'No one can find a rental, it’s insane': Real estate mogul | CUOMO

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NewsNation

Күн бұрын

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@Lalaland2045-n3f
@Lalaland2045-n3f 7 сағат бұрын
Here’s a guy who sells everything over market value complaining about jacked up prices? What a double standard wheeling hypocrite!
@AAWGASHTADS
@AAWGASHTADS 4 сағат бұрын
His fiduciary obligation is to get his Sellers the best offer available and his buyers the lowest offer he can put together accepted . That IS that Middleman Job . If he were Not to do that he would be in violation and if found out be sued and eventually have his license taken
@Lalaland2045-n3f
@Lalaland2045-n3f 2 сағат бұрын
@@AAWGASHTADS Fiduciary duty, yes. However, if he’s representing both the seller and the buyer, that’s conflict of interest. But we’re not talking about that here nor are we saying he didn’t fulfill his fiduciary duties, we’re simply saying he’s being a hypocrite for making comments like that when he’s doing the exact same thing. Is that clear enough for you?
@Lalaland2045-n3f
@Lalaland2045-n3f 2 сағат бұрын
@@AAWGASHTADS I wasn’t talking about his fiduciary duties, I was simply saying he’s doing the same thing the renters are doing and criticizing them for it. So according to you, if agents have a fiduciary duty to get the highest amount for the home or rental property, the agents who helped lease those homes at a markup are technically upholding their fiduciary duties, then why is he calling them out for doing the same thing he’s doing?
@stephaniekc
@stephaniekc Сағат бұрын
I was thinking the same lol
@CatSpew1000
@CatSpew1000 Сағат бұрын
He's obnoxious af
@vanessar1695
@vanessar1695 8 сағат бұрын
If the government was able to put bus loads of illegal immigrants in hotels in NYC..I would hope we could do the same for legal citizens and honest taxpayers!! Why can't we show the same love for our OWN!!and I'm pretty sure they got more than one lousy payment of $770 dollars! I think they got debit cards, food stamps and free rent!! Bunch of BS..
@EricKorbly
@EricKorbly 8 сағат бұрын
Word
@mscarolynnigro
@mscarolynnigro 7 сағат бұрын
Because that's racist
@dianeibsen5994
@dianeibsen5994 7 сағат бұрын
Amen. Narcissistic society. Every man for himself. I guess sadly that's what our capitalistic, American society was built on. Why is there such a huge divide now between the rich and the poor..And tons of ness here now too!
@WillsExploration
@WillsExploration 7 сағат бұрын
Right on.
@asabovesobelow7981
@asabovesobelow7981 7 сағат бұрын
EXACTLY!!!!!!!
@Codaltriton030
@Codaltriton030 8 сағат бұрын
This guy is part of the problem.
@dianemccloud5990
@dianemccloud5990 8 сағат бұрын
Yep....
@bryanhudson1322
@bryanhudson1322 7 сағат бұрын
Yep yep
@sylvialupehernandez9154
@sylvialupehernandez9154 7 сағат бұрын
Why is that? 😡
@Codaltriton030
@Codaltriton030 6 сағат бұрын
Because he's part of the mortgage industry that has made tons of profit off of record high housing cost and now he's trying to play a good guy in that business and meanwhile in this video he is literally pushing the agenda of scarcity and fear even further into everyone's mindset ever more, I'd hope Chris Como would or will put that together.
@billyhorton5779
@billyhorton5779 6 сағат бұрын
Como is also a tireless self promoter that wont go away!!
@mermaid30019
@mermaid30019 2 сағат бұрын
Nice when a shady salesman tries to act innocent.
@ekop1778
@ekop1778 29 минут бұрын
HES A RIP OFF I HEARD SELLING LA YEA RIGHT ALL SCAM HE PUSHED FOR THAT 30 MILLION DOLLAR MALIBU HOUSE THAT WENT TO A FOREIGNER- A CHINEESE DUDE
@izMelissa
@izMelissa Сағат бұрын
The wealthy people in the Palisades and Malibu will be fine. The inhabitants in Altadena and Pasadena require the most assistance.
@ema-xl6rk
@ema-xl6rk 2 сағат бұрын
No one is talking about how many people lost their jobs. If a school burned down, all the teachers lost their jobs. If a store burned down, the same is true. Not all are rich there. I am from Europe but just thinking.
@grungestoryteller
@grungestoryteller Сағат бұрын
Yes I know someone who was a caretaker for a elderly woman who lived in the Pacific Palisades..she's coming with me back to Seattle.
@gee1363
@gee1363 6 сағат бұрын
This dude wll over charge his mother and tell her she got a good deal.
@BearDidIt
@BearDidIt 2 сағат бұрын
He and his brother Bought a house for their parents.
@MrSone73
@MrSone73 Сағат бұрын
The smile in the end explains a lot......
@chrisbrowning550
@chrisbrowning550 57 минут бұрын
😂😂 oh yes and that slick hair look makes him look even more untrustworthy 😂
@maldenstreet2549
@maldenstreet2549 8 сағат бұрын
Josh Altman saying if you asked him last week about price gouging he wouldn't even know what it is. That is because he is usually the one doing the price gouging on a regular basis. He is the one always trying to sell a property at record price and get the most commission in his pocket. Brokers like him have made developers rich and of course himself rich. He has helped make it that much harder for a family to own a home in Los Angeles County. Now he is concerned about price gouging because it is something to get some face time over right now. You won't find him volunteering to feed the firefighters or help anywhere in LA. He is too busy closing his next deal and cashing in on this tragedy.
@Dubyea
@Dubyea 8 сағат бұрын
Well said… all he does is price gouge . What a crook.
@Dubyea
@Dubyea 8 сағат бұрын
I say it again very well said…
@ACS402010
@ACS402010 7 сағат бұрын
Stop the lies. And of course he's rich. Are you jealous because he's rich? Work harder and you won't be so worried about what's in other people's wallets.
@bensj4713
@bensj4713 7 сағат бұрын
Not used to taste his own medicine I guess.
@pauloszetarinielli69508
@pauloszetarinielli69508 6 сағат бұрын
💯
@bensj4713
@bensj4713 7 сағат бұрын
He said "If you asked me two weeks ago about price gauging in real-state, I wouldn't know what you are talking about" and he live in LA, LOL. That' how much these people have their head-up their asss
@CatalinaFOIA
@CatalinaFOIA 7 сағат бұрын
Never trust a salesman.
@Lalaland2045-n3f
@Lalaland2045-n3f 5 сағат бұрын
@@CatalinaFOIA He makes $10-$20M every year and lives in Beverly Hills by selling overpriced homes over market value.
@rumorscameras
@rumorscameras 5 сағат бұрын
Sales man ia a jew but american
@howardamberealestate
@howardamberealestate 2 сағат бұрын
Not all people in Sales do it for the money....I'd like to see you close a deal on a property without using a realtor and see how easy it is.....
@CrPerez25
@CrPerez25 Сағат бұрын
Notice that he didn’t really answer the question about how property owners are getting around the rent control law (“10% rule”). Instead he jumped into “Well, we’re going to see what the punishment is….” He knows very well how about any loopholes. Some people are able to avoid the rent control law by putting “new” housing on the market, so they can set the rent price high from the start. Those “new listings” are former AirBnb’s that are now on the market for rent. This guy has to know that.
@Lalaland2045-n3f
@Lalaland2045-n3f Сағат бұрын
@@CrPerez25 He’s just another hypocrite doing the same thing others do. People wouldn’t be calling him out had he owned up to it.
@dariuszcisowski
@dariuszcisowski 8 сағат бұрын
What a devastating turn of events, going from paradise to nightmare. It is truly heartbreaking for everyone who has suffered such significant losses.
@GraniteBaygirl
@GraniteBaygirl 7 сағат бұрын
Paradise is gone and had twice as many homes burned in 6 hours. This is horrible. That was horrible too
@dezmarinvestmentsllc9964
@dezmarinvestmentsllc9964 7 сағат бұрын
The rich folks in the Palisades and Malibu will be just fine. It is the people in Altadena and Pasadena that need the most help.
@gayaneg.3805
@gayaneg.3805 6 сағат бұрын
They’ll be fine financially, but not so much mentally. We can’t just value people by how much money they have. A lot of families in Pacific Palisades had homes passed down to them for generations, before the area was considered for the rich and famous.
@chuckywang
@chuckywang 5 сағат бұрын
I think you're overestimating the wealth. Yes there are super wealthy people but also a lot of regular folks whose family has been living in the Palisades for generations.
@Lalaland2045-n3f
@Lalaland2045-n3f 5 сағат бұрын
@@dezmarinvestmentsllc9964 I think this is the problem in the society, that people automatically assume rich people will be fine and do not need help because they’re rich. Rich people are the biggest contributors to the nation, but why is that they get the least amount of help when they’re in need of help? They are entitled to that help more than anyone for that matter!
@Lalaland2045-n3f
@Lalaland2045-n3f 5 сағат бұрын
@@chuckywang I don’t think it matters how rich you are, if bad things happen to you, you should be helped. Rich people pay the most taxes, but get the least amount of help while poor people pay the least amount of taxes and get the most amount of help. They are not in the business of helping the poor FYI. Rich people should be entitled to that assistance more so than anyone in these situations!
@HeadNtheClouds
@HeadNtheClouds 5 сағат бұрын
My cousin just bought a house in Altadena, has 2 babies & a mother in law she takes care of & they are not rich, ! Just regular hard working people! Quit judging people!
@PeppermintPaddy321
@PeppermintPaddy321 5 сағат бұрын
Can always live in a tent….ask the victims in North Carolina…
@ekop1778
@ekop1778 28 минут бұрын
YEA MY SIS LIVES IN THAT STATE AND STILL LIVING IN TENTS AND CAMPERS
@slayerized27
@slayerized27 20 минут бұрын
hey, at least the water is clean. resident of palestine ohio never got justice.
@anthonyrenaud5783
@anthonyrenaud5783 8 сағат бұрын
Prayers for the people of L.A.
@Karoke77
@Karoke77 2 сағат бұрын
Our drones eliminated your God 17 years ago. Your prayers will go unanswered ---Atheist Empire
@wesleyshebs2319
@wesleyshebs2319 8 сағат бұрын
lol hes not a mogul hes a salesman
@wagyu_killer
@wagyu_killer 7 сағат бұрын
who is this guy mo guhl
@ACS402010
@ACS402010 7 сағат бұрын
I sense someone is extremely jealous of Josh. Hilarious. 🤣
@ninajohnson8389
@ninajohnson8389 8 сағат бұрын
Rent is way to high in LA to begin with
@dianemccloud5990
@dianemccloud5990 8 сағат бұрын
And God has a way of letting them know, it is not feasible for common people.....Not Fair.....Soooooo, here we are......
@AyyoShyGurlTv
@AyyoShyGurlTv 7 сағат бұрын
Because of the gold rush and Hollywood and now even more so the fire 🔥 and natural disaster insurance high risk. Great… they need to make it more affordable. It should be illegal to make it that high when so many people are homeless.
@jimziemer474
@jimziemer474 2 сағат бұрын
@dianemccloud5990So God is going to make things worse by lowering supply so demand and prices skyrocket?
@rudestate
@rudestate 8 сағат бұрын
And bro, the punishment is already known - its a $10K fine or up to a year in prison. We know that the vast majority of violators will just get the $10k fine, which is already baked into the $40K/month rent for a previously $12K rental! LOL. This city is a disgrace and has a complete lack of community values. Disgusting.
@Pinkorchid72
@Pinkorchid72 7 сағат бұрын
@@rudestate dog eat dog. Heartless landlords
@rudestate
@rudestate 7 сағат бұрын
@@Pinkorchid72 They are just rent-seekers, adding no value to society. Houses should not be investments in the way that they currently are, but decades of inflation (and the easy leverage a mortgage provides) that make people park extra cash in homes that people should be living in! Park your money in an index fund if you're lazy and want a return, OR start a real business that offers a product or service that the market wants. Real estate should not be this expensive and so far out of step with the wages of the local population. This is one of the many ills that inflation does to a society over time. Demand more from your politicians who tax you - either with your voice (vote) or with your feet (exit).
@robstumpf
@robstumpf 7 сағат бұрын
This is nonsense. Why shouldn't I get the maximum value for my property? Why should I be forced to subsidize a buyer?
@d3vi0uz1
@d3vi0uz1 7 сағат бұрын
@@rudestate You do realize that "parking your money in an index fund" inherently means you're investing in real estate indirectly through major funds owning commercial and residential real estate that is bought and sold to produce the gains investors want.
@rudestate
@rudestate 7 сағат бұрын
@@robstumpf Not saying that you shouldn't! It's a free market and I believe in it!! The government should have no say in how much you can charge for YOUR property, whatever that property is. NO to socialism! I am saying that the incentives are so messed up that investors feel the need to pile all their cash into real estate to protect it from inflation - homes have become savings tools because the US dollar is so bad at being a saving tool itself. And the result of all of this, is you get a landlord class and renter class and over time, that creates terrible friction in society. It tears community values apart.
@robcha8987
@robcha8987 7 сағат бұрын
What a fraudster! I recently received an application for rent for a property I was listing from one of his associates and all they cared about was how much commission they were getting. It is not that bad here in LA. I have another listing in the valley listed well below market that received fair amount of applications; nothing like this guy is exaggerating about. He is a fraud! His associates care nothing about but their own commissions. These guys are people I would avoid as a consumer.
@dongordo63
@dongordo63 6 сағат бұрын
As a realtor for over 25 years, I can tell you......98% of realtors are not like this guy. Notice how he brags about all the business he's doing? Notice how he keeps talking incessantly? And how many times he says....."I, I, I..." We in the 98% are hard-working and devoted to our clients, just trying to help them get what they want, and do it according to the law and proper business ethics. We spend 2-3x more time listening to our clients than we do talking. Sorry for the rant, but this guys really bugs me. PLEASE.... do not assume all realtors are like this one guy! We are not.
@eileenj8580
@eileenj8580 Сағат бұрын
What is wrong with him talking about helping others find a place. He is successful.
@GraniteBaygirl
@GraniteBaygirl 7 сағат бұрын
Yes most won't go back. Nobody wants to listen to nail guns and construction crews from 6:00 in the morning till 6:00 at night for the next 5 to 10 years
@Cucumberflavoredmustard
@Cucumberflavoredmustard 6 сағат бұрын
That's only part of it. The clean up, red tape, redesigns, new environmental studies, and navigating all the illegitimate contractor grifters sure to plague the area...that process will take a couple of years before the shovels even hit the dirt on the rebuilds.
@AAWGASHTADS
@AAWGASHTADS 4 сағат бұрын
And lest we forget if what we have been hearing about deportations a large number of the people that would be doing the cleanup , landscaping , and at least the basic construction jobs on this Massive project won't be around to do those jobs . Who will do all this work ?
@fififirestone3787
@fififirestone3787 4 сағат бұрын
@@AAWGASHTADS Even without deportations, there is not enough labor to rebuild what has been lost. There's going to be a shortage of labor and materials.
@AAWGASHTADS
@AAWGASHTADS 42 минут бұрын
@@fififirestone3787 Correct . And With mass deportations ? Forget about it
@richbrake9910
@richbrake9910 2 сағат бұрын
Who's ready to pay $5k-$6k monthly for a 1,000 square foot apartment in CA?
@stephaniekc
@stephaniekc Сағат бұрын
1000sft? More like 800sft.
@Hanover-ek4jy
@Hanover-ek4jy Сағат бұрын
Another multi millionaire talking to another multimillionaire!
@dhowto3005
@dhowto3005 7 сағат бұрын
Condolences to the families who lost a loved one.
@conniemurphyover70stillgla47
@conniemurphyover70stillgla47 8 сағат бұрын
they will probably build APTS. now and ruin the beach again
@thepcal9654
@thepcal9654 5 сағат бұрын
That’s what Newsom has already said when he talked about “land speculators” who are already working on redeveloping Maui.
@atg2269
@atg2269 8 сағат бұрын
dudes salivating on a time like this. he's gonna be making money
@superbwater78
@superbwater78 8 сағат бұрын
He's already a millionaire.
@shams6662
@shams6662 8 сағат бұрын
real.
@atg2269
@atg2269 8 сағат бұрын
@ always can make more
@ACS402010
@ACS402010 7 сағат бұрын
Uh, he's already a mult-millionaire many times over. Do your homework before running your mouth
@atg2269
@atg2269 7 сағат бұрын
@@ACS402010 settle down josh
@NYJanus
@NYJanus 8 сағат бұрын
Uhh there’s tons of rentals available at the same prices as before all over LA. Maybe the houses that only wealthy people can afford and in certain districts are being price gouged. I’m a fan of this channel but tired of the sensationalization all over the media.
@andrewsievers8136
@andrewsievers8136 8 сағат бұрын
Damn, you are right. Just looked, there are 50,000 rental listings, 15,000 for sale listings across Los Angeles. Rental prices going up by 60% in Beverly Hills is supply and demand. These NIMBY deca-millionaires that benefited for decades from low development in these exclusive enclaves aren't entitled to equivalent properties at pre-fire prices. Also, who's to say 20% or 30% increases in rent is price gouging? These landlord's home insurance is about to quadruple if they're even able to find a private insurance provider. The government interfering here is going reduce rental supply. Landlords will sell the homes to private equity or list them on Airbnb as short term rentals.
@BettyBlack99
@BettyBlack99 6 сағат бұрын
@@andrewsievers8136u realize more than half of those are just for advertising to draw u in. But sure, believe everything u read online. Ur just a rich hater. What if someone told u after u lost everything to go live somewhere else. Maybe that’s so all ur friends could go loot their house while they r farther away
@V.E.R.O.
@V.E.R.O. 6 сағат бұрын
Yeah, I'm in Burbank and saw several rentals on Nextdoor. Rooms, apartments, ADUs and houses available at the normal price before the fires.
@sylviat9692
@sylviat9692 7 сағат бұрын
Californians just voted overwhelmingly against Prop 33 this past November, which would have expanded rent control. Swallow that pill
@BettyBlack99
@BettyBlack99 6 сағат бұрын
Completely irrelevant to this situation. U forgot to say for the 5th time. And we would do it again any time it comes on the ballot. If there was rent control there would be nothing to rent & u’d be stuck with those renters
@stevenyu5384
@stevenyu5384 6 сағат бұрын
Prop 33 was ill conceived. Lack of inventory is root of the problem.
@jankin23
@jankin23 7 сағат бұрын
So sad for California. Praying for all of you.😢
@misterjwestcoast
@misterjwestcoast 6 сағат бұрын
The palisades was the rich American dream let’s be real.
@lesliesChannel-hu8gr
@lesliesChannel-hu8gr 7 сағат бұрын
Been homeless in my own country since Covid. Old and disabled The american dream!
@USAFINEST
@USAFINEST 2 сағат бұрын
This man is talking about $10,000 a month for rent casually like that’s a fair price
@vanchick3262
@vanchick3262 7 сағат бұрын
I smell a super hike up in an already INSANE RENTAL MARKET IN CALIFORNIA!!! All those BILLIONS of dollars given out to other countries should have been spent on AFFORDABLE HOUSING HERE IN THE U.S.!
@user-oe1wz2fw5g
@user-oe1wz2fw5g 6 сағат бұрын
This is what the rest of the country has been dealing with the last 4 years
@terryowen6759
@terryowen6759 6 сағат бұрын
15 years
@ErikThomasMusic
@ErikThomasMusic 8 сағат бұрын
I am evacuated in a nice hotel room in the beach communities of Los Angeles a few blocks from the beach due to the fires. Ive been for a week. There are a TON of hotel rooms available at nice hotels and the prices are normal.
@Nikitateagurl_77
@Nikitateagurl_77 8 сағат бұрын
Have you thought of moving to south east asia like Thailand or the Philippines temporarily? 600$ a month gets you a nice furnished 1 to 2 bedroom beachfront condo.. even 3 bedroom house.
@riobrasilsambashowssambist1453
@riobrasilsambashowssambist1453 8 сағат бұрын
Where are you going to live in the next few years? No one will be able to move bcz not enough housing for years from come.. not these weeks
@firehorse66elaine
@firehorse66elaine 7 сағат бұрын
Most people do not have extra funds for hotel rooms even at a hotels "normal price" so what is the normal price ?
@lydiaguimaraes7009
@lydiaguimaraes7009 7 сағат бұрын
Bullshit
@pineconebliss
@pineconebliss 7 сағат бұрын
Nice to hear this..What is the hotel rate per day or week?
@hammertyme8392
@hammertyme8392 3 сағат бұрын
It's not price gouging. It's supply and demand. The same as airlines raising prices during the holiday season.
@suedavis3525
@suedavis3525 Сағат бұрын
Price gouging in this situation is beyond disgusting.
@timtebowfan628
@timtebowfan628 7 сағат бұрын
I grew up in LA in Sherman Oaks and Encino and to pay even 5,000 a month for a house is crazy. Its just not worth it.
@lostoffgrid8927
@lostoffgrid8927 3 сағат бұрын
We are at war and we're losing the battle. So tragic to witness this misery.
@jordyb57
@jordyb57 Сағат бұрын
What is wrong with price gauging? How is it any different than any other example of supply and demand? Genuine question 🤷🏾‍♂️
@nickyb7266
@nickyb7266 6 сағат бұрын
People suck! Profiting from tragedy is a new low! 😢
@tk4c415
@tk4c415 5 сағат бұрын
how about the corporations that have been doing it forever.
@nickyb7266
@nickyb7266 27 минут бұрын
@ I’m sure people are to blame for that too 🙄
@ref6066
@ref6066 8 сағат бұрын
Time to leave California.
@sundance9042
@sundance9042 2 сағат бұрын
This sounds like the Australian rental market.
@PlayPauseRecord535
@PlayPauseRecord535 6 сағат бұрын
The prices have been insane since 2008, now it’s plain out unrealistic and there is no life support in sight.
@georgeh1131
@georgeh1131 Минут бұрын
The good news is that CA saved millions by cutting the fire department, not maintaining their water supply, and not maintaining their forest.
@PP-mz4hv
@PP-mz4hv 8 сағат бұрын
Price gouging for housing is on-going. Everybody knows that.
@riobrasilsambashowssambist1453
@riobrasilsambashowssambist1453 7 сағат бұрын
Not since the tenant protection acts of 2020
@cjmedi5526
@cjmedi5526 6 сағат бұрын
That is so sad that people are price gauging and taken advantage of people/families who are desperate to find a home after their own homes burned down. How heartless and no show of empathy or compassion for the people who went through this traumatic situation. The people price gauging just showed how greedy they are.
@QPham3112
@QPham3112 8 сағат бұрын
realtors gonna make so much money in this crisis.
@terryoneill7432
@terryoneill7432 Сағат бұрын
Why do people in California who lost their homes in fires get to freely walk around and see their destroyed property but PEOPLE IN HAWAII WERE UNDER COMPLETE LOCKDOWN, HARESSED BY POLICE , HAD THE ENTIRE AREA BLACKED OUT AND FENCED, NO DRONE ACTIVITY AND NO REPORTERS ALLOWED INSIDE THE AREA. THAT WAS VERY SUSPICIOUS BY THE HAWAII GOVERNORS OFFICE AND THEN LAND GRABS BY DEVELOPERS.
@Cucumberflavoredmustard
@Cucumberflavoredmustard 6 сағат бұрын
The govt bans rent increases of over 10 percent, but they are all too happy allowing taxes and insurance to outpace that.
@cjsalmagundi9965
@cjsalmagundi9965 32 минут бұрын
No body was price gouging in real estate two weeks ago? You REALLY wouldn't of understood what one was talking about?
@MWLA2
@MWLA2 2 сағат бұрын
"NO ONE?" REALLY BRO? Maybe not $20K/mo rentals. 99,9% of folks from the Palisades are doing just fine [*financially]. We need to focus on the Eaton fire damage
@ajk2009
@ajk2009 8 сағат бұрын
thank you for this coverage ...
@MshAhmxiO1
@MshAhmxiO1 4 сағат бұрын
Chris, please create a piece on the blockades preventing people from saving their pets in the evacuation zones. There are many visiting brigades, with fire fighting training they could escort Cleo Critter rescuers or ? Please help them by illuminating the issue with a quick solution as time is of the essence (day 10).
@sammccool5480
@sammccool5480 2 сағат бұрын
There's a program called rural studios out of Auburn university that has something called the 20k initiative. They build houses with passive heating and cooling for 20k. We need that in LA.
@dhab146
@dhab146 6 сағат бұрын
Almost all realtors are gouging and profiting from peoples misery. Supply and demand simply put.
@toastecmo
@toastecmo 7 сағат бұрын
These poor folks have even been coming to Ventura County for homes to rent/buy.
@StardustMonkey
@StardustMonkey 6 сағат бұрын
Same thing happened in my hometown of Santa Rosa when it burned down in 2017… all the rentals went from $2500 to $6,000+ by the next week after the fire. The prices never came down to previous levels and stayed around 3,500 for a house after that bump up
@mateocafe45
@mateocafe45 8 сағат бұрын
Lots of folks will have to leave the area or even the state.
@ubiquity02
@ubiquity02 8 сағат бұрын
That's exactly what they want.
@mateocafe45
@mateocafe45 8 сағат бұрын
@@ubiquity02 Sadly, I think you are right.
@DanaWill__
@DanaWill__ 6 минут бұрын
Born and bred in Los Angeles, and I know for a fact the people that lived there won’t be rebuilding nor going back. The “Pali” community was an oasis within Los Angeles County for the rich or those not so rich to live their normal everyday lives amongst themselves. You didn’t see paparazzi. Noand no one was asking for autographs. It was a hidden gem that’s sadly now gone. The people there cherished their privacy. Now it’ll just be a tour spot like Rodeo Drive.
@firehorse66elaine
@firehorse66elaine 7 сағат бұрын
It is tragic, but it should be no surprise, this has been going on for ordinary people for years now
@irishcherokee8884
@irishcherokee8884 7 сағат бұрын
Leave Los Angeles .Problem solved.Can’t imagine wanting to live there.
@A.Rose.G
@A.Rose.G 3 сағат бұрын
Oh. THIS guy.🤦
@S62r
@S62r 59 минут бұрын
All American neighborhood: average home costs 10mm
@DanielleKramer-ef9gx
@DanielleKramer-ef9gx 2 сағат бұрын
It's kind of weird there's cheap rentals all over Airbnb. All over LA one of my friends just booked them whole house out there really cheap on two days notice so I went and looked myself and there's all kinds of rentals.
@gerritrut7976
@gerritrut7976 7 сағат бұрын
This guy is a user.
@leopoldomartins8969
@leopoldomartins8969 2 сағат бұрын
Governor and mayer must go to jail
@margaretmacneill3133
@margaretmacneill3133 Сағат бұрын
This is where the governor or state need to put a ceiling on rental prices to protect homeless and people who lost homes.
@mikemann1638
@mikemann1638 2 сағат бұрын
That's what the government calls supply and demand when they raise prices right
@BornintheUSA-1984
@BornintheUSA-1984 Сағат бұрын
Enjoy all of the regulations you voted for!! No one will be able to pull a permit for 5 years. Just put a mobile home on your land because you will still owe property tax and your mortgage while waiting for those permits!
@Gmac_Greg_M
@Gmac_Greg_M 12 минут бұрын
If a person decides to delist their property for sale and instead list it for rent at crazy high prices, you can’t do anything about that. That will bypass the 10% rule. If someone decides to list their 2nd home that was vacant you can’t do anything about the high prices as it wasn’t listed before.
@christinehede7578
@christinehede7578 6 сағат бұрын
10000 plus homes gone, naturally rentals will be very thin on the ground.
@carolinapascua3672
@carolinapascua3672 7 сағат бұрын
Just buy an RV for the meantime.
@erikmcbride9934
@erikmcbride9934 8 сағат бұрын
I have a feeling this will happen again. Its just a matter of time. City planners and builders need to start thinking outside the box. If it could happen once, it could happen again.
@gerin.6418
@gerin.6418 8 сағат бұрын
💯
@Pinkorchid72
@Pinkorchid72 8 сағат бұрын
It's happened before in the 1970s
@superbwater78
@superbwater78 8 сағат бұрын
It's been happening since man lived there. It's not a feeling, it's a fact.
@gerin.6418
@gerin.6418 8 сағат бұрын
@@Pinkorchid72 Look up the Bel Air fire in 1961
@socialmedia-x8e
@socialmedia-x8e 6 сағат бұрын
In the future, more homeowners will stay behind and protect their homes and neighborhoods.
@James-oo7bv
@James-oo7bv Сағат бұрын
You get a travel trailer and park it in your yard. Problem solved.
@JohnCosmas
@JohnCosmas Сағат бұрын
Hire a portable home and locate it on your land
@SharCreatingVibes
@SharCreatingVibes Сағат бұрын
He is complaining that he doesn’t have rental for business. He is a real hypocrite.
@jasonking6892
@jasonking6892 3 сағат бұрын
Good info Josh. Thx
@jasonmazurkiewicz6960
@jasonmazurkiewicz6960 Сағат бұрын
Even if your house survived you get to deal with the noise of homes built all around you
@dgaoyamaat
@dgaoyamaat 52 минут бұрын
1:01 price gouging in RE is why a small home in California that needs to be renovated because everything is old and outdated lists for $100,000,000 is price gouging.
@RAE-homely-fairy-of-the-light
@RAE-homely-fairy-of-the-light 10 минут бұрын
I'm truly sad and praying for you all in LA xxxxx love from Australia xxxxx
@LindaQueLeenda
@LindaQueLeenda 6 сағат бұрын
A lot of people are making the jump to leave LA soon..
@-3as504
@-3as504 2 сағат бұрын
But I thought everyone was getting a 700 dollar check ? ….. what the heck
@phlodel
@phlodel 27 минут бұрын
People in neighboring communities will have to give up their homes for the displaced wealthy people. We'll be pushed out by the extreme cost of insurance, and the predatory landlords will buy up our homes to rent for exorbitant prices.
@corydor4218
@corydor4218 5 минут бұрын
Benefiting from people's misery is the lowest form of exploitation that exists. How can these people look themselves in the mirror and not see scum?
@nem3th
@nem3th 2 сағат бұрын
Imagine living in construction site in next 5-8yrs, and costs of construction and materials will be skyrocketing, thats why insurance wont cover it.
@ruthmonroe145
@ruthmonroe145 7 сағат бұрын
For elder people (55+), Laguna woods Village is a good place to live, either to buy or to rent.
@silvertortoise3776
@silvertortoise3776 53 минут бұрын
As a kid that moved a lot growing up. The kids will adapt and become tougher for it. You really don’t need anyone if you moved a lot as a kid. You know that.
@joemisek
@joemisek 7 минут бұрын
He says he wouldn't have known a couple weeks ago what price gouging is? Yeah, right...
@jaddek.astrie3071
@jaddek.astrie3071 Сағат бұрын
People who lost everything move somewhere else where you can pay and find a new affordable rent.
@Anon-zl4ne
@Anon-zl4ne Сағат бұрын
Sounds like the perfect time to sell a home and move out of California.
@erika8884
@erika8884 4 сағат бұрын
If you have never seen this before, visit Las Vegas. I own, however, that rentals have tripled in the last two years, and we are now the top state for the lack of affordable housing. Homelessness has also tripled.
@nickolasdugginsjr7523
@nickolasdugginsjr7523 7 сағат бұрын
Buy a RV and put it on your lit while you rebuild
@TheNostalgicNetwork
@TheNostalgicNetwork Сағат бұрын
I worked for these guys several times. he is a good dude. If anyone can get the job done it is Josh and Heather.
@RjMulan
@RjMulan 16 минут бұрын
Couldn't find rentals even before this
@RektemRectums
@RektemRectums 2 сағат бұрын
If Chris Cuomo is starting to be reasonable, I'd say cool. Keep it up, man! And thank you.
@wcswood
@wcswood 2 сағат бұрын
This guy and his ilk have been driving rental prices through the roof for decades.
@robinberg3888
@robinberg3888 2 сағат бұрын
We love you Josh Altman! Keep up the good work!
@bobmalooga335
@bobmalooga335 2 сағат бұрын
Noone can find a 6 million dollar rental! These people cant just live in the valley with all the peasants.. this is insane!!
@carolyneverett762
@carolyneverett762 3 сағат бұрын
They should put a cruise ship off the coast and let people live there, while their homes are being rebuilt.
@ashley1358
@ashley1358 Сағат бұрын
And he is part of the problem why people across America can’t find homes for reasonable prices. Look at how messed up his other home is. People like this are grimy and in tired of oily bohonks
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