RENT PRICES SOAR! Why Rent Is Rising In The U.S.

[@JerryPinkas]

AFFORDABLE HOUSING - When Will Affordable Housing Be Affrdable? -> kzbin.info/www/bejne/kHmzgKBqq86Ela8

[@crand20033]

When you settle for government subsidized housing.

[@juanmorales4377]

That's why you got a lot of people homeless in the street with the rent too high

[@pjf3837]

Bull, substance abuse and untreated mental illness are the major causes of homelessness.

[@cna2009]

they talkin about kids going back home to their parents now you got parents moving in with their kids. everybody out here trying to survive now

[@FMWheels]

Ignore the fact that AirBNB has taken up inventory. Ignore institutional investors, and REITS manipulating the markets. These investors are taking advantage of places with low regulation.

[@chelseawoods628]

I am priced out of the market. The rent here is 1,400 to 1,700 a month at an apartment complex that I used to pay 500 a month for a 1 bedroom and the two bedrooms used to cost 650. This is the state of Mississippi

[@annstillwell730]

It's crazy in Missori too. My former 2brdroom apt now rents for $1200 A MONTH. i paid $745 a month 2 years ago. I bought my condo just in time it was only located a block away.

[@yassirizzaki2374]

My goodness 😢

[@TheBreezus]

I was renting in Tarzana,CA in 2019 to 2020 during that year I started the process of looking for a house. I started in January 2020 and didn't move in until December of 2020. Since I've bought the home, the value has increased. I havent worried about the house price because I wasnt ever planning on selling the house ever. From my POV I got in the market before the crazy appreciation. I feel for the folks who are looking because it takes a while if you arent going all in cash, but it is well worth it imo.

[@acajudi100]

I have been coming to Mexico, mainly Acapulco since 1962. I do speak Spanish as a second language. I moved permanently to Queretaro, Mexico on 11-2-2021 at 79 . I moved because of the deadly crimes and the rents, utilities etc. taking almost all of my retirement income. It is safer, beautiful and cleaner here, and $850 per month less expensive. There is not any shortage or limits on food, and I use home delivery, as I did in the USA . I use Amazon-Mexico to order the foods, that i miss from the USA, and are not sold here. Grits, Louisiana hot sauce, Hormel Beef tamales, Libby's Corn Beef hash, Red chili flakes, and Campbell's chicken noodle soup.. Pork is all that I do not eat, and I cook 99% of my food. Butterball has the best turkey bacon! The earthquakes were the deal breakers for Acapulco, but I will always love her. Grilled Red Snapper and Pollo Felez are my favorite foods, that I order for take out. My apartment has a fantastic view of all of Queretaro, all utilities and WiFi, maid service, and 100% furnished with everything, and a beloved king size bed, like at home. I am working on my temp retirement visa, since I did get 180 days, but at this age, I do not want to do visa runs, and never know how many days I will get. It is better, if you can to get the temp retirement visa. God bless the world,and please behave. Hands are for helping and not hurting. Put a d before anger, and you get deadly danger. Do not argue! No one can ride your back, unless you bend over. Only the strong survives. Treat everyone, the way you want to be treated. Karma never loses an address, and we will reap what we have sown. DO THE RIGHT THING ALWAYS!

[@godschild5189]

Great advice! God bless you!

[@TVHouseHistorian]

After looking for over a year, I finally found a home to purchase in 2019. I knew if I waited just one more year, I would be priced out of the market. My monthly mortgage for a 4-bedroom, 2.5-bath home is less than it would cost to rent a 2-bedroom, 1-bath apartment. The house is a little too large for just me, so I rent out the two back bedrooms. It turned out to be a good decision, because that extra rental income helps me reduce my debt and get the house paid off quicker. Plus it's nice to not have to worry about rent increases anymore. I feel for everyone who is dealing with rent increases while their wages remain the same. In my region of the U.S, it takes a single income of about $100k in order to purchase and maintain a home, and even then you sometimes find yourself looking for side gigs to cook up some extra cash just to be comfortable.

[@TexasMade903]

Congratulations 👏

[@ft9kop]

Treat your tenants well 😊

[@morningloves5850]

These are the Brains of GREED...THANK YOU FOR UNITING YOUR HOME...PEOPLE HAVE TO COME TOGETHER...THATS THE BOTTOM LINE.

[@dannydeluca5365]

Rent and mortgages went up because of greedy people!!

[@mikeshoemaker1909]

Rent went up because you robbed landlords and now they robbed your criminal asses

[@musictosoothe]

Another reason is in some places, people being allowed to stay in rental houses without paying the rent. For each one of those, that's a house that is off the rental market.....and one that will make back that lost rent on the next tenant and to compensate for possible gov't interference again.

[@CurtisAlexandermusic]

I'm not in the US. I'm in Ontario. We get very similar problems in our area. Rent has gotten inflated. Prices are too high. Landlords are asking too much for too little. The value is smaller than the price of the rent. Even old apartment buildings are asking 1800 for a small 1 bedroom, the same price as a new 1 bedroom apartment in a new building down the street. Old outdated buildings are trying to take advantage of the crisis, by pretending they are of the same value as a new, updated building. For the person looking to rent today, the price being asked for is not what you get. These are rip-off prices. So, I am staying put for now. I currently pay well below the average rent and I have a good relationship with my landlord. Sure there are some minor issues here and there, but I am avoiding the whole issue by keeping my current apartment which is quite stable. I am not renting within a house, which is good because houses get sold and that can make life difficult for renters. I am in a multi-use commercial/residential building where long-term rental is much more feasible.

[@cynicalcindy1434]

Notice how they only refer to major metro areas. How about the prices of suburb towns lining those big cities? Prices have gone up way more than 40% in the past couple years.

[@michellemarie1197]

I should've bought a house when there were more affordable housing options, we live in a small town and rent isn't bad but it is going up, and now all the homes cost 2 to 300k which is ridiculous, ive always paid my rent on time didn't need pandemic help but now our landlord is wanting to sell the house we are in, so we don't know if the next person will want us out or increase our rent, our rent in just rent alone is $1k a month, not including the pet deposit, or having to pay all utilities or that it's an older house and most of the appliances we had to get ourselves, and we do all the yard work and snow removal and while it's a single family home and has a descent driveway and has two bathrooms, it is a fixer upper, we don't have an actual garage, we don't have central heat or AC

[@atteroljones6936]

How can there ever be "affordable" housing when the very cost of materials is inflating? Add to that the leverage folks in the trades have now to demand increased salaries. Seems to me, the only way to build affordable housing is if the government is the buying entity, buying in bulk and able to negotiate a sub-market price for materials.

[@auditrevor]

Yeah cause the government would do a great job with that. They can’t even run usps efficiently. I worked for a Oregon state hospital as a temp and I was in charge of their employee state issued cell phone plan. They had a monthly phone bill that totaled $41,000 for about 750 employees, the best deal they could negotiate was $54.86 per line with a pos old outdated device, .5G of data and 300 minutes per line. My friend who works at t mobile was able to get us unlimited everything with a free new iPhone for $9.86 a line. The state wouldn’t go for it. Also out of the 41 thousand dollar a month phone bill Oregon state hospital was paying 23,000 of that was for phones that had absolutely zero usage for over a 12 month period. Literally you couldn’t flush that much money down a toilet if you tried. It wouldn’t happen. Blows my mind how fucking wasteful the government is yet people still look to them to fix stuff. Everything they do turns to shit and the more the “help” the more you’ll see the super rich profit and the middle and working class suffer.

[@crand20033]

Don't forget the the price of land goes up too as land becomes more scarce.

[@jimwolfmeyer6664]

Up 57 percent here, unreal and making it impossible for the working class to afford to live any longer. here in South Florida

[@VibingCat39]

It's not supply and demand, its greed. It's funny how people are moving out of these big cities in droves and yet their rent is increasing. Let that sink in.

[@sprague49]

One of the things I've learned in life is that rents ALWAYS go up, up, up. Any renter who isn't looking for a house somewhere in the USA that they can afford is a fool. There are plenty of places here where incomes and housing affordability are in balance. However, if the hipster nightlife and trendy cafes are something you can't do without, then enjoy your tent and stop complaining.

[@celebricats]

Says the bitter old hipster.

[@bralex970]

Thank you, these youngsters and old people need to be taught a lesson

[@dahbajanman7044]

We all have to stop working at some point and the way it's going with rent you definitely a home.

[@thesoccertrotter1]

@@celebricats bahaha youre a shame, pretty soon you'll be a Boomer too

[@celebricats]

@@thesoccertrotter1 you don't become a baby boomer it's a title given to those born after WW II through the late 1950s. A generation known for its self-serving behavior.

[@kathleencernetich6243]

If food and fuel doesn't break person the rent increases is making a lot of people homeless

[@daisywoodsakacocoagriot5883]

I rented a place outside Austin, Texas in December of 2020 for $1,387 per month for a 2bd, 2bath. The same floor plan was listed for $2,200 in less than 1 year. How are people supposed to make it? I am not paying that much, but my rent increased significantly when it was time to renew my lease.

[@finalchapter24k]

You need more than one breadwinner per household. I predict more marriages and more relatives living together to bring more breadwinners together under one roof.

[@helena3631]

Multigenerational is the only way at this point

[@bev7236]

Move out of Austin.

[@MrPrettyBoyChina]

@@bev7236 it s all over America not just Austin

[@bev7236]

@@MrPrettyBoyChina It is not as inflated as cities such as Austin. The average American can't afford to live in Austin, Seattle, NYC or Miami, etc. Unless you make the large income for those expensive cities, you need to move further out or to another affordable city.

[@oldstocks]

Landlord costs are up - rehab, water heaters, plumbers, electricians etc. -

[@hnstlywhtevr]

Moved back home bc rent was too much! I wanted to stay a year and buy a house but I’m getting more pessimistic about that even being an option as the days go by.

[@goupigoupi6953]

I'm paying less than $1800/month on my mortgage, while building equity. Renting is a bad idea, at the end of the day you're left with nothing.

[@TruthSeekers369]

But can you maintain the property at the level you purchased it or will it degrade over time because you can't afford the proper repairs? That's what usually happens to most people. After 20 years the house is falling apart so be sure to maintain it and it will cost a lot more than $1800/mo if you do it right.

[@goupigoupi6953]

@@TruthSeekers369 We can afford a house 2-3 times more expensive than this, but we are downsizing in preparation for retirement. There's a lot of extra income available for repairs, but the house was in pristine condition, so for now we just pay extra towards the principal.

[@TruthSeekers369]

@@goupigoupi6953 - Why do you have a mortgage? That means you cannot afford a home 2 to 3 times more expensive if you still owe on the 1st one. I own 18 houses and none of them have a mortgage. Not bragging just making a point that having debt and thinking you can afford more is not the way to think. Get out of debt and then talk about what you can afford.

[@buildingbuildercip8292]

@@goupigoupi6953 sounds like you did really good. R/E is a great hedge against inflation. You’re better off using the banks money at a cheap interest rate rather than paying it off. I own several houses… 7 of them are paid off, but with interest rates near historical lows vs the current inflation, that is not transitory… the smart money’s s borrowing. You are still able to get a right off too…so your $1800 a month mortgage is comparable to renting for like $1400 in rent, and your paying down your balance by like $7k every year. I set aside 1% of the home value for home repairs. This is more than enough to cover average annual maintenance costs. Congratulations on your great deal.

[@goupigoupi6953]

@@TruthSeekers369 The bank preapproved for a much more expensive house based on my income, but I'm not sitting on a pile of cash. I could only put down 20%. And yeah, I own another property, fully paid, on which I'm getting rent.

[@davidfrank3335]

The government needs to step in here. We need a cap on rent.

[@Dumbluck14]

They already stepped in hence the mess we are in now.

[@JaYvInJB]

Refinanced from a 5% rate 30 year mortgage back in April 2016 to a 2.79% rate 20 year mortgage back in March 2021 in Mansfield TX. With the crazy housing market out there, I'm comfortable and staying put.

[@Ted_E_Bear]

Thanks for sharing the information , Jerry !

[@MrWelfarehater]

How high does the rent has to go, before Landlords run out of renters. What am I doing? Well I have 2 options in Tampa. Since I hate living in a motel, a second job, or selling my car and buying a minivan and save up for a down payment in a couple of years. That minivan is starting to look awful tempting. I cannot afford to rent here even though I make almost 50 thousand a year. I was actually paying 725 a month in 2021, before my place was sold. In 2017 I was paying a whopping 425 a month. My places are usually all right, crappy place, affordable rents, great relationships with the Landlord (excellent rent paying tenant), then a new owner comes in and everything goes in the toilet. Although your video sucks, I gave it a thumbs up. You are great in providing the facts, it is just the facts sucks.

[@Laura-pi6ht]

Not fair, the property taxes are out of control. I live in Texas, our taxes went from 3400 to 6000. I'm disabled so I got 500 off , it's down to 5,400. Still too high.

[@Dumbluck14]

And it’s not just the rent. Application fees, Administrative fee, Deposit, animal deposit and additional pet fee and monthly pet rent, storage fee, parking fee. I could go on. Each fee is hundreds

[@bogdan78pop]

I don't charge a pet deposit, or a pet rent........ i just don't accept pets...!!

[@finalchapter24k]

Landlords now must factor in a possible rent moratoriums (local and federal) into the risk calculation when setting rent prices. That alone is likely worth a 20-30% hike in rents. You can thank your freeloading neighbors next to you than went 24 months without paying rent due to "covid hardship" for YOUR rent going up 30%. Tenants will always pay in the end.

[@disf5178]

Maybe so.. but rent cost was out of control in many areas long before the moratorium. Its greed

[@Dumbluck14]

The postal service told our apartments that the mail boxes needed to be replaced or they wouldn’t deliver mail. There was nothing wrong with the mail boxes. But guess who paid for that in higher rent.

[@MrWaterbugdesign]

Well, rents don't always go up with home prices. That has been true in the US pretty much. But in many parts of the world home prices have gone very high while rents have gone way down or stayed very low such as in China and SE Asia. For many years speculation has driven up prices which caused more and more building. People buying 3, 4, 10 properties. A widespread belief prices would just keep climbing. That created a lot of empty housing so rents are very low. In the Philippines a $400k house might rent for $300-400. Filipinos look at property much differently than in the US. Never underestimate people to insanity. As you might have heard some Chinese are learning prices don't always go up.

[@endtheliesnow5906]

I understand that Florida and Texas rents are rising but It's kind of weird that New York's tents are rising. Many people are leaving New York..

[@melissatippie1293]

cash sales from companies like blackrock are raising the prices

[@vanly2156]

Great content . I am doing a great service for my tenant . I did not raise the rent since 2020. For a 2 bedrooms condo. In Freeport . Rent currently is at 1,450.00 a month . I am not making just enough to pay property management company 9% my mortgage, and HOA'S fees . per say but I rather keep it low because my tenant he takes good care of my house. After that , the return rate is like 50 bucks left . But its doesnt matter to me I rather keep good tenant in . Also, I rather not leave my condo empty either .

[@vanly2156]

Rent in Portland Maine area is so crazy high as well. A one bedroom go for 1,200 a month . It's crazy, not used to be this high .

[@viewsbyshawnee]

I’m about to rent an apartment for 1900 in Baltimore … my salary 45,000! I can’t afford this. ( 1 bedroom )

[@jlc7300]

Yes, it's killing me, I will never be able to move to a apartment. I'll probably end up in a 2 car garage with water and electric.

[@karlabritfeld7104]

We all want the same thing, to live in peace and harmony, to have food in our bellies, access to affordable healthcare, a roof over our heads. Is that too much to ask? Apparently it is to all the corporations who have their fingers in our food supply, our healthcare and now our housing.

[@vanly2156]

Great content , thank for the info. I live in Outskirts of Portland Maine. Just got preapproved for 200 up to 225k FHA loan. But I am price out of the market here. Unable to buy a house in that price range. My job is around in that town . Wish you can make a video about how or what to write an offer and win it . Thank you

[@kathymorris4553]

Seniors on fixed incomes will suffer the most. This is not okay to have seniors kicked out of housing to the streets. Nobody is doing anything about this. We need more senior housing close to hospitals and stores so they can remain independent

[@j562gee0hdeewestsdegethemuLa]

08-2012 home prices retraced 40-50%, but rent flat lined then went straight up, still uptrending to this day . Which is why Im not concerned if a crash happens because people still need homes even more in a time like that . ( not that I believe it will , I think next ten years til 2030 are going. To be great for anyone with RE portfolio ) I honestly think people focus too much on the price of an asset and not enough on its rent to value ratio or cash flow potentials . People who buy and flip in my opinion are doing it wrong, should not be looking to create taxable events , you could simply still realize these gains by 1031 exchange into more real estate = more cash flow, also more possible leverage one could heloc against ( one would have more leverage with 1031 exchange compared to someone who sold and got hit with capital gains , not to mention that cash is no longer making money from that point on ) Also all the write offs you get are another incentive , especially if you qualify as a professional status RE investor, your business income could be near taxless

[@auditrevor]

Buy and hold is the way to go. Only reason to flip a property would be to acquire more property to keep rented. People fixate on crashes way too much, they think they will buy when the market flops. When the market flops no one wants to buy lol, or you can’t get a loan at that time.

[@martingainty9623]

There was a 3family in my town that hit zillow on saturday for 300k..by Sunday nite that listing had multiple offers There was another 3family in my town that hit zillow on friday for 400k...by Monday that listing has multiple offers Investor owned properties in my city increased from 1% of total to 5% and since they are ALL CASH there is no letup I dont have data for 2022 but in 2021 alone average rents increased 1% per month

[@jerrylance6044]

I bought a single wide on an acre for 25,000. I’ll have it paid off in 30 years.

[@Risingmoon8]

Some people pay $25,000 for a car and have it paid off in 5 years. Double or triple your mortgage payments monthly. Own it outright in 5 to 7 years. Also if you get tax refunds throw those on it annually.

[@roswellramseur621]

Liar

[@ryanfrizzell736]

Stay on top & on the winning side of the rent!

[@donaldalfredo7185]

Jerry, we finally were able to visit the Grand Strand and...IT SNOWED. I want my money back! LOL. Thanks for all the great videos.

[@robertmcgee7083]

Got burned on over valued house prices in 08, never get me holding the bags on under water real estate again! Millions that bought in the last couple years are playing with fire.

[@finalchapter24k]

How did you get burned, if you would have held the asset you be up at least 40% even if you bought right before the 2008 recession. Home prices all of the country are up sharply above their pre 2008 levels.

[@xronann]

I work a full time job 6 days a week above minimum wage, into the teens dollar wise, and I still couldn't afford the rent average.

[@connerkirk1043]

I paid off my house last year and retired, I got a government grant to pay for down payment and closing costs 30 years ago

[@pennypinchhomefinder7887]

stop renting where you want to live buy where you can afford

[@j562gee0hdeewestsdegethemuLa]

Great stuff as always

[@acajudi100]

If you are retired or can work online, move to a less expensive state or country. I did, and I am retired. How about 80%.. I had to move to Queretaro, Mexico on 11-2-2021 at 79!

[@tinacaraco1893]

How’s the medical situation there?

[@thedude1666]

Rents up 30% in Las Vegas.

[@thomashenry1554]

I think this inflation has taught people the importance of multiple streams of income, unfortunately having a job doesn't mean security rather having different investments is the real deal.

[@a.merico7016]

@Fiona Moore Except nobody is listening to Jerry because they want crypto advice. Cmon, stop fishing.

[@theshield1613]

Stimulus caused this inflation

[@davidjasso178]

@Roderick STOP LYING YOU LOST 50% TRADING IN CRYPTO

[@tacolover274]

her in ca los angeles county i been out bid several times and now im out price I just can't or won't pay 589 k for a 2b 1 bath 875 sqf noway in a bad part of town

[@perpetualmotion8090]

As soon as my lease is up in 3 months, I am getting out of the clenches of the land "lord" for good and not going to even find out how much the rent is going up because I don't care. I am going to sell all my furniture and buy a travel trailer and park at a nearby RV park for a whole lot less. No more being locked in a lease and I can leave whenever I want! Goodbye Mr. Land "lord"!!

[@icemike1]

Because shelter is a necessity

[@crand20033]

I'm a homeowner and to be able to afford a house I rent 7 rooms and spaces in my house.

[@iceman2921]

Jerry… why don’t you explain what money printing does and adding trillions of extra dollars to the system. All countries are devaluing their currency. Explain the fiat monetary system also…. Debt based system that needs more and more debt to keep the game going…

[@JerryPinkas]

The good news is you understand this and know what moves you need to make right now in order to get ahead in life. Cheers to your future success! 🏆 thanks for watching and commenting. See ya in the next video

[@mylet2658]

The millions of dollars printed never go to the common person but we suffer the consequences

[@lonniehubbard2302]

Bullsh!t...it's all price gauging by investment property buyers...

[@cna2009]

so what happens when you're an investor and your charging Higher rates, because everybody else is, and the people that you're trying to Target can't afford your price. do you drop the price to get bodies in the house and then Jack the price up when its time to renew the lease. smh😢 sounds like greed to me.

[@gimcrack555]

Wouldn't there be a point where you just can't afford these hikes? Who is crazy enough to pay these ridiculous rent prices? I know people don't want to live on the streets. But working 60 hours a week and nothing to show for it, is ridiculous. You have other bills and obligations, plus have to eat as well. Roof over you head for the first 120+ hours of your working hours in a month, is kinda crazy. Especially if it's taking 140+ working hours in a month to keep that roof over your head.

[@finalchapter24k]

I think we are going to see more breadwinners 2+ living under one roof. The days of living the single life paying $650/mo for a 1 br apartment are OVER. You need to either get married or move in with a relative/friend.

[@CesarHernandez-ht5ex]

It’s that they want people to move out. So that they can rent to someone else. That’s bad.

[@marke.8334]

If you all haven't seen a documentary called... It's worse than you think... By revelations of Jesus Christ ministries... I suggest you do... All praise and glory to the most high Jesus Christ

[@allenmiller1627]

Bought my 5th property. How do I lower my debt to income to buy more? I’m hooked on real estate

[@auditrevor]

You can get what’s called an investor loan. Usually it’s a little higher interest rate but as long as the rents will cover the mortgage and utilities you can get approved for it. I had to do that on my duplex I bought but it worked out and still cash flows even with a 1.5% higher rate then my other rentals.

[@acajudi100]

Move to a safe and less expensive country, for many include all utilities, WiFi, !00% beautifully furnished, and maid service all in the rent. I just moved to Mexico.

[@keanureeves9802]

Their lying about the statistics just go to google and look at local apartments. Prices range from 2,300$-3,500 a month. We’ll at least out here in Cali.

[@craigshannon4957]

Renters who want to become homeowners should explore rent to own options. It's a win win for landlords and tenants. Landlords don't have to worry about repairs, real estate commissions, and make more money than traditional renting. Tenants are able to save money for a down payment, because part of the rent is saved for the purpose, get into a home with non traditional financing, lock in rental payments, and make improvements to what will be their home in the future. It makes no sense to rent when you can own.

[@helena3631]

Most of these rent to own stuff is scams.. the use the rent lord to pay they back bills and the tenant never ends up owning it

[@samtx5518]

Smashed Jerry…! 👍

[@carlosalenduran4630]

I'm happy living in my car

[@selfovercome4161]

My rent just went up 43%

[@FLaWChRiS]

Let's go Brandon

[@sarahbethany4469]

I'm no longer waiting for the EDIL GRANT LOAN because I earn $ 26,700 every 10 days recently.

[@ramostamis7562]

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[@charlotteelizabeth3017]

@@ramostamis7562 She's really amazing with amazing skills she changed my 0.3BTC to 2.1BTC

[@evansrichard7980]

Amazing i also just started trading with Mrs marni Lynn, With an initial investment of $ 2500 i made up to $9,760 in just a week of trading with her, her strategies are mind blowing

[@gretchenmoore7837]

that's huge!! I'm very glad I stumbled upon this today.Writing to her now. Really hope she can help me too.

[@darrylpstoner5233]

@Amelia Mia You should also know that for trade to be successful depends on broker ability to trade and your willingness to invest what can yield a better profit on trade.

[@antoniodelgado1516]

"Greed is God and Interest is the Son of God. "In God We Tru$$$t"

[@looplu]

It is brutal right now for the 1st time wannabe home buyer...sheer brutality...low inventory...ridiculous prices and high rents...no escape. Sorry.

[@darrylwolfe7359]

Greed is Real

[@JerryPinkas]

Inflation is a real thing that most people ignore. But it is slowly crushing many. Thanks for watching and commenting

[@TruthSeekers369]

Yes!!!!!

[@acajudi100]

My fellow Americans: If you are retired or can work online, please move to a state or country, that you can afford. Everything is too dangerous and expensive, so use your brain and move.

[@a.merico7016]

I'm really looking forward to the rental income this upcoming beach season. My wife and I are so glad that we bought our first rental property this past fall. Prices are going up on these units. List prices are up $20,000+ from when we bought in October.

[@geoeconomics5629]

Tax for the common man

[@venom17a]

Ferangi have taken over!!

[@Mcallen1130]

how do we fight inflation? start realizing we are social creatures. men start working together and renting homes together to save. and once you save separate from the wolf pack and build a nuclear family. no more taking on America alone.

[@JINNIBOO4477]

By the way the administration supports us going over there

[@eugenebdotson7363]

There's no such thing as a fordable housing these are governments lending practices only ! The bills are the same !

[@radicalmind5742]

In USA Where capitalism goes on steroids

[@buildingbuildercip8292]

Rents aren’t only going up in the US. It’s all over. Australia and Canada are even worse. I own a vacation home in Rosarito Beach Mexico. Local rents are even skyrocketing there too. The world is tied to the US dollar. When things go bad for us… it goes worse for everyone else. Even China’s economy is currently a crippled mess as well.

[@radicalmind5742]

US capitalism is the problem.

[@buildingbuildercip8292]

@@radicalmind5742 Are you a socialist?? Sounds like your aspirations are very limited, based on your statement.

[@radicalmind5742]

I am an orthodox Marxist. Also pragmatic.

[@cannedparmesan3996]

@@radicalmind5742 then why are you in the US? Go to Cuba

[@GungaLaGunga]

Don't worry. It'll blow. Always has, always will. Hope you aren't deep in debt. Muahahahahhaha. I'm waiting patiently like a trap door spider. As long as it takes. And I'll be buying your foreclosure for cash. It'll blow.

[@jeremiahthomas1385]

So bad news for 80

[@TammyTT]

What goes up must come down.

[@buildingbuildercip8292]

Well… average rent back in 2000 where I live we’re at like $900 a month. It’s been over 20 years and it hasn’t gone down to anywhere near those levels. When will it go back down? During the Great Recession. Rents receded very little, cus all of those people losing their houses needed a place to rent. Rents aren’t that volatile. They don’t crash.

[@carlostosado8965]

Not happening.

[@ronduanthony9667]

You might be dreaming

[@clarencestanley5988]

True alot of homeless

[@godschild5189]

I am looking to move out of the country!

[@jasonheesch609]

Me too looking forward to Jakarta

[@laupeter4594]

No wonder people are going to BTC

[@bralex970]

I moved in with my boyfriends

[@TBCS3000]

This housing crisis is helping Americans eat less, spend less time on Social network, watch less TV. America will have less obesity and overweight people. This is very very good for the country.

[@Victic005]

Move out of the country. Baja California is a good place.

[@JINNIBOO4477]

The modhi administration

[@freesia_1835]

Agenda 2030

[@MercedesAshleyOnline]

Yeah but people moved into by and California.

[@marke.8334]

If you all haven't seen a documentary called... It's worse than you think... By revelations of Jesus Christ ministries... I suggest you do... All praise and glory to the most high Jesus Christ