Its amazing how much more flattering that argument sounds when the context is that your house is going up in value and not that its about to become underwater
@@palaven4048 i mean not really. He said increase property taxes in line with property values and stop supporting policies that increase property values. He also said in this clip that lower income housing and apartments should be made
@@SanvelloSerapiega Ok but why should you have to be kicked out of your house over something you have zero control over? That's the definition of gentrification. Also rent increases as well when housing prices go up.
@@palaven4048 Because there are more people and more demand for housing in a state that heavy regulates its housing. Solution: GET OUT! I left CA because of this problem :P
@@tbirddddd good =/= the absolutely highest echelons of skill. This is such a stupid fucking take every time I hear it. The top 10% are good at the game, they just don't typically have the time to invest into going higher. The top 2% are great, and there's a whole lot more than 50 people there. Foh with the dumbass elitist bullshit 🙄
@@SallionMang i say the top 49% are good at the game, because they're better than the majority of the playerbase You can't prove me wrong, because good is subjective Eat ass
The thing is many people are homeless for various different issues. Some homeless people are there because they had unfortunate situations. Some homeless are there because they know if they do get a house they will have to work hard and a sustain a good lifestyle for themselves.
10:16 Destiny you are way too unhinged with your takes sometimes! You make these hyperbolic takes when people are willing to concede that there could be a middle way or better way in helping people who may want to stay where they are or people who want to move the area! Not everyone is a die-hard cosmopolitan that wants to travel everywhere and not everyone is a selfish fool that wants to just stay in their town or city!
Well, he did somewhat downplay the crime portion with "you're fine Bennie boy" or something, but he didn't give any sound argument after he let the video play to Ben's newspaper clipping. heh This was practically a screed against Ben as a homeowner, versus a political pundit.
he says stuff like that because he knows most of his chat will not be millionaires nor most likely have $250,000+ in the bank ever in their lifetime, because thats the only reason you should be owning a house anyway, unfortunately.
@@longfinmako6213 It's not. If you're a normal person and plan on living in an area for a few decades, and can save the required amount of money to pay for the down payment on the house then owning property is worth it in the long run. However, Destiny is not a normal person. He is someone who constantly wants to move across the country to live in expensive large cities.
@@longfinmako6213 I also think about the concept, from what I take from is that you just never want to get involved with banks or interest on a home, average people wanting to be homeowners is the reason banks have so much leverage over our lives. The point is to not be bound by a bank. Unless you're a millionaire and can buy a home flat out and not tank your net worth then maybe its worth it, just think of the financial concept of "if you cant buy it 10 times over with cash, you shouldnt buy it."
@@michaelscott993 I think people saving up the down-payment is a problem. Buying your starter home at 200k would be a 40k down payment which most people who watch this will probably not be able to save.
@Hersh Shorsh I do the same, but I can't understand most videos in 4x unless they have super crisp audio (or talk super slow) so these videos are hard to watch.
I'm not trying to focus on talk shows. When it's above normal speed I have to purposely listen to the content or if I get lost I have to grab my phone and waste time rewinding. If you're someone who just sits down and listens sure, but I'm doing work and wanna listen to convos while I work, not speed through info
2:40 As someone who’s attended many city council meetings as a part of an old job, one of the main reasons why I think it’s hard to actually solve homelessness is because the solutions to help alleviate homelessness are usually unpopular. Whenever an assistive housing project was proposed there was always a large portion of people arguing that they didn’t want it near their neighbourhood because it would “raise crime in the neighbourhood and decrease their home value”.
Bruh when you have generations of your family members growing up in the same home, being told to move out is just insensitive. There's sentimental value attached to that house. Yes Natives were invaded but people in the modern age aren't at fault for that. You can't hold people at a figurative gun point and tell them they have to move out because their ancestors fucked over Natives. Forcing anyone out of a house they own is insane.
in a way you could..., let's say you stole someone's house, and they want it back but the legal process takes a long time to complete... it does not matter how attached you and your family is to that house... you can be kicked out.
@Victor Rent doesn't mean property/house ownership. Rent is the paying to the owner of X to allow you to live on a section of X for a continued amount of time until you either wish to move or until you can't anymore.
Is it me or does Destiny sometimes counter his own arguments? Present-day citizens shouldn't whine about having a lack of resources in order to stay where they are, but we should hold a heavy heart for those centuries ago, those of whom we never had any interactions with?
I don't understand why all these "I'm leaving California because California sucks" but then only talk about their immediate city which for almost all these people are LA or Bay Area. Yeah the state taxes are expensive but almost all the other points are "LA has high crime rate" or "LA has shitty public transportation" but idk if people know this..... LA is a county in California and is not California. It's the same as me complaining that California smells like cow poop when really it's just that Fresno smells that way.
Destiny lost me at thinking it was wrong for someone to want to live on property they own for their entire life. PS, home-ownership is the fastest way to the middle class and one of the smartest investments you can make.
I didn't understand that. If i was smart enough or lucky enough to mk a good purchase i shouldn't be able to pass that down without my kids having to pay $100k in taxes every year? I can't agree with that. But to each their own
@@westerngroovetv 100k in taxes? Home ownership is an investment. Most people spend 30%+ of their income in rent. A mortgage is often cheaper, including insurance. All the rent money you pay in your entire life is thrown away, when it could go right into your home. Once it's paid off, yes you still pay taxes, but unless you're in a mansion they won't be nearly 100k a year... Maybe it's different in the upper class areas in Cali or something. But in the majority of the US, home ownership is the way to go.
@@westerngroovetv People around here(NW USA) struck gold. All my friends that purchased homes ~10 years ago have had their home values nearly double. Massive equity boosts of 150K+. That's a hell of an investment. Once they're done they can actually retire without needing nearly as much saved. If the kids don't want the home they can simply sell it and it'll be $300-450k cash just like that. OR you can rent it out through a management company and have easy income for life, as it's value grows with our inflated currency.
Me too. I usually agree with a lot of his points but not this. You establish your career n lives here but now have to move? Imagine having to move and start a new life with ur family. It’s easy for destiny because he probably doesn’t have close family or friends.
How about make it harder for them to hang out on the street doing drugs and begging for money all day? The current policies make that easy and near viable form of living. If you clear people out and actually arrest them for doing drugs in public and threatening people, they're going to be that much more likely to straighten themselves out.
he's like a certain man named adolf. he wants the problem eliminated....by "cleansing" the streets. he doesnt see them as humans, but as vermins to be exterminated.
@@ChrisJones-vh4sw You mean just make it harder for people to get homeless by actually having a social safety net and so that they can then proceed to contribute to society, even if just by taxes, instead of your bootstraps bullshit?
There are people who would literally rather die than leave their childhood home, you see it all the time when natural disasters occur. People not wanting to move isn't exactly a far fetched thing to expect.
How the hell can you blame someone for wanting to stay in a community or area they like? Nobody said they had a right but it seems really strange to call someone out for not wanting to inconvenience themselves with moving and leaving behind comfort, memories, their job, relationships, and so forth. A bit absurd here, Destiny.
His take is so unfathomably stupid that I would take zero advice from this clown, buying a house is the best investment you can make and to say otherwise is sooo ignorant
@Guiuu Shurt boomer shit? No it’s not lol it’s owning a fucking house somewhere you can live and not have to pay some landlord for rent, you can buy houses extremely cheap in most states and why should I have to move if I like the area I’m in? Complete baby brain logic.
@@waldo865sti if you wanna live there forever thats fine... But better pay taxes then don't hold housing hostage for everyone else so that the price of housing skyrockets and no one can move there
because their children will never be able to afford to live where they grew up because there stupid fucking parents raised the prices of houses by refusing to sell or allow taxes to rise...
Are you saying that if you sell your house you have no choice but to leave the entire city? Why couldn't you use the buttload of cash you make to rent a place? That should surely last the rest of your life, and you can keep your jobs and relationships.
You own the land as well as the property on it. Why on earth should the town/state drive you out of it by forcing you to payer higher and higher taxes? Its YOURS! You shouldn't have to pay any property tax at all for whats YOURS. Get rid of it, same goes for income tax. Its a pretty common life-goal to buy a piece of land, build a house, plant a tree, grow some tomatoes and raise some children that god forbid may inherit your property some day. Whats wrong with that?
I can't afford any land and that's not because of taxes; I can't even afford a singe person apartment on $22.50 an hour. In fact, it kind of seems like the coming generation is increasingly not interested in buying homes or land, or at least they view it as so hopeless they'd rather not bother.
For those policy nerds in the comments look towards Utah for an answer. “The state of Utah has therefore implemented the “Housing First” program and started to provide shelter for all in need, meaning that homeless people in the state receive apartments without any preconditions. Thanks to the Housing First program, the number of chronically homeless people in Utah has been reduced by 91% in ten years. Crucially, the program is cheaper than accepting homelessness.” www.scoop.co.nz/stories/HL2007/S00052/housing-first-utah-ends-homelessness-and-provides-shelter-for-all.htm
In rural areas its expected to live in the same house for basically forever. Every family knows every other family because multiple generations have grown up in the exact same homes (or at least nearby). Thats the only way to create communities. Its a wild idea to be forced out of the family home.
Destiny wouldnt be able to understand this, his son is in another state, he has a open relationship with his non-wife, the appeal of settling down and integrating into a community doesn't resonate with him. In his mind, if you're not out having sex with whoever and whatever with nothing to tie you down, moving all over the place, you're an idiot.
Those kinds of homes don't tend to go up dramatically in property value that prop 13 protects them. communities most benefiting from prop 13 one ones where there's a quick increase in property value such as when a land owner bulldozes those multi generational homes for office buildings. Prop 13 has also drastically drained the coffers of those small community public schools since they get funded through property taxes.
@@Pawg_Alf I was commenting more on the mindset rather than making a direct comparison between the properties. However I would think there should be a qualifier if prop 13 gets revoked that if your family has owned the house for 3 generations and has no intention of selling they should be able to keep some sort of benefit.
I had to play this video at x2 speed.... Ben Shapiro barely met a normal speed and Destiny was so slow that I emailed youtube asking for a x4 speed option.
On LA's public transportation: the issue is NIMBY's. When the purple line was announced to go from downtown all the way to UCLA and Santa Monica, Beverly Hills went berserk and recruited their kids to literally walk out of their high schools to protest the line for fears of 'gas leaks' and 'dust.' In fact Beverly Hills is the reason why route 66 isn't a free way that connects the 101 to the 405 and is just a road. Century City was literally built up vertically with the expectation that route 66 would be a freeway, and thats why its so damn far away from the 405, causing massive congestion to and from the freeway along Santa Monica Blvd and Wilshire. Another example is Elon Musk had plans to create a tunnel from LAX to Brentwood underneath the 405 until Brentwood stopped it in its tracks. Santa Monica also tried to stop the expo line from downtown and USC to the beach but failed (thank god). We have a lot of public transportation projects ongoing right now but they're going to take decades. 2028 Olympics will increase the speed that we get these projects done, but its not enough. West Hollywood for example won't get public rail until like 2050. That's ridiculous. IMO self-driving cars will come before all of this is finished. We should keep our freeways, and subscription-based self-driving cars can take us to work. Dedicate half the freeway lanes to self-driving buses, or 1-seat cars that are half the width and half the length of a regular car (to increase throughput, think like motorcycles side by side). Self-driving cars that communicate w/ each other will also be much more efficient for less traffic jams.
They are nimbys / hypocrites because the moment cheap housing or transportation becomes available to their area, their property values and purchasing power will plummet. In london, the moment public housing became available, property values dropped by half -although london is still london. It really does make me wonder what the right solution is.
Raise the property taxes? Lmao. All the retired ppl who paid off their homes but saw the value skyrocket and therefore their property tax could no longer afford to live in the home they paid off! Especially in SF. All the true SF who were the soul and culture the city are leaving. Easy for Destiny get up an leave the city/State you grew up in and leave it behind. It means nothing. Smh.
If they're retired, they can likely just defer the tax payments until they die. Of course, the inheritors then have to backpay them or foreclose, but no one has to get kicked out. At least, that's how it works in Texas I think.
This sociopath is literally unable to view the world through any person's lens other than his own - if he doesn't care about not having any security in life, neither should you. Imagine complaining that the American dream is dead while simultaneously arguing that it's a good thing that people can lose their lifetime's work to chance. The only thing Destiny manages to care about is money, he is completely unable to relate to culture, family or other sentimental sources of motivation. Even using his own arguments, it's incredibly flawed logic. When justifying the moral premium he places on his belongings, he uses the argument that "you put your life/time into earning/having that", yet he can't see how the same applies, to a much greater extent, to the home you plan on growing old in...
@@korbinianring9422 I don't get this complaining... It is hitting the jackpot when your property skyrockets in value and than complain about your tax increasing proportionally.
@@Featherman I'm American. I have no cultural, family or other sentimental values - money is the only thing that could possibly matter in life, ooga burger booga
@@korbinianring9422 ooga booga my entire culture and being results uppon my house. We live in a world where you have to pay for things. So even tho you might wanna live in a villa, you need the money to get there..... In this case you need the money to pay your taxes
For real. I get that maybe the economy in the US incentivizes selling your property after it took some value, but I don't think anyone should be forced to do that. Some people want to have a stable life. Not everyone can be a streamer, where it really doesn't matter from what state you play video games. Some people want their kids to grow up in a stable environment or stay at their job for a long time. Some people just love the city they grew up in and want to stay.
Imagine working at a company your life that doesn't provide you with a proportional raise over time relative to the cost of living. And so your individual solution is to hoard the wealth you have accumulated by making it incapable for other more competitive labour to live in your city...
@@TheSwiftMonster if you don't work in tech ur not gonna get those kind of raises. That's the sector that went to that's controlling the housing market. Other businesses can't afford to pay all their workers $100k or more.
True but there’s more to it than that. America is HUGEEEEE. The amount of space is mind boggling compared to cramp ass Europe where you have to half park your car on the sidewalk because roads are too small. Public transportation is difficult when things are so spread out and roads are more convenient.
@@rachelrust America has cramped ass cities and should have better public transport there, functionally nyc subway is a good example. Although it should be modernized at this point.
I like that Destiny calls this a “dumbas video” and agrees or concedes to every single point Shapiro made lol. Deep in Destiny’s soul he hates sooo much that he agrees with at least half of Shapiro’s ideology lol.
@@xXAscendingPhoenixXx Ideology consists of ideas that help to form a persons political and economic beliefs among other things. Destiny agrees with Shapiro in many of these areas. Not sure where you’re getting lost unless you just don’t know what “ideology” is....
Destiny is someone who likes frequently traveling and living in large cities so to him it's definitely dumb to buy property. However, if he's extending that to his audience or general public then it's definitely a dumb take.
@@DistantKingdom As someone who owns multiple properties and makes his income through management of those properties, I respectfully disagree. There are certainly advantages to buying over renting and renting over buying. And in different circumstances one is better than the other for an individual. But flexibility is in the favor of renting. In fact, I would say that's the major advantage of renting. If you aren't stable financially, and if you aren't sure you are going to be happy living in the same place for the next 5+ years, you probably shouldn't buy. The example you give of being able to reinvest equity, is just money you made by sacrificing flexibility for many years.
Property Investing means buying and selling. If you buy a home with no intention of selling it, it’s not a investment anymore it’s just property. And if you’re house costs $1 million dollars, your taxes should reflect that.
Yeah this destiny's exact point the money you save by renting instead paying a mortgage can go to investing and you come out way better in the long run
Homeless people from all over the united states migrate to the south like, Miami, Los Angeles. LA Being the number one choice, so the problem is not LA but the whole USA! Think of it like this, would you rather be in Chicago Homeless in bellow 0 cold, or make it to LA? The choice is obvious, the solution is insanely hard, as the political system in the USA is fix it yourself or die! There is no short term solution, and our country is already a failed state, so take that as you will!
Amen. CA does have homeless shelters, but we don't have sufficient numbers. Why? All the homeless are coming to California. I volunteered at one and we are pretty much overbooked. We even took the extreme of converting some hotels to homeless shelters. Homelessness needs to be addressed on the National level, cause if its just on the state, guess what? All the homeless would migrate to that specific state that is trying to address it.
Destiny is so wrong on owning a home - people want to own a home to add stability in their life, they want to grow roots, have a solid base to raise their children, be part of a community - homes are not just about making money, it's not just an investment - that is such a narrow viewpoint.
Destiny: "I don't know why homelessness is such a big problem." Destiny one minute later: "If you can't afford your house then get out!" 80 yr old receiving social security based on a salary from 30 yrs ago: *dies homeless*
@@A2N2Drew If you literally can't afford to pay taxes on your assets because it's worth so much money wouldn't it be better to just liquify the asset and move somewhere else with a cheaper cost of living. There are plenty of "middle-class" houses, especially in LA that would be valued well over a million dollars.
@@A2N2Drew except in one case people are being homeless due to mental health issues while the other is some dude that sits on a huge assets and refused to liquidate it. Do you see the difference? One side is people struggling to live because they can’t get appropriate help while the other side is just some dumbass that sits on a giant check and refused to cash it.
@@LtDeadeye I assume you mean this in a sentimental way. I do agree that a house can have emotional value for people but it doesn't make sense to screw over everyone else by not paying taxes on something you can't afford to have right?
the whole always rent over buy thing kinda baffles me... idk what it's like in the US but in the UK rent will be like double the monthly cost of a mortgage and you see people stuck in the renting loop in developed cities until they eventually manage to become a first time buyer at like fuckin 45, it's crazy... the message here is get the actual appreciating asset and get it ASAP
Note that he didn't really say always rent over buy, he said "if you have to ask, yes". I'm in the US, I own a home and have a few other properties that I rent out. IMO you need a couple things for buying to better than renting. First, you need to know you are going to be happy living there for at least the next 5 years. If you end up moving in two or three years, you generally lose more money than you saved. There are a lot of fees associated with a purchase. And it's not as simple as rent vs. mortgage, with owning, you also have property taxes, home insurance (vs. much cheaper renters insurance), and regular repairs. So the margin is a bit slimmer than it looks at first glance. Second, you need to be pretty financially secure. If you lose your house to foreclosure because you lost your job, you generally lose a lot of your equity, if not all of it. Also, you accept a lot of risks by owning, if your A/C goes out, certain plumbing problems occur, foundation or electrical issues, etc. any of which could easily be $10,000 out of pocket. For people living paycheck to paycheck this could be a serious problem. If you meet those criteria, you get a good deal on a house in a reasonable area and get a good loan, I think you'd probably be better off.
I've wondered about this before and it seems like there's just a difference between the US and other countries. I live in Sweden and many people here consider it incredibly stupid to rent as it's characterized as making money for your landlord. I personally rent but I do feel a creeping anxiety that if I'd want to but in the future I might not be able to. Also, I think the 2007 recession had a much more severe impact in the US that made many people aware of the drawbacks of owning. In Sweden I think many people still live under the illusion that property values simply cannot go down. Owning is talked about as a "housing career" where you just make money and buy bigger indefinitely.
@@davidmontgomery1442 Interesting! What you describe definitely sounds more similar to where I live. And I guess I mostly hear these "owning is dumb"-takes from Destiny so that of course influences me.
@@momijinohanako I dont think he says that owning is dumb, he only thinks the people that say homeownership is always better than renting and some awesome way of making money is dumb.
Raising taxes is never a solution, it´s a tool. What the state does with the money is what matters, raising taxes gives the State more opportunities. Apparently California has been shitting the bed on that front.
Year-to-year increases in property taxes force you to actually make use of your land if you're going to own it. Look 2,000 feet from the Staples center and you'll see single-floor suburban neighborhoods with yards - chain link fences, dead cars in the front lawn, etc. They're valued in the millions. It wouldn't be possible to keep them like that if their taxes reflected their value. Owners would need to turn them into multifamily units that could house more people.
@@DoubIeKiIl it’s their own private property. They can do as they please so long as they respect the NAP. It’s not fair that I have to pay more in rent because people want to keep raising property taxes. How am I supposed to be able to afford a home if it gets harder and harder to afford rent? You see people in California complaining about the price of rent going up every year. Prop 13 is part of this problem.
@@palaven4048 True. The cost of living and overcrowding are the main reasons I moved up to Washington state. It's not exactly cheap here but it's definitely a lot more affordable than CA not to mention less crowded.
@@palaven4048 I have no idea how California is, but how long has it sucked? It's so bad, but people like Ben Shapiro and Tomi Lahren live there despite it being largely left leaning.
@@GO-GO_SO-SO It definitely has it's shitty parts but it's also an amazing place. I live in the bay area and it's great that you can change scenery with only an hour drive. Lots of variety. You get paid above average usually but of course the cost of living can really make that non factor. It's probably in most cases not the best place to grow old or perhaps raise a family unless you've done well. Very expensive to have a family here! (Leaning towards the larger cities) I think it's a great place to experience when you are young and want to experience life to the fullest and compete in the industries that California is known for. It will definitely put you through some shit. If you prefer a simpler life, then there are many other states that fulfill that and I'm sure it may be something I'd want in the future.
Jokes aside, one of the best ways to combat the weird problems we run into with housing is to tax land and improvements at different rates. By taxing the actual land at a much higher percentage, you effectively subsidize vertical improvements to properties so that more people can live in a city that is experiencing growth.
@@SomeoneGreenPlane a lot of ppl in California don't care. They just dislike home owners bc they are winning right now. But a lot are also the same ppl crying about their rent going up. They should have same rent for 10 years.
Soooo, has anyone else watched the Why Not to move to Nashville video(s)? It's not crime or homeless free either. Education is actually really bad there and extremely under funded too. Republicans all fleeing there can also deal with the crazy bumper to bumper traffic. Tornados and floods are a hoot.
I'm more than certain he's leaving so he just pays less taxes and can appeal to more conservatives by claiming he's just like a rural farmer that totally didn't grow up in one of the richest areas of the world.
@@dragonflarefrog1424 i wouldn't say its superior. But i also wouldn't say America is superior to other countries. It just simply depends on what you value. If you are into guns and feel the need to conceal carry and you want a home with land for a reasonable price California may not mk sense to you. To me there's good and bad things here. And if i listed those things there would be ppl who agree and disagree just based on what they care about.
@@xXAscendingPhoenixXx So you mean the counties further inland? Yes, they are less urban so cheaper, though still suffer under the same state taxes. I honestly don't see how I said is "not true at all." You can read for yourself: reports.nlihc.org/sites/default/files/oor/OOR_BOOK_2020.pdf
Actually a man spent over a hundred thousand to make huts on wheels for the homeless the city decided to repo and destroy them all and left nothing in its place
Because of something Ben Shapiro and other conservatives will never understand: generational poverty. Poverty breeds more poverty. And most people stay in that poverty for their entire lives. But Ben thinks this can be solved by simply "making better choices". It's idiotic.
Destiny: "Why is there so many homeless people in LA?" Also Destiny: "Fuck Prop 13" The time it takes to make that 1.8 million you have grown older making you less employable which makes it harder and harder to just pick up and move. Trying to start over again at age 50 is very fucking hard. Forcing people to leave is the surest thing to create a massive homeless problem and squalor's. The more in taxes you are forced to pay will make less money for education which will drive up drug use, crime and domestic abuse... Also Destiny in the past: "people having to go and get voter ID's is racist because people might not have time in their busy day to go 10 blocks" yet seems to think people are able to go interstate and look for new homes and job opportunities. Raising income taxes isn't bad for wealthy people and even property taxes for commercial use but for housing that is a bad move. Just imagine renting a house, you work two jobs and your jobs are 15 mins in one direction and second job is 15 mins in other direction, property taxes go up and up so you now have to move an hour or more further away, now you spend 2 hours in transit to work two jobs. There's no point going home if there's a break between jobs so you could be away from home 20 hours a day. I would say fuck that and start selling drugs instead... Destiny you are INSANE! BTW I'm not a home owner.
A millionaire is not going to have trouble moving. You’re applying lower to middle class logic to wealthy lifestyles and it’s just not the same. That level of money affords people the ability to pay others to handle the intricacies or moving and finding a new home.
@@ChronicDreamer1st millionaires account for a small percentage of the population. 90% of the population are going to be badly affected by this. Did you know that about 30% of people that come across a large some of money either through inheritance or lotto end up broke within 10 years? "Millionaires can just pay people do do those things" is the exact kind of money management that causes people who have a million dollars and think that can get them what ever they want without a care in the world, good way to end up broke. Look at all the sports stars, rock stars, porn stars that end up broke because they didn't invest in their future. The reason for them going broke quickly is because of taxing assets rather than income. When the money stops flowing in the money starts flowing out just as quick and before you know it the debt that has accumulated is larger than any profit that you could make selling your assets. My question to people like yourself is why should people with large amounts of wealth care about the poor when people like you just want to ruin them and like Destiny seem to hate them?... I'l put this another way, if someone is trying to murder you would you care if they die themselves? No you wouldn't, you would be "fuck them". You need to show respect in order to get some respect in return.. I'm by no means wealthy, but I don't care that Bezos is a billionaire, good on him. But the way I see it is the more things you own the more your things own you.
Don’t listen to them about Carmel. It’s like walking into a hallmark movie. Everyone is white or white passing, folk music and dad rock is everywhere, and the food has no spice. It’s quaint and the weather is lovely, but my god is it boring.
Good for him if he’s unhappy and doesn’t feel like it’s a good environment for him or his kids it’s best to find another area. Hopefully he settles nicely wherever he goes & good video again hope you’re doing well boss.
Wow didn't think I'd disagree with Destiny but saying fuck homeowners and increase Tax rate won't help. He proposes to rent as a solution but somebody still owns that apartment you rent and if the government will increase the tax on the property the rent will also increase because landowner wants to make money. A landowner who rents most likely doesn't even lose any money when tax increased. You can't ask for lower rent and higher taxes. However, I do agree about selling the property and moving if you're priced out by the growth in value. In the end, you lose something sentimental but you're compensated for it.
La's plan is to not have one. Graham Stephan actually addressed why housing is such an issue in his leaving California video. And the problem with Californian property taxes is their appraisals. Realizing that appraisal isn't necessarily realistic. Grandmas house is appraised at 450,000 by the county. Private appraiser appraised it at 180,000 (which is what I told her before a private appraiser came in.)
Destiny kept saying they should leave in response to the tax issue. Like uhhhh yesss 😂, that’s what people are doing. People are leaving California genius that’s kinda the point of the video you’re watching.
Destiny is right. If you have a property taxes not going up, then you can't have enough money to build a new school. Say a school goes for 10 million. Well now because of land prices, it's now worth 100 million and you have even less money to pay for it. Need workers to care for the homeless? Well a living wage is going to be a lot higher due to property values. This is why the rest of the taxes are so high. They need the same money somewhere elser.
Where are you getting the idea that California is a bad place to live? If you have the money, its better than most places. If you don't, I hear you. Its way too expensive to own a house.
@@bladddeesa ehhh, I don't agree. I think he had some good points, but ultimately I think on this one, he was wrong. On that one however, on that one, he was definitely right.
1:50 the main problem with homelessness in LA is the city's end goals. They aren't trying to just give people a simple place for them to live just to get them off the streets, they are building what are essentially subsidized apartment complexes. this is a consequence of NIMBY and the regulations around building residential living spaces. Most areas in LA don't want homeless shelters to be built in or near them and the cost, red tape, and agenda of the city dictates that the "shelters" that are built are basically apartment complexes, which are cost inefficient and the supply of these housing units remains remarkably low relative to the homeless population. Then you can get into the conspiracies around it: contractors want to build these types of buildings as it makes them more money than just simple homeless shelters, and a moral hazard arises due to the fact the city is essentially giving out free or subsidized/heavily rent controlled apartments. and none of this even touches on the macro economic conditions that started the homelessness problem in this country in the first place (the recession, automation, etc.)
Destiny: *puts Ben Shapiro on 2x* Me with my cursor hovering 2x on Destiny's video *I know what I have to do but I don't know if I have the strength to do it*
The US has a terrible terrible homeless problem because they have a very small social safety net. I mean if you are uninsured and get a bad medical problem you can end up homeless. There is no other major wealthy nation in the world where that happens
Sheesh, this Prop 13 slippery slope argument against CA's current Prop 16 is maddening. Prop 13 was never meant to apply to commercial properties, and Prop 16 simply closes this loophole. That's it. It in no way impacts residential properties...unless you buy into this fallacious slippery slope argument. That being said, I disagree with Destiny on Prop 13 when it comes to residences. While it can/should be amended, mostly to incentivize Cities/Counties to build more residential (currently it somewhat discourages it), overall I feel it's done more good than harm over the decades.
Sure...if your already a home owner it’s been great. If not it’s been a really problem. You can’t fix homebuilding with prop 13. With prop 13 the local infrastructure expansions required for new housing development get shifted into “building fees”. In cheap areas those capital improvement fees are 40k plus added to each new house. In the expensive areas it can be 60-90k in fees. Those fees exist because there is not enough long term property tax revenue from new housing to properly fund the costs of expanding roads, sewers etc, because of prop 13. Prop 13 is one of the largest drivers of the housing affordability crisis in California. Prop 13 displaced the costs that would be covered by property taxes, which are fairly stable, and moves those onto “user” fees which are only paid by “new” people and are highly unstable in recessions. That instability also drives many of California’s fiscal and political problems. Prop 13 has made a mess out of California for the benefit of older existing homeowners and to the detriment of everyone else.
I wish they would stop with the quota bs. I have been a member of a political party before I could even vote and in party elections I have voted for women not because they're women but because I thought they were the most suitable/competent and represented me the most. My party's rank-and-file voted for a woman to lead our party in our state over a man - and the man was the favourite and he had lots of endorsements from the 'establishment'. I thought he was too much of a head office type and given corruption scandals in recent years this was not good. The woman had been the target of coordinated smear campaigns in the past bc she had the integrity stand up to corruption. She grew up in the country and I thought she was likable . She got like 90% of the vote. More and more women are ending up in positions of power and not because of quotas. Women are smashing through glass ceilings on their own. Honestly I couldn't careless who is on a corporate board - how bourgeois is that! 99% of people never will be. It should based on merit, and if a company doesn't elect the most competent to the board then that's the company's loss.
How is it fair that my 82 year old grandma who is on a fixed income and payed off her home decades ago should have to sell her home and move away from all of her family she needs because the state decides to tax her based on the current (inflated) value from tech companies flooding her area? How can anyone plan to settle anywhere or plan ahead if the taxes on their home go up forever?
I sure hope that "if you cant afford your taxes, leave." was ironic sarcasm based on some of shapiros "just move" comments earlier. Otherwise....wtf. You just got out of your mouth how there was a ton of money in the budget why cant they do anything about homelessness...
He didn't sound sarcastic to me, unfortunately. But I think Destiny didn't entirely think through what he was saying there. I have no right to live in my own homeland if the prices rise to such a point it becomes unsustainable? That's nonsensical. Obviously the administration is tasked with ensuring Californians can continue to live and prosper in their own homeland, not just let market forces drive them out of their homes.
4:35 I left because I thought what Destiny said at this very moment was completely true , the people there, the government, all of them DO NOT actually care about me only how much more they can tax me
I can't imagine having to move because taxes are going up. It's comparable to having to quit your job because taxes are higher than your income. You can claim for a thousand years that it's beneficial for the city or state or pope but none of that has any bearing on the personal toll a move can have. I know you have no sentimentality but selling your family ancestral home because the government wants more money from you is a shitty way of gathering resources.
it's really a question of where and when. You have to gauge whether or not equity in a home is going to appreciate at a higher rate than equity in SPY, S&P500 index, or ETFs. There are a few videos on renting vs buying that talk about this. Not even taking into consideration risk or market conditions.
The business is moving due to various reasons, cost being a significant one, and the employees are making a voluntary decision as to if they want to move and keep their job in a town with dramatically lower cost of living, yeah
In Canada my dad won huge vs the government who tryd to tax his house as a million dollar home when he bought it off the brothers who made this Mansion for 200 k after winning the tax value is not what the government says it is it's based on what you paid for it
Why do all these people who constantly bitch about how terrible California and New York are, also refuse to move from those places? Ben isn't like most people. He's rich, he can pack up and leave for somewhere more conservative. Which he finally is doing I guess.
I think Destiny didn't really make a lot of rational responses to this, a lot subjects brought up by Shapiro are hard to refute when they are quality of life and unnecessary taxing problems. His hatred of Proc 13 send kinda short sighted as well, lot of people want to settle where they were born or where they buy their homes. The fact that you want property tax to keep going up as time goes on sounds antithetical of the idea of a community. But okay. I'll agree that homeowners problem aren't a demographic to listen to like associations and and such but like damn. This video really didn't have a lot of value
The Prop 13 problems he was complaining about were taxes increases when general property values increase which isn't the result of individuals and is about people not wanting to pay higher taxes on a specific house not living in the community in general. (Which seems to be why he fixates on the born at the time and property the owner did litteraly nothing on) He seems upset cause the problems with the general housing market are that people aren't willing to make the sacrifice to move somewhere else like an area (nearby within the community) with a lower property value even though since the property value went up you litterally could sell your home and move nearby and still own a home (assuming people stop listening to homeowners as policy makers for the housing market and they instead invest in lower to middle income housing)
@@SanvelloSerapiega I understand it was a subsection of the policy I just think that complaining about people complaining about hight taxes on owning their home is kinda nonsense because not everyone that plans to own a house is going to sell it. So why should a policy be broadly applied for the sake of such. Buying a home for the purpose of having it for a generation or two in the family and you think people won't vocally anounce disdain? It's like saying once you buy a car as long as it's in operating conditions and runs with no issues you pay increasing property tax on it rather then based on depreciation. I'm sure somewhere there's a general rule on a paying more because say you own an old car model and it's worth a lot now but I could be wrong It's just weird that you as an owner have to pay increasing taxes on things you bought to own and it goes up. It's almost like most cities and state governments don't know how to budget or allocate their funding and have to come up with more ways to get tax payer money.
I'm from California visiting Austin Texas right now. There's a fuck ton of homeless people here too. I don't know if it's exclusively a California issue.
Why should you sell your own home becuase of property tax? Land stolen off natives? Why should they be unhappy now they dont have huge taxes to pay on it. By your logic they are better off. Basically you have an anger problem. Its too much to listen to bro. Calm down,
Speeding up shapiro is insanity
The only reason Destiny did that was to make himself sound like a slower speaker than Shapiro.
i watched this video on 1.5x
@@Nightknight1992
Be careful. I x2ed it and had to wait five years just to be able to comment on it not being a good idea.
I still think it's to slow
@iHost :) that often happens when i go from double speed to normal speed.
Ben Shapiro: "just sell your house and move"
Me: 😡
Destiny: "just sell your house and move"
Me: 😍
Its amazing how much more flattering that argument sounds when the context is that your house is going up in value and not that its about to become underwater
@@SanvelloSerapiega Still bullshit, he basically said he's for gentrification.
@@palaven4048 i mean not really. He said increase property taxes in line with property values and stop supporting policies that increase property values. He also said in this clip that lower income housing and apartments should be made
@@SanvelloSerapiega Ok but why should you have to be kicked out of your house over something you have zero control over? That's the definition of gentrification. Also rent increases as well when housing prices go up.
@@palaven4048
Because there are more people and more demand for housing in a state that heavy regulates its housing.
Solution: GET OUT!
I left CA because of this problem :P
Can we get a study of people who are bad at Starcraft and people who are homeowners
Staggering result
Would be about everyone wouldn't it? There are about 50 people actually good at Starcraft and they're all in South Korea.
@@tbirddddd good =/= the absolutely highest echelons of skill.
This is such a stupid fucking take every time I hear it.
The top 10% are good at the game, they just don't typically have the time to invest into going higher.
The top 2% are great, and there's a whole lot more than 50 people there.
Foh with the dumbass elitist bullshit 🙄
@@SallionMang i say the top 49% are good at the game, because they're better than the majority of the playerbase
You can't prove me wrong, because good is subjective
Eat ass
@@RisenSlash If good is subjective, then you're wrong with any take you give. nice try
If you're homeless, just buy a house
If your homeless, Just marry a doctor.
If you're homeless, just stop being lazy.
The thing is many people are homeless for various different issues. Some homeless people are there because they had unfortunate situations. Some homeless are there because they know if they do get a house they will have to work hard and a sustain a good lifestyle for themselves.
@@aaronmisra735 it’s ironic comedy dude
@@ayylmao578 I am aware of that
10:16
Destiny you are way too unhinged with your takes sometimes! You make these hyperbolic takes when people are willing to concede that there could be a middle way or better way in helping people who may want to stay where they are or people who want to move the area! Not everyone is a die-hard cosmopolitan that wants to travel everywhere and not everyone is a selfish fool that wants to just stay in their town or city!
Is it me or Destiny just basically agreed with everything Ben said except the home tax?
Well, he did somewhat downplay the crime portion with "you're fine Bennie boy" or something, but he didn't give any sound argument after he let the video play to Ben's newspaper clipping. heh
This was practically a screed against Ben as a homeowner, versus a political pundit.
smart people agreeing isn't that rare
@Defixiones 1 Ben isn't wrong about what the problems are, which is basically all he talked about. It his solutions that suck
@Defixiones 1 Give it two years and Destiny will be back on the right. He's just a contrarian that likes to argue with everything basically.
@@willy3toes facts have a leftist bias. Leftist solutions to problems are just more effective.
The only takeaway I got from this is you have an irrational phobia of home owners.
TBH I hate boomers as well.
Problem: Homeowners.
Solution: Don't be a homeowner. Rent from homeowners instead.
Ummmmm what?
he says stuff like that because he knows most of his chat will not be millionaires nor most likely have $250,000+ in the bank ever in their lifetime, because thats the only reason you should be owning a house anyway, unfortunately.
@@roronoasam1 can you explain why? I really don't see why that would be the only good time to buy instead of rent...
@@longfinmako6213 It's not. If you're a normal person and plan on living in an area for a few decades, and can save the required amount of money to pay for the down payment on the house then owning property is worth it in the long run.
However, Destiny is not a normal person. He is someone who constantly wants to move across the country to live in expensive large cities.
@@longfinmako6213 I also think about the concept, from what I take from is that you just never want to get involved with banks or interest on a home, average people wanting to be homeowners is the reason banks have so much leverage over our lives. The point is to not be bound by a bank. Unless you're a millionaire and can buy a home flat out and not tank your net worth then maybe its worth it, just think of the financial concept of "if you cant buy it 10 times over with cash, you shouldnt buy it."
@@michaelscott993 I think people saving up the down-payment is a problem. Buying your starter home at 200k would be a 40k down payment which most people who watch this will probably not be able to save.
Why on earth would you speed up Ben Shapiro of all people? I literally cannot process what he's saying
Because he's Destiny and he's worse
I can never tell if these comments are hyperbolic
@Hersh Shorsh I do the same, but I can't understand most videos in 4x unless they have super crisp audio (or talk super slow) so these videos are hard to watch.
Dude it's really not that hard to understand
I'm not trying to focus on talk shows. When it's above normal speed I have to purposely listen to the content or if I get lost I have to grab my phone and waste time rewinding. If you're someone who just sits down and listens sure, but I'm doing work and wanna listen to convos while I work, not speed through info
2:40 As someone who’s attended many city council meetings as a part of an old job, one of the main reasons why I think it’s hard to actually solve homelessness is because the solutions to help alleviate homelessness are usually unpopular. Whenever an assistive housing project was proposed there was always a large portion of people arguing that they didn’t want it near their neighbourhood because it would “raise crime in the neighbourhood and decrease their home value”.
Ben was basically right about homelessness
Bruh when you have generations of your family members growing up in the same home, being told to move out is just insensitive. There's sentimental value attached to that house. Yes Natives were invaded but people in the modern age aren't at fault for that. You can't hold people at a figurative gun point and tell them they have to move out because their ancestors fucked over Natives. Forcing anyone out of a house they own is insane.
in a way you could..., let's say you stole someone's house, and they want it back but the legal process takes a long time to complete... it does not matter how attached you and your family is to that house... you can be kicked out.
@Victor Rent doesn't mean property/house ownership. Rent is the paying to the owner of X to allow you to live on a section of X for a continued amount of time until you either wish to move or until you can't anymore.
@@joeisawesome540 It isn't really fair to treat current residents as stealers though. Ancestral crime is much more tricky to remedy.
Is it me or does Destiny sometimes counter his own arguments? Present-day citizens shouldn't whine about having a lack of resources in order to stay where they are, but we should hold a heavy heart for those centuries ago, those of whom we never had any interactions with?
@@joeisawesome540 But A the house wasn’t built yet and many of the legal transactions already are completed
I don't understand why all these "I'm leaving California because California sucks" but then only talk about their immediate city which for almost all these people are LA or Bay Area. Yeah the state taxes are expensive but almost all the other points are "LA has high crime rate" or "LA has shitty public transportation" but idk if people know this..... LA is a county in California and is not California. It's the same as me complaining that California smells like cow poop when really it's just that Fresno smells that way.
they're dishonest thats why.
or just plain stupid and don't know what they're talking about.
and bakersfield
Destiny lost me at thinking it was wrong for someone to want to live on property they own for their entire life. PS, home-ownership is the fastest way to the middle class and one of the smartest investments you can make.
I didn't understand that. If i was smart enough or lucky enough to mk a good purchase i shouldn't be able to pass that down without my kids having to pay $100k in taxes every year?
I can't agree with that. But to each their own
@@westerngroovetv 100k in taxes? Home ownership is an investment. Most people spend 30%+ of their income in rent. A mortgage is often cheaper, including insurance. All the rent money you pay in your entire life is thrown away, when it could go right into your home. Once it's paid off, yes you still pay taxes, but unless you're in a mansion they won't be nearly 100k a year... Maybe it's different in the upper class areas in Cali or something. But in the majority of the US, home ownership is the way to go.
@@westerngroovetv People around here(NW USA) struck gold. All my friends that purchased homes ~10 years ago have had their home values nearly double. Massive equity boosts of 150K+. That's a hell of an investment. Once they're done they can actually retire without needing nearly as much saved. If the kids don't want the home they can simply sell it and it'll be $300-450k cash just like that. OR you can rent it out through a management company and have easy income for life, as it's value grows with our inflated currency.
🤑😎 based
Me too. I usually agree with a lot of his points but not this. You establish your career n lives here but now have to move? Imagine having to move and start a new life with ur family. It’s easy for destiny because he probably doesn’t have close family or friends.
With how much he complains about the presence of homeless people, you'd think Ben would actually want to do something about poverty.
How about make it harder for them to hang out on the street doing drugs and begging for money all day? The current policies make that easy and near viable form of living. If you clear people out and actually arrest them for doing drugs in public and threatening people, they're going to be that much more likely to straighten themselves out.
he's like a certain man named adolf.
he wants the problem eliminated....by "cleansing" the streets.
he doesnt see them as humans, but as vermins to be exterminated.
@@ChrisJones-vh4sw You mean just make it harder for people to get homeless by actually having a social safety net and so that they can then proceed to contribute to society, even if just by taxes, instead of your bootstraps bullshit?
There are people who would literally rather die than leave their childhood home, you see it all the time when natural disasters occur. People not wanting to move isn't exactly a far fetched thing to expect.
How the hell can you blame someone for wanting to stay in a community or area they like? Nobody said they had a right but it seems really strange to call someone out for not wanting to inconvenience themselves with moving and leaving behind comfort, memories, their job, relationships, and so forth. A bit absurd here, Destiny.
His take is so unfathomably stupid that I would take zero advice from this clown, buying a house is the best investment you can make and to say otherwise is sooo ignorant
@Guiuu Shurt boomer shit? No it’s not lol it’s owning a fucking house somewhere you can live and not have to pay some landlord for rent, you can buy houses extremely cheap in most states and why should I have to move if I like the area I’m in? Complete baby brain logic.
@@waldo865sti if you wanna live there forever thats fine... But better pay taxes then don't hold housing hostage for everyone else so that the price of housing skyrockets and no one can move there
because their children will never be able to afford to live where they grew up because there stupid fucking parents raised the prices of houses by refusing to sell or allow taxes to rise...
Are you saying that if you sell your house you have no choice but to leave the entire city? Why couldn't you use the buttload of cash you make to rent a place? That should surely last the rest of your life, and you can keep your jobs and relationships.
I wasn't able to eat a good sandwich today, but I still hope you all get to eat one!
Thank you
You can always take the time to at least eat an ice cream sandwich a day!
I had for lunch an egg white salad sandwich with sliced cherry tomatoes on 2 slices of whole wheat bread, and a side of beans
Does a big juicy homemade burger with bacon and cheese in a bun with spicy fries and onion rings count as a sandwich??
@The Sandwich Man I know this is supposed to be a form of humor, but this is incredibly unfunny.
You own the land as well as the property on it. Why on earth should the town/state drive you out of it by forcing you to payer higher and higher taxes? Its YOURS! You shouldn't have to pay any property tax at all for whats YOURS. Get rid of it, same goes for income tax. Its a pretty common life-goal to buy a piece of land, build a house, plant a tree, grow some tomatoes and raise some children that god forbid may inherit your property some day. Whats wrong with that?
I can't afford any land and that's not because of taxes; I can't even afford a singe person apartment on $22.50 an hour. In fact, it kind of seems like the coming generation is increasingly not interested in buying homes or land, or at least they view it as so hopeless they'd rather not bother.
Because taxes are the fee to the government forbthe benefits of being able to own property and under capitalism it isn't really yours
For those policy nerds in the comments look towards Utah for an answer.
“The state of Utah has therefore implemented the “Housing First” program and started to provide shelter for all in need, meaning that homeless people in the state receive apartments without any preconditions. Thanks to the Housing First program, the number of chronically homeless people in Utah has been reduced by 91% in ten years. Crucially, the program is cheaper than accepting homelessness.”
www.scoop.co.nz/stories/HL2007/S00052/housing-first-utah-ends-homelessness-and-provides-shelter-for-all.htm
housing first started in los angeles in the 80's
Those Mormons know how to do it, as wacky as they may be.
In rural areas its expected to live in the same house for basically forever. Every family knows every other family because multiple generations have grown up in the exact same homes (or at least nearby). Thats the only way to create communities. Its a wild idea to be forced out of the family home.
Destiny wouldnt be able to understand this, his son is in another state, he has a open relationship with his non-wife, the appeal of settling down and integrating into a community doesn't resonate with him. In his mind, if you're not out having sex with whoever and whatever with nothing to tie you down, moving all over the place, you're an idiot.
he has no personal values
Those kinds of homes don't tend to go up dramatically in property value that prop 13 protects them. communities most benefiting from prop 13 one ones where there's a quick increase in property value such as when a land owner bulldozes those multi generational homes for office buildings. Prop 13 has also drastically drained the coffers of those small community public schools since they get funded through property taxes.
@@Pawg_Alf I was commenting more on the mindset rather than making a direct comparison between the properties. However I would think there should be a qualifier if prop 13 gets revoked that if your family has owned the house for 3 generations and has no intention of selling they should be able to keep some sort of benefit.
Also, some people have family that all live in the same town. I happen to like living close to my family.
California made him a millionaire. And now he's leaving.
2:26 the homeless man was knitting himself a new sleeve
I had to play this video at x2 speed....
Ben Shapiro barely met a normal speed and Destiny was so slow that I emailed youtube asking for a x4 speed option.
On LA's public transportation: the issue is NIMBY's. When the purple line was announced to go from downtown all the way to UCLA and Santa Monica, Beverly Hills went berserk and recruited their kids to literally walk out of their high schools to protest the line for fears of 'gas leaks' and 'dust.' In fact Beverly Hills is the reason why route 66 isn't a free way that connects the 101 to the 405 and is just a road. Century City was literally built up vertically with the expectation that route 66 would be a freeway, and thats why its so damn far away from the 405, causing massive congestion to and from the freeway along Santa Monica Blvd and Wilshire. Another example is Elon Musk had plans to create a tunnel from LAX to Brentwood underneath the 405 until Brentwood stopped it in its tracks. Santa Monica also tried to stop the expo line from downtown and USC to the beach but failed (thank god).
We have a lot of public transportation projects ongoing right now but they're going to take decades. 2028 Olympics will increase the speed that we get these projects done, but its not enough. West Hollywood for example won't get public rail until like 2050. That's ridiculous.
IMO self-driving cars will come before all of this is finished. We should keep our freeways, and subscription-based self-driving cars can take us to work. Dedicate half the freeway lanes to self-driving buses, or 1-seat cars that are half the width and half the length of a regular car (to increase throughput, think like motorcycles side by side). Self-driving cars that communicate w/ each other will also be much more efficient for less traffic jams.
They are nimbys / hypocrites because the moment cheap housing or transportation becomes available to their area, their property values and purchasing power will plummet. In london, the moment public housing became available, property values dropped by half -although london is still london. It really does make me wonder what the right solution is.
Raise the property taxes? Lmao. All the retired ppl who paid off their homes but saw the value skyrocket and therefore their property tax could no longer afford to live in the home they paid off! Especially in SF. All the true SF who were the soul and culture the city are leaving. Easy for Destiny get up an leave the city/State you grew up in and leave it behind. It means nothing. Smh.
If they're retired, they can likely just defer the tax payments until they die. Of course, the inheritors then have to backpay them or foreclose, but no one has to get kicked out. At least, that's how it works in Texas I think.
This sociopath is literally unable to view the world through any person's lens other than his own - if he doesn't care about not having any security in life, neither should you. Imagine complaining that the American dream is dead while simultaneously arguing that it's a good thing that people can lose their lifetime's work to chance.
The only thing Destiny manages to care about is money, he is completely unable to relate to culture, family or other sentimental sources of motivation.
Even using his own arguments, it's incredibly flawed logic. When justifying the moral premium he places on his belongings, he uses the argument that "you put your life/time into earning/having that", yet he can't see how the same applies, to a much greater extent, to the home you plan on growing old in...
@@korbinianring9422 I don't get this complaining... It is hitting the jackpot when your property skyrockets in value and than complain about your tax increasing proportionally.
@@Featherman I'm American. I have no cultural, family or other sentimental values - money is the only thing that could possibly matter in life, ooga burger booga
@@korbinianring9422 ooga booga my entire culture and being results uppon my house. We live in a world where you have to pay for things. So even tho you might wanna live in a villa, you need the money to get there..... In this case you need the money to pay your taxes
Imagine saving up your whole life, finding a nice house and purchasing it, then forced to move because you can no longer afford to stay in it
For real. I get that maybe the economy in the US incentivizes selling your property after it took some value, but I don't think anyone should be forced to do that. Some people want to have a stable life. Not everyone can be a streamer, where it really doesn't matter from what state you play video games. Some people want their kids to grow up in a stable environment or stay at their job for a long time. Some people just love the city they grew up in and want to stay.
Imagine working at a company your life that doesn't provide you with a proportional raise over time relative to the cost of living. And so your individual solution is to hoard the wealth you have accumulated by making it incapable for other more competitive labour to live in your city...
@@TheSwiftMonster if you don't work in tech ur not gonna get those kind of raises. That's the sector that went to that's controlling the housing market. Other businesses can't afford to pay all their workers $100k or more.
California is like the richest state and our public transport is so trash . Especially compared to like europe
Yeah us britbongers have got it really good with public transport and the NHS. Even if I have been booked on Christmas again.
True but there’s more to it than that. America is HUGEEEEE. The amount of space is mind boggling compared to cramp ass Europe where you have to half park your car on the sidewalk because roads are too small. Public transportation is difficult when things are so spread out and roads are more convenient.
@@rachelrust America has cramped ass cities and should have better public transport there, functionally nyc subway is a good example. Although it should be modernized at this point.
European countries are small and everyone live close to each other. Public transportation doenst make sense in huge states with sprawl.
I like that Destiny calls this a “dumbas video” and agrees or concedes to every single point Shapiro made lol. Deep in Destiny’s soul he hates sooo much that he agrees with at least half of Shapiro’s ideology lol.
What does this have to do with Shapiro's "ideology"? What does that even mean?
Careful, you'll drive all the clueless hasan stans away that haven't already left if you let out his secret
@@xXAscendingPhoenixXx Ideology consists of ideas that help to form a persons political and economic beliefs among other things. Destiny agrees with Shapiro in many of these areas. Not sure where you’re getting lost unless you just don’t know what “ideology” is....
Destiny would NEVER debate Shapiro. Shapiro would absolutely destroy every leftist argument Destiny can come up with
Destiny isn't a leftist.
rent over buy? but why? buying is an investment and seems more flexible than flushing cash down the toilet every month in rent.
Not sure what you mean by "more flexible".
@@Thedamped flexible monetary wise. you can sell and reinvest that capital into something else. you don't have that option with renting
Destiny is someone who likes frequently traveling and living in large cities so to him it's definitely dumb to buy property. However, if he's extending that to his audience or general public then it's definitely a dumb take.
@@DistantKingdom As someone who owns multiple properties and makes his income through management of those properties, I respectfully disagree. There are certainly advantages to buying over renting and renting over buying. And in different circumstances one is better than the other for an individual.
But flexibility is in the favor of renting. In fact, I would say that's the major advantage of renting. If you aren't stable financially, and if you aren't sure you are going to be happy living in the same place for the next 5+ years, you probably shouldn't buy.
The example you give of being able to reinvest equity, is just money you made by sacrificing flexibility for many years.
Property Investing means buying and selling. If you buy a home with no intention of selling it, it’s not a investment anymore it’s just property. And if you’re house costs $1 million dollars, your taxes should reflect that.
Destiny’s take on homeowners gave me cancer. Buying a house is one of the best investments you can make
Yeah this destiny's exact point the money you save by renting instead paying a mortgage can go to investing and you come out way better in the long run
Homeless people from all over the united states migrate to the south like, Miami, Los Angeles. LA Being the number one choice, so the problem is not LA but the whole USA! Think of it like this, would you rather be in Chicago Homeless in bellow 0 cold, or make it to LA? The choice is obvious, the solution is insanely hard, as the political system in the USA is fix it yourself or die! There is no short term solution, and our country is already a failed state, so take that as you will!
Amen. CA does have homeless shelters, but we don't have sufficient numbers. Why? All the homeless are coming to California.
I volunteered at one and we are pretty much overbooked. We even took the extreme of converting some hotels to homeless shelters.
Homelessness needs to be addressed on the National level, cause if its just on the state, guess what? All the homeless would migrate to that specific state that is trying to address it.
Destiny is so wrong on owning a home - people want to own a home to add stability in their life, they want to grow roots, have a solid base to raise their children, be part of a community - homes are not just about making money, it's not just an investment - that is such a narrow viewpoint.
Destiny, summarising his view on Prop 13 = "Gentrification is Cool"
Destiny: "I don't know why homelessness is such a big problem."
Destiny one minute later: "If you can't afford your house then get out!"
80 yr old receiving social security based on a salary from 30 yrs ago: *dies homeless*
@@A2N2Drew If you literally can't afford to pay taxes on your assets because it's worth so much money wouldn't it be better to just liquify the asset and move somewhere else with a cheaper cost of living. There are plenty of "middle-class" houses, especially in LA that would be valued well over a million dollars.
@@A2N2Drew except in one case people are being homeless due to mental health issues while the other is some dude that sits on a huge assets and refused to liquidate it. Do you see the difference? One side is people struggling to live because they can’t get appropriate help while the other side is just some dumbass that sits on a giant check and refused to cash it.
Sometimes a house isn't just a house.
@@LtDeadeye I assume you mean this in a sentimental way. I do agree that a house can have emotional value for people but it doesn't make sense to screw over everyone else by not paying taxes on something you can't afford to have right?
the whole always rent over buy thing kinda baffles me... idk what it's like in the US but in the UK rent will be like double the monthly cost of a mortgage and you see people stuck in the renting loop in developed cities until they eventually manage to become a first time buyer at like fuckin 45, it's crazy... the message here is get the actual appreciating asset and get it ASAP
Note that he didn't really say always rent over buy, he said "if you have to ask, yes". I'm in the US, I own a home and have a few other properties that I rent out.
IMO you need a couple things for buying to better than renting.
First, you need to know you are going to be happy living there for at least the next 5 years. If you end up moving in two or three years, you generally lose more money than you saved. There are a lot of fees associated with a purchase. And it's not as simple as rent vs. mortgage, with owning, you also have property taxes, home insurance (vs. much cheaper renters insurance), and regular repairs. So the margin is a bit slimmer than it looks at first glance.
Second, you need to be pretty financially secure. If you lose your house to foreclosure because you lost your job, you generally lose a lot of your equity, if not all of it. Also, you accept a lot of risks by owning, if your A/C goes out, certain plumbing problems occur, foundation or electrical issues, etc. any of which could easily be $10,000 out of pocket. For people living paycheck to paycheck this could be a serious problem.
If you meet those criteria, you get a good deal on a house in a reasonable area and get a good loan, I think you'd probably be better off.
I've wondered about this before and it seems like there's just a difference between the US and other countries. I live in Sweden and many people here consider it incredibly stupid to rent as it's characterized as making money for your landlord. I personally rent but I do feel a creeping anxiety that if I'd want to but in the future I might not be able to.
Also, I think the 2007 recession had a much more severe impact in the US that made many people aware of the drawbacks of owning. In Sweden I think many people still live under the illusion that property values simply cannot go down. Owning is talked about as a "housing career" where you just make money and buy bigger indefinitely.
@@davidmontgomery1442 Interesting! What you describe definitely sounds more similar to where I live. And I guess I mostly hear these "owning is dumb"-takes from Destiny so that of course influences me.
@@momijinohanako I dont think he says that owning is dumb, he only thinks the people that say homeownership is always better than renting and some awesome way of making money is dumb.
Because I'd rather put the 20k+ down payment in the market. It's a much safer investment and i have no desire for more space at the moment.
I hate ben Shapiro but can you blame him? 🤷🏻♂️
Yes, just move out of LA and go to san diego or orange county
@@Ryancamron3342 Then you'd still have the ridiculous cost of living and taxes.
Destiny: *mishears what ben shapiro says*
Also destiny: *speeds up the video faster*
Destiny’s worst take ever.
Also he quit watching the video - because he lowkey agreed with Shapiro and didn’t want to talk about it. Cringe.
Notice how this comment contains no argument.
Destiny solution to everything is to raise taxes. California already has the highest tax rate and it’s still flooded with problems.
and debt
Raising taxes is never a solution, it´s a tool. What the state does with the money is what matters, raising taxes gives the State more opportunities. Apparently California has been shitting the bed on that front.
Root Capable Oakland, SF, Stockton, LA, Fresno.
*do you realize that if property taxes go up then so will rent?*
This is going to screw over home owners and renters.
Year-to-year increases in property taxes force you to actually make use of your land if you're going to own it. Look 2,000 feet from the Staples center and you'll see single-floor suburban neighborhoods with yards - chain link fences, dead cars in the front lawn, etc. They're valued in the millions.
It wouldn't be possible to keep them like that if their taxes reflected their value. Owners would need to turn them into multifamily units that could house more people.
@@DoubIeKiIl it’s their own private property. They can do as they please so long as they respect the NAP.
It’s not fair that I have to pay more in rent because people want to keep raising property taxes. How am I supposed to be able to afford a home if it gets harder and harder to afford rent? You see people in California complaining about the price of rent going up every year. Prop 13 is part of this problem.
People of California: Good riddance.
I'm no Shapiro fan, but California sucks. Overtaxed, overcrowded, ridiculous cost of living, insane homeless problem etc. No thanks.
@@palaven4048 True. The cost of living and overcrowding are the main reasons I moved up to Washington state. It's not exactly cheap here but it's definitely a lot more affordable than CA not to mention less crowded.
@@palaven4048 I have no idea how California is, but how long has it sucked? It's so bad, but people like Ben Shapiro and Tomi Lahren live there despite it being largely left leaning.
@@palaven4048 I'm also from california, its really has gotten so much worse.
@@GO-GO_SO-SO It definitely has it's shitty parts but it's also an amazing place. I live in the bay area and it's great that you can change scenery with only an hour drive. Lots of variety. You get paid above average usually but of course the cost of living can really make that non factor. It's probably in most cases not the best place to grow old or perhaps raise a family unless you've done well. Very expensive to have a family here! (Leaning towards the larger cities) I think it's a great place to experience when you are young and want to experience life to the fullest and compete in the industries that California is known for. It will definitely put you through some shit. If you prefer a simpler life, then there are many other states that fulfill that and I'm sure it may be something I'd want in the future.
Jokes aside, one of the best ways to combat the weird problems we run into with housing is to tax land and improvements at different rates.
By taxing the actual land at a much higher percentage, you effectively subsidize vertical improvements to properties so that more people can live in a city that is experiencing growth.
@@SomeoneGreenPlane a lot of ppl in California don't care. They just dislike home owners bc they are winning right now. But a lot are also the same ppl crying about their rent going up. They should have same rent for 10 years.
Soooo, has anyone else watched the Why Not to move to Nashville video(s)? It's not crime or homeless free either. Education is actually really bad there and extremely under funded too. Republicans all fleeing there can also deal with the crazy bumper to bumper traffic. Tornados and floods are a hoot.
Yeahhhh this was a bad take (EDIT: Prop 13)
I'm more than certain he's leaving so he just pays less taxes and can appeal to more conservatives by claiming he's just like a rural farmer that totally didn't grow up in one of the richest areas of the world.
@@abdullahx8118 Nope, Cali is superior to Florida, only people leaving are crazy Republicans
@@dragonflarefrog1424 i wouldn't say its superior. But i also wouldn't say America is superior to other countries. It just simply depends on what you value.
If you are into guns and feel the need to conceal carry and you want a home with land for a reasonable price California may not mk sense to you.
To me there's good and bad things here. And if i listed those things there would be ppl who agree and disagree just based on what they care about.
This should be why not to live in Hollywood*
The affordability issue is all over CA.
I left CA for that exact reason.
@@FuddlyDud Not true at all. Homes outside LA are much more affordable but go off.
@@xXAscendingPhoenixXx
So you mean the counties further inland?
Yes, they are less urban so cheaper, though still suffer under the same state taxes.
I honestly don't see how I said is "not true at all."
You can read for yourself:
reports.nlihc.org/sites/default/files/oor/OOR_BOOK_2020.pdf
Actually a man spent over a hundred thousand to make huts on wheels for the homeless the city decided to repo and destroy them all and left nothing in its place
You’re wrong about Prop 13.
Prop 13 is only for commercial above 3 mil so doesn’t even effect regular home owners
I mean, yea, dealing with homeless people sucks. But WHY are there so many homeless?
Because California loves their nimbys
We used to criminalize and actively arrest people for street pooping, sidewalk tents, public drug use, etc. Now we don’t.
See the difference?
Because of something Ben Shapiro and other conservatives will never understand: generational poverty.
Poverty breeds more poverty. And most people stay in that poverty for their entire lives. But Ben thinks this can be solved by simply "making better choices". It's idiotic.
@@RolaiEckolo >My other conservatives.
Nice try, Schlomo.
Me: thinks of the South Park parody of California Love about the homeless
Destiny: "Why is there so many homeless people in LA?"
Also Destiny: "Fuck Prop 13"
The time it takes to make that 1.8 million you have grown older making you less employable which makes it harder and harder to just pick up and move. Trying to start over again at age 50 is very fucking hard. Forcing people to leave is the surest thing to create a massive homeless problem and squalor's. The more in taxes you are forced to pay will make less money for education which will drive up drug use, crime and domestic abuse... Also Destiny in the past: "people having to go and get voter ID's is racist because people might not have time in their busy day to go 10 blocks" yet seems to think people are able to go interstate and look for new homes and job opportunities. Raising income taxes isn't bad for wealthy people and even property taxes for commercial use but for housing that is a bad move.
Just imagine renting a house, you work two jobs and your jobs are 15 mins in one direction and second job is 15 mins in other direction, property taxes go up and up so you now have to move an hour or more further away, now you spend 2 hours in transit to work two jobs. There's no point going home if there's a break between jobs so you could be away from home 20 hours a day. I would say fuck that and start selling drugs instead... Destiny you are INSANE!
BTW I'm not a home owner.
A millionaire is not going to have trouble moving. You’re applying lower to middle class logic to wealthy lifestyles and it’s just not the same. That level of money affords people the ability to pay others to handle the intricacies or moving and finding a new home.
@@ChronicDreamer1st millionaires account for a small percentage of the population. 90% of the population are going to be badly affected by this. Did you know that about 30% of people that come across a large some of money either through inheritance or lotto end up broke within 10 years? "Millionaires can just pay people do do those things" is the exact kind of money management that causes people who have a million dollars and think that can get them what ever they want without a care in the world, good way to end up broke. Look at all the sports stars, rock stars, porn stars that end up broke because they didn't invest in their future. The reason for them going broke quickly is because of taxing assets rather than income. When the money stops flowing in the money starts flowing out just as quick and before you know it the debt that has accumulated is larger than any profit that you could make selling your assets.
My question to people like yourself is why should people with large amounts of wealth care about the poor when people like you just want to ruin them and like Destiny seem to hate them?... I'l put this another way, if someone is trying to murder you would you care if they die themselves? No you wouldn't, you would be "fuck them". You need to show respect in order to get some respect in return.. I'm by no means wealthy, but I don't care that Bezos is a billionaire, good on him. But the way I see it is the more things you own the more your things own you.
As a California born and raised but does not live there anymore, yeah the homeless crawling around all over the bay area is annoying.
Property tax is based on a percentage of value. If the value increases so do the taxes.
Damn rentoids triggered, I wonder if the guy was being serious when he asked renting over buying, bruh always buy if it makes sense to lel
Don’t listen to them about Carmel. It’s like walking into a hallmark movie. Everyone is white or white passing, folk music and dad rock is everywhere, and the food has no spice.
It’s quaint and the weather is lovely, but my god is it boring.
The high land tax could be one of the reasons why there are so many homeless people. Rent will rise, restaurant have to pay higher tax meals etc.
Good for him if he’s unhappy and doesn’t feel like it’s a good environment for him or his kids it’s best to find another area. Hopefully he settles nicely wherever he goes & good video again hope you’re doing well boss.
Wow didn't think I'd disagree with Destiny but saying fuck homeowners and increase Tax rate won't help. He proposes to rent as a solution but somebody still owns that apartment you rent and if the government will increase the tax on the property the rent will also increase because landowner wants to make money. A landowner who rents most likely doesn't even lose any money when tax increased. You can't ask for lower rent and higher taxes.
However, I do agree about selling the property and moving if you're priced out by the growth in value. In the end, you lose something sentimental but you're compensated for it.
La's plan is to not have one. Graham Stephan actually addressed why housing is such an issue in his leaving California video.
And the problem with Californian property taxes is their appraisals. Realizing that appraisal isn't necessarily realistic.
Grandmas house is appraised at 450,000 by the county.
Private appraiser appraised it at 180,000 (which is what I told her before a private appraiser came in.)
Destiny kept saying they should leave in response to the tax issue. Like uhhhh yesss 😂, that’s what people are doing. People are leaving California genius that’s kinda the point of the video you’re watching.
A debate between Anthony Kiedis and Ben Shapiro on whether California is great or not
Whether*
@@Outplayedqt weather*
Moderated by Brian Wilson
Moderated by Brian Wilson
Destiny is right. If you have a property taxes not going up, then you can't have enough money to build a new school. Say a school goes for 10 million. Well now because of land prices, it's now worth 100 million and you have even less money to pay for it. Need workers to care for the homeless? Well a living wage is going to be a lot higher due to property values. This is why the rest of the taxes are so high. They need the same money somewhere elser.
I don't know why Xanderhal moved to California but if he'd be there rather than Florida then Florida must be hell on earth.
It is.
Hot. Searing Hot Death🔥🔥
Where are you getting the idea that California is a bad place to live? If you have the money, its better than most places. If you don't, I hear you. Its way too expensive to own a house.
Wasn't he being fucking abused by his parents back in Florida or something?
@@birdo1180 Yeah exactly, if you're an average person pretty much an other state is better.
Yet it is one of the fastest growing states.. and personally I love it here.
Prop13 is a huge boost for golf courses as well. They have 2 million acres and pay the same taxes they have since the 70s. It's nuts
sorry but shapiro is right on this one
On what?
@@travishimebaugh8381 this one
@@NocturnalNick Oh. _This_ one?
@@travishimebaugh8381 Yep
@@bladddeesa ehhh, I don't agree. I think he had some good points, but ultimately I think on this one, he was wrong. On that one however, on that one, he was definitely right.
1:50 the main problem with homelessness in LA is the city's end goals. They aren't trying to just give people a simple place for them to live just to get them off the streets, they are building what are essentially subsidized apartment complexes. this is a consequence of NIMBY and the regulations around building residential living spaces. Most areas in LA don't want homeless shelters to be built in or near them and the cost, red tape, and agenda of the city dictates that the "shelters" that are built are basically apartment complexes, which are cost inefficient and the supply of these housing units remains remarkably low relative to the homeless population. Then you can get into the conspiracies around it: contractors want to build these types of buildings as it makes them more money than just simple homeless shelters, and a moral hazard arises due to the fact the city is essentially giving out free or subsidized/heavily rent controlled apartments. and none of this even touches on the macro economic conditions that started the homelessness problem in this country in the first place (the recession, automation, etc.)
This was the most ironic and uninformed take I've ever seen Stephen make...
I have never disagreed with Destiny before - but today I disagree with Destiny on Property taxes.
M A N I F E S T D E S T I N Y
That's prop 19. 13 is to raise commercial and industrial taxes
Oh, Solvang is the “Little Denmark” of California. It’s a pretty cool place ✌🏼
Kingsburg is/was a Swedish enclave in California.
Was living in Santa Barbara for 10 years, Jesus fukin christ is it expensive.
Imagine moving to LA for content, only for everyone to then move. That probably contributes to why he is so mad when LA is brought up.
Destiny: *puts Ben Shapiro on 2x*
Me with my cursor hovering 2x on Destiny's video *I know what I have to do but I don't know if I have the strength to do it*
It‘s 1.5x 😊
Even if public transportation was made free in LA people would still be driving their cars.
Prop 13
*Vaush triggering intensifies*
DO YOU KNOW HOW HARD IT IS TO MOVE?!?!
The US has a terrible terrible homeless problem because they have a very small social safety net.
I mean if you are uninsured and get a bad medical problem you can end up homeless. There is no other major wealthy nation in the world where that happens
Sheesh, this Prop 13 slippery slope argument against CA's current Prop 16 is maddening. Prop 13 was never meant to apply to commercial properties, and Prop 16 simply closes this loophole. That's it. It in no way impacts residential properties...unless you buy into this fallacious slippery slope argument.
That being said, I disagree with Destiny on Prop 13 when it comes to residences. While it can/should be amended, mostly to incentivize Cities/Counties to build more residential (currently it somewhat discourages it), overall I feel it's done more good than harm over the decades.
Sure...if your already a home owner it’s been great. If not it’s been a really problem. You can’t fix homebuilding with prop 13. With prop 13 the local infrastructure expansions required for new housing development get shifted into “building fees”. In cheap areas those capital improvement fees are 40k plus added to each new house. In the expensive areas it can be 60-90k in fees. Those fees exist because there is not enough long term property tax revenue from new housing to properly fund the costs of expanding roads, sewers etc, because of prop 13. Prop 13 is one of the largest drivers of the housing affordability crisis in California. Prop 13 displaced the costs that would be covered by property taxes, which are fairly stable, and moves those onto “user” fees which are only paid by “new” people and are highly unstable in recessions. That instability also drives many of California’s fiscal and political problems. Prop 13 has made a mess out of California for the benefit of older existing homeowners and to the detriment of everyone else.
I wish they would stop with the quota bs. I have been a member of a political party before I could even vote and in party elections I have voted for women not because they're women but because I thought they were the most suitable/competent and represented me the most.
My party's rank-and-file voted for a woman to lead our party in our state over a man - and the man was the favourite and he had lots of endorsements from the 'establishment'. I thought he was too much of a head office type and given corruption scandals in recent years this was not good. The woman had been the target of coordinated smear campaigns in the past bc she had the integrity stand up to corruption. She grew up in the country and I thought she was likable . She got like 90% of the vote. More and more women are ending up in positions of power and not because of quotas. Women are smashing through glass ceilings on their own. Honestly I couldn't careless who is on a corporate board - how bourgeois is that! 99% of people never will be. It should based on merit, and if a company doesn't elect the most competent to the board then that's the company's loss.
Destiny brings up Natives in a monologue about property taxes. You can't 'steal' land from nomads who didnt establish permanent settlements.
How is it fair that my 82 year old grandma who is on a fixed income and payed off her home decades ago should have to sell her home and move away from all of her family she needs because the state decides to tax her based on the current (inflated) value from tech companies flooding her area? How can anyone plan to settle anywhere or plan ahead if the taxes on their home go up forever?
I like how he actually doesn’t disagree much with Shapiro in these points
Neither do i honestly lol
Listening to Shapiro talk fast it's kind of annoying... then destiny decides to speed it up thanks a lot
>If you're in the top marginal tax bracket you might pay 54%!
Oh nooooo what will I do with my top marginal tax rate income
A lot if Irish people died digging the UK underground
I sure hope that "if you cant afford your taxes, leave." was ironic sarcasm based on some of shapiros "just move" comments earlier. Otherwise....wtf. You just got out of your mouth how there was a ton of money in the budget why cant they do anything about homelessness...
He didn't sound sarcastic to me, unfortunately. But I think Destiny didn't entirely think through what he was saying there.
I have no right to live in my own homeland if the prices rise to such a point it becomes unsustainable? That's nonsensical. Obviously the administration is tasked with ensuring Californians can continue to live and prosper in their own homeland, not just let market forces drive them out of their homes.
4:35 I left because I thought what Destiny said at this very moment was completely true , the people there, the government, all of them DO NOT actually care about me only how much more they can tax me
I can't imagine having to move because taxes are going up. It's comparable to having to quit your job because taxes are higher than your income. You can claim for a thousand years that it's beneficial for the city or state or pope but none of that has any bearing on the personal toll a move can have. I know you have no sentimentality but selling your family ancestral home because the government wants more money from you is a shitty way of gathering resources.
Destiny the sell your house thing only works if someone is willing to buy it...
Why is it better to rent instead of buying? Genuinely curious. When you buy something isn't it your asset you're able to sell off later on?
it's really a question of where and when. You have to gauge whether or not equity in a home is going to appreciate at a higher rate than equity in SPY, S&P500 index, or ETFs. There are a few videos on renting vs buying that talk about this.
Not even taking into consideration risk or market conditions.
@@derrickng4017 Appreciate it, thanks!
Buy in LA, NY, SF, etc. Don’t buy in the middle of Nashville Tennessee.
@@MrRobloMan Other way around friend.
Ben Shapiro sped up sounds like Ben Shapiro
So, wait, he's forcing all 75 of his employees to relocate with him to keep their jobs?
The business is moving due to various reasons, cost being a significant one, and the employees are making a voluntary decision as to if they want to move and keep their job in a town with dramatically lower cost of living, yeah
@@zhaoziyang-c5h Okay. Like, a spokesman talked about it or something?
no one's forcing anyone to move anywhere. Only California
No . Way to try to discredit him though with a stupid comment
@@travishimebaugh8381 I mean, is the business supposed to stay in an area where its less profitable when it can move to another area?
In Canada my dad won huge vs the government who tryd to tax his house as a million dollar home when he bought it off the brothers who made this Mansion for 200 k after winning the tax value is not what the government says it is it's based on what you paid for it
1:50 the plan is hard to understand because there is no plan
Why do all these people who constantly bitch about how terrible California and New York are, also refuse to move from those places? Ben isn't like most people. He's rich, he can pack up and leave for somewhere more conservative. Which he finally is doing I guess.
I think Destiny didn't really make a lot of rational responses to this, a lot subjects brought up by Shapiro are hard to refute when they are quality of life and unnecessary taxing problems.
His hatred of Proc 13 send kinda short sighted as well, lot of people want to settle where they were born or where they buy their homes. The fact that you want property tax to keep going up as time goes on sounds antithetical of the idea of a community. But okay.
I'll agree that homeowners problem aren't a demographic to listen to like associations and and such but like damn.
This video really didn't have a lot of value
The Prop 13 problems he was complaining about were taxes increases when general property values increase which isn't the result of individuals and is about people not wanting to pay higher taxes on a specific house not living in the community in general. (Which seems to be why he fixates on the born at the time and property the owner did litteraly nothing on)
He seems upset cause the problems with the general housing market are that people aren't willing to make the sacrifice to move somewhere else like an area (nearby within the community) with a lower property value even though since the property value went up you litterally could sell your home and move nearby and still own a home (assuming people stop listening to homeowners as policy makers for the housing market and they instead invest in lower to middle income housing)
@@SanvelloSerapiega
I understand it was a subsection of the policy I just think that complaining about people complaining about hight taxes on owning their home is kinda nonsense because not everyone that plans to own a house is going to sell it. So why should a policy be broadly applied for the sake of such. Buying a home for the purpose of having it for a generation or two in the family and you think people won't vocally anounce disdain?
It's like saying once you buy a car as long as it's in operating conditions and runs with no issues you pay increasing property tax on it rather then based on depreciation.
I'm sure somewhere there's a general rule on a paying more because say you own an old car model and it's worth a lot now but I could be wrong
It's just weird that you as an owner have to pay increasing taxes on things you bought to own and it goes up.
It's almost like most cities and state governments don't know how to budget or allocate their funding and have to come up with more ways to get tax payer money.
I'm from California visiting Austin Texas right now. There's a fuck ton of homeless people here too. I don't know if it's exclusively a California issue.
Destiny basically said this is a major city issue not a california one
"Should you be *allowed* to live somewhere you've lived your entire life?"
Destiny showing that slick authoritarian side.
Ben Shapiro starts off by saying he hates poor people lol.
Why should you sell your own home becuase of property tax?
Land stolen off natives? Why should they be unhappy now they dont have huge taxes to pay on it. By your logic they are better off.
Basically you have an anger problem. Its too much to listen to bro. Calm down,