I'm sorry, Stacey, I had to quit less than five minutes in. I lived this nightmare after I became disabled and we had to sell our house. We were homeless for 19 months, staying first with a cat-sympathetic acquaintance in Colorado, then coming home to Florida to live in a friend's bedroom - both times patronized, shamed, and almost treated like criminals. We moved into a real 2-bedroom apartment with another person who turned out to be abusive. At the moment, my husband's hours have been cut, and we're living on my SSDI. Rent takes up half that payment, to say nothing of the borrowing and the financial shenanigans and hoops we had to jump through to get into this place. I will never fear anything as much as I fear becoming homeless again.
My little sister found herself homeless as well being disabled. She died in a tent on Asheville NC in 2023. I am so sorry for your family and the situation you are going through.
Instead of building more (and wasting more resources), let's do an inventory of all houses and buildings that currently remain vacant at least 50% of the time, then find out what it would take to make it affordable housing, both for purchase & rental. Most people would be horrified at the vacant houses and buildings everywhere!
I am a boomer (1961) originally from KC,Mo. My parents bought a house for $12K not long before I was born. The same property is now listed for almost 100x that! Crazy real estate market = crazy rents.
I’ve lived in Brooklyn for the past 30+ years. Huge swaths of beautiful brownstones have been demolished to build revenue generators like the Barclays Center. What kills me is the push to “build” affordable housing rather than money to maintain, restore and/or protect our existing neighborhoods. Studies have confirmed that “new housing developments” are alienating and have little to no sense of community. Townhouses, brownstones are much more likely to create community. Developers declare entire city blocks of neglected homes “blighted” and this begins the checkmate game of their second action, declare the blighted homes “condemned.” Once condemned, most cities have “eminent domain” laws that allow them to evict tenants and then demolish the neighborhood and install sports arenas or build condos or co ops. The travesty is played out over & over and over in every city and town. I loathe hearing politicians commit to “new affordable housing” The biggest cause of homelessness has come from totally lax renters protections. People on fixed incomes are told their rent will be doubled at the next lease renewal. Rather than push back on these landlords or write legislation that hems in those increase spikes, politicians promise to build new warehouses. I loathe the myopia of this issue.
I am glad to see this conversation. My housing instabilities have been the major contributing factor to my disenfranchisement. I do not hear a lot of people acknowledging this issue, so this episode in particular has fortified my anger and determination. Thank you for the work you do.
Native Floridian here. It’s been very scary renting in Tampa. Moved out after 4 years due to rent increases and hidden or unavailable owners/management. The Trammel Crow Company & their covert owners/investors are EVIL
Also “Beacon Hill Communities” are one of the worst in the areas of Brockton, Mansfield, Taunton, Randolph Massachusetts. This evil greedy company increases your rent yearly, a one bed starts at 1,600, but it doesn’t stop there, they increase your rent the following year to 1,800 a 2 bedroom cost 2,800- This Is ridiculous when you don’t make enough not even having two three jobs.
*Thank You Stacey Abrams for this necessary and informative conversation* ⚠️ Neither Harris or tRUMP will do anything about making the cost of housing far less expensive for United States Citizens ‼️💯
Affordable housing is possible for people who rent if they can buy instead. Buyers accumulate $ paid over interest, gain a nest egg, and care about the home more than if they rent. So much better if folks can buy instead of rent.
I wish more renters understood this. And, because the mortgage company doesn't want a vacant property they will defer payments for a full year in the event of a major life change. No landlord is going to do that.
This is why I moved to another country. I was a student who was struggling with housing myself and working several seasonal, part-time jobs. I had had 2 evictions on my credit, a bad credit score, and a lot of debt thanks to student loans. This was painted as a moral failure on my part because "somehow everyone else was able to do it". This shouldn't be this way. I want to move back, but housing is a huge concern. I'm now an urban planner with a housing specialty
Yup, getting eviction threats as we speak. Will be living in my car very soon. I wish the REASON why was discussed and who is responsible. We need radical change.
I voted for you Stacy in Georgia. Now I live in the DMV rent is also too damn high internationally. I’m am thinking about moving into a trailer at 72 years old
A few weeks ago the DOJ brought a lawsuit against a software company called RealPage. This company is a revenue enhancement AI software that most large real-estate companies purchased to help set rent pricing. The company gathered proprietary data from all of its customers and shared it with its other customers via an algorithm essentially creating a monopoly. There was no competition. Stacy, could you also do a follow up report on this? Thanks!
In Japan housing is considered a commodity and not a retirement account. It gets old and out of date just like your clothes or shoes and the government makes more as needed. Shocking I know.
I have a meeting so I’ll be back to finish listening in. I was a too realestate broker who one day found myself homeless and renting was a nightmare. I have much to lend to this conversation.
Cars are a necessity as well. Repairs are difficult to maintain. Taking the public transpotation make transporting your packages cumbersom. Laundry care is expensive too. Homelessness should be illegal. Nobody should go with out housing period. You cannot manage your life without a home. You cant manage your health, from the foods you should eat to stay healthy to taking the meds you need and getting regular schedule of exercise. When homeless you lack access to a toilet and shower. You lack proper bed for adequate sleep. All this effects mental health and exaserbates any mental health issue you have in addition to sny physical health problem you have.
I don’t understand the overall outcome of what is expected if rent is so high that no one can afford it. People are not paid enough to afford a place to live and you’re arrested for living on the streets. Where are people supposed togo and what are they suppose to do? Things are getting worse and worse with Wall Street buying up residential properties.
Everyone helps people with children which I agree 💯💯 but what about the senior empty nesters everyone don't want to be packed into a senion living small dpace or a senior citizens tower. I want my own home. I had purchased my own home and was cheated out of it.
Great episode. Definitely looking into the organizer and their platforms.... re recommended resources at the end of program... Look into the writing of Evicted and how the ethics of the author's research practices were questioned as exploitative.
Stacey, thanks for the information BUT we need to learn how to build emotionally connected communities that come together for meals, celebrations, hanging out, and even marriage connections. ONLY THEN will the REAL PROBLEMS begin to seek solutions. YOU’RE PUTTING THE CART BEFORE THE HORSE. I see it all the time: all these great plans, booklets, contact numbers and information BUT it rarely develops into sustainable communities. AND THAT’S WHAT WE NEED! FIRST! It may take years but that’s what we need.
Kum ba yah does not work with these banksters. Best believe that. Have you not noticed that it is also common citizens who are buying up places, flipping them and screwing people over as much as corps are now?
@StaceyAbrams - you're an incredibly eloquent speaker when speaking freely. Reading from the prompter at the start feels robotic and monotone...and made me want to keep scrolling!
Well, it is a monologue. Even Seth Meyers has Wally holding cue cards during his. Ms. Abrams is a busy woman, mostly spending a lot of time saving Democracy as we know it. Instead of expecting perfection from women, especially Black women, how about extending a little grace. Not everyone has time to memorize, and sometimes, when you do, it sounds canned. I listened while I was working, so I paid more attention to the messaging, rather than focusing on delivery. Perhaps, try it that way.
I'm in Wisconsin I've been renting for all my adult life, the rent is absolutely too dang high...is there something in WI I can join? (I'm central ish, not in Madison or Milwaukee)
This system is a failure! If you're older and have an investment you don't want to bring the rent down... And if you're younger you have no opportunity to succeed. Omg let's talk about it
หลายเดือนก่อน
I love Miss Stacy but I live in Public Housing for the disabled and elderly. So my rent can be no more than 3O% of my Social Security check. So paying a third of your income in rent doesn't sound that high to me. Wouldn't a third of one's income be 33.3 percent? I always thought that paying 3O% of your income in rent was the ideal? When did it change? 💙
When the cost of other things went up so much poorer folks cannot use the same figures that always existed and have it be fair. Figures that may very well work for higher income folks don't work well for those lower on the cash ladder. Like flat rate taxes harm the poor more in a similar way. Right now when someone gets a social security increase they take a third to half of that increase out of any EBT bennies they may be getting. So wrong! So wealthier SS recipients do much better than the poor since they get the full COLA. Without subsidized housing it's even worse for the very poor when they try that old 30% figure.
หลายเดือนก่อน
@@YouMatter-UDo All I know is that I receive the smallest Social Security check that anyone in America receives. And thanks to Public Housing and Food Stamps I can afford to live on my 95O dollar Social Security check. But of course I am now retired and don't have to work. 💙
Glad you are able to do that. But that can be changed at any time with the wrong ones in congress and the white house. The whole system needs to be reformed. And soon. There are more elderly poor headed to the streets daily. Too many complete suicide because of the hardships. We must start caring about all people's situations if we can.
Tara is right with some of her points on housing but that mean we would need a Singaporean model, which mean privatized housing would basically not be what is in the Western World. This mean more government intervention and ownership by the government. I just don't see it happening.
@@bradenhazle4378 Nothing wrong with it but that’s a major shift from the privatized model that America has been built on. To say thats going to change anytime soon is laughable. We barely agree on childcare, raising corporate taxes, mass transit. I wouldn’t hold my breath for this one. Sorry to tell it like it is, but I don’t put hope in things where money rules the roast to change….
@@lebronsinclair8012 Citizens actually agree on all those things, elected officials act disproportionately. Thats a matter of voting in the right people. But this specific issue is a great start with expanding tenant unions which is separate from government but as they become more popular they will have a stronger influence on government.
@@bradenhazle4378 influence means nothing. For example big donors were the ones that made Biden step down not the disdain of the average American. I'm on your side but the same tactics just aren't effective as they were in the past.
@@lebronsinclair8012 Yes...influence means a lot. Unions have power. By the way Pelosi and other highly respected representatives pressed Biden to step down...because there was not strong support from the public. Big money does not like Biden or Harris lol.
Focus on building two parent households, and make a commitment to skill building and education so people are better prepared to afford the required needs and wants. Also, teach financial literacy in middle school. Why would anyone want to be a Tennant? Well, if you are taking anything Jimmy said as useful and valid then this podcast is useless.
Like so many comments - this is hard to hear. BUT I think Blacks need to get over with keeping everything to themselves…and become a caring community. It’s interesting that I hear how many blacks bad-mouth each other.
i wonder if renters who've lived in the same apartment after a set period of time should become a partial owner of the building. that would encourage people to not move. there would always be room for people to rent annually. i remember the days of moving every year, typical for 20somethings. but i think people who have lived more than 7 years in the same place have invested and helped pay the mortgage and taxes of the building, they have earned partial ownership of the building, or its equity. remember, landlords do NOT pay the mortgage or taxes, the renters do. but the renters get no benefit of the equity of the building. landlords basically manage the finances of the building. they put money in up front, but after they have renters, the rent is covering mortgage, taxes, maintenance and profit. also a co-op model could be workable as well.
I should add it would be a benefit for landlords because it would attract stable renters, people willing to stay put, so a dependable source of income. renters would be more invested to maintain and improve the building if they know they will get real money in the future.
Lol, it is wild to me how the elected officials (usually blue) created this continuous crisis through so so many bad policies… And yet want to come and say ‘yes this is a problem’. The worst housing crisis happens in blue states/cities…I wonder why 🤔🤔
My daughter makes $23 an hour, pays $1400 a month in rent\utilities for a 2 bedroom apartment. Kansas doesn't enforce child support rulings so she is screwed!!!
This is one of the best explanations of what effects eviction has, emotionally, ruined credit, loss of job and education. Go Stacy!
I hope the Harris Administration includes Abrams.
Chief of Staff, Attorney General, Dept of HUD or Secretary of Labor!!!
@@chelabuford7106. ALL FOUR! Take her pick!
Yes! She deserves this opportunity and would make great leaps on major issues.
I'm sorry, Stacey, I had to quit less than five minutes in. I lived this nightmare after I became disabled and we had to sell our house. We were homeless for 19 months, staying first with a cat-sympathetic acquaintance in Colorado, then coming home to Florida to live in a friend's bedroom - both times patronized, shamed, and almost treated like criminals. We moved into a real 2-bedroom apartment with another person who turned out to be abusive. At the moment, my husband's hours have been cut, and we're living on my SSDI. Rent takes up half that payment, to say nothing of the borrowing and the financial shenanigans and hoops we had to jump through to get into this place. I will never fear anything as much as I fear becoming homeless again.
I totally empathize with you! Take cate and be blessed.
VOTE
💙💙💙🇺🇸🪷🏈✨
Get involved in your local politics!
@@sharongillespme too ❤❤❤❤
Vote for people who put people ahead of profits. That's why I vote democratic 90 percent of the time. Lately, it's been 💯 of the time.
I’ve been there!!!!! I send you light and love
My little sister found herself homeless as well being disabled. She died in a tent on Asheville NC in 2023. I am so sorry for your family and the situation you are going through.
I remember hearing that gentleman a decade ago "The rent's too damn high!" Right on point! Thank you for the knowledge and rifts on power and anger.
Instead of building more (and wasting more resources), let's do an inventory of all houses and buildings that currently remain vacant at least 50% of the time, then find out what it would take to make it affordable housing, both for purchase & rental.
Most people would be horrified at the vacant houses and buildings everywhere!
I am a boomer (1961) originally from KC,Mo. My parents bought a house for $12K not long before I was born. The same property is now listed for almost 100x that! Crazy real estate market = crazy rents.
I’ve lived in Brooklyn for the past 30+ years. Huge swaths of beautiful brownstones have been demolished to build revenue generators like the Barclays Center. What kills me is the push to “build” affordable housing rather than money to maintain, restore and/or protect our existing neighborhoods. Studies have confirmed that “new housing developments” are alienating and have little to no sense of community. Townhouses, brownstones are much more likely to create community. Developers declare entire city blocks of neglected homes “blighted” and this begins the checkmate game of their second action, declare the blighted homes “condemned.” Once condemned, most cities have “eminent domain” laws that allow them to evict tenants and then demolish the neighborhood and install sports arenas or build condos or co ops. The travesty is played out over & over and over in every city and town. I loathe hearing politicians commit to “new affordable housing” The biggest cause of homelessness has come from totally lax renters protections. People on fixed incomes are told their rent will be doubled at the next lease renewal. Rather than push back on these landlords or write legislation that hems in those increase spikes, politicians promise to build new warehouses. I loathe the myopia of this issue.
Thanks Stacey, information is power. 🔵💙🇺🇸🔵💙🇺🇸🔵💙🇺🇸🔵💙🇺🇸🔵💙
I am glad to see this conversation. My housing instabilities have been the major contributing factor to my disenfranchisement. I do not hear a lot of people acknowledging this issue, so this episode in particular has fortified my anger and determination. Thank you for the work you do.
Thank you for including folks all along the income spectrum. This is ridiculous and not sustainable💙
Hey, Ms. Abrams! Where have you been? I'm so glad your channel found me!!
Native Floridian here. It’s been very scary renting in Tampa. Moved out after 4 years due to rent increases and hidden or unavailable owners/management. The Trammel Crow Company & their covert owners/investors are EVIL
❤100% you’re correct they’re a bunch of evil criminals!!!
Also “Beacon Hill Communities” are one of the worst in the areas of Brockton, Mansfield, Taunton, Randolph Massachusetts. This evil greedy company increases your rent yearly, a one bed starts at 1,600, but it doesn’t stop there, they increase your rent the following year to 1,800 a 2 bedroom cost 2,800- This Is ridiculous when you don’t make enough not even having two three jobs.
Was unaware that Trammel Crow now also dabbles in residential real estate; only familiar with that company because of their commercial real estate.
*Thank You Stacey Abrams for this necessary and informative conversation*
⚠️ Neither Harris or tRUMP will do anything about making the cost of housing far less expensive for United States Citizens ‼️💯
Ist time here and I'm so impressed! Stacy's energy and intelligence are remarkable!
Real Talk... Thanks for being a voice for those who feel voiceless. The power is within the people. Very informative interview !!!
Affordable housing is possible for people who rent if they can buy instead. Buyers accumulate $ paid over interest, gain a nest egg, and care about the home more than if they rent. So much better if folks can buy instead of rent.
I wish more renters understood this. And, because the mortgage company doesn't want a vacant property they will defer payments for a full year in the event of a major life change. No landlord is going to do that.
This is why I moved to another country. I was a student who was struggling with housing myself and working several seasonal, part-time jobs. I had had 2 evictions on my credit, a bad credit score, and a lot of debt thanks to student loans. This was painted as a moral failure on my part because "somehow everyone else was able to do it". This shouldn't be this way. I want to move back, but housing is a huge concern. I'm now an urban planner with a housing specialty
great,great info,LOVE YOU STACY
Yup, getting eviction threats as we speak. Will be living in my car very soon. I wish the REASON why was discussed and who is responsible. We need radical change.
Thank you for all your work and your willingness to support others.
I voted for you Stacy in Georgia. Now I live in the DMV rent is also too damn high internationally. I’m am thinking about moving into a trailer at 72 years old
A few weeks ago the DOJ brought a lawsuit against a software company called RealPage. This company is a revenue enhancement AI software that most large real-estate companies purchased to help set rent pricing. The company gathered proprietary data from all of its customers and shared it with its other customers via an algorithm essentially creating a monopoly. There was no competition. Stacy, could you also do a follow up report on this? Thanks!
It's a price-fixing scheme, and RealPage isn't the only one. Some state AGs have brought a case against another company that does the same thing.
Thank you Stacey for bringing Maslow's theory to the forefront. Many don't understand this connection. ❤ BTW, you are absolutely BEAUTIFUL
Thank you for what you do. I love it all!!
Fabulously informative, deeply appreciated discussion. Many thanks...
I know of an area in Ohio that we need a renter Union in this could seriously help people out
Yeah, ohio is getting bad
In Japan housing is considered a commodity and not a retirement account. It gets old and out of date just like your clothes or shoes and the government makes more as needed. Shocking I know.
Wow! More like this please!!!
Thanks for this insight, I'd love to hear more on the topic of Disabilities and changes we'd like to see for that community.
Stacy Abrams HUD Secretary!
I have a meeting so I’ll be back to finish listening in. I was a too realestate broker who one day found myself homeless and renting was a nightmare. I have much to lend to this conversation.
Cars are a necessity as well. Repairs are difficult to maintain. Taking the public transpotation make transporting your packages cumbersom. Laundry care is expensive too. Homelessness should be illegal. Nobody should go with out housing period. You cannot manage your life without a home. You cant manage your health, from the foods you should eat to stay healthy to taking the meds you need and getting regular schedule of exercise. When homeless you lack access to a toilet and shower. You lack proper bed for adequate sleep. All this effects mental health and exaserbates any mental health issue you have in addition to sny physical health problem you have.
I don’t understand the overall outcome of what is expected if rent is so high that no one can afford it. People are not paid enough to afford a place to live and you’re arrested for living on the streets. Where are people supposed togo and what are they suppose to do? Things are getting worse and worse with Wall Street buying up residential properties.
Everyone helps people with children which I agree 💯💯 but what about the senior empty nesters everyone don't want to be packed into a senion living small dpace or a senior citizens tower. I want my own home. I had purchased my own home and was cheated out of it.
Great episode. Definitely looking into the organizer and their platforms.... re recommended resources at the end of program... Look into the writing of Evicted and how the ethics of the author's research practices were questioned as exploitative.
Learned this @ work interesting
Peace love and equality for all americans y'all ☮️💜🚺
Atlanta Cortland apartments price fixing software was raided but the others doing the same gouging were let go. Why?
Stacey, thanks for the information BUT we need to learn how to build emotionally connected communities that come together for meals, celebrations, hanging out, and even marriage connections.
ONLY THEN will the REAL PROBLEMS begin to seek solutions.
YOU’RE PUTTING THE CART BEFORE THE HORSE.
I see it all the time: all these great plans, booklets, contact numbers and information BUT it rarely develops into sustainable communities.
AND THAT’S WHAT WE NEED!
FIRST!
It may take years but that’s what we need.
Kum ba yah does not work with these banksters. Best believe that. Have you not noticed that it is also common citizens who are buying up places, flipping them and screwing people over as much as corps are now?
As a senior i live in a senior complex they go up 100 bucks every year/ now all i can do is pay rent, electric, and get [ayday loans
💙🔹️💙🔹️💙🔹️💙 VOTE 💙🔹️💙🔹️💙🔹️💙
🔹️💙🔹️💙🔹️ Harris🗳🗳Walz 🔹️💙🔹️💙🔹️
This is something happening all over Arizona. After 8 years of renting from the same landlord, they doubled our rent and we had to move.
So are the utility bliis and food...
This video should be watched by all Americans?
@31:55!!!! 😮
@StaceyAbrams - you're an incredibly eloquent speaker when speaking freely. Reading from the prompter at the start feels robotic and monotone...and made me want to keep scrolling!
Well, it is a monologue. Even Seth Meyers has Wally holding cue cards during his. Ms. Abrams is a busy woman, mostly spending a lot of time saving Democracy as we know it. Instead of expecting perfection from women, especially Black women, how about extending a little grace. Not everyone has time to memorize, and sometimes, when you do, it sounds canned. I listened while I was working, so I paid more attention to the messaging, rather than focusing on delivery. Perhaps, try it that way.
Move to the mid west. Jobs pay decent and housing is affordable. I'd suggest that you don't wait though. Housing prices are not coming down.
❤
I'm in Wisconsin I've been renting for all my adult life, the rent is absolutely too dang high...is there something in WI I can join? (I'm central ish, not in Madison or Milwaukee)
Why is rent continue rising?
Jill Stein 2024 🍀🍀
Keeping folks in property.....😢
❤❤❤❤
❤❤❤❤❤❤❤❤❤❤👋👋👋
🙌🏾
This system is a failure! If you're older and have an investment you don't want to bring the rent down... And if you're younger you have no opportunity to succeed. Omg let's talk about it
I love Miss Stacy but I live in Public Housing for the disabled and elderly. So my rent can be no more than 3O% of my Social Security check. So paying a third of your income in rent doesn't sound that high to me. Wouldn't a third of one's income be 33.3 percent? I always thought that paying 3O% of your income in rent was the ideal? When did it change? 💙
When the cost of other things went up so much poorer folks cannot use the same figures that always existed and have it be fair. Figures that may very well work for higher income folks don't work well for those lower on the cash ladder. Like flat rate taxes harm the poor more in a similar way. Right now when someone gets a social security increase they take a third to half of that increase out of any EBT bennies they may be getting. So wrong! So wealthier SS recipients do much better than the poor since they get the full COLA. Without subsidized housing it's even worse for the very poor when they try that old 30% figure.
@@YouMatter-UDo All I know is that I receive the smallest Social Security check that anyone in America receives. And thanks to Public Housing and Food Stamps I can afford to live on my 95O dollar Social Security check. But of course I am now retired and don't have to work. 💙
Glad you are able to do that. But that can be changed at any time with the wrong ones in congress and the white house. The whole system needs to be reformed. And soon. There are more elderly poor headed to the streets daily. Too many complete suicide because of the hardships. We must start caring about all people's situations if we can.
🎯🎯🎯🎯🎯
Tara is right with some of her points on housing but that mean we would need a Singaporean model, which mean privatized housing would basically not be what is in the Western World. This mean more government intervention and ownership by the government. I just don't see it happening.
Ok....what's wrong with that? lol. There should be regulations preventing corporations from buying housing.
@@bradenhazle4378 Nothing wrong with it but that’s a major shift from the privatized model that America has been built on. To say thats going to change anytime soon is laughable. We barely agree on childcare, raising corporate taxes, mass transit. I wouldn’t hold my breath for this one. Sorry to tell it like it is, but I don’t put hope in things where money rules the roast to change….
@@lebronsinclair8012 Citizens actually agree on all those things, elected officials act disproportionately. Thats a matter of voting in the right people. But this specific issue is a great start with expanding tenant unions which is separate from government but as they become more popular they will have a stronger influence on government.
@@bradenhazle4378 influence means nothing. For example big donors were the ones that made Biden step down not the disdain of the average American. I'm on your side but the same tactics just aren't effective as they were in the past.
@@lebronsinclair8012 Yes...influence means a lot. Unions have power. By the way Pelosi and other highly respected representatives pressed Biden to step down...because there was not strong support from the public. Big money does not like Biden or Harris lol.
Focus on building two parent households, and make a commitment to skill building and education so people are better prepared to afford the required needs and wants. Also, teach financial literacy in middle school. Why would anyone want to be a Tennant?
Well, if you are taking anything Jimmy said as useful and valid then this podcast is useless.
Like so many comments - this is hard to hear. BUT I think Blacks need to get over with keeping everything to themselves…and become a caring community. It’s interesting that I hear how many blacks bad-mouth each other.
Wow geez...go iron that hood baby!
Corporate Greed: Money Matters! Lives Do Not!!
Io mai posso provare mio bambini English education English criminal
Definitely a system failure
Every thing gets better with a thriving economy. Unlike the Obiden administration’s economy
America republican party political policy lie anche coando loro nasita loro cresuto lie Coesto loro good coltura
i wonder if renters who've lived in the same apartment after a set period of time should become a partial owner of the building. that would encourage people to not move. there would always be room for people to rent annually. i remember the days of moving every year, typical for 20somethings. but i think people who have lived more than 7 years in the same place have invested and helped pay the mortgage and taxes of the building, they have earned partial ownership of the building, or its equity. remember, landlords do NOT pay the mortgage or taxes, the renters do. but the renters get no benefit of the equity of the building. landlords basically manage the finances of the building. they put money in up front, but after they have renters, the rent is covering mortgage, taxes, maintenance and profit. also a co-op model could be workable as well.
I should add it would be a benefit for landlords because it would attract stable renters, people willing to stay put, so a dependable source of income. renters would be more invested to maintain and improve the building if they know they will get real money in the future.
big money is buying single family homes and turning them into rentals further decreasing individual home ownership.
Problematic come with shelf life. Limitations of speculated value shown to good children's now Problematic.
Elect Trump is you want stable low prices.
No he won't. He doesn't care about you. His son in law Jared Kushner and daughter Ivanka are slum lords. Look it up. And look up Project 2025.
Is you want?
@@kaylacharles3186 Try not to be monosyllabic to communicate
Lol, it is wild to me how the elected officials (usually blue) created this continuous crisis through so so many bad policies…
And yet want to come and say ‘yes this is a problem’.
The worst housing crisis happens in blue states/cities…I wonder why 🤔🤔
And a return to Jim Crow? No, thank you.
You’re the problem
My daughter makes $23 an hour, pays $1400 a month in rent\utilities for a 2 bedroom apartment. Kansas doesn't enforce child support rulings so she is screwed!!!
After YEARS of being on TH-cam this is the FIRST TIME YOUR CHANNEL HAS SHOWN UP!!!!!
SUBSCRIBED!!!
VOTE
💙💙💙💙🇺🇸🇺🇸🇺🇸🇺🇸🪷🏈✨