The Housing Crisis is the Everything Crisis

Dude, where's my affordable housing?
CHAPTERS:
0:00 Introduction
2:28 The Problem
5:06 Solving Poverty
7:34 Solving Homelessness
8:27 Helping the Environment
11:06 Improving Public Health
15:07 Improving the Economy
16:59 Helping Families
19:43 !!!Lightning Round!!!
20:49 Global Security
22:34 The Second-Worst Supreme Court Decision
25:30 The Worst Act of Parliament
27:00 NIMBY
28:46 Debunking Myths
37:22 The Worst State in America
41:29 Conclusion
SOURCES: pastebin.com/f6ZE2Vf4
Music: pastebin.com/9CtNYdKQ
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[@BritMonkey]

The source cited at 35:58 should say [47] lol typo I'm such a gemini

[@SuhbanIo]

ok gemini

[@SuhbanIo]

Also at 27:19, why are Serbia, Hungary, Belarus, Ukraine, Moldova and Russia missing?

[@Lightswitch4203]

they arent western countries @@SuhbanIo

[@SuhbanIo]

@@Lightswitch4203 Hungary isn't a western county? but australia is??

[@Vode1234]

@@SuhbanIo The term western has more to do with colonial influences than geography

[@Kirbychu1]

what a time to be a young adult

[@mrbruh-yq7hw]

No comments?

[@echidna1428]

comments

[@austinsawyer988]

more comments

[@MarcoAntonio-xd1ej]

Im pro-china

[@JANFU_Nova]

@@MarcoAntonio-xd1ej You're allowed to be wrong, that's allowed because *_AMERICA_* guarantees freedom of speech. Something you will *_NEVER_* find in China 🥱🥱 Winnie the Pooh will just crush you under tanks in Tienanmen Square.

[@sunny-rs3mr]

it’s absolutely mind blowing to me that there was a time where housing wasn’t considered an investment

[@Cloud_Seeker]

Apart from that this guy have no idea what he is talking about. Everything is so blatantly absurd and factually wrong that I wonder how anyone can take anything seriously. Do you know why the "golden age of capitalism" were allowed to own all of those stuff on a small wage? It was because they literally borrowed money at YOUR expense. They manipulated the market and money to give it to themselves. You now have to pay for that simply because at some point you need to pay the piper. You pay it through taxes, inflation, high prices and stagnant wages. This guy just happen to ignore just about EVERY SINGLE FACT there is only so he can make the most absurd claim. No. Lower house prices will not mean the end of poverty, sickness, homelessness and people moving to mars. He is either just lying or telling you the world is flat because he do not know any better.

[@ianhomerpura8937]

@@Cloud_Seeker not sure about that, since it was clear that things got worse when neoliberals decided to make houses an investment with asset appreciation.

[@Cloud_Seeker]

@@ianhomerpura8937 Houses has always been a massive investment. This guy is just wrong about them being a commodity. He also is not actually looking into what happened in 2008. Housing was not the cause. The cause was that banks were allowed to gamble with other peoples money and lost it all. The banks were then bailed out by everyone in the future through higher taxes, lower wages, loss in oppertunties and inflation. If you have a IQ of at least two digits you should be laughing at the idea that your pee pee will grow 5 more inches and world hunger will be solved if people just build more houses. This guy clearly do not understand the infrastructure behind a house. Building a house and the infrastructure around it so it can be built are not the same thing.

[@ianhomerpura8937]

@@Cloud_Seeker you also seem to forget that those very same banks who crashed the economy are now also basically the same companies that own most foreclosed homes, most of which have been empty for years. And yes, building the house and building other necessary infrastructure are different things, but in the end, it's the fault of people from all sides screwing up real bad.

[@Cloud_Seeker]

@@ianhomerpura8937 I have not forgotten that. It is just irrelevant. The whole thing that caused the issues were that ANYONE no matter what was allowed to loan money and buy a home. You were a drug addict with no income and mountains of debt? No problem. Take a loan and buy a home. Not only does it make more houses to be built everyone makes money even if you don't pay back. You can then lend even more money because the value of a house can only increase forever. That was the cause of the problem. Many people who can not afford a home took out massive loans as no one cared about the risk of them not paying them back. Most of those foreclosed homes should not have been owned by those people in the first place.

[@nintendianajones64]

All I ever wanted as a kid was a home. As an adult I know it will never happen.

[@eueumesmoaquelecara4638]

Like retirement

[@RedEyeification]

We are many like that.

[@icicle-silver]

Me too man, me too.

[@frederickmuhlbauer9477]

Crash incoming Save your money, buy Gold and wait

[@zenzin7725]

​@frederickmuhlbauer9477 hahahahaha what do u think that money will be worth when the crash comes. Your statement is so stupid it's brain numbing to think that your solution for this poor guy is for him to buy gold and save hahahahhahahahahahahhahahahahaahah damn that's dumb

[@nuttawut76]

As a realtor in my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity.

[@pineedbydmoon]

If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

[@MiaKatherine-sj7ne]

You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

[@DaveMccarthy896]

I have seen a lot about FAs and actually want to consult some pro. How did you go about it? Is yours any good?

[@MiaKatherine-sj7ne]

Amanda Kathryn Sachs is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@GersderaNioer]

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

[@4chonVidya]

"Our generation is going to be known for wanting to die and memes" that feel

[@loturzelrestaurant]

This Topic was also '''covered''' by Illuminaughti as well as Some More News. But heres the thing: Coverage is One Thing, but really Tackling the Issue and hard-dissecting Solutions is Another. For that i recommend "Second Thought". I mean, Some More News arguably also has the Intend to Tackle Issues and i like his videos and him not being afraid to cover or criticize any and all, but oh well.

[@kosmosXcannon]

Wait, I thought millennials were already synonymous with depression.

[@OrionOlamPiksie]

Yeah- I definitely can relate to that.

[@eatright909]

I've been thinking of suicide lately and thought of what I'd miss. First thing I put down is memes

[@loturzelrestaurant]

@@eatright909 Try Comedy-KZbinrs and Science-KZbinrs, to raise your Happyness. Hbomberguy combined Both!!

[@besomewheredosomething]

Trying to convince politicians to enact any advise in this video is like trying to convince a mass murderer that killing is bad and it hurts people.

[@Alkezo1]

To be fair, mass murderers typically know what they're doing is bad, but they justify it.

[@cosmicllama6910]

This is why I fully expect to see a revolution in my lifetime and probably die in it.

[@besomewheredosomething]

@@cosmicllama6910 I truly hope not. Whatever is on the other side probably will be worse.

[@cosmicllama6910]

@@besomewheredosomething we don't have a choice. Look at the fall of Rome and the French Revolution. With the politicians being in the pockets of real estate, it's not a matter of if but when.

[@anjo7465]

@@cosmicllama6910 finally a noble cause to die for

[@kelvinjohnson4]

This happened with the 2004 housing boom - home prices were greatly inflated, meaning people couldn't sell later because they owed more on the house than they could sell for. I know quite a few people who bought then, thinking they were making a good investment to sell later, but it's taken until the COVID housing boom for the prices to come back to those original amounts.

[@williamsbrown4026]

To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!

[@KelvinWallace]

Would you mind providing details on the advisor who helped you? saving for a pension through a corporate program since the age of 18. I hit greater tax along the road, so I increased my company pension with a SIPP (tax benefits). I'm now 50 and would love to expand my finances more aggressively; there are a few automobiles I still want to drive and a few mega-vacations that I still want to take.

[@algotkristoffersson15]

why would someone buy houses to sell later, that's not correct, just buy them to live in instead like a sane person

[@KelvinWallace]

I will look her up online and do my due diligence. If She seem proficient. I will write her an email outlining my financial objectives and scheduled a phone call.

[@politicsandart7994]

@@algotkristoffersson15have you never heard of investing You buy a house make it nice and sell it for 175% of the original price Or simply rent it out

[@whoisgtsdk]

Empty houses are actually a strong indicator of the problem, not the lack thereof. Additionally, an empty house degrades quickly, and empty houses that sit on the market stay at high prices simply because they can due to a low market supply.

[@Name..........]

Not due to low supply, it's like the Dimond market, they have a decent supply they just horde the supply and act like it's rare and charge you a ridiculous amount for it

[@ihatehandles6969]

@@Name.......... That is not even accurate to the video lol. No one is hoarding them and expecting market price for a house you own is to be expected. I mean you bought it and you need to sell it at market price to even buy another home. There are other factors that can be expected too (not all houses are made the same). Like for an investor: "What is the initial cash for the investment and what do I expect to make percent wise year after year?" If I'm an investor I should expect a hard minimum of 7 percent per year as that is the average in the stock market and requires much less work (and no minimal investment unlike real estate for the most part). Example: If I purchased a house to rent for 200K then with a thirty percent down payment of 66k. Lets calculate the minimum monthly cost for this home to break even on rent. A mortgage calculator on google gives that with the numbers stated above with the current interests rate it is $1,121. Upkeep costs need to be set aside which is 2% per year (1-4% per year of your home value) and that is $333. Another cost is tax which is another 2% (based on my area) This totals to $1787 MINIMUM with NO return on investment. With a 7% A.P.R. which should realistically be a minimum for this investment that's another 385 dollars per month totaling $2172 for rent. Damn I would not want to go through the process of renting a house for 7% A.P.R. (Granted the property appreciates but if that doesn’t happen your f***** anyway) Rent price plays directly into the money people are willing to spend on a home as well. Also a lot of the math above plays into land development and the general buying and selling of houses even for the average homeowner. Markets are a MASSIVE field of research and to dumb it down as you did is incredibly stupid and misleading. Note: Some of my math could be wrong and there are other factors as well. I HIGHLY encourage you to do your own research.

[@kevykevTPA]

@@Name.......... If there weren't buyers ready, willing, and able to pay those prices you consider 'ridiculous', they would be vacant almost 100% of the time. You can't simply charge whatever you like and get people who literally don't even make as much as the rent is to magically pay it. Supply & Demand decide what the price is, not sellers or anyone else.

[@sgt.freyrpepper1871]

THANK YOU!! Companies like Blackrock and Vanguard have been buying up properties/realestate/houses with funny money printed hot off the presses and HOLDING those properties, they don't even WANT or PRETEND to be open to selling. The less real estate on the market, the more the prices go up. Artificially withholding the supply of housing is also creating an artificial housing crisis. As @Name and @kevykevTPA discussed, the prices are ridiculous because those property holders are likely PRETENDING to be willing to sell, but in reality they set some insane price that no one can possibly afford to ensure the house is with-held from the market.

[@apsifox5874]

​@@kevykevTPAExcept that you need housing like you need food or water. housing is a necessity so people will pay those stupid amounts like the Weimar Germans paid the stupid amounts for bread. The housing price is artificially inflated by a multitude of factors. Then again my solution is removing the main thing causing the issue. butchering Landlords entirely by limiting the amount of buildings one can hold with the specific zoning of housing. Aka 1 house/housing building per person but have as many commercial or industrial ones as ya like.

[@CampingforCool41]

It’s so important to emphasize that it’s not just “build more houses” but rather “build more houses more densely with walkability and bikeability to everyday businesses”. Otherwise it solves nothing.

[@seneca983]

"Otherwise it solves nothing." I disagree. Even a suboptimal policy of building more is better than building nothing.

[@mee6606]

Banning foreign real estate companies and Wall Street from buying up all homes and renting them out would make housing more affordable. There should also be a limit on the number of homes that can be owned by a single person.

[@randommodnar7141]

@@seneca983 if we continue the housing practices of post ww2 boom, or of the lead up to 2008 we just end up back where we started

[@seneca983]

@@randommodnar7141 It's better than building nothing. That's all I wanted to say. I agree that density and walkability are good.

[@randommodnar7141]

@@seneca983 better for the housing market yea probably, better for the environment absolutely not. Continuing that would be a fucking nightmare, adding gas on the fire. Also agree, walkability and increased density are great.

[@DimaRakesah]

It's so strange to me how houses in the USA are treated as an "investment". But wait. If people buy homes and expect them to keep getting more expensive so they can make a big profit... houses eventually become so expensive only the wealthy can buy them. And that's exactly what is happening. We now have a massive problem where private companies are buying up houses in order to rent them, making it harder for people to BUY homes and forcing more of us to rent for life.

[@SkySong6161]

To make it worse, some companies are just buying housing and not renting them. It happens all the time in FL: 1/3rd of all LLC properties sit completely empty with no intention of being rentals, air bnbs, or even winter homes for snowbirds. They might sell the property off in a few years, but nobody lives in them in the meantime. Considering LLCs can own entire zip codes in FL, and they currently own nearly 50% of the residential real estate in FL, just adding those empty homes to the market could cause prices to collapse nearly overnight. (New Orleans saw something similar but with airbnbs during the pandemic. They had a 'housing shortage' that nearly vanished overnight when suddenly all the housing that was used for airbnbs went on sale during the travel shutdowns.)

[@AleiiJoan]

Banks bailout tho 😕

[@SkySong6161]

​@@AleiiJoan Most investment properties weren't bought with loans or mortgages. They were bought in full and in cash. (It's one of the reasons I keep telling people that if this crashes it's not going to look like the 2008 crash. There's actually very few mortgages involved at all.) Some of the smaller fish will probably be caught at the bank, but I'm not feeling especially sad for them. Most small time landlords don't enact the full scale abuse of the bigger ones more for lack of opportunity, than any unwillingness to be gross.

[@michaelkulakov9716]

@@SkySong6161 damn bud what's up with small landlord hate? Do you really think that every person who owns more than a single home is the devil who wants to fuck with you and doesn't because they don't have the opportunity?

[@neannafloweroftheabyss1052]

If you want to see where the housing crisis could go, look at China, where the housing crisis is 10x worse than in California. Could you imagine you have to pay >$1M for (technically the

[@owenrichmond1696]

Most voters in the US are homeowners and they won't vote for policies that will devalue their investments. This is a problem of shortsighted voters but mostly incentives. Nobody wants to be less wealthy. The young people need to vote more, especially in local elections, then maybe we can ask why the game is rigged against us.

[@NicolletteR]

My generation has been brainwashed that voting doesn’t do anything Smfh. But I cannot be silent anymore. We need to become a community again. We need to build more and we need to get rid of the laws that say apartment complexes can’t be built. There’s a lot to be fixed.

[@grzegorzbrzeczyszczykiewic563]

​​@@NicolletteR The biggest lie we've been told as Millennials and Zoomers is that we have no power. We must change the juridical order as to fit our needs. We must spend the government's budget on our agenda. We must pass judgement as per our convictions. We must shift the balance of power in our favor. Taking to the ballots is not enough. Most of us Westerners in the Americas and Europe live in democratic republics, so we must become candidates. Older Millennials spent their youths waiting for candidates that truly represented their will to come along, and they never came. Now we must become the candidates we want to see, and vote for ourselves. Then, and only then, will our fortune change for the better.

[@isengarde9490]

@@NicolletteR But they *don't.* Maybe at some point they did, but that was multiple generations past. The only votes that truly carry enough power to mean anything are the votes the businesses cast. That's who becomes President, the person big corpo is elbow deep in.

[@zoidberg444]

Imagine thinking you can vote your way out of this. Voting is fake. It's just a cover to lend legitimacy to a corrupt internationalist oligarchy.

[@roghider319]

​@@gnomefrompinkertonwith your vote, you can kick them out of power if they don't do anything

[@bebopsplat1347]

I still remember having an argument with my dad when there was a move to build affordable housing near his house and he went to protest it. His argument was simply "protecting his land's value" and that affordable housing is ok, just not in his backyard. This mentality still baffles me, as it just exemplifies the fact that he, and many people in that neighborhood, can't simply be happy that they have nice homes to live in, but those homes have to also be investments that are never allowed to decrease in value.

[@sgt.freyrpepper1871]

Its difficult. On one hand, we have many more people that need housing. On the other hand, we have people like your dad that bought their house as an investment and doesn't want the FMV to go down with the new buildings. It appears that a radical, new, mobile, self sustaining system structures are needed that are completely outside of the old model of building houses/apartments. This new concept would try to be the RESISTANCE to the UN, Mega Corporation, International Bank take over of the Planet. Sadly, much of this video promotes the Stack and Pack Agendas 2030 and Agendas 21 of the UN where the vision is to shove as many people as possible into tiny, cramped rooms where animal meat will be replaced by insect 'meat'. There is irony in this vid.

[@anonmouse15]

"It is not enough that I won, somebody else needs to lose."

[@davidbarrett4586]

Literally NIMBY

[@Kazooples]

The more I think about the fact that I can’t afford a house the more I just want to give up, everything sucks.

[@sashamoore9691]

Right. Like dude, why even try tf

[@anjo7465]

i've been feeling the same this week, and the new demographic crisis that will come back by 2050, why even bother?

[@AK-vs9nr]

You know what? The thing is, i know many in their mid thirties that got their home now, but its something they started building in their 20's. Sometimes even putting in work themselves. In my regions the suburbs have a big garden and orchards, so they took some corner of their parents land and build the house there. But buying land and paying for a 4 bedroom house is not on the table for our generation.

[@Kazooples]

@@AK-vs9nr I think if I hadn't been disabled I may have been lucky enough to own a house, but I feel like I would now be falling behind on the mortgage.

[@yoursmomsbot4386]

@@GGoddess95 you act as if countries just hand out free citizenship or work visas. “Just move to another country, ITS SOOOO EASY” Your opinion is garbage and ignorant, end of story.

[@jameslancefield9810]

No way, go even nerdier. This needs to be put out there. i noticed during the pandemic in britain they managed to home all the homeless and the city centre, for the first time id ever seen, was homeless free. So they can do it but they, for some F'ed up reason, choose not to as since all the lockdowns have ended, my city centre (Plymouth) is back to full of homeless again. Really sad to see.

[@Waaz732]

Very surprised that there are no replies saying "why are there no replies?"

[@doofusloofus8359]

@@Waaz732 Why are there no replies?

[@mrcomics4930]

It's an unfeasible solution long-term to do what they did during COVID. They booked hotels in mass during lockdown, not only is this incredibly expensive but hotels aren't as available outside lockdown. They didn't built anymore houses, they just paid a lot of money for services which wouldn't be used in a lockdown

[@kapnclinton]

Homelessness is a function of capitalism, it's a silent threat to keep you in line. If there weren't homeless people on the street, there wouldn't be that constant, low-key reminder of "you could end up like this if you don't toil harder, prole"

[@s2s561]

@@kapnclinton Homelessness also existed in the Soviet Union as the Soviet government prioritised heavy industries over consumer goods, coupled with the second world war, caused a shortage in housing. So is the Soviet Union exactly capitalist? Homelessness isn't a tactic used to "keep people in line", preferably capitalist countries would want everyone with a home as it increases their productivity, lowers crime and prevents a portion of their population from dying every year, instead it comes from mismanagement, incompetence and greed, which does not only exist within capitalism.

[@wrainb0]

saw a mattress on the floor in someone else’s home in a dublin suburb go for €1,000/month. the thought of having my own little place to live makes me want to cry because it’s a pipe dream. i’m nearly 26. i don’t want to live with my family any more. it makes me feel like a child. it’s why i play the sims 4 so much. you can live out wild fantasies, like living away from your parents as an adult and having enough disposable income after paying rent and utilities to pursue hobbies.

[@caelincoolz5814]

Best of luck to you both. I hope you succeed. @@ChioCharmwily

[@Twink6629-lg3te]

God this is so relatable. Replace sims with stardew valley and we’re living the same life

[@kat4923]

Same :( it's absurd

[@riirah1010]

this made me realize I'll be the same way. I'm still in school, don't even have an income yet, but I see no feasible way for me to move out in the next five years at least. I'll be stuck here...

[@sufyan56]

Not sure why people have this mentality of needing to move away from their parents' house at all costs. There's nothing wrong living as a family. If you feel like a child, then contribute to the rent and take on more responsibilities (Note: I am in no way justifying housing costs).

[@tjbarke6086]

Of course, it's beyond just building more housing, but also about disincentivizing a whole host of predatory real estate and financial practices. Practices and imperatives that also pervade almost every other sector as well.

[@lucusekali5767]

As a wise women once said, "if you are homeless, just buy a house."

[@potapotapotapotapotapota]

she should have said build a house, it would have been more accurate

[@VivianVee56]

@@potapotapotapotapotapota exactly build a house makes sense. How's a homeless person gonna buy a house? She's obviously not wise.

[@dondonnellan4162]

In My Home Country Anyone Can Build A House

[@vvvvxxxx9999]

I love it

[@taramaforhaikido7272]

And just how does a homeless person with no money buy a house?

[@popularjockboyf615]

I’ve been working as an urban planner in the US for the better part of the decade. My colleagues and I have been screaming about the dysfunction of our housing system for years and this video does and excellent job of covering the full scope of the problem. The fact that more, denser housing isn’t a global priority is wealth hoarding, plain and simple. I’m commenting because I believe that more people NEED to see this and understand how we are undermining our own future.

[@jonathanmayland3162]

Sorry, couldn't hear you, so I'm going to assume you said "zone more low density housing"!

[@pebblepod30]

I think the only solution is massive political organizing, like the world has done with Climate Change. Imagine a City/Country/World Wide protest starting out of people camping out in the streets overnight.

[@cauyawolfe4724]

Why do you want to continue this trend of urban blight? You work as an urban planner, you know American cities are all service sector slog and wages barely keep up with the cost of living. And if density is the answer then why does a condo in New York cost the same as an house in the country?

[@jonathanmayland3162]

@@cauyawolfe4724 "why do landlords charge more for space that is in higher demand???" A lot of your answers can be found with some research of your own, and a less accusatory attitude.

[@cauyawolfe4724]

@@jonathanmayland3162 *And if density is the answer* please read what I am actually asking before responding so aggressively

[@KristinPMosher]

Here in Cumbria it has been the case for several months that properties come on the market & within a month are reduced by 10%-20%. This is not fantasy it shows up on Zoopla etc.. & yet we keep hearing that the housing market is doing ok. A buy-to let-property nearby is priced at about 65% less than an equivalent non-tenanted freehold property & it has been on the market 7 months. B2L is dying.

[@JackBJacobs233]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities.

[@mariaguerrero08]

You're correct! With the help of an investment coach, I was able to diversify my 350K portfolio across markets and produce slightly more than 730K in net profit from high dividend yield equities, ETFs, and bonds.

[@mikegarvey17]

@@mariaguerrero08 Would you mind providing details on the advisor who helped you?

[@mariaguerrero08]

CAMILLE ALICIA GARCIA, maintains an online presence. Just make a simple search for her name online.

[@ConorBrews]

I located her, sent her an email, and scheduled a call; hopefully, she will reply because I want to start the new year off financially strong.

[@LaNina_DJ]

There is also a huge psychological aspect to the avalability of housing as it correlates to our sense of belonging, of deserving a place on the planet, which of course we all do. I believe housing is a human right, and it is criminal that now it's all about money, ie. helping rich people get richer.

[@Kelogotti]

Food and clothing Is a human right isn’t it? But you have to pay nothing is free. You don’t work you don’t eat. I just feel the prices are insane even for some working. Every work person should be able to afford a home

[@nikolaybelousov1070]

Unfortunately, nobody owes or deserves anything in reality. In ye old days, hyenas and baboons would chase you away from food, lions would try to take your life, and a bear would make your cave its home while you were out for a walk. The only difference with today is that, instead of a bear, there's a wholeass dragon.

[@TwistedViewer]

​@@Kelogotti now imagine food is absolutely unaffordable to you while the people exploiting you basically throw it away because it's too much for them. But hey, you don't pay you die.

[@ianne3992]

University student in Vancouver here, my monthly rent split with three roommates is $866 each. That's 10k per year and I've lived here for three years now. There's nothing I want more than affordable housing. I have no family to go back to or ask for help, I'm really just suffering.

[@someirishguy1662]

It is now my life mission to find a solution

[@dhsredhead]

What really alarms me about Canadian rental prices is 10-15 years ago these cities were much more affordable than comparable US cities. Now they are even more expensive.

[@KoongYe]

holy... that's insanely high

[@ColdBaltBlue]

I’m a university student in Nanaimo still living at home. I pay $600 in my share of the rent, but it totals to $1750 per month, and we don’t even have 1000 sqft. We also get no sun and are forbidden from putting anything useful on the tiny deck.

[@dragoness777]

I have a similar situation, similar costs and even with minimal familial help (and I mean like, really minimal help from an enabler of a unsympathetic parent, which is basically just signing papers), I'm barely stable enough to go to school. I have to get a job or do work-study next semester to complete my degree.

[@nat_to_world]

There is literally a housing crisis at my college that perfectly encapsulates this video. There a literally studio apartments that $1500/month that my school expects *college students* to be able to pay.

[@advocatingforautism8625]

College students loans or their parents to pay

[@eliot5220]

That’s wild $1500 my house is $1200

[@Temperius]

In my area a single room in a shared house a 20 minute drive away from the small city where I live is $500 A WEEK!

[@SK_Wizzard]

Hey just work 40 hours a week while you study... After rent that leaves you with 100 for Everything else

[@ThisLadyIsNotTheSame]

I'm 38 living with my husband and we can barely afford a studio that is $1700/month. Plus the kicker is I had a car paid off and it just broke down so I have to buy a new car which is $500 a month and full coverage insurance. I have NO clue how people expect college students to pay this, I really feel for you 😢

[@Raymondjohn2]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@maga_zineng7810]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@usieey]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@CraigChap_6898]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@usieey]

renowned for her proficiency and expertise in the financial market, ''Catherine Morrison Evans’’ my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.

[@CraigChap_6898]

I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call. Thanks for sharing

[@YFolermira]

I anticipate a housing market downturn due to the numerous individuals who purchased homes above the asking price, even with favorable interest rates. Despite the low rates, many are now at risk because they lack equity. If housing prices continue to decline, they may face difficulties selling or even risk foreclosure if they can no longer afford the property. This scenario is likely to impact a substantial number of people, particularly with the anticipated surge in layoffs and the rapid increase in the cost of living.

[@Jason9o669]

Anticipating the 2023 housing market is complex, as it's unclear how rapidly and to what degree the Federal Reserve can mitigate cost surges and borrowing expenses without adversely affecting demand for various assets, including homes and automobiles.

[@VickyAlvy]

Consider reallocating from real estate to stocks. Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not a financial advice, but it may be wise to invest, as cash isn't ideal in this period.

[@Rodxmirixm]

Stacey really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.

[@RichConnerGMN]

*THIS IS A SCAM* *THIS IS A SCAM* *THIS IS A SCAM* *THIS IS A SCAM*

[@danielportillo2443]

​@@RichConnerGMNbot talking to a bot

[@ayde92829]

I want to just say that: In Japan, Housing is REPLACED, not resold at a very very high rate. You see, people do not want to live in homes that have been used before, for the most part, unless they hold historical significance. I can't quite remember the reasoning for it: but it's entangled with the evolution of certain cultural values and ideas. So,, houses are not resold very often, and when they are they hold almost no investment value: which creates a totally different market value (which is really so cool): since houses do not retain value for resale. This fact also explains the number of houses being built: since new couples are far more likely to fund the construction of a new property, rather than buy a "used" home. There are a few documentaries on KZbin about it. If people are interested I can find some links

[@nycblast]

I think it’s cuz of one of the tenets of Shintoism (the dominant religion there) where you don’t place much importance on material things since nothing lasts forever. But yea if I recall correctly I think like on average buildings last 30 years or so before they’re demolished and rebuilt

[@koobyn]

I didn't know it was spiritual, thought it had something to do with earthquakes

[@nycblast]

@@koobyn 🤣 natural disasters are definitely the biggest factor but I was just saying their culture also has some effect too

[@worndown8280]

@@koobyn No it is spiritual but also technological issues. In Japan some of the building pads are very small. When you have real estate that small you cant just work around design flaws. Every inch, or in Japans case cm, count. When I lived there you had separate sinks and toilets. But the room for the extra basin took up a lot of footage. So they started putting wash basins on top of the toilet so you got a double use. The grey water from washing your hands now gets used twice. In most places thats not even considered, but in Japan where a significant portion of fresh water is created from salt water, which is energy demanding it matters. Some structures are torn down due to safety concerns, but those are very few and far between.

[@katie-cc8fo]

If you dont mind dropping the links that would be class

[@davidschaftenaar6530]

27:16 Yeh I'm a Dutch city council member: That type of three to five story apartment building you're showing people is almost never built new here anymore. To a degree that's because towns and cities prefer to facilitate high-income fully detached houses.... But the BIG, real, actual reason we aren't building low/midrise apartment buildings anymore is *because of NIMBY home owners fighting every attempt at doing so tooth and nail.* They do this to protect the value of their homes at the cost of _everyone else._

[@the_flushjackson]

Yep, everywhere on the West Coast is like that in the USA. Housing needs to be codified as a right, circumventing home owners’ ability to infringe on housing supply for their own selfish purposes.

[@BluetheRaccoon]

NIMBY is keeping shelters for the houseless from happening for the same reason you describe apartments not being built. We treat our unhoused here as though they are criminals instead of human beings unable to afford the unaffordable. Do the Dutch treat the unhoused this way? I believe americans do it out of fear, because they're not far from ending up on the street themselves.

[@putra4101]

There's need to be a law to criminalize these kind of people, you don't keep this guy, just like you don't keep a stupid populist grew bigger.

[@maevemaiden]

@@BluetheRaccoon ABSOLUTELY agree!!!! It is sickening and people have a certain mindset even about the word "homeless", it is "THE homeless" like they are a group of people instead of a very real and palpable social condition. We as a country need to come to terms with our very real fear of housing instability before we can address this problem correctly.

[@sandwich5344]

Dont forget about the "emissions" bs when it comes to building houses... the ammount of crap from our country in 2020 has left me permanently mentally disfigured and now i require atleast 50hours of sleep a day to sustain my sanity... Can they like instead, maybe- excempt "de bouw" from emission goals please? Im paying about 1K a month for a single room with a shower

[@jacobeco]

Here in Spain the problem is worse because of tourism. In tourist cities, neighborhoods emptied because of the tourist apartments. Families with low incomes have to compete with richer tourists from other countries. The landlord earns more with 3 months of tourists renting than renting to poor people all year.

[@tonytane1409]

Same here in Croatia. Can’t get proper apartment in Split because they are only for rent from October to April.

[@SYMBIOTEDINOSAUR]

Same in Montana. Rich elites from California love coming here

[@DanaKowalsky]

Same in Kelowna, BC, Canada

[@JCDenton3]

I work in hospitality, doing M&A for hotels. What is amazing are these resort towns where every home/apartment has been set up for AirBNB or is sold to some rich person who only lives there 1 month a year, and now labor is impossible to find there. So the businesses are importing labor from Nicaragua, Honduras, etc where they pay a temp agency to bring people in to essentially run the town and have 6-10 of them live in a single hotel room for 3 months at a time. A ski town in Idaho I just visited is almost entirely worked by people from abroad for the benefit of the rich. It is totally insane and backwards. And these f__king yuppies just say "well they are doing the jobs Americans are too lazy or entitled to so" - uh, NO, they can't freaking afford to live anywhere within a 2 hour drive away which wouldn't make sense considering you only want to pay them $10/hr and the gas alone would eat up that whole rate. It is exploitation pure and simple of everyone involved and should be illegal.

[@stevo728822]

But there are plenty of areas in Spain that are desperate for new people. This is the problem, people just want to live in the popular hotspots.

[@eruhachi]

I've been homeless for the past 4 years, when I find this comment again in the future I hope I'll have my own home.

[@spooki333]

i hope u do too dude !

[@phylippezimmermannpaquin2062]

Youre a badass

[@alex-iz5jv]

I hope everything works out for you

[@164TUJJJ1]

your day will come :3

[@Garyse]

Man... I hope you're currently doing fine add things are going towards a good direction :)

[@deldarel]

Design like the Dutch, build like the Chinese, house like the Fins. If they can do it, we all can. The CO2 emissions of concrete is a hit we'll have to take, but it will be offset with the great reduction of car use. I live in the Netherlands and all things mentioned in this video about it are not just true, but they create a fantastic living environment. I can't even drive a car, not because of a personal defect, but simply because I have no need to. I can get anywhere I want with my bike and by train.

[@krandaman1]

A couple things to consider. Sand suitable for concrete is a limited resource that is increasingly environmentally destructive to ecosystems to mine. Sand mining offshore can also accelerate coastal erosion, reducing seaside land in combination with sea level rise, a double whammy. Also offset concrete carbon emissions from concrete means we'd need to actively sequester, not just reduce carbon emissions from another source.

[@ralz97]

@@krandaman1 yeah, the 40% of emissions caused by the building industry really knock the "build more houses" argument to the ground. As in, the solution is a bit more nuanced and complex, though that simple answer sure makes for an entertaining video.

[@neannafloweroftheabyss1052]

Don't build houses like the Chinese. They are of really poor quality and are doomed to collapse in decades. Build them like Japanese where houses can withstand earthquakes.

[@flurble33]

@@ralz97 it seems like it just emphasises the need for more sustainable building materials, rather than destroying the argument for more housing.

[@ralz97]

@@flurble33 sadly, fast large scale sustainable building is an oxymoron. A change in pace of life and need for urbanisation are where we gotta start, as you do need flexibility in where you live which comes with different approaches to building. But also, there really isn't a one size fits all solution and any approach ought to be *holistic*, countries like mine (Bulgaria) ought to outright ban new buildings.

[@Dug252]

I hope people will look at this 10 years down the road, and say, “we should have seen the signs.” Until then I think greed will bury us before progress is to happen.

[@alleny2971]

Like when ten years ago things were pretty much the same as they are now and scientists were saying Florida was going to be underwater by 2024?

[@shutupimstilltalking]

14:20

[@shutupimstilltalking]

@@alleny2971 theirs a website to view the progression of sea level rise, as well as a website to view the thermal data (map) caused by fires.

[@SkySong6161]

@@alleny2971 Fun fact! FL is starting to flood, actually. =p It's one of the reasons the red tide is getting worse and worse: so many gypsum stacks are within a mile of the coastline, and they're constantly leaking. Low-level red-tide is pretty much a way of life if you live on the Gulf side of the state. Also, the ground is getting so... mushy, in places that the ground squelches even during the dry season. Also running out of fresh water. (Kinda related to global warming but more as a sidenote to the fact that even with the increase in hurricanes we're actually getting less rainfall every year. The aquifers are more than 50% depleted from their previous levels 15 years ago.)

[@godlyvex5543]

The issue is that it's not entirely within our power to fix things. You can blame the common people all you want, but the people up top have such power over everyone.

[@wesleymitchell2460]

The realtor’s lobby is the second largest lobby in the US. They are largely responsible for a lot of the shenanigans going on in the American housing market.

[@Peter-hx3im]

As someone who has lived my whole life in California and absolutely loves my state, I agree with everything in this video. It is prohibitively complicated and expensive to build housing in this state. I hate the NIMBY folks. The good news is that we have passed a ton of recent laws to make new housing easier to build, but this is just the start and will take years to make a meaningful impact on the California cost of living crisis.

[@stsk7]

It's hard to like California. It's full of so much red tape, homelessness, ideological pandering and lots of incompetence

[@mariaeduardda3636]

live in california too and oh my... I absolutely love it here but it's hard to imagine things getting better

[@reeddeer793]

CT is trying similar stuff but all wrong - they are trying to force density via state law it’s horrid. If California has something similar I side with the NIMBYs

[@outerspacelocation]

The laws passed are great but unfortunately, not enough action is being taken. look up your local area's RHNA! overall permitting actually has fallen, and by 2029 we need millions more units built :( policies are progress but slow acting, we also need short term solutions to help residents.

[@elijahfilmsinc.3180]

I’m a student in a huge college town and you don’t know how much it pains me to see a constant stream of new “Luxury Apartments” going up in a town that’s made up of students who can’t afford anything over $800/month. The zoning laws are painful to watch when they’re being followed.

[@ashblossomandjoyoussprung.9917]

I really wish they'd take lessons from South Korea and Japan. I mean, the apartments are really small, but they're cheap.

[@raaaaaaarr]

800 a month won't even get you a small bedroom in Vancouver bc. That's all that I can afford too. I'm fitting to be homeless here

[@HeavyMetalorRockfan9]

theyre not even real luxury housing, they're 5 over 1s made with wood construction techniques that are way cheaper than concrete/metal/glass luxury towers (and transmit noise to your neighbours etc) The one near me that got made recently (at the end of the train station) is charging 1.4k for 500 sq ft. Our population is growing at 10x the rate that housing is being built, and even if you divided it down by 4 people to a house, that's obviously a terrible outcome

[@dklee.01]

this !!!!

[@imperialmotoring3789]

So other people cn't have something nice because you can't afford it? When you grow up someday you will want to live as you did as a student? What are they teaching you in college? Gender?

[@sdfggtfhhyy]

The fact that me and my girlfriend at almost 30 can't afford to start a family and buy a house is frustrating as hell, these days if you don't have the milion in your pocket you are basically poor. And then they wander why less people makes children, how tf are you supposed to take care of it if your income is just enough to cover some bills and eat?!

[@mylesgray3470]

I believe this is the whole master plan. Use zoning laws to limit new housing, making real estate skyrocket lining the pockets of the governments while reducing carbon footprint from reduced city size and population. It’s is pretty frustrating to say the least.

[@sdfggtfhhyy]

@@mylesgray3470 at this point we are fuc**ng each other behind the back, everybody it's getting greedier and profiting from others, just to get the ideea, before corona i was going to buy a piece of land to build a house, it was in a rural area and it was like 10 dollar per square meter, some days ago I found the same post but the price is 70 dollar now... Immagine my face

[@mylesgray3470]

@@sdfggtfhhyy Dang.. That’s a whole other level! I’m kicking myself that I missed out on 50% appreciation in 2 years in Salt Lake. The run is over now. Rates are up, prices are topped out and headed lower already here.

[@Ithirahad]

I could imagine a situation soon enough where a million in your pocket is still "poor" in certain areas...

[@Demopans5990]

@@Ithirahad Already is on the coasts

[@samuraispike4615]

We won’t win unless we stand up to lobbyists, politicians, and corporations. Money rules everything and that’s the sad truth.

[@liquidreality472]

There is no "winning" with any of these systems in place. Thinking this place can be "controlled" is what the real problem is.

[@michaelw6277]

It’s not just “build more houses” it’s “build houses at the right price.” Where I’m at there are plenty of new houses that don’t sell because they’re needlessly large and expensive, so half of them are scooped up by companies to rent.

[@sznio]

I've had the same thoughts this morning. The connection between low birth rates and housing affordability is so goddamn obvious, yet everyone is trying every other "solution", which never works.

[@sponge1234ify]

sATAN HAS INFLUENCED OUR GOVERMENT!!! wE NEED TO RETURN TO CRISTIAN THEOCRACY AND CRISTIAN FAMILY (abuse) VALUES!!!! and so on, and so on...

[@marcanton5357]

Tell that to the Africans living in a one-room "house", birthrate average is over 5. It's obvious it's culture at play, the Europeans with the biggest houses produce 1 child average.

[@sybrandwoudstra9236]

Don't forget the populists who use this discontent and Blanes it on the migrants (instead of the housing shortage and invester probleem)

[@elsiemabel]

+Marc Anton this is such a terrible comparison. Unlike people in urban poor-housing areas, your hypothetical African mother own their property, and thus can sustain more children. Also, the atomisation of Western society is a product of poor suburban housing. This atomisation is not seen in African cultures, which is based on extremely strong community connections, which lowers the burden of motherhood

[@marcanton5357]

@@elsiemabel Your imagination is leading you strange places. It's like in your world-view Africa doesn't have highly-dense areas of living. They are called cities and Africa has them too, but I'll take any bet the fertility rate even there is nowhere near something like 1.7 per woman which the west has. It's also to the level of fantasy to imagine owning a one-room shack helps you sustain more children. I will tell you the strong correlates with high fertility rate, conservatism, religiosity and low intelligence. Weak correlates? Being in a city.

[@WoddCar]

When houses that sold for 300k a decade ago to families are selling for 1.2 mil now with no changes to investors who don’t live there, you know that something is wrong with the world and the market

[@Rfc1394]

And the decade before they were 80K. And the decade before that they were 50K.

[@ccdsds3221]

Might want to learn how inflation and gdp growth works...

[@WoddCar]

@@ccdsds3221 it’s not due to inflation or gdp growth, it’s due to forced scarcity

[@ccdsds3221]

@@WoddCar scarcity is pushed by inflation...

[@trollmcclure2659]

@@WoddCar Money printing too, especially the USA with the dollar

[@patrickmartin3322]

Housing prices have made my entire high school physics class spend an hour and a half discussing how it would be better to live in a bus than a house

[@urboideiba4514]

In Sofia, Bulgaria especially in my neighborhood we build too much apartment complexes without providing any proper infrastructure like streets or parkings for them, the apartments are also expensive while our salaries are stagnant. So it isn't that simple either

[@alsaciaalsarienne1339]

Romania too.

[@zander8347]

I think most newly build flats in Sofia are not even inhabited, they just build them to launder money

[@benjaminstevens4468]

“This parking lot is the hub of our community!” The things people think will come across as reasonable and justified coming out of their mouths can be astounding.

[@jambott5520]

The best use for a parking lot is to tear most of it down and build a multi story parking lot. The next best use is as a field for solar panels.

[@talideon]

It's Fianna Fáil: I can say as someone who lives in Dublin that this is entirely unsurprising. BusConnects is an effort to rationalise the mess that is the city's bus network and desperately needed, and has been beset by NIMBYism like this. The same people who fret about this stuff are also the ones that turn a blind eye to listed buildings that are worth keeping being left to rot.

[@talideon]

@@jambott5520 Nah, the best use is to either put a useful building on the plot that is isn't full of cars or replace it with a park. A multistorey car park is better than a regular car park, but only because it wastes less space.

[@benjaminstevens4468]

@@talideon absolutely, and quite frankly if you are going to have a level of parking spaces, it should be beneath at least a story or two of working or living space, ideally with a rooftop courtyard or garden, I can’t believe that most buildings aren’t topped with outdoor living spaces, so much wasted real estate!

[@mrcroob8563]

@@benjaminstevens4468 are you kidding me? I wouldn't want to tive on top of a car park lmao

[@HelloKittySGTC]

When even just renting a 1 bed apartment costs the equivalents of a month's paycheck. Things are always headed downhill

[@balala4641]

Bed? Apartment? Month's paycheck? Nah, more like: Light switch, closet, France's yearly economic output.

[@potapotapotapotapotapota]

what luxury we all live in, Harry Potter had to live under the stairs!

[@anthonydowney4383]

In California a studio is the price of a months wage

[@gypsylips1950]

@crassgop lol what the fuck are you talking about??? So untrue. Most of our parents easily afforded their own places when they were young and it cost a small fraction of their pay

[@lucyliu7035]

Yep!! I had to get a roommate and can’t afford to get a 1 bedroom apartment by myself

[@PatrickLloyd-]

I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

[@mikeroper353]

I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.

[@hankmarks69]

The housing market has always had its ups and downs, but it's true that this time feels different. Having a portfolio manager will save you a lot in the market , My portfolio currently has 200% increase last couple of months with the help of my advisor.

[@hankmarks69]

There are many financial coaches who excel in their profession, but for the time being, I employ “Vivian Carol Gioia”, because I adore her methods. You can make research and find out more.

[@manbiteslife3110]

PSA: way too obvious scam for the rest of the humans not the bots @@PhilipDunk

[@kevykevTPA]

@@PhilipDunk Scam bots! This Vivian person should face charges.

[@SteelsCrow]

I think it's worth noting that a "house" means in the United States, a separate building for a single family. Typically the only one on the lot. Everything else has a different name. Townhouse, rowhouse, duplex, condominium, apartment.

[@soberkhajiit]

As a 20 year old student bathing in debt, being denied a place in a dorm due to "not participating in student events outside of academic work" and being fed promises by the russian government about getting a flat for 10 years (my father is a retired military officer) I can say, that for a lot of young people getting a home (not a house, just a flat) seems like a far away dream. I spend all the money I earn on renting a room and buying food, occasionally going out with friends. Thank god my family is supportive and always buys me clothes, medicine (btw, this shit is so expensive). But due to recent events (there's a lot of them lmao) the price of renting goes higher and higher meanwhile there's less and less job opportunities for young people without a college degree (there's a joke in Russia, that you need to get a university degree to work at mcdonalds and now that shit is closing in russia). I can only be thankful for my parents that I have a place to stay but my mother has to pay for her appartment for 15 more years to close a mortgage. Anyway, goodnight, thanks for cheering me up 2 in the morning )

[@apove1814]

I'm sorry to you. I know it's not even the citizens who knew that war was coming, but caught in the mix, and suffering in life as a result, as well. What's happening in Ukraine is inhumane, unfathomable, and unacceptable . But when were the citizens of every Russian, nevermind the majority , ever autonomous? Even most Americans arent, without realizing it. Most. American govt seems to be "importing autocracy, instead of exporting democracy" , I heard an intellect on a podcast say recently. It is reniscent of your McDonald's comment . Similarly - our profiteering college industry - failed most of us - with 40% polled, advising "the degree was not worth the cost". Sending my love - from the US. P.S. both my parents are Slavic. I'm first generation. So I get it.

[@heistherussian]

Это еще в России мало законов, ограничивающих строительство, иначе бы пришлось жить в машине, как многие американские студенты делают.

[@naglejshij]

Just one small question though, if I may. May I?

[@mariuscatalin5982]

move out of russia ma man that land has NO HOPE

[@Skolkostoitsamolet]

You making learning a new language, getting enough capital, separating with your friends/lover/family, getting a job in the foreign country without citizenship good enough to pay for housing and other expenses sound so easy. I wonder why you didn't immigrate to a better country yourself. Oh, maybe it's because you were BORN there and don't have to do anything other that watching youtube and telling people how to live in the comments?

[@zuffin1864]

I've known this for a couple years now, certain zoning laws literally make better housing ILLEGAL. Ridiculous.

[@raquel7675]

It's sad😥

[@loturzelrestaurant]

This Topic was also '''covered''' by Illuminaughti as well as Some More News. But heres the thing: Coverage is One Thing, but really Tackling the Issue and hard-dissecting Solutions is Another. For that i recommend "Second Thought". I mean, Some More News arguably also has the Intend to Tackle Issues and i like his videos and him not being afraid to cover or criticize any and all, but oh well.

[@norman6524]

NotJustBikes and Climate Town wants to talk to you

[@ypey1]

Blame zoning and government regulation

[@richardspillers6282]

How exactly? Short version if you can.

[@Name_Pendingg]

2 things that _never_ should've been required to profit: housing, hospital. (or like, the entirety of the medical field)

[@SheilaYilmas]

Distinguishing between money management and the accumulation of wealth is crucial, and the educational gap in schools could be a factor contributing to people's challenges in sustaining financial prosperity. The instances you shared are pertinent, and personally, I found value in navigating the market crisis, as I have a tendency to embrace difficult situations rather than avoiding them, a sentiment shared in jest by my advisor.

[@ScottRich9]

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[@HakimZakzi]

Similar to any other investment avenue, the stock market requires a substantial level of expertise to sustain profitability. While my approach has predominantly involved buying and holding stocks, my portfolio has been in a state of decline for a considerable period. Achieving substantial gains necessitates consistency and the periodic restructuring of your portfolio to adapt to market dynamics.

[@MarioRo1]

I fully recognize the significant advantages of collaborating with a pro, but thus far, I haven't identified the right one for myself. Could you provide more details about the fiscal guide who has been guiding you?

[@HakimZakzi]

I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.

[@OlgaRusov]

Stacey appears to be really knowledgeable. Her resume, educational history, and qualifications were all quite good when I found her internet page. She will act in my best interests because she is a fiduciary. I thus scheduled a session with her.

[@mini_afropuffs_queen9990]

When I was in college my teacher showed my class all the properties in the local area and one of them was a literal cupboard under the stairs for £800 a month. He told us this is what we had to look forward too

[@turtleanton6539]

Your a wizard harry

[@teetsmcgeets14]

@@turtleanton6539 Ima ima ima ima ima ima ima ima ima ima ima ima wot?

[@mistaowickkuh6249]

Wage slave: "This has been a hard day/week/month. I've been surviving on instant noodles for almost a week. Finally my payment is here!" Landlord: "My payment is here!"

[@amultitudeofpeppers938]

ONLY £800?! Is the offer still available?

[@grzegorzbrzeczyszczykiewic563]

​@@amultitudeofpeppers938 least broke millennial

[@segmentsAndCurves]

Dude just casually drop a 40 minutes video like nothing

[@jarvis911]

You what?

[@segmentsAndCurves]

@@jarvis911 I what?

[@rhyleigh_hades]

Lol this is so true😆

[@OmegaThirty]

I love twelve tone why do you think it’s lame?

[@segmentsAndCurves]

@@OmegaThirty It's a satirical username

[@kcsivaranjani]

I feel Singapore has a good solution for the housing crisis. The multi floor apartment complexes are designed in a way to cater people from all socio economic backgrounds.

[@romxxii]

Just one thing: China's housing development boom is a _very poor_ example to use for why we should build homes -- they build not to make livable cities, but to store their wealth. Look up China's "ghost cities", there's at least one KZbin video on it. A better example of proactive housing development is Singapore. They actually build apartments to have places for people to live in, not for amassing profit.

[@peterisawesomeplease]

China's problems with overbuilding housing is real but greatly exaggerated. The consistant 5+% GDP growth a year for decades is in large part due to their willingness to do w whatever it takes to build housing. This is an astonishing rate of growth compared to similar periods in the Western world. Yes they have overbuilt at certain stages and yes other investments that are actually more valuable than housing have been squeezed out by excessive investment in housing. But China's excessive house building is at a far smaller scale and far less damaging than the Wests under building of housing. To make up fake numbers China might have lost a percent GDP to building too much housing but the US lost 3 by underbuilding.

[@ccox4669]

Thanks for pointing that out - what Chinese people are going to do when they can't resell these "investments" is going to cataclysmically rock their economy. It's the single biggest weakness in their plan to become a world leader, and there are many other flaws in those plans. But at least they are trying, and it does have the side benefit of keeping a robust construction industry thriving in case they ever have more productive projects to work on, like the Three Gorges Dam, 245GW of nuclear plants, massive highway expansions, and helping other nations build when they need a project completed.

[@peterisawesomeplease]

@@ccox4669 There are plenty of people who still need housing in China. China is still no where close to the point where everyone has thier own good quality apartment. Sure they might have overinvested in housing in the sense that there were more critical investments to make than making sure everyone had their own high quality apartment. But the idea that they built more housing than they will have people to live in is an exaggeration.

[@lettuceprime4922]

Virtually every city cited as a “Ghost city” by western media about 5 years ago is eventually filled & functions like a livable, regular city.

[@thetheatreorgan168]

i am in the philippines and my blood boils from the unholy amount of speculative pastetowers

[@nj5374]

It's so blatantly obvious that it almost feels like it's being done on purpose to keep the masses struggling to enough of a degree to be too weary to do anything about it

[@godofdeath8785]

Yeah this whole system made to force you feel hopeless and think you can do nothing about it

[@junoknight7374]

It *is* intentionally done by those in power. They don't hide it.

[@danceteacherrlb]

That's because that's what they are doing

[@Don.M.]

That’s exactly what they’re doing. The evidence is directly in our faces.

[@comradesillyotter1537]

Class society bro

[@pawel8365]

I cycled across the Netherlands and they might have some of the best city planning I've ever seen.

[@parttimehero8640]

Housing has to be a human right. As does access to clean water and education.

[@lunaredelvour2972]

it can't be. no one should get a right to someone's products or services (because then someone is *forced* to do some form of labor for another person). the right has to be centered on the right to pursue housing, clean water, and education. I think it's ridiculous that these are so difficult to come by. I think it should be an easy thing for everyone to pursue... still can't inherently be a right though, which sucks but I understand why

[@thecrazycapmaster]

@@lunaredelvour2972picture a scenario where the government offers a contract to build a bunch of housing. A company accepts that contract and gets a nice tasty chunk of money for building the housing to the standards the government has set. No one got forced to do anything, and it really doesn’t matter to the company whether the housing was paid for by the people moving in, or entirely by the government who then provides the housing to low-income households. In fact the company should logically be more comfortable if the government pays for it, as they can be sure they’ll get paid. Also housing is already established as a human right by international treaties; we’re just ignoring it.

[@Anita.Cox.]

​@@lunaredelvour2972or you could just hire someone to build the house and give it to sm, which would pay for itselfs as stated in the very first part on the video.

[@ergwertgesrthehwehwejwe]

And how does declaring it a human right solve any of its problems?

[@joffroyboutin7456]

A house should be thought of as a place to live, not as an investment or a retirement plan... as a commodity.

[@jimjam6598]

Nope. They cost money to build and hence will have worth. The value of anything with worth will change depending on supply and demand. This is common sense

[@ivanmunoz9055]

@@jimjam6598 yes but a house is also a necessity. You need a house to live so having houses being really expensive shouldn't be considered and it's also bad for the economy.

[@jimjam6598]

@@ivanmunoz9055 no a house is not a necessity. Shelter is. And those who are desperate enough have access to free or cheap shelter

[@ivanmunoz9055]

@@jimjam6598 house and shelter are essentially the same thing. Homeless people do not have access to shelter because those shelters are shared between many of them, making those shelters "unsafe". Besides that a decent housing is a right and as you see for example in Hong Kong shit holes ain't decent.

[@EpicWott0]

@@jimjam6598 Housing is a necessity

[@CocoHutzpah]

My parents built their current house in 1991. My dad was 35 when he and the contractors he hired finished construction. I am 27 and I still live in that same house that he fully owns. Unless things change, I imagine this will be the only house I could ever own, as I currently can't afford to live anywhere else. I don't find it ideal, but it is much better than having no home. Either way, I agree that removing some of the dumb zoning restrictions in the US would be good.

[@Luton-Mick]

Because your Pops is a boomer, a generation given socio-economic heaven on a silver platter by their Greatest generation parents and have left hell for generations to follow them as they took it all and still do till this day, they want it all baby as they race to be the richest corpse in the cemetery.

[@dedhampster4730]

In SC ive seen some people build "party sheds" in the backyard. They run electricity and internet out to it and sometimes plumbing (but most if the time just a camping toilet) so that their adult kids can have some privacy. The HOA and the local govt isnt any wiser that there is actually someone habitating inthe backyard.

[@synchronicity458]

What do you do for work??

[@CocoHutzpah]

@@synchronicity458 software engineer

[@joshwarrior9491]

@@CocoHutzpah at least you have a home, most people rent as prices go up.

[@enderofruina2973]

Correction, it’s not build more houses, it’s build more homes. Intensification is key, we can’t afford to be building more standalone houses, we should be more focused on apartments and the like.

[@thecrazycapmaster]

Only if I can own my apartment. Why should I pay for something I’ll never own?

[@TheeQuirkyPanda]

My dad told me that when he first moved to Montreal, Canada in 2002, he was renting a bachelor's for barely 200$. Now, I'm renting a bachelor's for 750$ - and everyone says that I am lucky to have found something *so cheap.* What a time to be alive!

[@NonsenseFabricator]

Houston actually has zoning, they just don't call it zoning. They have land usage limitations, mandatory setbacks, parking minimums, the works. It's just a little less restrictive than other cities.

[@bushmg1061]

I’m not sure about how it is now, but I’ve heard it described as being like the “Wild West” in the past. Like there was nothing stopping a developer from buying the land next to your house and building a strip club.

[@NonsenseFabricator]

@@bushmg1061 That's not really true. In fact, single-family developments can even block small multifamily construction, never mind strip clubs. I'm sure there's exceptions, but for the most part it's zoning with extra steps. I wrote a longer reply, but I guess youtube thought it was spam because it included search terms to check out. Try City Beautiful's video about houston planning?

[@bushmg1061]

@@NonsenseFabricator I just know people who lived in Houston 40 years ago and that’s how they described it, that’s all

[@loturzelrestaurant]

@@bushmg1061 I ask around: Isnt Seond Thoughts coverage of the Housing Crisis and Workerclass-Struggles interesting? What do you think about it?

[@richardarriaga6271]

You can put a refinery around someone's house.

[@JVKKV]

Moved to Finland to do my conscription service from Canada. I’m 23 and 3-5 years older than most of the guys/girls in my company and literally every single one of them lives on their own and has moved out. It’s such a contrast moving from Canada where everyone is locked in with their parents cause rents are +3k in the GTA.

[@theminecraft_gamersxx2815]

Grand Theft Auto??? 😂😂😂😂😂😂

[@K3end0]

​@@theminecraft_gamersxx2815i presume it's greater Toronto area lol

[@jacob9583]

Must be nice

[@jacob9583]

​@@K3end0he's obviously 12

[@tj-co9go]

The rents in Finland are bad too. Must be even worse elsewhere

[@procentsd5561]

Why do i have a gut feeling that this wont get better, ever. We are fucked and thats that.

[@spoodergwen]

It honestly amazes me, how much of our modern world problems origins can be traced down to racism.

[@slevinchannel7589]

RACISM is covered by many, including Cody Johnston, Edencity and Not-Just-Bikes

[@iwiffitthitotonacc4673]

You forgot to mention one thing when it comes to Denmark - we have a law called bopælspligt! It basically means that someone must live in a house/apartment that you own for at least 6 months of the year, it can be you or someone else. If you can't fulfill that duty, you're forced put your house/apartment up for sale. Of course, said specifics of the law can be altered as needed. It can be 4 months or 8 months of the year, and instead of being forced to put the house up for sale, it can be higher property taxes. There's also the fact that you can apply for exceptions, if you work overseas for example. This law is generally good, as it forces landlords to actually rent out houses/apartments that they own, instead of just leaving them empty for their whole lifetime. It also forces landlords to actually put rent at the actual market value, because if your prices are too high so that nobody wants to rent from you, this law still applies.

[@saddlepiggy]

Housing prices in the US, where we obviously don’t have that law, are regulated by landlords going bankrupt if they rent for too high of a price. Unfortunately, there’s not really enough housing which drives prices up of course. I think it’s cool that two different methods (try to?) solve the problem in different ways.

[@hendrikdependrik1891]

It also helps Denmark is having a lower people density than countries like the Netherlands. Still, this is a very good idea from which I hope it will be implemented here too some day. Here the overregulated real estate market of municipal social housing corporations, subsidized mortgages, regulated anti-squat living spaces, a difference between living homes and holiday homes that doesn't make sense, artificial urban, rural areas and Natura2000 national parks is completely broken. The proposed solution now is simply providing homes only to people living in town. This means people can't move to other towns and cities to get affordable housing.

[@einar8019]

@@saddlepiggy nah they are regulated by stupid laws(see R1 zoning=

[@annikagarratt4208]

UK could do with a law where empty properties are seized by the state for social housing.

[@aescubed]

That is a problem you know. I think every person should be at least entitled to at least 100 sq yards, it can be in a building. Say a couple get into a fight, we do not want one of them to be homeless or be in rent-slavery.

[@scarlettohara5039]

The amount of times that I said " yeah duh" while watching this is astonishing. I feel like all of these things are such common sense, yet we can't get a popular consensus on it and it's very frustrating

[@snap__shot]

We already have a consensus on it. The consensus is build more houses. The only people who are against this are landlords who think owning houses is a job (it isn't), nimbys who loudly protest against any and all change, and investment firms. So basically scum of the earth.

[@BilboBaggMan]

It is the popular consensus. We just have 0 say in how are government works.

[@tree-stuffer]

​@@BilboBaggManare? Really?

[@flaviospadavecchia5126]

I'm yet to finish the video, but before I forget, I don't think you mentioned how if new houses are built, it's often the same rich landlords or companies that buy them, so they can keep their prices artificially high.

[@AustinAnthony-akaftw]

Stop letting LLC's buy houses, limit amount of houses people can own by registering with the govt. DONE

[@planescaped]

Maybe not done, but definite right steps.

[@SR-mv2mf]

Lol I think you have no clue that you are just a slave in a capitalist machine 😂😂

[@monad5140]

I live in Los Angeles and wanted to share my two cents. The level of day to day degradation that residents endure is beyond the scope of imagination for people who don't live here. Every day you have to steel yourself when passing the homeless and downtrodden because having basic empathy will destroy you after you see it enough. That's not even counting the horrible suffering of those who are forced to live on the street. The NIMBY's here have a cold logic. After seeing their assets take a hit in 2008, homeowners are bent on preventing any development that will jeopardize the value of their home. After all, the plan is to one day sell the home like a stock or crypto asset and convert it into that Cape Cod home or overpriced Westchester or Seattle house they've been eyeballing. You are forced to drive across row after row of one story buildings. I'm thinking of leaving (much like others in the state) but I just wanted to confirm that a lot of the messages conveyed in this video are accurate. So much of the malaise here in the United States on the Right and Left come from a sense that the poor do not own their own lives. The basic dignity of a stable unit to call your own is central to human happiness. When you take that away, you convert your society into a tinder box.

[@Christopher_Gibbons]

Well in defense of the NIMBYs, most of them were there before it was LA. They were living in quiet little towns before LA rolled out to engulf everything. Heck I'm not that old and I remember when Burbank was a completely separate place. Now the city has rolled right over the place and is in the process of swallowing Simi Valley and Thousand Oaks.

[@sashamoore9691]

I live in Texas and the homeless problem and residential burglaries are beyond comphrensible! I can’t believe how bad Texas has got. It’s always been stupid but atleast it was affordable

[@grady7420]

Democrats are not 'the Left'. They are in line with the economic interests of conservatives, which is why you see bipartisan NIMBYs. So long as we live under capitalism and neoliberalism, our government will not have consideration for the most vulnerable people in society.

[@grady7420]

​@@Christopher_Gibbons NIMBYs were there before more people came in because they were slave owners or descendents of slave owners living on stolen land that was never returned to indigenous people whom NIMBYs ancestors committed genocide on.

[@Christopher_Gibbons]

@@grady7420 I highly doubt any of them are that old. I'm talking about 20-30 years ago

[@toppersundquist]

I submitted a design for a low-income medium-density housing development in Western Canada a couple years ago (open RFI). It was rejected, because I had too many units, which would affect resale value. ... I'm sorry, this was SPECIFICALLY FOR A LOW-INCOME DEVELOPMENT, WAS IT NOT?!?!

[@DragonDrummer2]

I’m sorry that happened to your plans. Always sucks when you work hard to design something with an extremely beneficial goal in mind and it is rejected.

[@TheLazyass111]

Work on your design, make scale models to physically show it (3d printing, good ol' wood and glue, etc), parade it on reddit and other public forums. If the government won't listen to you, show everyone else and they'll be behind you next time. Dont let the bastards drag you down.

[@GabrielTobing]

lol XD

[@infinitehonkworks195]

You have to realize, this entire crisis is intentional they specifically, explicitly, do not want serfs to have homes you know how those schizos were chirping about how "you'll live in the pod and eat the bugs"? yeah, they weren't schizos at all

[@ToastytheG]

Canada is a joke country. Many such cases, of people trying to improve the local economy and being told "no" by the government. It seems they see life as a zero-sum game.

[@orbit-l9046]

honestly I feel privileged to live in an apartment that only costs slightly over half of my salary

[@eueumesmoaquelecara4638]

I think it is one of the most important videos I've ever watched for real. I am 20, started college (at distance) one year ago, but it just feels so tiresome, frustrating, suffocating etc to live in a small appartment (~46m2) with basically 4 big adults counting with me. Loud, movemented, small. I wished I could rent a home for myself, but it is kind of hard when a room that is smaller than a boomer's garage costs like twice the minimal wage here in Brazil. I got so mad thinking about this crowdiness that I just wanted to cry, but I couldn't because I have no place with privacy to do so. By the way, it's disconcertant to watch the Simpsons and see that the "average" american could afford a great 2-floors house with a front and back garden, three kids and a jobless wife with just his wage. No wonder we're the generation of antidepressants and suicidals.

[@spiritlevelstudios]

Greetings from Australia. Love and strength and blessings to you 🙏🏻 We Don't Control What Happens, we do Control How we Respond. May you find peace within, amidst the chaos.

[@kiro1469]

I live in cali, and the whole joke about "Go on google maps, place yourself in central LA, and see how long it takes to find a homeless tent" is funny, but also, very real. I live across the street from a homeless encampment that stretches for 4 blocks, and onto a highway. I remember that it was such a prominent issue, that the first time I went out of the state, I was bewildered at how there were no homeless encampments cutting off entire roads by taking up both sidewalks.

[@invisiblehands8498]

las casas de latam no tienen porque envidiar a las del primer mundo

[@dhsredhead]

The thing is, this used to just be a California issue and it makes sense. California attracts a lot of homeless people because it is warm, they have a lot of support systems in place, plus people falling into homelessness because of the high cost of living. However, when you go into downtown Pittsburgh and see homeless people sleeping in doorways of often vacant or under construction buildings, when you see small cities like Harrisburg dealing with a homeless crisis and having to frequently move homeless people out of encampments, that is when you know things are REALLY bad.

[@ThePigeonBrain]

Oh my god, I tried that test, it was literally just a random location, and the first thing I saw was a park with tents, with piles of garbage.

[@Takato2527]

I drove to downtown LA for field trip college assignment, and holy shit, you couldn't believe the contrast. Right when I left the downtown full of skyscrapers is a homeless ghetto village where sum black kid can throw rock at you for no reason.

[@VulcanLogic]

We should bus them to Texas.

[@LauraSomeNumber]

Currently a one bedroom apartment in Copenhagen, Denmark costs about 2/3 of a starting salary. It is now perfectly normal to have roommates something that was basically not a thing twenty years ago.

[@shyviking]

Yes; Copenhagen is slowly going the route of London. Very sad. And even in Århus (the second-largest city in Denmark, where I live), prices are going upwards. In just the 10-12 years, since I bought my house, prices have literally doubled in some places. Good for me (and other owners who bought some years ago), but maybe not as good for newcomers. The interesting thing is that we are actually following the advices and building like crazy here. Mostly more expensive apartments, though.

[@tinootnoot2725]

Adding more people will fix that

[@cappuccinoclouds8145]

It’s laughable! Smaller towns in Denmark have rent that is half or third of the cost and wages are more or less the same. Also, majority of the new apartments are built for couples so - too bad if you’re single!

[@07Flash11MRC]

@@tinootnoot2725 "Adding more people will fix that": Are you seriously trying to spin this into a migration issue?

[@mortenovergaard7397]

@@07Flash11MRC immigration is OF COURSE part of the issue. Adding more people to a geographically small area will off course drive up prices.. Unless of course you consider yourself a "progressive" and make your own (factually wrong) rules of reality.

[@AUstinnesc]

I just made $300k off a house sale and with 90% probability of bitcoin ETFs approval according to all economic outlets I’d be damned if I don’t hop on the train before it gets to $50k. However, how do I obtain proper market analysis?

[@McElvinn]

Just wait, keep your current or sell them and come back when risk is lowered cos it’s at all time time high, alternatively you can speak to a certified market expert

[@sheltonPston]

A colleague once proposed the idea of diversification to me, hopefully for positive results to offset any negative performance. At once, I backed it up using an advisor in order to avoid any fiasco. As of today, my portfolio has yielded over $450k in profits, from an initial $180k this year alone... maybe you should do the same.

[@corrySledd]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@sheltonPston]

My advisor is Nicole Desiree Simon You can easily look her up, she has years of financial market experience.

[@Blitcliffe]

Thanks for this. I curiously searched for her full name and her website came first. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

[@wrios64]

As a person who lives in LA I feel your pain 100%, you are actually better off leaving LA if you want a house or apartment

[@MacintoshMan]

or don't want to be around homeless people, apparently

[@lexfacitregem]

Yes. I did try to rent a flat in London. Ended up paying over £650 per month to just rent a room in a 2 bed flat, sharing with 3 other flat mates. And this was 7 years ago. Utterly insane. I eventually came to my senses and moved up north to Cheshire, where I have the privilege of renting a 1 bedroom hovel with a microscopic bathroom for £450. Not ideal, but at least I now have a few quid left over each month!

[@derFleetadmiral]

Oh boy, that's a lot of cash for a very small flat. I'm living in a small German city near Münster. (20 min train drive) And I thought my flat where expensive, At a price tag of 950 € (heating, water, sewage fees, warm water, garbage collection and taxes included) for 102 m² (125,991 yd² or 4 double bed rooms) but your rent is completely bonkers. How much do you have to earn to not spend 50 - 60 % off your income for housing. It's completely insane!

[@davidty2006]

For like around the 200 mark my nan is renting out a 3 bedroom terraced house and has been for 10 years now. I know it's a deprived area and the house was built back in the early 1900's but still....

[@derFleetadmiral]

@@davidty2006 i have to ask, is 200 marks a lot in Bosnia or is it cheap?

[@Tom_Bee_]

@@derFleetadmiral I'm living in one of the most expensive towns in the UK and I'm having the inverse of your experience reading OP's comment. I cannot believe how cheap your rent is and blown away how much money we would all have each month if your rent levels were a thing in my area! Edit: to put things in context, you'd struggle to find a single bedroom flat at €950 pcm in my area. It might even prove impossible to find something self-contained at that price unless you got very lucky.

[@davidty2006]

@@derFleetadmiral idk about bosnia im just going off GBP

[@tiggerbiggo]

"And what they did was they built enough affordable houses, and then they put the homeless people in them" I just want to acknowledge the extra long pause after that just to let it sink in. To solve their homeless problem, they built homes and put the people who dont have homes in those homes so they no longer didn't have a home. What a revolutionary solution XD

[@at9871]

If they just gave them, and have no "buy in" whether its simply going through certain steps, like getting clean for an addict, going through employment training, etc... Giving something to someone without some buy in or effort on their part has limited success.

[@sharonbrown4506]

tiggerbiggo - What a radical concept! LoL!

[@lazerlightening]

A few cities in California, Portland and Seattle have already tried that and the homeless don't want them because they require them to be clean from drugs and have a curfew.

[@jj22445]

@@at9871 Yeah I was about to say, you would need to couple providing homes with other rehabilitation services to make sure these people could support themselves and not just continue living like they were but now with a roof and walls.

[@tiggerbiggo]

@@lazerlightening it's weird the way the politicians feel about drugs, if instead of demanding they get clean BEFORE they be given a stable life they instead made them do rehab AFTER they get off the street, they'd be able to solve 2 problems at once, but because of the ridiculous stigma against those who are addicted to drugs they can't *possibly* allow a *smackhead* to live in a real property, because those people are scum and "deserve" to live on the streets if they cant get themselves clean...

[@ruy_u]

Sadly this issue isn't going to be solved until we reach a point where there are more houses than people because of the fact that we will start losing populations soon.

[@TheCoolestLifeForm]

as a 13 year old myself, this video was fun to watch

[@JZTechEngineering]

as a fourteen year old, it was also very fun

[@TheCoolestLifeForm]

@@JZTechEngineering nothing better than worrying about the future

[@SweetiieHeartZzz]

I thought I was the only middle schooler here. Hello.

[@bryan_gurrrero]

This video was amazing. In college i wrote a paper on this topic that included obesity correlations to the suburbs. I had to present the paper and i remember everyone looking at like i was an idiot for complaining about zoning codes, non-existant pedestrian infrastructure, and car centric cities. I wish more people would find out about this

[@Hunter-gp7sr]

Old habits die hard... We're so used to this infrastructure, that we don't even consider there is a better alternative. And since it's in America, we assume ours is the "right way" to do it.

[@rushrushw]

@@Hunter-gp7sr man i hate this country with a non-terroristic passion

[@kevykevTPA]

Maybe they looked at you that way because you actually are an idiot? I despise people like the OP and others who think they have a right (indeed, many would say obligation) to tell others how, where, and under what circumstances they can live is decisively Unamerican. We LIKE our suburbs, we LIKE our single-family homes, and we like our backyards, and we're not giving 'em up.

[@reeddeer793]

But but but I live off welfare in a trailer park and don’t want the dang government 15 minute liberal takeover cities (but it’s okay for the gov to force children into poverty, because my religion says it’s okay)

[@Planarwalk]

One of the 50 people living in NZ here. Yeah, we have a housing problem that is always blamed on the ever elusive "foriegn investors." The government has done some weird things to try and solve the issue, the weirdest being selling government owned housing. Fortunately our current government is trying to get new houses built, but they have been a bit slow with that. Also, I can be a kiwi voice as long as you don't make me say deck.

[@seriousbees]

Love how presumably left wing people would rather go straight up xenophobic before dropping their vice grip on single family zoning law

[@liamhackney5045]

You can't take be the kiwi voice if I take it first!

[@camatzuma]

I want to move to NZ, elect someone that builds good infrastructure before I get there please because my country isn’t

[@SirBalageG]

I envy you for having Jacinda, coolest mp in the world rn

[@BigHenFor]

@@seriousbees You aren't serious at all.

[@654_nosneb]

As a kid, I used to think that people could solve the homelessness problem by building more houses. So basically kids have better ideas to solve this issue than politicians do. XD?

[@greacemagne6610]

I'm from Bolivian, living in Usa almost two years now, and here I realized how hard is living without a car, the gentrification problems and more... I'm not saying that I don't have this problems in my home country, of course yeah, but not as bad as here. This topic just drives me crazy to the point of wanting study a master in city planning and work for affordability houses and walkable neighborhood. I really appreciate this kind of videos, I learn a lot in this videos. Many of the concepts are new for me, but definitely is something I want to learn more about. So thanks for videos like this..! ❤️

[@Rumade]

My rent in Japan was £200 a month (city of Kochi). I had a wonderful life there that was great for the economy, spent loads of money on consumer goods, ate out, bought drinks. When I lived in London my rent was £600 a month for an icy room, and I didn't eat on Sundays.

[@loturzelrestaurant]

I HOPE Britmonkey covers the on-PURPOSE Food-Waste mentioned in Second Thought's video 'Is Capitalism actually Efficient?!'. Its a total shocker, basically a Must-Watch for all Humans.

[@8-ball459]

Time to start learning japanese

[@kamilareeder1493]

In Japan 👀☝️ I was on a trip and got a cut on my leg that needed to be sewn. The cost was only about 2000 yen 💴 but they gave me 50% off because they knew how broke American students are 🙈😭😭

[@lainiwakura1776]

@Gothic Doritos Domo arigato Mr. Roboto.

[@NorseNorman]

As someone who lives in a country (Jersey, Channel Islands) that is currently going through a housing crisis, this video really hits home. The average cost of a house is £634,000 and a family home costs £1,339,000. People earning an average wage are not even able to afford a mortgage for a 1-bedroom flat. The problem is getting worse so quickly, that the cost of housing is going up by £1,850 a week, meaning that you would need to be earning in the top 10 percental to even match the rising cost of housing (unless you are already loaded with generation wealth or are already on the property market). Even renting is becoming impossible with studio apartments being rented for £1,000 a month, with some landlords even renting out their garden sheds for £1,700 a month! And our government (most of who are themselves landlords) refuse to do anything about it, isn't saying that the crisis is not in fact a crisis, but instead a "challenge" that they are on the cusp of fixing, but they can only finish the job once they are re-elected (I wish this was hyperbole but it isn't).

[@NorseNorman]

Currency conversations for those who are interested- Average cost of a house: $800k / €750k Average cost of a family home: $1.7mil / €1.6mil Cost of housing increase per week: $2300 / €2750 Studio apartment monthly rent: $1250 / €1500 Monthly rent to live in a fucking garden shed: $2150 / €2000

[@jebactychpolicjantow5497]

S o m o v e ? ? ? ? ?

[@Ildskalli]

Just save up, LOL! (Sorry, I couldn't resist)

[@asheiou]

@@jebactychpolicjantow5497 no :) why should they have to leave their home

[@bonafidemonafide7810]

@@asheiou He has a polish name so I assume moving around continously is normal for him

[@gaddammitkyle]

These kinds of cramped cheap houses sound great until you realize the owners are NOT going to change the rent rates, youll just be overpaying for a smaller property with less acres and less options (no pets, no gardens, no garages or backyard space). They did it in California and it worked. People are overpaying for cramped properties and nobody is doing anything about it, theyre just moving.

[@GHRTVids]

ground water in belgium levels are becoming too low because of bad planning, resulting in to much concrete

[@NicolletteR]

Yup I don’t think we even need more houses we need large apartment complexes for the younger people. (And not too many Ofcourse) but one major complex or something with 100 studio units would be greattt.

[@TheAnnyParker]

It's not just that more houses need to be built. Where I live, there's entire neighborhoods that are sitting empty because they were built in a low economy area and being sold/rented for 3 times the market value

[@ELJOEY420]

Fair enough but the whole building more houses was only part of the solution. There was so much more information about The types of homes and housing tracks that are being developed which May not be efficient for a communities economy. One of the biggest key focuses was affordable housing so obviously the empty homes being rented or sold at 3 times their value is not what hes talking about

[@sk8erbyern]

It should be illegal to own an empty property. You get permission to build a house and and if you build anything else you will get punished. An empty building no matter the shape, is not house without people living in there. If you build a house and ask too much for it and thus it stays empty then you should just lose the house. Property owners should be begging people to rent their property not the other way around.

[@Professor_Sex]

@@sk8erbyern okay but like, what if you own a piece of land that you sometimes go out to to just like, chill out. Like a little piece of land in the middle of nowhere. Does someone need to fill that too? Because I don't think I'd want my private piece of paradise filled by a renter.

[@sk8erbyern]

@@Professor_Sex that's got nothing to do with my proposal. You are talking about another type of land. In my country every piece of land has designated usage permits. You cannot build a multi-story apartment complex on a farmland for example. So if you want a place to chill then you need to buy a proper land for that. Countryside lands serve this kind of purpose. Houses in cities on the other hand, they have housing permits which means if you get a permit for an apartment complex but then try to build a villa for yourself then you are violating the law. This is already a common practice in most of the world. What I am proposing is an upgrade to the current law. If you have an empty apartment complex then the building itself is still not serving the designated use case: housing people. You either sell your real estate to people who are gonna live in it or the government gets your property rights from you. You promised to build houses but they are staying empty? This is not why we gave you that land.

[@xeniver1]

@@sk8erbyern bully for you sir that sounds mighty reasonable, ah if we can only get people with their heads on right in government but alas we commonfolk have to bear the brunt of it all for who knows how long, i've actually given up on the thought of owning a house and i can only hope things will change.

[@jordanmcmurray5785]

I’m a developer in the Midwestern United States and this resonates strongly. So many of these issues are true. And medium density housing has to be the future for us to survive. I build these 4-plex and 6-plex units that incorporate a 1100ft 3/2 floor plan because I can build them at a cost of $160k/unit and provide a nice place to live where rent is only 25% of my city’s median income. But you would not believe the amount of pushback I get from neighbors and city officials. “Why don’t you build us real houses” “People don’t want to live so close to each other” Because you damn Karen it’s not 1958 anymore, we don’t have unlimited resources, land and skilled trades people. Which is the other issue facing us if we’re to fix this mess- declining trades. I know 4 HVAC techs alone who all make over 3x the median income. It’s because there is not enough of them to go around. The average age of an HVAC tech is in their early 50s! And that’s most trades. People all talk about let’s build more housing and yet the past two generations have all taken on debt to go to college to get a boring desk job that pays shit for wages. Meanwhile there’s guys I know who will hire a kid out of high school and start him at $28/hr as an electrician and by the time the kid is 21 they are making 6-figures. Edit: LMAO @16:13 My sister literally lives in Clinton MO, that’s some funny shit. Can confirm there is not a lot going on there.

[@ishyameru6232]

Funny you say that about electricians, I’ve got a friend who dropped out a semester after me here in Kansas. He’ll be making 20+ an hour here in a a few months

[@justsomeguy1671]

Hey Jordan, I think the number 1 reason people don't want to live near each other is noise. We've all had that neighbor from hell. Is there anyway to soundproof an apartment. I mean you could drop a bowling ball and it wouldn't be heard. The real question is there a market for it.

[@primesspct2]

Yes the lack of skilled tradespeople is a very real problem. In the past year I have talked with 4 men who owned companies , 2 plumbing companies and 2 carpentry businesses. All 4 of these men wanted to retire, have a good business they just need someone younger to take over, and for all of them; they could not find anyone younger, who was skilled enough to take over their businesses! Any young person now, should seriously consider going into any trade. In a country where going to college is lauded as "the be all end all", we have all these educated people who cant find a job, while Hvac and carpentry just doesnt happen anymore.

[@Runivis]

@@primesspct2 The problem with that in the US is public schooling hardly ever does trade courses anymore. Finding an actual trade school is seen as a last resort or a laymans path because there's a persistent systemic push for college. Which honestly amounts to little more than a debt trap for many people. And that's not even mentioning the fact that not a single public school pays attention to the students interests. I'm sure MORE than a few kids would love to skip one of their courses to learn a practical trade. But because they're constantly bogged down by generic standardized busywork they don't have the time or interest to take on even more unpaid work. Yeah, I said it. School is an unpaid internship, change my mind.

[@wildfire9280]

@@justsomeguy1671 From what I understand, American homes are built with much weaker walls compared to houses in Europe which block out much more noise.

[@Rnankn]

I think that starting in the 1980s, a shift from public housing to home ownership turned homes into financial assets eligible for lifelong mortgages. Then following the GFC, quantitative easing and low interest rates accelerated the search for alternative investments, and housing prices began rising with equities through speculative pricing. Finance was able to calculate the future expected earnings a house could provide and bring those returns forward to the present at a discount. They colonized the future. Houses went from homes, to become banks, and then became a casino. Im pretty sure this financialization is a generational and class divide, with current home owners very satisfied with the non-stop increase in their net worth, and unwilling to see that threatened.

[@Bailanat0r]

I thought the complaints with New Zealand housing wasn’t immigrants, but rather foreigners buying houses for investments, never planning to live in them, and keeping them empty.

[@RagdollWraith]

it is really refreshing to hear people acknowledge, as he put it, "things that make life worth living." its nice when, even when talking about maximum efficiency, people still consider the little extras that, if looked at through the eyes of a machine, would seem unneccesary.

[@loturzelrestaurant]

I can ONLY Speculate what would happen if we'd all Email/Tweet this video here as well as various Architecture-related and Issue-related and Simple-Solutions-suggesting videos by KZbinrs Adam Something and Some-More-News to some big important People. But even if this isnt feasible or fails, it at least want to direct as many people to these Channels and to 'Second Thought' as possible, so i will repeatedly post this comment here, hoping the Good-Will is obvious enough for people to not call it 'Spam'. I hope you check out those i believe in: Hbomberguy, Illuminaughtii and those i mentioned truly wanna tackle Issues and i hope you use their combined Might to inform yourself and Others.

[@Stingraysquad]

@@loturzelrestaurant Adam Something has been wrong about everything that isn't just shitting on low hanging fruit like Elon Musk's grifts or vanity-projects in middle east oil nations. You've been ensnared in the breadtuber bubble and fail to see that they're just the next generation of internet skeptics: A bunch of nobodies with no expertise in the areas they talk about, whose only merit is that they think about things. They won't change anything because their solutions are simplistic, unrealistic or flat out don't work.

[@kamilareeder1493]

Yes ☝️👀

[@samaraisnt]

but he's not a machine, he's a person. That's why he can see them.

[@suqma]

not if the computer is smart enough

[@DGTTAlpha]

In Northern Virginia, a house just sold for $800,000 that had a mother and child illegally living in the basement. It was bought with cash in less than a week.

[@ihave3heads]

Why is it illegal for a mother and child to live in a basement, when it would be legal for the landlord to have his grandmother and child living in the basement? Regulations like these are not evidence that landlords are evil. They are evidence that the government is evil.

[@DGTTAlpha]

@@ihave3heads because they don't pay rent? They are illegal squatters.

[@shiny_teddiursa]

Nova is fucking crazy, my family bought a home in the area for 400k in 2012, and they sold it for a little over 700k late last year!

[@randomtinypotatocried]

@@ihave3heads More likely due to lack of safety with a lot of basement "apartments" (it's a huge issue in NYC)

[@shubhambhardwaj1860]

@@LincolnLog for 800k I sure hope it does!

[@Darthvvill]

I work as a scaffolder building houses on site. Our salary is good and goes up yearly because houses cost more so we get paid more for building them. Its not a bad industry for a young man to get into. If you will work hard there is no other barrier of entry just ring up and they'll start you the next monday

[@addysonstradling7904]

Glad i stuck around to the end. You say youll never make anything this “nerdy” again, but i argue that your effort in making these videos is not only educational and liberating but also radicalizing! I love to hear people talk (smartly) about this stuff openly and strongly. I hope ill hear more about this. Enjoyed the video!

[@55hondafit53]

the lack of mixed used development in the U.S is a travesty in of itself, can't even walk down a street to the pub or grocery store.

[@honkhonk8009]

There is genuine demand for suburbs and rural areas for alot of people, but thats usually for 30 year olds that are settled already. Apartments are great for young people who still starting off in life. But nah. Funnel the money towards boomers ig

[@dunkey7739]

@@honkhonk8009 adding mixused housing and density won’t ban suburbs 😂 god why are they like this

[@ligametis]

I personally hate mixed use, would hate to live in such area. It sucks that most of European cities are mixed use and quiet places are rare.

[@clyvelawrence8820]

@@ligametis that’s fine, but policy should not deny people who do like mixed use housing (and need it) the opportunity to have it

[@stefantodoran]

@@ligametis yeah, except mixed use in Europe is still way quieter than most US suburbs in my experience... regardless the point is that the free market should decide but no, in the US horrid zoning laws prohibit that.

[@al-manasama8370]

Honestly, I'm working a job I dont like for money that I can't even buy a house with, working just feels like work so I dont end up homeless, rip to any plans of retiring or feeling financially secure when most of it is lost to rent and essentials. Affordable housing (the way my grandparents had it) would make me feel way more motivated and secure about the future, just need a morale boost lmao, and of course affordable housing! I feel like the takes in this video is something everyone can universally agree on. And please be more nerdy, this is a video I will share to everyone I know and think about for a long time.

[@dukedub]

stay strong stranger, you're not alone in those feelings.

[@haleylalka5726]

You’re certainly not alone, but unfortunately there are a large majority that would watch this video and still think it’s “communist propaganda” or whatever else ignorant Americans are saying.

[@nenmaster5218]

@@dukedub Perfect Supplement (if not in all honesty a bit of a 'Correction') to this video here: "How Racism And Greed Prevent Us From Solving Problems - SOME MORE NEWS"

[@zzxp1]

Damn is so depressing to know so many of us are feeling the same even if we will never meet in real life.

[@tuzalolol3676]

when i realized this i just gave up. kinda freeing to just accept that poverty is for life

[@supersaucygamer2880]

Commenting to boost the video, more ppl need to see these things

[@fronker7581]

I believe that in Vancouver Canada, there are enough houses for all the population, just that a large portion of houses are owned by foreign investors who don’t even live in the houses. I do believe the government should still build better cities, but building houses may only be helping the symptoms instead of the cause.