Survey: Half of Americans struggling with housing payments

Real estate brokerage firm Redfin surveyed nearly 3,000 U.S. homeowners and renters and found nearly half, 49% of them say they are struggling and making sacrifices in order to make their monthly housing payments.

Пікірлер: 1 200

  • @BBradshawProductions
    @BBradshawProductionsАй бұрын

    Everything is going up in price, except your salary.

  • @MissyMuthaTruckiN

    @MissyMuthaTruckiN

    Ай бұрын

    i'm hourly 😢

  • @nabeelahicious777

    @nabeelahicious777

    Ай бұрын

    But Ukraine and Israel keep getting money

  • @CaptainGibz

    @CaptainGibz

    Ай бұрын

    Rent went up 7%. But its okay, my reduction in hours due to budget cuts should help 😞

  • @chasedownblocks1736

    @chasedownblocks1736

    Ай бұрын

    Other things that are going up: - Blood pressure - Stress levels - Income taxes - Property taxes

  • @DonJr-ug3rq

    @DonJr-ug3rq

    Ай бұрын

    And if that goes up they'll blame further price hikes on higher pay... It's a never ending cycle.. the value of the dollar needs to come back .. we should be carrying coins around instead of dollar bills... Something big has to happen.

  • @alihakimi1707
    @alihakimi1707Ай бұрын

    Americans need to move to Ukraine to be supported

  • @escapegrl1

    @escapegrl1

    Ай бұрын

    or be illegal.

  • @TotallyAwwwesome

    @TotallyAwwwesome

    Ай бұрын

    Oh noooo 😂 lol

  • @userbutnotabuser24

    @userbutnotabuser24

    Ай бұрын

    That's the problem. Americans like you wants to be supported by the government. Haha

  • @ro7601

    @ro7601

    Ай бұрын

    And Israhell

  • @darvi5762

    @darvi5762

    Ай бұрын

    😂

  • @FLAC2023
    @FLAC2023Ай бұрын

    They turned housing into a nightmare

  • @safeandeffectivelol

    @safeandeffectivelol

    Ай бұрын

    Blame the Federal Reserve with zero % interest rates for almost 15 years

  • @NotYourTypicalPortfolio

    @NotYourTypicalPortfolio

    Ай бұрын

    @@safeandeffectivelolfed didn’t do anything wrong. They didn’t build enough houses since 08. Price of homes will continue to rise until demand equals supply. Read a book

  • @Donkiko-bz1lv

    @Donkiko-bz1lv

    Ай бұрын

    Well that Ukraine money has to come from somewhere

  • @jackjohnson9449

    @jackjohnson9449

    Ай бұрын

    @@NotYourTypicalPortfolio Utter Nonsense

  • @jackjohnson9449

    @jackjohnson9449

    Ай бұрын

    @@safeandeffectivelol You are 100% correct

  • @longestvideoever
    @longestvideoeverАй бұрын

    We're fucked.

  • @infini.tesimo

    @infini.tesimo

    Ай бұрын

    If one doesn't read and apply laws to get these people in line then yes I'd agree with you.

  • @davidbrooks8809

    @davidbrooks8809

    Ай бұрын

    It's not all doom and gloom just live below your means😢😂😅

  • @Haruzak1

    @Haruzak1

    Ай бұрын

    Thanks Biden

  • @lonestarrk9308

    @lonestarrk9308

    Ай бұрын

    @@infini.tesimoYes, government intervention always turns out well…

  • @LethalSami

    @LethalSami

    Ай бұрын

    stick to eating bread and cake. give up Starbucks and Avocado sandwich, everything will be fine. ;)@@davidbrooks8809

  • @gypsyislandgal1118
    @gypsyislandgal1118Ай бұрын

    Can’t even say get a starter home. Townhomes in my area start at $500,000. Are you kidding me? Half a million dollars for an attached home? It’s crazy!

  • @Scoobydue420

    @Scoobydue420

    Ай бұрын

    Maybe in the city where income is higher. But nowhere in the USA suburbs is a townhome going for 1/2 a mil. Stop lying you dolt

  • @davidwilliams4498

    @davidwilliams4498

    Ай бұрын

    Insane . It is still just an apartment even if it's a condo or townhouse At the mercy of an HOA.

  • @AK-47ISTHEWAY

    @AK-47ISTHEWAY

    Ай бұрын

    This is why I live in a van down by the river 🚚 🏞

  • @yellowbird5411

    @yellowbird5411

    Ай бұрын

    If you said "starter home" to someone, they'd say, 'What's THAT?"

  • @nabeelahicious777

    @nabeelahicious777

    Ай бұрын

    What’s beyond insane is all the money Ukraine and Israel is getting and not Americans.

  • @jeanah685
    @jeanah685Ай бұрын

    When houses were selling for ridiculously high prices, well beyond their value, most of us knew this was coming.

  • @paulbrungardt9823

    @paulbrungardt9823

    Ай бұрын

    " ridiculously high prices, well beyond their value, " ---Supply & demand--Biden shut down the economy during COVID and housing starts plummeted. We are now 10 years behind the demand in housing---If you voted Biden / Harris, you voted for this. Now enjoy.

  • @Neerdowellofyesteryear

    @Neerdowellofyesteryear

    Ай бұрын

    I bought my house around that time when we as a one income family were making 45k a year. We did not have issues buying it. We have a 2.5% fixed mortgage. Our mortgage is $900 a month. House valued at $300k+. From what I understand, a lot of people used jumbo loans/adjustable rates, which not the smartest thing to do. Mortgages go crazy high or low depending on the market. Always buy fixed rate mortgages. I don't have worry about my mortgage going crazy high.

  • @chiquita683

    @chiquita683

    Ай бұрын

    And people still bought

  • @Matthew-rp3jf

    @Matthew-rp3jf

    Ай бұрын

    Were? You mean are.

  • @NotYourTypicalPortfolio

    @NotYourTypicalPortfolio

    Ай бұрын

    Vast majority of homes in America are paid off, something like 70-85%. So…..the video is extremely misleading and you fell for it. Pick up a book before adding fuel to the fire

  • @boogitybear2283
    @boogitybear2283Ай бұрын

    I sold my house last year. I’ll be damned if I ever buy another house again.

  • @Barbwire710

    @Barbwire710

    Ай бұрын

    You prefer renting?

  • @Auhbseluhte

    @Auhbseluhte

    Ай бұрын

    Look Mikey he gets it!

  • @SunofYork

    @SunofYork

    Ай бұрын

    @@Barbwire710 He cuddles up in a dog kennel with 7 illegals

  • @jaja32807

    @jaja32807

    Ай бұрын

    Why?

  • @bigdeneen

    @bigdeneen

    18 күн бұрын

    Good for you! Having a home is just renting from the bank. You don’t own anything in America 🇺🇸 you aren’t free either!

  • @dons3073
    @dons3073Ай бұрын

    Financing a home doesn’t make you a home owner only after it’s paid off

  • @snowcrash4286

    @snowcrash4286

    Ай бұрын

    After it’s paid off you get to deal with rising property tax and insurance rates.

  • @TRAVIESO_NA

    @TRAVIESO_NA

    Ай бұрын

    it does keep you from the inflation in the renters market tho, its a more responsible way of "RENTING" lol I feel ya, renting from the bank

  • @Lipstickandchampagne

    @Lipstickandchampagne

    Ай бұрын

    I always said this. Same thing with car notes. It’s not your damn car, it’s the BANK’S, until that title is switched over to your name and is paid off.

  • @beefnacos6258

    @beefnacos6258

    Ай бұрын

    Thank you for saying this and i've always say the same exact thing. On facebook somebody will make a post saying finally i'm a homeowner. You're a home renter until its paid off...

  • @beefnacos6258

    @beefnacos6258

    Ай бұрын

    ​@TRAVIESO_NA kind of....they'll just jack up rates, properly taxes etc.

  • @dmick9168
    @dmick9168Ай бұрын

    I love how the first thing he said that Americans are sacrificing by not going on vacations. Most people who go on vacation cant afford it and go anyway.

  • @NoIDontActuallyLiveInSeattle

    @NoIDontActuallyLiveInSeattle

    Ай бұрын

    Going on vacation shouldn’t even be a sign of struggling but I guess that it is…since before our time, families could afford vacation, a house, a family of four and food, comfortably on one salary.

  • @Cometcast12

    @Cometcast12

    Ай бұрын

    A lot of people are trying to enjoy life however they can because they understand they can’t ever afford a house or anything economically prospering. It’s unattainable. However vacation, is somewhat attainable. If they had no options at all for enjoyment of life, we might see more extreme examples of disparity resulting in loss of life or unaliving

  • @marknewton6984

    @marknewton6984

    Ай бұрын

    Vacations are overrated. 😮

  • @nabeelahicious777

    @nabeelahicious777

    Ай бұрын

    I love how there is no mention of all the help Ukraine que Israel are getting but not Americans

  • @acecyxyooj6954

    @acecyxyooj6954

    Ай бұрын

    But the government have all the time to go on vacation and be on vacation before voting.

  • @johnleebass
    @johnleebassАй бұрын

    ALL that Ukraine $$$ could be helping us, not them

  • @mocheen4837

    @mocheen4837

    Ай бұрын

    Student loan forgiveness is real why not home loan forgiveness?

  • @josecontreras6702

    @josecontreras6702

    Ай бұрын

    Americans first! Not Israel, Ukraine, and the rest of the world. You can’t help others if your home is in shambles.

  • @charleslavoie5402

    @charleslavoie5402

    Ай бұрын

    Student loans are not forgiven…. lol

  • @NO1CARES___..yo83

    @NO1CARES___..yo83

    Ай бұрын

    Or not helping all these immigrants

  • @skyeevl7656

    @skyeevl7656

    Ай бұрын

    We the people need to take our money and country back from Ukraine, Israel, and the migrants

  • @Dieselpwr
    @DieselpwrАй бұрын

    Stay tuned worst depression in history in America

  • @Donkiko-bz1lv
    @Donkiko-bz1lvАй бұрын

    No wonder a lot of people doing DoorDash even grandpas

  • @davidbrooks8809

    @davidbrooks8809

    Ай бұрын

    😂

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUCKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuck it up fuck it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @paule8536

    @paule8536

    Ай бұрын

    If you pay someone to deliver fast food to you then you are a fool. That’s why half of the people are broke. Wasting money on stupid things

  • @andrisimusmaximus5803

    @andrisimusmaximus5803

    Ай бұрын

    Onlyfans

  • @paule8536

    @paule8536

    Ай бұрын

    @@andrisimusmaximus5803 ?

  • @FrancoM7747
    @FrancoM7747Ай бұрын

    Don't hold your breath waiting for that rate cut.

  • @skeptick6513
    @skeptick6513Ай бұрын

    Party's almost over. It's been decades in the making, average working person getting crushed. Really just a working slave, while the upper income group reaps all the gains.

  • @Neerdowellofyesteryear

    @Neerdowellofyesteryear

    Ай бұрын

    You probably work 40 hours a week. Meanwhile, those of upper incomes are working more than 70 hours . They literally take one vacation out of the year, if that. They are constantly working. Which is why they have more money. Please educate yourself

  • @skeptick6513

    @skeptick6513

    Ай бұрын

    @@Neerdowellofyesteryear one vacation a year, how lucky of them. Many take none. Also many work 2 or 3 jobs and still struggle. Those people you say work 70 hours? Wow that's a lot, but they make 5, 10 or 500 times average wage. Look that up, I presume you are educated. I nominate your comment as today's dumbest and I bet your the kind of person who loves money, loves stuff, not do much love for others and a decent sized ego. Did I guess right?

  • @skeptick6513

    @skeptick6513

    Ай бұрын

    @@Neerdowellofyesteryear ps I'm retired but when I did work I was a 70 hour or more guy, made ok money but as a small business person got squeezed more and more and I'm glad to be out of the labor force.

  • @safeandeffectivelol

    @safeandeffectivelol

    Ай бұрын

    @@Neerdowellofyesteryear You're telling me if everyone worked 70 hours a week we would all become millionaires and billionaires? LMAO!!!

  • @Neerdowellofyesteryear

    @Neerdowellofyesteryear

    Ай бұрын

    @@safeandeffectivelol I said working over. They have something called 'doctor hours'. They are constantly working. No, because there are a lot of losers and lazy people who complain that they have to work 40 hours...

  • @HuddlesNCuddles
    @HuddlesNCuddlesАй бұрын

    Stop buying houses for 100k+ more than their worth and the housing market would not only still be affordable, but you'd be able to afford the payments. The buyers are just as guilty as the sellers for literally buying more into this crap.

  • @TheJynx2011

    @TheJynx2011

    Ай бұрын

    Gotta tell that to the big banks too. Vanguard is buying entire housing additions and then renting them out to no one because the rent is too high.

  • @StormLightning150

    @StormLightning150

    Ай бұрын

    Problem is most Californians can sell their house for over market value and move out of state and pay cash for a home and still have $100+K left over. Then you got foreign investors coming in and buying up houses and renting them out.

  • @july77773

    @july77773

    Ай бұрын

    And...real estate agents are scoundrels too. Everyone wants their piece of the action.

  • @Lipstickandchampagne

    @Lipstickandchampagne

    Ай бұрын

    @@StormLightning150This. They literally was doing that crap here in Texas. Of course Texans started pushing back. (Making it difficult for them to purchase etc). Fast forward 3-4 years later, many of them who purchased homes in the Austin-around Rock area have sold them or rented them out because they couldn’t afford the property taxes. 🤷🏾‍♀️

  • @benrichards9667

    @benrichards9667

    Ай бұрын

    Fomo-fools

  • @johnt3ducati
    @johnt3ducatiАй бұрын

    Here is an idea. Instead of sending money to other countries. We help our citizens here at home

  • @len9743

    @len9743

    Ай бұрын

    You make no sense lol let russia take over Europe sounds like a good idea. Trump would be doing the same thing funding Ukraine.

  • @angelastewart9497
    @angelastewart9497Ай бұрын

    They are pricing us out of our homes.for no reason.this should not be happening

  • @saythankyou111

    @saythankyou111

    Ай бұрын

    Profits

  • @chiquita683

    @chiquita683

    Ай бұрын

    Slavery was a choice

  • @Neerdowellofyesteryear

    @Neerdowellofyesteryear

    Ай бұрын

    It's really not that difficult to buy a house. My husband and I are a one income family and did so three years ago when he was earning just 45k a year. Our dti was less than 12%. You're doing something wrong.

  • @safeandeffectivelol

    @safeandeffectivelol

    Ай бұрын

    You will own nothing and you will be happy

  • @Donkiko-bz1lv

    @Donkiko-bz1lv

    Ай бұрын

    @@Neerdowellofyesteryearpeople spend on a lot of stupid things nowadays. Specially 10 streaming apps for 9.99 each

  • @Sun_Goddess89
    @Sun_Goddess89Ай бұрын

    I work to pay bills, I am living in hell. I can't afford gas or food.

  • @klarasweeney848

    @klarasweeney848

    Ай бұрын

    Same. Sold my car and now I take leftovers from work to eat. I am accumulating debt due to college payments that I can’t afford. It definitely feels like nobody cares whether we live or die and I’m starting to feel the same.

  • @MissyMuthaTruckiN

    @MissyMuthaTruckiN

    Ай бұрын

    same and i have what was once considered a "good job"

  • @klarasweeney848

    @klarasweeney848

    Ай бұрын

    @@Daniel-xl8bw If you own three houses, you’re part of the problem.

  • @Sun_Goddess89

    @Sun_Goddess89

    Ай бұрын

    @@Daniel-xl8bw so work hard until you die is the answer?

  • @Cerez78

    @Cerez78

    Ай бұрын

    ​@@Daniel-xl8bwFOH with this

  • @bboyizzy
    @bboyizzyАй бұрын

    High taxes, hoa, and insurance is to blame

  • @DistrustHumanz

    @DistrustHumanz

    Ай бұрын

    The average American unable to do basic math is to blame.

  • @tibedog5629

    @tibedog5629

    Ай бұрын

    There's so many houses I could afford if it weren't for absolutely garbage HOA fees. HOAs should be made illegal.

  • @aslkdjfzxcv9779

    @aslkdjfzxcv9779

    Ай бұрын

    @@DistrustHumanz the average american is to blame.

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuk it up fuk it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @globalwarningfilment7192

    @globalwarningfilment7192

    Ай бұрын

    Why pay millions for a home and you still kinda in a way don’t own the house fully🤷🏾‍♂️because if you missed a couple of property tax payments you loose your home it’s like a game 🤦🏽‍♂️

  • @svongsa
    @svongsaАй бұрын

    Borrowing from friends and family members is never a good idea. JUST DON’T DO IT!

  • @MissyMuthaTruckiN

    @MissyMuthaTruckiN

    Ай бұрын

    i don't have friends or family to borrow from 🤷‍♀️ i do it all on my own

  • @luxboss2388

    @luxboss2388

    Ай бұрын

    @@MissyMuthaTruckiNwelcome to the real world 😂

  • @Mr.Torres-Mr.Towers
    @Mr.Torres-Mr.TowersАй бұрын

    Yeah no $hit you have people only making 100k buying a house for 400-500k and expecting not to be house poor.

  • @aneedkassim9727

    @aneedkassim9727

    Ай бұрын

    all the homes cost 300k on up the avg salary in this country is 40k... where are the homes for 40 k a year people to buy? they aren't any. u cant afford rent with that so all the cynical responses are helping those people. i guess homelessness and crime will be their answer

  • @johnnybbgunner2136
    @johnnybbgunner2136Ай бұрын

    I made it almost 5 years in my home after losing my wife to cancer along with her income. I sold my home three months ago and moved into a one bedroom.

  • @amyparlette4522

    @amyparlette4522

    Ай бұрын

    My heart goes out to you. Sorry for your loss. Stay strong

  • @imdurmac1

    @imdurmac1

    Ай бұрын

    Condolences

  • @RB-gt8bf

    @RB-gt8bf

    Ай бұрын

    May God continue to keep you in the safety of His arms.

  • @Thegoodlife4me

    @Thegoodlife4me

    Ай бұрын

  • @Jan96106

    @Jan96106

    16 күн бұрын

    It sounds like you had to move. Unfortunately, renting is not relief. Your rent will go up every year. During good times, you can expect a raise of at least $50.00 a month every year. This year, my rent went up $212.00 a month. And you will not get much in return for your rent: they will mow the lawn and do a bad plowing job in winter. Each year your apartment will deteriorate, but you will pay more.

  • @aaaggg6303
    @aaaggg6303Ай бұрын

    95 billion foreign aid Bill just passed

  • @ishmaeldarjean2757

    @ishmaeldarjean2757

    Ай бұрын

    What does Biden care he's 81 and on his last leg. What gets me is how insulated he is to the average person and his blind eye to everything in his face.

  • @brianal7143

    @brianal7143

    22 күн бұрын

    It's sick

  • @jackjohnson9449
    @jackjohnson9449Ай бұрын

    END the Federal Reserve Banking System

  • @aslkdjfzxcv9779

    @aslkdjfzxcv9779

    Ай бұрын

    i'm impressed there are 6 other people who agree w/ you.

  • @Scoobydue420

    @Scoobydue420

    Ай бұрын

    @@aslkdjfzxcv9779 6 out of 374,000,000 people. Hmmmm

  • @lassiejr2115

    @lassiejr2115

    Ай бұрын

    They got 35 Trillion reasons not to , the Government is printing Phony money to buy its own Debt , not only that but they receive their own interest pmts , guess what they will also need to borrow 1.5 Trillion just to pay this interest back this next period that is called Crooked policies .

  • @usiohaki295
    @usiohaki295Ай бұрын

    Don’t fund so many wars or impose so many trade sanctions, the you do better.

  • @francismarion6400

    @francismarion6400

    Ай бұрын

    or economic lockdowns on your own people.

  • @ge2623

    @ge2623

    Ай бұрын

    What's wrong with the occasional 22+ year war? I mean, you're not a patriot or "support the troops" if you disagree with it.

  • @ignaciovarga3162

    @ignaciovarga3162

    Ай бұрын

    This countries elites make their money from the Industrial Military Complex. It will never stop until some other countries do something about it.

  • @40ape
    @40apeАй бұрын

    What is really sad is that so many counties and cities won’t allow people to build tiny homes, so many restrictions, yet so much cheaper and could be the only reason people end up in the streets

  • @Scoobydue420

    @Scoobydue420

    Ай бұрын

    People are ending up in the streets because they can’t have a “tiny” home. Stfu with your fn ignorance. That’s a pre-pubescent excuse little boi…

  • @Cerez78

    @Cerez78

    Ай бұрын

    people need to grow a backbone and disregard the rules

  • @Scoobydue420

    @Scoobydue420

    Ай бұрын

    @@Cerez78 you start, let’s see what happens hero.

  • @davidb2206

    @davidb2206

    Ай бұрын

    That calls for revolution against the tyranny. If you don't have property rights on your own property, you are a slave.

  • @artofficial2010
    @artofficial2010Ай бұрын

    Skipping a vacation is the furthest thing away from a sacrifice 😂

  • @Gary65437
    @Gary65437Ай бұрын

    You could also include that huge car payment. And no little cut in interest rates will cure this problem. You need a nice big crash in prices to do that.

  • @whothou
    @whothouАй бұрын

    Gen Z patiently waiting for foreclosures to finally have homes open up 🤪

  • @MyLuckyGirlEra

    @MyLuckyGirlEra

    Ай бұрын

    Most foreclosures are cash only payments so we most likely won’t have enough saved up to afford that either 🙃

  • @intensifier1346

    @intensifier1346

    Ай бұрын

    They will be waiting tier entire lives

  • @snowcrash4286

    @snowcrash4286

    Ай бұрын

    Investors are going to grab the foreclosures. This is the game plan.

  • @userbutnotabuser24

    @userbutnotabuser24

    Ай бұрын

    I thought most Gen Z's don't want to own a house.

  • @MissyMuthaTruckiN

    @MissyMuthaTruckiN

    Ай бұрын

    blackstone will just buy the houses and china

  • @blabla22222
    @blabla22222Ай бұрын

    Dear all media and economists, stop talking about the possibility of an interest rate reduction. The issue of rising housing costs is a culmination of problems outside the current Fed interest rate. This country has historically maintained an interest rate above 0% and by keeping it at 0 for so long has been problematic. Let's focus on the real culprits of the affordability crisis- Wall St. firms/institutional investors, short-term rental speculation, Real Page helping to collude pricing with corporate landlords (antitrust issues), limited competition in our capitalist market because of corporates constantly buying out new challengers, corporate greed shown through shrinkflation and rising prices that exceed inflation, rising costs of theft costing big-box retailers hundreds of millions resulting in even higher prices and store closures (get rid of cashless bail and make "low-value" theft a felony again) and etc. Work on all the aforementioned issues so Americans can afford to live again.

  • @richardf6932

    @richardf6932

    Ай бұрын

    agreed.... Rates are only cut when economy is in bad shape. This means massive unemployment and loan defaults. Be careful what you wish for....

  • @oneunderall

    @oneunderall

    Ай бұрын

    All these factors, and the mandatory exorbitant HOA fees for "affordable" housing which simply ruins the purchase EDIT: all the factors listed in the comments below are also correct, there are a lot of artificial hurdles placed on us to prevent people from buying and keep them renting instead. Same with things like technology, games, etc. Businesses want consistent payments flowing in, no more of the good old days.

  • @Neerdowellofyesteryear

    @Neerdowellofyesteryear

    Ай бұрын

    No, the issue is that contractors are only building luxury homes (single family, condos, townhomes). Which is why houses are so expensive. They need to start building regular traditional similar houses from the 70' and 80's, which are cheaper and honestly better looking. They look more like a home. I honestly hate these new build houses. I'm so glad we bought a colonial house.

  • @Basta11

    @Basta11

    Ай бұрын

    The real culprit is actually many land use policies that have been creating this shortage of housing for decades. 1. Zoning. Much of the land and airspace zoned for commercial could have been used for housing. Mix use development is normal until zoning came about. Think apartments on top and shops and restaurants at the bottom, offices on the second floor. Today, only a small fraction of the cities can do this type of development (mostly grandfathered in from before ww2). These places are very highly sought because of their convenience. 2. Most of the area in North American cities are zoned for single family home. That means its harder to create duplexes, triplexes, bigger houses for big families, townhouses, boarding houses, etc etc. Its very natural for houses to start as single family homes and expand little by little over the years. This type of transition is completely stopped by zoning laws. 3. Parking requirements. Even in places where density is allowed and makes economic sense, the height of buildings is artificially constrained by parking requirements. Instead of 100 apartments without parking that would be ideal next to colleges, hospitals, train stations, developers are forced to build 50 units with 50 parking spots. 4. City Boundaries. In an effort to preserve nature, many cities restrict development of the land area. So no new houses can be built beyond that . 5. Other restrictions - Height restrictions, set backs, minimum lot sizes, floor area ratios. 6. Huge public policies that are car centric - highways, parking lots, etc. Many many dense communities all over were destroyed by the construction of highways. Even today, many communities still face destruction for highway expansion (but no good alternative as compensation).

  • @Neerdowellofyesteryear

    @Neerdowellofyesteryear

    Ай бұрын

    @@Basta11 only 5% of American land is developed. Some of these cities are actually deserted or have really low population. If you want to a house, go buy one there.

  • @Princess.a1
    @Princess.a1Ай бұрын

    What’s going to be done about it?? Oh that’s right nothing at all

  • @Wahinies

    @Wahinies

    Ай бұрын

    Dont worry: the president "has a plan"

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuk it up fuk it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @Scoobydue420

    @Scoobydue420

    Ай бұрын

    You expect a house for free? But a tent, you crybaby…

  • @marknewton6984

    @marknewton6984

    Ай бұрын

    It's an election year😮

  • @aneedkassim9727

    @aneedkassim9727

    Ай бұрын

    dont worry crime and anarchy is coming...

  • @UrbanMonk123
    @UrbanMonk123Ай бұрын

    And the prices aren’t going down. The inventory is very less. The demand for housing is increasing day by day.

  • @tjsilvia9671
    @tjsilvia9671Ай бұрын

    Two bedroom homes in my area $729,000 with your neighbor not even 10 feet away. Ah, The American Dream!

  • @chrisandrade03X
    @chrisandrade03XАй бұрын

    When your realtor told you “marry the house, date the rate”😂😂

  • @thatoneguy94512

    @thatoneguy94512

    Ай бұрын

    They did when I bought last January.. now I'm up 78k in equity and my mortgage at 6.125% is still lower monthly payment than rent.. so yeah, it did

  • @MyLuckyGirlEra

    @MyLuckyGirlEra

    Ай бұрын

    @@thatoneguy94512lol that $78k “equity” isn’t actually there. You completely missed the point of this video 😂 it’s talking about things being inflated and overpriced right now.

  • @thatoneguy94512

    @thatoneguy94512

    Ай бұрын

    @M.a.l.l.y what do you mean it isn't there? I can literally sell it now, today and get that 78k. I didn't miss the original point, I'm simple saying the comment is flawed and not absolute. Pay attention and stop projecting

  • @joemomma707

    @joemomma707

    Ай бұрын

    @@thatoneguy94512don’t forget. You have 3% towards your realtor, 2% towards the buyer’s realtor, and a few other fees.

  • @noname-mm9of

    @noname-mm9of

    Ай бұрын

    @@thatoneguy94512lmao, after taxes and closing cost. You ain’t gonna see none of that $70k

  • @conybrown991
    @conybrown991Ай бұрын

    I heard "Skipping vacations" 😄

  • @briantep458

    @briantep458

    Ай бұрын

    vacation(s) use to be a very normal thing for middle class americans 10-15 years ago.

  • @LostMySauce

    @LostMySauce

    Ай бұрын

    @@briantep458 During the recession? Nah.

  • @briantep458

    @briantep458

    Ай бұрын

    @@LostMySauce this was between 2005 and 2020

  • @MB-we4dx

    @MB-we4dx

    Ай бұрын

    Guess you’re too broke to go on vacation. Working all year long isn’t some trophy.

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuk it up fuk it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @yellowbird5411
    @yellowbird5411Ай бұрын

    Back before 2008, a friend and I purchased lots for sale and contracted a builder to build 3 bdr with garage homes on them. When they were finished, we sold the homes and split the profits, as the new home sold for much more than the money involved. But one day we found a lot and checked into it. It was a "substandard" sized lot, so we could not build on it. We could have done a smaller house, or even a two story with a smaller footprint, but they said no. Zoning tells us how big a lot must be in order to build. It also dictates the setbacks from the property joining it and other requirements. We have a ton of these substandard lots in America, just basically sitting empty, with maybe a shed or something on it, as it can't be used for anything else due to zoning. They need to change zoning so a small house can be built on these properties. Many owners would love to sell them as they are of no use to them, and they need the money.

  • @davidb2206

    @davidb2206

    Ай бұрын

    "Zoning" is an immoral scam, run by the tyrants at city hall purely to benefit themselves and their relatives/donors/cronies. Revolt and end all zoning. If your NEIGHBOR does not have property rights, then you will never have liberty. You are a slave.

  • @TheJynx2011
    @TheJynx2011Ай бұрын

    My wife and I made $172k gross last year and refuse to buy a home. Can't imagine what single people are going through right now.

  • @Cerez78

    @Cerez78

    Ай бұрын

    They're renting rooms and buying camper vans

  • @juliosandoval8244

    @juliosandoval8244

    Ай бұрын

    If you made over 160k and cant manage your finances that means your spending much more than wat u can make.we made 120k last year and we living good could go 3 years without paying rent.

  • @TheJynx2011

    @TheJynx2011

    Ай бұрын

    @juliosandoval8244 didn't say I can't manage my finances, said I refuse to buy a home in the current market. Maybe read next time before trying to talk shit.

  • @juliosandoval8244

    @juliosandoval8244

    Ай бұрын

    @@TheJynx2011 if u refuse to buy a house with that wage theres something wrong.i bought a house months ago now iam buying a second home.you don't see me complaining.

  • @TheJynx2011

    @TheJynx2011

    Ай бұрын

    @@juliosandoval8244 you eat these interest rates for breakfast, huh? Keep bragging while the rest of us suffer, no worries.

  • @hotdognobun
    @hotdognobunАй бұрын

    The more they give other countries money the higher the penalty is for US. Nothing is free we will be taxed to make up all that spending.

  • @imdurmac1

    @imdurmac1

    Ай бұрын

    💯💯💯

  • @david4096
    @david4096Ай бұрын

    Most people dident need them big housea any way .Living way beyond there means.

  • @davidbrooks8809

    @davidbrooks8809

    Ай бұрын

    I agree with you 1000%😂😢

  • @ge2623

    @ge2623

    Ай бұрын

    Yep. Consume, consume, consume, born and raised!

  • @Cerez78

    @Cerez78

    Ай бұрын

    And now tents are within their means

  • @user-pu3em1yu6z

    @user-pu3em1yu6z

    Ай бұрын

    True 👍

  • @Shadow-7773

    @Shadow-7773

    23 күн бұрын

    @david4096' lol and those poor folks don't need the taxpayer funds anyway, All of them are living way beyond their means.

  • @velazquez2009sergio
    @velazquez2009sergioАй бұрын

    There is no reason to buy a house right now because everything is so high on prices

  • @ravikurup8350
    @ravikurup8350Ай бұрын

    Just buy 5 tents and a portible toilet. There goes a 5 bedroom house 😂

  • @InsideLookingOut1

    @InsideLookingOut1

    Ай бұрын

    It's getting that way. But even land is expensive.. little land lots of money and restrictions almost everywhere

  • @acecyxyooj6954

    @acecyxyooj6954

    Ай бұрын

    They want all Americans to be homeless

  • @bestkdrama2024

    @bestkdrama2024

    Ай бұрын

    Buy 5 used minivans. Shower at the gym. Thanks bank!

  • @djdigital3806

    @djdigital3806

    27 күн бұрын

    Or a Coleman 17b Dutchmen camper.

  • @july77773
    @july77773Ай бұрын

    Mortgages are the biggest scam.

  • @brendaechols5929

    @brendaechols5929

    Ай бұрын

    Credit cards are. Corporate America wants us to carry large amount of debt just to stay in debt so they can stay rich

  • @w_redeye

    @w_redeye

    Ай бұрын

    how so....

  • @RK831
    @RK831Ай бұрын

    The market will correct itself. I cannot see prices going to $5k/square foot when salaries will not commensurate.

  • @Abbyyena

    @Abbyyena

    Ай бұрын

    I hope you’re right.

  • @Brian1961-ep4bq
    @Brian1961-ep4bqАй бұрын

    They're making everybody work 2 and 3 jobs even the older coming out of retirement they're not going to raise wages here in Idaho we've been$7.25 an hour for the past 28 years so you work two and three jobs so these corrupt politicians can go home to their mansions and drive their Porsches it's pathetic

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuk it up fuk it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @brendaechols5929

    @brendaechols5929

    Ай бұрын

    Same with Texas. $7.25 an hour. Has never changed for years. Texas has lots of communities in poverty, crappy fast food jobs left for minorities, and high rate of people who can't afford health insurance even with 2 jobs. This is the what the Republican party is aiming for. Thanks Greg Abbott!

  • @ES-qu1jd

    @ES-qu1jd

    Ай бұрын

    Employers cutting hours hurts people too. They want the same amount of work done in less time. Owning a home is a dream for me.

  • @davidb2206

    @davidb2206

    Ай бұрын

    @@brendaechols5929 It's the DEMOCRATS who just gave your $billions away to Israel and Ukraine. Get the scales off your eyes.

  • @panicfever1277

    @panicfever1277

    Ай бұрын

    @@brendaechols5929 Abbott is a WEF stooge. He's there to destroy TX, just like Newscum is here in Cali.

  • @jeffreycheng5984
    @jeffreycheng5984Ай бұрын

    "The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

  • @jibril2473
    @jibril2473Ай бұрын

    You’re getting nickeled and dimed by auxiliary comforts like Amazon, Netflix, and other useless subscriptions. Get rid of them all.

  • @albertomendoza5142
    @albertomendoza5142Ай бұрын

    Property tax. Insurance. Home. Association. Are. Super. Repoff

  • @Cerez78

    @Cerez78

    Ай бұрын

    Robbery 💯 percent

  • @Lumpia_In_Texas
    @Lumpia_In_TexasАй бұрын

    Lol 81 million votes😊

  • @saythankyou111

    @saythankyou111

    Ай бұрын

    I love that line…also, she wasn’t supposed to lose 😳🇺🇸

  • @glennmerlini2895

    @glennmerlini2895

    Ай бұрын

    dementia joe has got to go

  • @apt62

    @apt62

    Ай бұрын

    The US had been in debt for decades. What do you think pumping in trillions of dollars from 2008 to 2024 is going to do? It dilutes the dollar therefore everything cost more money. I’m not sleepy joes biggest fan but he’s only part of the reason.

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuk it up fuk it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @erictuffelmire6826

    @erictuffelmire6826

    Ай бұрын

    Literally what you see in a third world country

  • @davidbrooks8809
    @davidbrooks8809Ай бұрын

    People are stupid spending too much on housing and cars😂😢😮😅

  • @mysteryworld8170

    @mysteryworld8170

    Ай бұрын

    Exactly!

  • @marknewton6984

    @marknewton6984

    Ай бұрын

    Human nature😢

  • @Cerez78

    @Cerez78

    Ай бұрын

    That's why I live in my van.

  • @akitkat8157
    @akitkat8157Ай бұрын

    Home prices are way too high for all of us , not good time to buy home

  • @francismarion6400
    @francismarion6400Ай бұрын

    You will own nothing and be happy

  • @de_Atavist

    @de_Atavist

    Ай бұрын

    Klaus

  • @sharonrose50

    @sharonrose50

    Ай бұрын

    That is courtesy of the world economic forum!

  • @brendaechols5929

    @brendaechols5929

    Ай бұрын

    Thanks to the republican party.

  • @francismarion6400

    @francismarion6400

    Ай бұрын

    @@brendaechols5929 Build Back Better is the UN slogan. That's where "you will own nothing and be happy " comes from.

  • @Tom-cz9op

    @Tom-cz9op

    Ай бұрын

    ​@@brendaechols5929explain this? You won't because it's all hate not common sense

  • @mannytho3489
    @mannytho3489Ай бұрын

    Yup sacrifices , taking feet pics now

  • @teresaboykin4861
    @teresaboykin4861Ай бұрын

    They’re struggling because of the thugs in charge. We need a whole new crew with morals ! 😮

  • @thecensoredchef3272
    @thecensoredchef3272Ай бұрын

    rates are not getting cut in June. Now, rate hikes are not off the table because if rising inflation. Feds are backed into the corner on fighting inflation and rates.

  • @unknownguy81rj
    @unknownguy81rjАй бұрын

    But but but Binden said our economy is doing good tho!!! He always tells the truth!

  • @realtalk1310
    @realtalk1310Ай бұрын

    The elephant in the room is that we are in a recession, but the media doesn't want to admit it.

  • @ThomasPaine-wc4we
    @ThomasPaine-wc4weАй бұрын

    This is why values are continuing to rise, no one with a sub 3% mortgage is going to sell anytime soon, thus reducing the supply. Simple econimics people and anyone with a morticum of common sense saw this coming many years ago.

  • @vincentramirez8188

    @vincentramirez8188

    Ай бұрын

    Yup I have a 2.5% mortgage. Not selling anytime soon.

  • @wackedout13
    @wackedout13Ай бұрын

    This is not even the beginning

  • @TRAVIESO_NA
    @TRAVIESO_NAАй бұрын

    I’m paying 21,000k a year in rent. I live in California and in 5 yrs I’ll have spent 100k on rent, and I can’t afford a home that’s insanity. Mind you I’ve lived in my apt for 7 yrs with an average of 19k a year on rent that’s 133k in rent so far. So in 12 yrs I’ll spend 230k on rent that’s a house. Paid off in a lot of places

  • @ES-qu1jd

    @ES-qu1jd

    Ай бұрын

    Can you move to another state?

  • @neryvargasgarcia9767

    @neryvargasgarcia9767

    Ай бұрын

    You are basically saying it out loud you need to move somewhere else. Good luck

  • @TRAVIESO_NA

    @TRAVIESO_NA

    Ай бұрын

    ​@@neryvargasgarcia9767 I pay alot, but its also the ability to make the money in another state, thats my biggest concern Keeping my Salary in a "cheaper state".

  • @TRAVIESO_NA

    @TRAVIESO_NA

    Ай бұрын

    @@ES-qu1jd I like some state for some reasons Still trying to find a place I can really enjoy and thrive. Im looking at Virginia & Tennessee and also Maine.

  • @ES-qu1jd

    @ES-qu1jd

    Ай бұрын

    @@TRAVIESO_NA Tennessee seems nice. I wanted to go there on vacation this year. Maine seems like a good option too.

  • @andoverwarren6392
    @andoverwarren6392Ай бұрын

    Only when we all spend what we can actually afford … will houses prices go down. You cut rates… they are going to skyrocket. It won’t be good.

  • @CameronFussner
    @CameronFussnerАй бұрын

    The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!

  • @heatherjames3693
    @heatherjames3693Ай бұрын

    Insurance and taxes -I'm also noticing places with high hoas aren't selling as fast either.

  • @ericeandco
    @ericeandcoАй бұрын

    Realistically probably more than half. Renting is no better. You have to live somewhere.

  • @AK-47ISTHEWAY

    @AK-47ISTHEWAY

    Ай бұрын

    I live in a van down by the river

  • @liksoonlo
    @liksoonloАй бұрын

    Half of American mortgagers, or half of all Americans?

  • @Pinkielover
    @PinkieloverАй бұрын

    I don't spend any money on housing now.. been living homeless in car you do what you need to survive.. it's getting considerably worse, for people i see it daily . it's not just housing. Everything went up considerably. What do you expect to happen? Main cause greed and inflation. I have a perfect driving record but my insurance went up by over 30% now almost $1000 for six months. How crazy is that one and minimum insurance it's like 800. per 6 months... used to be about 550 per 6 months for a minimum insurance... don't get me started on food and fuel ,, fuel is almost the third highest in this country.. but yeah things are going to collapse eventually you watch.. me I have no debt at all. I don't have credit cards never had one in my life , I don't need that never did.. would be nice to have the help but you're just temporarily pushing your debt further and further into the future .. cut that credit card up.. people keep borrowing money they don't have not a good idea..

  • @davidb2206

    @davidb2206

    Ай бұрын

    What are you doing on the internet while living in a car?! I would be out busting my ___ for 18 hours a day at physical WORK.

  • @aristotlekumpis7095
    @aristotlekumpis7095Ай бұрын

    They still have 30% or more in equity. So if times get tough, they can refi or sell.

  • @monicamolana4784
    @monicamolana4784Ай бұрын

    In my area people are buying 2 million dollar homes with a 14k mortgage, that's totally insane, in my opinion, even with a high income salary, that's just too much

  • @jackjohnson9449
    @jackjohnson9449Ай бұрын

    Cutting interest rates will only make the housing problem worse.

  • @paule8536

    @paule8536

    Ай бұрын

    Should be raising rates !

  • @jml9550

    @jml9550

    Ай бұрын

    Exactly. I know a lot of friends are on the sideline. As soon as rate drops to 3% again if ever. They will be making offers. Bam feeding frenzy again.

  • @paule8536

    @paule8536

    Ай бұрын

    @@jml9550 rates will not be 3% again in our lifetime!

  • @jml9550

    @jml9550

    Ай бұрын

    @@paule8536 I need that crystal ball of yours.

  • @brendaechols5929

    @brendaechols5929

    Ай бұрын

    We go through this stuff every decade. We stay there, then we get out. Not much we can do.

  • @bhupesh0111
    @bhupesh0111Ай бұрын

    This country is weird. Skipping vacations is considered a sacrifice 😂😂

  • @edwardsuarez-ri5dz
    @edwardsuarez-ri5dzАй бұрын

    How many in Florida? With insurance costs?

  • @MannLev
    @MannLevАй бұрын

    Thank god I brought in 2020 best decision of my life

  • @Sonofawildanimal4241
    @Sonofawildanimal4241Ай бұрын

    AND HOME ARE STILL SELLING!

  • @user-gx7te5ok8e
    @user-gx7te5ok8eАй бұрын

    Let’s go brandon

  • @TheMoneyMakingMentor
    @TheMoneyMakingMentorАй бұрын

    My biggest expense is my property taxes 2,900 sq ft house in NJ. taxes are $12k a year. Ana that is cheap here. Other pay $18k for the same size house in different cities.

  • @eprofessio
    @eprofessioАй бұрын

    I bought my house at the bottom of the market with 2.99% interest.

  • @corneliusmartin6600
    @corneliusmartin6600Ай бұрын

    As we donate trillions for useless wars that stayed the same after leaving!

  • @tarawhite4419
    @tarawhite4419Ай бұрын

    I'm so glad I don't have bill payments

  • @Cristobal8605

    @Cristobal8605

    Ай бұрын

    The pros of being homeless, huh? 😂

  • @7megaphone
    @7megaphoneАй бұрын

    All of what was mentioned - record credit card debt, millennials dipping into retirement accounts, some people skipping meals and medications - is frightening.

  • @williethomas2628
    @williethomas2628Ай бұрын

    And the cartels that owned the houses don't care as they are paying off the politicians, local, county, state and federal.

  • @gnlilu6972
    @gnlilu6972Ай бұрын

    No freaking way. Now you'll are figuring it out?!

  • @ro7601
    @ro7601Ай бұрын

    But Ukraine and Israhell is important 😂😂

  • @ansithav
    @ansithavАй бұрын

    Oh why

  • @DogWithHangover
    @DogWithHangoverАй бұрын

    The odds of a rate cut in June are remote at best.

  • @tmi4507
    @tmi4507Ай бұрын

    Let’s put it this way. If you’re not eating or borrowing money to pay your mortgage payment, maybe you should sell your house and try again another year.

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUCKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuck it up fuck it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @dystopia-usa
    @dystopia-usaАй бұрын

    Our corporatist social & economic dystopia here in the USA has been 40-50 years in the making. Enjoy.

  • @ge2623

    @ge2623

    Ай бұрын

    Yep. Democracy was bought and paid for a long time ago.

  • @jeanareed1854
    @jeanareed1854Ай бұрын

    Insurance is a nightmare on top of house payments and utilities. Food.

  • @jeanareed1854

    @jeanareed1854

    Ай бұрын

    Insurance companies are legal crooks. Can’t afford insurance and taxes.

  • @josephcostanzo4968
    @josephcostanzo4968Ай бұрын

    What do we do

  • @Soooooooooooonicable
    @SoooooooooooonicableАй бұрын

    We need to start building more affordable housing, but current homeowners don't want the value of their houses to go down.

  • @loribach534
    @loribach534Ай бұрын

    The interest rate is unchanged. Kicking the can down the road until 2025!

  • @karinabrampt1556
    @karinabrampt1556Ай бұрын

    Same here in Australia.

  • @denniscarver7681
    @denniscarver7681Ай бұрын

    Large problem is Counties upinng tax rates at 238% just now after 30% 3 yrs. 3 yrs from now just sign the deed to the city. OUCH!

  • @EM-re5xq
    @EM-re5xqАй бұрын

    How is this possible with record low interest rates that the vast majority of homeowners have?

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUCKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuck it up fuck it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @totallyrealcat4800

    @totallyrealcat4800

    Ай бұрын

    Michael Bordenero talks about it in his videos. People are starting to run out of money to afford property taxes, insurance, cars, and other goods

  • @AK-47ISTHEWAY
    @AK-47ISTHEWAYАй бұрын

    If you can't afford a house, don't buy a house.

  • @summerwinter89

    @summerwinter89

    Ай бұрын

    try paying rent. ive seen some 1 bedrooms go for about a mortgage payment.

  • @aldosanchez374

    @aldosanchez374

    Ай бұрын

    Biden supporter I'm sure

  • @daciavitam1498
    @daciavitam1498Ай бұрын

    Good now time to become a minimalist except for the 3000 sq ft house for family of 3.

  • @robertnunn3015
    @robertnunn3015Ай бұрын

    Most are driving a car that they can’t afford !

  • @jeffsusla6213
    @jeffsusla6213Ай бұрын

    What comes to mind is the The Doors lyric… This is the end…

  • @marknewton6984

    @marknewton6984

    Ай бұрын

    People Are Strange...

  • @albertogonzalez1746

    @albertogonzalez1746

    Ай бұрын

    My only friend, the end

  • @saramatthews7159

    @saramatthews7159

    20 күн бұрын

    Beautiul Friend

  • @cashflow68
    @cashflow68Ай бұрын

    Maybe someone should let Joe know that Americans are financially stressed.

  • @david4096

    @david4096

    Ай бұрын

    Trump sure messed it up before he left.

  • @Mr.Beastforpresident

    @Mr.Beastforpresident

    Ай бұрын

    Yay Bidenomics, good FUCKING job 🖕🏼Raise the interest rates higher! Let 10 million more immigrants in the country! Raise inflation even more! Raise gas prices even more! Stop 🛑 the Oil field! Go on now, if you’re going to fuck it up fuck it up good!!! We’re in an economy of Shrinkflation on Inflation, on top of Taxation, on top of Skimpflation on top of Tipflation, on top of Wage Stagnation. Ppl need to change their vocabulary of wanting a ‘ Living Wage ‘ to a ‘ SAVING WAGE’ we are in fact living, going to work for 💩 pay. Americans are willing to work for shit pay. That’s why they’re paid shit, companies CANNOT pay what no one not accept, PERIOD Physical slavery required people to be housed and fed. Economic slavery requires people to house and feed themselves.

  • @marknewton6984

    @marknewton6984

    Ай бұрын

    Joe doesn't care.😮

  • @Dani-fc1hc
    @Dani-fc1hcАй бұрын

    This is what happens with these ridiculously high prices, not surprised.

  • @user-cg9qu8mz8u
    @user-cg9qu8mz8uАй бұрын

    You people worried about rates and not about the whole total amount. People are crazy looking at 500k home but earn less then 80k a year

  • @d3r3kyasmar
    @d3r3kyasmarАй бұрын

    Thats why I am not buying a home yet.