Rent taking up close to half of peoples' incomes, says Bilt Rewards CEO Ankur Jain

Bilt Rewards CEO Ankur Jain joins CNBC's 'Squawk Box' to break down how his company allows renters to put their monthly rent bills on credit cards as a way to earn points. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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[@luisnuno8985]

The existence of this company is an indication that all is not well in America.

[@shdmd2118]

Brilliant idea
If you pay off the credit card , it’s fine.
This is essentially giving people an extra month to pay rent and you get airline miles for it
Incredible deal

[@muralichundi]

This is really tinkering on the edges. Loosen some regulations to build more homes, the rents will come down.

[@meticulo]

His investors are invitation homes, great company to short right now 😊

[@rich4516]

Thanks for giving us the heads up on the next bubble. That’s insane!

[@jbb483]

LOL Yeah, no thanks. What a hellscape America has become.

[@dinosaurdude5668]

I give it to the young founder. He saw where lion share of money goes, and went after it!

[@alur2981]

Well his pops funded the company and the idea prolly

[@method341]

Why are the rents so high in the poor cities?

[@stevenseibel9216]

everyone's a wallet warrior now just swiping that visa baby

[@dagobaker]

you only need a debit card... and OMG dont charge your rent........ i cant believe this is a viable business

[@nikoman71326]

after wathcing this, there is 0 chance I come anywhere near this company. feels very fishy

[@boootybounce420]

Overpay rent and get airline miles? Dafuq? What am I missing here

[@Fsa8888]

How will they make $$

[@JackMaltano]

Disgusting

[@patlobi]

Why?

[@davidngan3391]

you guys buy make me rich!!!!!!!!!!!

[@MrWaterbugdesign]

This is so silly. "...half of people's..." Who are these "peoples"? This is millennial speak. People are choosing to rent places. Incomes and rents vary a lot.

[@illegalsmirf]

Rent is half, energy is the other. Good times to be alive.