HAD ENOUGH? MARLEY PRICE HAS AN ANSWER: IF NOT ME, THEN WHO?

#silentdepression #forgottenamerican #housingcrisis
Join me for the inaugural episode of the Forgotten American. This series will feature regular Americans who are out there fighting the fight everyday to address the wealth inequality in our system.
This week we talk to Marley Price, a citizen activist who took a stand against illegal short-term rentals in St. Petersburg, FL. I think her story will inspire you.
The original news story on Marley can be found here: www.tampabay.com/news/st-pete...

[@m3_melody]

I've put it in the show notes as well, but here is the original article that features Marley: www.tampabay.com/news/st-petersburg/2024/04/10/shes-reported-over-100-st-petersburg-short-term-rentals-others-want-do-same/

[@m3_melody]

I hope everyone enjoys this first video. Unfortunately we got a little feedback on Marley's mic, but I hope you give it a watch as I think this video may bring you some hope.

[@kiyoshitakeda452]

Your guest is doing the right thing. Vacation rentals impact general housing availability. Force the units back on the market or keep it vacant if owners wish.

[@msbethmildhyperbaricoxygen6392]

I always suggest people get involved at a local level first, attend city council meetings, read your laws, run for office, VOTE. Too many people think a DC position is going to change things. Know your local representatives. Bravo to this young lady for cleaning up her area. Code enforcement should be doing what you’re doing.

[@andiliu9005]

What a great interview! I love her grit! The "squeaky wheel" tactics always works!!! I hope more of us could emulate her spirit and do what we can in our own local community to stave off these investor-leeches.

[@m3_melody]

Thank you and 🙌🙌🙌ME TOO!

[@kelleylane1203]

What a great idea to interview real people about what they’re experiencing/investigating, rather than only the “usual cast of characters on KZbin”

[@learsiyenoham]

Great interview Melody! Thanks for sharing Marley! Doing what you do takes guts!🤠👍

[@dm-oz9yd]

you can't have cheap money without crazy speculation. THE CAUSE OF ALL THIS: SPECULATION, INFLATION, WEALTH GAP, IS THE FEDERAL RESERVE

[@m3_melody]

Now we have to vote with our dollars and feet to stop them!

[@jonphotos8631]

Marley please run for city council!

[@m3_melody]

Right?!

[@RS-we7lx]

Great idea! Many of the people that are constantly interviewed are completely out of touch.

[@m3_melody]

Completely agree!

[@Hanginglimbs1]

except melody of course

[@sgpbnp]

I’m not sure who I like more: Melody the housing market commentator or Melody the interviewer. Oh the quandary!

[@REWatchman]

Great episode!!!! Inspiring seeing people stand up to fraud in their local area

[@m3_melody]

Meeting you and others on the road is what inspired me....and yes, hoping you will come on soon as well :)

[@REWatchman]

@@m3_melody thank you so much. I would’ve never started this journey if I hadn’t heard content / perspective like yours, and I wouldn’t have continued if it weren’t for you and Travis sharing your platforms and connecting me to others to have an audience to share it with. I’ll keep you posted on what we talked about previously and when I’ve got a draft ready. This concept / series is awesome

[@CrashBr0]

Amazing Melody. Unique guests with boots on the ground real world information!🎉🎉🎉

[@m3_melody]

I'm really, really looking forward to this series. Thank you so much for the support.

[@InnovativeSustainableSolutions]

This really helps people Melody. Somebody gets a house to raise their family in, becuase that house is no longer in an "investment protfolio".

[@miriamseidel8463]

I'm in Ormond Beach FL. Our city's laws for STR's are: Condos (lo & hi rise) STR's OK (although many of the hi rise ones, make you go thru their office to get reservations, which serves corruption - if you don't get along with or grease their palms, you'll be last on the list, when a guest inquires). RV resorts- STRs OK. Now, in regards to SF homes, only way allowed to do a less than 6 month rental is if you have an in-law suite that you rent out, and you must live in the main home as primary residence. But, there are people that rent out houses as STRs on VRBO/AirBnB. I would like to start doing what she's doing. It will definitely raise the for-sale inventory & lower housing prices. Our city hasn't seen the bubble burst yet, but it's coming - i can feel it!

[@davidwhitehead6529]

Melody, I enjoyed your interview with Marley. I've been heavily involved with STR's in Southern Utah for the last decade. Our local Cities have ordinances in place where they are allowed in certain areas, but they have approved so many STR developments it has caused over saturation. Active STR listings have increased 1300% since 2nd QTR 2022 and pricing has dropped about 20%. Gross rents are also down about 40% since 2021 due to building over saturation, decrease of Covid travel and a decrease in work from home guests. CAP rates are ranging around .05% to 3%.

[@artistenvy6525]

Atta girl Marley!!

[@GetYourSpotlight]

I really liked this show (love all your shows, Melody). I found it refreshing and hope to see more "not the usual cast of characters" interviewed who are doing REAL things to make our world better. Whatever you feel about STR, no one wants to live next to a motel. Marley = STR ACTIVIST!

[@themarkandmelteam]

Wow! Great interview, Melody and Marley! All great points were explained and people committing fraud at the expense of the next generation and affordable home owner buyer, is wrong. You will help empower others to stand up and it will make a big difference 👍 👌 💪👏

[@m3_melody]

Thank you so much as I think her story is so fantastic. Thank you for watching, and I really appreciate the support.

[@bossu2005]

Excellent. Normal People!

[@roseagain2]

I live in St. Petersburg and me, and others I know wonder what people are doing for money to afford these properties and rents, especially downtown. Seems like a younger population too...I bought my house in 2005.

[@Kc-wn1is]

I live in Greene County and it’s so nice to see this discussion happening with some tidbits about Eastern TN. The mountains are being taking over by investors! It’s a lower income area and our wages will never catch up to the housing market. Also, bears natural habitats are being destroyed and it’s heartbreaking 💔

[@m3_melody]

Yes. My hope is we can all start standing up for our communities in one way or the other. It is heartbreaking.

[@themarkandmelteam]

Higher rents totally correlate to the higher priced mortgages and lower supply impacted by STR purchases the last few years. Very well said Marley. Anyone that says the impact of all those STR purchases is insignificant, is obvious or just careless.

[@inwiththenew414]

Another point that people RARELY ever bring up: homeowners insurance policies are not designed to cover Airbnbs, Vrbos, etc. and some insurers may even cancel the policy if they find out the property is being used for business purposes. It's different from landlord insurance. Home sharing platforms might offer their own insurance, but the company insuring the property is often kept in the dark (never told) and might cancel the policy because they want nothing to do with the property being used for that purpose.

[@juliusmiami76]

Great start on your new format!

[@m3_melody]

Thank you so much!

[@eazhar]

She’s doing gods work

[@pablo81778]

Go get them Marley. Good job

[@m3_melody]

Agreed. She gives me hope that learned helplessness is not the only mode of being out there.

[@rosefisher607]

This was awesome really enjoyed this guest keep going doing what you’re doing.👍🏽🌹

[@m3_melody]

So glad to hear it, and thank you for the support! Will do :)

[@cameronjenkins5304]

Great video! Squeaky wheel works!

[@lordinquis8r679]

Thanks, Melody! I like your innovation. Hi, Marley!

[@m3_melody]

You are welcome, and thank you so much!

[@EricCrawford777]

Great job Melody. GOD Bless You

[@m3_melody]

Thank you so much and thank you for watching! God Bless.

[@Ja56780]

Not all heroes wear capes. Once again Californians or New Yorkers coming to Florida to ruin the neighborhood.

[@nicoleandalfonso6355]

Yes!!!!

[@DoubleOhSilver]

Californians are insanely out of touch. What she described is the norm. They describe the rest of the nation as "cheap" 😂

[@difigfs]

Great interview and guest. The government closest to you, has the MOST power over your day to day life. Often all it takes is 1 person to make a difference. Community activism and civic duty is so important.

[@johnellenz4330]

Super Super job on the interview Melody.

[@sflorio45]

Great video! Thank you for educating the community!

[@m3_melody]

Thank you and thank you so much for watching!

[@hbag0970]

Marley about to get stitches 😂

[@shanerogers9386]

Great video and great guest. We have the same issue here in Delray Beach. Flippers and investors have plundered homes away from families at levels never seen before. The speculators are listing homes in airbnbs riddled neighborhoods for 100 to as high as 500 percent higher vs the start of 2021. Who wants a $2MM home that was just $500K 2-3 years ago ?

[@smm5070]

This is a great interview and it’s good to hear people like her become active because they care about their community. I’d love to hear your thoughts on the Lakeside at Tessera on Lake Travis. Homes sell for 500k to 900k. Not close to much within 20 minutes. They say lake properties but they’re grazing the land. I don’t understand the price point

[@m3_melody]

Thank you so much for watching! There are just so many properties like that in TX....there is nothing to justify those prices. Speculation just went wild unfortunately.

[@johnhector4207]

Great interview Melody 💯👍

[@cabaldwin87]

Great interview! 👏👏

[@r.o.b.480]

The town that I live in has the complete opposite problem from the one described here. My town is a small exurban college town of approximately 10,000 residents. All of the houses in proximity to the college, (which consists of beautiful historic neighborhoods), are "dorm" rentals. The college itself is attended by a wealthy demographic who bring their money in from other locations, but who leave once they graduate. The owners of these rentals are able to command an exhorbitantly higher rental price than the average median income that the local job market is able to provide. Subsequently, the artificially inflated comps make it hard for somebody who wants to stay local to rent, and even harder to buy.

[@Firehorse39]

Another informative and inspirational project. Thank you Melody and guest Marley.

[@Offon_A_Boondoggle]

Awesome Melody!

[@m3_melody]

Thank you so much and thank you for watching!

[@pokeesudoku]

Thanks Melody! Marley was a great interview and glad to see she is taking action in her neighborhood. I’m just north of her and will have to start attending my city council meetings. There’s a ton of air bnbs here and the market prices for homes in my area are absolutely ridiculous.

[@PianoMatronNeeNee]

Great show Melody ❤❤❤❤. Thank you for sharing your insights.

[@thorstenroberts4726]

change the tax code. no deductions or depreciation on single family homes. If owner/occupiers don't get them, why should investors? Investors outcompete owner occupiers because they can deduct enough expenses to make rentals profitable. Get rid of the deductions and all of a sudden these houses get returned to buyers. investors can try to raise rents or short term rental rates enough to remain profitable, but I doubt the market will sustain it.

[@EmmanuelRamirez-vr4zb]

This was great!

[@therealestake]

Get 'em out of there, Marley. We want long term cash flow, not the short term show!

[@thangd7124]

👍👍👍👍👍

[@internetpointsbank]

If you can run a airb&b I'll run a autoshop and parking lot next door.

[@checwes1060]

lol at least your idea would be more beneficial to community members!!

[@UnitedStatesNational]

And like I say, fresh pineapple is one of my go-to favorites as well that I almost always have around.

[@hamsandwichp5082]

Why would anyone want any investment like a rental that you couldn’t at any time go an look in on it? Ludicrous.

[@Matt_K]

Good on Marley. I would not be happy if I was in a community where STRs had lot of restrictions and people would try to do it anyway. I'm in a nice area and STRs are not permitted despite lot of construction going on (3 subdivisions under construction and few more where land has been cleared already).

[@mooselodge3881]

I looked up (easily) In northeast, Tennessee, and in particular, your hometown of Johnson City, there are several realtors in town who brag about their business of buying up old homes, and flipping them immediately for 2 to 4 times the price. As Realtor is, that seems like an extra unfair advantage Thoughts?

[@lockup6104]

Mahalo 🤙🏽🌴🌺🍍🇺🇸👍🏽Vegas will not die ⁉️

[@m3_melody]

You are welcome....Vegas is my least favorite place on the planet....♥And thank you for your support!

[@realagenttango]

@m3_melody would u pls talk more about mortgage servicing rights. I still don’t fully understand this. Flipping through COOPs 10K but again don’t understand how these can be a negative thing for the holders. 😢

[@29238734943]

Is there any software that's needed to aid in this effort?

[@Horatio1886build]

Most of these landlords will not survive doing air b and b for long. So problem will fix it self soon.

[@johnhector4207]

Great job Marley 👏👍

[@jab342]

Snitches get stitches LOL you crack me up Melody. You are real 🙂

[@robertbender73]

As long as investors maintain property and renters dont disturb other residents, the city shouldnt conrrol free market entreprenuers. The local community makes a lot of money from tourism. No difference in leasing by week, month or year

[@Horatio1886build]

Really. I agree. I have had good experience with air Band B. As a user I did not see or stay in many poorly maintained properties and most people ( like) myself were very quite and respectful of the property or neighborhood. Now I think it is strange that landlords think they can rent a crappy little place far from the beech etc. that is weird. They will go out of business be foreclosed or sell over the next few years and your problem will go away. Right now the main problem is all that inventory locked up in lower for longer ill conceived FED policy not Air B and B mainly. And I did not understand how the dog passing away gave her so much free time( sorry for your loss seriously lost my Dad ,wife and 2 cats in last 2 years) but did'nt give me a bunch of free time actually less.

[@Horatio1886build]

I think there is some conflation going on here between what clearly fraud and what really just normal free market activity in a vacation area. I really like Air B and B and hate hotels.

[@Horatio1886build]

Right now sadly even if you got rid of half the Air b and bs you are not going to see a huge price adjustment until that 2.5 -5 interest rate mortgages filters out.

[@eldybellacetin8167]

Fuuuuuuuuuuu this lady is messing with their money because she has free time... Shes achived a trolling level of epic proportions. Respect

[@mrscassandrasolano]

I call it being an engaged citizen which our system makes it difficult for most of us to do working 40+ hours a week to survive or not educating us on how to participate in a democracy 🤷🏻‍♀️

[@bossu2005]

Marley is a troublemaker! Just Kidding....Marley: Can you call my local town borough hall and report my neighbor's dogs crapping all over my property? They Need a BIG FINE!

[@karlwintour0]

Why should the government dictate what the free market does? I understand there is a lot of people struggling to achieve home ownership but that is because of government intervention and money printing.

[@checwes1060]

Been a law on the books for more than 20 years.

[@karlwintour0]

@@checwes1060 it doesn’t matter.

[@mrscassandrasolano]

Y’all are delusional if you think we have a “free market” its socialism for the rich

[@Horatio1886build]

I wish you could be a little clearer. So what are you saying ? It is legal to rent short term for 90 days?? So obviously no one would rent it at that price. So what is exactly going on. Not clear.

[@alshaw9420]

doom and gloom crowd still around

[@shanerogers9386]

The doom and gloom is caused by the trashy flippers and investors. They are a cancer .

[@bryanupton9872]

STR is/was the symptom. Compounded regulation isn’t the answer

[@checwes1060]

Been a law on the books for more than 20 years.

[@bryanupton9872]

@@checwes1060 theres been a lot of bad laws, on the books for decades.

[@checwes1060]

@@bryanupton9872 regulation absolutely is the answer. Regulation is the reason we can trust the meat we buy, the reason we have child labor laws, the reason we have civil rights. Regulation is absolutely the answer because St. Pete is in a housing crisis and these STRs are only contributing to that very problem. I’m sorry but anyone who thinks regulation is not the answer is usually not very educated.

[@raymond_sycamore]

Who is this person? Might be best to give these guests a quick intro to what they do and why you're interviewing. Is she a regulator? Rogue citizen? Why is she reporting? Reporting it to the county? I'm so confused.

[@m3_melody]

She is just a regular citizen: www.tampabay.com/news/st-petersburg/2024/04/10/shes-reported-over-100-st-petersburg-short-term-rentals-others-want-do-same/

[@sgpbnp]

It was clear to me who she is.

[@raymond_sycamore]

@@sgpbnp not at all. The conversation just kind of started and I had no idea what was going on.

[@dampsok]

If I own the home, I should be able to do whatever I want with it... Live in it, rent it out, short or long term. The government shouldn't have any say regarding whom I authorize to live in my home.

[@checwes1060]

Been a law on the books for more than 20 years.

[@dampsok]

@@checwes1060 I'm glad I don't live there... no communist bullshit like this where I'm at.

[@FireManTTSOM]

What a waste of time to be harassing private property owners. It’s their property and they have the right to use it as they see fit. Typical, envy of those who have worked hard and have something from those who have not and try to stop them. Let the market decide.

[@superninteyninegm8282]

It’s a free country.

[@cugliabk]

This guest is a waste of time. 🥱 She’s makes it clear that she’s not an expert in any subject matter. Regulation is the worst solution 🤦🏻‍♂️.

[@shanerogers9386]

How would you like to get the flipper and investor cancer out of the market?

[@bryanupton9872]

@@shanerogers9386you dont support the artificial environment that harbored them. Dont beg for them to shutdown economy and subsidize. Dont take their pharma product. Don’t excuse their wars. Don’t welcome their taxpayer-backed home lending

[@checwes1060]

Been a law on the books for more than 20 years.

[@eazhar]

I’m sorry but you don’t exactly need a PhD in understanding your local code