American Dream Stolen By Amazon

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Kristina Smallhorn

Kristina Smallhorn

7 ай бұрын

Arrived Homes, a real estate investment platform backed by Amazon founder Jeff Bezos, has been intensifying its acquisition of affordable single-family rental homes across the U.S. With over $60 million in funded properties, the platform offers individuals the chance to invest in rental homes, managing these assets for passive income and appreciation. Amidst rising rental demands, Amazon's Founder is investing in Arrived Homes and expanding into numerous U.S. cities, attracting significant investments, including high-profile investors like Bezos. This trend reflects the growing interest in affordable single-family rentals due to increasing rents and the rising cost of homeownership, pointing to a continual rise in the rental market's appeal.
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Пікірлер: 526
@anonymouse9833
@anonymouse9833 7 ай бұрын
Homes should be owned by people, not investors and corporations
@pxyz123
@pxyz123 7 ай бұрын
Technically Bank holds 99% of single family homes
@nobodynever7884
@nobodynever7884 7 ай бұрын
So owning 2 houses should be illegal. Got it.
@JustOne-qe7jl
@JustOne-qe7jl 7 ай бұрын
@@nobodynever7884 Oh please. But owning thousands/ tens of thousands of homes is creating a monopoly. Two homes - lol lol
@jacobnapkins1155
@jacobnapkins1155 7 ай бұрын
Go vote show up to city councils the nimbys get what they want because they act
@anonymouse9833
@anonymouse9833 7 ай бұрын
@@nobodynever7884 that’s not what I said. This video was talking about million/billion-dollar companies buying up incredible amounts of RE in order to turn a profit, not people renting out their starter home to afford their second home
@theredheadsaidNYC
@theredheadsaidNYC 7 ай бұрын
There really needs to be limits to corporations buying single family homes (or homes in general). For that matter, one person shouldn’t be able to buy infinite homes either.
@happy153ful
@happy153ful 7 ай бұрын
Only problem is that the Supreme Court considers a business a person and you can make infinite businesses owned by one person, but apparently that's multiple people.
@bartdoo5757
@bartdoo5757 7 ай бұрын
Their body, their choice.
@smokingbeetles5793
@smokingbeetles5793 7 ай бұрын
You got it sister! Real Estate values aren't going up because Americans are getting richer, corporations and rich foreigners are encroaching on USA residential properties - MEANT FOR CITIZENS.
@acod24
@acod24 7 ай бұрын
As simple as that seems they know the solution but they don’t care about you. Your problems are not their problems until they feel your pain
@donnale3881
@donnale3881 7 ай бұрын
My husband and I own a few properties and are ready to sell them. We both kept our first homes, I kept my second home too because family and friends needed a place to rent. Now we are getting slammed with foreign sounding investors wanting to buy all of them. We refuse to sell to investors, even though they are offering top dollar to buy them. We want families to own them!
@rogueinvestor2375
@rogueinvestor2375 6 ай бұрын
Be aware of those investors. Some of them are ruthless. If they can't convince you to sell to them, they will resort to scaring you into selling to them. Stay alert.
@Lythaera
@Lythaera 6 ай бұрын
My mom thought she was selling her home to a family, welp, turns out her old house now belongs to a rental agency!
@waterlily8947
@waterlily8947 6 ай бұрын
Thank you for not selling to these large investors, it just makes matters worse.
@desarij
@desarij 6 ай бұрын
Thank for that it isn’t fair that these people come and buy out the houses that people need.
@Jaxmusicgal23
@Jaxmusicgal23 6 ай бұрын
Thank you
@desarij
@desarij 7 ай бұрын
Corporations should not be buying single family houses at all. They make enough money off of us already. Yes there needs to be legislation to stop this from happening.
@turboredcart
@turboredcart 7 ай бұрын
When a community has not ownership, it makes for a decline. Renters will never put the TLC into a place - because it isnt theirs.
@tdf123emcee2
@tdf123emcee2 7 ай бұрын
If the majority of people prefer to rent then it won't matter. I wonder how would that affect home prices if there are home available but people choosing to rent instead, because of the increased value of property. 🤔
@BrookeKnits
@BrookeKnits 7 ай бұрын
Renters don't/ can't put in tlc and landlords only do what they absolutely have to you're right it does make neighborhoods look worse
@jamesbond007colt45
@jamesbond007colt45 7 ай бұрын
Yea means trash the place 😂😂
@shanayhines5539
@shanayhines5539 7 ай бұрын
That literally happened with my first home purchase. The builder allowed investors to purchase several homes in the subdivision. They then converted them into mental illness, drug rehab, and half way homes. The neighborhood declined within 3-4 months. The crime and police activity increased significantly. After just one year I was able to put it up for sale during the housing boom. I made a decent profit and moved further into a rural area where the builder restricts the amount homes the investors can purchase.
@timothyslaughter476
@timothyslaughter476 7 ай бұрын
No section 8 isn't the problem.....that wascly bezos!!!
@JessicaS-cp5bz
@JessicaS-cp5bz 7 ай бұрын
No home should ever be owned by a big corporation period. It's wrong to price people in an area out of a basic starter home. Before long we the people wont be able to afford homes or rent. It's out of control.
@MaseRhea
@MaseRhea 7 ай бұрын
My cousin and her husband had to buy a fixer upper because the same size house turn key was $300,000 more expensive in a similar area. It's insane.
@metalmike570
@metalmike570 7 ай бұрын
At least they have some where-withall, or fortitude to go for it!! They are blessed.
@user-qr3dp3vx5r
@user-qr3dp3vx5r 7 ай бұрын
Какая большая проблема построить дом(сарказм)
@metalmike570
@metalmike570 7 ай бұрын
@@user-qr3dp3vx5r I speak English only.
@wplants9793
@wplants9793 7 ай бұрын
Same for my husband and I. It’s crazy
@metalmike570
@metalmike570 7 ай бұрын
@@wplants9793 Well somewhere down the line, maybe a decade or so you'll be glad you did. It's called equity, but you'll have to work together and maybe even pray sometimes to get there. Best of luck!!
@SoCalSurfer69
@SoCalSurfer69 7 ай бұрын
Corporations should not be allowed to buy single family homes.
@hwoodist
@hwoodist 7 ай бұрын
What about corporations buying cars and renting them out to people?
@no_way4165
@no_way4165 7 ай бұрын
@@hwoodist They should not be allowed to buy cars. They should not be allowed to buy anything. They should not be allowed to exist. Only the gov't should be allowed to exist and buy stuff and rent it to people. High rent for conservatives in order to subsidize their voters. (sarcasm)
@SoCalSurfer69
@SoCalSurfer69 7 ай бұрын
@@hwoodist not the same thing. Cars are a depreciating asset, and the other is not for most people. Them buying up the real estate drives up housing prices and take most people out of the market to be able to afford a home. Nothing against apartment complexes just single-family homes. The impact is varied depending on where you live. US Citizens should own all of the US Land. Just like Mexico. 🙂
@positively_broad_st3780
@positively_broad_st3780 7 ай бұрын
​@@hwoodistWhat about you being a corporate shill and a trite, cliché, contrarian troll?
@mikemiller659
@mikemiller659 7 ай бұрын
Or anyone from another country
@KP99
@KP99 7 ай бұрын
Thanks for continuing to talk about this Kristina!! It truly is the civil rights issue of our time...The ability for the common man to own his own property, instead of being forever indentured to the elites for a basic human need like housing. And the scary thing that most people don't realize is, as you said, BOTH political parties are bought off by these large investors, so everyday people don't have a voice.
@ursulasmith6402
@ursulasmith6402 7 ай бұрын
They didn't buy them off, they are related,.
@filthyfrankblack4067
@filthyfrankblack4067 7 ай бұрын
Right so many people think the "Government" is going to save them.
@libbywish7123
@libbywish7123 7 ай бұрын
This is creating more homeless people because most people can’t keep up with rent costs. It’s so heartless and unfair. I don’t count on our government to do anything to stop this because all the members of Congress have more money than most average people. The older members especially are completely out of touch with average people and they don’t care what it does to all of us normal people out here. We need to impose term limits for house and senate members as well as age limits for Congress and Presidents. They are all so out of touch and hard working people are taking it in the teeth. Something needs to change. Even people with full time jobs are losing their homes out here.
@pxyz123
@pxyz123 7 ай бұрын
you can argue that Family cannot afford to buy singel family homes as Corps buy it.. or raise the price.. but How does this create Homeless ppl ??? even in the cities beyond the sun belt there are tons of homeless where Corp investors never buy home
@hwoodist
@hwoodist 7 ай бұрын
Don’t you mean people can’t afford to live in the city they want to live in? Because there are plenty of areas with lower priced homes, people just don’t want to live there.
@cosmicllama6910
@cosmicllama6910 7 ай бұрын
@@hwoodist there's not enough jobs out in the middle of nowhere for everybody to move there. It's not that people only want to live in the cities, that's where the jobs are!
@farrahupson
@farrahupson 7 ай бұрын
Term limits and age limits won't change anything. We need to get money out of politics - so that Bezos and others like him can't influence the people who are supposed to be representing average Americans. We need publicly-funded elections; no more rich donors funding political campaigns. And we have to do this via a constitutional amendment so that it can't be overturned by the Supreme Court. It's the only real answer to our problems.
@EmilyGloeggler7984
@EmilyGloeggler7984 7 ай бұрын
🎯 💯
@gdelete8098
@gdelete8098 7 ай бұрын
Dumping my Amazon account today. There are plenty of other places to buy stuff you don't need.
@handymack5324
@handymack5324 7 ай бұрын
You hit the nail right in the head Christina! We must have legislation asap to stop institutions from buying up all the family homes, depriving our children the chance to own their own homes.
@davidzz4307
@davidzz4307 7 ай бұрын
Bad laws make bad people.
@fdd4957
@fdd4957 7 ай бұрын
@@davidzz4307 No laws makes anarchy.
@JP-iq7pu
@JP-iq7pu 7 ай бұрын
Be VERY careful for what you wish for.
@handymack5324
@handymack5324 7 ай бұрын
@@JP-iq7puI know exactly what I wish for: a stable environment for younger families to raise their children; money saved from owning their own homes will likely go to build up and nurture the local community. If everybody rents then we are only enriching corporate landlords- the face of hedge funds who only care about diverting profits to wherever makes the most money for them. Plus,our children will never learn enough to maintain a property if they stay renters forever
@liaiadonisi9521
@liaiadonisi9521 7 ай бұрын
I wish I had faith that they would stop this, but I feel that the government has always failed us, and sadly, will continue to.
@EmilyGloeggler7984
@EmilyGloeggler7984 7 ай бұрын
Until Jesus returns, it is going to get worse.
@javarwayman7085
@javarwayman7085 7 ай бұрын
Never trust government to do what they’re supposed to do because power corrupts and absolute power corrupts absolutely
@mattm2507
@mattm2507 7 ай бұрын
Sounds like rents are going to increase sharply 2025-2030 and people are going to be left out since the only other option will be in the multi-family and larger homes. These are already 1.25-2x the cost of single family starter homes in my area. Honestly I hope congress does step in and passes a law that businesses are not allowed to purchase homes or land in residential areas, particularly if they’re not a US based company.
@rosemarietolentino3218
@rosemarietolentino3218 7 ай бұрын
Most homes are almost the same as a fourplex. You might as well buy a fourplex and your mortgage will be manageable. Buy land and build your own.
@mattm2507
@mattm2507 7 ай бұрын
@@rosemarietolentino3218 Great idea, we are currently shopping for acreage now, the plan is to purchase now while it’s a favorable (somewhat) market and refinance in 2-3 years when interest rates come down some.
@user-dn5ud1cr3b
@user-dn5ud1cr3b 7 ай бұрын
Communist much?
@Katsnacks
@Katsnacks 7 ай бұрын
@@user-dn5ud1cr3b why, are you a capitalist?
@Kholoured
@Kholoured 7 ай бұрын
They will just circumnavigate that by creating a nonprofit, a small satellite company ect... that's what thwy do knownits how they avoid taxes. They don't get the money, all these "corporations" received that money I don't own those. Meanwhile there a CEO or part of a collective that owns it thru a management company. Or thru some hedge fund. It's circles upon circles. They always find a way to get what they want and not get in trouble for it...
@Kholoured
@Kholoured 7 ай бұрын
I firmly agree with you. The rich will own everything and you will be FORCED to pay them for the LUXURY of living in it. They make all the money while we little guys are stuck paying them hand over fist to just have a roof and maybe a bed that sits on the floor. Hardly anyone can afford these ridiculous prices for everything. Home, furniture, appliances, vehicles, food, electricity, insurance, this is getting ridiculous..
@larrys4618
@larrys4618 3 ай бұрын
Lords and Serfs. Did you ever wonder why communism was appealing to people at one time?
@Stealthy_Sloth
@Stealthy_Sloth 7 ай бұрын
PURE UNRELENTING UNSTOPABLE EVIL.
@InvertedEarth
@InvertedEarth 7 ай бұрын
🎯
@damonmelendez856
@damonmelendez856 7 ай бұрын
Stop it with the ant-semitism. It’s only just a coincidence. You can’t blame everything on them.
@hwoodist
@hwoodist 7 ай бұрын
It’s not evil to earn a profit on your investment. Corporations like Black Rock have a fiduciary responsibility to its investors, not perspective home buyers entering the market.
@maxxomega6599
@maxxomega6599 7 ай бұрын
Oh it's EVIL now? Get a grip on reality and stop whining....
@EmilyGloeggler7984
@EmilyGloeggler7984 7 ай бұрын
@@maxxomega6599Evil people would say what you did. Excuses to justify bad behavior.
@joeking2850
@joeking2850 7 ай бұрын
There needs to be an empty house tax to stop these corporate raiders
@wolfpacva
@wolfpacva 7 ай бұрын
This should not even be allowed. Leave the houses for regular people.
@oleeshanorris5343
@oleeshanorris5343 7 ай бұрын
Down with corporate ownership
@patrickmckeegan5345
@patrickmckeegan5345 7 ай бұрын
The zillow model. Buy homes in a neighborhood, artificially inflate values on web page, then sell for those prices. I walk by three vacant homes in my neighborhood everyday with my dog. So glad my home is paid off.
@shellyford8679
@shellyford8679 7 ай бұрын
Man, I have been wondering what is going on. My husband and I are trying to by our 1st home in our late 40s and homes are just being zapped up like crazy. Or people are remodeling them in poor areas but putting high price materials in it and wanting alot for it
@janp3331
@janp3331 7 ай бұрын
Same here
@bradlopez3681
@bradlopez3681 7 ай бұрын
The only silver lining is in today’s market that’s like 200 houses 😂😂😂😂
@BREEZYM6015
@BREEZYM6015 7 ай бұрын
If we all pitch in then we can increase it to thousands if not millions of homes. 😂
@missylearned9821
@missylearned9821 7 ай бұрын
Excellent point. 200 $500k homes or 400 $250k homes.
@Allium_369
@Allium_369 7 ай бұрын
There is legislation coming. We need to all contact our representatives and tell them to stop this!
@chuckybang
@chuckybang 7 ай бұрын
The stop predatory investing act doesnt do much. It just reduces tax credits for large investors. Also they can just buy 49 houses under multiple llcs to get around it. Its a token bill with a nice sounding name. The Stop Predatory Investing Act would a prohibit an investor who acquires 50 or more new single-family rental homes after the date of enactment from deducting interest or depreciation on those properties. If an investor sold one of those properties to a homebuyer or qualified nonprofit, they can deduct the interest and depreciation for the year in which the property is sold
@cb5516
@cb5516 7 ай бұрын
@Allium_369 Why would I do that? As a current homeowner and landlord, scarcity of entry level/starter homes increases home equity and rent. The only people who want affordable housing are people who need affordable housing.
@DJxx57
@DJxx57 2 ай бұрын
@@cb5516 Well kudos! You got yours! Hopefully neither you, nor anyone you actually care about will ever be in need of housing they can actually afford.
@whatsamatteryou791
@whatsamatteryou791 7 ай бұрын
Let’s face it if they only allow a company to own so many homes they were just open and second company with a different name and the exact same thing. This is horrible and heartless. I own a house and less than $25,000 I really want to move. My house is worth maybe 220,000 and I can’t find anything decent in that price range. It’s frigging ridiculous
@eleonorabartoli2225
@eleonorabartoli2225 7 ай бұрын
And if you happen to own your home and need to go to assisted living or a nursing home, institutional investors will take your home to pay for the so called care : they are squeezing every penny out of that housing too!
@cb5516
@cb5516 7 ай бұрын
Living Trust. Talk with an estate planner. You own it though a business. 5 year look back, they can't touch it. 😂 Don't hate the player, hate the game. Family member does this professionally. Be poor on paper as an individual
@eleonorabartoli2225
@eleonorabartoli2225 7 ай бұрын
@@cb5516 Yes, I agree. Also I am finding out that Medicaid will want to be reimbursed after death if you have anything...so, yes, have to talk to a lawyer...
@cb5516
@cb5516 7 ай бұрын
@@eleonorabartoli2225 Lawyer and estate planner. They're not the same, necessarily. Also, be VERY clear of your intentions... The government gets nothing 😊. Period.
@eleonorabartoli2225
@eleonorabartoli2225 7 ай бұрын
@@cb5516 Thanks!
@marcellabrowning315
@marcellabrowning315 6 ай бұрын
​@cb5516 I've seen CA judges quickly violate trusts - every case I witnessed. Nice thought, though.
@unitedminds3687
@unitedminds3687 7 ай бұрын
Your absolutely right they shouldn’t be able to buy multiple homes with bs money not right home buying should stop immediately!
@pxyz123
@pxyz123 7 ай бұрын
what about Farmlands ( Acre trader where retail investor can pool money to buy farmlands)
@punditgi
@punditgi 7 ай бұрын
Kristina tells it like it is. Love you, girl! ❤🎉😊
@user-dn5ud1cr3b
@user-dn5ud1cr3b 7 ай бұрын
Like when she told everyone that prices would decline 20%. In 2021!! That is 3 years ago, almost, for all the clowns who have TikTok brains. -Curtis Loew
@metalmike570
@metalmike570 7 ай бұрын
@@user-dn5ud1cr3b Yeah nobody's perfect there, do you have a better prediction for 2024! Housing prices are dropping some now right?
@DRNT940
@DRNT940 7 ай бұрын
This really needs to be illegal.
@MelindaAZ1
@MelindaAZ1 7 ай бұрын
Kristina, you are right on the mark! And your reasoning is excellent. I love your call to homeowner action to limit/eliminate rentals in their HOAs. I have respectfully listened to you for a couple of years now, since learning about you. I admire what you do and your position of being a strong advocate for individuals. There’s an angle I’d ask you to consider with serious investigation. Bezos’ move is one further step to the declaration that by 2030, “you’ll own nothing”. There truly is an openly documented agenda for this.. That’s why we just saw the lawsuit against NAR that just weakened the USA’s largest lobby for private property ownership. And Congress is primarily comprised of uniparty members, owned by the various lobbies. So the only answer lies in an action-oriented, Christ-empowered citizenry that’s versed in its Constitutional rights. Private Property ownership is a cornerstone of liberty.
@mdizzylizzy2u
@mdizzylizzy2u 7 ай бұрын
Not just Christ-empowered citizenry, but ALL citizens MUST VOTE! 💙🇺🇸✊🏻✊🏼✊🏽✊🏾✊🏿🇺🇸💙
@toddwilliams5905
@toddwilliams5905 7 ай бұрын
Let's keep the church and state separate.
@SantaBarbaraAlberto
@SantaBarbaraAlberto 7 ай бұрын
We live in an HOA in California. We added the rental until restriction to our CC&Rs years back. No more than 45% rentals. New owners have to wait 2 years before they can rent. If at 45%, homeowners go on a list to wait til space is available on a first in basis.
@eattherich9215
@eattherich9215 7 ай бұрын
A 45% ratio is high. You are going to end up living in a community of transients.
@noreenn6976
@noreenn6976 7 ай бұрын
Are you happy with that? or is 45% rentals too high?
@rooroo5580
@rooroo5580 7 ай бұрын
And how are those HOA fee’s going?
@jenrhemgotcha1417
@jenrhemgotcha1417 7 ай бұрын
I think they can buy whatever, but we should make it that we can only get charged 1/3 of whatever minimum wage full time income will be and cap it.... renters wouldn't be upset if rent was soo unstable
@marcellabrowning315
@marcellabrowning315 6 ай бұрын
Property taxes alone that your elected officials depend on is already greater than your proposed rent. Add in insurance, a loan... and your no where close to the cost of the rental.
@ravenshamballalightbody1672
@ravenshamballalightbody1672 7 ай бұрын
Thank you for this report. I have sent letters to my senators, reps and president. When will we retire if we are always paying rent?
@michaeltorrey3603
@michaeltorrey3603 7 ай бұрын
Very skeptical this bill goes anywhere. We have a huge problem with the border and they can’t agree to fix that problem either.
@jer1776
@jer1776 7 ай бұрын
If it does pass, its gonna be watered down, and it already doesnt go far enough.
@GenerationX1984
@GenerationX1984 7 ай бұрын
If it doesn't pass, it'll be Republicans who strike it down. Republicans always side with billionaires. Always! Keep paying attention and you'll see it happen in real time.
@rondaniel6198
@rondaniel6198 7 ай бұрын
You are absolutely correct, I sold my house in 14 for 165ths 5acers on small trout stream in med Michigan 2 1/2 car garage chalet 3 bed room I messed up
@thewishingthorn
@thewishingthorn 7 ай бұрын
I love you! So refreshing! I almost spit out my coffee when you said no "mortgage payments, just pay Amazon" 🤣
@slowbro1337
@slowbro1337 7 ай бұрын
They also robbed people of hobby airspace for their drone program
@KristinaSmallhorn
@KristinaSmallhorn 7 ай бұрын
Apparently they are getting into cars as well.
@diofel3384
@diofel3384 6 ай бұрын
So greedy!
@theempoweredlife4415
@theempoweredlife4415 7 ай бұрын
I appreciate you sharing the information you share. It is very informative and confirming for those of us who are actually paying attention to whats going on. Thank you.
@vcash1112
@vcash1112 7 ай бұрын
We can’t trust Jeff & Elon….
@AlexBrandon.
@AlexBrandon. 7 ай бұрын
One of your best videos yet. This message is not hitting home with the public. I live on the gulf coast of Florida and I get a postcard or letter every day from some company wanting to buy my home. If the market is getting cold its still hot hot hot in Florida
@KristinaSmallhorn
@KristinaSmallhorn 7 ай бұрын
Thank you for watching. Merry holidays!!
@trottfoxx4467
@trottfoxx4467 7 ай бұрын
Doesnt sound like kristina is thinking about the shareholders. WHY DONT YOU CARE ABOUT THEM!?!?!?!? All they ever did was say that we would own nothing and be happy, dont you want to be happy?
@hwoodist
@hwoodist 7 ай бұрын
Once you have skin in the game, and you’re earning on your investments, you want those companies to be successful.
@rosemarywilliams9969
@rosemarywilliams9969 7 ай бұрын
Your NEVER blowing any hot air. Keep speaking truth❤ 😢I'm just tried of the way merica has gotten... still trying to dig myself out of all these set backs.
@davidnadel9679
@davidnadel9679 7 ай бұрын
Alabama has a 90% homestead exemption. That will hit landlords where it hurts.
@rictech.
@rictech. 7 ай бұрын
The American dream is over…
@cb5516
@cb5516 7 ай бұрын
Only for people who don't currently own. One can argue that the American dream has never been brighter if you're already in the game.
@suzesalmon9729
@suzesalmon9729 7 ай бұрын
It’s definitely a major issue here in Indiana and it’s really out of control. I am deeply concerned for our future.
@duanejahn2368
@duanejahn2368 7 ай бұрын
YOUR COMMENTS ARE SPOT ON. But it is unrealistic to expect a legislative body which is bought by rich and powerful lobbies to do anything to solve this problem. IMO
@dylanhughes5944
@dylanhughes5944 7 ай бұрын
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson
@dca3092
@dca3092 7 ай бұрын
That last part about “builders need to build more” well how many builders have built out entire neighborhoods and just decided to sell them to investors? Yes, builders do need to build more, and yes, a lot of the red tape needs to be cut, but that’s not going to stop investors from coming in and buying up blocks and blocks perhaps overpaying slightly just to keep the regular folk from being able to afford a home in that neighborhood just to reinforce the narrative that they are buying homes that no one wants to buy. And the vicious circle continues until they control enough of the market that no one can afford a home. It’ll be the game of Monopoly come to life. We can’t all live on Park Place and Boardwalk, and that’s fair, but can we at least afford to live on Mediterranean and Baltic Ave?
@dovh49
@dovh49 7 ай бұрын
It is true, if more homes were being built than institutional investors wouldn't want to buy homes themselves because they've become cash cows. So, the true, underlying issue is zoning restrictions and government regulations on the types/sizes/etc of your home you are building, and NIMBYism. Regulating the corporations on this is just putting a band-aid on a deep wound. It doesn't fix the true problems.
@mwatercress
@mwatercress 7 ай бұрын
Yep, the hedge funds recognize the vulnerability that we created and capitalize on it. It is like filing our basement gasoline and kindling and blaming the spark for our house burning down.
@metalmike570
@metalmike570 7 ай бұрын
Yes they would want to keep buying them. Bottom line is there is a profit to be made in housing. Most millionaires are because of having a house and another one too. Not the way it should be, that corporations come in and out-bid a young family that should have one. It needs to be stopped, just like the ILLEGAL immigrant problem on our southern border every day.
@metalmike570
@metalmike570 7 ай бұрын
@@mwatercress That is exactly what it's like!
@MegaSuperEnrique
@MegaSuperEnrique 7 ай бұрын
Free closing with Prime Membership
@tacomuncher211
@tacomuncher211 7 ай бұрын
Stop LOL
@ShortCrypticTales
@ShortCrypticTales 7 ай бұрын
I have NEVER heard a poor person say "Money Does not make you happy"
@EmilyGloeggler7984
@EmilyGloeggler7984 7 ай бұрын
As a poor person myself who is homeless, money really does not make you happy in the long run. :)
@ckennedy1973
@ckennedy1973 7 ай бұрын
Home ownership is a misconception. If you don’t pay property tax, they can take your home even if it’s paid for.
@warrenrhinerson6373
@warrenrhinerson6373 7 ай бұрын
I think also part of the problem is not just investors or corporations buying these homes, but also governments themselves. I live in a relatively small area, but the zoning laws are so crazy that a lot of people don’t think it’s worth building new homes or apartment complexes. Yes, some of these laws are necessary, but the same time I don’t think they should be so suffocating that we can’t build more housing like is the case in many areas
@lkd06
@lkd06 7 ай бұрын
Government is the #1 part of the problem
@cb5516
@cb5516 7 ай бұрын
Nobody wants poor/lower income people. They're a drain on local resources and they pay less taxes. Why?
@EmilyGloeggler7984
@EmilyGloeggler7984 7 ай бұрын
It explains why buying land is insane even in cheaper states with lower cost homes.
@warrenrhinerson6373
@warrenrhinerson6373 7 ай бұрын
@@EmilyGloeggler7984 that’s also why Tinsley more expensive even adjusting for inflation. In the 1950s for example building requirements were very low sold houses to build a very rapidly and very cheaply while still being up to code. Very often in industries the more the government gets involved in the more expensive that item becomes either through artificial stimulation of the market or increased regulations, they make it nearly impossible to keep prices low.
@Sam9wilson9
@Sam9wilson9 7 ай бұрын
Our government is just Terrible letting all this happen.
@donatehilltop
@donatehilltop 6 ай бұрын
Great video 👍🏾 🔥
@theofficialrafff
@theofficialrafff 7 ай бұрын
First video I watched from you and I LOVE your perspective it’s both sides of the aisle
@eechaze12
@eechaze12 7 ай бұрын
Thanks for discussing this issue. Its a serious issue in the Austin area How do you compete with them when buying a home. Most of the homes around mine are owned by investment companies.
@fugazi225
@fugazi225 7 ай бұрын
thanks for content
@mike9132
@mike9132 5 ай бұрын
In norther Nevada, there are entire subdivisions being built where every home is for RENT only. None of the homes are for sale.
@jamesduncan578
@jamesduncan578 7 ай бұрын
You are absolutely correct.
@dorothy2063
@dorothy2063 7 ай бұрын
I love your vision hat🤗 It helps soften the blow of hearing about institutional investments✨
@Jacqueline_Smith
@Jacqueline_Smith 7 ай бұрын
Great video and information Kristina!!
@dannettepeters1507
@dannettepeters1507 7 ай бұрын
The new serfdom rising.
@janetbusener6326
@janetbusener6326 7 ай бұрын
Freedom to invest should be for everyone. However, the way to get homes in the hands of owner occupants is to lease with the options to buy. This way is a win for both giants and mom and pops.
@SilverSunPublishing
@SilverSunPublishing 6 ай бұрын
Thank you for telling the TRUTH. All these investors care about is money, while forcing more and more people into homelessness. This has to be stopped.
@MartinD9999
@MartinD9999 6 ай бұрын
Not being able to afford to buy a home doesn’t mean they’ll be homeless. Homelessness is almost always related to vises or undisciplined financial management.
@MartinD9999
@MartinD9999 6 ай бұрын
Not being able to afford to buy a home doesn’t mean they’ll be homeless. Homelessness is almost always related to vises or undisciplined financial management.
@diofel3384
@diofel3384 6 ай бұрын
I just found out a company owns more than 100 properties in my neighborhood and rents them out for a pretty penny. The taxes have gone up like crazy as well. My father's lot rent went up so much he said he don't know how he's going to be able to continue living in his mobile home. I know very well those companies never stopped buying properties, my neighborhood has changed dramatically. Investors harass us with their, 'I want to buy your home' propaganda, but my mother said she'll never sell her house to them.
@christopherberg2689
@christopherberg2689 6 ай бұрын
At what point will we value humanity over profits? Corporations are cold and heartless value money over people. Tells you everything and explains modern collapse.
@juniordelarosa748
@juniordelarosa748 7 ай бұрын
Hopefully the government can address this problem working together. Living in this country is slavering
@stickynorth
@stickynorth 7 ай бұрын
JB is really going for true super villain status to go with his Lex Luthor look...
@raymondsmith1945
@raymondsmith1945 7 ай бұрын
What people fail to recognize that these corporations are owned by many pension plans. Also 401k and other retirement plans as well. All looking for decent returns.
@hwoodist
@hwoodist 7 ай бұрын
When Black Rock earns a profit, us investors share in that profit.
@circe...
@circe... 7 ай бұрын
This is an issue that makes me physically sick. I mean, I was in tears yesterday just thinking about never being a home owner, forever a renter. I am a teacher, single, no children, and make $100,000 (which is not a lot in southern cali) but cannot afford anything in California because everything is rental $4,000/month or buy a small townhome for $800,000+. I would need to save at least $250,000 down payment to even be able to pay mortgage and pay for food and other bills. It is really heartbreaking for many of us who have and never will own, while the greedy just keep taking. I wish our government was more effective... sigh. 😞
@Interdacted
@Interdacted 6 ай бұрын
Amazon: "We deliver to your home, and sell them as well."
@rebeccazegstroo6786
@rebeccazegstroo6786 7 ай бұрын
Yikes! I live cheap in a camping club, like a mobile home park for RVs. How long before investors discover this? Plenty of retirees live in RV parks full time, often moving between two or three of them depending on the season.
@stevesidare2493
@stevesidare2493 7 ай бұрын
These megalomaniacs are very easy to dislike.
@KristinaSmallhorn
@KristinaSmallhorn 7 ай бұрын
Truth!!
@roxycauldwell544
@roxycauldwell544 7 ай бұрын
Keep renting out of single family homes altogether. Yes, even ""mom and pops"" because they're a part of the problem too. 5 people with 5 houses is still 25 houses being hoarded.
@hwoodist
@hwoodist 7 ай бұрын
How about making housing a right and giving everyone a “free” home?
@bobl9949
@bobl9949 7 ай бұрын
I dig the hat 😊, you're absolutely right 👍
@Carloshll726
@Carloshll726 6 ай бұрын
The President & 1st Lady actually should exercise the CORRECT emergency powers to combat & stop corporations from ruining innocent citizens’ lives.
@evelynrogers7145
@evelynrogers7145 7 ай бұрын
Exactly right
@davidzz4307
@davidzz4307 7 ай бұрын
Great video! The game of monopoly is happening. I own Christmas, have a merry new year. $999 subscription price.🤪🤪
@memecat84
@memecat84 7 ай бұрын
Cancelling my prime subscription because of this. I hope people follow me in this journey to fight back.
@bdraghici1
@bdraghici1 7 ай бұрын
not only that, do not give them business!!!
@cb5516
@cb5516 7 ай бұрын
Let me know how that works out for you 😂
@memecat84
@memecat84 7 ай бұрын
@@cb5516 I got 14 people in my circle and you /?
@GamerGee
@GamerGee 7 ай бұрын
Kristina. How can I email you a story. It’s not covered in the news yet but I’d love to hear your answer on this one.
@gypsy5445
@gypsy5445 6 ай бұрын
The government really needs to regulate this now! Scary, stuff!! We also need to stop foreign investment in single family housing! Gee why is there a housing crisis?? 😡
@hwoodist
@hwoodist 7 ай бұрын
Seeing the amount of single family homes being purchased by corporations inspired me to do the same.
@KristinaSmallhorn
@KristinaSmallhorn 7 ай бұрын
Having a few is wealth building.
@allermenchenaufder
@allermenchenaufder 7 ай бұрын
@@KristinaSmallhorn A few. Few is the key word vs monopolizing thousands.
@alexanderpitman9433
@alexanderpitman9433 7 ай бұрын
I would like to see a State get involved with these laws. Something like if a corporation owns residential property, then there has to be an owner that owns at least 20% of the company that is a full-time resident of that State.
@ShinobiShaman
@ShinobiShaman 7 ай бұрын
@KristinaSmallhorn Well done video. The thing is Kristina, the powerful men in the smoke filled room, have decided to bring us into a new economic system, where the masses won't own anything, & we'll be ruled over by corporations. The World Economic Forum has basically said that. We'll all be on a UBI, rent everything, & AI/robotics will run the economy. It's a system similar to communism. Some people refer to it as technocracy. They also say, that humans will become cyborgs. & in my opinion, I think they'll successfully implement it. Will the people put up with it? Maybe. I wouldn't doubt it. One group that might not, are the black folks. Get ready though, because the big guys are gonna to go for it.
@hwoodist
@hwoodist 7 ай бұрын
@@allermenchenaufder if I had the finances to monopolize thousands, I would.
@KB-qh2jt
@KB-qh2jt 7 ай бұрын
The big money will buy and own all the property and the investors will pay for it.
@jonny777bike
@jonny777bike 6 ай бұрын
I’m a Reality Income REIT investor but I believe that homes need to be affordable and everybody should either be able to own a home or afford the rent.
@FAITH4G
@FAITH4G 7 ай бұрын
This is happening in Canada too, the hedge fund investor are not to blame alone, U S A government is part of this too.
@Nbkeo48
@Nbkeo48 6 ай бұрын
I agree with you. I think hedge funds need to be stopped and I always say lobbyist need to be outlawed.
@JGFowler121
@JGFowler121 6 ай бұрын
Congress members are making a fortune off going in with these investment institutions. Don’t count on Congress to end this.
@nwilt7114
@nwilt7114 6 ай бұрын
Fortune 500 companies straight out owning or connected (companies connected to them) to residential real estate should have limits of how many homes they can possess and/or higher taxes associated with earning rental income (with no tax loops).
@sirennoir258
@sirennoir258 7 ай бұрын
Wait Amazon selling houses now? Are they going to deliver in two days?
@eattherich9215
@eattherich9215 7 ай бұрын
Next day delivery, surely. 😂😂😂
@ralphlong9973
@ralphlong9973 7 ай бұрын
No. Listen to the video. A company that Jeff Bezos invested in is buying homes to rent out.
@marybowers6090
@marybowers6090 7 ай бұрын
Boycott Amazon
@LannaLann
@LannaLann 7 ай бұрын
I live in twin lakes in Geismar, and the lot rent has gotten so expensive it’s creating such problem for my fixed income neighbors. One is having to move in with his children in a different state because he can no longer afford to live here.
@yogawithjengentleyoga3614
@yogawithjengentleyoga3614 7 ай бұрын
There goes the American dream!
@hermanrogers1325
@hermanrogers1325 6 ай бұрын
This is why I am getting phone calls texts and emails and letters in the mail from people who want to buy my home I paid off over 4 years ago they don’t realize that my home is a investment in me.
@AfterHoursBartender
@AfterHoursBartender 7 ай бұрын
Reduce the regulations on building new houses. Reduce zoning regs, ease permitting process, etc.
@Dieselpwr
@Dieselpwr 7 ай бұрын
We need to increase rates
@CloseYourWombs
@CloseYourWombs 7 ай бұрын
What are they going to do with the homes they’re buying?
@JP-iq7pu
@JP-iq7pu 7 ай бұрын
There will ALWAYS be institutional investors buying and renting homes. Yes, you are right they will NEVER pass a law that seriously curtails that because they too also beifit from it. TOO much money to be had and made in real estate from multiple ways and people.
@cheeriomartinez
@cheeriomartinez 7 ай бұрын
Also, are there a lot of foreign investors here in America? Because it seems like my last two landlords were based off in China since the property manager told me that’s where the owner lived.
@bebeautiful6613
@bebeautiful6613 7 ай бұрын
Use to be,a person could buy a home and know the monthly payments were less than their rent. This year my son finally had enough for a down payment. His credit checks out great. He did everything right…. Holly snarky!! For an inexpensive home in our area. Small city Nebraska. His mortgage payments are going to be double his rent!!! He decided not to buy yet. Also,here, all the small starter homes, are being bought up by investors wanting them for rental properties. 😠Small home neighborhoods are falling into disrepair 😢 My friend said she wants to buy the home next to her, to control here neighborhood from the riff raffle 😳 Man did I give her a schooling as to why that was wrong and how we really need people to own the home they live in. How much better a neighborhood is when people own their homes. She was, needless to say, shocked and had really never thought of it like that before 😳😳😳🤦‍♀️🤦‍♀️🤦‍♀️ Thank you for this video!
@EmilyGloeggler7984
@EmilyGloeggler7984 7 ай бұрын
Honestly, manufactured boxes are not the solution.
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