➡ Dan discusses the current trend of significant price reductions on high-end luxury homes across the United States, particularly in Florida. He notes that these price drops are reminiscent of the 2008-2012 era, and suggests that even wealthy individuals are looking to offload properties. Additionally, he observes an increase in for-sale signs on boats and other assets, indicating a potential economic shift. Lastly, he promotes Patriot Gold Group, a company that sells precious metals, as a way to protect oneself financially.
➡ The speaker discusses various topics including the drawbacks of electric vehicles, job losses at JC Penney, the potential impact of AI on architects and interior designers, the shrinking economy, and the dangers of online scams. They also mention the potential exodus of businesses from New York City due to political changes, the struggles of dating site Bumble, and the reopening of the Roy Rogers restaurant chain. Lastly, they advise on the importance of documenting car accidents thoroughly to avoid potential issues.
➡ After a minor car accident, it’s important to document everything, including taking pictures of the car and the other person involved. Even if the damage seems small, don’t leave the scene without calling the police and getting an incident report. This is to protect yourself from potential false claims later on. Always carry your insurance card as it’s required by law.

Hi, this is I, allegedly. Welcome back. I’m Dan, and I’ve got a good one for you today because you need to get ready for the price reductions. Everything’s gonna be on sale, and it’s gonna start with something very big. So please hit the like button, subscribe to this channel, please, and also set the bell notification so you get notified when all the videos come out. And today we have a sponsor, Patriot Gold. But let’s get right into it. Real estate in Florida is out of control. But one thing you’re seeing across the United States, and Dr.

Marvin sent me this great story from Newsweek, is that we’re seeing massive price reductions on high-end luxury homes. Not just homes in general, but high-end luxury homes. Now, what’s a luxury home? Here’s the thing that blew me away. Across the United States, you can consider it a luxury home if it’s over 1.45 million. Now, in my community, 1.45 million is gonna get you nothing. It’s going to be a simple little house for 1.45 million. It’s not gonna be anything glamorous or dramatic or anything. I love looking at real estate around the country, and I love looking at certain states like Kentucky and Tennessee and Alabama, and seeing that you can get basically a mansion for 1.45 million.

Now, Texas, what you can get for $500,000 and $600,000 is unbelievable. The only thing is that you’ve got the weather to contend with, you’ve got the heat, you’ve got different problems. You can buy these houses. Do you need a job to pay for it? Well, yeah, we don’t have those around here, so you’re gonna see some crazy stuff when it comes to these prices. Now, Florida real estate is a unique bear right now, and why it’s unique is that you’ve got all these houses that are $20 million plus that are dropping the price dramatically right now.

Unbelievable price reductions right now. So why is this? They’re not moving. That’s why. So a lot of these places that you have is you’ve got second and third homes for people, and when you read this article, it’s great because they’re unloading stuff at a complete record pace right now. And let’s drop it $5 million, $26 million, let’s drop it to $20 million. That is a huge price reduction, guys. But you know what you do? You walk in there and offer $15 million for it. Oh, I can’t do that. You can do $18 million, though. You know what I mean? This is what people don’t get right now, is that you’re seeing all these dramatic price reductions right now that we have not seen since the 2008 through 2012 era.

And interest rates being what they are, you know, listen, we’re going to have rich people that are going to be able to survive this and not have to be a big deal. And that’s not going to be a problem. But so many people right now are lowering the price of assets, boats. OK, you’re seeing jet skis, you’re seeing trailers, you’re seeing motorhomes. I’m telling you this right now, one thing that I’ve noticed here in Southern California is we have busy streets where you’re allowed to park vehicles out on certain streets for sale here in Orange County.

So on the weekends, it’s nice to drive by and see what are people offering. The thing that’s interesting is the size of these discounted areas are growing dramatically. They’re getting bigger and bigger and bigger. You’re seeing more stuff out there, golf carts and toys and and funky electric cars, things like that. But when it comes to real estate right now, what we’re seeing is that even the rich right now are saying, forget it, let’s just unload it. Now, everybody needs money for different things. People need to get out of stuff. People are breaking up. People are moving, whatever.

But one thing that’s wild is that you are seeing more and more properties sit in the market longer that are high end. You’re seeing these unbelievable price reductions. Now, in Florida, $1.45 million is not going to get you much. There really is. There’s condos that go for more than that. But when it comes to stuff, let’s just say above $10 million, we’re seeing people drop off, you know, 10 percent. It’s crazy. Dropping a million dollar price reduction all over the place. And it doesn’t matter where it’s at. You know, let’s face it, it’s not like someone that’s going to buy a 15 million dollar house.

You know, yeah, are they concerned about their property values and things like that? But they’re not worried about the insurance payment. They’re not budgeting to buy that house. I’d say 99 times out of 100. So it’s crazy what we’re seeing. And this is only getting worse. But like all good things, there is somebody in the Palm Beach area. And again, thank you, Dr. Marvin, for this story, because completely unrelated story is that someone is scooping up multiple properties. And this is from the payments site. And I love this because what you’re seeing is you’re seeing people that are accumulating lots of land.

And what did they do? They bought four lots next to each other. What are they going to build? Some super house? Yeah. Well, the broker and attorney that is doing this, you know, of course, it’s anonymous. We’re not going to tell you. But they spent two hundred and fifty million dollars on four lots, four parcels, four houses that are next to each other. Now, is this for Jeff Bezos and his and his weather girl wife? You know, who knows? But this guy has been tied. The attorney has has been tied to transactions with, you know, the world’s greatest imbecile Bill Gates.

So Steve Ballmer, who helped start Microsoft Microsoft and now owns the Clippers has done transactions for him, too. So you can speculate. And people love to do this. People love to play games and sit there and say, oh, you know, what’s this going to be? Who’s going to own it? You know, we’re all doing it right now. The point is, is that somebody’s buying two hundred and fifty million dollars with a real estate just down the street, you know, south of Murilago. So it’s interesting right now, starting to see this happen more and more and more.

But I don’t care what you want to buy, guys, as I walk out in the dock and I haven’t done this, not just every few weeks or so. You know, people are out enjoying their boats right now this morning. It’s about eighty two, eighty three degrees right now. It’s nice, nice and warm. But you’re starting to see more and more for sale signs on these boats. Is this the shape of things to come? I think so. I think so. You know, so let me know what you think so far. And what do you think about this? Is this the worry? Do we get concerned when rich people start to unload things? Let’s talk about our sponsor, Patriot Gold Group.

You know, our budget deficit is growing. And with this new budget, it looks like it’s even going to go up even more. The U.S. dollar is at a two year low in value. And one thing that you need to do is you need to look at protecting yourself with precious metals. The best place to do that is Patriot Gold Group. Call them today. 888-330-1431. They will answer all your questions. It’s very easy to buy all types of metals. They sell them all. Contact them today. If you don’t want to call, use the link below.

They will send out a free investor guide, which will help answer all your questions. But think about this. We’ve had experts with technical charts say that gold could go as high as seven thousand dollars an ounce. That is double where it’s at right now. You do not want to miss out on that. Check it out today. Call Patriot Gold Group 888-330-1431. Let them know that Dan from I allegedly sent you. Look at what central banks are doing. Look at what all the experts are saying. And they’re saying get yourself into precious metals now before it’s too late.

Contact Patriot Gold Group now. Now, I love charts. I love people sending me things to compare stuff that are great breakdowns that are educated and show details as to why they’re like that. Now, what’s the best street to live in? What’s the worst street to live in? None of that. I’m talking about breakdowns that make sense. Who’s got the highest credit card debt in the country? Top 10. How about this? Eight of the top 10 are here in California. Hey, you deadbeat. Financing your lifestyle. And then, what’s the cheapest place to live? What’s the most expensive place to live? Again, California most expensive.

Cheapest is Arkansas, but the list will be below. And those are great. Now, one of my greatest accomplishments is my oldest brother was going to buy a Rivian and had the deposit there for, I think, two and a half years. And I explained to him how awful the electric cars were and how he’s going to hate it because his daughter and his daughter’s husband lived in Washington State. And he would do the truck up there a lot, take his grandson back and forth, and just do that. And I’m saying, how many times are you going to stop with the Rivian? Seriously.

You like to drive and maybe make one stop and then keep going? He’s the maniac driver that’s done it straight through before, stopping only for fuel. Well, the problem with the electric vehicles is that it takes a long time. Now, here’s the thing. He sent me a chart and he thanked me again last night and said, thank you about the Rivian because look what’s rated as the worst car to get. It’s on the list. Okay. Is the Rivian. The first one was Ford, Ford Jeep. They say it sucks big time. So the next one was the Rivian cars.

Okay. Well, great. I’m convinced you’re going to see these electric car companies go out of business, not all of them, but you’re going to see problems that you’ve never seen before in your lifetime. So with that said, what happens if one of these guys go out of business, you know, Lucid, all these other, you know, you know, uh, Stan fast, whatever the heck, you know, van fast, all these other ridiculous companies, you know, even GM, there’s talk of GM going down for the count, Ford going down for the count, whether you believe this stuff or not, that that’s on you.

Okay. But here’s the thing. They, these things are a maintenance nightmare. I had a date the other night that was like, oh, I’ll swing by and pick you up at the house. Okay. So great. Worked out perfect. Comes by and our Tesla picks me up, takes me to dinner. It’s kind of a thing anyways. And, uh, we did that. And then I, at the end of the night, I’m going to walk Rosie and, uh, I go walk Rosie around the block and she does her business. And then I come back. The woman’s still sitting in my driveway.

Okay. So be good. So needless to say, her Tesla wouldn’t start dead, dead, dead, dead, dead, black screen, screen of death. Okay. My, I can’t help you. I don’t know anything about these cars, but again, reason not to buy this thing. So we had to go inside or, you know, hooked up to the internet and what do you do when the car won’t start? See, she had to reset the computer, which some of you are going to sit and say, it’s no big deal, Dan doodle time. Okay. Okay. Okay. So we had to reset it and it was very nerve wracking for her because I’m like, I can take my car home.

I don’t care. Go ahead. You know, but no. So we finally got car finally fired up and she said, you know, when I got here at 97 miles, you guys, that’s nothing. Okay. When, you know, I’ve been in this car twice now and it’s like, wow, when you, you know, I charge it to about 85%, I rarely do I get a full charge on it. And both times it was, the highest I saw was 170 miles in the car. Guys, that’s nothing, guys. That’s what I used to fill up when I, when I was broke as a college student, I would put money in the tank and I’d have 170 miles of the tank.

But this is what you have with these EV cars. So you got that to look forward to. Um, had a great story sent to me about JC pennies. They’re closing one of their distribution centers. Uh-oh. Done guys. Done, done, done. So by November, you’re going to lose the Haslett, Texas location, and they’re going to lose 300 jobs. Now these are 300 adults that get to lose their jobs right before Thanksgiving. And you can sit there and say, wow, that is terrible. And it is, it’s absolutely awful. And, uh, you know, it just, it’s awful.

Okay. So you know, AI is helping with the design for houses. And that’s interesting to say the least because you don’t have to deal with anybody, but does that put architects out of business? Does it put planners out of business interior designers out of business? I think so. I love the fact that PayPal is now trying to team up with stores for what they call click and mortar. Click and mortar is places you’ll click and buy and mortar is the store locations. But again, get yourself in debt, go get another credit card, go borrow more.

Now, speaking of that, we just got a new story that the economy is shrinking right now. The economy is going down and you’re seeing less and less and less activity. It’s down basically half a percent right now. So whose fault is that? Who are we going to blame? What are we going to call, you know, what is this right now? So that’s terrible. So a story that was sent to me is very sad. A bus driver, um, had saved $20,000 and her life savings was ripped off from her because she got a text message from Wells Fargo Bank.

Saying that her account had been compromised and she started to fill everything out. And sure enough, it was a scam. Now, the worst part about this was they said, you need to call us at this number. And certain things popped up and showed Wells Fargo as a scam. And she even screenshotted certain things. And sure enough, you need to transfer your money into this account. And it was completely gone. And she lost everything. Now, Wells Fargo said, well, you did this voluntarily. I didn’t thought it was you guys. And, you know, they acted like they impersonated you.

So again, guys, they’re supposed to cover fraud, you know, and theft damage above, you know, 50 bucks. So needless to say, guys, I’m telling you, protect yourself. Assume that these criminals are out there and they’re too smart. But this poor bus driver, I felt really bad for her. I talked on the last video about businesses wanting to leave New York City. It gets even better. Banks are going to leave New York City. Now, they’re already talking about moving locations and not doing business in New York City because of the new mayor that could potentially give away the world.

Now, again, we all like free stuff, guys. I like the logo coupons. I like all that stuff. But the problem with it is that you have to do this. They want you to go give you a buy one, get one free coupon at a restaurant so that you’ll go out and buy alcohol and buy, you know, spend more money. Oh, you want an appetizer? Yeah. Now, those are $30. You know, they want you to do that so that you’re spending money there. But the idea of giving away free health care, free child care, what’s that going to cost? And here’s the thing about this.

Would you leave your grandchild or your child with just any monkey? No, you want them to be verified and, you know, have you ever been arrested? You want to know that these people are safe to have your child around. Bumble, the dating site. Basically, Bumble is a site. A lot of women go on because the woman has to make the first move. You just can’t have creepsters. I love dating because I love to hear the dating stories from these women and the crazy stuff that men do. And again, stuff that we can’t talk about on here, we can talk about in iAllegedly Live.

So you want to go there because it’s funny. But my niece met her financier husband, I love this story, who was a CFO for three public companies on a Bumble dating site. Now he’s a professional golfer and teaches golf. And again, so you can meet good people on there. My niece is a quality individual, but needless to say, it’s only losers. It is. It is. It’s only losers if that’s what you’re looking for. But again, two high quality people got hooked up together and that came from that Bumble site, which is now having a real difficult time and cutting back by 30% their entire staff.

So I’m going to finish this video with these last few things. Don’t forget to join our email list. We have one going out momentarily. Don’t forget the private channel that I love doing that content for. And do you guys remember a restaurant chain called Roy Rogers? It’s on the East Coast. Well, that is opening again right now. And they’ve opened up their first store on the East Coast. And again, I ate there when I was in the eighth grade when had a trip to Washington, D.C. 150 years ago, and I ate there.

Final, final story. One was driving her car and she posted a TikTok about this, which is this is sad. She got rear ended sitting there at a stoplight and somebody ran into her. She asked the woman, can I see your insurance? Well, my phone is so sophisticated brand new. I don’t know how to get my insurance card. I’m telling you guys, don’t fall for this. Take pictures of license plates, take pictures of the car’s damage, her car’s damage, everything right now, because I once scraped a car at the airport and the guy was like, I had so much damage.

It was danger. And then he wanted to flee. No, I wanted to pull over so my daughter could get in the car from her international flight. Anyways, it was ridiculous. Guy had no damage. Had a scratch on his car that they buffed out. Okay. And yeah, I turned it into my insurance company, but take pictures of everything. Take pictures of the car, take pictures of the person. And then if they start doing shenanigans like that, don’t leave without calling the cops wherever you live. I don’t care what state you live in. Oh, we won’t come out.

Well, I want an incident report, officer. I want you to write this up because this woman fled the scene of an accident and I’m fine. And she was clearly fine because she took off, but you don’t want this person to come back to you and say that, oh my God, I have brain trauma. And oh my God, you know, you know, this woman was a famous tick tocker that got ran into. It’s terrible, but don’t buy that. Oh, it’s on my phone. You have to have an insurance card with you guys.

It’s the law. It’s the law. So protect yourself. So now this woman says, now I have to do this all on my own. And I’m like, God, you guys just assume that protect yourself every time and assume that the person is going to be a snake in a scoundrel and oh my God, I’ve got brain trauma. Oh my God, my back. You know, okay. I do that pretty good. Hit the like button, subscribe again. Well, I go out with Tesla girl again. Yeah. I just, every time she calls me and I say, how many miles you got in the car right now? I’m kidding.

Anyways, hit the like button, subscribe to the channel and I’ll see you soon. Okay. Beautiful morning. I hope it’s like this where you’re at. [tr:trw].

See more of I Allegedly on their Public Channel and the MPN I Allegedly channel.