of former President Donald Trump’s proposed mass deportation plan. Contracts signed just months before the 2020 election include technologies that enable phone surveillance, social media tracking, facial recognition, and smartphone hacking—even accessing deleted data.
We dive deep into what this means for privacy in America, why this technology isn’t just for immigration enforcement, and how it could affect everyone. Are we entering an era where no one is safe from surveillance? We share our thoughts on these chilling developments, the ethical concerns, and the broader implications for civil liberties.
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