Homes are meant to shelter your family. They were not meant to be investments.

@bigvalley4987

2 күн бұрын

Yes let get back to the basics. Food, clothing and shelter. Not an investment.💁🏽💯

@carolr7823

2 күн бұрын

No homes are investments. Probably the biggest investment that most people have.

@ronalcasid3844

2 күн бұрын

@@carolr7823 By the time you finish paying a 30 year loan you paid more than double the purchase price because of interest. Add on top expensive maintenance items like roof and HVAC system. You maybe lucky to break even if your house keeps up with appreciation. Is it really a good investment? I see my primary residence as an expense and rental properties as investments.

@user-qr7ee2cp4y

2 күн бұрын

@@carolr7823 yup....

@boyblue3270

2 күн бұрын

Well..there is a lot of toxicity stacked on top of this situation.

It's called GREED

@gt5713

3 күн бұрын

Greed is not new. It has always existed. The current amount of fraud is new, and none of it is accidental. Criminal gangs write the rules here, and it shows.

@damnjustassignmeone

3 күн бұрын

It’s called supply and demand. Not enough supply. Too much demand. It’s not greed.

@gt5713

3 күн бұрын

@@damnjustassignmeone These are not free markets. The currency itself is being rapidly counterfeited. To everyone who isn't close to a counterfeiter, life rapidly grows more difficult.

@Sonofawildanimal4241

3 күн бұрын

Capitalism

@Chad_Max

3 күн бұрын

No, it’s supply and demand. Always check the data on building permits. In recent years the permits granted for single family home construction has decreased. When supply is low and demand is high, prices go up. This is economics 101…

Get corporations (edit: and foreign investors) out of single-family housing and increase property taxes on individuals who own >2 units. That should free up a good chunk of supply and help prices even out.

@gt5713

3 күн бұрын

Price controls never fix the underlying problem, which is a currency that is based on fraud in which some must work for it while others can simply print/gamble/bribe themselves into a massive supply.

@x-men69-96

3 күн бұрын

Then rent will be x2 expensive. U know what the real problem is? It's the property tax. The gov is the ultimate landlord

@benjaminnead8557

3 күн бұрын

@@x-men69-96 No, since the 2008 housing meltdown, it's been opportunistic house flippers . . . dudes with paintbrushes who snap up properties, quickly doll up the cosmetics and then put the houses up for sale for tens of thousands more than they paid for them. Later, private equity firms have come into the large and medium sized cities. They buy up entire available neighborhoods, do their own version of the flipping scam and then typically make the houses available as rental-only properties . . . at a significant bump-up to what the house would have previously rented before.

@Seanpfree

3 күн бұрын

Congress will never do that. They ALL own multiple houses. History tells us the wealthy elite members of Congress will not vote against their own self interests.

@williamryder5021

3 күн бұрын

​@@x-men69-96 that's our local gov tho. Most property taxes do not go to the fed unless your homes on fed land. They go to your county or state.

I lost my housing twice during the pandemic, and then couldn't afford the skyrocketing rents anymore, so I ended up buying an old Toyota Sienna minivan to live in.

@karmasutra4774

3 күн бұрын

That's terrible, but on the bright side this led you down an adventurous path. Van life groups and forums make it seem like a really fun lifestyle. Hopefully you can enjoy it and will have a story to tell one day ❤

@Network126

3 күн бұрын

@@karmasutra4774 I'm just going crazy out here and falling behind on bills and barely even have any gas in my van.

@dr_flunks

3 күн бұрын

where do you put the litter box?

@PikaakaMrchu

3 күн бұрын

The only way to get out of that hole my freind is to work harder and make changes in your life that will be difficult at first but will help you progress. You have to realize if you stay blaming the cost of rent for your misfortunes, you will stay there.

@SheLoveSports

3 күн бұрын

@@karmasutra4774 Everyone isn't able to spend a small fortune to renovate a van into a living space and go driving around the country. There are levels to living in a vehicle. He did it out of necessity not as some type of fun, millennial adventure.

First-time home ownership is OVER. "Starter homes" are over 400k.. Average income is 60k. We're priced out due to price and mortgage rates. Wonder why Millenials and Gen Z are doom spending? Not getting married? Not starting families? Why is civil unrest growing while the wealth gap is larger than it ever has been in history? This economy priced us out and left us behind before we arrived. This doesn't end well for society at any socioeconomic level..

@DWilliam1

2 күн бұрын

Marriage and child birth is down because young people have figured out that the divorce laws and child support laws are criminally unfair and brutal. Who wants half of their net worth taken from them and then have to pay 35%-50% of your net income for two decades? That said, I do believe there is a huge wealth gap that is fueling the lack of affordable housing.

@MPPG663

2 күн бұрын

​​@@DWilliam1No, Dusty William. That isn't the reason 🙄

@MrLivewire1970

2 күн бұрын

It's not like that in the Midwest. I live in a rural part of Illinois and you can still find small 2 bedroom homes for well under $50k. There's no reason a Gen Z with no kids should be buying a 3 or 4 bedroom home, especially for their first place. Doom spending will only lead to a lifetime of regret, and for what? Some material junk you have to store in one of those extra bedrooms you wouldn't be using or afford. Get out of the cities, live small, and don't weigh yourself down with debt.

@VoteForBukele

2 күн бұрын

Weird. The millennials and Gen Zers I know (which isn’t every single one, I get it) are doing well. They’re actually pretty inspiring young hustlers - intellectually curious and able to adapt. Maybe it’s just the environment in which they were raised?

@keptbygrace6221

2 күн бұрын

​@@DWilliam1 if both spouses work, why shouldn't assets be split in half , just curious

Can't even afford a one bedroom apt working two jobs let alone worrying about a house it's insurance,high mortgage and repairs Most people I know are in the same boat and can't afford to eat Buying a house is the least thing in people's minds , barely surviving is!

@williamryder5021

3 күн бұрын

🫂🫂🫂🫂🫂 I feel ya. I'm working two full time jobs as well. Barely holding onto my home and even renting out some space too. 😢 and I'm just so tired. My doctor yells at me to work less. And I'm like you got some spare home for me somewhere? Lol

@salvadorbravo4187

2 күн бұрын

Part of the biggest problem is your realtor and mortgage lender they don't care if they put you in a home you can't afford and eventually lose to foreclosure.

@williamryder5021

2 күн бұрын

@salvadorbravo4187 this true and the overvaluation of the homes dont help. It's a 2003 built 728sqft starter home 140k brand new. Then it sold for 185k then it was sold to me for 275k and now it's appraised at 365k and my taxes have gone up 3x since I moved in due to voter levies for schools etc etc. It was made as cheaply and fast as possible in a cookoe.cutter community. Theese are not high value homes. Regardless of supply and demand certain things should only be worth so much money at some point. - I make almost 80k a year. I should be able to afford 728sqft of space. My whole lot driveway included is 2600sqft ppl have homes bigger than my whole lot all around me. 🤷‍♂️

@13Bravo77

19 сағат бұрын

Welcome to Bidenomics

Is this about unaffordable housing or climate change?

@Goat1229

2 күн бұрын

Exactly… very confusing

@whiqeddik7615

2 күн бұрын

Don't fall for it they're just trying to give you the run-around I can tell you right now it's because like I said all the Realtors got super greedy throughout all the past generations and hand it off most of the keys and the land land to foreign corporations such as Chinese corporations most specifically

@starbrite526

2 күн бұрын

What? Climate change and changes, in what used to be stable weather predictability, are causing unaffordable housing. This is because of the rising cost of available homes and raising insurance. And I know that's not the only factors but how is that portion of it confusing?

@HitsTownUSA

2 күн бұрын

@@starbrite526 It’s the cost of the home the insurance has to cover. The median price is in the mid $400K range. Prior to Covid the median price was around $300K. The southeast has always been hurricane prone, as for the west when you start building homes in forested areas you increase the risk of out of control fires, plus California has horrible forest management. It ain’t the climate.

@Ali-gb7mf

Күн бұрын

Climate change is the main reason house insurance prices have increased. The insurance companies are refusing to pay out for chronic storms and flooding. It’s costing them too much so they increase the deductible for the rest of us. That makes housing unaffordable. Not confusing at all……

Minimum wages have stayed stagnate while everything else has become more expensive

@user-dw1ls3rp1l

3 күн бұрын

What. Not ten years ago it was $7.20/hr. Now it's $16-20 where I live, depending on the industry. At any rate, home ownership was never meant for those making the bare minimum. It's the reward for showing a little hustle.

@petewilcox3354

3 күн бұрын

$20/hour dont do much when a starter home is half a million. Has nothing to do with hustle.

@user-dw1ls3rp1l

2 күн бұрын

@@petewilcox3354 Sure it does. Minimum effort and skills means minimum wage. Home ownership is not meant for everyone. Some people are destined to rent forever.

@lelandgaunt9985

2 күн бұрын

This is why we need $120 dollar an hour living minimum wage.

@user-dw1ls3rp1l

2 күн бұрын

@@lelandgaunt9985 Why not 200? Why not 500?

There are so many better places to live than the United States, based on multiple factors including health care, insurance, climate dangers, cost of living, crime, etc. For those with a choice, the US is among the less desirable.

@stewarthoi

3 күн бұрын

Yup, it can still be a great place to earn a good salary and accumulate wealth, which is what I’m doing before I retire early elsewhere 😁

@DWilliam1

2 күн бұрын

Not sure if China is the place I’d go…

@jeretso

2 күн бұрын

Other countries have gotten richer and some immigrants move to America with degrees and more money than ever. Some families are willing to live 10 in 1 house. Try outbidding that hardworking immigrant family. Americans can also find cheaper colleges in other countries that speak English.

@anamericaninchina869

2 күн бұрын

@@DWilliam1 China is an awesome place to visit and live. I really enjoy my Chinese friends and colleagues. Though, admittedly, China is not a retirement Mecca nor does the government want it to be. For retirement, planning on Thailand. Excellent and affordable health care, safe, can easily make it on a minimal social security income though most bring income from 401k’s. The land of smiles.

This is not just a problem in the U.S. Canada has this problem as well. In British Columbia for example where in a recent survey 1/3 of people there are considering moving to Alberta to find cheaper housing. People can get college degrees, a job, & still not find afforable housing here in 2024.

@user-dw1ls3rp1l

3 күн бұрын

Alberta isn't much better, not if you want to live anywhere around Highway 2. Banff or Jasper? Fugetaboutit...

Too many landlords. I can pay rent forever but why should I send someone else's kids to college just because I can't afford a down payment on a small home?

@bigvalley4987

2 күн бұрын

You need shelter at the end of the day💁🏽💯

@highlyillogical9399

Күн бұрын

Nobody's sending their kid to college off your rent money. That landlord has to pay the mortgage, taxes, insurance, upkeep, and maybe have a couple hundred left over each month. You are paying for a service, no different than staying at a hotel, and the house owner deserves to get paid.

Another primary reason: Regular Americans making 40K a year cannot compete with billion dollar investment firms. In Florida metros alone the last few years have seen them snapping up something like 30-40% of the available market, which essentially means they start to dictate it.

Not helpful information. What do we do about Greedy politicians and Greedy insurance companies.

@postmodernrecycler

3 күн бұрын

Madame Defarge is knitting and watching and waiting

Corporations and red lines and discrimination against minorities has become the fundamental issue

@sew_gal7340

3 күн бұрын

Ironically if you just lift the lower class into middle class with policies that help the poor it would also solve the racism issue since more afircan american families will be a part of the middle class. Sadly this will never happen because the richer people are, the more likely they will become conservatives (to pay less taxes)...dems would lose a majority of voters

@jg274

3 күн бұрын

when you say minorities you mean blacks and hispanics right? I dont think ive ever heard asians in any conversations. also how is the DEI leadership that is chicago and NYC treating you? thats the fundamental issue :)

@damnjustassignmeone

3 күн бұрын

@@jg274I think OP is just trolling

@newtec-kd6vy

3 күн бұрын

Actually it’s mostly the government getting in the way of builders

@530mnorman

3 күн бұрын

Can you explain more about what you mean by red lining? I'm aware of what that means historically speaking but I haven't heard that term used to describe any current practices. Please educate me.

Don’t ya luv the effects of unchecked corporate investment and short term rentals?

@celieboo

2 күн бұрын

This!

greed at if finest

@damnjustassignmeone

3 күн бұрын

How is it greed?

My house is like a 1400 Sq ft rambler with 3 bedrooms and a basement... a starter home... nobody is building starter homes to sell anymore... nobody is building 1100 Sq ft apartments to sell instead of starter homes....

@jeretso

2 күн бұрын

I remember living with 10 people in 1 house and 1 phone. Now everybody wants a bedroom and bath for each person. Oh and a larger vehicle per person LOL. Expectations have changed now that we have a huge phone in every pocket.

@munequa81

Күн бұрын

Because people want to live in large homes right off the bat so developers are not going to bother with building 1100sq homes.

Companies buying houses or manufacturing them for rent or lease only and the boomer generation never wanting to sell at a fair price. Additional shoutout to HOA's being corporate run now and extremely for profit using litigious behaviors to get what they want

Is all about supply and demand, there arent enough house being built and government dont want to zoning law to be changed because they dont want price to drop. No one want to have affordable housing in their neighborhood.

@princessandzipper4737

3 күн бұрын

In my area, they don't even build a house unless it's 2500+ Sq ft so the developers can make half a million on it. Then everyone setting their old houses, rent, etc based on all these new houses that are selling.

@raybod1775

3 күн бұрын

Not true, it’s about corporations being able to write down the value of the house and all other expenses are tax write offs.

@shaymalchione809

2 күн бұрын

They’re building million dollar homes in my area they’re pushing out poor people to the ghettos. But businesses are also shutting down idk who they think will work these jobs.

@jeretso

2 күн бұрын

Developers will also avoid building affordable housing in areas with too much eviction backlogs, rent control and other red tape. These areas can also change the laws overnight and pass more restrictions. High Risk and Low returns.

Greed

Stop building homes that are always "luxury." When's the last time you saw a large swath of real estate being developed into starter or entry level homes? How many decades ago?

There is a big push happening by wealthy folks buying up properties and raising to cost to buyers. It is practically a monoply on the real estate market! My sons are planning to buy in the next year or so. Luckily they earn good money. I dont know how people can afford the expenses involved in home ownership.

@jeretso

2 күн бұрын

Housing was cheaper after the bubble burst Americans had 10 years to buy at good prices. Now prices are pushing up. Many people are also working remotely saving time and gas money. Many are saving for that big bidding war.

Wages simply are not enough for most people to live and save money for a home (or any other thing). Car payments seem to be a bigger part of peoples budgets, and for longer too, these days.

That’s what happens when you follow the masses belief that a crash is just around the corner while you rent indefinitely and your down payment disappears

@user-dw1ls3rp1l

3 күн бұрын

All these clickbait videos, they make me laugh: "What they are NOT telling you! Why the biggest crash in our lifetime is happening soon!"

The economy is TERRIBLE if most Americans can't afford to buy a home.

@paxundpeace9970

3 күн бұрын

Minimum wages are super low. That's why 30% of people can't afford anything. Because they getting paid minimum wage or less then 12 Dollars an hour before taxes and insurances.

@highlyillogical9399

Күн бұрын

​@@paxundpeace9970so why continue doing minimum wage work? Isn't there something a person can do to earn more?

@highlyillogical9399

Күн бұрын

I don't believe the "economy," as the average American defines it, has ever been good. It's not like there was ever a time when every citizen was rich and satisfied with life. It's just that nowadays, uneducated poor people have access to social media. They just get on there and whine about how bad things are as if there's no path to climb out of poverty. If you want to afford a rich lifestyle, then do the work to make yourself marketable. If not, be prepared to live in poverty forever. There's no secret, you just have to make it happen for yourself.

Wrong! You can live in a house without insurance, if you own it instead of the bank owning it......

@rwall3450

Күн бұрын

Yeah but if that house is burnt to ashes you’re up a creek…..

The problem is the wages have not caught up with the hyper inflation of many areas and not sustainable to raise wages so high under current conditions.

@MrWolfchamp-xi3cu

3 күн бұрын

What does that mean?

@claireconover

3 күн бұрын

@@MrWolfchamp-xi3cuwhat part of “wages have not caught up” (ie kept up) is too abstract for you to comprehend?

@Network126

3 күн бұрын

I lost my housing twice during the pandemic, and then couldn't afford the skyrocketing rents anymore, so I ended up buying an old Toyota Sienna minivan to live in.

@paxundpeace9970

3 күн бұрын

That is not hyperinflation. Yes it is really bad losing about 10-15% purchasing power (deping if you high ot lower income) over two years due to higher food and energy prices. Still it seems that even outside those core areas insurances or housing and cars have become insanely high. It is outrages greed but this inflation is decreasing from nearly 10% (9.4% in 2022) to about 3% today) Hyperinflation is what had happend in Germany in the 1920s you need inflation of 60% or more each month. Prices for Potatos went up by 10 times within two months. From Late Dezember 2022 10 cent to 1 Mark.

@damnjustassignmeone

3 күн бұрын

We’ve had some inflation but certainly not “hyper inflation.” This isn’t Venezuela or post-WWI Germany. And general inflation isn’t really related to the rise in housing prices. It’s mainly lack of supply.

your data are just now showing this? Do you know how many Americans are living overseas because of this very problem????

People can’t afford it because people overspend on everything else in their life! New cars, expensive weddings, vacations, cloths, eating out etc..

@jeretso

2 күн бұрын

Huge phones too so you can watch more new product videos. I remember when we had 10 people in 1 house, home cooked meals and 1 phone.

I don’t think it has anything to do with global warming. The inflation has a lot to do with the housing market and people not making enough money to afford a home. The interest rate is through the roof. Insurance companies are the biggest money makers in the world. Let’s be honest here and start telling people the truth.

Overpopulation has nothing to do with it.

@damnjustassignmeone

3 күн бұрын

Who said we’re overpopulated?

@marryellenmonahan5585

3 күн бұрын

Has nothing to do with it😅

@mrxxbrian

3 күн бұрын

@@damnjustassignmeone No one! Because it's obviously not an issue!

@user-dw1ls3rp1l

3 күн бұрын

Unchecked immigration has everything to do with it. More people looking for places to live means increased demand, and increased prices across the board.

@marryellenmonahan5585

3 күн бұрын

@user-dw1ls3rp1l Need to look up the facts because it's very hard to immigrate here. We let in a very small number of immigrants... if they're getting in illegally, hold the border patrol responsible and change the system.

Look at pheonix and texas they were safe tax havens in past years, but the migration to those cheaper areas is now hitting a plateau as now the increased population is starting to increase prices in the same area Edit: forgot to mentention Nashville Tennessee as of reports lately

Answer: Uncle Sam letting real estate corporations own, price gouge , and wear the pants

I'm in Illinois and I live in a rural community of about 2000 people. My neighbor passed a few months ago and her one bedroom cottage home sold for $7500.00. A retiree from Florida bought it for a vacation home. Affordable homes are out there if you're willing to get out of the big blue cities.

Because a few people own more homes than they need. Thus they can charge more knowing people will either pay or go without a roof.

Finally some actually news that’s should be cover daily not the election or trump’s personal situations.

Milk is $10 at my local Safeway, this country is burning to the ground

@jjuanmarin

Күн бұрын

Dude go to another market

Climate change? Serious question- Can you give examples of Americans moving from one state to another bc of climate change? Not aware of this trend.

So if insurance companies are pulling out of these locations, shouldnt the premiums for the rest of us (outside of CA and FL) go down instead of sky rocketing?

@Lord_drippus

3 күн бұрын

No because of competition why would they charge less if they are one of the few that will insure you ?

@dawolvx3098

3 күн бұрын

@@Lord_drippus I was meaning for the rest of the people outside of CA and FL.

@jeretso

2 күн бұрын

Not in the short term. Insurance companies are licking their wounds.

Climate change is not why houses are unaffordable 🤣

@user-dw1ls3rp1l

3 күн бұрын

I stubbed my toe this morning. It must be climate change's fault.

@02nupe

3 күн бұрын

Not by itself, but it’s definitely part of the problem

@cd129

2 күн бұрын

@laylapreater7813 Comprehension is bliss.

The ridiculous high mortgage rates is my biggest problem.

to me it’s crazy that says you CAN NOT LIVE IN A HOME WITHOUT INSURANCE, but you CAN move out of the place you were born and raised. Plenty of us would do the former before the latter. I know plenty of working class ppl here in Florida now who are foregoing insurance. They’re paid off and saving cash

Out of state realities will buy it and rent at a high rate. Its the only way to get a family in there....sad!!!

Foreign cash buyers. American wage earners have no fighting chance.

Careful, they want to move things along faster. You'll own nothing.

When an area is declared a Disaster , the Federal Government offers Federal Loans at very Low interest rates , called FEMA , a built-in Insurance policy to help rebuild. whether it's an Earthquake , Fire or Hurricane , Tornado etc .

You have to be a fool to own a home. Just rent, the repairs are left to the owners.

They need restore SALT deduction. We only can deduct 10k

Anti landlords laws make most landlords leave the market so there won't be that much rental property, particularly in areas that are very anti-landlord. Also, most houses aren't the same as they were 80 years ago. They used to be bare bone. They didn't have A/C and were lucky to have more than 1 bathroom and few appliances and electrical needs. All the houses being built today are luxury homes that only rich people would have lived in decades ago. The biggest reason though that homes cost so much is that they don't mandate that you put 20% of more down. That means less turnover and that owners have skin in the game and won't abandon their homes if the market turns.

Why can’t you live in a house without insurance? It’s that a law or a loan requirement? 3:45 🙋🏾‍♂️

This can't be true. Even though Americans experience this on the day to day, the Democrats have clearly stated how awesome the economy is.

@bobby-ov9qn

3 күн бұрын

Yep. Bidenomics is the greatest thing since sliced bread.

Owning a home was never and will never be affordable for everyone. This is all bulldinky. Most people don’t want to work hard enough or long enough to 1. Save up a decent down payment. If you can’t afford $40,000 to purchase a $200,000 house (if you can even find something that cheap!) then you can’t afford to own a house. 2. They don’t do the required math to figure out how much the overhead be will into the future and that includes taxes increases , increased HOA fees, upkeep and repairs etc - you’ll need an account with ~$10,000 to cover these expenses and you’ll need to continuously add to that because houses are like people - they get older everyday and start falling apart if not CONTINUOUSLY cared for. Home ownership is not affordable for most people.

We can afford a down payment but spending 1000 a month on mortgage interest doesn’t make sense. Also putting 500k of your savings if you have it into a home means you are not investing that. Homes are now 500k-1 mill or more in a lot of neighborhoods. People earning even six figures still cannot save enough to buy a million dollar home unless inheritance or some amazing investments or you are earning 300k or something. Also property taxes are crazy for apartments HOA is almost same as rent.

Houses at their cheapest are like 5 or 6 digits in cost. That's probably why How many people can afford that?

The home market will drop 30 percent

Prior to 2000 30y mortgage rates were basically never below 7%.

@traderstatusquo

3 күн бұрын

But the prices were half or more what they are today…

I guess they’ll have to leave their country for a new one in search of an affordable lifestyle, oh wait…..

My grandmother had a small apartment above her home using the four upstairs bedrooms to make a nice apartment, and made an outside entrance. Small town, and safe. This was back in the 60’s, if not late 50’s. I always thought it odd, but I now know it allowed her to stay in her own home, and afford the cost. I guess my thoughts being, that sometimes not everyone can afford to buy, but should be able to find places like my grandmother had. I’m glad she could share and stay in her home.

We would have affordable housing if we increased cash/equity requirements for buyers. Now, it's standard to make a small downpayment on a property and finance the rest (80-95%) with a mortgage. If lenders flipped their loan/value offerings and were limited to financing only 20% of the value of the property, most buyers would not be able to come up with 80% of the property's value in cash. This would drastically drive housing prices down. Too many bankers and investors and politicians would lose money, though.

Let random people flood the border and you wonder why the lower priced homes are gone. There are a lot of hard working immigrants bidding up prices too.

I would have liked them to explain the infographic at 3:30

When this happened in Europe, they came to the 'New World'. The difference this time is there's no place to go.

@robm6803

2 күн бұрын

Just find another piece of land that you can steal from the original indigenous owners. I mean you got the guns and all…

@MPPG663

2 күн бұрын

​@@robm6803 😂😂

And the government wonders why nobody wants to have kids....

My insurance was dropped. The lowest I could find is 325% higher with a high deductible. The highest which is the average is 800% with a low deductible.

Its called planning your future and your kids future

My biggest hurdle for keeping my home is insurance. The demands are unreasonable. If your home is antibellum most insurers don't want to cover it. If you don't have central heat anx air forget it! If you roof is 25+ years old forget it! If your property around your home ( yard, treea,etc.) Is not perfect forget it. They either cover for 2 months then cancel or they raise your rate until you are forced to drop it then you can forget about finding other coverage. One went so far as to cancel me because it was tired of dealing with my Father and I wouldn't put him in the nursing home or throw him out on the street.

and its not anything that the news, or college degree majors, would have to say

They say “we have a supply issue, not enough homes” but then let in thousands upon thousands through the border….. in 2023 more migrants came through the border illegally then the number of homes/apartments built. This is disgusting. Prices will never come down.

The government should've let the population shrink naturally, by heavily limiting immigration. Smaller population will make life competition less intense and lower property prices as happened in Japan, which will eventually make the citizens happier

lol how is $2,110 35% of pay? More like 2/3 of pay. Who tf makes 6k a month take home? I’m doing great! making the most I ever made in my whole life and I’m barely bringing in 4K 🤦🏻‍♀️ apartments out there for 2k a month but are only actually worth paying 850 a month. And those of us who used to pay 750 for that ish aren’t even willing to pay that much for anything. I’ll go live in a motel instead. This is ridiculous.

Corporations are given tax write offs for expenses and write down value of property, not available to home owners. Congress could pass a law tomorrow allowing tax write offs only for owner occupied homes of 3 units or less. Without tax write offs, corporations and other entities would be forced to sell their investments and housing prices would come down quickly.

This is a really big problem, sweeping cross country. People are finding themselves priced out of their homes, because they have mortgages, that require insurance, which must be paid, according to the lien holder. Can’t ou the insurance, because there’s a sudden 40% rise in the insurance rate and, unless you can figure something out, you don’t live there anymore. I also suspect this will become so, with renters. I’ve lived in my apartment for many years and it wasn’t until a new company took over the complex, that they started requiring insurance. That goes up and maybe some can’t afford their apartment anymore. I’m a bit fortunate, in that I just inherited a mortgage free home. I have it insured. But, if I needed to drop insurance or if my insurer raised my rate or decided to drop me, there’s no lender saying I have to sell. Still, the home has problems. I don’t see it as the American Dream. I see it as a means by which to escape the American Nightmare.

It is compound it's a compound fracture we're dealing with right now as a nation we sold off most of the land to greedy corporations and we also are experiencing the massive migration of people running out of places to run to when all of their homes and most of the lands they lived on beforehand have flooded or now remain underwater or are just too hostile because of the resources in those areas becoming nonexistent are rarely available. Play better slap a test on having more kids because it's going to get pretty crazy real soon

Homes are a commodity not an investment.

There’s always Detroit land banks

The nation was lifted out of poverty, with affordable energy, and inexpensive vehicles. Our war on carbon, is why we have this inflation. The climate doesn't change by what we drive.

If you live in a high-risk area and know this, you should have to pay more. That definitely sucks for the rest of us, though.

Yep, been betting that people will be migrating to safer areas since the start of COVID, and that’s been paying off big. The next decade will be amazing!

This just in, the sky is blue.

Landlords, public housing made illegal 1997, corporatebinvestors. Theres the problem.

American greed

The insurers are trying to force a recession

We know what all this about Big corporate

Piece is 5 - 10 years to late...maybe talk about it when it was relevant. Or here's a new issue, The Sun makes Light, all this and more later tonight. Following, ever wonder why insurance company's keep raising prices but lowering quality?

PRIVATE EQUITY PRICKS WITH THERUMPS REPUBLICAN TAX CUTS, MONEY TO PLAY WITH. HA HA AIN'T THIS FUN! BUY IT TODAY, SELL IT TOMORROW FOR MORE! HOMES ARE WHAT WE LIVE IN AND RAISE A FAMILY. GO TO SCHOOL, GO TO WORK, GO TO PTA MEETINGS, HIDE EASTER EGGS, GO TRICK OR TREATING. YOU DON'T BUY A HOME FOR INVESTMENT, THEN SELL IT.

@karmaandkerosene2885

3 күн бұрын

Biden poured billions in stimulus into the economy and the private equity groups used that money to buy houses. You voted for this.

Unfortunately this guest knows little about the ramifications of the loss of home insurance. The point at 3:10 about "reconcile yourself to pay a lot of money just to be insured" is trivial. Insurers are not insuring at all due to the high risks. That's only the beginning. Furthermore: 1. Traditional banks won't lend to a potential homebuyer if the house cannot be insured - therefore the homebuyer will have to pay practically the whole amount in cash for the property at sale. 2. Affected properties will lose their current value because the property is exposed to a lot of risks, banks are not willing to lend, and someone with cash is able to negotiate the price down 3. Homeowners without insurance must account for natural disasters - break piggy bank in case of emergency. It can happen the first year or the 20th year, but the cash needs to be there. And then who knows about the impact all of this will have in the affected communities. Btw, the NYTimes had a report on this topic.

life is like a box of chocolates never know you may be stuck owning a home may 1 day have family kids need bigger home for family life's a journey not a destination

Hey insurance companies! Keep raising people's prices and pretty soon you will have NO business at all and you will go OUT of business!

Why why why greedy greedy reason reason to justify blamed the weather...oh my

The #GrossGREED And the #Algorithm is What Made This #Nightmare 4 Us All. #EnoughisEnough #WeNeedChange too Many People are #Suffering HAVE A #HEART 😢

ALL OF THAT WOULD BE HOSTILE ABSOLUTE VALUE |10|

Why did he keep bringing up climate change lol Florida has always been a flood risk ie being right on the water

THAT'S HOSTILE GET THE MONEY THAT'S DOMINOS ALL PARTIES

he just said a whole nothing Burger!

Wow Babylon is on her tipping point

>Buy single family home >Tranfer title to LLC >mark up property for extreme profits >destroy hosuing market We do a little trolling here and there.

One word...BlackRock.

Kinda funny cant buy one in america have 7 in Columbia by next week 😂

Saddest part, realtors and lenders don't care to put their "Clients" in a purchase that eventually will become a foreclosure.

Wait until Michelle gets in there. The climate narrative is comical.