The median income is just over $58,000 and the average home price is just over $400,000.
Пікірлер: 57
@DTX_AEther_Diamond_21424 күн бұрын
They need to stop housing companies from buying out a certain amount of properties.
@dancox325124 күн бұрын
@@HorrorAlgorithm0x1337 Actually mom-and-pop investors own and have been purchasing the vast majority of homes. They are heavily incentivized by the government, especially after the GFC to buy more houses. Most of the people I know own 2, 3, 4 or 5+ houses. None of them work on Wall St.
@CR-sj6px24 күн бұрын
Talk doesn’t solves problems. Need to put DISADVANCE property Tax if own more than 2 single houses for the owner with LLC , private name and corporation.
@underground926022 күн бұрын
They aren’t doing it as bad as they we’re when the interest rates were very low between 2020-2022. Housing during that time skyrocketed out of control. I literally couldn’t deal with it anymore and ended up leaving Texas.
@ronp-eb9bh24 күн бұрын
Welcome to corporate owned America.
@juanzuniga761624 күн бұрын
How do the average income equals less than60 grand yet somehow the average house is worth 400 grand.
@neanam23 күн бұрын
Can you say swamped in debt
@raep371323 күн бұрын
Developers and migration from other states. People moving from states like New York and California are able to take their money and buy houses with cash based on the profit they made selling in their home states.
@Cmorrison62624 күн бұрын
“Thanks Newsom!” Oh wait…
@Xx-po1fu23 күн бұрын
You should be thanks Governor Abbott, buy you are not brave enough to tell the truth
@theformulated120 күн бұрын
Texas isn't red... It's purple & slowly going blue
@jasoncrandall7318 күн бұрын
Legislature Party totals 88th (2023) House - Republican 86 Democrat 64 Senate - Republican 19 Democrat 12 Governor- G. Abbott Republican. Looking pretty Red to me. 🤷
@CR-sj6px24 күн бұрын
😣Talk doesn’t solves problems. Need to put DISADVANCE property Tax if own more than 2 Single houses family for the owner with LLC , private name and corporation.
@spacesoup679715 күн бұрын
ban corporations from owning family homes
@chingllac24 күн бұрын
I'm selling my house soon here in Plano which is 25 minutes away from Dallas.
@jdwool0823 күн бұрын
So what
@chingllac23 күн бұрын
@@jdwool08 life is better for you and me if you don’t respond to this comment. It’s clearly not for you.
@naturelover229223 күн бұрын
Please don’t sell to a greedy investor. Sell to someone who is looking for a home to live in, raise their family.
@SJ-sb8ff23 күн бұрын
Where do you live in Plano? My family and I might be interested!
@daniella840022 күн бұрын
Don’t sell to investor, ask to meet new owners before sale.
@8269wd3 күн бұрын
Homes are pretty cheap but taxes is expensive.
@user-ob4em4ge6c18 күн бұрын
Home values in Dallas are declining rapidly.
@jameskocks473424 күн бұрын
Getting??
@Jzak2524 күн бұрын
When you AVG the household income, PLEASE exclude the 5% on both ends of the spectrum. When you throw an Elon Musk guy (or two) in the equation, the numbers are meaningless.
@DavidRamirez-fi2ev23 күн бұрын
Come to Houston im a realtor!
@alejandrohernandez734024 күн бұрын
The fact that home are already harder to buy and blackrock hasn’t even started its stock exchange in Dallas is already bad enough!!
@lordjael22 күн бұрын
...and somehow, Americans think this will change dependent upon who is in the Oval Office. Smh. 🤡
@Sunset4Semaphores23 күн бұрын
*This is news?!*
@Xx-po1fu23 күн бұрын
Blame Gov. Abbott
@tx_713412 күн бұрын
Nothing to do with him, has everything to do with a dead middle class
@tobiaskozlov515123 күн бұрын
oh no 5 whole bids?! how will he recover?
@HausofLuciana19 күн бұрын
Insane
@lalalalalalalala426423 күн бұрын
Doom and gloom talking about RE crash for years, so why does it matter if investors buy up homes?
@mariusfacktor359722 күн бұрын
2:05 Her nonprofit is giving assistance to homeowners whose home as appreciated greatly in recent years. Those homeowners got very wealthy through just sitting and doing nothing. Those homeowners are among richest people in Dallas. They don't need assistance. If you bought your home for $150k and now it's worth $600k, then you got rich from doing almost nothing. Congrats, but no, you don't need assistance. Poor people need assistance. People who rent need assistance. Wealthy homeowners do not need it. They can sell and downsize any time they'd like (which would free up some housing for those looking to buy).
@SDALLE9922 күн бұрын
The point is these homeowners *are* poor. House appreciation isn’t always a good thing. A lot of these homeowners are disabled and retirees who bought a small home not to get rich, but just to have a place to spend the rest of their lives. When the market value increases, tax increases, so significantly that it forces these people to lose their home. Imagine working hard your entire life, saving every penny to afford a small house to retire in, only to be robbed of all your effort through no fault of your own. A lot of these people are old, ill, and disabled, they can’t just sell their house, pack up and move. Where are they gonna go? How are they gonna afford a new mortgage? Especially in this economy where a full time job is not enough to survive. If their house goes up to 600k, then inflation have ate 599k. And what about those renters? They have had forever to get a house but they dilly dally and failed, and now they get crushed under corporate greed. That’s not the homeowner’s fault and the homeowner does not owes them anything.
@scotts976024 күн бұрын
You will own nothing and be happy.
@Dblup23 күн бұрын
You will own nothing and won’t be happy.
@renewashington79123 күн бұрын
From what I hear, WHO wants to live in Texas anyway? 🤷🏽♀️
@Susan000000718 күн бұрын
OMG! How are Texans not blaming Californians! Come on guys - THINK! You can come up with some way to blame 'em.
@starventure15 күн бұрын
Californians are buying houses in Texas cash in hand.
@SIGNALFREQ22 күн бұрын
Hmm 🤔 Marshall and his partner 🌈
@Rashaadthegr823 күн бұрын
Companies shouldn't be able to buy houses. That's insane. Stick to private prisions thats guranteed business that most people don't care about.
@mariusfacktor359722 күн бұрын
lol nooo please not any more private prisons. You're heart is in the right place, but there was a study done on a city which banned investors from buying homes, and it didn't lessen prices. Home prices are determined by supply and demand. Dallas, like many cities in the US, bans low-cost housing with Exclusionary Zoning which are arbitrary rules that straight up ban apartments and condos and duplexes because then poor people would be able to afford to live in the neighborhood. As a result of these zoning restrictions for the last 50 years, there now isn't enough housing for everyone, so the price for housing keeps going up. Unfortunately this also causes suburban sprawl which is bad for the environment. It's time to repeal the classist (and racist) zoning laws which bans low-cost housing. Austin did it and rents went down.
@Rashaadthegr822 күн бұрын
@@mariusfacktor3597 Idk if it will lower price but it will increase availability. I was just joking bout the prisons.
@jsundberg554224 күн бұрын
why don't we get biden to buy houses for everyone!!