Pass a state law preventing institutional investors from buying homes that were supposed to be for middle class people. I see it first hand in my neighbor, they bought the home for less than $400K, they just cleaned and with few touch ups, they sold it for over $500K to another buyer. It is ridiculous that they are ripping of both the seller of that home and the new buyer.
@@REACTIONSUNLIMITED look up Austin and San Antonio Empty homes, brand new homes that can't sell or rent, no buyers in them put a"NO FLYERS" RESTRICTION AROUND THE FOOD BANKS because I don't want the world to be able to film miles of people in the line for the food bank and all those empties homes and apartments and investors starting to suffer. Too late for state Law, they're dealing w Gods punishment and the one thing they can't live without making money.
I remember in 2012 reading ads out of the supermarket, I was 21 years old, studios for $400, 1 bedrooms for $600, 2 bedrooms for $800. In my head, a 1 bedroom is still worth exactly that, $600.00 a month.
Homes need to be for families not corporations or foreigners that isn’t their primary residence until inventory improves and prices are down no houses for rent
Get to the root of the problem. Stop large commercial investors from buying up thousands of single family homes to rent out. They are what's causing housing shortage and huge price increases.
It's not supply and demand, it's that no one wants to live in dangerous neighborhoods, if Detroit neighborhoods were safe many would just go there. Drugs, gangs and crime in this country are finally taking their final tole, and that's not just among the poor class but the rich as well. Really think for a moment, if all of those hoods were completely crime free, there would be plenty of housing for everyone.
REAL PAGE is a big part of it and there are seven states suing them right now they're a multimillion-dollar investment firm and when homeowners and complexes sign with them and they price fix for profit but if everybody broke and can't afford rent and laid off they ain't making no profit no more that's why complexes are half empty.
I guess the question missing is why do we have such a glaring need for Low-Income housing. Has their been a demographic shift where people are moving back into cities which drives up the price of housing. Also, help people develop job skills and or to educate themselves so they don’t stay low-income for life.
That's nice that you keep it affordable, but there's something wrong with a system that lets individuals and corporations buy up so many homes for investment, especially during a housing affordability crisis.
It's like this in Canada too. I'm just finishing up medical school stilling living at home. I'm starting to look around at housing but I get so depressed from sticker shock that I just stop looking. I figure I'll have to be well within a medical career before I will be able to buy a home. It's really sad that government regulations have literally stopped housing developments.
Should we reward failure And punish success/the financially responsible. I work hard and have repeatedly made personal and financial Sacrifices but yet I don't qualify for this or any of these programs .But yet people who have not made the same Sacrifices or acted with the same degree of personal and financial responsibility are rewarded.
I agree... I know what you are saying. I think these programs should only be a stepping stool to get back on your feet and not be dependent on them. I remember when we hit hard times during the great recession, and we were denied any help, so we continued to sacrifice and make ends meet. So I totally understand what u are saying.
Stop trying to make yourself feel better because America sucks at everything that matters. You've been reduced to victim blaming little old ladies. Good job.
I know how to fix the housing problem in America. Invite millions of people to come here every year (both legal and illegal), and allow corporations to buy huge swaths of available units to rent out to the plebs. Oh, wait.....
No. Affordable housing means a person working a median-wage job can buy a house that is 3-4 times her/his annual income, just like it was when real market forces were in play decades ago. Not "we're only going to give the poor people $ so they can spend like an average person"-meanwhile that enables rent and prices to be continually jacked up artificially. Increase supply, stop letting zoning laws and NIMBY weenies stand in the way of building, stop allowing increasingly longer term mortgages so the banks get fatter, dumber, and happier at the expense of everyone else, and get rid of the damn national association of realtors. The median-wage worker should not have to pay 8-10 times annual income to afford housing. Giving free money to artificially support high prices makes things worse-fix the real problem with the previous sentence. All this crap does is sort of fixes the poorest people-prices jack, and now you have a new higher-earning segment that is house poor or overburdened on rent. Give those folks money and next is the next higher earners, etc. Do REAL affordable housing, not a government scam.
I just bought 17 houses and I am keeping them empty bc I don’t trust poor people and I’d rather wait for a higher offer to sell them at a higher price.
It’s only going to get worse. Wait and watch. Rents and home prices will only keep rising due to Fed Balance Sheet shrinking, quantitative tightening, and lower interest rates forecast sometime next year (around 3.5% Fed rates).
Property taxes are killing those who own their homes too!
Wait! The city of Atlanta spent $50 million to build 40 housing units? That’s insane!
That is insane
They have the same setups in African slums!😮😂 Watchout for the roaches! 🪳
They spent about $20M and LAUNDERED THE REST BACK INTO THEIR POCKETS
Shipping containers.
Pass a state law preventing institutional investors from buying homes that were supposed to be for middle class people. I see it first hand in my neighbor, they bought the home for less than $400K, they just cleaned and with few touch ups, they sold it for over $500K to another buyer. It is ridiculous that they are ripping of both the seller of that home and the new buyer.
@@REACTIONSUNLIMITED look up Austin and San Antonio Empty homes, brand new homes that can't sell or rent, no buyers in them put a"NO FLYERS" RESTRICTION AROUND THE FOOD BANKS because I don't want the world to be able to film miles of people in the line for the food bank and all those empties homes and apartments and investors starting to suffer.
Too late for state Law, they're dealing w Gods punishment and the one thing they can't live without making money.
$1700 for a one bedroom is insane. Especially compared to the average income
Blackrock is demonic
I remember in 2012 reading ads out of the supermarket, I was 21 years old, studios for $400, 1 bedrooms for $600, 2 bedrooms for $800. In my head, a 1 bedroom is still worth exactly that, $600.00 a month.
@@astrahcat1212 I hate this place
I just moved in my car 2 weeks ago I can’t longer afford the high rent cost and I worked 2 jobs!
What city do you live in?? And how much is the rent for a 1 bedroom??
Praying you find safe, suitable and affordable housing soon!! God bless!🙏🏽
The average people pay for rent is way more than 30% of their income
I agree. That statistic they showed was WAAAAY off.
Homes need to be for families not corporations or foreigners that isn’t their primary residence until inventory improves and prices are down no houses for rent
This is just madness.
Inflation. Food, houses, utilities, house prices, etc.
Homeowner here mortgage interest taxes and insurance are burying us.
Get to the root of the problem. Stop large commercial investors from buying up thousands of single family homes to rent out. They are what's causing housing shortage and huge price increases.
This is why I live in my car 😢
I live in a hotel
@@dionbrooks4981Waste of money dude
I hope things get better for you guys. I couch surf between my family's apartments
I live on earth!
Got to get into a bed, even a tent is better than a car, you don't want rib and back issues.
It's not supply and demand, it's that no one wants to live in dangerous neighborhoods, if Detroit neighborhoods were safe many would just go there. Drugs, gangs and crime in this country are finally taking their final tole, and that's not just among the poor class but the rich as well.
Really think for a moment, if all of those hoods were completely crime free, there would be plenty of housing for everyone.
Average cost for a home in Hawaii is 1.2 mil.
Tisha Powell!!! Nice to see you again!!! Raleigh misses you!!
REAL PAGE is a big part of it and there are seven states suing them right now they're a multimillion-dollar investment firm and when homeowners and complexes sign with them and they price fix for profit but if everybody broke and can't afford rent and laid off they ain't making no profit no more that's why complexes are half empty.
15 property managers incl. REALPAGE in D.C. are now being sued for 'conspiring to artificially raise rents'
No you don't say..
As an investor, you have increases because of skyrocketing insurance and property taxes.
GREED IS AT THE ROOT OF IT ALL!!!!
@@Yasmine91646 you are no longer on a plantation. You have to make it happen for yourself.
the reporter is pretty and very classy looking
There's a racial aspect to this mess but no one wants to talk about that
Racial and social class aspects.
I guess the question missing is why do we have such a glaring need for Low-Income housing.
Has their been a demographic shift where people are moving back into cities which drives up the price of housing. Also, help people develop job skills and or to educate themselves so they don’t stay low-income for life.
Simply wages have not kept up with inflation.
I think it’s because zoning laws discourage development of housing. Bottom line: it’s just not economical.
That female reporter is gorgeous. Just saying...
I was thinking the same thing when I saw your comment lol.
I'm not complaining about having a mortgage of $1,800 in Las Vegas.
Ouch!!
I have 5 rental properties just bought 2 more I always make sure tenants can afford it
Thank you for your kids and heart. Thank you for not being a scrooge as most of the greedy landlords
That's nice that you keep it affordable, but there's something wrong with a system that lets individuals and corporations buy up so many homes for investment, especially during a housing affordability crisis.
It's absolutely SICKENING how a BAISC NEED is being used as a VEHICLE FOR INVESTMENT for GREEDY PEOPLE
Corruption.
It's like this in Canada too. I'm just finishing up medical school stilling living at home. I'm starting to look around at housing but I get so depressed from sticker shock that I just stop looking. I figure I'll have to be well within a medical career before I will be able to buy a home. It's really sad that government regulations have literally stopped housing developments.
the result of capitalism
WOW! A TRULY GORGEOUS WOMAN!!!
Thank you
$1,100 per month for a studio is NOT AFFORDABLE, ATLANTA GUY!
Why does it sound like someone's chopping wood?
Should we reward failure And punish success/the financially responsible. I work hard and have repeatedly made personal and financial Sacrifices but yet I don't qualify for this or any of these programs .But yet people who have not made the same Sacrifices or acted with the same degree of personal and financial responsibility are rewarded.
@@Rayjack-m9o that makes no sense
I agree... I know what you are saying. I think these programs should only be a stepping stool to get back on your feet and not be dependent on them. I remember when we hit hard times during the great recession, and we were denied any help, so we continued to sacrifice and make ends meet. So I totally understand what u are saying.
@@sheldonhollis5258 It makes perfect sense!
I think the COVID crisis had a lot to do with the high rent. Landlords got screwed when people didn’t have to pay. They’re getting it back now
One thing we can be sure of is that we have a housing Depression.
Well, isn't this kind??!!...🤗🤗🙂🙂
Smarter without honoring Almighty God and his ways to live no way. Claiming to be wise they be fools Romans 1 :22
Being single with your own place is not a thing anymore, you need to get married , or have roommates
86 years old? She should own her home free and clear by now
Stop trying to make yourself feel better because America sucks at everything that matters. You've been reduced to victim blaming little old ladies. Good job.
get some cheap houses in florida right now
I know how to fix the housing problem in America. Invite millions of people to come here every year (both legal and illegal), and allow corporations to buy huge swaths of available units to rent out to the plebs. Oh, wait.....
No. Affordable housing means a person working a median-wage job can buy a house that is 3-4 times her/his annual income, just like it was when real market forces were in play decades ago. Not "we're only going to give the poor people $ so they can spend like an average person"-meanwhile that enables rent and prices to be continually jacked up artificially. Increase supply, stop letting zoning laws and NIMBY weenies stand in the way of building, stop allowing increasingly longer term mortgages so the banks get fatter, dumber, and happier at the expense of everyone else, and get rid of the damn national association of realtors. The median-wage worker should not have to pay 8-10 times annual income to afford housing. Giving free money to artificially support high prices makes things worse-fix the real problem with the previous sentence. All this crap does is sort of fixes the poorest people-prices jack, and now you have a new higher-earning segment that is house poor or overburdened on rent. Give those folks money and next is the next higher earners, etc. Do REAL affordable housing, not a government scam.
DNC Global NGO policies. Sorry american tax payer dummy.. your soft and now tolerate your extiction. It'd be funny if were not so fatal.
I just bought 17 houses and I am keeping them empty bc I don’t trust poor people and I’d rather wait for a higher offer to sell them at a higher price.
😂 that basically sums up all the problems here.
@@we8608I agree. I hope all of those houses sit empty for years. 😂
@@we8608You actually believed this person? They didn't even buy one, never mind 17.
@@TheRandomINFJ I don't believe in satire. I enjoy satire.
Bidenomics is wonderful!
"Supplies in the 'Basement'."
It’s only going to get worse. Wait and watch. Rents and home prices will only keep rising due to Fed Balance Sheet shrinking, quantitative tightening, and lower interest rates forecast sometime next year (around 3.5% Fed rates).
The government must print and type in more money and have price controls.