I have great renters that didn't burn me during the Covid lockdowns. They easily could have. My property manager said we could raise their rent a few months ago for the next year. I said, hell no! Not the right thing to do after what they DIDN'T do to me last year. Doing the right thing works both ways. If your renters didn't burn you last year when they very easily could have, cut them some slack this year.
i did same thing on a rental home-they did'nt shaft me so no rent increase last two yrs-have a friend who also rented a very nice home but got took for 15 months rent and had to pay taxes- insurance all the same while these people had same income as before biden gave them free rent -that is one reason rent is going up now
This administration is breaking the back of America. I have never seen people this poor. Please , for sake of us all, get this Administration out of the White House.
I thank God everyday for my amazing landlord. He hasn't raised my rent $0.01 during this whole crap. He's actually lowered it by $200 to help me and my family out being that I'm a single dad. God bless him!
You are really lucky. I am a single mom.have to move out next month because the owner not want to renew thd lease... live here for 4 years and always pay rent on time
@@yakzivz1104 THEY JUST DON'T GET IT!!! ARGUING ABOUT THIS PARTY AND THAT PARTY, PLEEEZZEEE!! THESE FOOLS ONLY CARE ABOUT ONE THING and that's THEIR POCKETS!! AMERICANS BE DAMNED!!!
biden is way way ahead after a year and 2 months. Energy dependence, open borders, inflation, and foreign policy disaster...couldn't possibly be worse. Open borders is causing high rents. And now this freak is saying spending like a drunken sailor won't cause inflation?
Rent is going up everywhere. I have friends that are couch surfing and living in their cars, and they were doing good a couple of years ago. Our global economy is being restructured and Biden is in on it.
I knew a guy that moved into his van and I ran into him 5 years later and he aged terribly and his teeth were rotting out. He probably ate a lot of candy bars for food. You can easily die young living in a car or van for too long.
why do you think youtube and other major companies were pimping out these "van life" influencers a few years ago? Many people bought into it... dumb idea.
You would think by now anyway that masses of people would've caught on by now. That's why Kamala Harris is always laughing. Because she knows they have to collapse this economy to go on a global economy
I tried to warn my friends at the beginning of the pandemic that the way it was being handled would eventually lead us to another great depression. They laughed in my face. I only hope I was wrong, but it's looking like it could be worse than the great depression. Most people during that time had farms and the knowledge to grow their own food. People today know how to make dancing tik toks
Saw on my local news channel today that people are concerned about America heading into a recession. There are other news articles you can research that suggests the same.
@@omikredarhcs8221 - LOL! Why? Did I threaten someone? No. I just stated I have a shotgun and handgun with a lot of bullets. That I beg to differ with those people that say that, and try to enforce it. I stated only facts.
@MrSpeedDemon72 replied: "Seth Houser you think that little hand gun and shot gun is going to stop a government agency from taking anything from you of you if they really want it? Stop pretending you're..." To answer his question, that he quickly deleted. It may or may not stop a government agency from doing horrible things to me in the end, but it will give them a problem to deal with and will open the eyes to others, to show them that you can not run or hide from an evil government that will try to stomp on your throat.
As Americans we're going to have to get this corrupt swamp out if we have to do it ourself. Our country will not stand another year of this corrupt administration.
What are you going to do about? The U.S. Constitution outline some provisions to address an out of control government, but I doubt you will lay it on the line; not even the oath takers want to risk losing their jobs and jail time, not to mention their lives.
John Doe, to your comment, the answer is, Invasion Chaos and demographics change, to our Democratic Constitutional Republic, our Constitution and it's Bill of Rights for the United States of North America, within our Nation, to dominate to become a Spanish speaking Nation or a Arabic Speaking Nation, dominating the English Language and Alphabet, without Boarders, there is no National Security and no Sovereignty of these united States of North America, all for the Ractical Democratic Political Party, as they are actually, the Despots Organized Crime Political Party, as they are doing actions of the Globalist, all for their Crazed Lust for all Power and Control over everything and everyone's lives, under their planned Political Agenda for enslaving all human lives, under their planned Political Marxism/Socialism centralized government, with human depopulation programs of the Human Depopulation Organizations of the Globalist, all for their One World Government Order, eventually Step by Step, including all Nations of this World!! The best favor and actions "We the People" of these united States of North America can ever do in action, is not ever Vote for any Candidates, with so-called Representatives and Incumbents of this Political Party, the Ractical Democratic Party, the Despots Organized Crime Political Party, not one Vote for this Political Party, as this will Sustain these united States of North America, our Democratic Constitutional Republic, our Constitution and it's Bill of Rights for the United States of North America and our Nation, for many generations ahead!! Have a great day, today! Let's Go Brandon Administration, with it's Political Party, say goodbye, 👋 the sooner, the better for all of "We the People" of these united States of North America and Nations of this World! 🤔😠😤💪🇺🇸
It’s also companies like region and black rock buying up all the land and properties they can at double the price….. which increases the pricing on average citizens…. The great reset is in motion. You will own nothing and be happy. Thanks biden… such a nice guy. The gvmt has one job… to prevent monopolies… now we have monopolies in food, materials, banking, housing, hospitals, travel, etc…. Thanks biden!
Rent cost is not something that comes back down. Once up, it stays up. Are property taxes gonna come back down? No. There's already retirees getting taxed out of their own homes.
My heart breaks for the struggles faced by renters, it is so hard to find a place unless you are really rich or really poor and qualify for section 8 housing, there really are not many places for middle class people.
@Nathan Blair you right about that. These are so bills that will wipe you out = car insurance, health insurance, life insurance, home insurance, lawnmower insurance, computer insurance, cellular phone insurance, man I could go on for days insurance
@Nathan Blair huh? Are you saying you're OK with this? Middle classe America should be able survive on their own, build families, and not struggle to the point that they have to get roommates. That's outrageous.
The wealthy elites. They want thier slaves back. They want thier monarchy back. They don't like eachother. Much less the working class. Slavery not only existed long before America made it a black thing. But was a everyday common thing, with little rebuttal. So don't think race matters.
Greed and control never seem to get together and allow for each other to exist, then when one sheds light on the other, all kinds of confused people start to be interviewed. After the confusion expert is gone we all see that it's just greed and control that are important, not the law not the people not safety. Greed and control.
I am a landlord and I raised rent 12.5% this year. As operating costs of the units increase, rent levels must respond. I am not the Department of Housing and Urban Development.
@@networth8754 its not right to raise peoples rent...its already hard enough out here, and the jobs are not paying enough ...im not at all saying let people stay for free, im just saying leave the rent rate at the agreed price it was at move in...no rent increase ...uncompassionate landlords don't even care that the residents cannot afford rent increases.
The demand for housing would be much lower with the border under control. When you bring in millions of illegal immigrants the demand for housing skyrockets. Also drugs would be less available. And he would have kept Bagram in Taliban deal. And of course the Ukraine crisis would not have happened. With biden it's crisis after crisis.
I was hoping he’d come out at his first rally and talk about being us together. Instead he came out talking about 2020. If he can’t move on in his mind, we need someone who can.
I hope that the Northerners moving to Florida will try to remember that lots of elderly people live here, and they have as much right to be on the road and to grocery shop as everybody else. I was in the car with my parents the other day and they were honked at for doing nothing more than stopping at a red light. There are also grocery stores my parents don’t frequent anymore because the other customers are so rude and impatient. I am a native, this is a very recent development, and I feel perfectly comfortable laying it at the feet of people who have moved in from out of town.
@@omikredarhcs8221 They keep voting blue which is why they can't fix it. So now they are moving to FL but still want to complain about our governor while they benefit from our low taxes and conservative laws.
So landlords can’t evict if tenants refuse to pay. Does that mean Landlord can ignore paying property taxes and mortgage? The insanity is extraordinary.
Easier to finance a home or mobile for less per month than rent! However both require a substantial income. Truth is the government wants everyone on federal subsistence. It's a way to remove private ownership.
@David Plays true. Not all, but most Republicans are a different side of the same coin. We need term limits, voter ID, and strict, non-partisan poll watchers. A fair review of bank accounts of the life long politicians with millions of dollars might open some eyes. There is corruption on both sides. The government is rotting from the top down and we all suffer.
I bought my house the month before the pandemic started I am lucky only $1220 a month and I can't wait until the day I pay it off I'm not letting it go
home sales are crazy.. the average home in my area was about 220k 3 years ago.. Now looking at the homes for sale, the median price is 350k. There is NOBODY in my area that has gotten a raise that will support that.
but look at the loan payments. they are the same. silly but its true. but just wait when interest goes up they will be no one to resale these homes to. then market crashes, government steps in and pays off these peoples homes.
Hell I could've said everything they said 2 years ago. Where have these people been?!?!?! We're about to have the biggest housing and homeless crise this country have ever seen. And it's all because of greed nothing more nothing less
Greed has ran unchecked for years, looking back at all the BS you can see all the what looks like to us bad choices but to them good choices because they’re getting paid to make them at our expense!
No. Not 2008. Homeowners got screwed in 2008 when lenders were giving out loans like candy.. Now it's renters getting screwed. And everyone else actually with ridiculous inflation.
The nail in the coffin will be interest rates going over 4-5%.... bye bye 👋 homeowners and renters....the banks will get bailed out again....it's coming
In defense of some landlords, when the govt allows folks to live free for 12-18 months, there will be consequences, including increased rent for those who did the right thing and paid their rent during the pandemic.
I live in a private RV park for the past 4 years and with in the last two months we've had our monthly rent jump up from $714 to $899 starting next month. I first moved in there at $450 a month 4 years ago. I moved there because I was living in my car. A co-worker very cheaply sold me his trailer I was hoping to save money for a mortgage. But it looks like I can't even afford a campsite now.
Yep. Campsites have jumped 200-300 bucks since last season. My uncles site almost doubled. I know this firsthand. No amenities were added, they didn’t lose any money so…why🤷🏼♀️
My sister just got a rent increase notice of $400 a month. A Las Vegas renter on the news saw his rent go from $1995 per month to $3,995. Landlord wasn't sympathetic at all when approached by news reporter.
Yea Vegas rents and home prices are ridiculous right now. Used to be a really affordable place if u could deal with the heat and shitty school district
@@vencounter2818 how do you think California has over 1 million homeless they're doing this on purpose NWO, agenda 21 forces people into settlement camps, it sounds insane, but Biden as President !... he passed a crack-smoking kit program of 30 million dollars , figure it out
No kidding.... grampa is not going to sell his 1965 bungalow he paid 7k for,,, if he;s earning 80k every year on its value. He's laughing, 🤣. Because the gov keeps lowering interest rates. That effects everything! Rent, demand and supply. There was once a time where old people sold their homes and invested in bonds, etc. 8-10 -12% interest. They don't need to do that now, they stay put and turn the house into a nursing home,,lol, Young people don't care if house values fall, time is on their side. RAISE INTEREST RATES !!!!!!!
@@babbalonian2 Raising interest rates increases the cost of the Fed servicing the deficit, so it was raised under Trump, they are unlikely to do much under Biden, Trump gets in again up it will go. They only raise rates to soak Republican administrations. This is why they won't move on Biden. If he has to pay $2 trillion a year more on servicing the debt, there went his Green New Deal.
I just made comment before I scrolled to yours. I totally agree, but would like to add that Blackrock is working with WEF. I read and looked up, but can't remember which way but some of the higher positions transferred from one organization to the other (board members). "You will own nothing and be happy " How F'd up is all of this.
democrats import illegal immigrants from all over the world and disperse them in the night. Lots of drugs are coming thru southern border. can you say "evil" ? Now these sicko democrats are desperate to pass amnesty or voting legislation...they are slimy scum.
"The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy." -- Ludwig von Mises
Bless your heart! My boyfriend has been learning how to survive on the land, has bought a lot of survival gear. He said it's best to be prepared because we could all be homeless besides the rich.
democrats are secretly dispersing illegal immigrants from all over the world in the night. 2 million / year...so of course there will be housing shortages. biden is destroying this country.
Everything is getting crazy. Biden's administration is certainly getting the worst of me and most Americans. I for one has been hit very hard and at this point, I am more interested in a solution. What is the way forward for the less fortunate ones like me? How do we survive this phase? I am slowly losing my mind.
Simple solution: Live below your means, Invest a good percentage of your money in something as lucrative as foreign exchange but of course be well informed about where you want to put your money. Made my first million this way earlier this year (through the help of a pro though). This admin has got nothing on me
@@jamesjane5539 Amazing approach. You mentioned something about an expert. Tried my hands on that, wasnt so successful Who's he? Sounds quite amazing...
In the 1990's millions of Americans bought their first homes, then came the Great Outsourcing 1997/98 and 10 million were foreclosed on by 2007 as the Meltdown hit in 2008. This is just the same thing all over again - only worse.
The big problem is that people still live in New York. California, Illinois, New York, 3 communist states. They offer crime, homelessness, drug use. Florida offers jobs, housing, family living, republican run
@@robertf976 World Economic Forum, UN, WHO and more have offices in New York. Lots of commies in those states. Also Willys Best didn't even mention Wall Street.
Every landlord should sue the government for all back rents stemming from government policies that allows tenants to live for free in apartments that landlords still pay high mortgages on. It's like taking money out of someone's pocket and giving to someone else.
That would equate to suing yourself and every american who pays taxes.. what we need to do is fire everyone that voted for this and restructure the government itself.
One of the main reasons that so many rents are going up, especially in major metropolitan areas, is that landlords are trying to recoup some of the money that the politicians took out of their pockets via unconstitutional eviction moratoriums that allowed deadbeat "victims" to live rent free for over a year, while the owner was still obligated to pay the monthly mortgage. Many owners who got clipped in this manner have removed their rental units from the market, either selling them as private family homes, converting them to condos, or going the Airb&b route, collecting by the week from credit cards. Yes, there are a lot fewer units available, and you can thank the squatters for that, because although many of them maintained their jobs, they nevertheless took full advantage of the moratoriums to avoid paying rent, and did so without consequence. I saw this market correction coming since the day these cockeyed moratoriums went into effect.
Yes... stimulus checks, unemployment money, rental moratorium... there is no free lunch people. You will pay those FREE MONEY back with interest (inflation, rental and housing market crisis). It is not fair for REAL honest hardworking Americans...
What you said us pure poetry to us small landlord's whom today are at the mercy of these crack pot laws that force us to provide for criminals. And that's right my 2 Apts aren't for rent. Not worth it.
We had one out of six try that free rent crap. Took 2 months to get her out but she got out. No money for rent? No money to fix things. I do believe the main thing was when her power got cut off. I will never have a contract that doesn't make a renter pay for their electric
@@tinacollier1447 Who said life is fair? I pay much higher health insurance because of people who smoke and are morbidly obese. Is their unwillingness to take proper care of themselves my fault?
Correction. Because of mass immigration raising the rent and lowering wages, there are a lot of renters and people who will not ever find a place to live. Fixed it for you.
My rent went up over 300 dollar's! So starting next month I have to leave everything behind and live in my aunt's shed! Thank God it has air and heat. Davidson county in Tennessee is outrageous! In fact most of Tennessee is and from what I've heard this is happening nationally!
Yes Everything is getting more expensive. Housing, food, utilities, etc.. Inflation has been inching up for the past year. Add on those minimum wage hikes, energy skyrocketing and don’t forget about the feds spending money by the trillions. It’s a recipe for disaster
@@tedb7402 After the depression we might be able to build back to the so-called 'good ole days', if people wise up and keep democrats away from administrative positions.
Yes-I’m just outside Maryville/Knoxville area in the country and daily see CA and IL tags. I started keeping tally on my phone because it’s so odd to me seeing so many out of state tags on my little country backroad. We sold our house in Knoxville sight unseen cash offer over asking in the first 2 minutes it was on MLS. Got lucky with the house we downsized to.
what's driving rent higher is the cheap money from zero interest rate which allow big corporations to take up loans to buy properties at higher value then charge the renters to recoup their investments. Notice most properties have new owners.
Seniors were young in the last of this country’s gravy days. What did you do with your income from then? Did you not know you were getting older by the hour?
The mortgage payment for the last 15 years on my 2 story 1750 Sq.Ft. home was $475. It's paid off now, all because I learned long ago that being a renter sucks.
Being a renter is not so bad when you are not able to save up for an $80,000 downpayment and don't have a $90,000+ job to secure a mortgage. Of course it depends on where you want to live, but I would say that's pretty much average. Sure it sucks being a renter but most people just don't have the resources to buy a home.
kids are taught in college buying is bad. had a kid (3rd year college kid) told me he wasnt going to pay taxes and would just rent. then i asked him to ask his professor who pays the taxes , he said land lord. then i asked who pays the land lord. 2 years later he bought one.
@@vanavatareight5135 why does everyone think you need 80,000 for a downpayment. 3.5% is all you need. That's it we just purchased 320k guess what we brought to the table $9,500 DOWNPAYMENT. I'd pay anything not to have a landlord ever again!
@@MsPrice-pn2py Well, I wish I was living where you are and had that opportunity. Sounds like going back in time to the 1990s. I guess you can get away with paying less for a downpayment in some places, but when 15-25 people want the same house in most cities I would be willing to live in or near and my offer is a 3.5% downpayment while more than half are offering 20%, you can probably imagine that I have a snowball's chance in hell at getting that house.
Rentals have gone up nationwide, but letting tenants live rent free only happens in blue cities. It's a good way of gutting out the middle class and create a separation of classes.
There are few basic "Human Rights" contrary to contemporary beliefs and the PRIMARY ONE is "Shelter" a Priority to those who are indigenous to a Culture/Nation, especially those who make a contribution to the general well being of all. Clean water, clean air and food are perhaps of equal importance but without permanent shelter they can be of little consequence - protection from the elements is essential. So, providing "shelter" to "an excess" of people immigrating , illegal or otherwise, without prioritising natural born citizens is UNETHICAL AND IMMORAL!!!!!
@@davidplays6286 It’s sick isn’t it…? Unbelievable how inhumane they are…Killing women and children and pregnant women too. They are COWARDS! All of them.
Also this rent moratorium is ridiculous already. The mandates have been dropped, this administration has taken on new problems. Time to start paying up. Where’s the relief for people that didn’t make excuses and stayed current? This is sort of like the whole student loan forgiveness. Why should you be allowed to be irresponsible when other people broke their backs to pay off their loans?
It's so big investment firms (Blackrock), who are in cahoots with WEF, can scoop them up because they have the money to overbid, pay, and run up everyone's property taxes so we can "own nothing and be happy".
Rental unit supply is down because of the eviction bans. It's better for the owner to sit on the property and not rent it rather than have someone live there for free and do damage and wear and tear on the property that the owner has to repair.
Also, as property values go up, so do property taxes and insurance premiums. The price of repairs due to higher material and labor costs is also a factor. When prices go up for the landlord, the price of rent goes up too. I know this because I am a property manager.
As a landlord because of all this nonsense that went on with covid I am now very very selective when it comes to renters. Gone are the days that I would rent to someone with marginal credit. Someone that has excellent credit is not likely to be a flaky renter and will make sure they get the rent to me on time. Just the hard cold facts of life.
I was a trucker and while being unloaded i always talked to the Mexicans. To get a good paying job unloading trucks the boss always ashs where you live and are they renting? seems to get the job he had to rent one of the bosses houses at outragious rent. One of the perks of being the boss i guess.
@Luke H You are right of course. Here in the UK i bought my first house on my less then generous wages alone in 1970. Now of course , i could not afford to do that, on the equivalent wages, not even of doubling that. I feel very strongly on the subject, whether here in the UK or America. NO ONE SHOULD LIVE ON THE STREET, NO EXUSES! NONE!
Basically they've bought up most of the rental properties and this is how you own nothing and like it according to the world economic form you have to rent everything at whatever price they rent it to you for
Huge markets in Dallas and Houston too, Jeff Sica....Why are we always left out of the examples. I guess that's a good thing to be ignored in one of the country's largest populated states. Hell half of California moved to Texas the past 2 years...they're building all the time.
I smell an economic collapse very soon because when rents and houses get higher then what normall working people can afford that's when you see a crash. Just like in 2008
I live in a little small town in Southeast Tennessee. When I moved in to this 2 bedroom apartment for $640 a month. Last year it went up to $670 a month. First of this year the apartment complex was sold to a northeast company. For a 2 bedroom like mine has gone up to $900 a month. I can not afford that. The property manager said it could be 5 to 10 years before my rent is up to the $900 level. That is crazy.
There are a lot of homes , apartments and condos for sale and rent in south Florida but when you see the cost of them it’s disgusting how high they are ,homes that aren’t worth 85k selling for 300k and more is criminal and it goes up from there, they have made it so middle class families can’t afford to live there and it’s like that all over the country, I don’t see a shortage of places to live just a huge shortage of money that people have to afford to live there
The rent on a one-bedroom apartment in Johnson City, TN I heard about this week is $1800. That is price gouging at its worse. There is an evil in our country that every business and person who rents or sells stuff including manufacturers, grocery stores, etc., etc. wants to maximize their profits whether inflation is really affecting the price of the item or them. That is greed, pure and simple. Morality is out the window in our country it seems.
The world just spent two years in lockdown where companies weren't making their normal profits. Now they are making up for it by screwing us over every way possible. It's nothing more than corporate and elite greed.
3/19/22...LANDLORD has mortgage + insurance + upkeep + maintenance + property tax + some utilities + unexpected costs on rental property. WHEN these expenses rise, the landlord MUST add these costs onto the basic rent you are paying. THAT IS JUST A FACT OF THE BUSINESS WORLD!
When will government reduce regulations that prevent the construction of new units. The answer is not regulating prices, it is reducing regulations impeding supply.
At this point, paying mortgages is cheaper than paying a rent... it will bring more buyers to the market along with devaluation of their money (inflation) everyday. You also need to consider property tax right off.. Less homeowners will sell their homes because they don't want higher interest rates with the current bidding war.
why sell your home you paid 220K for to get 350K. then buy a 350K home why? but in a few years and things settle down who will they sell them to when new cost less? then you have to look down the road. when trump tax break runs out and standard deduction goes from 12K back to 4K. watch that in a couple of years.
As a North Carolina resident. I have a skill trade . I work a full time job and I can barely pay my rent!!! $1300 a month for an apartment yet the bank won’t approve me for a mortgage at $700 a month
I would switch banks. Find a local. And $1300] a month a practically FREE in North Cal. There are plenty of programs for 1st te buyer. So your lying or just want attention 🤔 🙄
@@scoobymc3375 crazy how times change. Cause 12 years ago! Banks took advantage of ALL THE HISPANICS community. They were hit the hardest!!!!! When the house market crashed. " SO, YES. TO BAD YOUR NOT HISPANIC!" 😉
I work at a nursing home in Florida and have started seeing more people in their 50's and 60's being admitted after going to the hospital because they were evicted from their apartments. They are obviously on a fixed income and can't afford the drastic increases being levied on them. It absolutely is creating a large spike in homelessness. It's awful!
What are you talking about , nursing homes cost a lot more than any rent. And Medicare of medicade has to approve to live in one. No one would pay themselves to stay in one
When they admit someone that doesn't have a place to go then they are obligated to keep them if they have a bed available unless they can find alternate placement. You don't realize the amount of money they lose every year on indigent care.
A lot of big fund managers are buying homes .. they have no business taking peoples homes away and making them un affordable .. there needs to be laws in place to protect young families from parasitic corporate behaviour.. some things should be sacred.
From what I've seen as soon as someone moves out of a rental unit the landlords upgrade the unit and list it as,a luxury apt. Landlords are upping the rents.
Families need to help each other. I have my 3 young adults living with my wife and I. Homes are too expensive in California, and the rent is ridiculous. Having the worst President in history, and a real bad governor, combine makes life difficult.
One reason rents are increasing dramatically is large real estate corporation's are buying up a lot of rental units. They really like buying 1980"s buildings that are a bit tired looking but structurally sound ,where the rents are low. They do some renovations to spiffy up the exterior look ,do some landscaping and renovate the units cost effectively. Then they jack up the rents. This takes reasonable priced rental apartments off the market and it has a ripple effect of increasing rents in other apartment buildings. Investors like the formula as the company shares are backed by real assets and as well as increased share value the companies pay good dividends.
Then, buy stock in the "big companies...that are raising the rents" If you have it figured out, put your money where mouth is and buy their stock so you can collect dividends and build wealth through price appreciation.
@@theprof8714 I understand your point but shelter is a basic need. Rental apartment buildings used to be considered long term solid low risk investments for those that invested in them. You charged rent that paid down the mortgage, allowed for maintenance costs ,taxes etc and returned a reasonable profit. The renters essentially pay off the mortgage and the investors are left with a paid off asset. But this new breed of "big companies" investing in real estate wants to accelerate that formula by increasing rents to a point that returns a much higher return. They tend to be property management companies that have used investors money to buy up these properties and then they charge a hefty management fee. Recently a property investment/management company in Saskatewan Canada declared bankruptcy. Epic Alliance controlled 504 properties in Saskatoon and North Battleford - valued at a combined $126 million - when it fell apart. A lot of the properties they had purchased were in fact uninhabitable .They were planning on renovating them. So I would be very careful on which companies I invested in during this real estate boom market. You may find they are shady companies that are attempting to cash in on a current economic situation. These companies buy up properties at a high price then turn around and raise rents 30% or more. They displace current tenants many of which are on a fixed income or work in lower paying jobs. Frankly I don't think their formula is a good long term investment.
We America’s on the street,but government finds homes for the people from other countries that comes here and they set them up with jobs housing,medical,food. You Know how hard it is to get a place .they want you to have good credit,first ,last month rent and a cleaning deposit.
I'm thinking of selling my very small apartment complex in Mountain View, CA. I don't want to deal with the Rent Control people here. Just a lot of paper work that accomplishes nothing. I offer reasonable rents and have 2 elementary school teachers and 1 associate prof as renters and work on keeping things reasonable. But they want to pile on more and more regulations as if we are criminals.
OMG you still own rental property in CA? I already sold all of mine last year... You can still get a good CASH offers in the market. I hope corporations landlords would handle those B.S. regulations and rent control. GL!
@@shawncrabtree7000 Well, you're right. I can still sell...but I live in one unit of my apartment complex....But it won't take much to push me over the edge. Yeah, turn it over to corporate landlords with staff to do the BS and lawyers to fight.
The thing is, we want you to stay in New York and California, where you screwed everything up and made it unaffordable, and NOT come to Florida and bring that with you. We're just fine here on our own, Thanks!
In California, for example, it is nearly impossible to get building permits due to not in my backyard legislation. Many blue cities and states are over regulated, preventing new development.
I'm in Fort Lauderdale. I've been seeing more and more people sleeping in their cars all over the place. Supermarket parking lots, wawa parking lots, etc. I'm sure it's the same in a lot of other places. I'm not one for too much regulation, but something has to be done soon. The rents are absolutely out of control
I live in south carolina ,it's going on here and I'm sure it's everywhere and will only get worse.its all about GREED and our politicians don't care about us and if we have to live in our cars.
The facts are there are SO many corporations buying up all the supply at higher than asking prices in order to create a MASSIVE rental market. Look it up. As a result, there is a shortage of affordable houses. It's a seller's market right now. Not to mention all the owned real estate that sits empty to just be a money holder to launder a billionaires money/ Some cities have started blocking corporations from buying housing in their cities because of the prices they tend to rent at. It's NOT immigration. Also with the rate of births dropping yearly in america due to no system to incentivize having children affordably, soon immigration will be the only way to have enough workers to pay enough taxes into the system to even maintain what is already in use. Much less anything that gets added. College didn't become unaffordable out of pocket until the government started giving away money that people can't bankrupt on to everybody that asked for it regardless of whether they could afford to pay it back. The stock market has been over inflated with not substantive backing and it's only a matter of time before they cause the next collapse. We can only go like 8-10 years in America before the government choices and unchecked capitalism causes a collapse.
@@jtlatitude I’m aware. BlackRock is getting 18% return on their investment in buying up homes. Roe vs Wade led to the 2008 mortgage crash. Powell made sure all assets went up to protect assets of the wealthy.
I’m sorry, what? Roe vs Wade had nothing to do with that. Banks were hedging money and lending for homes to anything with a pulse and so when the market shifted and the fed changed the interest rates a little, people all of a sudden had more house than they can afford and led to mass evictions. End result was an entire system collapse and a ton of empty homes with no buyers due to better regulation in bank lending. They relaxed those restrictions and now banks are at it again hedging money with reckless regard and allowing corporations to pay way more than houses are worth artificially inflating the market setting it up to collapse again. This is unregulated capitalism at its finest. Screw everyone as long as the corporations get to get richer and take advantage of actual taxpayers.
@@jtlatitude Why were they selling houses to people who clearly couldn’t afford them before the 2008 crash? They had inventory but no buyers. Do the math and look at plummeting births after abortion was legalized. People buy homes in their 30s.
@@jtlatitude You got it partly right. This is planned not a coincidence. We just figure it out after the cons blows up and banks get fined for criminal activity. Republicans trying to ban abortion because they see the impact of low birth rates on the economy. So open the border and let people in to work and pay taxes.
I want to know how we suddenly have a housing shortage. I remember not that many years ago tons of real estate sitting vacant. I could see it in North Texas all over the place. Houses sitting on the market for months. Seems to me like there are shortages were people are flooding in, but the areas they are flooding out of should be developing vacancies at scale.
I have great renters that didn't burn me during the Covid lockdowns. They easily could have. My property manager said we could raise their rent a few months ago for the next year. I said, hell no! Not the right thing to do after what they DIDN'T do to me last year. Doing the right thing works both ways. If your renters didn't burn you last year when they very easily could have, cut them some slack this year.
i did same thing on a rental home-they did'nt shaft me so no rent increase last two yrs-have a friend who also rented a very nice home but got took for 15 months rent and had to pay taxes- insurance all the same while these people had same income as before biden gave them free rent -that is one reason rent is going up now
@@jimjessie2704 great point because if I DID get burned, those renters would be out now and I'd raise rent at least 25% in a second.
I also have just 1 tenant that didn’t burn me and that’s a great business partner u can work with. And hell no I wouldn’t raise the rent.
Make money while you can , raise rent
Just wait a while he's change that tune
So let's make the situation worse by allowing millions to flow into the country.
Yeah , allowing millions to flow into the country, while allowing our hard earned tax $$ to flow right on out of our country! Make it make sense
Democrat logic !!
And have to compete with them when they get everything for free.
And they will
GET HOUSING !!!
Exactly. But according to Nancy Pelosi it's immoral not to let them millions come in and get freebies
This administration is breaking the back of America. I have never seen people this poor. Please , for sake of us all, get this Administration out of the White House.
People this poor is not because OF THIS ADMINISTRATION. Learn some hostory, some economics and some american politics.
@@deepdude4719 Try taking your own advice.
You can’t stop corruption with votes you need a civil war against them
I hope everyone saved their stimulus money
@@juliovalencia4948 we never got stimulus we got scammed
I thank God everyday for my amazing landlord. He hasn't raised my rent $0.01 during this whole crap. He's actually lowered it by $200 to help me and my family out being that I'm a single dad. God bless him!
Not all landlords are greedy profiteers. Most are
Wow. That is a huge blessing!
You are really lucky. I am a single mom.have to move out next month because the owner not want to renew thd lease... live here for 4 years and always pay rent on time
That’s an amazing blessing.
Neither has my landlord. That's why I won't move
The problem is the government. Period. Career politicians have brought us to this point. Term limits anyone? F J B.
Not to mention the elites who want to keep their multi-million dollar mansions so they outsource jobs
term limit. so bad you dont keep the job. trump
when are you all going to learn that it does not matter who is in that oval office, they do not care about the general public?
I WILL AGREE WITH THAT!!!
@@yakzivz1104 THEY JUST DON'T GET IT!!! ARGUING ABOUT THIS PARTY AND THAT PARTY, PLEEEZZEEE!! THESE FOOLS ONLY CARE ABOUT ONE THING and that's THEIR POCKETS!!
AMERICANS BE DAMNED!!!
Jimmy Carter is no longer the worst President ever.
Not President more like a resident!
Definitely not anymore. Biden took that title away quickly.
biden is way way ahead after a year and 2 months. Energy dependence, open borders, inflation, and foreign policy disaster...couldn't possibly be worse. Open borders is causing high rents. And now this freak is saying spending like a drunken sailor won't cause inflation?
And he managed to live to see it.
Jimmy Carter has done more for his fellow man than any politician alive today. More than you and more than me.
Rent is going up everywhere. I have friends that are couch surfing and living in their cars, and they were doing good a couple of years ago. Our global economy is being restructured and Biden is in on it.
Getting normal now for people in good full time jobs to live in a car. Any housing is literally 4x what they can afford.
I knew a guy that moved into his van and I ran into him 5 years later and he aged terribly and his teeth were rotting out. He probably ate a lot of candy bars for food. You can easily die young living in a car or van for too long.
why do you think youtube and other major companies were pimping out these "van life" influencers a few years ago? Many people bought into it... dumb idea.
@@brandonfreeman6517 dumb but the only thing affordable
You would think by now anyway that masses of people would've caught on by now. That's why Kamala Harris is always laughing. Because she knows they have to collapse this economy to go on a global economy
I tried to warn my friends at the beginning of the pandemic that the way it was being handled would eventually lead us to another great depression. They laughed in my face. I only hope I was wrong, but it's looking like it could be worse than the great depression. Most people during that time had farms and the knowledge to grow their own food. People today know how to make dancing tik toks
Same. We moved and bought a farm.
Saw on my local news channel today that people are concerned about America heading into a recession.
There are other news articles you can research that suggests the same.
I try to warn them too but ignorance is bliss. And no you're not wrong. When the sh&t hits the fan, we're all screwed
I said the same thing
A lot of farmers lost their farms during the great depression
“YOU’LL OWN NOTHING, AND BE HAPPY” ... Trump warned you.
I own a shotgun and handgun, with a lot of bullets. I beg to differ with those people that say that, and try to enforce that.
@@cainabel6356 now the men in the dark suits will come after you.
@@omikredarhcs8221 - LOL! Why? Did I threaten someone? No. I just stated I have a shotgun and handgun with a lot of bullets. That I beg to differ with those people that say that, and try to enforce it. I stated only facts.
The Great Reject
@MrSpeedDemon72 replied: "Seth Houser you think that little hand gun and shot gun is going to stop a government agency from taking anything from you of you if they really want it? Stop pretending you're..."
To answer his question, that he quickly deleted. It may or may not stop a government agency from doing horrible things to me in the end, but it will give them a problem to deal with and will open the eyes to others, to show them that you can not run or hide from an evil government that will try to stomp on your throat.
As Americans we're going to have to get this corrupt swamp out if we have to do it ourself. Our country will not stand another year of this corrupt administration.
YOU VOTED FOR THEM
It won't happen. They can do what thet want, they have control of everything. We're doomed.
What are you going to do about? The U.S. Constitution outline some provisions to address an out of control government, but I doubt you will lay it on the line; not even the oath takers want to risk losing their jobs and jail time, not to mention their lives.
People scared
What Biden said about Putin right...He can't stay in power.
what do you think allowing 2 millions non-educated "immigrants" into the country every year would do to the cost of housing????
LETS GO BRANDON!
Two million people and nowhere to house them
John Doe, to your comment, the answer is, Invasion Chaos and demographics change, to our Democratic Constitutional Republic, our Constitution and it's Bill of Rights for the United States of North America, within our Nation, to dominate to become a Spanish speaking Nation or a Arabic Speaking Nation, dominating the English Language and Alphabet, without Boarders, there is
no National Security and no Sovereignty of these united States of North America, all for the Ractical Democratic Political Party, as they are actually, the Despots Organized Crime Political Party, as they are doing actions of the Globalist, all for their Crazed Lust for all Power and Control over everything and everyone's lives, under their planned Political Agenda for enslaving all human lives, under their planned Political Marxism/Socialism centralized government, with human depopulation programs of the Human Depopulation Organizations of the Globalist, all for their One World Government Order, eventually Step by Step, including all Nations of this World!! The best favor and actions "We the People" of these united States of North America can ever do in action, is not ever Vote for any Candidates, with so-called Representatives and Incumbents of this Political Party, the Ractical Democratic Party, the Despots Organized Crime Political Party, not one Vote for this Political Party, as this will Sustain these united States of North America, our Democratic Constitutional Republic, our Constitution and it's Bill of Rights for the United States of North America and our Nation, for many generations ahead!! Have a great day, today! Let's Go Brandon Administration, with it's Political Party, say goodbye, 👋 the sooner, the better for all of "We the People" of these united States of North America and Nations of this World! 🤔😠😤💪🇺🇸
@@LuckysLair Oh yeah, lots of rentals to house them, and the Fed prints money. 700,000 apartments a year is all he asks.
2 it's actually like 10 to 12 million
It’s also companies like region and black rock buying up all the land and properties they can at double the price….. which increases the pricing on average citizens…. The great reset is in motion. You will own nothing and be happy. Thanks biden… such a nice guy. The gvmt has one job… to prevent monopolies… now we have monopolies in food, materials, banking, housing, hospitals, travel, etc…. Thanks biden!
Rent cost is not something that comes back down. Once up, it stays up. Are property taxes gonna come back down? No. There's already retirees getting taxed out of their own homes.
I'm paying 10% of my take home on property taxes (they are pretty high due to my area though)
Bingo
Picture this. I can afford to put 40% down on a house but can't afford to buy it because property taxes will be $400 month!
Exactly. This is why rent for my houses have pretty much doubled.
@@steez54321 only $400 a month? That's not too bad lol. I was paying that like 3 years ago, I'd be stoked if it was still that cheap.
My heart breaks for the struggles faced by renters, it is so hard to find a place unless you are really rich or really poor and qualify for section 8 housing, there really are not many places for middle class people.
When the poor rise up and start killing the rich we'll know why. And it's happened many times in the past.
Thank you for saying this. It’s a struggle but we will prevail.
@Nathan Blair you right about that.
These are so bills that will wipe you out = car insurance, health insurance, life insurance, home insurance, lawnmower insurance, computer insurance, cellular phone insurance, man I could go on for days insurance
@Nathan Blair huh? Are you saying you're OK with this? Middle classe America should be able survive on their own, build families, and not struggle to the point that they have to get roommates. That's outrageous.
Housing is a scam
“In reality they’re not after me. They’re after you.” “I’m just in the way" Donal Trump
Whos Yhey??
@@SamuelClemente7718 ask Donald my friend he said it
@@fernandozuazua2991 so you don't know? Great 🤦♂️🤦♂️🤦♂️🤦♂️
@@SamuelClemente7718 OK they are the commies ,comrade
The wealthy elites. They want thier slaves back. They want thier monarchy back. They don't like eachother. Much less the working class.
Slavery not only existed long before America made it a black thing. But was a everyday common thing, with little rebuttal. So don't think race matters.
And when you add all the illegal immigrants being sent around the country taking all available housing it compounds it,
Go Brandon
The lack of supply in blue states is due to regulations that make construction prohibitively expensive.
The biggest reason is immigration and other population increases. End immigration and much of the demand will dry up over time.
Yep ungodly fees, bad zoning etc.
@@lilylittlemonster5 illegal immigration and illegal/underground state/ federal sanction human caravan trafficking
Greed and control never seem to get together and allow for each other to exist, then when one sheds light on the other, all kinds of confused people start to be interviewed.
After the confusion expert is gone we all see that it's just greed and control that are important, not the law not the people not safety.
Greed and control.
The Weakening Of Big Bank Regulations Under Trump Is The Seed For The Next Financial Crisis by Mayra Rodriguez Valladares May 22, 2019 Forbes
Politicians hate Landlords. How you let someone live in your house for free (don't pay). It's insane.
I am a landlord and I raised rent 12.5% this year. As operating costs of the units increase, rent levels must respond. I am not the Department of Housing and Urban Development.
The Weakening Of Big Bank Regulations Under Trump Is The Seed For The Next Financial Crisis by Mayra Rodriguez Valladares May 22, 2019 Forbes
Get use to it people, if democrates stay in charge that will be the norm
@@networth8754 its not right to raise peoples rent...its already hard enough out here, and the jobs are not paying enough
...im not at all saying let people stay for free, im just saying leave the rent rate at the agreed price it was at move in...no rent increase
...uncompassionate landlords don't even care that the residents cannot afford rent increases.
@@egarza9241 Something else Biden can blame on Trump. At this rate, Biden will never have to be accountable for anything.
Say what you want about Trump but this mess didn't exist under his watch.
President Trump was a business man and knew how to run the country.
The demand for housing would be much lower with the border under control. When you bring in millions of illegal immigrants the demand for housing skyrockets. Also drugs would be less available. And he would have kept Bagram in Taliban deal. And of course the Ukraine crisis would not have happened. With biden it's crisis after crisis.
Amen. What’s going on is by design to crash this economy and usher in socialism. Today’s people like to be fooled.
Thats the truth. Orange man bad, say mean things. Did a great job as president though.
I was hoping he’d come out at his first rally and talk about being us together. Instead he came out talking about 2020. If he can’t move on in his mind, we need someone who can.
He asked, when will this all stop, as soon as you get rid of the Biden administration and the Democratic party, can I have an Amen
It’s both open your eyes
Amen!
Amen
I hope that the Northerners moving to Florida will try to remember that lots of elderly people live here, and they have as much right to be on the road and to grocery shop as everybody else. I was in the car with my parents the other day and they were honked at for doing nothing more than stopping at a red light. There are also grocery stores my parents don’t frequent anymore because the other customers are so rude and impatient. I am a native, this is a very recent development, and I feel perfectly comfortable laying it at the feet of people who have moved in from out of town.
A lot of rude northerners are moving to FL. Trust me, they honk at everyone. It's ironic how they are running to red states.
They need to go back where they came from
The cowards are always the first to move to another state instead if trying to fix what is wrong in their own state.
@@omikredarhcs8221 They keep voting blue which is why they can't fix it. So now they are moving to FL but still want to complain about our governor while they benefit from our low taxes and conservative laws.
Northerners will make Florida, expensive.
So landlords can’t evict if tenants refuse to pay. Does that mean Landlord can ignore paying property taxes and mortgage? The insanity is extraordinary.
I wish the government could just print my taxes instead of deducting them from my income. Modern monetary theory says it can.
One step ...no they can't just have suck it up
Gerald Celente
When people lose everything, they lose their minds.
It's the blind leading n sleepy joe!
Of course not. All money belongs to the government. That's how liberals think.
I don’t care what processes there are for removing a sitting “president”, someone needs to yank this guy out of office
Needs to be taken to the train station.......
@@michaelraub9351 One can only hope.
Not just him this entire socialist regime.
The problem is, he isn’t running the country. You have to take obama out, with ALL OF THE RATS from his administration
Be careful for what you ask. It can always be worse
Easier to finance a home or mobile for less per month than rent! However both require a substantial income. Truth is the government wants everyone on federal subsistence. It's a way to remove private ownership.
Control..
call that socialism
Yep, exactly. CONTROL of the assets, means control of the people.
Reset
This is a fact.
People wanted more government; This is what you get.
Vote democrats out nationwide
@@somethingsomethang it’s all of them you fool
@David Plays true. Not all, but most Republicans are a different side of the same coin.
We need term limits, voter ID, and strict, non-partisan poll watchers. A fair review of bank accounts of the life long politicians with millions of dollars might open some eyes. There is corruption on both sides. The government is rotting from the top down and we all suffer.
@@cynthiamarshall6004 we need to stop voting period that’s the only thing we can do
@@davidplays6286 how is not voting at all going to solve anything?
I’m so thankful my home is paid off. I could never ever be able to afford todays rent. I feel for todays youth.
I bought my house the month before the pandemic started I am lucky only $1220 a month and I can't wait until the day I pay it off I'm not letting it go
Must be good to be 80 huh
home sales are crazy.. the average home in my area was about 220k 3 years ago.. Now looking at the homes for sale, the median price is 350k. There is NOBODY in my area that has gotten a raise that will support that.
but look at the loan payments. they are the same. silly but its true. but just wait when interest goes up they will be no one to resale these homes to. then market crashes, government steps in and pays off these peoples homes.
350k is dirt cheap - you couldn't buy a dumpster for that price in Seattle, even abandoned properties sell for more than that.
Average home in my area is 75k I paid 24k cash for mine
@@MrBlaze256 is Ted Kaczynski's old place next to yours?
BlackRock Investment and their World Economic Forum buddies. You will own nothing and be happy.
60 percent of my monthly income goes to rent if I wasn't sharing the bills with my sister, I would be homeless its crazy!
@Roger Scott lucky you
I hear you can afford more phentenol if you live in a tent in some city park. Consider the upside!
@Roger Scott neat
well make you sure not a-hole to your sister and help in the house and outside too.
@@esecallum LOl no worries on that part I would never leave the burden for her.
Hell I could've said everything they said 2 years ago. Where have these people been?!?!?! We're about to have the biggest housing and homeless crise this country have ever seen. And it's all because of greed nothing more nothing less
Unlimited immigration costs money.
@@donaldkasper8346 yes it certainly does
Lust for profit
Greed has ran unchecked for years, looking back at all the BS you can see all the what looks like to us bad choices but to them good choices because they’re getting paid to make them at our expense!
This is 2008 all over again, right down to Jim Cramer telling everyone there's nothing wrong and the economy is as strong as ever.
jimbo 's been drinking alot
Yess
No. Not 2008. Homeowners got screwed in 2008 when lenders were giving out loans like candy.. Now it's renters getting screwed. And everyone else actually with ridiculous inflation.
The nail in the coffin will be interest rates going over 4-5%.... bye bye 👋 homeowners and renters....the banks will get bailed out again....it's coming
@@realfreedom8932 don't see how this affects current homeowners. Unless they lose jobs.
This is what happens when the US has a weak President. Vote republican in November.
It matters which Republicans stay too. Seems most of them are an illusion of opposition.
In defense of some landlords, when the govt allows folks to live free for 12-18 months, there will be consequences, including increased rent for those who did the right thing and paid their rent during the pandemic.
Exactly. Landlords need to recoup losses, and they will hike rents this year no doubt
Right! I can’t believe they extended it so many times.
Also with the increased in property values, taxes go up! More for the hardworking people trying to do right.
In defense of all landlords. They deserve their money. The government is on the hook. Pathetic response by the government. Third worldly.
I paid 2yrs straight never late got booted 2 months ago for no reason good tenants get treated like ish too
I live in a private RV park for the past 4 years and with in the last two months we've had our monthly rent jump up from $714 to $899 starting next month. I first moved in there at $450 a month 4 years ago. I moved there because I was living in my car. A co-worker very cheaply sold me his trailer I was hoping to save money for a mortgage. But it looks like I can't even afford a campsite now.
Wow! I didn’t consider RV parks would increase lot rents that much!
Yep. Campsites have jumped 200-300 bucks since last season. My uncles site almost doubled. I know this firsthand. No amenities were added, they didn’t lose any money so…why🤷🏼♀️
Thats ridiculous!! All ur doing is renting a small portion of land rather than a whole house or apartment!!?!?!!!
My sister just got a rent increase notice of $400 a month. A Las Vegas renter on the news saw his rent go from $1995 per month to $3,995. Landlord wasn't sympathetic at all when approached by news reporter.
Their choice to agree to the new rates.... 🙄
Landlords have increased costs too, especially repairs taxes and insurance.
@@AMX86 They absolutely do! But $2k more a month? Come on
Yea Vegas rents and home prices are ridiculous right now. Used to be a really affordable place if u could deal with the heat and shitty school district
@@vencounter2818 how do you think California has over 1 million homeless
they're doing this on purpose NWO, agenda 21 forces people into settlement camps, it sounds insane, but Biden as President !... he passed a crack-smoking kit program of 30 million dollars , figure it out
People don’t want apartments they can’t afford to buy a house! I think BlackRock and the Cares Act are the main reason this has gone off the rails
Zero percent interest rates and money printing are the problem, Period!
No kidding.... grampa is not going to sell his 1965 bungalow he paid 7k for,,, if he;s earning 80k every year on its value. He's laughing, 🤣. Because the gov keeps lowering interest rates. That effects everything! Rent, demand and supply. There was once a time where old people sold their homes and invested in bonds, etc. 8-10 -12% interest. They don't need to do that now, they stay put and turn the house into a nursing home,,lol, Young people don't care if house values fall, time is on their side. RAISE INTEREST RATES !!!!!!!
The interest rates should have been raised several years ago.
@@babbalonian2 Raising interest rates increases the cost of the Fed servicing the deficit, so it was raised under Trump, they are unlikely to do much under Biden, Trump gets in again up it will go. They only raise rates to soak Republican administrations. This is why they won't move on Biden. If he has to pay $2 trillion a year more on servicing the debt, there went his Green New Deal.
Besides a completely incompetent WH admin !
@@donaldkasper8346 That's o.k, raise interest rates. Trust me. The rich are enjoying this while the middle and lower class are getting f'ed.
Thank blackrock and zillow and other huge companies buying up all the starter homes so 40% dont really have much shot at buying
The CIA owning houses. That’s funny
It is Blackrock that is buying up residential properties.
I just made comment before I scrolled to yours. I totally agree, but would like to add that Blackrock is working with WEF. I read and looked up, but can't remember which way but some of the higher positions transferred from one organization to the other (board members). "You will own nothing and be happy " How F'd up is all of this.
What are you talking about. Homelessness is already through the roof. One failed policy after another.
Democrats make you poorer
democrats import illegal immigrants from all over the world and disperse them in the night. Lots of drugs are coming thru southern border. can you say "evil" ? Now these sicko democrats are desperate to pass amnesty or voting legislation...they are slimy scum.
"The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or a disease that comes like the plague. Inflation is a policy." -- Ludwig von Mises
👍
Its also the worst tax of all.
Happened to me!!! Landlord selling the house out from under me after 6 years - gave me 3 weeks to get out. It nearly killed me.
I am so sorry to hear that Jackson. I hope everything's going all right for you
Bless your heart! My boyfriend has been learning how to survive on the land, has bought a lot of survival gear. He said it's best to be prepared because we could all be homeless besides the rich.
Homeless people everywhere, Tents everywhere, RVs everywhere.
The tent people are druggies.
@Nancy Davieau Of course not.. Because they will live in your house☺
democrats are secretly dispersing illegal immigrants from all over the world in the night. 2 million / year...so of course there will be housing shortages. biden is destroying this country.
@@huckleberryfinn338 Country is already destroyed. We are morally & financially bankrupt.
I live in an RV now. A year ago I was a homeowner
Everything is getting crazy. Biden's administration is certainly getting the worst of me and most Americans. I for one has been hit very hard and at this point, I am more interested in a solution. What is the way forward for the less fortunate ones like me? How do we survive this phase? I am slowly losing my mind.
Simple solution: Live below your means, Invest a good percentage of your money in something as lucrative as foreign exchange but of course be well informed about where you want to put your money. Made my first million this way earlier this year (through the help of a pro though). This admin has got nothing on me
@@jamesjane5539 Amazing approach. You mentioned something about an expert. Tried my hands on that, wasnt so successful Who's he? Sounds quite amazing...
@@patsyryan9316 A she actually "Nancy Lynn Lewis", she was in the news when she revived Grumac sometime in 2018. You can check her out online for more
@@jamesjane5539 Wow I know this little lady,, Once attended a seminar she was also in attendance here in Texas,, Great speaker,,
@@luzmullins7691 This right here is the second time I am coming across this name in a week. Came across her podcast and it was lit
In the 1990's millions of Americans bought their first homes, then came the Great Outsourcing 1997/98 and 10 million were foreclosed on by 2007 as the Meltdown hit in 2008. This is just the same thing all over again - only worse.
Do you think the federal government will somehow develop legislation to "bail out" people who will be facing foreclosure over the next few years?
@@danielvalenzuela8814 maybe so they look like hero’s
The big problem is that people still live in New York. California, Illinois, New York, 3 communist states. They offer crime, homelessness, drug use. Florida offers jobs, housing, family living, republican run
Yeah. Wall Street is so communist. Jesus do you even think before you type this babble
@@robertf976 World Economic Forum, UN, WHO and more have offices in New York. Lots of commies in those states. Also Willys Best didn't even mention Wall Street.
Every landlord should sue the government for all back rents stemming from government policies that allows tenants to live for free in apartments that landlords still pay high mortgages on. It's like taking money out of someone's pocket and giving to someone else.
That would equate to suing yourself and every american who pays taxes.. what we need to do is fire everyone that voted for this and restructure the government itself.
One of the main reasons that so many rents are going up, especially in major metropolitan areas, is that landlords are trying to recoup some of the money that the politicians took out of their pockets via unconstitutional eviction moratoriums that allowed deadbeat "victims" to live rent free for over a year, while the owner was still obligated to pay the monthly mortgage. Many owners who got clipped in this manner have removed their rental units from the market, either selling them as private family homes, converting them to condos, or going the Airb&b route, collecting by the week from credit cards. Yes, there are a lot fewer units available, and you can thank the squatters for that, because although many of them maintained their jobs, they nevertheless took full advantage of the moratoriums to avoid paying rent, and did so without consequence. I saw this market correction coming since the day these cockeyed moratoriums went into effect.
Yes... stimulus checks, unemployment money, rental moratorium... there is no free lunch people. You will pay those FREE MONEY back with interest (inflation, rental and housing market crisis). It is not fair for REAL honest hardworking Americans...
What you said us pure poetry to us small landlord's whom today are at the mercy of these crack pot laws that force us to provide for criminals. And that's right my 2 Apts aren't for rent. Not worth it.
We had one out of six try that free rent crap. Took 2 months to get her out but she got out.
No money for rent?
No money to fix things.
I do believe the main thing was when her power got cut off.
I will never have a contract that doesn't make a renter pay for their electric
What about those who paid and They're rent still went up? That's not fair to the ones who paid.
@@tinacollier1447 Who said life is fair? I pay much higher health insurance because of people who smoke and are morbidly obese. Is their unwillingness to take proper care of themselves my fault?
Correction. Because of mass immigration raising the rent and lowering wages, there are a lot of renters and people who will not ever find a place to live. Fixed it for you.
Jobs will be taken by immigrants soon, also.
My rent went up over 300 dollar's! So starting next month I have to leave everything behind and live in my aunt's shed! Thank God it has air and heat. Davidson county in Tennessee is outrageous! In fact most of Tennessee is and from what I've heard this is happening nationally!
Yes Everything is getting more expensive. Housing, food, utilities, etc.. Inflation has been inching up for the past year. Add on those minimum wage hikes, energy skyrocketing and don’t forget about the feds spending money by the trillions. It’s a recipe for disaster
@@ouiser1955 You are absolutely correct! The good ole day's will never return I'm sad to say!
@@ouiser1955 not to mention letting 2 million "immigrants" into the country every year.... can you say "housing shortage"??
@@tedb7402 After the depression we might be able to build back to the so-called 'good ole days', if people wise up and keep democrats away from administrative positions.
Yes-I’m just outside Maryville/Knoxville area in the country and daily see CA and IL tags. I started keeping tally on my phone because it’s so odd to me seeing so many out of state tags on my little country backroad. We sold our house in Knoxville sight unseen cash offer over asking in the first 2 minutes it was on MLS. Got lucky with the house we downsized to.
The main thing that is driving rents higher is the endless increase in PROPERTY TAXES, but the politicians don't like to talk about that.
what's driving rent higher is the cheap money from zero interest rate which allow big corporations to take up loans to buy properties at higher value then charge the renters to recoup their investments. Notice most properties have new owners.
Property taxes that don't don't impove anything. The dirt that my home sits on wasn't given to the city or county.
Seniors don't want low income, we want affordable housing
Seniors were young in the last of this country’s gravy days. What did you do with your income from then? Did you not know you were getting older by the hour?
The thing about high taxes is when you're homeless, it doesn't matter
it does matter other things went up besides rent.
Adacosten yu rent hause 35000000seim
l live cheaper than most homeless by owning my home. 800 a month pays all my bills.
@Ron White cost of living is or was also cheaper so you can't make all states pay the same thing. We aren't 1 state
or paying income tax
The mortgage payment for the last 15 years on my 2 story 1750 Sq.Ft. home was $475. It's paid off now, all because I learned long ago that being a renter sucks.
Being a renter is not so bad when you are not able to save up for an $80,000 downpayment and don't have a $90,000+ job to secure a mortgage. Of course it depends on where you want to live, but I would say that's pretty much average. Sure it sucks being a renter but most people just don't have the resources to buy a home.
Amen. And learn a lesson people buying a house is not an investment when you have to live in it. And it doesn't have to be the most expensive
kids are taught in college buying is bad. had a kid (3rd year college kid) told me he wasnt going to pay taxes and would just rent. then i asked him to ask his professor who pays the taxes , he said land lord. then i asked who pays the land lord. 2 years later he bought one.
@@vanavatareight5135 why does everyone think you need 80,000 for a downpayment. 3.5% is all you need. That's it we just purchased 320k guess what we brought to the table $9,500 DOWNPAYMENT. I'd pay anything not to have a landlord ever again!
@@MsPrice-pn2py Well, I wish I was living where you are and had that opportunity. Sounds like going back in time to the 1990s. I guess you can get away with paying less for a downpayment in some places, but when 15-25 people want the same house in most cities I would be willing to live in or near and my offer is a 3.5% downpayment while more than half are offering 20%, you can probably imagine that I have a snowball's chance in hell at getting that house.
Not just happening in blue cities and states. Happening everywhere.
You have the FED, Jerome Powell, and his money printer to thank for this!!
Rentals have gone up nationwide, but letting tenants live rent free only happens in blue cities. It's a good way of gutting out the middle class and create a separation of classes.
This is already happening 4 months ago. Everyone is so far off with what Americans and their families are going through 🙄🤢😭
There are few basic "Human Rights" contrary to contemporary beliefs and the PRIMARY ONE is "Shelter" a Priority to those who are indigenous to a Culture/Nation, especially those who make a contribution to the general well being of all. Clean water, clean air and food are perhaps of equal importance but without permanent shelter they can be of little consequence - protection from the elements is essential. So, providing "shelter" to "an excess" of people immigrating , illegal or otherwise, without prioritising natural born citizens is UNETHICAL AND IMMORAL!!!!!
The higher ups or who ever with any sense need to remove biden and this administration NOW !
You got that right Van!! But the higher ups are complicit as well, so it HAS to be the people now!!
It’s all of them fool the republicans and democrats have the same goal
the illuminati control lieden, theyre sick and evil pos ! good luck
This is what happens when we have weak leaders and none of them want to do the their jobs.
Biden and Harris are not capable of doing their jobs…
You mean corrupt leaders that don’t care and are doing all this on purpose
@@davidplays6286 It’s sick isn’t it…? Unbelievable how inhumane they are…Killing women and children and pregnant women too. They are COWARDS! All of them.
Not only a weak leader, but one who hires his cabinet staff based on "diversity" rather than qualified individuals.
They are doing their jobs- this is what they had intended!
Also this rent moratorium is ridiculous already. The mandates have been dropped, this administration has taken on new problems. Time to start paying up. Where’s the relief for people that didn’t make excuses and stayed current? This is sort of like the whole student loan forgiveness. Why should you be allowed to be irresponsible when other people broke their backs to pay off their loans?
Agreed 💯
It’s been ended In June 2021
It's so big investment firms (Blackrock), who are in cahoots with WEF, can scoop them up because they have the money to overbid, pay, and run up everyone's property taxes so we can "own nothing and be happy".
A,email!
Rental unit supply is down because of the eviction bans. It's better for the owner to sit on the property and not rent it rather than have someone live there for free and do damage and wear and tear on the property that the owner has to repair.
Also, as property values go up, so do property taxes and insurance premiums. The price of repairs due to higher material and labor costs is also a factor. When prices go up for the landlord, the price of rent goes up too. I know this because I am a property manager.
When does wages go up in
As a landlord because of all this nonsense that went on with covid I am now very very selective when it comes to renters. Gone are the days that I would rent to someone with marginal credit. Someone that has excellent credit is not likely to be a flaky renter and will make sure they get the rent to me on time. Just the hard cold facts of life.
I was a trucker and while being unloaded i always talked to the Mexicans. To get a good paying job unloading trucks the boss always ashs where you live and are they renting? seems to get the job he had to rent one of the bosses houses at outragious rent. One of the perks of being the boss i guess.
I would never rent to someone with bad credit , a felony, anyone with pets, and would evict if they were 1 day late. Sorry, there is no excuse.
@@kennethyoung2077 that’s just straight manipulation. Anyone with a backbone would laugh in his face and find a different job
ANOTHER big thank you to Biden and this disaster of an administration
There's nothing good about inflation. They've got to get it fixed.
Feds will raise interest rates…
@@rickkittredge7723 yep. They have really “screwed the pooch” on this one.
@Radwyn Althor Not really, their debt actually grows faster due to inflation.
This is by design. The calculated savior will be GOVERNMENT HOUSING . More government control and gifting.
Gates is buying up a lot of land, no telling what that demon is up to.
It ends when we get the liberals out of the white house ! 🤬
Supply - people can't afford apartments.
@Luke H You are right of course. Here in the UK i bought my first house on my less then generous wages alone in 1970. Now of course , i could not afford to do that, on the equivalent wages, not even of doubling that. I feel very strongly on the subject, whether here in the UK or America. NO ONE SHOULD LIVE ON THE STREET, NO EXUSES! NONE!
I wonder how many Americans are having voter regret, now....
Probably no one since I can't find anyone who voted for the clown
@Hattie Lankford
YES, that is such a shame; I am so disappointed in Donald Trump.
Sorry, but I believe people thay voted biden are so delusional that they still blame Trump. No reason provided.
Basically they've bought up most of the rental properties and this is how you own nothing and like it according to the world economic form you have to rent everything at whatever price they rent it to you for
You buy a mobile home and park along the Colorado River for free like the annual snowbirds do.
I don't think this is correct. Tenants are being priced out of units they already occupy.
I paid my house of 13 yrs early under Trump i knew this admintration was going to wreak havoc on the econmy and market .
Huge markets in Dallas and Houston too, Jeff Sica....Why are we always left out of the examples. I guess that's a good thing to be ignored in one of the country's largest populated states. Hell half of California moved to Texas the past 2 years...they're building all the time.
Aman !
I smell an economic collapse very soon because when rents and houses get higher then what normall working people can afford that's when you see a crash. Just like in 2008
I agree with you 100%
You are correct! This one however will be much worse! I,am gratified that many greedy scumbag "landlords" will get clobbered in the coming collapse!
I live in a little small town in Southeast Tennessee. When I moved in to this 2 bedroom apartment for $640 a month. Last year it went up to $670 a month. First of this year the apartment complex was sold to a northeast company. For a 2 bedroom like mine has gone up to $900 a month. I can not afford that. The property manager said it could be 5 to 10 years before my rent is up to the $900 level. That is crazy.
Here in Alaska a 2 BR in the crime filled part of town will cost you $1200 a month minimum
I’m paying way more than $900 for one bedroom in a house with 3 others in Santa Cruz. WTF
There are a lot of homes , apartments and condos for sale and rent in south Florida but when you see the cost of them it’s disgusting how high they are ,homes that aren’t worth 85k selling for 300k and more is criminal and it goes up from there, they have made it so middle class families can’t afford to live there and it’s like that all over the country, I don’t see a shortage of places to live just a huge shortage of money that people have to afford to live there
The rent on a one-bedroom apartment in Johnson City, TN I heard about this week is $1800. That is price gouging at its worse. There is an evil in our country that every business and person who rents or sells stuff including manufacturers, grocery stores, etc., etc. wants to maximize their profits whether inflation is really affecting the price of the item or them. That is greed, pure and simple. Morality is out the window in our country it seems.
. but i would guess you wouldnt what any home less than 500K to suit you. but do you have 100K down payment
The world just spent two years in lockdown where companies weren't making their normal profits. Now they are making up for it by screwing us over every way possible. It's nothing more than corporate and elite greed.
3/19/22...LANDLORD has mortgage + insurance + upkeep + maintenance + property tax + some utilities + unexpected costs on rental property.
WHEN these expenses rise, the landlord MUST add these costs onto the basic rent you are paying.
THAT IS JUST A FACT OF THE BUSINESS WORLD!
When will government reduce regulations that prevent the construction of new units. The answer is not regulating prices, it is reducing regulations impeding supply.
Many govts have the eco- socialist, green wokist mindset that halts and building.
We can get rid of our problems when we get rid of this administration... IMPEACHMENTS. NOW...
You see the domino effect when fuel prices go up? Then food ( most immediately), then goods, then housing, etc.
At this point, paying mortgages is cheaper than paying a rent... it will bring more buyers to the market along with devaluation of their money (inflation) everyday. You also need to consider property tax right off.. Less homeowners will sell their homes because they don't want higher interest rates with the current bidding war.
why sell your home you paid 220K for to get 350K. then buy a 350K home why? but in a few years and things settle down who will they sell them to when new cost less?
then you have to look down the road. when trump tax break runs out and standard deduction goes from 12K back to 4K. watch that in a couple of years.
As a North Carolina resident. I have a skill trade . I work a full time job and I can barely pay my rent!!! $1300 a month for an apartment yet the bank won’t approve me for a mortgage at $700 a month
The economic game is rigged.
I would switch banks. Find a local. And $1300] a month a practically FREE in North Cal. There are plenty of programs for 1st te buyer. So your lying or just want attention 🤔 🙄
If you was an immigrant, you wouldnt have no problem. I'm not hispanic but I look like one. If I knew how to speak spanish, I would have it made.
@@scoobymc3375 crazy how times change. Cause 12 years ago! Banks took advantage of ALL THE HISPANICS community. They were hit the hardest!!!!! When the house market crashed.
" SO, YES. TO BAD YOUR NOT HISPANIC!" 😉
Obama's third term is going swimmingly...
I work at a nursing home in Florida and have started seeing more people in their 50's and 60's being admitted after going to the hospital because they were evicted from their apartments. They are obviously on a fixed income and can't afford the drastic increases being levied on them. It absolutely is creating a large spike in homelessness. It's awful!
What are you talking about , nursing homes cost a lot more than any rent. And Medicare of medicade has to approve to live in one. No one would pay themselves to stay in one
When they admit someone that doesn't have a place to go then they are obligated to keep them if they have a bed available unless they can find alternate placement. You don't realize the amount of money they lose every year on indigent care.
We had an eviction ban here in England through covid....its a disaster for landlords let me tell ya!!
Shits crazy out here in these streets
A lot of big fund managers are buying homes .. they have no business taking peoples homes away and making them un affordable .. there needs to be laws in place to protect young families from parasitic corporate behaviour.. some things should be sacred.
There's a lot of foreign ownership as well so citizens are having to compete with wealthy foreigners or wealthy investors.
From what I've seen as soon as someone moves out of a rental unit the landlords upgrade the unit and list it as,a luxury apt. Landlords are upping the rents.
What in the end game of having suck dumb ideas? Cant evict for non payment of rental housing.
Just keeps getting better doesn't it? If this is what's going on at the highest levels of government, what the heck is happening locally?
Families need to help each other.
I have my 3 young adults living with my wife and I. Homes are too expensive in California, and the rent is ridiculous. Having the worst President in history, and a real bad governor, combine makes life difficult.
🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️ typical Trump supporter. LETS SEE WHO TO BLAME!
The only construction I ever see is luxury housing.. 600k dollar houses everywhere.. who is getting paid all this money? All the jobs pay 12 an hour..
Educated yourself. I make $60 an hour and I arrived in this country 5 years ago
There is already so much homelessness.. Poor, disabled, old people are really affraid of having nowhere to go.
One reason rents are increasing dramatically is large real estate corporation's are buying up a lot of rental units. They really like buying 1980"s buildings that are a bit tired looking but structurally sound ,where the rents are low. They do some renovations to spiffy up the exterior look ,do some landscaping and renovate the units cost effectively. Then they jack up the rents. This takes reasonable priced rental apartments off the market and it has a ripple effect of increasing rents in other apartment buildings. Investors like the formula as the company shares are backed by real assets and as well as increased share value the companies pay good dividends.
Been happening all over Dallas, TX 😭
Blackrock
Then, buy stock in the "big companies...that are raising the rents" If you have it figured out, put your money where mouth is and buy their stock so you can collect dividends and build wealth through price appreciation.
@@theprof8714 I understand your point but shelter is a basic need. Rental apartment buildings used to be considered long term solid low risk investments for those that invested in them. You charged rent that paid down the mortgage, allowed for maintenance costs ,taxes etc and returned a reasonable profit. The renters essentially pay off the mortgage and the investors are left with a paid off asset. But this new breed of "big companies" investing in real estate wants to accelerate that formula by increasing rents to a point that returns a much higher return. They tend to be property management companies that have used investors money to buy up these properties and then they charge a hefty management fee. Recently a property investment/management company in Saskatewan Canada declared bankruptcy. Epic Alliance controlled 504 properties in Saskatoon and North Battleford - valued at a combined $126 million - when it fell apart. A lot of the properties they had purchased were in fact uninhabitable .They were planning on renovating them. So I would be very careful on which companies I invested in during this real estate boom market. You may find they are shady companies that are attempting to cash in on a current economic situation. These companies buy up properties at a high price then turn around and raise rents 30% or more. They displace current tenants many of which are on a fixed income or work in lower paying jobs. Frankly I don't think their formula is a good long term investment.
“Where does this end ?” THE GREAT RESET !
The Great Reject
We America’s on the street,but government finds homes for the people from other countries that comes here and they set them up with jobs housing,medical,food. You Know how hard it is to get a place .they want you to have good credit,first ,last month rent and a cleaning deposit.
I'm thinking of selling my very small apartment complex in Mountain View, CA. I don't want to deal with the Rent Control people here. Just a lot of paper work that accomplishes nothing. I offer reasonable rents and have 2 elementary school teachers and 1 associate prof as renters and work on keeping things reasonable. But they want to pile on more and more regulations as if we are criminals.
OMG you still own rental property in CA? I already sold all of mine last year... You can still get a good CASH offers in the market. I hope corporations landlords would handle those B.S. regulations and rent control. GL!
@@shawncrabtree7000 Well, you're right. I can still sell...but I live in one unit of my apartment complex....But it won't take much to push me over the edge.
Yeah, turn it over to corporate landlords with staff to do the BS and lawyers to fight.
I get that you want to sell. I would go to a less problematic state to retire.
Sell and buy in a landlord friendly state.
The thing is, we want you to stay in New York and California, where you screwed everything up and made it unaffordable, and NOT come to Florida and bring that with you. We're just fine here on our own, Thanks!
Dem regulations have created this mess
Please elaborate.
In California, for example, it is nearly impossible to get building permits due to not in my backyard legislation. Many blue cities and states are over regulated, preventing new development.
I'm in Fort Lauderdale. I've been seeing more and more people sleeping in their cars all over the place. Supermarket parking lots, wawa parking lots, etc. I'm sure it's the same in a lot of other places. I'm not one for too much regulation, but something has to be done soon. The rents are absolutely out of control
I live in south carolina ,it's going on here and I'm sure it's everywhere and will only get worse.its all about GREED and our politicians don't care about us and if we have to live in our cars.
Los Angeles area the tent cities are crazy..
How much is 2/1 rent in Ft. Ld.?
Well what did you expect,open border?No housing availability's.
THANK JOE BIDEN.
And that's just one problem.🙄
We went from too many houses in 2005 that they gave mortgages to anyone with a pulse to a shortage of 7 million homes in 2022.
The facts are there are SO many corporations buying up all the supply at higher than asking prices in order to create a MASSIVE rental market. Look it up. As a result, there is a shortage of affordable houses. It's a seller's market right now. Not to mention all the owned real estate that sits empty to just be a money holder to launder a billionaires money/ Some cities have started blocking corporations from buying housing in their cities because of the prices they tend to rent at. It's NOT immigration. Also with the rate of births dropping yearly in america due to no system to incentivize having children affordably, soon immigration will be the only way to have enough workers to pay enough taxes into the system to even maintain what is already in use. Much less anything that gets added. College didn't become unaffordable out of pocket until the government started giving away money that people can't bankrupt on to everybody that asked for it regardless of whether they could afford to pay it back. The stock market has been over inflated with not substantive backing and it's only a matter of time before they cause the next collapse. We can only go like 8-10 years in America before the government choices and unchecked capitalism causes a collapse.
@@jtlatitude I’m aware. BlackRock is getting 18% return on their investment in buying up homes. Roe vs Wade led to the 2008 mortgage crash. Powell made sure all assets went up to protect assets of the wealthy.
I’m sorry, what? Roe vs Wade had nothing to do with that. Banks were hedging money and lending for homes to anything with a pulse and so when the market shifted and the fed changed the interest rates a little, people all of a sudden had more house than they can afford and led to mass evictions. End result was an entire system collapse and a ton of empty homes with no buyers due to better regulation in bank lending. They relaxed those restrictions and now banks are at it again hedging money with reckless regard and allowing corporations to pay way more than houses are worth artificially inflating the market setting it up to collapse again. This is unregulated capitalism at its finest. Screw everyone as long as the corporations get to get richer and take advantage of actual taxpayers.
@@jtlatitude Why were they selling houses to people who clearly couldn’t afford them before the 2008 crash? They had inventory but no buyers. Do the math and look at plummeting births after abortion was legalized. People buy homes in their 30s.
@@jtlatitude You got it partly right. This is planned not a coincidence. We just figure it out after the cons blows up and banks get fined for criminal activity. Republicans trying to ban abortion because they see the impact of low birth rates on the economy. So open the border and let people in to work and pay taxes.
Wage and price controls would have prevented this mess.
But the Fed wanted this pain and suffering.
I want to know how we suddenly have a housing shortage. I remember not that many years ago tons of real estate sitting vacant. I could see it in North Texas all over the place. Houses sitting on the market for months. Seems to me like there are shortages were people are flooding in, but the areas they are flooding out of should be developing vacancies at scale.
Open borders, Trump kept them out starting 5 years ago.
Where they are moving out of is where Biden is moving in the illegals for free. 😉
In many areas, it's called "Airbnb"...