Because so many people overpaid for homes even while loan rates were low, I believe there will be a housing catastrophe because these people are in debt. If housing costs continue to drop and, for whatever reason, they can no longer afford the property and it goes into foreclosure, they have no equity since, even if they try to sell, they will not make any money. I believe that many individuals will experience this, especially given the impending mass layoffs and rapidly rising living expenses.

@brucemichelle5689.

26 күн бұрын

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

@foden700

25 күн бұрын

You're correct! With the help of an investment coach, I was able to diversify my 450K portfolio across markets and produce slightly more than $830K in net profit from high dividend yield equities, ETFs, and bonds.

@PatrickFitzgerald-cx6io

25 күн бұрын

Would you mind providing details on the advisor who helped you?

@foden700

25 күн бұрын

Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

@PatrickFitzgerald-cx6io

25 күн бұрын

This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

@Justinmeyer1000

27 күн бұрын

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

@carssimplified2195

27 күн бұрын

Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.

@PatrickFitzgerald-cx6io

27 күн бұрын

This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

@carssimplified2195

27 күн бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

@PatrickFitzgerald-cx6io

27 күн бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

It's surprising to see landlords taking such drastic measures. I wonder what's causing it.

@Nernst96

5 күн бұрын

I think it might be related to the broader economic uncertainties. With the fluctuating job market and remote work trends, people might be reconsidering their living situations, and landlords are adjusting to the new demand.

@mikeroper353

5 күн бұрын

With all these changes, I'm thinking it might be a good time to revisit our overall financial strategy. Maybe consulting with a financial advisor could provide some insights into how to navigate through these shifting economic landscapes.

@PhilipDunk

5 күн бұрын

That's a smart idea. A financial advisor can help us assess our current financial situation, including housing costs, and develop a plan that aligns with our goals. Especially during times of market turbulence, having a professional guide can be invaluable.

@PatrickLloyd-

4 күн бұрын

Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

@PhilipDunk

4 күн бұрын

She goes by Tracy Annette Webb I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

@JacquelinePerrira

Ай бұрын

Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!

@Jamessmith-12

Ай бұрын

That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!

@kevinmarten

Ай бұрын

Mind if I ask you to recommend this particular coach you using their service?

@Jamessmith-12

Ай бұрын

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@kevinmarten

Ай бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

Stop corporate ownership of housing. Stop Blackrock.

@SomeUserNameBlahBlah

3 ай бұрын

BlackStone, not BlackRock. They're two different entities.

@greevar

3 ай бұрын

@@SomeUserNameBlahBlah They're both rotten to the core, and they chose those names on purpose to confuse the public.

@itsoktobehappy461

3 ай бұрын

@@greevar😂😂😂

@cpK054L

3 ай бұрын

@@SomeUserNameBlahBlah BlackRock is an asset management/hedgefund company. There is no doubt that they'd be using Real Estate as an underlying security.

@ruck-a-tron

3 ай бұрын

@@SomeUserNameBlahBlahBlackrock does buy a lot of single family housing.

Be a shame if someone hacked Realpage into oblivion.

@adamk.7177

3 ай бұрын

They'd need to be outside of US Jurisdiction or Uncle Sam would come knocking real quick. Hacking is a federal crime, even port scanning a random website could get a federal agent to come to your front door.

@adamk.7177

3 ай бұрын

Also, being outside of US jurisdiction usually means being an enemy of the US, and our enemies aren't generally trying to make life better for the average US citizen. They usually want us dead.

@shipped_my_pants_3000

3 ай бұрын

DEWIT

@douglasbaker9663

3 ай бұрын

or, hacked Realpage into decreasing rents.

@AG-iu9lv

3 ай бұрын

There is a lawsuit, get represented!

People who are partially homeless in the United States and live in cars are the product of a complicated web of interrelated factors. This problem is fueled by high housing expenses in relation to income, stagnating earnings, and income inequality. A lack of affordable housing, medical costs, evictions, job loss, a lack of social support system, and structural issues and insufficient policies all contribute to the phenomena.

@Peterl4290

Ай бұрын

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

@larrypaul-cw9nk

Ай бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@sabastinenoah

Ай бұрын

I've been putting off doing this for a while, even though I think I should. Since you appear to have everything figured out with the firm you work with, I wouldn't mind a recommendation, but I'm not really sure which firm to deal with because I think they're all the same.

@larrypaul-cw9nk

Ай бұрын

Her name is “TERRI ANNETTE MOORE” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

@sabastinenoah

Ай бұрын

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!

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!

@Franklin-gq4si

Ай бұрын

It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.

@CharlesArthur-fq5sx

Ай бұрын

I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?

@foreverlaura-fq4eu

Ай бұрын

Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.

@williamDonaldson432

Ай бұрын

I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?

@foreverlaura-fq4eu

Ай бұрын

Her name is Annette Marie Holt can't divulge much. Most likely, the internet should have her basic info, you can research if you like

Your rent is so high you can’t afford it and then the supreme court makes homelessness illegal

@harleygordon4485

3 ай бұрын

Will never happen, the Supreme Court is too conservative for that

@YourCapyBruv_do_u_rmbr_3Dpipes

3 ай бұрын

Or every single municipality does. So we're taking it at both ends right now.

@Bholla75

3 ай бұрын

#FuckTheCorruptedSupremeCourt

@someguy6762

3 ай бұрын

obviously someone is paying these rents,

@YourCapyBruv_do_u_rmbr_3Dpipes

3 ай бұрын

@@someguy6762 yes we are and it's an extreme burden for people of average or lower incomes. It's wrong and it shouldn't be allowed.

Where I live, average rent is between $1500 and $2000 per month. Pre-pandemic it was $700-$1500 per month. Collusion? Yes.

@blayzeon

3 ай бұрын

it was bad even before the pandemic. i could not find a single apartment that would allow rent negotiation, even if i prepaid the entire year in advance or rented units that they were not able to rent to anyone else (for some reason, no one wants the bottom units where i live). they said no. these apartments aren't even owned or managed by real humans. it's just investment companies who want a completely hands-off approach.

@starglow4375

3 ай бұрын

ALL BY DESIGN BY ISRAMERICA, BLACK ROCK, BLACK STONE, VANGUARD, ZILLOW ETC.... DO NOT FEED THE BEAST SYSTEM, DO NOT EMPOWER THEM BY RENTING OUT THESE EXPENSE RIGGED RENTS. REMEMBER THEIR AGENDA THEY SAY IT LOUD AND CLEAR ( YOU WILL OWN NOTHING AND BE HAPPY ). DO THE OPPOSITE B U Y YOUR OWN PROPERTY, GROW YOUR OWN FOOD, CREATE A CLOSE COMMUNITY, GET YOUR SELF AND FAMILY OFF TV AND VIDEO GAMES R E A D, HAVE FAMILY DISCUSSIONS LEARN TO BE CLOSER TO EACH OTHER THAT YOUR CHILDREN CAN TRUST YOU TO TELL YOU THINGS THEY GO THROUGH AND FEEL. TEACH YOUR CHILDREN THE IMPORTANCE OF FAMILY AND REALLY LOVING AND PROTECTING THE FAMILY UNIT VERY IMPORTANT. SELL PROPERTY TO EACH OTHER RELATIVES, FRIENDS, REAL PEOPLE NOT GREEDY PEOPLE AND OR CORPORATIONS LIKE ZILLOW ETC....

@Jryoko

3 ай бұрын

Same.... around my area or few towns around, you can get an apartment of 2-3 bedroom no problem for around 1150-1300... now?..... 1 Bedroom is like 1200-1500..... FKN INSANE...

@Chainsaw_HM2

3 ай бұрын

My old studio apartment is now 1630.00 and that’s because it’s on “special” from 1730.00. P.S. It’s not in the best neighborhood.

@katherenewedic8076

3 ай бұрын

​@@blayzeonit started full force in 2008

Isn’t it crazy how mortgage rates continue to rise with higher imports and declining exports? meanwhile the FED is yet to lessen cost. Something will eventually break if they keep raising interest rates and quantitative tightening

@DavidCovington-st2id

2 ай бұрын

indeed the mkt & economy has gone berserk, price of great assets like real estate, dividend paying stocks, or gold never comes down easily, in my humble opinion, buy what you can afford today, and working with a financial advisor certainly helps

@lawrencedyke

2 ай бұрын

Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.

@tmer831

2 ай бұрын

Hello Lawrence, how can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

@lawrencedyke

2 ай бұрын

My CFA ’’ Sharon Ann Meny", a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!

@tmer831

2 ай бұрын

I find this informative, curiously explored Sharon on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

@Ashley186fre2

3 ай бұрын

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

@Syndiewndell

3 ай бұрын

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

@JacquelinePerrira

3 ай бұрын

Impressive can you share more info?

@Syndiewndell

3 ай бұрын

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@JacquelinePerrira

3 ай бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

50% of your wage to be allowed a place to sleep = indentured servitude for future generations.

@jenna6256

3 ай бұрын

The rest of your pay will be to breathe soon

@DesertRaider-rb4zd

3 ай бұрын

​@@jenna6256 I hope i get a discounted subscription compared to the people breathing in that fancy mountain air. My air has dust in it.

@jenna6256

3 ай бұрын

@@DesertRaider-rb4zd Mine has chemicals in it from chemtrails. I hear ya

@Stigmatikk

3 ай бұрын

Mine’s jumped from 50 to 70 percent in four years. Neither number is close to acceptable. Plus it’s damn near impossible to find even an entry-level job. What a sad state of affairs.

@patriciavandevelde5469

3 ай бұрын

Stop having kids! No slaves anymore!

"We're not price fixing... we're just setting the price and punishing landlords who deviate from it."

@someguy6762

3 ай бұрын

rents are too cheap I think, 2 bedrooms should start at 2500

@itsirrelevant4565

3 ай бұрын

Come up with software to absolve lifelong crooks of their responsibility and intent.

@someguy6762

3 ай бұрын

@@itsirrelevant4565 point is we need to respect private property rights number 1

@boxerblvd3514

3 ай бұрын

​@@someguy6762wtf are you serious. I live on 2 acres 2bd room and a beautiful view. My mortgage isn't even 800. Keep making those landlords rich and paying off their mortgages. 🙄

@itsirrelevant4565

3 ай бұрын

@@someguy6762 What does my comment have to do with private property rights?

Price Fixing using a Computer Algorithm is illegal... Real Page is Guilty

Paying over $1,000 a month to stay in an apartment with no microwave, no dishwasher, no in unit washer/dryer, and no ventilation in the bathroom. I’m trying to move out this year because it’s bullshit.

@nomadkeller8612

3 ай бұрын

Another consideration to the Black Rock's is ALSO the skyrocketing property tax hikes over the past 3 years in almost every single municipality nation wide. This is as much to do with rent increases as the Black Rock cartels.

@parkerbohnn

Ай бұрын

Studio apartments rent for $2,600 a month not far from where I live and with bed bugs and black mold.

Welcome to American Oligarchy. A very few billionaires own congress so force legislation to favor their profit over citizens health safety and welfare.

@Hession0Drasha

3 ай бұрын

It can't continue forever, this is how stagnation happens and innovation dries up. Are more equal society will start outcompeting America, if it slides further into oligarchy.

@mikolowiskamikolowiska4993

3 ай бұрын

Move to another country

@hayuseen6683

3 ай бұрын

​@@mikolowiskamikolowiska4993 It's not their country, it's the People's. Besides, are you going to tell your 80s gram to move to another country to avoid being homeless rather than standing up to money bullies? Shame on you.

@Getloose360

3 ай бұрын

​@@mikolowiskamikolowiska4993after you....

@AzzekaTheRealOne

3 ай бұрын

Defund Zionist institutions?

Please stop calling them landlords. They aren't landlords! They're private equity firms with unlimited cash. They can sit on a property indefinitely without a tenant, and it makes no difference to them, unlike a real landlord who relies on cash flow. This is what's driving up prices. They could price a 1 bedroom at $10,000 a month and never get a tenant, AND THEY DON'T CARE because they don't need the money! It's just a write off to them.

@internetpointsbank

3 ай бұрын

Yes. And they can write the $10,000 a month unit as a loss on their taxes. This leaves little incentive to rent the unit if you have a large tax burden.

@someonespecial3149

3 ай бұрын

Unlimited cash that we keep giving them they dnt even have to rent anymore they just collect on non refundable fees and disappear over and over again because the market is supposedly tight.. they know people will always look for a place to stay. Massachusetts capping how many families can use a shelter if needed they are literally putting Americans hard working Americans out on the streets it’s crazy and we let them I dnt understand it we are so distracted and overworked and for what we can’t organize and agree enough to organize and take action it’s not about class and race religion anymore.

@mrcead

3 ай бұрын

Not a write off. Property is taxed differently than income. For example, all the pandemic money gained fro online sales can't sit in banks so they bought up properties with it to defer the taxes. Not having people in the building means the value is maintained because there is no wear and tear aside from the bare minimum maintenance costs. Any other money saved / gained is a bonus

@internetpointsbank

3 ай бұрын

@@mrcead Empty apartments are a tax write off. I managed apartments for some time. Some call this act a tax shelter, they lower your tax liabilities.

@sillyarms8493

3 ай бұрын

No one has unlimited cash

What the flying fuck is a government worth having that doesn't put a stop to stuff like this?

@wyettmuth8411

6 күн бұрын

To explain to your kids about white privilege and trans is the way of the future

@user-ne7zi3ym3b

3 күн бұрын

They're probably benefitting from it.

Make it illegal for anyone to own over 10 single family homes and no more than 20 duplexes.

I can't wait to hear about the $10 fine they receive for this!

@jamesbizelli8568

3 ай бұрын

Right! They know that the fines they receive are Pennie’s compared to the money they receive so there’s no punishment for bad behavior dollar general is the perfect example

@DrFeelGood96

3 ай бұрын

Hey if we're lucky we'll get a $1 check in the mail! Edit: my rent increased about $400 per month across 2 years at my last apartment. My last renewal offer they were generous enough to only raise my rent $50.

@user-cs7jq1mx6d

3 ай бұрын

So true.

@mspear01

3 ай бұрын

Won't even be a cash-out-of-pocket fine; $10 of your next rectal application fee...

@matthewingerson

3 ай бұрын

@@mspear01 Let 'em try to come and inspect! 😃 All they're gonna find is... 🕳 💩 Edit: After re-reading; I think you might have meant to say "rental" application fee. But, even if you did, I still stand by my statement.

Yup, my rent just went up $300. No difference to my space. It cannot be justified. Cooperate greed at its finest.

@aceous99

3 ай бұрын

same

@patmischel6883

3 ай бұрын

Probably there were no upgrades either like painting or upgrading the bathroom or kitchen plumbing which gets worn out even in a house huh? That might be a onetime hike just maybe.

@justanoman6497

3 ай бұрын

There could be an justifiable large increase without any noticeable difference on your part. For example, a sudden and notable increase in property tax, mortgage rate or inflation. In case the rent include utility, HOA fee and stuff of those sort, increase in those will be passed down as well. But this is rarely the case and even when it is, it rarely amounts to $300 unless you are renting something expensive to begin with (dollar value increase is rarely the correct marker, % is). Most routine repair and maintenance should not result in a rent increase, because a proper and responsible landlord should have a margin for that already, setting money aside from every rent check for just such a purpose. Naturally, if there was an unexpected catastrophic event or you asked for a particular upgrade, things would be different, but I presume you would have mentioned those if it was the case.

@katydid2877

3 ай бұрын

I see a lot of condo owners talking about their HOA increased a lot because the insurance on the property went up a lot.

@sunset6010

3 ай бұрын

My landlord takes 💯 % of my COLA. Every single year

*Appreciate your videos! I’m 54 and younger generations should know there’s no shortcut to acquiring wealth, but there are ways to go about it. Fellow millionaires don’t tell the poor/middle class they need the knowledge of finance coaches to help build their wealth. If anyone here needs a good coach, here’s it..*

@ZackFreinM

3 күн бұрын

Elizabeth Greenhunts get to her with the name

@anastasiamitrovic3107

3 күн бұрын

Good I got here. Big Thanks

If we did this in the HVAC industry it would definitely be called fixing....

Companies are doing this with salary data too! Please report on that.

@RaRaBravura

3 ай бұрын

"Algorithms" also hide discriminatory screening for jobs too!

@kilianmccrea3795

3 ай бұрын

This would be amazing. Pages like Indeed are so obviously data farming schemes made to tip the information edge to those with capital. Free market principles have been left to the wayside, and those in the labor market (all of us) are losing the value of our labor without any recourse.

@LtDanhaslegs

3 ай бұрын

When I worked at Briggs and Stratton, the ceo of the company said this every time pay came up during salaried employee town halls. It’s absolutely price fixing. I wish I had had the guts to stand up and call that out in the moment.

@LordDeadSpider

3 ай бұрын

I believe it’s called a “gentleman’s agreement” They do this even with their direct competitors.

@bassandtrebleclef

3 ай бұрын

lol, which companies?

I hate this. Every time a corporation gets caught they try to settle for way less than they took. I hope they don't settle so we can get accountability and have the company's reputation dragged through the mud for months, then pay out a huge settlement. We need real justice against our corporate captors.

@robertjenkins6132

3 ай бұрын

I think an appropriate punishment would be for the state to seize their property and put it under the control of a public entity tasked with providing affordable housing.

@ZeroF0Xgiven

3 ай бұрын

​@@robertjenkins6132and the public entity won't be controlled or involved with the government . . . exactly how? Anything the government touches benefits the government in the end, and we all know that. What you are calling for is communism and socialism - state control of everything.

@tr1bes

3 ай бұрын

They should put that high tax bracket in. Use that money to give back to the tenants for each year they abuse.

@AzzekaTheRealOne

3 ай бұрын

Defund Zionist institutions?

@Cnichal

3 ай бұрын

@@robertjenkins6132this right here.

No financial institution should be allowed to own 40% or more of the single family homes. This recession is paving a way for a monopoly on homes to further rid of the middle class. It would be wise for most Americans to not sell their homes if they're able to.I want to buy houses cheap in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some say they make a lot, others warn the market is risky. Advice?

@crystalcassandra5597

3 ай бұрын

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

@VictorBiggerstaff

3 ай бұрын

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

@grego6278

3 ай бұрын

Mind if I ask you to recommend this particular coach you using their service?

@lolitashaniel2342

2 ай бұрын

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

@kingtrance307

2 ай бұрын

She is a scam artist NOT TO BE TRUSTED‼️ My rich uncle invested with her and her people turned out to be operating in an off shore scam center!! 💩💩💩💩💩

THIS is EXACTLY what is happening in Michigan. Can't even go rural, prices are exactly the same. No competition. In 8 years Rents he are up 200-400%. Many in cars.

@KH-rt3ef

Ай бұрын

They want half a million for a trailer house in a swamp.

One of the reasons home ownership has gone down, it’s damn impossible to save up for a down payment when they keep increasing your rent every time you renew.

@krslp

3 ай бұрын

I think that may be the point. Same goes for cars. Most people lease (rent) cars that aren’t built to last. A large chunk of Americans don’t actually own anything of value. Which some might say is exactly where “they” want us to be

@Jryoko

3 ай бұрын

@@krslp Its exaclty where "they" want us to be..... literal batteries for their wealth for their generations ... while all the other people suffer so they they can enjoy life.... which is fkn insane... imagine working all your life... so that another don't have to..... that should be enough to be up n fkn arms but people are so Distracted by dumbshit like that viral "man or bear in a forest" bullshit that they dont know whats actually going on before its too late....

@X0AleeX0

3 ай бұрын

@@krslpI’m surprised your comment didn’t get deleted. They usually don’t leave truthful comments up.

@Kingsombra21

2 ай бұрын

Yep yep yep I’m rn renting a 800 dollar basement room because I cannot afford a regular apartment saving up for a house one day? I got rid of that dream a long time ago I’ll get my own house in heaven

@carolschwartz5070

Ай бұрын

That's my story.

The fact that landlords and these megacorps can get constantly caught in this and get slaps on the wrist constantly is depressing

@timetowakeup6302

3 ай бұрын

This is a direct result of collusion between corporations and govt. They are essentially one and the same. The rich make the rules to benefit themselves and screw everyone else. This is why you now have 75% of the country living paycheck to paycheck with no savings to speak of. Greed has ruined this country.

@eksbocks9438

3 ай бұрын

​@@timetowakeup6302 The same way that British colonials treated the Irish during their potato famine. We're not human beings to them. Just "filthy peasants" who are in the way.

@d1j16

3 ай бұрын

Golden Rule: the ones with the gold, who make campaign contributions, get to make the rules via their rented units in the form of elected officials.

@user-qi7mi3xo4e

3 ай бұрын

the fact we still have trust in capitalism is depressing

@timmularkie3675

3 ай бұрын

its because of taxes.... the government loves money

You got valid points though Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.

@Patriciacraig599

2 ай бұрын

There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.

@Alejandracamacho357

2 ай бұрын

As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.

@Robertgriffinne

2 ай бұрын

We’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

@Alejandracamacho357

2 ай бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Linda Aretha Reeves” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@Christine-ce4xo

2 ай бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

I live in Massachusetts. We had some d-bag from L.A. buy the building we lived in and immediately increased the rent from $1500 for a small 2 bedroom to $2600 a month and he wanted first last and deposit to sign a new lease. We left and moved somewhere cheaper. The people with money from out of the area are buying up these properties and jacking up the rent, when people can no longer pay, they flip the property to someone else and it goes on and on. The people that grew up in these small towns and cities can no longer afford to live in their own communities

@vmaultsby

3 ай бұрын

Wow that's ashame 😮

@Night.League

3 ай бұрын

Reminds me of hawaii

@Jryoko

3 ай бұрын

@@Night.League F A C T S...... OMG..... I heard about hawaii... FKN MADNESS !!!!!

@littlestbroccoli

3 ай бұрын

Disgraceful.

@Blankilo

3 ай бұрын

Happening to my city right now.. out of town investors are coming and jacking up the rents

I got to say this all sounds like a monopoly. Cartel. And it's 100% super illegal.

@BearingMySeoul

3 ай бұрын

It's second only to the US healthcare cartel!

@AA-iy4gm

3 ай бұрын

When you look into major companies across the board in the us it's either a monopoly or duopoly either way, one or two BIG companies cover the market for each area...add lobbying into the mix and they can do whatever they want.

@snark567

2 ай бұрын

It's only illegal if you don't have the right connections.

@katarh

2 ай бұрын

Given that 90% of the landlords in the DMV area are using it, absolutely. I'm glad that they're suing. I know that they swear the solution isn't more government regulation or additional taxes, but I'd say that a landlord with less than 90% occupancy ought to be forced to clear any rental price increases with the local city or county government and get a waiver, or else have to pay a fine to the tune of half the value of each unrented apartment. Oh, you don't want to pay a fine? Then lower your darn rent to attract yourself back to 90% occupancy again. That gives you plenty of leeway to flip apartments in between tenants if your rents are actually priced correctly to market conditions.

@frankherman5195

2 ай бұрын

Someone is getting bribed

This is why no one should be required to pay more than 30% of their income.

@APERSON2POINT0

15 күн бұрын

Right. It would be nice if their was a code enforcing that housing can't exceed one third of the local areas average earnings. A code, as cities are different and not every American would like to subscribe to such an economic control in effort to maintain our autonomous heritage. The little we have remaining in this sad state of our nation. Our empire has fallen.

I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

@BiancaSherly-qt6sb

Ай бұрын

Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

@maryHenokNft

Ай бұрын

The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

@maggysterling33254

Ай бұрын

@@maryHenokNftImpressive can you share more info?

@maryHenokNft

Ай бұрын

*Gertrude Margaret Quinto* is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@StellaMaris-lv2uq

Ай бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

I've been saying this for years. The "market rent" excuse is a JOKE. It started to occur to me that landlords actually benefit from their neighborly landlord increasing their rent. If they all are in on it, they all get paid and can use "market rent" as an excuse. I remember in about 2018 or 2019 an absolute dump of an apartment complex was talking about $1200/month for a 700 sq.ft 1 bedroom and none of the others in the area were much better. I finally vented about it being wildly unfair and they all wanted to shrug and say "the price is fair because its 'market rent' for the area". They all use "market rent" as an out for taking accountability for what they're actually. None of them ever had an answer when I said "okay so YOU benefit from them hiking their rents up, how do I know y'all aren't all on the same page as far as agreeing to keep the rent sky high so everybody makes out with high rent?" If they hold the line, they win and we are all homeless or begging people to be our roommates in cramped apartments, splitting rent with people we don't even like just to survive.

@beardedgaming3741

3 ай бұрын

there is more to it than this. i had 350 units in a large metro years back. if you buy a building (im talking about 20+ unit buildings). there are always problem tenants. domestics, police calls, destruction of property, poor choice in friends, the list goes on. the more you charge the less of these problems you have. IF you want to keep rent at 600 but those around you start charging 650. now your building will have the most problems in the area over time. so you raise your rent to 675... and the leap frog continues. even if your not on this rent site, even if you dont even know about what they are exposing in this video... you end up raising rent anyway because of how things work.

@gerekgerek9042

3 ай бұрын

@@beardedgaming3741 Ok Slumlord.

@DesertRascal

3 ай бұрын

Landlords are the best example of ENTITLED business owners. There are no rights in America, except the right to make a buck. Making a buck is angelic, it's blasphemy to regulate.

@dclaet1135

3 ай бұрын

@@beardedgaming3741 What about better background checks?

@beardedgaming3741

3 ай бұрын

@@dclaet1135 I've never much cared for that. They have their place but, it's too often used to prevent people getting a second chance. And if you're in a shit spot in life trying to rebuild, housing is kind of a big thing. There's also liability. Finances is the surefire way to not violate a disability act or affirmative action or other types of profiling suits. But that goes into a whole nother avenue of how the rental situation is fucked up

That mention of a 12% increase really caught me off guard because that is EXACTLY the amount my rent was raised last year. And the landlord justified it by claiming it was still competitive when compared to "market rates", which I think has become a coded term indicating this algorithm is being used to price fix entire renter markets.

@someguy6762

3 ай бұрын

good for them raising it a comfterble amount :) 12 seems good

@nomadkeller8612

3 ай бұрын

Another consideration to the Black Rock's is ALSO the skyrocketing property tax hikes over the past 3 years in almost every single municipality nation wide. This is as much to do with rent increases as the Black Rock cartells.

@RaEscobar26

2 ай бұрын

I got the same response from my landlord when they raised mine by that much, however I called them out on it as they own multiple units throughout the small city I’m in, enough that if they set their prices they can control what the rent is, when I brought it to their attention they lowered the proposed amount and only raised it 80$

@someguy6762

2 ай бұрын

@@RaEscobar26 with inflation going up its super important that landlords raise a healthy amount too would not be fair to not raise

I dont doubt for one second that this is likely to be going on all over the USA.

I was with PB Bell in Phoenix in the same unit for ten years. Rent went from $750 to $1600. Management told me they were matching rates of other complexes in the area. That they gain a higher profit by having renters leave than stay long like I did. Doesn't make sense because in ten years they never had to upgrade the unit and I paid the same as a new tenant. The stove and oven didn't work at all. I didn't have hot water the last two years. Ripples in carpet. I left Phoenix and moved to a rural community that's affordable. I'm glad to see the DOJ is working on this.

This is what class warfare looks like. We live in a corrupt oligarchy. We need ranked-choice voting, ballot access, and more parties.

@dao8805

3 ай бұрын

We have a chance to break the stranglehold of the duopoly and open up ballot access for all independents and third parties. We can make this happen this November by supporting RFK Jr.

@jackhartman628

3 ай бұрын

@@dao8805 That would bring on another Trump term, and Trump is a LANDLORD who would never, ever protect tenants.

@Terrakinetic

3 ай бұрын

I used to think ranked-choice voting was a good idea, until a person who only received 21% of the first choice votes won and proceeded to mess up the entire city. Now I leave the 3rd and sometimes even the 2nd choice slots blank for fear of a terrible person managing to gain power. That system requires the public become so much informed on all levels of politics and so much more coordination. Even if the idea is good, the people are bad, and they'll game it just like all the other systems.

@theboyisnotright6312

3 ай бұрын

No, the law is on their side. But the French invented a machine in 1789 that will fix this😊

@yunglynda1326

3 ай бұрын

we need landback

It's official, folks. Here is how everything works. We live in a "don't blame me; I'm just following orders" world. You only get to talk to the order follower. When you ask for the order givers, the answer is, "they don't talk to people." You only get to talk to a Filipino on the other side of the world who is paid a bowl of rice every two weeks. I call this "layering" and almost all companies do it. Each side is then able to escape accountability for egregious actions.

@KH-rt3ef

Ай бұрын

The culprits are in DC, in expensive offices and apartments.

@rosecapitalgroupinc

10 күн бұрын

Funny as hell...😂

I'm a small time landlord and I've never even heard of realpage. I use real market feedback to set my rents. If there's no one interested in my unit at a given price, I lower the price. And I raise the rent when my costs go up. Unfortunately, all of my cost items are going up - insurance premiums, RE taxes, maintenance (plumber, handyman, appliances, fixtures, etc). I am actually making the same margin as I did 6 years ago, but the rents are 24% higher because of my costs.

12% rent increase and 2% wage increase wow greed at its finest. Think about people on ss,ssa, or disability wages don't go up with these increases very sad. 😢😢😢

Seems like the "algorithm" is just an excuse to charge more and blame it on software. Pathetic

@MrDCMiami

3 ай бұрын

We live in a "don't blame me; I'm just following orders" world. You only get to talk to the order follower. When you ask for the order givers, the answer is, "they don't talk to people." I call this "layering" and almost all companies do it. Each side is then able to escape accountability for egregious actions.

@starglow4375

3 ай бұрын

ALL BY DESIGN BY ISRAMERICA, BLACK ROCK, BLACK STONE, VANGUARD, ZILLOW ETC.... DO NOT FEED THE BEAST SYSTEM, DO NOT EMPOWER THEM BY RENTING OUT THESE EXPENSE RIGGED RENTS. REMEMBER THEIR AGENDA THEY SAY IT LOUD AND CLEAR ( YOU WILL OWN NOTHING AND BE HAPPY ). DO THE OPPOSITE B U Y YOUR OWN PROPERTY, GROW YOUR OWN FOOD, CREATE A CLOSE COMMUNITY, GET YOUR SELF AND FAMILY OFF TV AND VIDEO GAMES R E A D, HAVE FAMILY DISCUSSIONS LEARN TO BE CLOSER TO EACH OTHER THAT YOUR CHILDREN CAN TRUST YOU TO TELL YOU THINGS THEY GO THROUGH AND FEEL. TEACH YOUR CHILDREN THE IMPORTANCE OF FAMILY AND REALLY LOVING AND PROTECTING THE FAMILY UNIT VERY IMPORTANT. SELL PROPERTY TO EACH OTHER RELATIVES, FRIENDS, REAL PEOPLE NOT GREEDY PEOPLE AND OR CORPORATIONS LIKE ZILLOW ETC....

@nomadkeller8612

3 ай бұрын

Another consideration to the Black Rock's is ALSO the skyrocketing property tax hikes over the past 3 years in almost every single municipality nation wide. This is as much to do with rent increases as the Black Rock cartels.

@starwalk3r

3 ай бұрын

That algorithm was specifically designed for how to increase profit to the user.

@someguy6762

2 ай бұрын

market went up so rent goes up no excuse needed just raise the rent

I was astonished to hear that they are enforcing these rents and punishing those who don't abide. That is just insane how transparently criminal it is

My apartment complex is part of one of the lawsuits in AZ, can't wait to see what happens! We definitely knew something weird was happening while looking at potential places to move, when nearly all of the surrounding complexes within a 20 mile radius had identical prices. It was either move and *maybe* save a few bucks, but then have to pay all the new fees, moving costs, deposits... Basically forced people to stay.

Price fixing is a racketeering felony. Good to see the AG taking action on this.

When I was in apartment leasing, I was required to use this price fixing model by my supervisors and every time I pushed back saying the rent was too high for the amenities, age of appliances, area, etc. I got push back and was asked to justify why I felt the price should be lower. Speaking from the very bottom, Realpage intimidates you into believing that their price fixing model is supposed to help YoY profit but it just unhouses more people.

@aceous99

3 ай бұрын

the cartel doesn't like people who are against profit progress

@dao8805

3 ай бұрын

Thank you for sharing from an insiders prospective. RealPage is owned by a private equity firm and it's private equity conglomerates like Black Rock and State Street that are escalating prices across the board. I highly recommend a short video "RFK Jr.: How Hidden Monopolies Are Driving Up Prices". He is the only candidate who sees how this is hurting low and middle income people and is committed to fixing it. The video is about one woman's experience, she explains how she was priced out and lost her own business and how most people don't realize the businesses they think are individually owned are just fronts for huge private equity firms.

@seanthetropicalprawn7220

3 ай бұрын

Same! Leasing Apartments was my first job out of college and, I didn't realize it then, but the only way prices changed daily (based on multiple factors) was through an algorithm. It also made certain assumptions that were so messed up. For example, a family's rent would rise $300/m and that family would put in their notice. They would then see that the listed price for the unit was exactly what they currently pay, come into the office, and we would have to basically tell them yeah sucks but nothing we can do. It capitalizes on the inconvenience of moving and always assumes you'll pay more, but wants the unit filled even if at a lower price.

@dao8805

3 ай бұрын

@@seanthetropicalprawn7220 Thank you for sharing. This is precisely the kind of behavior that defeats the idea that competition will drive down prices. This isn't even free market capitalism; it's just plain rigged and no one is talking about this stuff except RFK Jr.

@user-qb8qm4mp5n

3 ай бұрын

The only way to get a lower rent is to move. Leasing offices always skimp on tenant maintenance requests. Some of these buildings are so old they need to be gutted to fix the plumbing, yet they won't do it with an opportunity between tenants because it's inconvenient and costly. The consumer renter has to put up with this crap they dish out.

this is one reason, but there's actually many terrible reasons. giant corporations buying up housing, short term rentals taking over, intentional inflation and price gouging, the list goes on

@user-hm5zb1qn6g

3 ай бұрын

the list also includes: Allowing 10 million invaders across the borders in four years. They gotta live somewhere.

@kylejohnson6775

3 ай бұрын

And, the reason that goes unmentioned a lot of the time: It's illegal to build enough housing. That's all zoning laws do. Limit supply. Everything "good" they do, doesn't need to be in the zoning code. You need to buy a specific exception to the zoning code to get anything built in cities because they've already built all the housing allowed by law, they can't build any higher. Loosen the zoning laws, allow more supply to meet demand, lower rents.

@illuminatingone

3 ай бұрын

See also: REITs. Greedy wealthy people are squeezing short term gains out of a long term investment vehicle. Real estate gains are long-term, low-risk, you don't see returns until after 15-30 years of a tenant paying your mortgage. But now people want the tenant to pay their mortgage AND another $1k plus for them to pocket that month.

@HistoryInCashmere

3 ай бұрын

"Hulk Hates Immigrants, They Take Hulk's Job"

@user-hm5zb1qn6g

3 ай бұрын

@@HistoryInCashmere That's a pretty good representation of how angry it makes me, yes.

This one company is driving an entire market melt up… The damage is UNREAL.

Greedy landlords and excessive government spending.

Thank you!!! I have been trying to get people to understand this. This is why, when you threaten to move elsewhere due to a renewal increase, it does nothing. They know you can’t find anything better because everyone uses the same pricing system

@tr1bes

3 ай бұрын

That's why they should have a high tax bracket. Use that money to give back to the tenants.

@feriateam8074

3 ай бұрын

Note: because all other land lords are Using the Same illegal price fixing system called Real Page. All land lords are guilty and should have their Apt complexes confiscated by Fed Govt.

Why is our media and Government so far behind? This has been happening for years! Pure simple, evil and greed.

@nraketh

3 ай бұрын

There too little money in journalism now so we just get crap reporting.

@Byssbod

3 ай бұрын

Why do you think? One group is constantly causing chaos in the govt The media's just stupid these days that's the easy one to explain

@JoseLopez-tk4tq

3 ай бұрын

When 95% of all American TV, cable, radio, internet, cellular, etc, companies are owned or are subsidiaries of the Big Five media giants, unfavorable developments like this will be ignored and buried until the stench can no longer be ignored!

@mspear01

3 ай бұрын

Follow the money

@dannyboy5008

3 ай бұрын

The government is filled with wealthy and elderly people who don't experience the problems of the average American.

Plus, Land Lord's get a Tax Write Off for empty units. What is the incentive to reduce price to fill units?

This is having a terrible effect on disabled people who are looking for housing

@someguy6762

3 ай бұрын

they should find a cheaper place then

@markovichglass

3 ай бұрын

​@@someguy6762did you not watch the video? Can you disclose where one would find lower rent, when some places have 90% rent controlled by this stupid algorithm pyramid scheme that the government will protect because it doesn't care about it's people. Especially the elderly and disabled.

@markovichglass

3 ай бұрын

​@@someguy6762g just watch the last 2 mins

@iwishpeoplecaredagain

3 ай бұрын

​@@someguy6762name a place

@EZ4696

3 ай бұрын

Just shouldn’t of been disabled in the first place huh

Blackrock is the ultimate slum lord

@Redpoppy80

3 ай бұрын

How is BlackRock affiliated with RealPage?

@zachmoyer1849

3 ай бұрын

@@Redpoppy80 same business model buy everything for sale in an area and then you control the pricing of that area. This is just organizing all the landlords to act as one entity instead of the capital all coming from one company.

@dao8805

3 ай бұрын

Blackrock and the owner of RealPages are both private equity firms. Watch the video "RFK Jr: How Hidden Monopolies Are Driving Up Prices". Kennedy is the only candidate committed to fixing this. The others aren't even talking about it.

@loribach534

3 ай бұрын

Birds of the same feather flock together!

@AnonymousAnarchist2

3 ай бұрын

​@@Redpoppy80Sorry Zach was a bit vauge. Real-estate investors drive up the cost of rent by buying up and selling rental properties. Each time a property is bought they can use a service like RealPage to do a "comperable service price evaluation" as though they where renting an brand new set of condos. I am sure you can see how this might snowball if everyone was doing it. Whats worse, the national realtors association uses the same formula's to evaluate all homes being sold, causing even less competition, and making realestate more and more of a Ponzi Scheme and less of an actual value added buisness model. And I do mean that real-estate has become almost fully zero value added, new construction is amazingly rare. Shockingly rare, and more suprising still is the overstock of homes in the USA despite the market being very scarce that is to say There are a lot more vacant abonded houses then there are homes for sale, AND homeless people combined! By millions, in every single state. Its amazing to think this entire scheme has not crumbled yet.

I don't know if it's an algorithm that's doing it, but in my neighborhood you can really see anti-market actions in commercial real estate. Although our town is quite prosperous, there are half a dozen commercial properties that have been vacant for over a decade. In one case, a watchmaker I know, moved out after his rent was doubled. 14 years later that unit is still vacant, with an impressive pile of dusty sales flyers regularly pushed through the mail slot. The only explanation is that the landlord cartel would rather sit on a vacant property than reduce rent. They own so much property that having a few empty ones is just a cost of doing inflated business.

I inquired as to why a tiny apartment was 3GS and I was told that many people with high paying jobs moved out of Boston so they are just keeping up with their income. I live in NH in a small city that was cheaper than most places around. It pushes out the people that have been here for forever because people aren’t making money like that here. Where are they supposed to go? Our leaders need to step up and put an end to the greed.

Could you imagine every American a chance to own a home, and affordable healthcare! The country would boom. But then again, that would take from corporate and entitled profits. Nevermind.

@MyName-gq2co

3 ай бұрын

Every American use to have a chance, they will again soon enough. But you need to remember it's a game and if you do not learn how to play you will always be stuck complaining. AI is dangerous yes, but new cards are always dealt and US citizens can be just as good in the game, if not better. The government is being payed off, so lawsuits are not going to do much. "Corporate" can be anything and currently its been known the housing market is being eaten up by foreign nations just to rent. I really do not like to bring up politics but they do play a role, America needs a person who gives two shits about foreign nations because at the moment they are really hitting us hard. Yes, politicians mainly care about themselves, but I would rather have a politician with ideas that the little guy can benefit from. I need to be careful on what I say here, too many rats sneaking around, but really analyze the situation because the government is terrified when its citizens start to think instead of outright blaming. Seriously, ask question, " the 5 W's" are a good start.

@RoodBull_SAMA

3 ай бұрын

Yep, they definitely used to. Now the field is rigged, you need a quick half million from the get-go for just a chance, if even that.​@@MyName-gq2co

@stanbarrington

3 ай бұрын

Only their PROFITS are meant to BLOOM

@lougarcia1485

Ай бұрын

Let us be good examples of our communities first genius 😉

Mortgage rates are currently have never been so high since 2000 (23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market

@PennyBergeron-os4ch

3 ай бұрын

The stock market ithe same, to maintain profit you need to have some in-depth knowledge on the market. I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

@HildaBennet

3 ай бұрын

My partner’s been thinking of going the same route, could you share more info please on the advisor that guides you

@HildaBennet

3 ай бұрын

I appreciate this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

@xxspeakerboxx

3 ай бұрын

A “housing crash” will make it more difficult for those who cannot afford a house rn. If another 2008 housing crash happens, it will cause a loss of income for people who are already struggling due to Bidenomics (layoffs will happen, lenders will operate with more scrutiny). Then the housing cartels like Blackrock will swoop in and buy up all the foreclosures…. If anyone is waiting on a housing crash to purchase their future home, ya better be stacking cash and building that credit to tier one status. There are number of other factors that I haven’t listed.

@someguy6762

3 ай бұрын

@@PennyBergeron-os4ch we need to get you in the green!!

If they stopped them from buying single family homes, this will level out.

I rented a studio apartment in New Jersey for over 3 years, it was my home. The rent went from $900 a month to over $1250 a month, my insurance doubled, and I lost my place. I tried to find rent control laws that could stop them from doing this, but they were specifically designated as being exempt from my state's rent control.

What's needed is a rent cap based on the area's median income. I'd sign that petition.

@marcusthatsme

3 ай бұрын

Are you also going to add a property tax cap, property insurance cap, and a cap on maintenance services/goods for maintaining the rental, apartment or home... Those fees/costs go up every year, the rent has to adjust for it. My mortgage just went up 23% between property tax and higher insurance costs, if I were renting, I'd have to pass that on to the renter, and that doesn't include normal inflation values for regular maintenance that has to be taken into account.

@blayzeon

3 ай бұрын

@@marcusthatsme my apartment during covid raised the rent and not only cut the amenities, but sold half the complex that included most the amenities and straight up told tenants they can't use them anymore. i specifically picked that place because they had two pools and a tennis court. maybe landlords should have to prove expenses?

@marcusthatsme

3 ай бұрын

@@blayzeon Not knowing where you live, it's hard to say why that happened. One of the big reasons rents increased in many places where it used to be affordable was the migration of tech workers. Overall I believe there was a 12% increase in rent costs during the pandemic. I'm not sure if they should have to prove expenses, I'm not sure what that would do anyway. In a free market those running the business should be able to set their prices, it's suppose to be competition that keeps things in line. Which this software seems to remove from the picture. If the landlords could set their prices, then they may still set it at a lower rate to compete against their competition instead of being forced to maintain a higher rent cost, which I would imagine means that with each new landlord that joins the program the rent would technically continue to rise slightly, removing competition completely out of the picture. I don't understand why they'd raise rent and remove amenities. That's just silly, but on the other hand a lot of business were also hurting during the pandemic, with some not having to pay rent at all, so maybe selling off those assets helped them hold on to the rest of the complex, since even if renters aren't paying, the complex still has to pay their mortgage and stuff. Government likes to help one level, but ignores the rest of the pillar.

@markfx12

3 ай бұрын

@@marcusthatsme If you don't like it, don't be a landlord. Guaranteed revenues are not a right. BTW, you don't HAVE to do anything, you choose to do something because you can.

@marcusthatsme

3 ай бұрын

@@markfx12 Not sure what your argument is. Mine is if you're going to cap rents, you have to cap the entire system, not just part of it, else you break the system. With your logic I can say, if you don't want to rent, then don't complain about the high prices, move some place where you can afford the rent.

I accused my apartment complex management of price fixing back in 2015 or 2016 when the rent jumped by over $150/month for no reason. The girl just stood there and looked at me with a blank stare and shrugged her shoulders. This "price fixing" has been going on for probably the past 9-10 years.

@dragonquake

3 ай бұрын

The management isn’t the one doing the price fixing, they manage the properties and tenants. Owners and the consultant do the prices

@nathansmith1793

3 ай бұрын

​@@dragonquakeproperty managers do control the price of rent in a lot of cases. But the person working at the front desk doesn't control that number

@amuddyelfproductions3915

3 ай бұрын

She shrugged because it wasn't her call lol.

@dragonquake

3 ай бұрын

@@nathansmith1793not in big corporate type or medium landlord type structures. Maybe a small mom and pop who hires a property manager for % fee monthly but that’s not the majority - trust me

@tr1bes

3 ай бұрын

Yikes. My last apartment renting is 2010 and I didn't like the $30 increase. I move to a house where I put a huge amount of deposit to make the mortgage comparable to renting an apartment. After that in 3 years later, I saw how banks use scummy tactics on loan and delay me from paying off the house. The banks are legal thieves in suits back up by powerful government backers.

Please do an investigative piece on corporate and investor ownership of single family homes in the US. I have heard that 1/3rd of houses in Atlanta and Phoenix are investor owned. I have heard that builders are now building for investors in what is calle 'build to rent' subdivisions where one company controls all of the rents and housing. I think that corporate and investor ownership in the single family home market really took off after the 2008 housing crash when banks sold many of the foreclosed homes on their books to Wall Street firms that got them for next to nothing and then found out that they had a cash cow. How much of the current housing market affordability crisis is caused by investors buying up affordable homes that would otherwise be available for first time buyers or buyers in general?

THANK YOU so much for this! My partner and I have been stuck in a nightmare situation trying to move out of our apartment. This video helped me find out that our apartment complex uses this stupid realpage system, which explains a lot of problems that suddenly started happening two years ago. It will also help us to find a new place that doesn't use this system once our lease is up. Seriously thank you, this information needs to spread far out to other renters across the country!

This will continue to happen until the C suite goes to jail.

@travisolander4749

3 ай бұрын

Or worse.

@MrDCMiami

3 ай бұрын

"No crime in progress ever stopped because somebody else went to jail. The jails are filled with people who never planned on going there." -- Sam Antar, Former CFO of Crazy Eddie, and Convicted Felon who now blows the whistle on white collar crime.

This is exactly why tenant unions have never been more important and needed in major cities.

Outlaw Realpage it's price gouging and fascism.

When I had an investment property the agent who was managing it was constantly wanting to increase the rent. I said no many times. I worked out the higher the rent, the more money the agent made because their fees were a percentage of the rent. All the greedy fingers in the pie.

HR Departments are colluding across industries to compress, flatten, and fix wages.

@waylonk2453

3 ай бұрын

I'm curious if there's another large firm running a data aggregation and salary "suggestion" scheme

@Impozalla

3 ай бұрын

Well definitely in red states salaries are suppressed.

@homeboy20i2

3 ай бұрын

what is your proof

@jl8942

3 ай бұрын

@@homeboy20i2 I don't engage with uninformed people who do not know the difference between evidence and proof.

@jl8942

3 ай бұрын

@@homeboy20i2 do you understand the difference between proof and evidence?

Yup! Our rent has gone up more than $800 in 4 years. Destroyed our savings.

@davidwilliams4498

3 ай бұрын

That makes me livid I truly feel for you an many others. Greed has literally ruined America

@mohhingman

3 ай бұрын

Happening all over the globe. Australian renter here.

@meggrotte4760

3 ай бұрын

Now this is happening all over the western world I lived in 3 Asian countries.It's not happening that bad there

Rent prices have gone up 100 % over the last 20 years. In the Midwest near Chicago. We need more lawsuits against this.

Thank you for sharing this.

Love how the DC DA insists on calling them a cartel with every given chance

@er...

3 ай бұрын

It fits the dictionary and legal definition of a cartel, 100%

@XC-Z-cv8qw

3 ай бұрын

New York, San Fran, DC are all crap

@ceg4609

3 ай бұрын

I appreciate his accuracy.

@endxofxeternity

3 ай бұрын

Love it!

@gigaus0

3 ай бұрын

Because that is what a cartel is...

Thank you Kris Mayes for all that you do. Arizona finally has an actual, honest -to-god attorney general who isn't afraid to take on the big issues that affect us.

Thank you for sharing this information. The more we expose it, the sooner they have to face accountability.

Thank you for working on this problem. I have thought for a long time now that housing prices and rent are way above income.

Homelessness would have a profound reduction if we had more housing a full time minimum wage can afford. The people serving and cleaning up after the rich need shelter too.

@jimmycharlene

3 ай бұрын

We have no minimum wage we can afford because the government that steals all your money only updates it in blue states. Minimum wage means nothing when the print money out of thin air. The economy is done

@UhYeahWhateverDude

3 ай бұрын

Homelessness would have a profound reduction if the government stopped paying them not to work.

@jimmycharlene

3 ай бұрын

@UhYeahWhateverDude homeless ain't taking no benefits they saving the government money. Bums are the ones using ebt and all that other shit.

@BearingMySeoul

3 ай бұрын

@@UhYeahWhateverDude You've clearly never worked with long term homeless! People without an address aren't getting checks from the government!

@cmarie5867

3 ай бұрын

We need affordable housing. Not just housing. They are building new apartments on almost every corner in Southern California but studios are going for $2,500.

My landlord said one time that the shareholders wanted the rent to be higher, and thats why he was raising the rent. For a 40 year old outdated apartment to the price of apartments in the bougie side of town; we were not in the bougie side of town. Additionally. The landlord was the owner. He was the biggest shareholder, and couldnt say outloud "I want to extract more money from you because this wbebsite saidi can charge that, and i dont care if you dont agree with the price".

@aviyahchaverim9388

28 күн бұрын

Pure greed!

I am a small time landlord trying everyday to keep the rent down while providing higher standard of living for my tenants by higher efficiency heating cooling systems bulbs and refrigerator plus upgrading cabinets showers and even buying beds mattress esetc. For the children rooms. Making it flexible as what time of the month they can pay their rent. Only raise rent when we have absolutely have no choice.

Regional Manager for a lot of large apartment housing companies here. They all use this software. And we are not allowed to deviate from those prices, which change every day, upon thread of our jobs. It absolutely is price fixing and I was happy to hear about the lawsuit.

Great video. Seems like this is used everywhere and has no regulation. I'm interested if this applies to any of: 1) Job Salaries / benefits 2) Grocery Store price fixing 3) Military Industrial Complex 4)Hospitals/Insurance/Pharma/veterinarian price fixing 5) Transport 6) e-commerce

@dao8805

3 ай бұрын

You're spot on,. It's happening across the board and it's because private equity firms like Blackrock and State Street are buying up everything and eliminating competition. Watch "RFK Jr.: How Hidden Monopolies Are Driving Up Prices". He is the only candidate committed to fixing this and other issues affecting working Americans.

@nicklang7670

3 ай бұрын

I am so for this story, and then suing these big money, big creepy control corporations all working together to create artificial inflation and profit over everyone’s expense.

@cpK054L

3 ай бұрын

literally everything you listed has problems because of government intervention/regulation.

@SuperMadman41

3 ай бұрын

@@cpK054L Liar !! Corporations in the above list are the problem BECAUSE no oversight, rules and/or regulations

@joycewright3136

3 ай бұрын

They are doing it all by themselves! I wish the government would get involved and do something about this because the fat cats are not going to do it themselves!!

Thank you to these AGs for defending their State populations.

Glad to see that Government is on the case, a scathing report should be ready in about 15 yrs

Because rich people are greedy

Lovely. I can officially report that realpage has officially taken root in wisconsin as well. My landlord makes us pay rent through it.

Well done. It's nice to see real investigative journalism being done.

This is exactly what is happening. I am outside Philadelphia and the managers even admit it is a software that they use to set the prices. Ooh, I would love to be on a class action with this!!!

My wife and I have tried to buy a home recently. It had been listed for one day. Already had 2 cash offers from a couple property management groups. They gonna turn it into another rental. Almost everyone in our town rents cuz there is nothing else. And this isn’t the city. It’s a small town in Colorado

I live in the Phoenix area. Rent is insane. We live in an old apartment for $1670 a month. The only "updates" are granite countertops. Apartment complexes are renting at ridiculous rates and they're ALL doing it, there is no competition. Many have trash strewn about, no security, people riffling through garbage cans at all hours of the day and night, lack of lighting in the parking lot, poor maintenance, ant and roach infestations, etc. You name it. It's trashy here. I have lived here a total of 15 years and things have become so trashy, it's like a totally different country. We are moving in October. I will never look back.

@starventure

3 ай бұрын

You have the right to complain about your apartment that you pay to rent, but you cannot complain about the area around it. You are bitching about homeless people going through the trash, but yet want to pay less on rent to the point that the landlord can't do anything to help the situation? You are part of the problem, cheapskate.

@usafa1993

2 ай бұрын

Finally, a rational response. Thank you. You can always vote with your feet, in the United States is filled with housing markets that are entirely affordable.

Corporate landlords around here charge rent per person, not per unit, so you still can’t really afford rent by having roommates. And they find excuses almost weekly to come into apartments so they can see if rules are being followed. Hope you don’t have any kids, because you can’t afford to house them.

Happy someone is paying attention, figuring it out and sharing the truths

New York always fascinates me because rent is so high you literally have to eat ramen noodles every day and you earn over 100k. A little box studio is 4K a month why? Why is there so many apartments buildings and who is in them? Where is the money going?

I was wondering what was going on and suspected an algorithm was in charge of our rent skyrocketing over the few years we lived there. After looking at their site I now know for sure that they were the reason we couldn't afford to live in our apartment anymore

If i break the law i get fine of go to jail these assholes, gets nothing

Very informative, thank you

Housing is a necessity and we desperately need more regulations that curtail the price gouging and profiteering off a necessity.

@MK_ULTRA420

3 ай бұрын

Yawn, nice bait.

@ComradeCatpurrnicus

3 ай бұрын

@@MK_ULTRA420 Bait? What are you even talking about? You feel baited by reality? Good?

@MK_ULTRA420

3 ай бұрын

@@ComradeCatpurrnicus Tankies gonna tankie.

@MAAT1111

3 ай бұрын

You're absolutely 💯 🎯❣️

@ComradeCatpurrnicus

3 ай бұрын

@@MK_ULTRA420 How the heck am I a tankie? I hate tankies and constantly ridicule and call them out. You really seem to presume a lot off of nothing.

Not only people suffer but more dogs and cats who are now getting banned from housing with no pets rule. Maricopa County Housing is horrendous! $$$$

GREAT WORK! I LIVED IN SCOTTSDALE UNTIL 2004 ... I LEFT WHEN MY LANDLORD WANTED TO RAISE THE RENT 60% ....