How America's Largest Landlord Is SCREWING Renters & How To STOP Them

[@shadowjudge921]

It's disgusting how much greed is consuming this country.

[@scifirealism5943]

It isn't greed because greed is a choice. It's about prioritization. Our corporations want power and control. To maintain control, they need to keep people in debt.

[@casual35]

@@scifirealism5943 AKA, greed.

[@joeybleu66]

devout christians these are . must be a different Christianity that what christ said. greed cruelty no compassion no mercy that's how the Fascist's do it everywhere. what happened to the GOP. all the southern states went republican over a period staring in 1964 when strom thurmond 50 years in the senate becomes a republican. the south follows. now instead of just a few nut jobs the GOP gets a ton of white slavers who were taught the civil war was about states rights. then in 2008 america has the audacity to elect a black man president tea party forms. that lets trump raise up out of the muck and become a human god. trump was democrat until 2009 amazing these coincidences.

[@scifirealism5943]

@@casual35 lol

[@blanketyblank604]

You can blame ronald raygun for this.

[@MugRuith]

Perfect example of corporate greed causing inflation.

[@enigmag9538]

I'm so happy you guys are reporting on rent issues more. I was frustrated for a long time that I didn't see or hear much about it from media in general. I really appreciate the response.

[@ziljanvega3879]

Every corporate landlord in California is doing exactly this, not just Blackstone. The evil that creates hordes of homeless is endemic.

[@watamatafoyu]

The more evil they act, the more they undercut their justification for existing. If they can't manage homes properly, they shouldn't be allowed to manage them.

[@joeybleu66]

really so the liberals give these folks 24 months of free rent. the landlord goes to his bank they say nothing doing you have to pay the us our money. so he goes to the bank borrows more money pays his other bank thier money and his properties sit. he still has to make repairs take calls from angry tenants and for what for nothing that's what. my buddy manages 260 units not in cali in the rust belt he evicted 80 % of his managed tenants they did not want to ever pay rent. they spent that money they did not put it in a bank save it maybe make a down payment on a house no no they spent that money. america is a nation of deadbeats their last president before this one was their deadbeat in chief. now they want to default on their national debt again.

[@nickfury1517]

The one thing we can all agree on, "the cruelty is the point".

[@Bdpjev]

Very good report. Please continue to shine a light on this

[@bigtankmctokery543]

It's like George Carlin said "The reason why they call it the American dream is because YOU GOTTA BE ASLEEP TO BELIEVE IT!!"

[@DollarBill2022]

I payed $485.00 they jumped me with a $245.00 rent increase to $730.00 on a 327 square foot apartment I've lived in 9 years. Imagine that at 70 years of age and disabled

[@baloney_sandwich]

Can we all agree the rent increase has nothing to do with inflation now?

[@joeybleu66]

might have a lot to do with no rent for how many months 24 months 36 months yeah poor tenants. they rent because they are dumb. on quora a couple years ago they were singing the praises of renting they are howling now i bet. i left too many bots. i own have owned for almost 49 years same place. turning into a third world Shithole but ill be dead before it goes down completely. my rent stays at about $3600 a year we have an amendment to our states constitution. protects us from greedy rapacious local governments.

[@Ava-km7tl]

100%

[@HebrewJerusalemPrince777]

It never did

[@picaresqueatheist]

Remember : The laws in America are made by the rich for the rich.

[@joeybleu66]

true that

[@truthseeker4280]

So why are we electing rich people to represent us case and point Trump.

[@joeybleu66]

@@truthseeker4280 all the media is owned by someone with the owners best interests at heart. in order to make a profit a news paper of TV station usually has to sell ads. not fox cable that right wing propaganda machine for the Grifters party has the highest carriage fees of all the non pay per view channels. a mere $2.30 a month times about 90 million cable subscribers. that a cool 207 million a month. they can broadcast republican propaganda without advertising for over two billion a year they make with zero overhead. the rest of them sell all bad news because bad news , fear mongering, hate mongering all scare people make them angry. they buy more products spend more money and do not know why they feel depressed all the time.

[@watamatafoyu]

@@truthseeker4280 Because they lie to voters

[@Juan-os4hs]

@@truthseeker4280 As opposed to only a millionaire Brandon?

[@kevinc9934]

It should be illegal for them to purchase any single family homes.

[@om3g4888]

Corporations and private equity firms should be barred from buying single family homes.

[@joeybleu66]

all you guys ever want to do is punish the driver of the get away car. its not his fault. you the people you did this to yourselves. you voted for the PACS then the packed SCOTUS ruled them into law. ban this ban that no no stop voting GOP. that will put some starch in their collars. those whores will fall right in line. ponce they are elected no more control. how do they get elected. advertising is not facts. political ads are mostly bullshit. remember boys and girls the GQanon/Dixiecrat slavers party is self centered selfish and greedy. they are arrogant brazen and confident they will never be held accountable anywhere. like the lucchese family or the koch family (still in russia helping a war criminal guilty of unbelievable atrocities)

[@Juan-os4hs]

But then Wallstreet & the banks will need a bailout. Think McFly, Think...

[@nyranstanton203]

rent should be 10-20% of your earnings each month MAX. not 50%-60% regardless if you are wealthy or poor.

[@joebidenisyourpresidentget2481]

Average family income in $65,000 a year . Medium rent is $2000 a month. 2000 x 12 is $24000 a year. That means most people are paying 40% rent BEFORE taxes.

[@trappedinamerica7740]

And you are getting a small crappy apartment for that money​@@joebidenisyourpresidentget2481

[@ThePiedra777]

I live in San Diego and people are moving to Tijuana, Mexico as a result. They’re also hurting small businesses because people no longer have the disposable income. They’re going to wreck the local economy.

[@Juan-os4hs]

@ThePiedra777 That's the democrat party working for you. What San Diego is run by Republicans? Tell me if that's the case, I really want to know. It won't be until election time that they'll promise to address (not fix but address) the housing crisis. They won't do anything right now though, will they?

[@panthercatstotherescue]

You ask why this is allowed to happen? Because we have politicians who make money off these companies.

[@ladypaamp5145]

Not off…. WITH

[@IhaytFukkingsocialmedia]

THIS

[@garysimpson752]

When I signed a lease at my place in Tampa, FL - it was $1700 a month. We just got our renewal letter, for a 10 month lease it's $2750 a month and for a 14 month lease it will be $2600. Nothing has been upgraded or changed since we lived here. Owned by Arium - Blackstone owns / invests in a lot of their multifamily properties.

[@davidhunternyc1]

I'm sorry! ... and Congress doesn't give a sh*t. They are on the take too.

[@TheLastLineLive]

Got to keep it real, my favorite TYT videos are the solo Ana ones. Not to knock on everybody else involved, but when Ana does her monologues, she really knocks them out of the park.

[@chloetudor8723]

My rent in an apartment in Tampa went from $1600 to $2500 a month in two years. And that was negotiated down from $2700. And I had to call corporate and ask them why my rent was $400 more than the unit next door with the same layout. They said because my unit faces the retention pond instead of the parking lot. 🙄

[@watamatafoyu]

The sickest part is that builders don't have to oversupply to drive rates back down, they can fleece it to maximize prices.

[@IamTonyaTosha]

The rent here in SoCal is awful. My landlord sent out a letter saying that the rent is under the current rate and that she will be raising rent to catch up with the rest of the rates. But she hasn't repaired the 8 fired damaged apartments next to me. It doesn't make sense. She is just full of greed.

[@Juan-os4hs]

Remember this: It's all being done under the watch of Democrat politicians!!! From gruesome Newsom the governor, down to the county board of supervisors and the local mayors & city councils. Am I wrong? Isn't socal mostly represented by the democrats?

[@baloney_sandwich]

I worked in real estate investment before. The analysts and executives NEVER saw any properties in person. They treat each property as a number and all its associated attributes like rent and tenants. So to increase net profit, they increase rent and evict tenant if they have to without any feeling because like I said they never saw the properties in person, they don't care.

[@CL-yp1bs]

There needs to be a limit on the number of single family homes inventors can purchase.... this is destroying opportunities for everyday Americans

[@cosmicllama6910]

*has destroyed

[@erinmcdonald7781]

Thank you, Ana! In case anyone has any doubt about how BIG Blackstone is, $975 billion is almost a Trillion! That's up there with the too-big-to-fail banks. We need to take back housing. It's a necessity like water and food (both of which are also traded commodities). Wall Street should not be able to profit off these necessities of life.

[@scifirealism5943]

I'm making $10.50/hr as a cashier. I didn't know it was actually possible to make a billion dollars. Let alone $1.3. PER YEAR.

[@blanketyblank604]

But didnt the founding fathers design our country this way, after they slaughtered the native americans?

[@VR_investments]

how would this company survive a hosing market crash?

[@2411Stuart]

I'll give you a start. Fair Housing Act

[@kyks5139]

This is happening all over. We live in northern Idaho. We moved into our current apartment in 2019 at 790/month. At the start of the pandemic they raised our rent to 970. In 2022 it went to 1290 and now, to renew our lease in 2023, they want well over 1400. About a 100% increase in just 4 years. We are getting out of Idaho. We found an apartment in Spokane in a better area, with better amenities for $200 less than the 1290 we have been paying. We couldn't find anything near the place we are vacating for less than 1400 for a 2 bed 1 ba. WTH Republicans, thought red states were cheaper and that is why the min wage doesn't need to be raised over the fed min of 7.25? We don't mind getting out of Idaho, though, especially since they seem to be following the gop "make America fascist" playbook.

[@scifirealism5943]

1. Politicians want poverty to exist. 2. Corporations want poverty to exist as well.

[@Juan-os4hs]

Then why all the kvetching???

[@watamatafoyu]

And how much did your wages go up? 100%?

[@ahundredpercentprosperous4222]

@@watamatafoyu The Trumped party wants to be free to extort as much as possible. They jack up prices on things they sell, property they rent, services they offer. But when you ask for a raise to keep up w these soaring costs, they give a bunch of lame excuses why it's a bad time to increase your wages. lol. It's the crooked way they always operate. Go into a store, a gas station, pay the rent: you are confronted by HIGHER prices, sometimes MUCH HIGHER prices all over. Ask your conservative boss for even a modest increase in your paycheck, the answer is usually NO! - or 'maybe some other time, we'll see how things are when business picks up' lol. The rich get richer, the poor get poorer. Welcome to deregulated Trumped party America where 'free enterprise' is free to keep PRICE GOUGING. But the ones ripping us off will try to feed us BS reasons that it's all Biden's and the libs fault. The ONLY cheap thing in America is the BS excuses the Trumper party shoves at us about the price gouging they do lol. 🤑

[@mistervo8185]

Blackstone forces old tenants out over $40 evictions, relisted at higher price, so it's not a rent increase but a relisting

[@EastSide-qc5oy]

This is a really bad situation and I honestly don’t see how it ends well. Most people I know trying to get out of the renting game are being priced out of anything they want to buy, as their rents escalate. People are considering moving to cities and states they never would have considered, and it’s a big gamble because where the rents and house prices are “cheaper,” the job markets tend to be bad. This feels like an unprecedented upheaval. And we can talk about it forever but no one can or will really do anything about it.

[@watamatafoyu]

It takes an upper-middle-class income to afford the average home mortgage.

[@ronaldramirez1935]

@@watamatafoyu that’s why wages need to reflect the housing market not corporate greed What is happening to the American Dream of working for a decent wage so we can have a family and get an affordable house Now I believe it is gone because in order to have “that” American Dream you need to be making at least 100-200 grand a year IMO!

[@VR_investments]

move in with faimly, save your money, wait for a housing market correction, thats all you can do. but most importantly stay educated

[@Juan-os4hs]

@@VR_investments And be vigilant! Start familiarizing yourself right now with the housing market wherever it is that you want to live/buy. Checking the real-estate sites daily until you know the offerings by heart. It will be time consuming at first, but the payoff will be, as soon as you see the flow of the markets, you'll be able to pull back on the time you take spend searching the listings. No longer will it be necessary to scour the listings daily, every few days now, then once a week or so. Enough to keep in the loop. That way when you are ready to buy you have a pretty good handle on the available offerings. Realtor have a good handle on things, but they have their own interests and preferences that sometimes doesn't work towards your advantage. That way you'll be ready for when that big deal happens.

[@raaspider]

companies should not be able to buy family homes! this is why the mortages are too high, the cost of houses are too high, and the rents are too damn high!

[@lindaj71]

No wonder homelessness is on the rise. It’s a sickness to be so greedy.

[@wizardofahhhhhhz]

I’m SO MAD that so many single family home owners were willing to sell their homes to these firms, not understanding the impact this would have on our country. I’m grateful to the sellers that were committed to selling to first-time homebuyers and real families.

[@Kim-dm4yb]

This is disgusting and disgraceful that our country allows these big corps to even buy buildings and do this, also you have foreign oligarchs coming here in NYC also buying up buildings...how is this all this legal???

[@johndwashburn9582]

Anyone can buy property in America 🤷🏽‍♂️

[@VR_investments]

imo the fed raising these rates is going to help with this problem, right? when people start to say enough is enough they will leave/ move in with faimly then what? it crashes the market allowing new investors. but you need to stay informed and be ready for it.

[@fuvjvjchxhc7063]

"You'll own nothing and be Happy" oh well, not only will you not own anything but you will be very miserable

[@susanrussell5308]

Renting in America sucks. Here in the UK I never have to worry about my bad credit keeping me out of rental units. You cant get a rental in the US unless you have perfect credit.

[@scifirealism5943]

Correct.

[@casual35]

Not only a perfect credit score, but also earn $60k+ just to scrape by.

[@trappedinamerica7740]

One eviction and you will need someone else to help you rent because no one will rent to you after that no matter the circumstance

[@karenclark4305]

There are NO rate caps for rentals here in Florida. Rental and homeowner properties are OUT OF CONTROL here.

[@katme8055]

Time for government to cap apt prices and ban corporate ownership

[@Fox.with.a.Dragon.Tattoo]

ALL ownership of homes by corporations and for profit business of any kind should be outlawed. Let individuals own a few rental properties (keep it capped) but for groups like Blackstone it should be completely illegal

[@harmgregory4560]

Seems like the only solution, with ANY corporate 'landlord' seeming to be a predator. 💩

[@qjtvaddict]

China: WE TOLD YOU SO!!!!!!

[@Fox.with.a.Dragon.Tattoo]

@@harmgregory4560 they all are... by design

[@elsierodgers4874]

This is the reason so many people are unhoused.

[@BasiliusRavencroft]

Black stone is not a real estate firm. It's a criminal syndicate.

[@scottcameronpedigo219]

Harry Potter and the Black Stone of Fate

[@ahundredpercentprosperous4222]

The ultra corrupt scumbags ought to change their name to Blackheart. A bit of truth in advertising is needed! 😄

[@AndreaSimone57]

Real estate "investors" have been a legally allowed problem for a really long time now. I believe it's why there's no affordable housing left in this country. They ruined our affordable living in Oklahoma over the past 5 years. It really sucks. I don't know if they are behind a lot of the house flipping also but I know politicians don't have the guts to do anything about it.

[@Ava-km7tl]

I’m from Oklahoma but me and my family moved to Colorado in 2019. What are the renting prices like there now? When I left you could rent for $800-$1000 for a studio or one bedroom

[@thatfranguy]

Companies should be limited to only so many residential units max by federal law.

[@irishlady30]

These " private" equity firms are subsidized by the rest of us...

[@bernieornelas5368]

This is happening everywhere.

[@jimdunaway2315]

Any entity/person owning more than 10 residential housing units of any description needs to be declared a public utility, and regulated by local, State, and Federal regulators.

[@Ava-km7tl]

At this point I think almost everybody can agree with that

[@MrWphilips]

Agreement is fine, but nothing gets done! “Nothing will fundamentally change!” Thank you Mr. Biden, and your horrendous Bidenomics! Please retire and go home!

[@victoriascholl4607]

We got lucky to buy a small house in 2021, at 3.5%. The house we were renting went from $1,600 to $2,500, in less than a year. How do people survive and keep a roof over their heads?? We get dozens of called and texts trying to buy our home now. We are happy, don't want to move for a long time. We can't afford the current interest rates anyway!

[@capitalismisdivisionofevil8322]

They are forced to go homeless! Not working = no taxes = no social services!

[@MrWphilips]

Good idea to just sit tight! Block their calls!

[@vancedthobehill8048]

When I was like 16 rent was like $750 for a 2br house. 2018 rent for a 2br house was $900 since covid 2br is $1700. Before you needed to have 3x rent to move in now you must make 3x rent. They are forcing people to have roommates because they know people will do what they need to do to not be homeless

[@joeybleu66]

the dollar is worthless thanks to the government . landlords got screwed during covid they are pushing back. the government screwed up supply and demand during covid. the government does not regulate its friends.

[@RescueRangersOPES]

Thank you for shedding light on the Rental business. Plz keep going. These individual investors who own over 10 to 100 properties do the same.

[@watamatafoyu]

There's arguments to be made, based on history, that landlords are unethical. The old idea that every adult or family should have their own property has been long-gone in this country. Right now 1 person owning another's living property is a step away from slavery or chattle.

[@neosandy]

I think I'd rather be homeless than give Blackstone a single cent .

[@maceywillis1051]

but where is the how to stop them part? They don't just evict elderly they evict disabled veterans and single moms too. And they refuse to make repairs concerning habitability too even when fined and cited multiple times here in Lo Angeles county

[@jazznyc2781]

Jesus is coming for U BLACKSTONE.

[@needsLITHIUM]

They need to make it illegal for a large company to own residential single family property. Period. That will free up all the houses. For the apartments, there needs to be government mandated rent ceilings. Charging more than a certain amount needs to be considered a crime in which conviction means the company has to sell the property. The ceilings and rent control laws need to include fees, so that adding fees counts as raising rent. There's more they can do than I can think of as a lay person. They just don't want to do it. How much you wanna bet Blackstone is contributing to campaign donations?

[@eattherich9215]

Blackstone is but one of these nasty, predatory companies and big business pays billions to keep the politicians on side. Republicans roll over easily, but Democrats are part of the problem as well.

[@watamatafoyu]

I've heard a ton of fervent arguments from real estate people that affordable housing laws make things more expensive for renters. I can't wrap my head around their twisted logic, but they've got more say with politicians due to campaign financing.

[@arthurwintersight7868]

I'm an advocate of state-owned commie blocks, and even I think your perspective is out of whack. What about people who want, and are willing to pay for, luxury housing? The more amenities you tack on, the more it has to cost. A more reasonable perspective isn't to get rid of these high priced units, but to force them to compete with state-run commie blocks that provide affordable, good enough housing at a low price.

[@davidschloeder5344]

Anyone renting from a conglomerate Real Estate apartment complex is paying shareholders. Rent from individuals.

[@BluePatriotWinner]

If you can find any. Individual landlords, that is.

[@monie1527]

Small potatoes landlord, here. I mean REALLY small potatoes. I own a few single family dwellings. There's a reason I haven't raised the rent in over 8 years. Good tenants.

[@crusader4536]

It's official the American dream is dead

[@bushpilot-bm3kf]

Poor people do not have representation in Congress or the house. Only rich people and corporations do.

[@Ava-km7tl]

Sadly that’s 100% true

[@rosemariebredahl9519]

They're also screening FICO score, so if they charge crazy damage fees & report late payment while ex-tenants fight them, residents can become unable to qualify for new rentals!

[@watamatafoyu]

This is terrifying.

[@Mike500912]

American greed.

[@patricequinn-ee1iy]

Please do more iterations of this story. Thank you. ❤

[@lucasheidecker508]

This doesn’t just happen in California, it’s all over Phoenix Arizona and outlying areas. Apartments expecting 2.5x-3x monthly rent as an income requirement. Most 1-2 beds are 13-1700$ so they expect you to make 4000-5000$ a month for the cheapest places that are around. Absolutely ridiculous..

[@The_paciente]

It is all over. People in Florida can afford rent

[@Deco_2k]

All 52 state everywhere all oversea its like a virus

[@MD19853]

Same thing in Florida but 2500+

[@Juan-os4hs]

Are utilities included? Remember thanks to Brandon's energy policy, utilities prices have rapidly increased too. Three years ago my summer light bill avg about $160-180 per month, same for winter. Last year's winter bill was $220-240 per month, I expect about the same for the coming summer. Just ten years ago, my winter & summer bills were around $110-140 per month.

[@ravenm6443]

The price gouging is insane! Unfortunately my state doesn’t have any laws pertaining to protecting residents in this way. And I live in a red state so people complaining will fall on selective def ears.

[@joeybleu66]

you voted for them remember. you voted the straight republican ticket remember. you voted how they told you to vote. Fox their propaganda arm fed you horse manure told you it was candy . you believed that. your vote matters only one time at election time. get some people who will listen. this will take 100 years. in 1952 this started we let the GOP back in power. what did we get Joe McCarthy . mc carthy found communism in Hollywood . people were blackballed because of their last names. let a republican in power what do you get? nothing for the voters these days . plus you get fascists who cling to power.

[@atlien1988]

My condo increased 50% in 2021. There was no way in hell I was paying that, but the average costs skyrocketed everywhere else so it didn't really matter. However, I refused to cover the rent at my condo when I lived there for 3 years. I never had a late payment & often paid several months in advance. This country is garbage.

[@joeybleu66]

we need more forward thinking young people in government. the old guard has to go they are beholden to their corporates masters and the gun lobby. our children are not safe . the government refuses to solve a mass shootings p[roblem that the other democracies solved THIRTY years ago. their government's didnt take away their rights, their children were not child sacrifices to an angry government god.

[@FridayHefler]

The New Feudalism. Few powerful land owners, own all land, and everyone else must be a tenant serf, and labor all day to pay the feudal land lord. It's a problem in many countries now, though some are looking at nationalizing the residences (and reselling them to people at an affordable price) and prohibiting corporate ownership (large firm) of residential property. The best part for them is it is self-reinforcing, they buy up all the homes with no negotiation or fees, paying cash at or above asking price. This drives up property costs significantly and reduces the number of homes available to buy. As prices rise, people can't buy so they rent, feeding the coffers of the company, to buy more houses at inflated prices, driving up prices. Eventually since they have plenty of money, they can simply afford to buy up everything that comes on the market regardless of price, while making home ownership more and more prohibitively expensive. And then the fed which doesn't seem to understand how economics actually works, as they are just corporatist ideologues who bought Friedman's snake oil and think that making mortgages have interest rates to rival a credit card is going to help people stabilize the economy. Leading to further make serfs of even more people, because those who might have had a chance to buy are now unable to because the loan will be too expensive. A loan, BTW which is only necessary because banks created consumer mortgages (they used to be mostly for rich people and corporations), which, when introduced to a market quickly drives up the cost of buying a home, and causes a spike in real estate prices. A spike just big enough to make getting a mortgage, more and more necessary to bridge the price gap to buy a house, versus what it had been historically when people literally saved up for a number of years, got money from family and friends, maybe a small personal loan, and bought the house in cash. Since prices are "what the market will bare", this meant that the relative prices of homes had to be set at a price that was reasonable for a person or couple to buy, outright in cash (relative to the location and socio-economic position of the area, of course, there were rich, poor and middle-class homes, but within each strata, prices were limited to realistic cash prices). With the advent of spending the bank's money and only paying it off over 20 or 30 years, sellers feel they can get more, so prices go up. Then less and less people can reasonably save-up and buy in cash, and more and more people need a mortgage to bridge the gap. And they're convinced (usually by the bank) that it's better to not just borrow the small amount you need to buy, in cash but to put 10 or 20% down and pay it off over 30 years... And this way you can even spend a little more, on something nicer (and then try for that myth of using the rest of the capital to make more money over the 30 years, which never happens because real estate usually out performs other investments over time and the more equity you have and less interest/debt you pay the more you earn.) This raises prices again, and within 10 years or so, no one (save the very wealthy) can buy a house without securing a mortgage, paying interest, fees, assessments and contract terms (which grow and expand, since you now have to get a mortgage to buy a home). All of which go to the bank. In fact, only the first people to sell in this market make real money, as once mortgages become necessary to buy in a market, the additional gains later sellers would make from the increased price, is absorbed by the costs, fees and interest of the mortgage they need to buy their next home, so basically the bank absorbs that extra money they made from the increased home price. And the money they make on the sale becomes the down payment on their next loan. Basically the banks insert themselves as unnecessary middle-men, alter the market to make themselves indispensable, and then soak up all the money. But then the Fed raises interest rates, but now you have a market where no one can buy a home without a mortgage, but the cost of the mortgage is so high you can't afford one, so people keep renting and giving their potential wealth and generational wealth to the feudal land lord and the banks.

[@ralphsmith242]

TBH I can imagine a Blackstone billionaire smoking a cigar watching this and laughing. Sad.

[@davidhunternyc1]

That's the truth of it. There is no outrage among the working class.

[@The_paciente]

Yep. In Florida, there is an admin fee, which is not refunded, an application fee, a deposit, first month’s rent, and last month’s rent. And then it doesn’t whether you clean the apartment or not, there is a cleaning fee that they take away from you deposit. One bedroom (I mean a closet!!! Basically a closet!!) is about $1700.00

[@nebbykoo]

The future dystopia is here, now. My rent just went from $1,750/mo to $1,900. in the next few years, I'll probably end up homeless.

[@rickmercedes4285]

Sounds like a monopoly

[@eattherich9215]

The game of Monopoly has it's origins in The Landlord's Game, which was a critique of real estate and taxation. If you are interested, there are several KZbin videos. This kzbin.info/www/bejne/eGjRd3RnbqytqNk is the longest and really goes into detail.

[@CoconutPatel]

We need this type of news in Canada. ❤️TYT

[@DesertSky928]

You have it via the CCP and Justine Castreau.

[@MikeHunt90731]

And you wonder why there are so many homeless people

[@diane1390]

I don't. I was evicted from my last àpartment for just no reason at all, as were all the other tenants who were there when the new landlord bought the place.

[@montanamountainmen6104]

Not working perhaps.........

[@MikeHunt90731]

@@montanamountainmen6104 obviously you didn't watch this episode Einstein.

[@rennnnn914]

@@montanamountainmen6104 I see you don't understand how many full time workers are homeless and living in cars because they can't afford rent.

[@Ava-km7tl]

We need a strike. Everybody refuses to pay their rent all at once

[@bsmiddy236]

wow a community organizer

[@Ava-km7tl]

@@bsmiddy236 🤣🤣🤣

[@mayrnibird9224]

this is what i keep saying! a national rent strike!

[@TheVerendus]

Housing is a human right. Rent is slavery.

[@hoodeye]

Homeless is real even while working

[@capitalismisdivisionofevil8322]

Once homeless = working no longer has any value = will power drained completely and humanity destroyed

[@Tanya37red]

Blackstone bought the company I work for . And cut our hours in half !

[@enoughstuff333]

So sorry

[@greenbyrd3665]

This is only going to get worse. These people are predatory and unless stopped we will have more and more people living on the streets.

[@andreasdesigns]

It's not just Blackstone. Rent was not allowed to increase during the pandemic. But, as soon as that was lifted the total rent increase was the sum of each year they weren't allowed to increase rent. Rent for my one bedroom apartment in a low rent complex increased from $808 to $963, a $155 increase! I have never had rent jump up that much.

[@eshine2001]

Make sure everyone who lives in your building is out and then start a fire in your apartment. Leave your apartment immediately after and go to safety. Fuck corporate landlords 🖕🏻🖕🏻🖕🏻😂😂😂

[@whyareyou5000]

We have to stop them but how?

[@jakeshota4050]

Spread awareness and vote with your dollars. (do not rent from big corporations. Boycott them.) They cant survive without business. They survive off the rents that people choose to rent there. Legislation has been bought by the corporate elite. Again VOTE WITH YOUR DOLLARS. See how Budlight is suffering right now because people against the trans movement chose to vote with their dollars.

[@TheCorruptedHuman]

43%. You think that's a lot.... Well I have paperwork to prove how my rent went up from 89.9% in 1 year. And this wasn't Blackstone, this was actually a local company that has a monopoly on affordable housing in the area. I spent a solid month researching to see if that was even legal... It is. They can say it costs $1 billion a second to live in any apartment and you can either sign the lease or get out.

[@Tiger_Slot66outlook]

Do you think rich people care about the poor?. No, they don't.

[@babydooll84]

No one cares about the poor but the poor!

[@frostfree7]

In Arizona they are building communties of rental homes. They exploited a loophole that doesn't require a 100-year guaranteed water supply as is required for new builds. Double evil.

[@stevenmorgan3866]

Absolutely nothing stops them buying up new homes, OR building homes specifically to rent out. They've done it here in Tulsa. Some of the housing comes with high rent AND mandatory additional fees for yard maintenance and park care. I have a mower because *I* tend my yard. Why would I pay exorbitant rent AND pay for yard work I am perfectly happy doing myself? Why not include the fee IN the rent? Trying to make it look less expensive to get more traffic? Gross. It's garbage. Thank you for talking about this stuff. It's horrid and people need to know.

[@watamatafoyu]

Lots of people will pay for it because the market allows it. More money than ever is going on credit cards. The problem is that "the free market" is converting more and more into "market rigging and price gouging" where supply and demand are broken. It won't fix itself. It's rigged to exploit.

[@AncientVlogger]

No surprises on this. This has been the situation in Florida since 2008. Right around the time I was trying to buy a house and time and again had investors buy a house right out from under me. Real Estate runs this state.

[@andreah6379]

Add: Greedy.

[@Ava-km7tl]

They never prosecute corporate price gouging EVER!!

[@davidhunternyc1]

Yes, why are these CEOs never held accountable for CRIMINAL crimes? They intentionally defraud and harm people. What CEOs do are far worse than the guy who pays a cashier with a fake $20 and then is murdered by the police.

[@russellpierce4442]

I am so depressed no one is on our side

[@tsukeisawa7786]

Tyt is on your side for two years they campaigned on small landlords not getting paid and now wonder why they all sold out to corps like Blackstone. You get what you vote for hombre.

[@Seanpfree]

First-time home ownership is OVER. "Starter home" is over 400k, average income is 60k. We've put in 77 bids in on 1st home, outbid by cash investors every time. We're priced out due to price and mortgage rates. Wonder why Millenials and Gen Z are doom spending? Not getting married? Not starting families? Why is civil unrest growing while the wealth gap is larger than it ever has been in history? It's because this economy is not for us, it never has been. It priced us out and left us behind before we got here. companies today do $13 billion dollar buybacks instead of paying workers more, pensions for retirement don't exist, wages are sideways the past 50 years except for executives. This doesn't end well for society at every socioeconomic level..

[@CheeZbredDawG]

Ok so what’s left to do then besides violent overthrow? Asking for a concerned citizen. Petitioning government local or otherwise has been shown to be ineffective.

[@Eric-zi8sd]

Give the Republicans the guns they love so much. When they find out it goes bang at their expense like it does ours when they cause mass shootings then maybe they might start thinking

[@andreah6379]

The French ppl are have been out in their streets for the 11th day against Macron raising their retirement age. Though the crowd is thinning, it's still huge--about 750,000 ppl protesting. It was over 1 million the 1st few days. What will it take for Americans to stand together like that? Too many Americans who need the most help, live in minimum wages, have families to support and can't get that time off they need to protest. Most of the French ppl have strong unions that also help to advocate for the ppl. We don't have strong unions like that here, anymore.

[@devoidleaps4892]

I'm a single property landlord in the UK - the rent charged is around 20% lower than market rate. The property is well maintained and all appliances, including the electrical system need annual checks. I'm now having to introduce annual rent increases, but am keeping it below £50 / month/ year as I have a great tenant. Whilst they earn above the national average wage I've had several horrendous tenants, so happy to take a revenue dip for now and then start to move things up as I approach my retirement. Also our government has removed all tax breaks for private landlords, unless you covert to a business, so keen not to raise my income more than I need for now.

[@judgelife1]

👏🏿👏🏿 thank you for focusing on the subject 😤

[@pho-kingsoup8126]

This is just going to produce more working yet homeless people. Same thing is going on here in Canada.

[@zacharyrucker2350]

Correction Anna, they manage 10 trillion dollars in assets actually. They are the biggest investment firm on earth.

[@andreah6379]

🤮!!!

[@kellyhere2031]

My rent went from 889 for a falling apart 1 bedroom to now $1400 a month. Unfortunately I don’t have parents I can stay with, so my bf and I have to pay $1400 a month for a shit hole. We are saving as much money as we can so we can’t move into a more affordable place.

[@tonytooshort]

Good luck guys 🥺💔

[@kellyhere2031]

@@tonytooshort thank you. We are looking in the Albany county area. The county we live in is rural and since COVID, people from NYC have moved in and are here to stay. Rent went from being from $700 to $1200 a month ranging from 1 to 3 bedrooms to now $1400 for a 1 bedroom on the low end of things. I’ve seen 1 bedrooms in my county go for $2000 easily.

[@cHernandez6449]

GREEDSTONE

[@meloneymoore8856]

This is exactly what private equity firm Graystar has done here in Denver and Aurora Colorado. This was in fact done to me, rendering me homeless.

[@lhbfiness1251]

🙏🙏🙏

[@annharlan8926]

Ana - Yes, we need legislation to stop the predators. Spot on.

[@TheOfficialTarynTots]

My apts are trying to push me out because I've been here for 16 years and they can get more out of a new resident. It was my first apt and I just stayed here.

[@rdean150]

Smart. Hang onto it as long as you can

[@scifirealism5943]

That's messed up.

[@keepthepeacesharethelove7022]

You are right to call them out.

[@AntoinetteMPetty]

Why isn't the government stepping in to stop this insanity 🤔

[@Juan-os4hs]

The same reason government took so long to end slavery: Democrats.

[@bellaggio1770]

The greed with Goldman Sachs is extreme. Hundreds of billions in assets yet they threaten to evict a granny over $40.. Absolutely vile.

[@lannynavitka8949]

I rented my first apartment at age 18 in 1998. It was a 2 bedroom I shared with a roommate. It was $580 per month. That same apartment today, in the same shape(worse, actually), is renting for $3150 monthly. Here's the fun part: My dad rented the same apartment when it was BRAND NEW in 1977....he paid $85 per month for rent. From $85 per month to $3150 for a now 50 year old building. One question: Did our wages go up 37 times(the rent is 37x more) since 1977? Not for 99% of us.

[@thedebatemechannel4746]

Realize the Ana is HELPING the banks take our homes. She supports abandoning small landlords, which leads to foreclosure, then bank takes homes and does what she is crying about. I have 2 tenants who have not paid rent in 7 months and I can't do anything about it. They are doing crime, have trash everywhere, harrasing good tenants and the city won't do anything about it because people like Ana push this class warefare stuff where poor is against middle class instead of 99% against the 1%.

[@jessikabat6200]

DAMN! That’s wild. I know similar stories about old apartments of mine and of friends and how much the rates went up since we rented them, but that specific example is nuts. Totally believable too, which only makes it even crazier that this kind of cost increases just goes unchecked. It’s all just truly insane. Housing is so unaffordable in this country. And frankly, “Unaffordable” is actually too charitable of a word at this point. it’s just truly wild what we all let ourselves get used to. We need laws, cause this is just madness

[@jessikabat6200]

@@thedebatemechannel4746 dude. What are you doing? Seriously lol. Sounds like you need a life. Newsflash, Ana has talked often about how her father owns a house and rents it out. Ana’s dad is LITERALLY a small landlord. Like an actual small landlord. Not an imaginary one online. You’re a troll who spends more time in TYT comment sections than I do, and I’m a fan FFS! I seriously haven’t watched one video in awhile now where you aren’t spoutin off about how “people like Ana” are ruining your life. What life? You clearly need to go get one, for the love of god dude

[@JamesBlue28]

My first place was a 3bdrm HOUSE I shared with my brother in 1997. Our rent was $900. A few years ago there was a 3bdrm APARTMENT on the same block advertised at $4300. It's most likely higher now. Edit: I looked it up. Those apartments are $5100 now

[@eattherich9215]

@@thedebatemechannel4746: 'I have 2 tenants who have not paid rent in 7 months and I can't do anything about it.' You didn't do the proper checks, but it's Ana's fault. You have chosen victimhood and wear it like a martyr.

[@2headedcow5252]

There should be a limit as for the amount of the market one owner owns

[@RillaLord32212]

Not to mention.. They're doing the same bullshit with cars too.. Why in the hell are dealerships expecting people to $1000 or more for a vehicle.?!!!! Greed is killing this country!!

[@johnsturgis909]

Don't know how many times I've said it, you can't regulate greed. ( Or stupidity )

[@thinkdatanow]

They are here in Denmark to. And they have done the same in Copenhagen. But we have strict rental laws that means you can´t just jack up the rent. But still they have the same way of thinking here to.

[@rdean150]

There has been SOME legislation proposed. Ro Khanna put forward a bill to fight it. But it's never gonna pass because the majority of Congress are personally invested in real estate, so they stand to benefit from property values increasing.

[@scifirealism5943]

Exactly.

[@scifirealism5943]

It's also about values. People in Congress don't value helping people get out of poverty. they don't value ending poverty. they don't value helping workers achieve the american dream.