American Dream Stolen By REIT's

[@KristinaSmallhorn]

_Do you think private equity is the answer t the affordability crisis here in the United State?_ * Watch American Dream Stolen By Corporations kzbin.info/www/bejne/jnbSin16n8uEesk *

[@Jeffrey-s6g]

It's an absolute theft system and they are racketeering off of our backs

[@oleeshanorris5343]

Private equity is the downfall of everything.

[@SUEELLENELASALI]

I said it I WAS RIGHT! I said iT's not the American DREAM iT's the American NIGHTMARE & IT is ‼️

[@kojorichardson4283]

Citizen ballot initiatives may be the answer

[@Ali-e5h1b]

No, I don't. The commodification of housing is the root of the shortage. A housing as a business should follow zoning laws; meaning, you can't own single family homes as a business, only multi-family. Otherwise, sprawl will continue to devastate our country. People are moving rural or in trailers, to avoid extreme housing prices.

[@Life-Is-Short23]

This is so disgusting what is being allowed to happen to the people in the USA! Thank you, Kristina, for continuing to bring this information to the forefront. I wish more people were aware & and would open their eyes!

[@jeromekaton336]

One day this country may see some real serious civil unrest,just a matter of time.

[@dgarza-jw9fg]

Self caused civil unrest too!

[@JohnnyLawless-dz4sd]

Been squawking about this for years...they've got us literally invested in our own demise. It's sick...really sick. We have to fix our minds and find our spines--like yesterday.

[@cb5516]

Why? As a homeowner and someone with a 401k this benefits me. When housing prices go up, and the market goes up I am better off for it. Hard to go against your own self interest

[@blackellegirl]

Well, not everyone can be rich. Regular lower income people can’t afford to live in over priced apartments. Now, they’re fixing the prices across the whole city. They’re using software now that makes all the rents the same price so there is no competition in apartment prices, in an entire city. So, there is no competition for the renters to find a reasonable apartment. This will cause lower income people will need to leave a city altogether. Those lower income workers won’t be around to be your cleaning lady, gardener, teacher, nanny, Home Depot employee, server at your favorite restaurant, cashier at your favorite store, and care mechanic that service your car at your local dealership. So, I hope your REIT is worth it. 🤷🏾‍♀️

[@blackellegirl]

@@cb5516it will ruin your community if regular people aren’t around to do services for you. Be prepared to not have anyone to work at restaurants or companies that do manual labor for you.

[@noreenn6976]

Buying a home seems hopeless for folks who make less than $100k AND the rents are too high!

[@KristinaSmallhorn]

I know, its awful.

[@vmaultsby]

Absolutely

[@paulawilliams7030]

You are so right on!

[@davidbrooks8809]

NOT TRUE

[@andratoma9834]

Rents are only as high as the market allows- if you ask too much, the laice stays empty

[@JediObiDave]

REIT's - HOA's , both need to be outlawed.

[@oleeshanorris5343]

Yes they do

[@erniegutierrez2288]

Dont forget mandatory insurance

[@Omar_Zazzle]

Then who would take care of the common areas? I live in a HOA, it's not ideal but so far, it's not horrible.

[@karenscookingkorner]

Absolutely agree! Or at the very least regulated

[@KristinaSmallhorn]

You’re not wrong.

[@peter455sd]

The source of all misery is Blackrock and their phony affiliates

[@KristinaSmallhorn]

Blackrock and Blacktone sinister sisters to control everything.

[@marpro765]

👍👍👍👍👍👍👍👍👍

[@williamtiffee3799]

Dba: "Blackrock" (Vanguard, State Street, et al) is a subcorporation of the "United $tates" Municorp... a subsidiary "nation state," of the UN. (i.e. A City of London Trojan horsey, circa 1946!) And the FED central bank, BAR franchise and D of C, are MOST OF the rest of, THE PROBLEM! (i.e. Along with Wall Street... and the 'fiat' funneled, "monopoly money..." backed since 1971... by "public confidence," ONLY!)

[@shake_shells11]

The Fed

[@dgarza-jw9fg]

They are just operating under the established government that people have elected. So, who is the source of all misery again?

[@appfix5]

Make laws against this kind of injustice.

[@jeffreyclarke736]

How? You're talking about the WEF and central banking system. This is the deep state. People have been warning the public about this escalating problem for years and yet the sheeple have parroted dismissive narratives reducing these on-point and critical thinkers as conspiracy theorists. So now that you are waking up... what now? What do you suggest? This conspiracy theorist is all ears.

[@kikigirlkauai]

Elizabeth warren has been trying.

[@etacas1412]

There not going to.

[@hellooutthere8956]

​@@kikigirlkauaii dont trust anything out of tht woman's mouth

[@hellooutthere8956]

​@@kikigirlkauaii dont trust anything from tht woman after her censorship grab.

[@raysun2be]

Also, if the REITS control a neighborhood and housing prices go up, property taxes go up as well.

[@KristinaSmallhorn]

You are correct.

[@TheThreatenedSwan]

The government is the last place you want money going

[@GenghisKhan311]

The government loves it why they let it happen. Well made it happen

[@stevenhard3961]

Not if it is Black rock. Politicians will be bribed as well as local government!As for mobile homes the parks already steal them. Once an owner hits hard times or the Park is advised by the mobile home lender is repossessing the trailer the Parks give the lender a BS list of required repairs that need to be done for trailer to stay in Park. When the owner or Creditor question the list of repairs the Park simply tells the owner or Creditor that if they want the repair list to disappear all that is needed is for the owner or Creditor to do is just give the Park the mobile home for free!!

[@FloridaFrank2010]

There are thankfully limits that some states can increase tax rates on your homestead. In Florida, it is 3%/year, max.

[@erniegutierrez2288]

Start branding politicans as the "you will own nothing and be happy" candidates. I knew that "citizens united" ruling was going to change America, and not for the better. Campaign donations are not donations (theyre bribes) Money is not free speech corporations are not people Great vid Kristina! "Like"

[@KristinaSmallhorn]

Exactly!!

[@JuicerNation]

too bad america first is a racist concept.

[@susansauceda9879]

Exactly. And declare WEF and WHO as enemies.

[@juliettejamour5484]

that's a great suggestion

[@nancymcmonarch]

Saw this kind of thing coming years ago, when house flipping became a thing. When I was a child, people bought homes to live in for years and raise their families. All of a sudden, in the 80s, everybody's home became an "investment" to be sold at a higher price a few years later. (So no nails in the walls, no neighborhood stability, and everything had to be beige.) The rampant flipping drove home prices up and further up, and now here we are with these ridiculous prices.

[@L1623VP]

So true about the house-flipping racket. It also astounds me how there is virtually no relationship between the market value of a home and its intrinsic value. If you add up all the costs of the materials in a home, even at today's prices, along with the physical land itself, the total comes nowhere near the "sale" price or market price of that same home. So much of the value is "perceived" value and not actual value.

[@nancymcmonarch]

@@L1623VP Had a boss back in the 80s who insisted, "Nancy, you've got to buy a house! Even if all you can afford is in a bad neighborhood. Get a pitbull. You NEED to buy a house!" (which was, of course, none of his business, but bosses be like that sometimes.) And I told him, "No. No way am I taking out a $300,000 mortgage for a house that's not even worth $30,000." He looked at me like I was crazy, but NO. And NO regrets, after all these years.

[@AnnC....]

They said they want people to own nothing, that concept is so evil, no one of influence challenged that statement, you will own nothing, If young people are prevented from buying an affordable home, it's time to bring a law-suit

[@chriswhite2151]

Who do we sue? The people in charge are filthy rich with slimy lawyers.

[@KristinaSmallhorn]

Who shall we sue?

[@AnnC....]

@@KristinaSmallhorn These corporations buying up everything in sight, there needs to be a fair housing law set forth, to give our young people a chance to buy a home, like most of us had that chance.

[@vmaultsby]

Absolutely

[@eattherich9215]

@@AnnC....: the problem is that voters have licensed politicians to do the bidding of the corporations by not paying attention to who has bought them.

[@susanpage8315]

I have investments in REITs, to a small degree. I don’t even know where these places are. I hate that I may be part of the problem.

[@thanosianthemadtitanic]

*_everyone takes the moral mountain until they benefit from the immoral valley_*

[@falsificationism]

I hear you (me as well). But we're not the baddies here. They've created an impossible situation where we can't retire without 401ks, Roths, and other investments. It's not like this everywhere and it's not inevitable...they'd really like for us to believe this is the only way we can have nice things...and for now that's true, but we all deserve a dignified life with a dignified retirement and we shouldn't have to invest in corrupt and harmful industries just to keep breathing. Keep on keeping on!

[@user-kp6ud7ht4z]

So why not divest?

[@thanosianthemadtitanic]

@@user-kp6ud7ht4z sweet sweet dividends

[@ajax7ox729]

Not a crime

[@BurningMyBra]

Charleston SC rents are rising $500 to $1000 per month without consideration to how long you have been a resident. These increases are on C grade properties. Impacting senior women the most. Private Equity is destroying housing, healthcare and pensions. Please read The Plunderers! Thank you for highlighting this American Tragedy!

[@RED-cy7ig]

The holders of reits will scare everyone with their retirement plans. So hard to swallow. People who are needing an affordable house are getting money pulled from their checks by their 401k's and indirectly helping to keep themselves from owning a house. Sad.

[@Bada_Boom78]

Well put

[@joanmavima5423]

You’ve described it well

[@michaelb.8953]

Working hard to destroy one's own financial future.

[@Thecrooms]

I am a property appraiser and when I was in Florida during the pandemic I watched as invitation homes buy up half of a entry level PUD. Now I am in Virginia and I just found out that one of the huge HOA’s is owned by a company that is owned Blackrock.

[@KristinaSmallhorn]

They are buying HVAC companies as well.

[@StreetSouljaz1]

What steps are required get to become a property appraiser?

[@jer1776]

Thanks for spreading the word about this.

[@Jeffrey-s6g]

Absolutely 💯!

[@KristinaSmallhorn]

Thank you for watching and spreading the word even further! I appreciate you.

[@JEffinger]

You saw that article about Pennsylvania selling their water huh. Yea water capture is disgusting.

[@KristinaSmallhorn]

Yes, I saw it. Mississippi is looking into it as well and some areas of Florida and Texas.

[@ovrjoyd]

And let's not forget PE firms are buying out all the local HVAC/plumbing, electricians, roofing companies, etc. It happened in my area. All these long-standing established companies are consolidated into an "umbrella" corporation. I have seen the reviews tank on all of them in the last two years. You can tell by the older reviews mentioning the old company name and the newer reviews where people mention the former company they have trusted and been using for decades, wondering what happened? They pay seven or eight figures for an established company, drain the resources, and gut it.

[@KristinaSmallhorn]

I know. This has to stop. Wall Street has too much control.

[@WilliamKirkland-j4r]

Almost analogous to the 'Military Industrial Complex' - Yes? Government and Finance collude to control.

[@furthereast6775]

🎯

[@L1623VP]

It's how the international communists and capitalists actually work together toward the same end, eliminate the ability to own private property while making massive profits off the racket at the same time. They're two sides of the same evil coin.

[@FORTRAN4ever]

On the last episode of '"Little House on the Prarie", a land grabber got possession of towns in the ares and gave the reside to the choice to leave orwork for him as presumably pay him rent for t real estate that they live and their business. So, they blew the buildings up. I would tear the mobile home in the mobile home park before vacating it.

[@KristinaSmallhorn]

Some have actually set them on fire. Just to make a point.

[@dearyvettetn4489]

Sabotage or destruction… 🤔 The perfect legal solution since that home is still the resident’s property.

[@anniesshenanigans3815]

or put some shrimp in the walls...

[@joanmavima5423]

@@anniesshenanigans3815😉

[@cfoster6804]

​@@anniesshenanigans3815 Huh?

[@verlanderickson1702]

In Gallatin County, Bozeman Mt. The County commissioners raise the taxes the owners raised the rent and the working class is leaving they cannot afford to live here

[@KristinaSmallhorn]

I heard that and they always vote down any affordable housing prospective projects, then complain that they can find people to work at the restaurants, gas stations and grocery stores.

[@brentmartin6833]

And that is the market in action. If you don't pay people enough to live nearby or to justify the travel, people *will* "vote" with their feet. Some people are more "sticky" than others due to a number of factors, but with internet people, *can* head out with less trouble than when company towns were more common. That doesn't mean that it's easy to do, especially if you've lived there all your life and all your family/friends are there.

[@Mondo-fr2lh]

I feel sick after this video

[@Omar_Zazzle]

I suggest that you move to North Korea since the Supreme Leader owns everything and you get your housing for free. Just remember that you won't have internet or cell phones and you will have to survive on eating dirt and bugs but if this is acceptable to you, I am sure you can take your next vacation to North Korea and then defect.

[@KristinaSmallhorn]

I’m sorry. I was a bit ill when I researched this for the video. Its shocking. I just want people to know what’s happening. It’s appreciate you taking the time to watch.

[@Mondo-fr2lh]

​@@KristinaSmallhorn I want to express my gratitude for your dedication! Over these past few months, I've gained a wealth of knowledge from you. I'll be sure to recommend this channel to my friends and family.

[@Here4TheHeckOfIt]

​@@Omar_Zazzle Your suggestion is bonkers. We are discussing problems with the U.S.

[@lucianaromulus1408]

@Omar_Zazzle if you think we live in a free Capitalistic society anymore...I got a bridge to sell ya

[@akumacode]

I have a friend invested in REITs and when he explained it to me I wondered "how is this any different than something like Blackrock? If I participated in a REIT wouldn't I be part of the problem?"

[@ImJustKindaHere]

First time hearing about REIT's. I appreciate the info/knowledge you put out for everyone. You are a gem on YT.

[@kristinthornton2690]

This is happening to my home which is a rental. Someone is buying a "package" of houses. I am told and I should expect my rent to increase dramatically. Scary! I live in Indiana.

[@jerfacekilla]

We have REITs in Canada but they are highly regulated. Probably couldn't get away with the bs they can in the US.

[@KristinaSmallhorn]

They always tout "deregulation" will make everything better. but what they mean is "deregulation will make everything better for them"

[@jerfacekilla]

@@KristinaSmallhorn Yes, the people touting deregulation as the solution to all economic problems are the people who will gain the most from it. The overwhelming majority will always lose. In a free-market system you always have to have regulation.

[@L1623VP]

Perhaps, but I keep hearing how owning a home in Canada is virtually impossible now too, mostly due to foreign investment and Chinese firms buying up all the homes, creating an artificial demand increase and inflating prices, especially in Vancouver. I've heard you can drive down some streets and look directly into the front windows of the homes and straight out to the backyard because there is literally nothing inside them. The homes are all empty, paid for by foreign investors and just left to sit out of the market.

[@WilliamKirkland-j4r]

Thanks for sharing. You have the correct personality and energy for the job.

[@janetbusener6326]

I bought an Atlanta HOA free ranch on an acre lot and have never looked back.

[@susandavis4031]

I work for a large REIT. Since COVID they have been raising rents 7 - 10% and more. They all get together and fix pricing. They would rather you vacate than lower the rate. It's all for the investors. It's a shame.

[@kikigirlkauai]

Love this video. Thank you for calling this out.

[@jayc9184]

Nailed this one. Pure greed.

[@jasonjones2810]

And nothing changes. Our politiions are the problem.

[@guyjara3920]

Thank you for embodying the nauseous reaction we all have to this disgusting corporate greed that is destroying the middle class and the American Dream. We are with you and we feel the same way!!

[@richh650]

Everyone should watch this very important video!!! Being sad and angry is not a strong enough emotion for this being allowed.

[@rubyruby6358]

I just started watching your channel about a month ago. Love how you care for the people who can't afford million-dollar homes. This is terrible. Have you contacted your representatives? There needs to be strength in numbers to get the laws changed.

[@KristinaSmallhorn]

I have actually tried to get tiny homes for vets back in 2018. The problem is that they really don’t want to solve this. It just makes for good campaign promises and their picture in the paper to make them look like they are doing something but they do nothing but fund raise.

[@rubyruby6358]

@@KristinaSmallhorn It's always about the money. These investors have lobbyists who pay to keep the status quo. Perhaps the only way is to name and shame the politicians? You would be great testifying before Congress. I can't imagine some company taking away my home. Its horrible

[@karenscookingkorner]

I am literally stuck renting where I am because there is not any place that has reasonable rates. It is sick. I have looked at every single option.

[@KristinaSmallhorn]

Something has to give, people are spending way too much for shelter.

[@heathercontois4501]

We were going to try and rent where we live. This one place that had very affordable rent required the applied to make 6 times the rent amount in income as part of the approval requirements.

[@KristinaSmallhorn]

@@heathercontois4501 with 6 months in reserve that makes it literally impossible for so many people. Thats insane.

[@karenscookingkorner]

@@heathercontois4501 Do owners realize that rents have more than doubled…….our paychecks have NOT doubled. Insanity

[@cb5516]

​@@karenscookingkorner I doesn't matter. As long as someone will pay the rent and meet the income requirements it's irrelevant if most find it affordable.

[@growingtolive2040]

REIT's have been around for a long time. A way to do investing (big investing) with OPM (other people's money) and protection (for the controllers of the REIT). If you think housing development is a target.... look at the hotel industry, commercial property industry and let's not forget big farming. People need to wake up pay attention to what they are investing in or buying. Just look at the income tax protection REIT's receive you will be more upset.

[@dorenemcmahonhardy5484]

The government needs to revitalize Monopoly laws and start using them.

[@KristinaSmallhorn]

EXACTLY!!!

[@prodigalpriest]

Do you REALLY see the Government doing that anytime soon? 🙄

[@jasonjones2810]

@@prodigalpriest No. They do that on purpose.

[@blackellegirl]

@@prodigalpriest due to the Citizens United ruling, the elected officials now have to rely on large campaign donations from corporations just to compete. That ruling singled handed ruined many aspects of our modern day government.

[@onceupon3805]

School funding should not be connected to property value whatsoever. It's such a punishing system.

[@dgarza-jw9fg]

But they wanted that over the Constitutional Republic that guarantees the pursuit of hapiness and freedom!

[@onceupon3805]

@@dgarza-jw9fg lol

[@Chew5219]

Remember when there was supposed to be a silver tsunami? Turns out it was more like a sliver sprinkle.

[@KristinaSmallhorn]

Yup, they can't afford to sell

[@brentmartin6833]

I remember the young people where supposedly eschewing cars and wanted to live in cities for the rest of their lives. This was ~early 2000's when some pundit said that. Goofy 🤪 pundits. The silver Tsunami was also supposed to wipe out everyone's 401k/IRA funds. I told a friend that was worried.... Unless the Silver Haired people have very little in the market or have really bad advisors most of their funds will stay invested until they need it. Along with consideration that the Boomer's have a spread of ~ 20yrs between the first one's and the last one's.

[@brentmartin6833]

I remember the young people where eschewing cars and wanted to live in cities for the rest of their lives. This was ~early 2000's when some pundit said that. Goofy 🤪 pundits are. Also when they thought the Silver Tsunami was going to crash the stock market as all the Boomers took all of their retirement monies out? One of my friends was asking me about this (years ago) and even then, it's no, that's not how it goes down. People the boomers are a Generation... just like all Generations they're spread out over a decade or two and they're not all on the same life trajectory. Not all of them *need* all their money at once. If they've done it right they're living off the dividends or gradual draw downs. Most of the ones I know don't want to sell because they *like* their home's and where they live.

[@allthingseducation]

It depends where you lived when you started buying a home -- I lived in Fairfield County, CT in the 80s and could not afford it -- I got my first home at 36 and now at 61 I finally purchased a home for cash!!! History depends on the vantage point you viewing it from!!!

[@Johnrl21]

Line needs to keep going up. That’s just the way it is folks.

[@danielmorse4213]

They will lie to you!

[@Tormekia]

REIT: You can't own a home but you can own stock in 200! Ugh.

[@LWeesdom]

Thank you for posting this information, I am new to your channel, and the Housing Crisis in Los Angeles, It's shameful. Our Governor is disgraceful, my kids are hard-working in 30; and have saved over $100k + to own their own house, and still cannot afford any in our zip code today. My mother and father bought a manufactured home 90's they still live in today, and the rent monthly is over $1600. they have no control over that, getting notices on the door for too many chairs on the patio. Ridiculous and getting petty fines as well.

[@FloridaFrank2010]

Entire subdivisions here in Florida are being built 'Build-to-rent' - one corporate entity for the entire neighborhood.

[@abbibrannan333]

My first home was a doublewide in Santa Clara County CA. That was all I could afford. I have considered investing in REITs. But now seeing as they are causing this over charging in all areas of housing, no way to be invested in that. They are the carpet baggers or profiteers off of others hardship, so sad!

[@McHaulJunkRemoval]

This sounds so familiar. The company I rent from and also do junk hauling for used bought up our while neighborhood and a whole other block. Remodeled every apartment/ house when a tenant moves out and sets the rent hundreds higher. And the remodeling, although it looks nice, is cheap and won't last. And some of the places just sit, and no one can afford to move in.

[@heladds]

Thank you for the information! and I love the way you present...

[@lashlarue59]

A REIT is yet another financial instrument like a Derivative, Collateralized Debt Obligation (CDO), Collateralized Mortgage Obligation (CMO) etc. its a method of bundling together 1000s of things like houses, mortgages, car loans or whatever and making money off those entities. They can also sell stock in those bundles and pay dividends from those profits. Its profits from those 1000's of entities that allow them to corner markets and set prices. That's how they wind up in the portfolios of 401k's and retirement plans. Its making money by moving money around which a society does when they don't produce much of real value.

[@Blacknyeto]

You should look into Micheal Hudson's work. All our dreams are being stolen by the FIRE sector. Finance, Insurance, and Real Estate.

[@garyfrancis6193]

City governments love high home prices because they can charge more municiple taxes. They even have them color coded in order like the yellow rows of taxes.

[@nw42]

I hate that I needed to know this, but thank you for telling me. Subscribed.

[@Stephanie_12345]

I truly believe there is a tipping point in most people, where most will not accept the situation that was imposed on them. Then change will happen.

[@LL-wu8zt]

My son rents from Invitation homes and they are awful.

[@KristinaSmallhorn]

They are known to not come out and repair items.

[@LL-wu8zt]

@@KristinaSmallhorn You are exactly right. I have so many stories but to make it short they should not even be in business.

[@gaillund]

Eliminating the carried interest tax loophole would go a long way to solving this problem.

[@cstone6267]

One of the ways to build wealth is to own your own home. Don't let them steal the American dream from you.

[@davidbrooks8809]

Owning your own home is not Building Wealth unless you are renting it out😊

[@joanmavima5423]

David is a bot, adding no value to the conversation.

[@cable30]

This is why not many own a home because of investors anytime 😢

[@TheCreativeCommoner]

I feel like renting prevents people from retiring comfortably. If you're a home owner, your property taxes go down significantly. But if you're renting, rates could possibly increase each year

[@KristinaSmallhorn]

They want to raise the retirement rate. They want to “sunset” social security. They want raise health care costs and have private equity run hospitals. If you ask me, they just want us to work to death and never retire, it costs them too much.

[@cb5516]

​@@KristinaSmallhornYou're not wrong, so follow suit. You've got rental property, invest in what they do too. As a kid I was taught, follow the money. Here's a great example. We'll be able to retire.

[@cfoster6804]

​@@cb5516 Yep, only think of self. That'll help society.🙄

[@blackellegirl]

@@cb5516 all it takes is one big medical crisis, like cancer, to wipe out life savings. Since private equity is trying to monopolize healthcare, they’re going to make that even more expensive as well. Then, you see all your investments going towards your health crisis. You can keep believing that you can be above it all, but unless you are at least a multimillionaire or above, all it takes is just one big disaster to show you that you can fall victim to private equity too.

[@4Phoenix76]

The whole rental increase can’t occur in areas where rent controls exist.I used to live in an mobile/manufactured home park and they increased only once every year but within the percentage cap allowable by law.

[@johndcunninghamjr4111]

What happens when no one can afford to pay rent to them and all their houses ,condos and apartments are empty? It looks like that is starting happen now. I see so many empty condos and apartment buildings empty now. Seems to me after they brake us they have no more income and no where to spend it. LOL.

[@vmaultsby]

Right

[@Here4TheHeckOfIt]

This is capitalism cannibalizing itself.

[@healthiswealth77711]

That's where the ill*gals come in.

[@KristinaSmallhorn]

They use those vacant homes and apartments as a tax loss and keep rents high. They make money either way.

[@cb5516]

​@@KristinaSmallhorn100% Facts!

[@SugarWire.]

My husband keeps getting phone calls; trying to buy our home. We are 5 minutes from a hospital, neighborhood Walmart, and a little fast food place. A very ideal area. So he keeps telling them 250k with out looking at the house. They just hang up. Lol

[@KristinaSmallhorn]

Perfect!!

[@TheBudgetWarrior]

We might all end up somehow invested (401K, pension funds, etc…) in the companies from which we rent our dwelling and that provide our utilities. A private company is buying our electric company. YIKES!

[@kimroth2083]

Where can I research a map like this in my area that shows the concentrated owned properties (REIT's)?

[@johnphoenix1175]

Great video! I already thought investors should be limited to multi-unit properties like duplexes, apartment complexes, and trailer parks. But after watching this I think investors should be limited to investments that create jobs.

[@DorahJack]

Investment banking can be quite lucrative if you know what you're doing, but it also comes with its fair share of risks.

[@VictoriaAllen-ml8kx]

That's true. I've dabbled in investment banking myself, but I prefer to leave the heavy lifting to the professionals.

[@Thomas_dan]

Speaking of professionals, have you guys heard of RPC Wealth? They've been managing my portfolio for the past couple of years, and I've seen significant growth in my investments.

[@LeeBan92]

RPC Wealth, you say? I haven't heard of them before. What sets them apart from other advisory firms?

[@ToriaBen2]

Well, for starters, RPC Wealth takes a personalized approach to wealth management. They tailor their strategies to fit each client's unique financial goals and risk tolerance.

[@DorahJack]

Plus, they have a team of seasoned professionals who are experts in their field. They use a combination of traditional investment strategies and cutting-edge technology to maximize returns for their clients.

[@pamelascottAZrealtor]

Love your Channel!!!!

[@dumdiversaspapalbull1452]

Buy a lot that already has been pushed over and has a sewer and water tap existing on the property. Build your own house with your own hands. Let these houses with these abhorrent prices sit there and look at the ones that own them. When the taxes roll around on them about 6 or 7 times, they’ll rethink how much they’re worth to them.

[@KristinaSmallhorn]

Maybe 🤷🏻‍♀ or they can see taxes going up purposely sell these home at a massively reduced price to another investment firm to bring down property prices. A firm they have a handshake deal with.

[@apersonontheinternet8006]

I work on that side of the house and can assure you that this just isn't realistic for most people. Now if you have all the equipment, can self finance, have a business to get distributor prices, have the skills to do all the work throughout the entire construction process, and can afford to take months off of work to build your own home then you might save some money. You certainly aren't going to save a nearly as much money as most people think they might by doing so [building yourself]. The notion that just because you saved a bunch of money building your own home means that you will save money on tax assessments is laughable. I don't mean to insult you with that comment, it is the prevalent idea that price=assessment value from those that don't know what they don't know that I find laughable. If you ask me this is nothing more than the intentional destruction of private ownership. I've also noticed another trend but am generally hesitant to get into it because it is pretty complex.

[@dumdiversaspapalbull1452]

@@apersonontheinternet8006 I don’t know what you’re talking about saving money on tax assessments because you saved money by building your own home. Nothing like that was ever stated. Secondly, if you’re still trying to build a dream home, in the midst of a nightmare economy, you’re totally missing the point. You need a roof over your head, and a place to shower and prepare food. I’ve been working on stick frame houses since I was 23. I’ve watched these framers building chimneys and never pull a level out. If these guys can get paid to do it, people doing for themselves can certainly do it.

[@blackellegirl]

@@dumdiversaspapalbull1452 not everyone can build a house. That’s just not realistic.

[@everythingisfine9988]

Allow commercial real estate to become housing and move zoning up to the national level. This combination of this would drop a lot of housing on the market

[@KristinaSmallhorn]

Not a bad idea.

[@cb5516]

They're doing this in some areas. Luxury condos

[@alyross2850]

I had no idea about this! Great topic! What a shame!

[@KristinaSmallhorn]

Glad you learned something new today. To be honest I really didn’t realize how wicked this web has been weaved until I started looking into private equity back in 2019. It’s so scary how much they control.

[@michellehernandez9790]

😢😢this is so heartbreaking how can we the people fight against this

[@milboful]

Absolutely true. Thanks for this.

[@vmaultsby]

What is a solution to this problem?😮

[@sherrylewis6932]

Boulder Colorado was having this problem Big time. The city council worked to deal with it in several ways. The city hired a lawyer and an advocate to help home owners set up and form HOAs to help them band and work together constructively. The city also passed laws to prevent the Mobile Home owner from forcing people to get rid of their older homes. The city knows it is an important part of affordable living here. It was so important to have the city's support in standing up the predatory practices and bullying in the mobile home parks.

[@izifaddag8221]

I am in an industrial REIT. The fund I use is STAG. None of the REITs are doing well and haven't for years. Ticker symbol O (probably the BEST known REIT) I think is a complete dud. I sold my shares and bailed.

[@vkm416]

It’s gotten ridiculous even in the towns 30 miles away from Atlanta! It’s disgusting!

[@magdamejia9704]

Great information!! Thank you ❤

[@bdtn342]

I consider REITS the same as corporate investors (Blackrock, vanguard, etc.). I don't invest in them because of this housing mess.

[@eattherich9215]

If you have a company pension, the fund manager may be doing it for you. You must look into where your contributions are going.

[@amysoos3552]

Wow! Just WOW!! This is so eye opening….

[@s99614]

So, buy stock in REITS?

[@eattherich9215]

And contribute to the problem.

[@jeffreyclarke736]

What's strange is that many of us knew this ten years ago and even told you so, but crickets... and now you're finally admitting this as if it's NEWS? COME ON!

[@dgarza-jw9fg]

Watch, later on they will complain about the big tech companies buying the homes and making business out of it. Blaming whoever makes profit out of while allowing bills and policies that allow this!!!

[@Gudgurl28]

I need a friend like you in my life! Great info. Thanks

[@Prototype278]

I rented from home equity for 5 years. Prices went up every year despite them doing nothing to make the home better. We had a pipe leak, they cut a hole in our kitchen ceiling and never fixed it. Rent became so high we left.

[@jeran881]

The Monopoly board has all been sold boys. Here's hoping we can make it pass go collect our 200 and head for free parking or better yet, jail.

[@christhomas5898]

I live in a nice mobile home community and yes rent keeps going up and up! We have no recourse. We are getting priced out. What can we do? Your a hostage

[@donalddaffern6837]

Thank you

[@ReubenAnkers]

Love you calling bs on these people ❤

[@captaincrunch1707]

It’s so weird how this seems to be happening all of a sudden regarding mobile home parks. Seen them on the news for local regulatory reasons or the owner is just selling the land etc.

[@vickimartintingle3391]

Thank you 😊

[@Alex-tp8ku]

When people have nothing to lose, they gonna start leaving ashes.

[@jasonjones2810]

Realisticly, people probably wont do that. We have to obey laws or face consequences. I hate it.....

[@blackellegirl]

@@jasonjones2810 tell that to people that participated in the French Revolution…

[@RobNaughton54]

I’ve been saying the same thing for a while now, private equity firms are buying up everything and I don’t hear any politician on either side addressing this. So what options do we have as Americans when both sides are bought by the same people? How do we make little changes in our lives of where we spend our money, that will have an effect on these companies?

[@vincenttiene]

Their main objective is profit growth. Therefore, rental prices need to go up every quarter/year in order to achieve that. In a case like this, rent control on single family homes could be a solution.

[@xanderytube]

Scary... I wonder if it would be possible to treat this like zoning? No commercial (corporate) ownership in single family zones? Seems like new law is the only way it's going to change.

[@Bewefau]

You should check to make sure David Rockefeller or George Soro's didn't invest in it.

[@bgiv2010]

This is just what happens when we accept markets for housing in the first place. What was the alternative endgame because I have no idea what the selling point could have possibly been.

[@jonathanjacques7250]

I have invested in REITs, but they only invest in Healthcare related buildings. Happy with the dividends they generate.

[@chriswhite2151]

The cost of hralthcare is going up too

[@KristinaSmallhorn]

@@chriswhite2151 Yup

[@davidbrooks8809]

You do know that dividends is not extra cash it's not extra money😢😮😅

[@David-pg5yv]

Glad I live in the country no problems.

[@KristinaSmallhorn]

Which one? Every country has their own set of issues.

[@heathercontois4501]

I live in a rural county, it's problem.

[@Healingandchoices]

Apparently, some folks don't believe those areas are.....nice homes.

[@hermanrogers1325]

So these are the people that call and want to buy my old house that’s paid for

[@micheleyoungblood]

Don't sell your paid off home to anyone for any reason

[@ancienttech4636]

Is Berkshire-Hathaway a REIT?