Wall Street is Coming For Your Home…

Рет қаралды 234,308

Cash Jordan

Күн бұрын

Пікірлер

@davidfishguy 10 ай бұрын

"You will own nothing and be happy" the world economic forum weren't kidding were they?

@Winterascent 10 ай бұрын

All the WEF is, is a mouth piece for the large banks and corporations.

@JF098 10 ай бұрын

"You're poor because you're not hustling hard enough," says the passive income rich executives in their giant homes while their employees are still at work

@LEK-we2hh 10 ай бұрын

But they will own everything. Do not sell.

@AMPProf 10 ай бұрын

@chadhindsley5431 10 ай бұрын

And yet the left says that's a conspiracy theory

@ayela562 10 ай бұрын

This isn’t just happening in America. It’s happening in Canada, Australia, New Zealand… take a look. We are being pushed out of the ownership class with rentals, subscriptions and debt. Our kids will have nothing if we don’t educate ourselves on these issues, hold onto ownership, and demand change.

@heromiIes 10 ай бұрын

Is there a market for homes on water?

@michelestellar7725 10 ай бұрын

Best to educate YOUR KIDS because schools are nothing but propaganda mills.

@enigmadrath1780 10 ай бұрын

Add the Netherlands to that list.

@weird-guy 10 ай бұрын

Is a problem all over north america,europe,oceania and some asian countries.

@100pyatt 10 ай бұрын

Results of LEFTISM/PROGRESSIVE COMMUNISM

@rootdoc1997 10 ай бұрын

We have a house on an acre of land in a gated community north of Orlando. Value has increased about 40% in 6 years. Get calls all the time for cash offers. Will never sell to corporate ever and will stay in this place forever. People should not sell to these evil corporations

@mjlh7079 10 ай бұрын

They're fricking sneaky. My grandpa died, my grandma put the farm up for sale. The buyer who came to look at it brought his family & acted like he was going to live there, so she & her realtor went through with the sale. The day he took possession, big bulldozers came in and leveled everything. Turns out he was an employee of a big agriculture corporation & acted as a front man to acquire the property. The last time I looked up the old farmstead land on google maps, it was covered with cotton plants.

@susiefairfield7218 10 ай бұрын

Living in Port Charlotte and since Hurricane Ian... the real estate buzzards have been circling and there's a mailbox full of cards by buyers trying to get houses... meanwhile no assistance from insurance companies and banks to make repairs, you're on your own

@jamessmith1577 10 ай бұрын

@@susiefairfield7218 Do you actually expect the bank who lent you money to buy your home to repair it when a storm hits it? What planet do you live on? Do you expect them to send a cleaning service when it needs cleaned, too?

@devonwilliams2423 10 ай бұрын

Hello I am a small family that has saved my entire life to buy your home and my wife and kids would love to buy it ❤️ Sincerely, subsidiary of a subsidiary owned by a 100b company but don’t worry you’ll never know that! Love!

@darleneaitken1620 10 ай бұрын

@@susiefairfield7218They will get it sooner or later.

@odirex 10 ай бұрын

it should be illegal for foreign entities to own land in the USA. I know that's not the point of this video, but it's a related problem.

@allsouls5997 10 ай бұрын

“If the American people ever allow private banks ( federal reserve) to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson

@Cybersawz 9 ай бұрын

I have thought this for decades. Try buying property in China, or the Philippines. Guess what? As a foreigner, you can't!

@mawi1172 9 ай бұрын

It is the whole problem. Anyone can throw up some shingles here 😢

@jardelnunes6363 9 ай бұрын

your intention might be good, but the results aren't

@HULKBIGHEAD 9 ай бұрын

👍🏽

@10-OSwords 10 ай бұрын

Also sounds like sellers need to take some responsibility & make sure they're selling to PEOPLE NOT CORPORATIONS.

@Incab 10 ай бұрын

Marked mine down 3 years ago to sell as fast as possible before squatters and homeless discovered it was empty. I didn't allow a for sale sign on it either. Corp or person, don't care. If you get squatters it's worth $0 and there's no way to remove them.

@gertrudewest4535 10 ай бұрын

You don’t know who you are selling to.

@Incab 10 ай бұрын

@@gertrudewest4535 Yeah I do. To whomever has cash. Wall Street isn't the reason for a housing shortage. 40-ish million illegal aliens, restrictive building processes and nimby neighborhoods are.

@perrywinkle5000 10 ай бұрын

You don't get to dicate who someone can sell their own home to.

@10-OSwords 10 ай бұрын

@@perrywinkle5000 That's why it's called PERSONAL RESPONSIBILITY. Something you clearly haven't heard of.

@thareneeford6926 10 ай бұрын

It's not just homes. It's farmland too.

@Denise_2262 10 ай бұрын

Yes. Absolutely. When I was young there was nothing but cotton fields around us and everyone had huge gardens. There were all sorts of farms around us and now, apartments, townhouses, row houses and some sub divisions. There are still a few corn fields and some cotton but I see them being sold all the time.

@christaverduren690 10 ай бұрын

go to google earth, anywhere in the US "rural" areas and see how many solar farms and wind farms are now on the land that was growing food. In NY State alone most of the farmland is either those green energy farms or mega houses (or condos for older generations) but not affordable single family homes. Western NY has been rolling over the food farms to green energy, and now they supply a massive amount of electricity to NYC and not to the local area!

@vulpo 10 ай бұрын

Including vacant timber land. But it's not just corporations buying it. It's also the Federal Government and the State's, too. It's almost as if the Powers-That-Be did not want individuals to own real estate any more.

@thareneeford6926 10 ай бұрын

@Denise_2262 Also, how do you control a society? By controlling the food.

@deborahhebblethwaite1865 10 ай бұрын

Bill Gates owns 75% of your farmland🇨🇦

@elios7623 10 ай бұрын

"it's called the american dream, 'cause you have to be asleep to believe it" George Carlin, about 19 years ago

@nmccw3245 10 ай бұрын

I thought he was a comedian. He was actually a prophet.

@2528drevas 10 ай бұрын

Yet all 4 of my children who are in the age range of 35-45 own their own homes. It is still there if you put in the work.

@CrankyGrandma 10 ай бұрын

Carlin. Autocorrect?

@elios7623 10 ай бұрын

@@CrankyGrandma oh yeah, maybe idk, thanks tho

@chadhindsley5431 10 ай бұрын

@@2528drevaslet's find out if their children will be able to in the future...

@billscarnage 10 ай бұрын

"You will own nothing and be happy about it." - Sincerely, Klaus

@vickieclark5931 10 ай бұрын

Yep. And anyone that is awake can see that happening right in front of them.

@oligram7673 10 ай бұрын

Quoted by a guy who owns seven houses and eleven cars.

@devonforsure260 10 ай бұрын

@@oligram7673 and possibly a few homes on yatchts.

@CAdufraine 10 ай бұрын

I remeber warning my friends about Blackrock and Vanguard at the start of 2020, so many people are CLUELESS to what is going on its insane!

@GustavoNinhio 10 ай бұрын

nevermind whoever told you to repeat that phrase tho. they prolly busy buying more homes while you parrot their talking points.

@xternalpunk 10 ай бұрын

When we sold our house we had an all cash offer from a company and we didn't take that offer so a family could buy it and live in it.

@mrmack3176 10 ай бұрын

Bless you honestly you don't know how rare it is to find good people

@gertrudewest4535 10 ай бұрын

So you think. That may have been a buyer. They are not up front about who they are.

@bpetvshow 10 ай бұрын

👏🏾👏🏾👏🏾👏🏾

@aWomanFreed 10 ай бұрын

I tried to do that but got duped by a corp who made the offer in a personal name then forced a change of buyer on me right before closing.

@celieboo 10 ай бұрын

We did the same--declined the cash buyer and opted for a single mom with 2 kids.

@mattm1686 10 ай бұрын

Our government is so out of touch with finances they think that someone who is disabled like myself can live on a check of $980 a month!

@benmcreynolds8581 9 ай бұрын

I know my dad had a stroke at 52 & I had to move home to be with them and he only gets about that each month! It's beyond frustrating. Especially when I actually believe we are capable of great things but none of those people are getting the chance to get the opportunity to do anything and only these people who don't care that we are all suffering are getting those opportunities 👍🏻

@TheDumplingGecko 9 ай бұрын

Even making a full paying job isnt enought either. You can’t sustain yourself with a job or government funding it’s bs.

@oregon32nursenurse43 9 ай бұрын

@matt- NYC GIVES $10,000 every 28 days to the illegals

@carycunningham9510 10 ай бұрын

This is what class warfare looks like.

@beddythecorgi4269 10 ай бұрын

*this is what it looks like after class warfare was won by the rich The really sick thing is it was our taxpayer bailout that allowed them to buy out the housing stock and pay themselves huge bonuses. Even after the crash, we held no one accountable and passed virtually no legislation to prevent it from happening again.

@AMPProf 10 ай бұрын

or we can just say bogity boo and play more halo

@AMPProf 10 ай бұрын

Mud pie with dustbunny crust is yuumm

@giangle9234 10 ай бұрын

“There's class warfare, all right,” Mr. Buffett said, “but it's my class, the rich class, that's making war, and we're winning.”

@walterwhite1 10 ай бұрын

We need to all revolt

@jennifersmall4027 10 ай бұрын

BlackRock needs to be broken up. They have too much monopolistic power.

@elios7623 10 ай бұрын

true

@theforcedmeme 10 ай бұрын

agreed but in reality its not going to happen. at least not with out "mob" action. show me a democracy that willingly breaks up mega-corps

@michaelboyce4729 10 ай бұрын

Yep but if anyone really tried they would be offed so quick😅

@eustacemcgoodboy9702 10 ай бұрын

That's very anti-semitic of you and I've reported you to the ADL accordingly.

@potrelviewer9536 10 ай бұрын

@michaelboyce4729, not if we force them to pay the entire world debt in one swoop.

@RA-yq5ch 10 ай бұрын

It's crazy how the US went from being the land of dreams to a distopic landscape

@imafreakinninja12 10 ай бұрын

The "American Dream" was just open-boarders propaganda.

@cdistasio 10 ай бұрын

Not as crazy as you may think when you realize most people generally are scared of their own shadows and wouldn't lift a damn finger to preserve, protect and defend the true liberty and freedom that was fought for during the revolutionary war. That is why we're in this position in the first place. Most people just let the power structure walk all over them because they're too scared to do anything to fix it.

@dennisp8520 10 ай бұрын

It’s still the land of dreams we’re just living in a nightmare

@Trillzzy3 10 ай бұрын

Yall dramatic lol

@devonforsure260 10 ай бұрын

@@Trillzzy3a tad bit yes, but the direction for the majority of us seems worrisome.

@andrewplatt7076 10 ай бұрын

Most times when people say "government needs to fix this", they don't realize that government is the reason the problem exists already, and should probably just get out of the way...

@allsouls5997 10 ай бұрын

@LHallinan71 10 ай бұрын

RFK Jr is the only candidate openly talking about this and has a plan to help. Home ownership = communities people care about. This is such an important issue, thank you for covering!

@leongraham1009 10 ай бұрын

You do better reporting than the news!! Excellent work sir

@preshisify1 10 ай бұрын

💯

@bjed21 10 ай бұрын

We need to stop arguing over social issues constantly and come together to tackle Wallstreet. Repeal citizens united.

@jer1776 10 ай бұрын

Yes, unfortunately both the left and right get too caught up in the culture war

@chadhindsley5431 10 ай бұрын

We tried once. Occupy Wall street movement. Then the powers decided to unleash identity politics to get us fighting with each other and it worked

@jashanestone 10 ай бұрын

@@chadhindsley5431*THAT PART* ✅️💯💪🏽

@randomrud 10 ай бұрын

@@chadhindsley5431 yup

@ayela562 10 ай бұрын

THIS. Stop being distracted by the identity politics.. it’s just to divide us.

@walterjoppie5422 10 ай бұрын

Saw this coming in 2008 when I told anyone who would listen that America was destined to become one giant rental market.

@CuriousEarthMan 7 ай бұрын

me too. The housing crash created a tremendous wealth transfer from working people to large financial institutions. Those institutions used the money from taxpayer bailouts to fund the buying out of their homes after the greedy banks/lenders ginned up a tremendous bubble.

@lilly3486 10 ай бұрын

A Wall Street neighborhood was built behind my house, there’s about 45 homes and 60 condos and only 3 of them have sold since they went up for sale over a year ago. The homes are priced at 1.8 million, and the condos are priced at 1.2 million. You could buy a standalone house for 600,000 in this area, it’s no wonder that they haven’t sold yet

@buffysback2800 10 ай бұрын

I unfortunately rent a home from a corporation and am forced to pay for “amenities “ that I don’t want or use. My dream of owning a home and retiring are gone.

@allsouls5997 10 ай бұрын

@h2oquality2010 8 ай бұрын

@@allsouls5997Absolutely! This is the number 1 problem to all of this. Get rid of Central banks, fed. Have our treasury create our currency as it should without usury.

@Mom2my4blessings 10 ай бұрын

We bought our house about a year and a half ago. We looked for probably almost 2 years. We couldn’t afford anything to fit our family of 6. My husband is a teacher and I am a homeschool mom. We found a fixer upper house that was built in the 1970’s. I plan on staying put and never moving again. We live in SC where it’s definitely cheaper than other states. I have sons who are 16 and 18 and they talk about not knowing when they will be able to move out because of the price of everything. The middle class has been dwindling for years. Great video Cash! I look forward to your videos no matter what the topic is. It’s part of agenda 2030. The elites are trying to change the world and regular citizens from owning anything.

@blondbum 10 ай бұрын

I've got older teens who are in the same boat, they have no hope for owning a home let alone renting any time soon. Apartments cost more then homes in our area, and anything cheap has an insane monthly HOA fee.

@Comm0ut 10 ай бұрын

SC has plenty of property for those choosing wisely. That's one reason I like it here. Rural lots are still easy to find outside cities.

@darleneaitken1620 10 ай бұрын

It's good you know what's happening, and better your young sons are wise to it too.

@Here4TheHeckOfIt 10 ай бұрын

@@froufroufeatherstone6291 😂😂😂 indeed - the public education system has been mercilessly butchered for decades.

@alrent2992 10 ай бұрын

Have to move to a Latin country.

@nunyabidness3075 10 ай бұрын

Feudalism was not the rich owning the land. It was the powerful owning the land. They used their power and control to get wealth when they could. The source of their power was the sword and established order. They took the land by force, gave themselves titles, and people went along with it.

@kimberlynnearazi9381 10 ай бұрын

💯

@ChiefGore429 10 ай бұрын

Yeah, and they rose up on them, too. Balance will always find itself.

@Vectures 10 ай бұрын

and order and sometimes honor codes but they were at least better then our current government cause taking care of your settlers was actually valuable and important since it created loyalty

@Stanley-px3bt 10 ай бұрын

Now the cycle repeats.......

@RushOrbit 10 ай бұрын

Money is power, so in modern times the ultrarich are the powerful.

@TenguTalks 10 ай бұрын

I got lucky with my house. A property management corp made an above market offer in cash to the previous owner, but he rejected it because he didnt want that happening to his community. But the fact the first offer was something like 15K over asking is something not everyone can afford to reject.

@RickyMooney360 10 ай бұрын

Town of 10k people over here. On average recent home sales over here are now closing 10k over asking price. All of them. All these houses are pending sales within a week. It’s been going on for weeks now. It’s crazy to watch what’s going on over here.

@thanosianthemadtitanic 10 ай бұрын

@RickyMooney360 same here in NC. There small towns now with populations of only few thousand peopel where the median listing price is 6x - 7x the median income in the area. And these are super country places in the middle of nowhere. if you dont make 6 figures you cant even consider looking for a house INSANE.

@iamhis5580 10 ай бұрын

Same here in NJ

@TenguTalks 10 ай бұрын

I live in Baltimore City, and seeing houses locally go for 30-40K over asking is scary. Esp for Baltimore. Houses here used to be 85-100K, and since 2018 have been spiking as student housing becomes more and more of a thing. Baltimore is gentrifying and it's falling under the radar hardcore. Much of it FROM management companies.

@jamessmith1577 10 ай бұрын

@@TenguTalks So what is the problem?

@paranoidhumanoid 10 ай бұрын

Some of NYC's biggest landowners/landlords like Trinity Church are religious and charitable organizations that receive full or partial property tax exemptions.

@jamessmith1577 10 ай бұрын

Is that bad? Do you think that churches should have to pay taxes?

@AbsentMinded619 9 ай бұрын

How is a church in any way either a big landlord or a top landowner…make some sense

@vulpo 10 ай бұрын

It isn't just corporations buying up the land, it's the Federal government and State governments, too.

@imafreakinninja12 10 ай бұрын

"I don't want a nation of thinkers. I want a nation of workers,"

@motofunk1 10 ай бұрын

The don't want workers.... They plan to eliminate as much human work as possible.

@AMPProf 10 ай бұрын

Fk that Dragon ball Z is in streaming

@AMPProf 10 ай бұрын

@@frankfurtur5531 moo

@reesedaniel5835 10 ай бұрын

David Rockefeller quote 👍

@allsouls5997 10 ай бұрын

@reneehouser2925 10 ай бұрын

STEP #1- DON'T SELL your house to a corporation. Starts with the sellers, who aren't obligated to sell to anyone. Majority of these properties are foreclosures getting scooped up.

@LanaMyslyvetsPlanners 10 ай бұрын

Then what? You live in a house, surrounded by businesses? No one will ever want to buy it from your estate later on, if that’s what you’re thinking? 🤣

@jer1776 10 ай бұрын

You'll never get everyone or even a majority to listen. Unfortunately we need laws because of that.

@XBluDiamondX 10 ай бұрын

@@LanaMyslyvetsPlanners That's a stupid take.

@maddscientist3170 10 ай бұрын

doesn't make a difference ...you bank owns the home ...once paid up your town owns the home via taxes & somebody owns the town

@miralomagal 10 ай бұрын

I have told my spouse that we ever sold, it will be to a family/couple/individual that will be an asset to the neighborhood. No foreign or corporation investors with no soul. My spouse agrees. Sellers need to be awake and make the right choices.

@talea9593 10 ай бұрын

How dare I be a child when I should've been out there buying a house.

@eagle25311 10 ай бұрын

I bought one in 2018 for 154k now it's worth 300k. I could not afford to buy it today. People younger than me are getting screwed.

@ErasureWorld 6 ай бұрын

You didn’t buy a house when you were 6 years old?! What a disgrace.

@Variety1985 10 ай бұрын

In NORTH DAKOTA ... a CORPORATION is NOT allowed to own a FARM or even a PHARMACY. Sounds like we need the same RULE for HOMES and APARTMENTS nationwide ... limiting ownership to a single person and limited ownership of multiple properties 🤔

@TheDumplingGecko 9 ай бұрын

Man we need that. This is what i hate abt our government. One state could do something really well that could propell us as a country but it’s overshadowed but stupid poltical issues that shouldn’t even make the stage.

@Variety1985 9 ай бұрын

@@TheDumplingGecko For sure ... we do need more AFFORDABLE HOUSING for many 👍

@2Hearts3 10 ай бұрын

It's not just 'Wall St.' it's also big real estate brokers, local slumlords. In my hometown, MOST of the rental houses are owned by just a few big local real estate companies. And they're renting to west coast newcomers who consider the inflated rental rates to be reasonable compared to what they came from. Result- i had to leave the state to find something i could afford. And it's very rundown, beyond what i can afford to fix.

@msadventure49 10 ай бұрын

Cash, I really enjoying what you’re doing with these new “issue” videos! Some KZbinrs have trouble expanding and/or changing their channels. But, what you’re doing now is spot on. Love it!

@sleepnomore6065 10 ай бұрын

It's depressing tho and a bit hyperbolic

@SomeUserNameBlahBlah 10 ай бұрын

Single family homes should be owned by citizens only. Citizens can own one single family home.

@dddd-is9dh 10 ай бұрын

Those restrictions will only cause more shady schemes.

@anthonyforfare7223 10 ай бұрын

I own 2 and worked my butt off for them !! So come up with another idea because that’s no good 🤔😠✌🏻

@cryptarisprotocol1872 10 ай бұрын

Single Family Homes IS reason why housing is so expensive and homes aren’t affordable.

@anthonyforfare7223 10 ай бұрын

@@cryptarisprotocol1872 it’s way more complicated than that . Going of the gold standard, higher wages , banking industry, government spending and printing money with impunity,etc….

@XBluDiamondX 10 ай бұрын

@@anthonyforfare7223 But you're a citizen, not a corporation.

@traceyfreeman5784 10 ай бұрын

I learned a lot, it’s kind of scary for young people trying to have the American dreams. I’m old so my husband and I started buying our first house almost 40+ years ago. My husband bought a new house just months before he passed. So we have a house for both of surviving kids. Otherwise they may not have been able to achieve this. So glad we could do this for them.

@Kknah91 10 ай бұрын

If I may ask, how old were you when your husband when you bought your first home? I’m almost 33 and it feels like I’m running out of time to start (what I would consider) living a real life..

@traceyfreeman5784 10 ай бұрын

@@Kknah91 Early 30’s but my husband was in the Navy, so we had the Cal- Vet and later the VA so we didn’t have to come up with the high down payment. And as we paid off our house we could use the VA again. I think it will work out for you. Check it out because there are many programs for first time buyer. Some cities have a grant system out there to help with down payments.

@allsouls5997 10 ай бұрын

@scottlincoln9900 10 ай бұрын

homes should not be allowed to be owned by a corporation.

@Bwmblairdoc 10 ай бұрын

Something similar happened in NYC , Miami and LA in 2008 and beyond. At that time Russian Oligarchs and Chinese billionaires began buying properties like crazy. The prices skyrocketed beyond reason and still have not come down.

@nia4863 10 ай бұрын

Cash, I sooo look forward to your videos. Thanks for all the good information!

@Chocolate-wb1bu 10 ай бұрын

A solution would be a law that allows corporate entities to only build new homes, but not buy existing ones. That way if companies want to own homes for speculation or rent then they have to go and build them, which not only directs investments to be used to expand the housing market rather than eating it up, but also protects families so they would not have to compete with companies to buy existing homes which should in time normalize prices. Also, in order to prevent companies from using a loophole where they buy housing through third parties, it would be a good idea to limit private individuals to owning a maximum of two or three homes too, no one needs more than that. If a critical ressource is limited, then laws must reflect that.

@canerkayahex 10 ай бұрын

brilliant idea just need lobbying similar mission senators and reps. but no we don't have voice in capital hill.

@AMPProf 10 ай бұрын

@amzarnacht6710 10 ай бұрын

If they can build a home that will solve nothing. They'll buy empty lots and unused land in economically weak areas, put up stupidly expensive homes, increasing the local tax burden on the existing residents until they're forced to sell. Those old, small, affordable houses will get bulldozed and more money will move in. I saw this happen when they built Turner Field in Atlanta 30 years ago, I see it happening in Atlanta NOW. Big money simply gentrifies an area until they can snap up what's left on the cheap and rent to the people they displaced.

@unitedbolts8053 10 ай бұрын

Good idea!

@amzarnacht6710 10 ай бұрын

If they can only build new homes they'll just snap up every vacant slice of land and crank the values on them out of sanity. Then build stupidly expensive buildings on those properties to increase the tax value on existing homes which will force the locals out due to their inability to cover taxes that went from $200/yr to $15000/yr (Turner Stadium acquisition phase, early 1990s). Then they have shell companies scoop up those houses, put them for rent, or raze them and build yet more stupidly expensive buildings...

@Moncriefs 10 ай бұрын

I just realized that you haven't posted an apartment showing in about a month..... The new content is so good that I forgot you were originally into real estate🤣🤣. Keep up the good work man

@Yobama007 10 ай бұрын

Cuz no one can afford to rent at these crazy prices.

@Moncriefs 10 ай бұрын

@@Yobama007 facts🤣🤣🤣

@aaronhutchins1545 10 ай бұрын

It's not just Wall Street. For the past five years I've been repeatedly hit with offers to buy my house, "unseen and as is", from what are obviously institutional buyers, including a real estate operation that is owned by one of the female personalities on The Shark Tank TV show (I know this because the local TV news did a big expose on this TV personality getting into the local real estate market). But two years ago I discovered that the majority of the homes being sold in the county I live in (in Idaho, not in the Boise metro are, in a rural area) are being sold to local government officials! In fact, in my neighborhood most of the homes that have been sold and turned into rentals (in the past 15 years) are owned by local government (city, county & state) officials! They are the same government officials who have constantly claimed that our local economy is booming (which it is not) and more new housing construction is needed, and they approve more housing starts every year, and they also annex more land for those housing projects every year!

@thanosianthemadtitanic 10 ай бұрын

Its already bad here in NC. There are small country farm towns with populations of only few thousand people and the median home listing price is now 5x - 7x the median income in the area. Located in the middle of nowhere mind you. If you dont make 6 figures you cant even CONSIDER looking for a house INSANE. i see the writing on the wall im telling all my friends to buy as soon as they can.

@lateishafowler2002 9 ай бұрын

Same here, small tow NC

@lateishafowler2002 9 ай бұрын

Prices are insane, but no jobs

@npinero1 10 ай бұрын

Thanks for this video. This situation is BS. I want to buy and I can't. This needs to stop.

@sweetsweet4390 10 ай бұрын

Surely *talking* about it will convince people with 0 moral compass to do the right thing.

@kennethng8346 10 ай бұрын

While I have little sympathy for megacorps like Blackstone, the housing problem has multiple sources. Amoung them: - House flippers who take starter homes and turn them into mansions. - Builders would rather build 10 macMansions than 100 starter homes. - government regulators making it harder and harder to build new homes (ie: California)

@ninjagirl226 10 ай бұрын

Someone online recently told me that zoning has made it near impossible to build starter homes. People fear it will bring down the value of their home so they won’t allow it. Not sure if it’s true but it makes sense to me. I’ve seen people beg a local government for an animal shelter but then go not near my home on every proposal put forth. Or they got super mad when someone purchase the former YMCA and rumors spread of turning it into apartments because my house is near that it’ll crater its value. There’s no winning with these people.

@nikkids4266 10 ай бұрын

@@ninjagirl226 what you’re talking about are the NIMBY’s (not in my back yard’ers). It’s basically the hand tying of zoning laws, to keep what these people (usually those with larger pocket books) feel as “undesirable” dwellings that’ll bring down their values 🙄. Cuz I mean, how can starter homes with people who are on the lower end of the economic scale, be good for “my” neighborhood. I mean, we all know that poor/average people can’t possibly keep up their homes, duh 🙄 and don’t even get me started with the riffraff in apartment. (Sarcasm).

@cryptarisprotocol1872 10 ай бұрын

⁠@@ninjagirl226 Alright search up a video called ‘Why Tokyo has a ton of affordable housing but America doesn’t’, just so you know Tokyo is a city of 14.1 million residents and the most populated city in Japan and its metropolitan area has 42 million residents. NYC is America’s most populated city at 8.8 million residents and its metropolitan area has 20 million residents. The avg rent per month for a Tokyo city centre 1 bd apartment is $972.70 a month, in NYC it is $4,062.21 a month. For the outside the city centre equivalent it is $572.35 a month in Tokyo and in NYC it is $2,686.44 a month. For a 3 bedrooms apartment in the city centre of Tokyo the avg rent is $2,637.97 a month and for NYC it is $8,134.32 monthly for the same. Outside city centre equivalent in Tokyo is $1,100.55 monthly and in NYC it is $4,316.30 monthly for a 3 bedroom apartment. Japan has a surplus of 900,000+ units for housing and it achieved this not through rent controls, but ridding itself of American zoning practices that when it had America’s zoning laws post-WWII Tokyo experienced the same catastrophic rise in housing prices until it removed them for more sensible and common sense zoning laws to the point major metropolitan centres have a massive surplus of supply. The culprit of America’s asinine rents is single use home zoning laws that only lets property developers to build white picket fence McMansions alone. You can blame the investors, property developers or land losses all you want on this issue. But fact is the problem stems from keeping archaic zoning laws that pretends as if this nation has a population of 50 million all of whom are farmers toiling 400 acres of farmland. Edit: Oh yeah, the ones you should blame are NIMBYs as they are the ones who vote to retain these archaic zoning laws at the local level. Only way America fixes this is if the Federal government passes a law overriding the states and localities so essentially property developers start mass building 6 floor residential apartment buildings or mixed use with multiple units for rent like you see in Amsterdam, Paris or Geneva and Tokyo.

@DAWN001 10 ай бұрын

I believe the root cause is inflation (rapidly growing supply of soft fiat currencies) and people using houses as a form of hard money to protect their purchasing power. For any form of money to stay hard, it’s important to keep the supply stable. The dilemma is that people want to increase the supply of houses in general, as a consumption good which serves the basic human need for shelter, but they don’t want to increase the supply of houses in their own communities as that makes their own houses into soft money which loses value as supplies go up.

@cryptarisprotocol1872 10 ай бұрын

@@ninjagirl226 Alright search up a video called ‘Why Tokyo has a ton of affordable housing but America doesn’t’, the cause of America’s issues are the NIMBYs and America’s archaic zoning laws. Not the property developers, or landlords or wall street institutional investors. People seem to have fallen for some NIMBY type propaganda or something because everyone blames the solution to the issue which are the institutional wall street investors and property developers and not the ones causing the issue with their voting in their localities which is the NIMBYs. Paris, Tokyo, Geneva or Amsterdam don’t have asinine NIMBYs c*ckblocking property and infrastructure development.

@azplanner4546 10 ай бұрын

Love your new focus for your channel!!! I've been watching your channel for a few years now and enjoyed your trips to Japan and seeing apartments, etc . but this is a welcome change. You have a real knack for reporting on current events and covering all the angles. I'm recommending your channel to everyone.

@adeina777 10 ай бұрын

All I know is that they still call me asking to buy my home. I always say no.

@KarmamixedwithKindness 6 ай бұрын

we were blasted by flyers and people walking around taking pic's of our home and putting it on a post card sending it to us saying.... you own this home!!! we want to buy it!!!! Hell no!!!! I got this house in 2010 3.25 interest rate. I will never sell this house... it will go to my kids and ensure they have a roof over their heads after I'm gone.

@seattlebeard 10 ай бұрын

Another group of investors trying to buy up US homes are Chinese foreign nationals. I get cold calls from them regularly trying to buy my house, which is certainly not for sale.

@AdreadToSociety 10 ай бұрын

🗣️It’s the GREAT Reset folks🥱🥱Buckle up😂😂😂😂

@jimbogame6375 10 ай бұрын

We still got a couple more years till that but it’s starting

@claireburkus8497 10 ай бұрын

I am in Tulsa,ok. I am a Grandma and own my home…it is in a moderate starter home neighborhood and I constantly get letters from corporate buyers and we have quite a few rentals in the neighborhood..prices have gone up $100,000 in 10 years…ok for me cause I know we will have a huge crash and finally dump the Fed for a gold backed financial system….BRICS will make that happen… hanging on barely with inflation but my adult kids may need a place to land if SHTF takes all their assets….evil system needs to go!!!

@kevinkay9255 10 ай бұрын

I mean I don’t think we will end up going back to a gold backed financial system but we will find a new economic equivalent. Probably it’ll be backed by energy resources instead. Liquid gas, oil, etc. it would also save Britain from their coming crash.

@uninsurable9028 10 ай бұрын

I’m with you. I don’t really want the responsibility of owning a house anymore but I feel like I need to hold onto it for security. The rents in my area are 2-3X my house payment and renting gives you zero control over your housing costs. Plus they tell you how many people are allowed to live in the rental. No control.

@Phoenix88203 10 ай бұрын

As a homebuilder for over 20 years, we should be building more homes.

@Kassiant 10 ай бұрын

Have you seen the price of empty land lots nowadays? Building is one thing but having to demo, especially in an established neighborhood, is not an easy task most first time buyers are ready for.

@Phoenix88203 10 ай бұрын

@@Kassiant Depends where you are. Lots in Ohio are still $50-60k (or less). I’d suggest moving to where you can afford rather than complaining you can’t afford. Plenty of decent homes in the Akron area for under $100k.

@UnknownUser-fe5zu 10 ай бұрын

Need to stop building 2 story 5 bedroom homes…what happened to the single story 3 bedroom? Every new development I see is home that easily cost $500k+. That’s pathetic.

@AMPProf 10 ай бұрын

@AD-ln2xu 10 ай бұрын

@@Phoenix88203 Is my job in Ohio?

@AlvaBarr 10 ай бұрын

The American Dream, nobody really owns a home in America. Not when you are forced to pay property taxes every year.

@reesedaniel5835 10 ай бұрын

If everyone would refuse they wouldn't be able to do jack squat about it!! 😄

@daviddobarganes9115 10 ай бұрын

This video is not about taxes The problem is not taxes

@BANDIT2DAY 10 ай бұрын

Not sure about the rest of the country but, here in Idaho once you turn 65, you don’t pay property taxes anymore.

@allsouls5997 10 ай бұрын

@chadhaire1711 9 ай бұрын

@@reesedaniel5835 they can take your house in a hurry Goober

@brandontruong9172 10 ай бұрын

It makes me sad that I, as an American born citizen can't afford a modest home for my young son and wife to own as a family and be able to be proud of our hard work instead of throwing our hard earned money away into renting. It's sad.

@allsouls5997 10 ай бұрын

@Hulk365-jr4ec 10 ай бұрын

Time to take the country back.

@AMPProf 10 ай бұрын

Not really.. I'm white not native sooo..yaahh shuuuuu

@benallmark9671 10 ай бұрын

Everybody's too busy starring at their phones to do sqat !

@anthonythomas1165 10 ай бұрын

Everyone’s busy trying to survive…

@Lostouille 10 ай бұрын

@@AMPProf that's your country bro 😂 . There s not enough native to fight back Wall S anyways

@ArtGuy-yo4wl 10 ай бұрын

When? Been hearing that same exhausted platitude for years and nobody does anything.

@MicheleKaufman-k2l 10 ай бұрын

I'm a homeowner, 13 years into my mortgage & my monthly payment is $677 Recently thought of selling but instead decided we're staying put & remodeling instead. Feel bad for our daughter, nieces & nephew's, none can afford to buy a house, they still live at home trying to save enough money for a decent down payment.

@kge420 10 ай бұрын

Good for you as that’s how the long game is played.

@MicheleKaufman-k2l 10 ай бұрын

@@kge420 it just wasn't worth it to move so we're currently creating our backyard Oasis of our dreams! It was my parents former house, keeping it in the family just making it our own

@eagle25311 10 ай бұрын

My monthly payment is 1200 and that sucks but at least I have a house to live in.

@ONYX-365 9 ай бұрын

It's lucky that your daughter, nieces & nephew have that option. In some areas house prices are rising faster than even the more frugal savers can save in that same time.

@bluesmoke8714 10 ай бұрын

there is a problem with their plan, it is not a great distance from being unable to buy your own home, to being unable to afford to rent it, they will get stuck with unrentable properties. endless moneypits.

@mrfattypancakes 10 ай бұрын

If you're telling this to established Americans who speak the language and have every advantage of a citizen... what's the plan for the millions of migrants?

@reesedaniel5835 10 ай бұрын

@@mrfattypancakes The plan is to make tax payers foot their bill until we are all in equal poverty (aka communism).

@maryrudelich9000 10 ай бұрын

Cookie cutter homes were mass produced post WWII. It was affordable, single family homes during a major housing shortage hence the baby boom. Sears & Co. was a prime example of how this worked. Currently, I believe the houses being built in this economy are too big and unaffordable in this market.

@melanieortiz712 10 ай бұрын

i've been saying what has been going on with corporations since I was in high school in the late 90's corporate feudalism.

@allsouls5997 10 ай бұрын

@pugmama27 10 ай бұрын

This kind of thing is a huge problem in my area, where there's a huge demand for rental properties because a large part of the population is transient. It happened when one of my family members was trying to buy a condo last year. Every time they found something in their price range and put in a contract, an investor swooped in and made a cash offer that the seller couldn't refuse. They lost out on three condos this way before finding a place that an investor couldn't buy because the condo association had a limit on the number of properties that could be rental properties and it was maxed out. It was so frustrating.

@denverdubois5835 10 ай бұрын

What area is this, if you don't mind my asking?

@notyouraverageguy2265 10 ай бұрын

This is my opinion. I think big companies owning 55% apartments are fine, as apartments are inherently bad for families, also, big companies can also manage apartment buildings better. Housing on the other hand is a BIG NO even having 2% is already bad. Big Companies should be forbidden to have their bought Houses rented.

@gabetalks9275 10 ай бұрын

Apartments are not inherently bad for families. Multi-family apartments are apartments whose units are large and spacious to accommodate families. They're very popular in Eastern European.

@jer1776 10 ай бұрын

2% total, but 40% of new listing which is a major, major red flag. In the short term this just hurts new buyers, but in a generation itll hurt almost everyone when no one has equity in a home to buy a new one with or wealth to pass to their children so they can buy homes.

@dc2guy2 10 ай бұрын

You can't say "this is my opinion" then make a bold claim that "apartments are inherently bad for families" as if it were an objective truth.

@RandomOldPerson 10 ай бұрын

Agreed. Unfortunately those same companies that own single family homes by the thousands also own the lawmakers. In this Democrats and Republicans are identical.

@RandomOldPerson 10 ай бұрын

@@gabetalks9275Financially speaking in the US they absolutely are. Much more monthly with zero equity as well as having an unpredictable year to year cost increase. Then if you inherit kids from a deceased relative or any other reason occupancy laws prevent you from moving them in, unlike a house where you can turn a den into a makeshift bedroom. Or even just having a surprise baby given how difficult abortions are again. Not to mention the disaster of someone becoming disabled even if it’s only temporary. In a house you can alter what you want but in an apartment you have to move to a much more expensive location. There are far more drawbacks to apartments than houses.

@cakebabyman5090 10 ай бұрын

Excellent production as always, great work. Thanks.

@aswanb 10 ай бұрын

Thanks for sharing - glad this trend becoming more well known- they took our home in 2012

@megaflux7144 10 ай бұрын

you should cover how NYSEG (a gas and electric company in new york state) is owned by a company in spain. meaning they have ZERO issues jacking up rates for no reason other than profit. meanwhile it makes more sense to have ALL utilities be non-profits.

@jellyboy123 10 ай бұрын

homes should be for families not greedy people they should be protected a home is not an asset.

@AMPProf 10 ай бұрын

Or or or orr You can buy tha RV and come back a few

@AMPProf 10 ай бұрын

ohhh we soo dumb

@reesedaniel5835 10 ай бұрын

@@AMPProf A new RV costs double what I paid for my 1500 sq foot home in 2002.

@wyattbaldwin 10 ай бұрын

Simple solution, tiered mortgage rates, the more properties you have mortgages on the higher the mortgage rate. It would force people to invest in developing their current land instead of just buying homes and using leverage to buy more homes

@Bbgm95 10 ай бұрын

Its almost like the politicians are in on it

@juanhaver6584 10 ай бұрын

Pitchforks and torches yet?

@jimbogame6375 10 ай бұрын

Prob 10-15 more years sadly

@BradMcKenzie-go8ox 10 ай бұрын

The wealthy have been building luxury bunkers... pretty sure they think they'll have to hide from the 99% at some point. The plans they made (see Psalm 2) are not for the people, but their own benefit. See also James 5, focusing on verses 1-6. Interestingly, they are kind of wrong about this. As in, God's anger is going to poured out on the unrepentant, and it will be a time of suffering like the world has never seen before, nor will ever see again. Will make the rage of 99% seem pleasant by comparison. (in my opinion) According to Revelation 6, focusing on verses 15-17, it is God Himself these people will be trying to hide from. Won't work though. There will be earthquakes and so forth, no bunker is God-proof. Islands will disappear. (I'm thinking Mark Zuckerburg hasn't read that passage.) Just telling you this, so you understand that the God of the Old Testament was (and IS) a just God. He can't be bought, and He sees it ALL! Love means justice, and if you want to see historical evidence that God really does destroy the unrepentant sinner, watch "Expedition Bible". You'll be amazed. Telling you all this, because you need to KNOW, justice will be served. Not by us, but at some point, the one and only Just God, who is above us all, WILL serve justice to those who have not asked for mercy.

@sweetsweet4390 10 ай бұрын

Only way things will actually change.

@jamessmith1577 10 ай бұрын

This country is way past pitchforks and torches. Pitchforks and torches were necessary about forty years ago. The really big problem is that the sheeple are still asleep.

@kancerb6810 10 ай бұрын

Cash, I really enjoy your journalism about New York City... just don't let the city stress you out. thank you for your work. me and others really do appreciate it

@markpitchford7375 10 ай бұрын

Ban any entity with more than 4 owners from renting out single family homes period. Problem solved.

@tnr2217 10 ай бұрын

Used to be companies owned towns. Owned the houses, the jobs, the stores, everything the town offered. I sold my soul to the company store 😢

@kge420 10 ай бұрын

Workers even got paid in company money that was only honored at the company store.

@sweetsweet4390 10 ай бұрын

Some people tell me regulation is a bad thing. I tell them kids used to work in mines because there was no regulation. It's always funny because the people that tell me that never are in a position that would require them to be regulated, IE they're poor as fuck.

@jamessmith1577 10 ай бұрын

I would rather the company own the town and all of the buildings than the government

@allsouls5997 10 ай бұрын

@hansjerkov7611 10 ай бұрын

"...exact same kitchens, exact same stoves, same floors, zero variation" - sounds like khrushchevkas, guys.

@Kknah91 10 ай бұрын

What is that?

@susanwestern6434 10 ай бұрын

@@Kknah91Soviet apartments.

@Kknah91 10 ай бұрын

@@susanwestern6434 oh, thank you! I live in the Canadian version of those 😅

@htw7867 10 ай бұрын

PS. If large corporations buy up houses, not a lawyer but could this be an anti-trust issue legally? All the major corporations collectively are considered the monopoly?

@worldofdoom995 10 ай бұрын

That would technically be a cartel.which is still legal. Not a monopoly.

@htw7867 10 ай бұрын

@@worldofdoom995ha yes

@sweetsweet4390 10 ай бұрын

It doesn't matter if there's monopoly laws in place if theres no one there to enforce them. Laws are just words on paper. Without action they mean nothing.

@delanorrosey4730 10 ай бұрын

Real Estate & Home Buyers/Home Builders Association is the biggest cartel ever.

@HarveyFoFi 10 ай бұрын

My friend before he left the USA, he told me what this video is covering. In NJ he used to have maintenance contracts with landlords that had 60+ rental properties each.

@Janeair41.... 10 ай бұрын

If you are middle-class, lower middle-class, or poor your possibly of owning the American dream as far as a decent home, especially after the pandemic..., is slim to none.

@reesedaniel5835 10 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." Thomas Jefferson

@DasShaten 10 ай бұрын

My counter is Property taxes, basically you pay rtent on your property every year....

@reesedaniel5835 10 ай бұрын

When I learned about "property tax" in my 20s, I was astonished that people were dumb enough to allow the govt to do that.

@jamessmith1577 10 ай бұрын

@@reesedaniel5835 You didn't find out about property taxes until you were in your twenties??? Schools must be doing a wonderful job. What did they teach you, sex, gender selection, and black history?

@lcg5790 10 ай бұрын

The banks will not lend them the $. This is all tied together.

@patriciafuchs5970 10 ай бұрын

Makes living off the grid far more appealing. Makes coops and communes more feasible.

@davidknightx 10 ай бұрын

Personal financial budget expert here. I recommend most people pay no more then 25% of net pay (not gross) in rent alone. But with food and other essentials climbing, I'd prefer to see less. So for new renters, take rent price in a place you're interested in renting and multiply it by 4. Now compare that to yours average monthly income. If your rent is more than that, you can't afford it. I mean, unless you found a way to get free utilities, food, all medical, all transportation to work costs including upkeep on a vehicle....then sure. Pay 50% on rent alone.

@eagle25311 10 ай бұрын

Well that is the problem, it's getting beyond the point where jobs aren't paying enough and places to live are too expensive. It's ruling out all options for people based on your calculation. So then you're forced to pay more than that percentage or be homeless.

@davidkoenig8592 10 ай бұрын

Down the street from me in Gwinnett County, GA, a developer was in the process of building a new subdivision. They were hoping people would "buy" these homes before they were built. The prices of course for these new homes were way high, so only a few sold. Another larger developer came in, bought everything finished, finished the rest and started "renting". Sad truth is, the rental prices are high in the $3,500-$4,000 range. Mind you, these are what would be considered starter homes. They must be desperate now as they literally have a sign spinner out front trying to attract attention.

@delanorrosey4730 10 ай бұрын

Unless the rich have trillions in their back pocket, they can't buy up all of America. They could barely keep it together with the '08 collapse. $700 billion on $14 trillions of underwater properties and they still want more? Get outta here!

@delanorrosey4730 10 ай бұрын

The rich don't have trillions to buy up America. They couldn't even afford the '08 collapse.

@allsouls5997 10 ай бұрын

@BrandenH-O051 10 ай бұрын

Its one thing to buy a developed piece of land. The amount of open undeveloped land that could be used to grow food is far more important. If we have nothing to eat we definitely wont need a house to die in.

@Lantanana 10 ай бұрын

Instead of selling your paid off home, if you either keep it, or sell it and immediately completely pay for a smaller more affordable home, that means U don't have to pay a mortgage or rent. That is a huge help when retired. Also, one reason the US lacks a variety of price points in housing is due to zoning laws. Many places do not allow super budget housing. To me that is a real injustice.

@victoriakendall5121 10 ай бұрын

The smaller home is no longer affordable. You may sell your paid off home at a higher price than bought but cannot find a more affordable one because the contracts offered are passed up by the ones paying thousand’s more than the original asking price. Thought about doing that 2 years ago in the Birmingham AL area. There were up to 12 contracts put in and they waited a week or so and took the higher bid…up to 20,000 more than asking price.

@jer1776 10 ай бұрын

We still have some bootlickers who downplay this situation too. They should own zero single family homes, period.

@XBluDiamondX 10 ай бұрын

Because they probably own multiple homes and benefit from the situation.

@jer1776 10 ай бұрын

@XBluDiamondX Yep.. Hard to complain when you're a boomer and your house increased in value in one year more than your son or grandson's salary.

@reesedaniel5835 10 ай бұрын

@@jer1776 And so did the property tax and insurance....

@SpinStar1956 10 ай бұрын

SUBSCRIBED!!! Thanks for illuminating this long term pernicious strategy and practice...

@chrislastnam6822 10 ай бұрын

In California the overregulation causes extremely high costs of building apt buildings and those costs are passed on in the form of high rents. The government unions fund politicians campaigns and in exchange public employees get huge salaries and pensions.

@sweetsweet4390 10 ай бұрын

I find it funny when people talk about huge salaries and pensions of regular ass government employees when the 1% are hoarding *trillions* of dollars. Tax the 1% of their fair share (of which they effectively pay zilch) and there will be more than enough money to fix basically all of our problems. This is class warfare between the top and the bottom. Don't get it confused.

@allsouls5997 10 ай бұрын

@argeldelacruz9545 10 ай бұрын

Keep up the great work bro. Love the daily dose. Can’t wait to see your new home in the Hamptons soon!!

@anyonecanart3394 10 ай бұрын

It's a great idea to go out and build homes unfortunately the price of the sticks to build them are just as crazy as the prices of the finished product

@faustinpippin9208 10 ай бұрын

and all the gov fees and taxes are ridiculous i was building a house in Austria and the fees,taxes, hooking up utilities was more expensive then the house itself for example 2h of connecting a pipe by the gov:10k euro like wtf? and the worst thing is that you are forced to do this even tho i could just get my own well for way cheaper

@SP30305ATL 10 ай бұрын

Big Wall Street firms owning a large percentage of housing is most likely a bad thing, but any government solution will probably make things worse.

@mrsboz777 10 ай бұрын

I'm in NKY . I know in Cincy they forced a Corp to sell back their homes in an area of the city. Corps doing this should be taxed outrageously. It's not right what is going on here. A home should be affordable and available for people.

@IAmElDaoud 10 ай бұрын

Thank you Jordan. You are great at this. Good job.

@allthingsnu4673 10 ай бұрын

That map of the southern belt of the U.S. where Wall Street is buying was scary to see. I'm in Texas and own my home outright. It was always easier to buy a home here, but that has changed and that map tells me it will only get worse. These Wall Street landlords are the ones forcing people into homelessness in other states. Texas and other southern states need to stop these companies from buying homes or at least limit how many they can buy.

@RonAaron33 10 ай бұрын

US government needs to stop that immediately.

@sand0760 8 ай бұрын

us " government " is puppet...of bosses " elite "

@eduard348 7 ай бұрын

No way to stop it. Printed money is handed out and now you see where they've ended up.

@Bagels519 10 ай бұрын

I enjoy your reporting giving us answers to news we want to know about. Keep up the great work.

@jkuhn6179 10 ай бұрын

$468K. How does it go for a Monthly Mortgage if you borrow $400K. Say 4% to be nice. About $650 per $100K. Times 4 is $2,600. Plus $1,000 to $3,000/year for Home Insurance Let's do $200/month & $200/month Home Warranty....$3,000K/Month. Anywhere near a Decent City or near a Coast or Lake ....I was paying $1,400/Month for a $200K Rancher Starter in NJ Suburbs of Philly. One of the Cheapest Counties in NJ State. We be at $5,000/Month. No Furniture for Vehicles or Clothes....$10,000/Month....and Still No Food or Refrigerator to Put in???

@jaialser 10 ай бұрын

I just don’t understand how America is allowing this craziness to continue the problem is that all this politicians are in rich people pockets nothing will change until you get money out of politics.

@RandomOldPerson 10 ай бұрын

Simple. Our public education system is so broken and incompetent almost no American understands what’s happening. As a former teacher I assure you it’s not by accident teachers aren’t allowed to teach about things like this. But private schools for the wealthy sure teach about it.

@cheddaman5169 10 ай бұрын

It’s simple the dems and republicans are both paid by rich corporations to either look the other way or vote a certain way

@redwindmill 10 ай бұрын

I think one thing you forgot to mention is that when buying a home on a loan, when you pay down the principle you still have the tangible asset. Homes typically do not decrease in value faster than the pay down. Yada Yada Yada, slow, stable wealth generation

@darthaisei 10 ай бұрын

Sounds like we need some legislation to stop that from happening.

@sand0760 8 ай бұрын

wef.....is evil....is high " elite ," .....

@graceskyephoto 10 ай бұрын

I love how you show a variety of content on your channel! Always appreciated!

@22lilacsky 9 ай бұрын

I'm glad you are now covering crucial topics!

@NoelWeldon1980 10 ай бұрын

Next they'll want us eating bugs...

@peanutsauce411 10 ай бұрын

Or else you’ll starve. Learn to grow your own

@AMPProf 10 ай бұрын

We already do

@carlostosado8965 10 ай бұрын

Have you seen food prices!!!

@jamessmith1577 10 ай бұрын

Eat bugs, own nothing, and you'll be happy!!

@benbaker2965 10 ай бұрын

Cash, congrats on your first news story that had topic that relates to everyone, not just New Yorkers.

@bearcubdaycare 10 ай бұрын

After the 2008 crash, some people became skittish about buying a home, creating a larger rental market, including single family homes. So, some construction became build-to-rent, not just apartment buildings as usual but entire single family home developments. Once this starts, it gains its own momentum. But that doesn't mean that it won't also lose momentum as the driving forces subside. Affordable single family homes are available places like Quincy Illinois, across from a park, with a good economy, like $140,000 for a home with a backyard. New York City is a bit more crowded, only so much space for housing, so prices are high. In my lifetime, I've seen major metropolises becoming ever more expensive, while some perfectly fine small cities stay affordable. But still people flee the latter.

@orangefield3171 10 ай бұрын

There are four of those home rental communities in my city with a fifth one already planned. I can understand the popularity or need because my city is growing like a weed and builders can’t keep up. Also the rent for those homes is less than one would pay for a neighborhood SFH. So they do help out the folks who want to live in a home but don’t have the down payment, credit score or salary to purchase these over inflated $400k and up homes. I would think if you’re only able to rent this is a far better option. Only time and housing market will tell though.

@SouthernTechie 10 ай бұрын

We need to put a stop to this immediately.

@shuidifengliu 10 ай бұрын

USA land area - more than 9.8 million square kilometres. Yet people cannot afford homes. My country - only 720 square kilometres. More than 90 percent of people own their homes. You don’t see homeless people on the streets.