Getting really sick of being squeezed from every single angle as an American. Health care, taxes, inflation, housing, stagnant salary... what is the end game? No one has money for anything? Then what?

@michelledelfrate1014

2 күн бұрын

Slavery! You ain't seen nothing yet!

@protoroc

2 күн бұрын

​@@michelledelfrate1014worse than slavery. At least with slaves, you might consider your investments needs. Serfdom is even worse, you're not even an investment.

@bjhouse817

2 күн бұрын

@@protoroc Pretty much, from the horrific plans in project 2025 and the amount of idiots willing to vote for the convicted felon, we'll all be in chains or the country will go real Mad Max pretty quickly.

@doct1400

2 күн бұрын

The endgame is pretty much where we are. A handful rule the world and the rest of us are too busy keeping our heads above water to do anything.

@07Flash11MRC

Күн бұрын

@@doct1400 "the rest of us are too busy keeping our heads above water to do anything": The only solution is to get together and do "something".

even if you sell your house at a price today, you can not buy a house for the same money.

We are not suffering from "inflation". We are suffering from price gauging.

@personnumber42

Күн бұрын

It’s both.

i can't find a decent place to live and it makes it hard to sleep properly to be rested enough to show up to a job...people with adequate housing don't understand what it does to a person

In my neighborhood, in 2009 during the recession, companies bought up about 40% of the houses. And we live near a school. Now 40% of the houses are rentals, via a corporations. And the rent is OUTRAGIOUS. And the neighborhood is going down fast, at the corps don't do any lawn work or house maintenance that we can see.

My family is living that hell. I am heartbroken for my kids

Homes should be places to live and raise families, not for speculation and gambling.

@cgyang

3 күн бұрын

Don't worry they are gambling with all of our money in the banks too. This is sarcasm, of course. Bottom line is no one should be able to buy politicians or legislation. It makes sense that taxes and regulation tend to benefit the richest people. And in some cases the rules don't even apply to them.

@07Flash11MRC

19 сағат бұрын

Learn about commodification. That's what this is.

Wouldn’t it be wild if people found out that their retirement accounts were invested in the same companies that were buying up all the homes. Using your money to bet against you, it’s a win win for them and a lose lose for the people.

@bjhouse817

2 күн бұрын

@@m-m-9000 That's exactly what is happening.

Hey but don't worry my fellow Millennials, if we just take their advice and we just work harder and longer we will eventually be able to put ourselves hundreds of thousands of dollars in debt and "buy" a home.

@mnn1265

2 күн бұрын

But by the time you save enough to actually afford one, in middle age, there won't be any available because the corporations will own most of them by then.

@yolopistolo194

2 күн бұрын

Guys don't worry, just vote red or blue. Things will change for you!

Corporations should not be allowed to buy residential property.

@paulcolburn3855

9 сағат бұрын

Why not? People can buy them. Corporations are just people. This is the USA. You can buy pretty much whatever you want for whatever reason. You want to make it criminal for a private equity firm (which is just a bunch of people) from buying real estate, then they will just buy everything up as individual investors. You don't want them to buy this, buy it FIRST and don't sell.

@felix0-014

5 сағат бұрын

​@@paulcolburn3855Corporations aren't people.

A government of the corporations, by the corporations, for the corporations will eventually crush the will of the people under the treadmills of debt.

wow that only means higher rent rates for everyone this is disgusting while the minimum wage is a slavery wage $7.25 the numbers don't add up

Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security....

@hamzahamza-bz3rf

2 күн бұрын

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

@ufuksenol2005

2 күн бұрын

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

@PineHosting

2 күн бұрын

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

@BigNate82

2 күн бұрын

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

@icucmerc

2 күн бұрын

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

I thought I was a conspiracy theorist for saying that the rich man is buying all the homes you will own nothing and be happy

Im in california, my niece and nefew moved in with us 2 years ago. Thier landlords declared it needed " repairs and up grades" after completetion thier rent will double. They had to vacate for these repairs. Umm. It didnt need repairs. Its a way to triple and double rents. WTF!

And they're also buying up big senior mobile parks like my mum's, which resulted in some leaving, some dying from the stress, exorbitant utility fees, and massive increases to ground rent which caused some to lose their home as it was repossessed by the owners. These are mostly very elderly and disabled people being thrown out of their homes. This creates more wealth for the owners/funds while destroying the senior parks and turning them into family parks they can charge more for. Criminal.

@maidenthe80sla

2 күн бұрын

I am temporarily renting in a corporate owned 55+ property and some of the residents are getting livid because they are seeing people well under the age limit walking around. They also stopped renting last year too. So I expect that there will be some changes upcoming and hope my visa is approved so I can escape this country.

@joshbanks9261

2 күн бұрын

Yep because the owner of the mobile home doesn't own the land that they're living on so privite equity can buy up the property. You don't need a visa just a passport to leave the country. Been living overseas for twenty years now its been an amazing time now live in Vietnam travel all around South East Asia.

Any candidate taking on these private equity firms and investors...I'm voting for.

This needs to be talked about all the time!

You will own nothing and you will be happy.

@BTurnMobMarine2

2 күн бұрын

That is exactly it. They told us their intentions & now we're witnessing it in full effect unable to do a goddamn thing about it

@Ravi-rl8tt

2 күн бұрын

@@BTurnMobMarine2 Could’ve voted out the establishment candidates on both sides.

@AnthonySopran0

2 күн бұрын

​@@Ravi-rl8ttThen you run for office lmao. Y'all can get involved in politics locally.

@Ravi-rl8tt

Күн бұрын

@@AnthonySopran0 I’m good

It is a sad statement of a country where the corporations are healthier and better protected than the average American worker.

@zerotheliger

3 күн бұрын

theres more of us than them yet nobody wants to kick things off already and get the ball rolling. the ones who make the laws protecting corpos are the ones who wana keep us oppressed.

Who would live in America? No healthcare system, massive corruption in government etc. We're just about to kick our conservative government out here in the UK

@mopes2713

2 күн бұрын

America is much better than the third world countries of Latin America. But a country like Canada is definitely more ideal than the US, economically.

@turkizno

2 күн бұрын

@@mopes2713 there is a real problem there though - if people living in America are annoyed about the housing situation, it is time to check in with Canada, they are doing WORSE

@WillieFungo

2 күн бұрын

@@danthsmith As a Brit, you need to worry about your own problems. the u.k. is basically a third world country stapled to London. Your salaries are half the u.s. despite a similar cost of living, and your healthcare system is a disaster.

@WillieFungo

2 күн бұрын

@@mopes2713 Have you spoken to any actual Canadians about this or are you just assuming?

@danthsmith

2 күн бұрын

@@WillieFungo at least we have a healthcare system. I had free, prompt and successful cancer treatment last year all Thanks to our postwar socialist government. We are about to kick out our Conservative government that’s been in power for 14 years. Also I won’t get shot by some random when I go shopping or to the cinema. I could go on but I prefer civilisation

At this rate the country is going to end up in all out war. When people can no longer afford food or shelter, there is nothing to lose.

Is there any government in the world paying attention to what private equity is doing to housing? It should be illegal to buy residential housing as investments by a group or someone who won't actually live there.

@heatherbeth4249

2 күн бұрын

Of course they are. It’s all by design. It’s part of what their plan is.

@turkizno

2 күн бұрын

@@heatherbeth4249 sadly true. Guess why Biden is not going for ceasefire for instance? Because Blackrock is behind him. Trump has Blackstone supporting him. Both of the candidates are just big companies messing up things. Guess where else Blackrock went to for this year? the G7 summit, with the other rich folks.

OF COURSE! Since poverty has been criminalized; and criminals have been privatized; we now have proven beyond ANY doubt, that CRIME PAYS!

When rich people make laws...

What we need to do is build a ton of housing, particularly dense multifamily housing, in places with housing shortages. Forcing landlords to compete with each other for tenants is how you bring rents down in a sustainable way.

@dallasdandigitalproduction393

3 күн бұрын

Where you gonna get the loans to build from? A private equity investor? They either WONT lend you anything,or they will buy your property down the line. These companies that buy the properties own banks . That's why we need government regulations on them.

@chiidora

2 күн бұрын

All the houses going up are strictly for rent or going for 1.5m. There are no new affordable houses because their is no incentive. The government could but won't do it due to lobbyists paying them not to.

@sillyhead5

2 күн бұрын

@@dallasdandigitalproduction393 Real estate developers tend to get their construction loans from banks and from private debt funds. Bank debt tends to be cheaper, but lower leverage. And with enough properties being built, all landlords (private equity or otherwise) will be forced to lower rents to attract tenants which is what we want.

Remove the extreme court, no kings, no neo feudalism, and justices for all.

Its no wonder young people are choosing nit to have children

I was recently at a town hall in my state of Oregon and senator Merkeley seems to be the only politicians I’ve heard even discuss this and is proposing a bill to end this corruption.

Most infuriating thing people dont realize is corporations buying hime near you WILL effect you. You bought your home in 2002 for 60k. Your property taxes are about 2k a year. However if the LLC buys your neighbors home for 300k guess what your property will be reassed to a similar value meaning you will need to pay property taxes on a 250-300k home meaning you now could have to pay 6k yearly so from about $160 a month to $500 a month. Wait til you retire that could be almost half your social security.

@brahmaistrash.indiaisatoil5292

2 күн бұрын

It already happened in NC. We paid way more in 2023

@protoroc

2 күн бұрын

Commenters just laughed when I tried to bring this up as a downside to property values increasing.

@shanerogers9386

2 күн бұрын

How much can an investor rent a pile of ashes for ?

Thank you for addressing the issue that our corporates media is not touching

That’s why (maybe) everything in America shouldn’t be for sale to everyone.

Something similar happened to African Americans. Slum lords collected rent but did nothing to maintain the building. Years later people who flew from these once-nice neighborhoods came back and blamed the inhabitants who currently lived there. Want to see the future of America, look at some pictures of these slums, then fight hard to stop it from happening.

Should be illegal for corporations to buy homes

@darex0827

3 күн бұрын

Know many people that can afford to build a 35 story, 720 unit building?

@jimbob3030

3 күн бұрын

@@darex0827 He didn't say build we are talking about buying and gobbling up the market to near monopoly on housing by just a few corporations. We are also not just talking about large multi family units we are also talking about them buying up existing single family homes in great numbers that used to exist on the market and that people could afford but that are now gobbled up with none left affordable. Between corporations and flippers and investors from outside of the country there are no entry level fixer homes left in major markets. It took me a full year to find one in the same state as me in 2020 and I had to move 6 hours away to live there, there was nothing in the affordable fixer category in the major metropolitan area I lived in or even remotely close.

@07Flash11MRC

Күн бұрын

@@darex0827 @darex: What are you even trying to say here? The answer to your question doesn't even matter, because it's all about your private anecdotes.

Yeah, we younger millennials are screwed. We cannot afford to move out of our parents house. It’s a shame.

We are all living in Pottersville. The alternate hellish reality from the movie, "It's a Wonderful Life" where the rich grumpy old man owns everything in town. Welcome to Hell.

@noel7777noel

2 күн бұрын

I was thinking the ton (cult) in the Netflix series Bridgerton. The (ton) people who have no job. The bloodline right to mailbox money. But this cult tells themselves they are the best.

The apt complex I live in was purchased by a multi state corporate management firm, my rent has gone up over 65% since 2021...

When the government let private equity firms buying residential property 😂game over.

@RobJohn80

Күн бұрын

What do you mean by let, there is no law preventing private equity ownership of homes.

@dayofthejackyl

Күн бұрын

@@RobJohn80 well there should be.

Replace private property with personal property. Replace copy royalty rights with open source. Make the government a constitutional direct democracy. Until then nothing will get better

@rickmolina2206

3 күн бұрын

That idea is wonderful, but human society isn't ready for that idea yet, it needs to get a lot worse and people will have to personally suffer to be prepared for something new.

@coryluke12

2 күн бұрын

Make you unalive.

Why would any politician, regardless of political party, work to resolve the Real estate investment company invasion when their very own stock portfolios probably contain the same REITs that are doing this to us in the 1st place?

@markm3477

3 сағат бұрын

Probably? Ha! They absolutely OWN REITS!

I swear, if they could buy up all the food and rent that to us, they'd do it, too.

@wantsome-zs5sq

2 күн бұрын

They'd sell us the air we breath if they could

You will never own a house , and soon you won't be able to afford the rent they want .

@newyorktechworld6492

3 күн бұрын

Vehicle life the new norm? 🚐🚘🚙🚗

@jimbob3030

3 күн бұрын

@@newyorktechworld6492 Many cities and states already have made homelessness illegal, or are working on doing so.

Of course Congress isn't trying to do anything about private equity purchasing housing, hospitals, etc. Congress is likely being paid by those firms and/or even invested in them.

@LostRussianLove

3 күн бұрын

Corporate pac money.

@mkona

2 күн бұрын

Agree

@roostercogburn7243

2 күн бұрын

Cool it with the antisemitism guys.

I just purchased a condo in Chicago after literally running to look at every apt on the first day it was listed. They are literally buying every single apt and jacking the rent up to ridiculous high levels.

I was joking to my sister that capitalism will always take 100% no matter how much you make. The Jerome Powell said that they want our savings depleted before they resolve inflation... Apparently it wasn't a joke.

When they say economy they are only measuring rich people's money. Corporations and rich people of course are doing well. Literally everyone else is suffering.

@protoroc

2 күн бұрын

"Small business owners" are doing fantastic, buying new 80k F250s all over the place.

This should be one of the largest issues our government should be immediately stopping from happening!!

@Wikimedian

2 күн бұрын

Why?

@mkona

2 күн бұрын

Largest issue

@chiidora

2 күн бұрын

Lobbyists pay more than Americans. Everyone knows the issue is high rents due to greed preventing people from saving up for homeownership. Lack of affordable housing due to companies/LLCS buying up starter homes to flip/rent able to pay full cash and over asking. Stagnant wages forcing people to renting. If your pay is only 2-3k and you have to rent, eat, pay utilities along with transportation and possibly student loans. By the time you have a down payment for that starter home the goalpost will be moved so far it won't matter. You end up trapped paying the 1.6k rent missing the opportunity to have $800 mortgage meanwhile the older generations with paid off 40k homes and $200 mortgages from 1992 tell you to just work harder or some bs

@Wikimedian

2 күн бұрын

@@chiidora What makes you think that private equity owning homes will result in higher rents? It's not obvious at all that that would be the case.

@chiidora

2 күн бұрын

@@Wikimedian they want a profit. If they lose money on an investment they write it off on their taxes. They will charge more than what's required to cover any costs because they can. Rent is a scam. My mortgage can be $850(including escrow) but I can rent out my home for $2500 as it's a 2br. Each Tenant would have to pay $1250 which is doable. I could also rent out the basement for an extra $600. Essentially I can make 3x what's required if money was my sole objective. Furnace and water heater have 10 year warranty and typically things don't just happen to well maintained homes that wouldn't be covered by insurance, warranties or couldn't be fixed after watching a KZread video.

Cenk, you said it a decade ago, "Get money out of politics!"

America was great when corperations had to work to please the public and not the investors.

@coryluke12

2 күн бұрын

Wrong.

For me, equity firms buying up housing and citizens united are the two most destructive things in the USA

the dollar value is not keeping up with the housing prices

That's one of the reasons now, with these corporations and banks buying up property/apartments and homes and making it harder, for people to get or maintain

Feudalism & serfdom, here we come! Just waiting for the supreme court decision affirming that indentured servitude is simply an employment contract.

Sorry. I have to put listening to this on hold. I can’t take anymore bad news right now.

Private equity firms should be illegal.

The price tags are very high and there's a plethora of homeless people without customers, how will they get revenue?

I really dont understand how any country can allow payday loans to exist.

@patricej3481

2 күн бұрын

The alternative is illegal loan sharks. Though the payday loan market sides with the unions to get rid of side hustles. Being able to earn on demand on your off time has put a dent in the payday loan market.

Private equity purchases of housing has destroyed ireland. Young people leaving in droves. Sad to see

Housing crisis coexists with the homelessness crisis, concidence?

Also as a renter i got mold ,lost savings everything ect and couldnt find attorney to sue..they make it so you cant sue them

Private equity owns our government hence why nothing ever changes.

America is falling fast

Republicans have you thinking the biggest thing to be afraid of is the lgbtq community and immigrants. Meanwhile the American dream is becoming unattainable because of big corporations.

@GregLakatosChradm

2 күн бұрын

No one is afraid of the alphabet people. LOL!!!! Where do you people get this nonsense? Of course illegals are a threat, we don't have enough unskilled jobs to support them, never mind the crime that they have brought with them. Do you pay attention AT ALL? Just because you can't make it doesn't mean everyone is like you.

@jemewilliams2181

2 күн бұрын

😂😮😢🎉

I love the American Idea of take everything from the poor except for their guns, and expect a non-violent outcome.

Private equity came in a bought a ton of houses in Columbus, IN. The rent around here used to be $500-1000(1k being the nice houses). Now its $800+ minimum. Ive seen studios for $1500. I get contacted every week about selling my house. Bought it for $67.5k about 7 years ago. About to just put it up for $500k and call it a day.

@1llustrousking

2 күн бұрын

Dont

@shanerogers9386

2 күн бұрын

Are they all fireproof?

@berkan.

2 күн бұрын

And where will you go with your rapidly depreciating $500k? Serious question.

@jonathanrossroberts

2 күн бұрын

@berkan. You can still buy property for a decent price around here. It's just me and my dog so I don't need much room. Build a house.

I feel priced out of America.

I think it's important to highlight that this is not a US only problem. Before anyone goes blaming current or former administrations, take a look at the situation here in Australia. House prices, and rental costs, have gone vertical since COVID. You literally cannot afford to buy or build right now (we've had six interest rate hikes in the past twelve months alone), and the rental market dictates even the smallest and most run down home is pulling 3 to 5 times what it may have done pre-2020. As an example, I built a home in 2010 for around $240K, house and land. This property sold in 2022 for $560K, TWENTY K MORE than asking price. It's now on the market again at $750K! And it's not even a nice house!! So, Americans, don't move here. There's no space, and we would rather not have you 😄

@arxsyn

2 күн бұрын

I would say it's much worse in Canada. Even a terrible property can go for one million in Canada. My dream of owning my own house is no more. There is just not enough housing. I'm not against immigration but unfortunately we don't even have enough housing stock. The vacancy rate in Metro Vancouver is under one percent. I've seen number as low as 0.4 percent in neighborhoods. I'm complaining now, but I'm grateful I'm even housed. I've always paid my monthly rent, but I've been evicted three times in a span of give years but rent is also expensive very increasingly unaffordable

This is end stage capitalism people. It was always meant to be this way! This is what you get when you vote for a party that does both but support the Rich !

Housing issue is HUGE - Private Equity/Hedge Funds buying up everything - it's a disgrace. Where oh WHERE are our policy-makers on this? NO WHERE TO BE FOUND, they do not care, then they wonder why homelessness is raging, seniors losing mobile homes they actually own but rented the lot the mobile home sits on, apartment dwellers cannot afford the PEequity rental increases, and believe me these firms raise rents asap once they make the buy - this is sick stuff!

@croaker4747

2 күн бұрын

Oh haven’t you heard? The border is the most important issue in the U.S. This is what happens when stupid people run the country.

It can be done locally. Jack up taxes on rental properties. In my state there is a small penalty for owning a 2nd home, i.e. not your primary home. But there's no penalty for renting. It's very lucrative. So it's not just big investnment firms. It's people with extra cash who buy up inexpensive realty, and charge 2X what the mortgage would normally be for the property. 1/2 the properties in my city are rentals. Many owned by average schmucks with a lot of extra cash. And they pay barely more in taxes than the resident next to them that own their home.

@williamrogers1219

2 күн бұрын

Here in SC single-family rentals pay much higher property taxes than primary residences.

You object to the "right" solution, which is for states to impose a real-estate surtax on properties not owned by entities not resident in that state. For corporations the "residency" would not be papers of incorporation, but documentation that the beneficial owners of said corporation are resident in that state ... to prevent shell companies being established. This is not difficult to do... basically the deed holder has to show that they have paid income taxes -- without reduction or offsets - in that state for any income derived from or otherwise connected with the real property in question. I'm not worried about offshore owners so much as I am the fact that everywhere I see local resources being milked at the expense of local residents. Of course this hits offshore owners every bit as much as it does a Delaware corporation buying properties in NYC, Dallas, or Phoenix.

"Private Equity Firms" a euphemism for cancer.

Ordinary citizens building wealth is not allowed anymore. "You will own nothing and be happy".

RFKjr talks about this all the time.

In 1970’ifmtookm15%’of the average gross wages to pay the rent. In 2024’its 35-40%. Millenialsm arent lazy- this is real.

The United States now effectively has two separate economies; the Investor Class economy and the Working Class economy. The first one is booming. The second one is tanking. This means politicians can talk out of both sides of their mouth. "It was the best of times. It was the worst of times."

This would make a great board game: you could have squares representing different properties, like Marvin Gardens and Boardwalk, and the object of the game could be to acquire as many whole blocks of real estate as possible in order to maximize the rent you take in! Then you could build houses or hotels on the properties to jack the rent up even more! Man, I’m gonna get rich off of this idea!

I appreciate the thorough reporting,but dam it's depressing

This quote has often been attributed to Jefferson, but it may very well be a retroquote, nevertheless it is a very fitting quote by whom ever said: “I believe that banking institutions are more dangerous to our liberties than standing armies,” Jefferson wrote. "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered... The issuing power of currency shall be taken from the banks and restored to the people, to whom it properly belongs.” - Thomas Jefferson, 1806

@federalreservewolflegend3523

3 күн бұрын

Well stated, educated people are AWARE of this quote. Americans have been dumbed down to trailer trash tho, so we LOST.

@CanadianSmoke

3 күн бұрын

@@federalreservewolflegend3523 Thanks to nutters like Oklahoma's Ryan Walters, the 19th century colloquialism of The Three R's, Reading, wRiting, and aRithmetic, will be replaced with one R, religion... indoctrination of authoritarian control.

We need to fully decommodify housing. Whenever people talk about a home being a device to build wealth, they are part of the problem.

Pride Rock Properties does this. I know because I slaved for them for a few months. Got fired because I fixed things, while 3 other maintenance workers hung out in people's apartments getting high, supervisor included. Don't rent in Sanford Landing apartments in Sanford Florida & Whisper Lakes apartments in Winter Park Florida. They paint over animal & human waste, etc. A/C units are 10 years & older, 75% failing everyday. Trash doesn't get picked up for weeks, always overflowing. The Sanford Landing location floods & they have done nothing about it for over 20 years. Rent continues to increase in the GHETTO!

do we still have a government at all

Another way to fix the issue and one that Democrats would appreciate is eliminating or at least reducing the tax breaks on rental properties.

@RobJohn80

Күн бұрын

There really isn't any tax breaks for rental properties.

Institutional investors are on track to own 40% of rental houses… not 40% of all houses.

indentured servitude to your corporate career to pay for a house that is overpriced isn't the PATH that we're ON Cenk, it's the STATUS QUO NOW and the past 20-40 years. STOP conflating it !!!!!

Affordable housing efforts are a hoax regulation is needed! a law was passed awhile ago about mortgage lenders not being able to provide financing for investment purposes passed 7% of their portfolios. BS again because these hedge funds are funding there own purchases! the rule only hurts the small business person who owns a few homes. You guys are right on point. the whole thing stinks!

The problem is capitalism.

@dlynn101

Күн бұрын

the problem is braindead Americans. CITIZENS UNITED PASSED WHEN EVERYONE HAD THEIR HEADS BURIED IN KARDASHIAN ASSSS. that one act of legislation sealed our fate. And most of you don't even know wtf it is. Please look it up.

@6246Missouri-tw1ss

6 сағат бұрын

@@dlynn101YES 😂

@1bluegreen2

5 сағат бұрын

HYPER- capitalism

damn corporate you scary.

And it's not like everyone doesnt know about this blackwater shit. Everyone knows it.

with private equity buying up housing, does that mean that housing is going to go bankrupt?

@NaniAgassa17

2 күн бұрын

😂 good one mate . We know the government would bail them out

Regulations? This is making it impossible to afford housing.

@WillieFungo

3 күн бұрын

Liberals always propose the worst solutions to every problem.

Parents/grandparents and their adult children need to start considering buying multi-generational homes. Get 5 family members to co-sign on a decently sized home with at least .25 acres of land.

@sal5604

9 сағат бұрын

Multigenerational living was normal until the mid 1900's. The government messed that up.

I’m loving TYT more and more!!!!! ❤

How much of that 10 billion blackstone was fined will be sent to the people were were over charged in rent? This is the problem when the people are wronged the Government fines someone but the people wronged never receive a red cent.

i had a friend that once told me "the market always fixes itself. there's no need for regulations on the housing market" he's now a house flipper/realtor

@joesmith3590

10 сағат бұрын

The market does fix itself when democrats get out of the way. Look at Texas home were built and prices stablize.

@todaynottoday

9 сағат бұрын

@@joesmith3590 thanks for mentioning that Ponzi scheme of a state called Texas like it wasn't the most obvious reach ever. solve your #1 rating in car accidents deaths per year rate, and then come talk to me

All we need to do is base property taxes based on the amount of properly you own more property higher percentage of taxes use excess to ofset property taxes for the poor .

TYT missed out on fact that PE leverages the heck out of their investments to further increase their profits. Making the assets far more susceptible to trouble in a downturn. I suppose this just means any housing correction would be even more pronounced.

@sedonars1

2 күн бұрын

Exactly! I'm 67, and this Rinse & Repeat has gone on every 13 years on average since WWII. We are long overdue for the final nail in the coffin, with REITs now leveraged to proportions never seen before. Expect it to coincide with the crash of the environment this time around! I understand that South Island NZ will be one of the few places where Real Estate will actually go up during the next catastrophe; for obvious reasons!

Absolutely sickening RFK junior has addressed this issue

Rental rates in the Green Bay area have gone up at least 25 percent in the last couple of years. And it's not just companies raising rent, it's private landlords as well. Greed. Pure and simple.

@hollymartin3291

Күн бұрын

It’s not greed, it’s capitalism, the American way. Robbing other Americans to get that 1% status

I have dual citizenship, and in Europe they have used their tax laws to stop housing from turning into a commodity. Yes, people there are not getting rich off of their homes because it suppresses price increases, although it's also made housing affordable for the average family, and even for single people who want to buy a home. The US used to be a leader in home ownership, and now it's outside of the top 50 countries. The statistics that are used are also deceiving. For example, they measure home ownership by household, and because of that young people that live with their home owning parents are considered home owners, so the government will say "yes, there's a problem, although the home ownership rate has only dropped from 45% in 1990 for the 25 to 34 year old age group to 41.6%. That is nonsense, and the small drop is because more people in that age group are still living with their parents. If it's measured at the individual level, instead of by households, the real drop in home ownership among the 25 to 34 year old aged group is 12.2% between 1990 to 2021. That is worrying, because studies have shown that home ownership leads to more stable retirements, generational wealth, and family stability. The "American dream" has also played a big role in immigrants transitioning into American society, and as a senior citizen I remember the pride so many immigrants had when they bought their first home in the 1960's and 1970's. It's well past time for the US government to start viewing things like home ownership, medical care, food security, and retirement as critical social needs for all American citizens. In general, Americans work really hard, and laziness is the exception, so people need to start being rewarded for all of their hard work, and corporations and the ultra wealthy need to start paying their fair share.

@joesmith3590

10 сағат бұрын

And Europe has a much worse housing situation in every way. Rentals are impossible. Thanks for showing how bad the ideas are.

@DavidS-ld4pf

9 сағат бұрын

@@joesmith3590 There is affordable housing all over Western Europe with the exception of the biggest cities or premier tourist destinations. Even in Paris the average one bedroom in the city center is 1338.00 per month, and outside the city center it's 998.00. In LA the average 1 bedroom apartment is 2254.00 in the city center, and 1941.00 outside the city center, and LA is not the most expensive city in the US.

@joesmith3590

8 сағат бұрын

That is meaningless without the incomes. lol eu education showing. Paris is like 35-40 euros average income and la is like 80k.

@joesmith3590

8 сағат бұрын

You should see how cheap thialand is dude must be good policy right? lol.

@DavidS-ld4pf

6 сағат бұрын

@@joesmith3590 Your American education is showing, because rent in a suburb of Paris is 49% lower than in Los Angeles, and there is a 34% difference in income. It's even more extreme when it comes to the price of owning a home, and this video was about home ownership.