I watched this special after the news anchors reported Gov Newsom asked the Trump administration for more money for housing vouchers to fight homelessness. The irony is strong.
I don't even Kno why they set a income limit on affordable housing for, like that, I feel like anybody making 250,000 a year or less should be able to get affordable housing no matter what
If your making 250k and cant afford a house and mortgage or a nice apartment then you are insane. That's a huge salary. Anyone under 50k should get affordable housing
@@canineuniversity1015 50k is easy to get any two people working full time with above a min wage job can get housing hell no that's unfair to married couples with children , 250k a year for a family of 4 tops ,
People are homeless because they are either crazy or addicted to drugs. Go find a right minded normal person that's on the street and not because they are lazy either. You won't because normal people will figure something out.
@@SmackinBabies it's true! A ton of people who live in their car, in their trailer or van that r parked on the street in the bay area still hav money for drugs! Pot might be legal but it's expensive af! Yet people always hav money for that even if u only get a tiny bag for $20! I knw a guy in the bay area who legit chooses to live in his car to keep buying his dope and the other shit he experimented with but says "its to save up for vacation".
I beg to differ. I live in California and had a similar Situation like the one in the story only Except they bought the building and had plans on tearing it down and they started to raise the rent. Compared to what the rent was vs what they started to charge it became unaffordable. Even though I have a job, I didn’t have any family or friends to turn too and the best thing was to sleep in my car. Just because I sleep in my car doesn’t mean I’m shooting up drugs and that’s why I’m homeless etc. it’s much easier for other people to speak on something like homelessness until you’ve experienced. Some people might say oh well try a shelter. Tried that but they wanted to charge me xxx amount of money each month. Like wtf!!? But being that I’m not paying for rent, I’ve been working on a getting a work transfer Out of state to somewhere cheaper where I can be able to afford rent where I get back to a normal life style again. So please, unless you’ve been homeless or willing to take the time to get to know someone’s story don’t just assume they’re lazy and or drug addicts. Anyone can become homeless
@@free2rhyme29100 absolutely NOT every individual that experience homelessness is Mentally unstable/Drug addict!!! Thats part of the problem, people see everyone's situation the same and judge them for it. I hope you are able to transfer your current job to somewhere more affordable and get urself on your feet. Bless you for trying and NOT losing faith thatyou'll find a way;) - sorry used incorrect word:( hopefully its fixed now! I meant to agree & only wish you the best
In 2005 I lived in a 2bed1bad apartment in Sunnyvale CA for $900, today 2019 the same apartment is $3,100. No renovations at all, the exact same apartment.
@@esmeraldarodriguez5778 lol, raising mimum wage would actually make the prices to eventually drop. america now has one man who has over 130 billion dollar and has many billionaires than ever, everyone now wants to be a billionaire and been a millionaire is old news so they are raising prices, in a country more equal( higher minimum wages) prices don't go up because there is no competition.
kobra I lived in the Bay Area and I saw everything around me go up as soon as the minimum wage went up what are you taking about. You think companies are going to keep the same prices and pay employees more? And you think landlords will keep rent low if they know people are getting paid more?
@@canineuniversity1015 No, it's because the politicians don't really have the will to do so and "developers" are precisely the wrong people to recruit as allies in any non-profit endeavor. They will always cheat to turn a profit. It's the nature of the beast, so sincerely politicians need to find a different way around it. But they lack the will to do so!
Here’s the problem with that thinking, even if you make the apartments without the extra bells and whistles they can still charge at or above market value in the Bay Area. And the demand will keep the rents increasing year after year.
No The American Dream is to have WAY more than you need. And to achieve that, alot of other people will need to have not enough For example, the only reason your cell phone only cost $500-$1000 is because it's made in a country where the worker get paid nothing. In order for some to have excess, even more must have not enough
Building regulations, permits, and construction costs in California basically make it mandatory that only luxury apts are built. The higher rents are the only way to pay it all off. Same as how they only build luxury homes because it costs $100k+ alone just for pernits!
When u factor in the salaries of the project managers assistants ect ect it makes perfect sense. You can't fix poverty by paying rich people to make government programs
Sudhir Kakar what??? That sounds crazy I say we give them even more money for unemployment , disabilities and everything I live in Detroit so I see how no one abuses it and it makes everyone much more ambitious 🤣
Because people kept voting in these laws that over taxes property owners and restrictions on private properties which ended up artificially increasing the housing markets. The only people are benefiting from this is the government and the corporate firms they have contracts with using tax payers money. Properties taxes is linked to the housing market and rental market. Any home owners knows how the government constantly taxes property taxes for government services. Affordable housing act is also a government services. All these people who rent already has cheap rent to begin with but once they voted in “affordable housing” they actually voted in a law that increases the housing market. The rent increases they can’t afford is still below market price which applied as affordable housing. But they don’t know that. They assumed their old rent will just get lowered. Also all these other laws like rent control only makes it harder for small private landlords to be landlords which they ended up selling to corporate development firms. Also because of the increases in housing markets less and less people are able to own properties.
"Since 1980, incomes in expensive areas like DC, Boston, and SF have risen rapidly, but rents have increased roughly twice as fast. In Houston, Detroit, and Indianapolis, incomes have actually fallen in real terms, while rents have risen by ~15-25%. The only urban areas where incomes kept pace with rising rents were Austin, Las Vegas, and Phoenix".
"we can do better" isn't that what the most CEO's say after they are caught doing something wrong? he doesn't care, he just wants to make money off the properties he bought using public funds.
Well this is what the local government wanted anyway. People voted in the “affordable housing” and the government gave the money to these housing development that buys out all the small landlords and property owners and artificial made it harder for private home ownership since people also voted in laws on against private property owners. At the end when the people own less properties you guys ended up with less rights. Forcing the average citizen to be codependent on the government and vote in more laws that restrict your freedom. You think the government didn’t know what they were doing. Welcome to a taste socialism where the government controls everything.
The government caring about people is just an oxymoron. If you want help from the government then plan on being in a fight for the long haul and when I say long haul I mean 20 to 40 years sometimes. I spoke with a military veteran already who told me it took 40 years to finally win his case. So, like I said, government help is an oxymoron.
“If you made too much money, they were suppose to offer you relocation”..wtf?!!! Everyone is just trying to survive no matter the income!!! I’m barley surviving, living paycheck to paycheck, but apparently the government says I make “too much.” I don’t qualify for any kind of help...it’s a struggle. This shit is so messed up!!! I’m not poor enough nor rich enough...sucks for me and many people.
It's all apart of their plan you see, you are considered the middle class which they hate. Your class is a bridge if you will to the higher classes. A bridge from middle to high. So that's why they make policies that sound good but it's meant to destroy the middle class. They want very poor and very rich. No bridge between those two classes. Simple. They cannot stand people like yourself who are in the middle because of they left you alone, you would have the ability to save ALOT of money and one day get to the higher class.
I tried to reapply for Medicaid, but this time they said i “make to much.” To qualify for fucking HEALTH INSURANCE. The same health insurance I’ve had for years...but now i “make to much.” I work a min wage job right now, that doesn’t offer health insurance (they tried after someone from a insurance agency came out, but someone in their department didn’t submit paper work in time.😡 That paperwork was our insurance forms they had us sign. Which is exactly what i was told.)So now i don’t have any kind of insurance smh
$2000/mo rent with a $49K/yr income ceiling?? .. one must lie to the IRS in order to live there? LOL, nobody can afford to spend more than 1/2 their gross income on rent.
Affordable housing is a joke. Some will pay less than $2k via government rent subsidy (part of LIHTC program), but most affordable housing wants you to pay 30% of your gross, which can be 40-50% of your tax home pay. System is designed to keep you poor.
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. That's why they said they had to do it so they can become "affordable." The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents.
@@pdkpropertyexperts OK, that makes sense!! .. another government program with good intentions that results in harm and corruption. The appropriate solution would be the obvious: people should live where housing is affordable to them... like the majority of people in this country. $49K per year, in most of the USA, is enough to live very good housing .. if someone has that earnings power, MOVE!!!!!! to an affordable area.
This was NO miscommunication, that's what the company intended all along. They're only saying that now because they look bad and don't want to lose their subsidies. "Developers" are doing the same thing in Seattle to drop the Section 8 tenants. If it's a misunderstanding we have an awful lot of really "stupid" developers who ALL seem to "miscommunicate" and take advantage of the laws.
Take advantage of the law ..take the money .. this is constantly not happening and they say the same thing ALL THE TIME... trust that the gov knows what is going on... Or they build buildings with separate entrance ... Yep..
Developers are all money launderers, like the president. when Trump put Ben Carson in charge of HUD it was a greenlight to steal everything not tied down and launder it through real estate. You probably know the name Gotti, he ran the Gambini Crime family that controlled development in most of NYC. When Giuliani locked them up his friends, people like Trump and Charles Kushner, Jared's dad took over all their development scams.
Except people who have the money (and can hide their real income) will be happy the old "trash" is gone so they can enjoy rents lower than what they're accustomed to paying.
He cant afford to live there because you cant make over a certain limit. Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. Techinically they would be in violation of the law and lose their subsidies if they charged him under $2000 because the government wont pay because he makes to much in their eyes. Its the California laws put in place that need to be stripped. The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents.
If you are under a certain income the tax payer picks up a bunch of the rent.. voila.. this is taxpayers (middle class) being forced to fund their own eviction to help the poor.
Affordable is a very subjective term that the rich investors like to toss around. It's affordable to them but not those who fall below the poverty rate.
The Broke Mountain Biker The housing prices make it so that “poverty” level is now under $70,000 per year in these richer cities. That means around half the people in the city are living in poverty which is sad.
@Sudhir Kakar You don't realize how ignorant you sound. These people have been living there for a while. They shouldn't be forced out of their homes and neighborhoods that they are connected to just because of this just because of the area becoming more expensive.
@Sudhir Kakar It may not be their house, but a home is a different story. Having lived in an area for a while, your friends, family, and whole life is there, so it's pretty wicked to take that away from people. My dad owns some properties that he rents out to people and some have even inherited the rental contracts from their parents, so they living in our apartments virtually for free. We only file court cases against the people who are clearly using my father's kindness (like they already own another apartment but rent that one out and stay in ours), otherwise if they really cant afford something else, they can stay. Even if my family lives pretty frugally and we can do so much better lifestyle wise if we raised the rent, our lives are more fullfilling knowing that we can help people not become homeless.
That’s an ignorant statement, many people are forced to work in cities they can’t afford because that’s where their job sends them. They may not have the means to leave their job so they have no choice. The real problem is investors hiking up the rent prices in popular areas because they’re greedy pigs.
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. That's why they said they had to do it so they can become "affordable." The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents.
this is like youtubes policy where if you're content is kid friendly you wont get money for it, and if its content for older ages you dont get paid either
@@theprocrastinator6813 and yet every video I watch has ads attached. TH-cam must be pocketing all the money and using it to enrich themselves, making the SF Bay Area, where their headquarters is, more unaffordable.
In 1987 my parents bought their 1st home for around $59,000+ 3 bed 2 bath on 2 acres of land. That same house just sold for $297,000 and that was considered a steal! Our money is worthless!!!!!!!! Start learning how to to survive like a pioneer, it's gonna be worse than the depression this time!!!!!!!
In 5 years I think rent will go up $1000 more. Here in Colorado minimum wage is soon going to be $15. Although its exciting news, I'm assuming the cost of living will go up aswell :/
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. They also said that they are locked in for 55years. Which means property tax wont go up and it will always have a 100% occupancy. So these guys basically just locked into a multi billion dollar deal that is paid by tax payers. Smart on their move, discusting that politicians allow these programs.
Running yep that's what I treat california as just a place to visit, the residents in California need to realize that living in California is not everything. It's much more enjoyable to keep more of the money you make rather than throw it to rent.
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. That's why they said they had to do it so they can become "affordable." The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents. Rents keep going higher because of things like wage increase and affordable housing subsidies.
I feel badly for those displaced but the reality has been for the last 20 years in CalIfornia is that if you don't own home and rent, your rent will always will go up. Best to move out of the state to a more affordable place if you are in this situation.
jf Have you seen how much the cost of utilities and property tax have increased in that time? Not to mention increases everywhere else, too, like food, gasoline, sales tax....Even homeowners are getting the squeeze. Nothing is going to change in a state that imports a disproportionate share of the almost one million new immigrants every year. The rest of the country won't be far behind. When demand goes up faster than supply, things get very pricey.
Annie - I don't live in Cali, beautiful place but would never live their due to their poor leadership that got them into this situation. Of course taxes are high there, homeowners are literally paying to support a huge underclass of people that don't work / homeless, probably the largest illegal immigrant population in the U.S., and massively complex "regulation". Same with utilities and other local costs. You are paying for those that can't or won't.
They move out of state to places like Utah, Idaho, or Arizona which then creates a squeeze in those crowded markets and pushes people out of there. Because of the huge influx of people from California in Utah, rent has become too expensive for most there. It's not just one state's problem, it's Nationwide.
I have been homeless for 4.5 years so tired of this situation! I’m on social security income and I will never get a home! So I have to either burden someone or live in my 23 year old truck with no air conditioning! And this is a problem every where! I ask how are we supposed to live?😭
I just drove from California to New York after Colorado you can see lots of empty homes with land. One Zillow and use filter with price tag under $25k , you will be surprised! .
I'm in a red state that prides itself on less government control. We have apartments sprouting up that no one can rent from because no can afford them.
Because instead of fixing anything they just raise the minimum wage even though it only benefits the rich. Then they put out huge media campaigns to convince the citizens to demand wage increases and affordable housing. And it keeps going on until the people wakeup.
I like how the politicians that approved of this “didn’t know” this would happen. All they knew about were the kick backs and pay days they were getting.
Ernesto Rizo exactly. The Democrats who run this state need to make the zoning laws less strict so that more housing can be built. If there is an increase in supply then the price will go down.
"$900 for one bedroom" "$1200 for two bedroom" Half of the occupants should be HALF OF THE PRICE. $900 is insane for one person unless you ensure that every single job in the area is paying every worker a minimum of $900 a week so no one is wasting more than 25% of their monthly income on rent. $900 is unrealistic for one person housing. If it's $1200 for two bedrooms then it should be $600 for one bedroom, there is no reason to force single people who want to be on their own to pay a disproportionately higher price. No wonder more and more people are forced to get "roommates" in the normalized trend of having strangers in their personal living space.
They are doing this EVERYWHERE, my complex told me the same shit, I am working on a lawsuit to sue, government and property owners because of the illegal procedures they are getting away with.
Randy Marsh The units are for low income tenants. Where“affordable housing” are derived from. You should be asking “if the project was meant to provide a more affordable housing why raise the rent”.
@Randy: The government gives subsidies to the landlords if they rent to poor people. The income cap for renters is 50% of the area's median income. If the median income for the area is $50k, then renters must make less than $25k yearly. If you allow a renter whose income exceeds the cap, then the landlord losses subsidies for all the units.
Me and my husband know this too well. We make too much for decent priced affordable housing so we are forced to pay crazy market rates $1200 a month for a 1 bedroom less than 700 sq feet in Dallas,TX plus extra for utilities. We just moved and bought a home at outskirts of the city in Forney Texas. If Im paying over $1k in rent Id rather buy a whole damn house.... at least I don’t have fight for a parking spot.
Lol! "Affordable Housing" is sometimes even more expensive and take months to get into. The only way to get affordable housing is to move out of state.
I was a part of this problem a few months ago. Same company bought my apartment complex so my family was forced to move out. $800 to $1800 in one month is not “affordable”. Oh yeah, 1 bedroom too.
If you want to end homelessness in the whole East Bay, use the old Alameda Naval Air Station in the City of Alameda California as low income section 8 housing. Problem solved thank me later.
This is why we need to just let the free market decide rents and not have government involvement. Big government causes more issues then solve. We the people can guide ourselves
So in order to afford the increase for one bedroom, these people Need raises of $7500 (after tax $4800) for one bedroom and $15,000 (10,800 after tax)for the 2 bedroom. The state needs to do more to control these scamming landlords/corporations.
1st step: Take out the billionaires who are carelessly forcing the misery of others (i.e. Jeff Bezos who makes like a million a day while starving his Amazon employees to death and are only making pennies) 2nd step: The amount of money/wealth one can acquire should be capsized to a certain amount. This is one aspect of socialism that I agree with.
When I was In LA Culver city in 2015, a shitty and crappy 2 bed room apartment cost $1800 a month with one parking spot. I don't know how much it costs now. May be, $3000.
How the hell do you make 40,000 a year and be expected to pay 2100 a month in rent? That means half your income is on rent alone. That doesn't leave much room for basic life need. ( Utilities, food, house hold items, car, insurance, healthcare, gas, ECT.) The worst part is these people are probably working over 40 hours a week to get that 40,000 in the first place. There is nothing affordable about this situation.
They did the same thing in pittsburg Marina green apts which boarder my water front home community. I had a working friend living there when he was evicted. Now its all low income ie no jobs. Which has destroyed my community. Thanks gov keep up the good work
It's a given. Why would you spend all that money, just to use it for affordable housing?? It literally makes no sense. They're just going to convert the properties to make the most money possible.
@@donnajoseph-barford1076 The same in Florida . Builders are running out of Cheap Land . So their putting as many Homes on an acre as possible . And charging a total fortune with no end in sight . As Rates go down , Home Prices rise . It's never ending . I really don't know where people are getting all of this money ? Not everyone works for the Government .
They were paying $900 per month for a one bedroom apartment? The cost of living must be really high in that city. In my area you can get a nice two bedroom apartment for $900.
Trying to keep people in a house and help prevent homeless people, but instead. We're make more problem for the future. At some point, that building was Iddle too. "50 years", did you see who and what lived their? Well, it said a lot to me. God bless us all
They always want the property owners to make less money for affordable rent but is the city willing to take less money for the property taxes to help these homes be more affordable?
If you make 40,000/yr. 25% of that is $10,000/yr or $833.33/mo. That should be the maximum rent in a complex that restricts your income to qualify. These people are stealing our tax dollars and making it impossible for us to find homes
I experience the samething(while in college). The company that took over didn't increase rent an extra $50-75 but hundreds from $600 (1/1)to $900 plus. No upgrades, people hanging in front of your door & etcetera the area is the hood the majority are on SEC 8(late paying their portion)(& am paying full amount in college full time never late, stay to self). In My case the owners increase rent to the max of what Sec 8 will pay for that area. Unfortunately People being pushed out of places they can pay the rent/ while working on goals is happening all over especially in big cities.
Instead of this, someone who is rich/ owns apartments, etc should use the houses for the homeless. The money that pays for these houses come from donations, etc. Maybe even these type of places should have work options, coupons, tips on budgeting, etc. And if someone could get these areas sponsored, allow people to work there to help for pay, etc that would be great.
In 2008-2010 I lived in an apt in SC that was 2bd 2ba for $550/mo . They were bought out and turned into so-called "luxury" apts without any real demolition. They now rent for $1125/mo. Due to upgraded kitchen and appliances and upgraded flooring.
This is a damn shame! These people should be ashamed of themselves! I am a renter on the east coast and have a rental company that is a national corporation. My husband is military and I am disabled. We were two days late with the rent when they filed for eviction and added $1800 in fees to our rent. While my husband was deployed over the last year, my plumbing backed up into my house and they didn’t do a thing. How these people get away with this stuff baffles me! My heart is breaking for the people in this video! I hope things work out for them. While I’m not from that area, my husband is from California and I appreciate y’all bringing stuff like this to light.
Using public money to create homelessness. Wow!
I watched this special after the news anchors reported Gov Newsom asked the Trump administration for more money for housing vouchers to fight homelessness. The irony is strong.
I don't even Kno why they set a income limit on affordable housing for, like that, I feel like anybody making 250,000 a year or less should be able to get affordable housing no matter what
If your making 250k and cant afford a house and mortgage or a nice apartment then you are insane. That's a huge salary. Anyone under 50k should get affordable housing
@@canineuniversity1015 you can probably afford it by why not let people have more disposable income ? So the economy does better
@@canineuniversity1015 50k is easy to get any two people working full time with above a min wage job can get housing hell no that's unfair to married couples with children , 250k a year for a family of 4 tops ,
That explains why a lot ppl in California are homeless 🤔
Far from the answer lol
People are homeless because they are either crazy or addicted to drugs. Go find a right minded normal person that's on the street and not because they are lazy either. You won't because normal people will figure something out.
@@SmackinBabies it's true! A ton of people who live in their car, in their trailer or van that r parked on the street in the bay area still hav money for drugs! Pot might be legal but it's expensive af! Yet people always hav money for that even if u only get a tiny bag for $20! I knw a guy in the bay area who legit chooses to live in his car to keep buying his dope and the other shit he experimented with but says "its to save up for vacation".
I beg to differ. I live in California and had a similar Situation like the one in the story only Except they bought the building and had plans on tearing it down and they started to raise the rent. Compared to what the rent was vs what they started to charge it became unaffordable. Even though I have a job, I didn’t have any family or friends to turn too and the best thing was to sleep in my car. Just because I sleep in my car doesn’t mean I’m shooting up drugs and that’s why I’m homeless etc. it’s much easier for other people to speak on something like homelessness until you’ve experienced. Some people might say oh well try a shelter. Tried that but they wanted to charge me xxx amount of money each month. Like wtf!!? But being that I’m not paying for rent, I’ve been working on a getting a work transfer
Out of state to somewhere cheaper where I can be able to afford rent where I get back to a normal life style again. So please, unless you’ve been homeless or willing to take the time to get to know someone’s story don’t just assume they’re lazy and or drug addicts. Anyone can become homeless
@@free2rhyme29100 absolutely NOT every individual that experience homelessness is Mentally unstable/Drug addict!!! Thats part of the problem, people see everyone's situation the same and judge them for it. I hope you are able to transfer your current job to somewhere more affordable and get urself on your feet. Bless you for trying and NOT losing faith thatyou'll find a way;)
- sorry used incorrect word:( hopefully its fixed now! I meant to agree & only wish you the best
In 2005 I lived in a 2bed1bad apartment in Sunnyvale CA for $900, today 2019 the same apartment is $3,100. No renovations at all, the exact same apartment.
Blame all the people that kept asking for a minimum wage raise and all those mother fuckers coming from outside Ca to work here not enough housing
Alex S same here Seattle and smaller towns in Washington and the homeless crisis is getting way out of hand
@@esmeraldarodriguez5778 lol, raising mimum wage would actually make the prices to eventually drop. america now has one man who has over 130 billion dollar and has many billionaires than ever, everyone now wants to be a billionaire and been a millionaire is old news so they are raising prices, in a country more equal( higher minimum wages) prices don't go up because there is no competition.
kobra I lived in the Bay Area and I saw everything around me go up as soon as the minimum wage went up what are you taking about. You think companies are going to keep the same prices and pay employees more? And you think landlords will keep rent low if they know people are getting paid more?
Mr. Sir yes it is I heard most housing is owned by and rubbed by people in china🤷🏻♀️
Its California people, the term "Affordable Housing" no longer exists here
Its cause of all the rules and regulations California has.
@@canineuniversity1015 No, it's because the politicians don't really have the will to do so and "developers" are precisely the wrong people to recruit as allies in any non-profit endeavor. They will always cheat to turn a profit. It's the nature of the beast, so sincerely politicians need to find a different way around it. But they lack the will to do so!
I pay 800 for a nice size one bedroom in Stockton decent neighborhood
Lol you people know California is huge and only really the Bay Area and the populated coast is expensive. So it’s not the whole state.
@@expatveteran7815 exactly.... people act like they cant commute 2hrs. Tough shit.... leave the state or drive a longer distance to work.
Make housing for the middle class. Not “luxury apartments “
No money or tax base, not happening ever.
Here’s the problem with that thinking, even if you make the apartments without the extra bells and whistles they can still charge at or above market value in the Bay Area. And the demand will keep the rents increasing year after year.
@Alana Weaver the American dream is that a person should have a place to live.
No The American Dream is to have WAY more than you need. And to achieve that, alot of other people will need to have not enough
For example, the only reason your cell phone only cost $500-$1000 is because it's made in a country where the worker get paid nothing. In order for some to have excess, even more must have not enough
Building regulations, permits, and construction costs in California basically make it mandatory that only luxury apts are built. The higher rents are the only way to pay it all off. Same as how they only build luxury homes because it costs $100k+ alone just for pernits!
Taxpayers are paying extra money/taxes to make these apartments more expensive. Does not sound right.
When u factor in the salaries of the project managers assistants ect ect it makes perfect sense. You can't fix poverty by paying rich people to make government programs
Sudhir Kakar what??? That sounds crazy I say we give them even more money for unemployment , disabilities and everything
I live in Detroit so I see how no one abuses it and it makes everyone much more ambitious 🤣
Because people kept voting in these laws that over taxes property owners and restrictions on private properties which ended up artificially increasing the housing markets. The only people are benefiting from this is the government and the corporate firms they have contracts with using tax payers money.
Properties taxes is linked to the housing market and rental market. Any home owners knows how the government constantly taxes property taxes for government services. Affordable housing act is also a government services. All these people who rent already has cheap rent to begin with but once they voted in “affordable housing” they actually voted in a law that increases the housing market. The rent increases they can’t afford is still below market price which applied as affordable housing. But they don’t know that. They assumed their old rent will just get lowered. Also all these other laws like rent control only makes it harder for small private landlords to be landlords which they ended up selling to corporate development firms. Also because of the increases in housing markets less and less people are able to own properties.
It's only right & convenient for their greedy asses.
"Since 1980, incomes in expensive areas like DC, Boston, and SF have risen rapidly, but rents have increased roughly twice as fast. In Houston, Detroit, and Indianapolis, incomes have actually fallen in real terms, while rents have risen by ~15-25%. The only urban areas where incomes kept pace with rising rents were Austin, Las Vegas, and Phoenix".
"we can do better"
isn't that what the most CEO's say after they are caught doing something wrong?
he doesn't care, he just wants to make money off the properties he bought using public funds.
@Sudhir Kakar that's fine, but dont use public funds to do so.
Read that girls last name of KaKa...pretty much did her in eh?
Well this is what the local government wanted anyway. People voted in the “affordable housing” and the government gave the money to these housing development that buys out all the small landlords and property owners and artificial made it harder for private home ownership since people also voted in laws on against private property owners. At the end when the people own less properties you guys ended up with less rights. Forcing the average citizen to be codependent on the government and vote in more laws that restrict your freedom. You think the government didn’t know what they were doing. Welcome to a taste socialism where the government controls everything.
He doesn't care b/c the government, his buddies, won't hold him accountable. He's lying to preserve public image. But he and his family are safe.
Government letting things like this happen is a joke
the wrong word they're not allowing anything. They are causing it! Partners in it!
Its the people voted in by the people in the state
Government INCENTIVIZED this deal.
The government caring about people is just an oxymoron. If you want help from the government then plan on being in a fight for the long haul and when I say long haul I mean 20 to 40 years sometimes. I spoke with a military veteran already who told me it took 40 years to finally win his case. So, like I said, government help is an oxymoron.
@@happycows So what you're saying is that if we were to become socialists, we would be more royally f'd than we currently are?
“If you made too much money, they were suppose to offer you relocation”..wtf?!!! Everyone is just trying to survive no matter the income!!! I’m barley surviving, living paycheck to paycheck, but apparently the government says I make “too much.” I don’t qualify for any kind of help...it’s a struggle. This shit is so messed up!!! I’m not poor enough nor rich enough...sucks for me and many people.
Chesadie And they just don't understand what happened to the middle class...
It's all apart of their plan you see, you are considered the middle class which they hate. Your class is a bridge if you will to the higher classes. A bridge from middle to high. So that's why they make policies that sound good but it's meant to destroy the middle class. They want very poor and very rich. No bridge between those two classes. Simple. They cannot stand people like yourself who are in the middle because of they left you alone, you would have the ability to save ALOT of money and one day get to the higher class.
stop voting left then
I feel ya.
It's NOT easy.
That's why i only have 1 child
I tried to reapply for Medicaid, but this time they said i “make to much.” To qualify for fucking HEALTH INSURANCE. The same health insurance I’ve had for years...but now i “make to much.” I work a min wage job right now, that doesn’t offer health insurance (they tried after someone from a insurance agency came out, but someone in their department didn’t submit paper work in time.😡 That paperwork was our insurance forms they had us sign. Which is exactly what i was told.)So now i don’t have any kind of insurance smh
$2000/mo rent with a $49K/yr income ceiling?? .. one must lie to the IRS in order to live there? LOL, nobody can afford to spend more than 1/2 their gross income on rent.
Affordable housing is a joke. Some will pay less than $2k via government rent subsidy (part of LIHTC program), but most affordable housing wants you to pay 30% of your gross, which can be 40-50% of your tax home pay. System is designed to keep you poor.
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. That's why they said they had to do it so they can become "affordable." The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents.
@@pdkpropertyexperts OK, that makes sense!! .. another government program with good intentions that results in harm and corruption. The appropriate solution would be the obvious: people should live where housing is affordable to them... like the majority of people in this country. $49K per year, in most of the USA, is enough to live very good housing .. if someone has that earnings power, MOVE!!!!!! to an affordable area.
@@pdkpropertyexperts Sounds like the Obama care solution to affordable housing . It is NOT affordable !
They don’t want you keeping your money. Indentured slavery.
This was NO miscommunication, that's what the company intended all along. They're only saying that now because they look bad and don't want to lose their subsidies. "Developers" are doing the same thing in Seattle to drop the Section 8 tenants. If it's a misunderstanding we have an awful lot of really "stupid" developers who ALL seem to "miscommunicate" and take advantage of the laws.
Literally. It's so bad.
Take advantage of the law ..take the money .. this is constantly not happening and they say the same thing ALL THE TIME... trust that the gov knows what is going on...
Or they build buildings with separate entrance ... Yep..
Developers are all money launderers, like the president. when Trump put Ben Carson in charge of HUD it was a greenlight to steal everything not tied down and launder it through real estate. You probably know the name Gotti, he ran the Gambini Crime family that controlled development in most of NYC. When Giuliani locked them up his friends, people like Trump and Charles Kushner, Jared's dad took over all their development scams.
@Green Giant oh shut up you stupid troll.
@@sj.2156 Government and affordable, are 2 words that dont belong together.
If your CEO has to apologize. You’re royally PLUCKED
So what? Apologies are meangingless. Those people had to move and their way of life was disrupted.
Phucked
he did it with a huge smile
This is why California has 50% of Americas Homeless
but is it the reason we have over 25% of welfare cases in california? I live here trust me... the issue runs deeper than housing
@@NAT-turners-Revenge moving to Texas or Oklahoma. Houses are cheap.
Peter Hoang that’s what happens because California is a zoo freak show
Also because other states ship their homeless population to California, also Hawaii.
Peter Hoang naaaaaa come here in oahu much more bruhh taxes too high expensive apartments low salary.. so u must need 2 jobs..
This is sickening so just make everybody homeless. This is crazy.
That's what their sorry greedy asses want.
Except people who have the money (and can hide their real income) will be happy the old "trash" is gone so they can enjoy rents lower than what they're accustomed to paying.
900 that's still overpriced for one bedroom apartment
Yep, we used to pay 1300 for 4 bed, 2 bath. When we moved the price went up to 3000🤦♂️ @Charlottesville VA
In certain parts of California even earning 6 figures a year is still considered low income.
Dude you make 8 dollars an hour in California if you have no kids or wife is considered a lot of money even is Impossible to live on your own
Carlos Oliva you can't make 8 dollars an hour anywhere in the country and expect to live on your own and make it.
@Tom Meyers lol......... : 3
3:04 Damn making $21 an hour and still cant afford to live on your own? wtf?
WiseSilverWolf right that's crazy
He cant afford to live there because you cant make over a certain limit.
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. Techinically they would be in violation of the law and lose their subsidies if they charged him under $2000 because the government wont pay because he makes to much in their eyes. Its the California laws put in place that need to be stripped. The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents.
@@pdkpropertyexperts 21. hr is 42 k a year, he can't afford to move.
WiseSilverWolf that’s why my family and I are leaving to Nevada after my transplant
Cops, EMTs, Corrections, have to commute 60-90min each way to the municipal areas they work in. CA is a serious mess.
I’m confused, how does raising the rent make it affordable?
Affordable for tha rich
If you are under a certain income the tax payer picks up a bunch of the rent.. voila.. this is taxpayers (middle class) being forced to fund their own eviction to help the poor.
Affordable is a very subjective term that the rich investors like to toss around. It's affordable to them but not those who fall below the poverty rate.
Yep
The Broke Mountain Biker The housing prices make it so that “poverty” level is now under $70,000 per year in these richer cities. That means around half the people in the city are living in poverty which is sad.
@Sudhir Kakar You don't realize how ignorant you sound. These people have been living there for a while. They shouldn't be forced out of their homes and neighborhoods that they are connected to just because of this just because of the area becoming more expensive.
@Sudhir Kakar It may not be their house, but a home is a different story. Having lived in an area for a while, your friends, family, and whole life is there, so it's pretty wicked to take that away from people. My dad owns some properties that he rents out to people and some have even inherited the rental contracts from their parents, so they living in our apartments virtually for free. We only file court cases against the people who are clearly using my father's kindness (like they already own another apartment but rent that one out and stay in ours), otherwise if they really cant afford something else, they can stay. Even if my family lives pretty frugally and we can do so much better lifestyle wise if we raised the rent, our lives are more fullfilling knowing that we can help people not become homeless.
That’s an ignorant statement, many people are forced to work in cities they can’t afford because that’s where their job sends them. They may not have the means to leave their job so they have no choice. The real problem is investors hiking up the rent prices in popular areas because they’re greedy pigs.
It seems like they used “miscommunication” as an excuse, because they plan on doing something else with this property.
THE HYPOCRISY
We want to help those in need so
We're going to have housing for lower income people, and charge them MORE for it!??!
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. That's why they said they had to do it so they can become "affordable." The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents.
this is like youtubes policy where if you're content is kid friendly you wont get money for it, and if its content for older ages you dont get paid either
NatureDad thank you for the clear explanation. I was very confused about affordable housing.
Yeah that's crazy AF
@@theprocrastinator6813 and yet every video I watch has ads attached. TH-cam must be pocketing all the money and using it to enrich themselves, making the SF Bay Area, where their headquarters is, more unaffordable.
"after it becomes affordable"? seems like they already had that chief.
In 1987 my parents bought their 1st home for around $59,000+ 3 bed 2 bath on 2 acres of land.
That same house just sold for $297,000 and that was considered a steal!
Our money is worthless!!!!!!!!
Start learning how to to survive like a pioneer, it's gonna be worse than the depression this time!!!!!!!
I wonder how high the rents will go 5 years from now.
I think it will stabilize in 3 yrs
$10,567 in 2022
In 5 years I think rent will go up $1000 more. Here in Colorado minimum wage is soon going to be $15. Although its exciting news, I'm assuming the cost of living will go up aswell :/
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. They also said that they are locked in for 55years. Which means property tax wont go up and it will always have a 100% occupancy. So these guys basically just locked into a multi billion dollar deal that is paid by tax payers. Smart on their move, discusting that politicians allow these programs.
Green Giant Yes that will happen and prices will go up for everything.
At this point! California needs to be a place just for vacation.
Running yep that's what I treat california as just a place to visit, the residents in California need to realize that living in California is not everything. It's much more enjoyable to keep more of the money you make rather than throw it to rent.
Most of the 'affordable housing' projects being worked on now probably should of started 30-40 years ago.
Greg Nulik Wasn’t housing affordable back then?
So true, especially senior housing, and even COOPs.
Pull their government subsidies then re-assess their property taxes through the roof, let them either cut their losses or bleed out.
I hope this changes how you vote next time!
Not gonna happen in Cali.
It won’t. They’ll just ask for MORE “affordable housing” govt interference.
Honey trump didnt buy these apartment complexes!!!
@@sourdeezlemaryjane9162 He's talking about for California offices, not the presidency.
@Just Smile YAWN
Raise fixed incomes to afford the unaffordable HOUSING thats why theres so many homeless people in Calif rent is too high and income is too low
Affordable housing is where they charge the low income individual $900 and the government will pay the other $1100 to equal the $2000 rent. They jacked up rents to those prices so that they can be compliant with the "affordable housing" laws so they can get that money. That's why they said they had to do it so they can become "affordable." The biggest joke is that tax payers pay that and it only makes the rich richer. Affordable housing is the biggest scam and only jacks up rents.
Rents keep going higher because of things like wage increase and affordable housing subsidies.
I feel badly for those displaced but the reality has been for the last 20 years in CalIfornia is that if you don't own home and rent, your rent will always will go up. Best to move out of the state to a more affordable place if you are in this situation.
jf
Go to Texas or Arizona and BUY a NICE house. 👍🏼👍🏼👍🏼
jf Have you seen how much the cost of utilities and property tax have increased in that time? Not to mention increases everywhere else, too, like food, gasoline, sales tax....Even homeowners are getting the squeeze.
Nothing is going to change in a state that imports a disproportionate share of the almost one million new immigrants every year. The rest of the country won't be far behind. When demand goes up faster than supply, things get very pricey.
Annie
The go to the moon or Pluto. I hear there aren’t any issues there yet. No traffic either.
Annie - I don't live in Cali, beautiful place but would never live their due to their poor leadership that got them into this situation. Of course taxes are high there, homeowners are literally paying to support a huge underclass of people that don't work / homeless, probably the largest illegal immigrant population in the U.S., and massively complex "regulation". Same with utilities and other local costs. You are paying for those that can't or won't.
They move out of state to places like Utah, Idaho, or Arizona which then creates a squeeze in those crowded markets and pushes people out of there. Because of the huge influx of people from California in Utah, rent has become too expensive for most there. It's not just one state's problem, it's Nationwide.
ATTACKING MIDDLE CLASS INCOMES ... raise the rents and the government pays the difference but you only live there if you are "poor" (lowest incomes).
Correct, just another brilliant plan created by the welfare state to destroy the middle class.
1200 to over 2 grand????
I have been homeless for 4.5 years so tired of this situation! I’m on social security income and I will never get a home! So I have to either burden someone or live in my 23 year old truck with no air conditioning! And this is a problem every where! I ask how are we supposed to live?😭
Bree Dietz wow sorry for your situation! Hope you get help soon !!!
Move to somewhere you can afford
@@annle5521 She's on Social Security; she probably can't afford an apartment anywhere!
I just drove from California to New York after Colorado you can see lots of empty homes with land. One Zillow and use filter with price tag under $25k , you will be surprised! .
@Just Smile looks like strong and independent femenist will end up on street ...so sad , no AC :-)
Weird that the most expensive places to live have the most government control.
and a half trillion GDP 😮👋
I'm in a red state that prides itself on less government control. We have apartments sprouting up that no one can rent from because no can afford them.
Surprised that guy’s nose wasn’t growing every time he opened his lying mouff
Sounds more like a housing scam
How can 900$ even be affordable? What a bunch of price jackers! Ugh
Because instead of fixing anything they just raise the minimum wage even though it only benefits the rich. Then they put out huge media campaigns to convince the citizens to demand wage increases and affordable housing. And it keeps going on until the people wakeup.
In NY $900 is affordable but NY is pretty expensive, but not as bad as CA clearly. Except in the city. You can pay $2500 for a shoebox.
One of our Vets working a Temp Job! Having to move after he fought for US! Comeone Man!!!
I like how the politicians that approved of this “didn’t know” this would happen. All they knew about were the kick backs and pay days they were getting.
😂😂😂😂AND THEY ASK WHY WE HAVE HOMELESS PEOPLE ALL OVER THE STREETS..
Ernesto Rizo exactly. The Democrats who run this state need to make the zoning laws less strict so that more housing can be built. If there is an increase in supply then the price will go down.
"$900 for one bedroom"
"$1200 for two bedroom"
Half of the occupants should be HALF OF THE PRICE. $900 is insane for one person unless you ensure that every single job in the area is paying every worker a minimum of $900 a week so no one is wasting more than 25% of their monthly income on rent.
$900 is unrealistic for one person housing.
If it's $1200 for two bedrooms then it should be $600 for one bedroom, there is no reason to force single people who want to be on their own to pay a disproportionately higher price. No wonder more and more people are forced to get "roommates" in the normalized trend of having strangers in their personal living space.
That's what I do. Its 100 dollars to get a second bedroom, roommates are the best option.
$900 is too much for one bedroom I paid $450 for mine
They are doing this EVERYWHERE, my complex told me the same shit, I am working on a lawsuit to sue, government and property owners because of the illegal procedures they are getting away with.
I'm reaching my boiling point, do not make me go postal on these crooks
I got your back........
Yep
That's one reason why city officials weren't approving any new housing construction. Developers were price gauging
I remember when it was called low income housing!!! Now it's affordable housing. Bull💩!
affordable to some, not most lol
They should take that public bond money back. That’s terrible the way those people were treated.
They said “If they made to much money they can’t live there”
*Can someone explain this?? I don’t get it*
Randy Marsh The units are for low income tenants. Where“affordable housing” are derived from. You should be asking “if the project was meant to provide a more affordable housing why raise the rent”.
Talk to the government....
@Randy: The government gives subsidies to the landlords if they rent to poor people. The income cap for renters is 50% of the area's median income. If the median income for the area is $50k, then renters must make less than $25k yearly. If you allow a renter whose income exceeds the cap, then the landlord losses subsidies for all the units.
@@katelily7619 hence, when you apply, they ask for your yearly income. :/
@@JamieRobles1 Duh! Of course we ask for your income. I work for a property manager. Why are you explaining my job to me? WTF
This is real news
cnn wouldve some how blamed trump for it lol
Me and my husband know this too well. We make too much for decent priced affordable housing so we are forced to pay crazy market rates $1200 a month for a 1 bedroom less than 700 sq feet in Dallas,TX plus extra for utilities. We just moved and bought a home at outskirts of the city in Forney Texas. If Im paying over $1k in rent Id rather buy a whole damn house.... at least I don’t have fight for a parking spot.
You have to.make 2.5 times or 3 times the rent and the rent could be $695.
Lol! "Affordable Housing" is sometimes even more expensive and take months to get into. The only way to get affordable housing is to move out of state.
v S
I agree, here in Washington a “low housing” two bedroom runs for around $1,200. Crazy
I was a part of this problem a few months ago. Same company bought my apartment complex so my family was forced to move out. $800 to $1800 in one month is not “affordable”. Oh yeah, 1 bedroom too.
When they evict these folks do they throw in a free tent ?
If you want to end homelessness in the whole East Bay, use the old Alameda Naval Air Station in the City of Alameda California as low income section 8 housing. Problem solved thank me later.
People are homeless because of stuff like this & most places charge to much money 900.00 a month for a one bedroom that's insane & high way robbery !
to be fair, that's how much I pay and I live in a suburban area of Tampa. this place isn't even renovated
Same in Beaverton, Portland
I think it has become normal.
900.00 a month is a lot?
@@Tekniq182 It seems the OP must be from the middle of nowhere or a developing country
Be a shame if the owner of that company ended up dead.
Hank Rogers or sent a couple hours down to T.J. for some old school mexican torture
This is why we need to just let the free market decide rents and not have government involvement. Big government causes more issues then solve. We the people can guide ourselves
This is what happens when Government says they want to help you!
So in order to afford the increase for one bedroom, these people
Need raises of $7500 (after tax $4800) for one bedroom and $15,000 (10,800 after tax)for the 2 bedroom. The state needs to do more to control these scamming landlords/corporations.
The greed in California is mind boggling. I just cant see how people could willing live in a state where they're continuously being robbed!
Tech jobs.
Greed is killing america people should revolt
1st step: Take out the billionaires who are carelessly forcing the misery of others (i.e. Jeff Bezos who makes like a million a day while starving his Amazon employees to death and are only making pennies)
2nd step: The amount of money/wealth one can acquire should be capsized to a certain amount. This is one aspect of socialism that I agree with.
They're doing it in Florida too
Blah,blah,blah says the owner. So it's the tenants fault, huh?
Prime example of why I moved out of California
If my parents didn't let me live in a van in the backyard, I'd leave
I'm in San Diego that crap hole would rent for 2200 a month
I just seen a listing in La Mesa for a "live-in shed" for $1500
When I was In LA Culver city in 2015, a shitty and crappy 2 bed room apartment cost $1800 a month with one parking spot. I don't know how much it costs now. May be, $3000.
CA is Crazy. The citizens really need to band together & put a stop to all this. Ridiculous
How very sad.😢
How the hell do you make 40,000 a year and be expected to pay 2100 a month in rent? That means half your income is on rent alone. That doesn't leave much room for basic life need. ( Utilities, food, house hold items, car, insurance, healthcare, gas, ECT.) The worst part is these people are probably working over 40 hours a week to get that 40,000 in the first place. There is nothing affordable about this situation.
They did the same thing in pittsburg
Marina green apts which boarder my water front home community.
I had a working friend living there when he was evicted.
Now its all low income ie no jobs.
Which has destroyed my community.
Thanks gov keep up the good work
Live in 3 bedroom 2 bathroom for 850 for 9 years oh yes I live in Wisconsin
It's a given.
Why would you spend all that money, just to use it for affordable housing??
It literally makes no sense.
They're just going to convert the properties to make the most money possible.
Home prices are so high in California . That their making $400,000 Homes across the rest of the Country look like a Bargain . And their still rising .
In Dallas 2 years ago homes started at 300,000. Last year 400,000. Now 500,000 to 700,000. The homes are zero lot and boxy.
@@donnajoseph-barford1076 The same in Florida . Builders are running out of Cheap Land . So their putting as many Homes on an acre as possible . And charging a total fortune with no end in sight . As Rates go down , Home Prices rise . It's never ending . I really don't know where people are getting all of this money ? Not everyone works for the Government .
These same landlords want good deals when we service these apartments.
A developer is in the business of making $, not being a welfare office.
Some of those existing low rent apt buildings look unsafe.
They were paying $900 per month for a one bedroom apartment? The cost of living must be really high in that city. In my area you can get a nice two bedroom apartment for $900.
Trying to keep people in a house and help prevent homeless people, but instead. We're make more problem for the future. At some point, that building was Iddle too. "50 years", did you see who and what lived their? Well, it said a lot to me. God bless us all
This should be illegal. We need rent control in America. This is why so many people are homeless.
They always want the property owners to make less money for affordable rent but is the city willing to take less money for the property taxes to help these homes be more affordable?
I chose to finance a 2018 Dodge Challenger and continue living in my parents pool house.
That staff attorney looks like a standing frog
The 1st lady had 37 months worth of rent in gold chains! She was a true triple OG....
Every single chain even when she's in the house.
Who would’ve thought that when government interferes in the market, the market would use those rules to their advantage?
2100 dollars for a two bedroom apartment that’s how much my rent cost in my three level four bedroom house
One day the housing market is going to crash Big time.
Kim Brown Again
It will be even worse next time.
Yah. It's already starting. 2020 more than likely
Not going to crash anytime soon since job market is too strong.
I do not care i would leave Calif. It is just going to get worse.
Okay but $900 for a one bedroom?!?! Here In Bakersfield, CA, you could find a decent two bedroom for less than $600😳
If you make 40,000/yr. 25% of that is $10,000/yr or $833.33/mo. That should be the maximum rent in a complex that restricts your income to qualify.
These people are stealing our tax dollars and making it impossible for us to find homes
I experience the samething(while in college). The company that took over didn't increase rent an extra $50-75 but hundreds from $600 (1/1)to $900 plus. No upgrades, people hanging in front of your door & etcetera the area is the hood the majority are on SEC 8(late paying their portion)(& am paying full amount in college full time never late, stay to self). In My case the owners increase rent to the max of what Sec 8 will pay for that area. Unfortunately
People being pushed out of places they can pay the rent/ while working on goals is happening all over especially in big cities.
🐀 🐀 politician conflict of interests they own apartments,real state corporations 💵 💵 buying the government
Instead of this, someone who is rich/ owns apartments, etc should use the houses for the homeless. The money that pays for these houses come from donations, etc. Maybe even these type of places should have work options, coupons, tips on budgeting, etc. And if someone could get these areas sponsored, allow people to work there to help for pay, etc that would be great.
This is what happens when government tries to manipulate the markets
Democrat before being voted: we love all the people Freedom for all is all about love🤗.
Democrats after: 💲🤗
Me:🤦
“Saving up for a wedding” doesn’t make me sympathetic.
Eric x sadly the idea of a wedding for many people is a costly event even though they want one. Better to just elope and save the money.
In 2008-2010 I lived in an apt in SC that was 2bd 2ba for $550/mo . They were bought out and turned into so-called "luxury" apts without any real demolition. They now rent for $1125/mo. Due to upgraded kitchen and appliances and upgraded flooring.
This is happening all over the country even in Massachusetts!!!
3:30 this guy from Reliant is an a-hole. If it was a "misunderstanding" then undo the damage done
Good keep raising the rent the housing market is going to have a recession like no other one day. Keep it up keep raising the rent.
Oh wow! They screwed all those people!!! Shame on them!!
This is a damn shame! These people should be ashamed of themselves! I am a renter on the east coast and have a rental company that is a national corporation. My husband is military and I am disabled. We were two days late with the rent when they filed for eviction and added $1800 in fees to our rent. While my husband was deployed over the last year, my plumbing backed up into my house and they didn’t do a thing. How these people get away with this stuff baffles me! My heart is breaking for the people in this video! I hope things work out for them. While I’m not from that area, my husband is from California and I appreciate y’all bringing stuff like this to light.