When you take advantage of less unfortunate people you will fail every ttime. its in the bible. Look at the shape this country is in. This country has taken advantage of less unfortunate people for 500 years
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
California 30 years ago used to be an oasis in every way possible in terms of people moving there. Now is a dystopian hellhole which is unrecognizable.
I was pushed out of my old apartment in the BAy Area and now its selling for 2 million dollars as a condo. Thats insane. Prices are out of hand.@@DorathyCampbell
Whether it be landlords or other companies, such as insurance companies, car insurance, everyone’s trying to squeeze every last penny they can get out of you these days and it is getting annoying
America’s practices are so predatory in literally every single plausible way: healthcare, housing, living wage, school tuition/student loans, gas, groceries, every day-to-day necessity. What even is an “American Dream” anymore? *This is a NIGHTMARE.*
@@GoogleAccount00 They will let kids take out thousands for school loans but won't let them take out thousands for a house to build equity on. A lot of Canadian investment firms in my area are buying homes and selling them to rent.
I know a person in her mid 80s living out of her car. Tried to help, but felt I was being used, she never offered up any help around my house, even though she was able bodied. She seemed to be proud of being lazy. She wasn't on drugs. If someone offers a homeless person a hand up, the homeless person should show a little gratitude, by offering a helping hand towards the upkeep of the house. Maybe even offer to wash the dishes.
@@heyheytaytay My point is the elderly contributed to this country in some form or fashion and so this country should take care of the elderly especially if they need it. On a side note 3 categories of people that I think should be taken care of in this country are 1)the elderly- they contributed to this country, 2)the military- they protect this country and 3)children- they're the future of this country. Now how they should be taken care of can be discussed but in my opinion those 3 should be top priority.
@@heyheytaytay man if they’re old they’ve definitely worked and contributed enough already. 75 years of work is enough to get off for a while. In addition, many elderly people are now disabled and thus can’t work. That’s why retirement exists lol. The question is why the living hell aren’t they getting any money for rent.
I worked 60 yrs. I am 94 yrs. old. I live in a 1 b/r apt. in Plano, Tx. My RENT is 68% of my Soc. Sec. Check. I had to give up Cable, sell my Vehicle, (could not afford the Insurance and Mtn. on it). It is difficult to maintain a signal on my cell phone because the cell phone tower has been relocated. Strongest signal I can get is one bar. I keep the phone on a table next to a window in order to pick it up. Because I live on the first floor and there are blgs. in front of my apt. It is a flip phone not a smart phone. I also have to pay the electric bill also. Texas is the only state in the Union not connected to the National Grid. Thank goodness North Dallas has a FOOD BANK where there is FOOD available for Seniors.
Social Security should pay all retirees equally. I retired at 64 and get a check for $2,275. Because I bought my house for cash before I retired (in CA with our Prop 13 protection), my monthly bills are less that $1275 including food, utilities, insurance, and everything so I have plenty left every month. But what makes my contribution to society as a worker more valuable than someone who worked hard for 60 years but who only gets a $1500 check? That should be fixed. Whether you're an M.D. or a Garbage Collector, both of those jobs are necessary and should be rewarded in retirement equally imho.
The "National Grid" is only in the NE part of the US and Texas is part of the SW. You pay about 40% less for electric than the people who buy from the National Grid. Cell service is spotty in the US since we are so large. I own my own home in California and I only have 1 bar cell phone.
Man, I am really sorry to hear this news 😢 is this my retirement future too?! We work so hard, and it seems like when we get old, they give us nothing in return. Wow!!
This is more common than you would think. I don't usually generalize or categorize people but I have no affection for "Real Estate Developers". Ironically our last presidential administration was full of those types. Slumlords
@@curiouscat3384 I can't stand them either. I'm a volunteer AND A LANDLORD. You can make a decent living & still not charge ppl a fortune & work with them. The developer/fortune hunter types are so slimy. So many of these bastards took the Pandemic money but plead poverty. Or they would not take it, so they could evict desperate ppl, many of whom had been paying them faithfully beforehand. And all the predatory types hide behind the problem tenants as an excuse for everything when most of them are not like that.
My grandma's rent went up around 40% and she is on social security. Unfortunately she couldn't afford to live anymore and moved in with my family. Imagine working your whole life just to end up homeless. What a damn shame.
If we don't build more housing we'll end up like in 1850 when an entire extended family would all share one communal house, four people per bed, sleeping in opposing orientations.
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
You are right! I have diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
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@@user-go2st5fi9wit's a scam. people put comments like this on all kinds of videos and talk of incredible gains hoping to get people to invest/screw them out of their money
Or may it be that hedge funds have become owners of a significant portion all the real estate companies and combined with other relative holdings and special interest lobbying are driving the push to increase profits regardless of how it is accomplished. They seem to own about 10 pct of damn near everything and that seems almost literal. Imagine how that can be used to exert influence in ways we cant even imagine but they have.
There are places in the USA with rent control too. There are also smaller towns that are much cheaper to live in here in the USA - you just need to research & go visit. It is hard for people to live the more expensive cities if that’s where their friends & family are. You CAN still find reasonably priced places if you try.
The best part of this is you are usually not eligible to get a mortgage due to your credit score but somehow you can pay the same or even higher monthly payments for your rent. 👏
I work in property management. The state I live a Credit report is required. You credit score on a mortgage largely effects your interest rate vs borrowing amount
@@User-54631 sounds like an excuse. If I can pay $1900 for rent I should be given a $1400 mortgage easily. Especially if I've shown consistently over years to pay on time everytime.
@@User-54631 ya sure, but if you are a fresh immigrant or someone who never actually needed to build credit, you’d get filtered by the system when you apply for a mortgage. You might get the same checks for renting from a property management company but there you have more of a check of financial failures ( like bankruptcies etc ) therefore it makes it easier to go for renting if you are just starting your life.
@@georgeford6506 how much you putting down? Debt to income ratio? The bank will view it as Person A puts 50k of his money down Person B puts 5k down. The bank views it as person A is more likely to not walk away cause they got 50k in the fight vs person B who doesn’t even have a used car in the fight. Housing is timing. I bought my first house in CA In Medium size city making 12/hr in 2011 for under 100k lived there 5 years sold it and made almost 200k moved to a major city used the money I made for a down on a new home. Which putting so much down. The payment on a 400k home would be less then a 2 bed apartment. Then I refinanced during the pandemic and put in a pool. My house payment is less then a 2 bedroom apartment in the city I live. For context if your rent is 1900 you paying a lot more then me. and I have a 4 bedroom house with a in-ground pool in a decent neighborhood
Yes of course, you can rent month to month with bad credit which is high risk for the owner, otherwise why would a bank give you a 20-30yr loan without credit? A lower payment does nothing to guarantee your employment.
Affordable housing doesn’t even account for people who are working with decent jobs and literally are still paying 50% of their income in rent. Edit: I didn’t think this comment would get this many likes so it comforting to see that a lot of you all agree with my observation. I’d also like to address a lot of the comments that assume that I even made this comment about myself or I am “living above my means”… the people that I am referring to are not paying 2400 for a swanky one bedroom in downtown. They are paying 2400 for a old, run down, white appliances barely unkept one bedroom with zero amenities and no utilities ….I’m seeing a lot of assumptions which is a huge part of the issue in first place.
True, in California, more than 40% of millenials are still living with their parents, 16% are living in overcrowded conditions, 12% are commuting more than an hour each way every day, and basically everyone is rent burdened. This is a housing shortage, and nothing will help except legalizing building dense urban transit oriented apartments.
@@StraightFelon I'm in this situation right now. Leaving is probably the best option, but there's no where to go still within driving distance to work. So I'd need to find a new job in a cheaper area. But I don't qualify for a lease in a new area because I won't have an income when I move in. So I'm just kind of stuck here, paying over half my income to rent. I've picked up a second job and am saving that money. And THAT income doesn't count when applying for a mortgage, for whatever reason. The whole situation is just kind of shitty.
@@cjhale2772 that is really shitty that your second job does not count when applying for mortgage. I live in London. I make what you’ll call a decent salary but unfortunately I still can’t afford to get a mortgage even with government assistance (which comes to an end March 2023). And I’m looking outside London but within an hr commute to work and I still can’t find an apartment not house that wouldn’t take up 60% of my income. You can’t get a decent job outside London. Most of it is in central London. In the end, I may have to go for a one bedroom and hope it appreciates after 2 years so I can sell and hopefully save for a better place.
The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the California area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?
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I love how minimum wage increases have to be phased in to not "burden employers," but rents are allowed to double or triple overnight with zero regard for the burden on tenants.
@@missdesireindependance5194 - people want to increase their income, but dont want to increase their skills... they want the entry level French fry cook to support a family of 4.. How about move up to store manager ? how about getting your own business someday?
@@williamhaynes7089 In 1969 the average salary for a retail trade worker was $75,000 (adjusted for inflation) compared to $50,000 today, manager made $90,000 compared to $65,000 today. The skills for these jobs haven't changed, yet the money given for them has significantly decreased. But it's a skill issue apparently.
I retired with 1800 dollars a month, I couldn't afford my medicine after paying rent and utilities. I now live in South America and am comfortable and it's sad the USA has come to this, thanks Vice for reporting this.
A basic place under roof should be a right, not a privilege. Here in L.A., a tiny one bedroom or studio can cost $2500-3000. This is a madness and something needs be done.
Me and a friend got a apartment when we were in our early 20's that was a little over $750 a month. Literally a few months later the apartments got bought by another company and we got a notice saying two bedroom apartments would now cost over $1300 a month. And there are people wondering why kids still live with their parents well into their 30's.
What really pisses me off about the housing crisis is how these companies continuously keep building apartment complexes that the average person cannot afford with one job. In my opinion it’s beyond tone deaf and then some states will build low income housing and you have to wait years just to be able to get a place. Greed is going to turn this country inside out.
I agree. I blame the 1% of wealth because those are the puppet masters and government is their puppet. I got a mobile home because rent was getting way too out of control.
When the gov't pulls out over 10 million affordable housing units to shelter the border crossers, of course it means prices will go up and more people will become homeless. Who would you rent to? The gov't can pull a world of hurt on anyone who refuses to give up their hotels, motels, apt buildings, and houses to the gov't. Where did you think the millions upon millions of border crossers get their housing from?
@@TeNot556 No, the affordable housing can only be priced so high, it's the gov't taking all the affordable housing which increases the prices of the rest of the affordable housing. If you want to get affordable housing and stop the rampant rise in homelessness, you need to close the borders and deport. You need to vote more wisely since you vote for everything that you're complaining about. Stop voting for clowns like Biden.
@@TeNot556 If you voted for Biden, you voted to housing shortages, he promised it when he said he wanted open borders and that he would never put America first. The only way to fix this is to close the border, deport the tens of millions of people, so the housing market can return to normal. That's just the facts.
How’s that boot tasting? Blaming impoverished immigrants for the 1%’s f*ckups is really rich coming from someone who claims to distrust the government.
Renter’s aren’t the only ones running out of options. As a homeowner and retiree in Florida, my homeowner’s insurance just increased from $2700 to $6000. I still pay a mortgage or I would cancel my homeowner’s insurance. I am also an Army Veteran and until you lose your house and car then there are not any programs to assist. Soon to be homeless.
Isn’t that great - All the HELP first requires you to lose everything to be eligible. A total disgrace and nevermind the spit in the face to someone who served our country. We all deserve better, and you and other vets shouldn’t even have to ask 😡🤯
If there is a situation where, a 75 year old retired person has to sleep in his truck because he cannot afford his own home, there is something very wrong with the system. You don't have to be a genius to figure this out.
Yep, and people have been taught to blame the individual by the system so the system can keep exploiting people. All of these people blaming poor people for being poor or the middle class being unable to afford homes are just brainwashed and have had the empathy conditioned out of them and it's sad they can't see it.
If he went back to work and got two/three jobs then he wouldn't have time to sleep so wouldn't need to doze in his car or a rental and could have enough to buy some ramen and ice water to thrive off of. Common people, gotta keep HuStLiN'
Nah the elderly have more homes built for them than for us younger adults. They’re fine. They need to go if anything. They ruined the world for the youth.
@@MB-xv7er how so? Because you benifit from it on a very small level? The economy is probably the fault of burger flippers trying to make a.career out of an entry level position too correct?
What they did to that woman with that "rent to own" scam is just low & dirty!! People just trying to make a humble living being taken advantage of like this is disgusting.
We live in a mobile home park, and they've tried to pressure us into doing that before. Thank goodness I'm adamant about not actually buying a mobile home (because they depreciate, fall apart after a while, etc...). We only rent one now because it's the only option we could afford.
When you got people working full time jobs and no out of ordinary circumstances or expenses who cannot afford to buy or rent any home on the market, something is seriously wrong.
Thank you VICE for covering this. I grew up in a mobile home with my grandparents. The neighborhood was nice, everyone knew each other and looked out for each other. Despite being poor, we had a sense of community. Now these big investment firms and out of towners are coming in, buying up the parks and raising the lot rent immediately. My grandparents own their mobile home, but they can't afford to move it or find land to move it on, so they're stuck paying outrageous lot rent fees on a fixed income. It's depressing.
@@jimoneprism it's not capitalism - it's monetarism economy governed by central banks - that's a big difference - start asking "what is money?" ... but I warn you, it's a rabbit hole
I was ordering food at Chick-fil-a last week and a 74 year old lady asked me to buy her a meal. She was living in a very small car without a bumper. She pulled out her drivers license to confirm her age. I purchased her meal and gave her $40. I was literally heartbroken 💔 by this encounter.
You are a wonderful person for doing that. Not many people have human compassion anymore. I don't know you or the lady you helped but thank you. I'm 65 and still working and I'm doing good, I know there is people out there that's not.
Trailer parks have space rents that GO UP. Condos have HOA fees that GO UP. LIHTC Affordable units AREN'T based on tenant incomes, but the UNIT, which RAISES RENTS based on inflation, not actual AMI's. In every situation, RENT INCREASES PRICE TENANTS OUT.
The worst part is that the woman living in the hotel wouldn’t be considered“homeless” by HUD standards, if she’s self paying. This means she’s ineligible for most (if not all) of the programs that could actually help her. The division between the “haves” and the “have nots”, is growing at a shocking rate. We ain’t seen nothin’ yet.
When democrats are in charge it always gets worse. Ever see who the big donors to the democratic party are? So many elite multi-millionaire & billionaires.
I was a homeless worker for a large county and yes this poor woman would not be considered homeless. It always made me feel awful to deny people and I would say come tomorrow and tell me you aren't staying in a motel but your car. I would suggest that is what they should write on the form that is imaged to a computer before I would see them...like 15 to 30 mins they would wait. It is all so F'd up.
@@chairk4119 There was a park with 2 homeless people living in it. The next week it was 5. A month later an the numbers were up to 20. I brought over a poisoned turkey and gave it to them at Thanksgiving. Anyone who ate the turkey got really sick and required hospitalization while 5 of the people died. I thought for sure it would have gotten more. Long story short - The park is urine smell free now!
It's crazy to me seeing all of these people struggle across the nation with rent, food, gas, bills and not see their incomes increasing at these rates, all the while every new car dealership is selling at premiums, boats, UTV's and recreational vehicles, rolexes, porsches, pools etc are all sold out or selling 30,40,50k above msrp or have waitlists. The bottom of America is getting squeezed so hard, while the top have so much money they cant keep luxury items in stock. So many have used this pandemic to enrich themselves while carelessly squeezing the lower and middle class.
**. I live in a senior,, mobile home park in WASHINGTON STATE ,,,,, WHERE A CORPORATION,,, PREFERRED PROPERTIES,,, IS BUYING UP NUMEROUS MOBILE HOME PARKS...(( They double and triple our rents,,, and when we try to move,,, tell us that the buyers are not qualified,,, to buy our homes)) ... We have neighbors who have homes for sale for years,,, paying over $1,000 a month for the lot,,, who have been unable to sell their homes.... Had numerous buyers rejected by the landlords...Some folks have actually walked away from their homes,,, and given them to the landlords,,, to avoid paying monthly rent,,, knowing that the landlords will reject good buyers... THEY ARE DEFRAUDING SENIORS OF THEIR LIFE SAVINGS,,, AND GETTING AWAY WITH IT...THEY ARE NUMEROUS MOBILE HOME PARKS AND ARE AFFECTING THOUSANDS OF SENIORS IN WASHINGTON STATE... ((IS THERE ANYONE OUT THERE WHO CAN HELP US...??? )). Please respond.. **
You have to start building your own business before you can get your dreams house and leave the life you need, salary can't help with that so think twice.
The wages we received is not enough to settle our expenses, we keep killing our self on salary putting hope on pension to take care of our self at old age it's not fair.
yeah investment is the key to sustaining your financial longevity but venturing into any legit investment or business without a proper guidance of an expert can lead to great loss too.
I bought a 1984 well kept modular home with a 2 car garage on a .65 acre of land. I bought it all the home the land and everything on that land. Only thing that will go up will be my property taxes. I live in a rural area, so property taxes ain't much at all and don't go up very much from previous years. Glad I went this way instead of a mobile park living.
I wrote the director of my job about how most of my coworkers are homeless and how disgusting it is that we arent paid enough to QUALIFY for housing yet we work in Corporate America. Edit: The director claims she forwarded my concerns to the correct departments ro be heard im pretty sure nothing will happen after our most recent confrence.
The director doesn't care so that was just wasted effort on your part. Much like waiving signs or stomping your feet in protest. If you want to do something about it assist in organization of a nationwide strike. A strike where WE the people are willing to make any sacrifice. In order to accomplish our objectives including up to the ultimate sacrifice of death. IF you are unwilling to do what is necessary then keep writing letters to the director instead. This is a common problem IF you want this to change WE ALL need to be willing to do what is required. Sticking to it no matter the cost to ourselves otherwise we will be slaves until the inevitable societal collapse concludes.
Yes but “affordable housing” only comes into play in building and buying, not renting. But you can qualify to purchase a home well below market if you have a job and do the paperwork to purchase. There will never be “affordable renting” it’s not legally capable.
When I rented an "affordable housing" apartment it was literally just us tenants constantly filling out paperwork for the landlord confirming that we're poor so the city and state would foot the bill for any upkeep or upgrades he was doing to the complex. And all of the paperwork would come with a sheet stating that as a renter I was legally obliged to know that since he was getting funding for the construction or upkeep projects that meant he couldn't charge more than a certain amount for rent base on our income. My husband and I spent close to 70% of our income on rent, we made $10 over the budget line for income assistance that would have decreased our rent to an actual affordable amount. And the landlord charged $5 less than the maximum amount he was allowed to charge us for a studio apartment. Affordable housing in this country is a fucking joke
This needs to be covered more often. People need to know. It’s completely impossible to buy a home nowadays. It’s really rough. I work so hard, but I’m stuck renting and paying too much for rent. Everyone i know is in the same spot
I lost my home that I had been renting for almost 10 years at the start of the pandemic. Eviction notice from landlord because he wanted to sell, not because I couldn’t pay rent. Forced into a tiny apartment with higher rent and a one year lease, and when the lease was up last fall every rental was 3X what I had been paying. Hotels are just as bad. Been “living” in my vehicle for 4 months, doesn’t feel like living feels like drowning. Eventually greedy bastards will get what’s coming to them- their overpriced properties will sit empty because the average middle class workers (majority of us) can’t afford rent
In 2018 me and my girlfriend where forced to leave our house we where renting because our landlord got divorced and his wife won the house we where in in the divorce( it was out landlords patents home so she didn't have any money into it) since she didn't have a place to live she kicked us out so she could move in. We bought a 32ft RV trailer and parked it at our business which was a shop in town. We then sold our business but we still live in our rv at my gf grandparents place(fortunately). I have a large piece of land I need too put utilities on then we can live there but I have lived in a rv for almost 4 years.. not fun.
One of the many problems is, but specifically to this: It doesn't matter if a house sits empty. Just the land is an guaranteed increase year-over-year on "investment".
It's already happening near me. There are sold homes here that just sit empty for months or years either because they were bought to launder money or because they are now renting at sky high prices.
What cracks me up is the people in these rental offices will look you dead in the face and say you must make 3x the rent 😒 I'm like ma'am do you make 3x the rent I get a blank stare 🤦♂️
Nobody seems to have caught on that the Section 8 program took all the rentals. Suppy = demand... no more supply so high prices! You should complain about the Section 8 absorbtion to your legislators!
@@SirenaSpades There are section 8 people here in Raleigh NC that can't afford a place here because it's to damn expensive.All the Northerners coming down here are making it unaffordable.It sucks.
This isn't the only issue going on. As a single home rental property owner(had a mortgage) ..I know firsthand how certain laws are set up to protect the occupants, not the owner & when you get a tenant that knows how to work this system it's devastating. We spent 4 years battling a squatters rights eviction. Long story short the bank foreclosed on the property before the occupant was ever removed & we lost everything. It's said that by 2030 90% of all rental properties will be government owned. 🧐
When individuals and families want to buy homes, they should be given priority. We're should stop allowing corporations, investment firms, foreign buyers, etc from buying up housing properties. It's ridiculous that they're allowed to drive up both purchase prices and rent. America is supposed to be for the people, but it's clearly not.
I absolutely agree!! There are sharks in my town in MO. When a basic older house goes up for sale it almost never gets sold to one of the many families waiting. It’s almost always to someone that owns 3-4 rental homes already. They buy it throw a sign on it and rent it out for $1,500. Private sales is where it has went wrong. Well at least I think so. Things would be much better if the showing, bidding, and purchase were public. I believe people would be more willing to sell their home to another family standing there rather than some guy with a nice suit. It boils down to community. As a homeowner myself, I would rather sell to a new married couple with dreams to fill rooms or a family with children already. I wouldn’t waste my time with the guy that’s just seeing dollar signs.
Absolutely. There are mega sized property management companies that are paying all cash for properties so they can own them, and buying up many in an area, so they can essentially set the price on them for rent, and they are also out competing people trying to buy a family home they want to live in. Owner/residents are more engaged in communities and their neighborhood. Nothing against renters, because I was one until age 32, but home owners have roots. The longest I lived in a rental was 4 years. Most place I renter were 1 or 2 years max and I moved a lot because of my job. We need a cap on the number of homes that can be owned by absentee buyers in an area.
So my question is if say a generous billionaire came and bought property and lowered rent cost around the areas would all rent prices be force to go down
The tax for owning housing that you're not living in should be very high after you own more than 10 private dwellings and the corporate structure in which companies own other companies to open up a loophole should also be fixed
To live in Los Angeles one needs to make at least $40/hr but min wage is still stuck at $16/hr while rent, food, gas is going up constantly plus CA has the highest tax rate and homeless in the country
@@gregmccarter2176 I have a place to live ! I cant imagine how bad it is to be homeless and have my income faling. Its out of control! "affordible housing' is often a LIE!
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living, Most times it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to invest…
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks..
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Back in the 90's, my stepfather wanted to buy me and my wife a mobile home and i said no thank you. Back then, i knew that the value of these homes go down alot and the land is not ours. My stepfather thought we were ingrates and never helped us with anything since. So for years we rent and had landlords from nice to horrible. Regardless, the rents always went up. We finally bought a home when it was much cheaper than now. It was not our ideal home, but we did it to get out from under the thumb of landlords. It is so sad and angering at the same time to see what many of these people are going through.
Here where I live in Florida is near impossible to rent. It's so expensive and they want 3x the rent for you to move in. I love in a studio hotel now and have for a year because I cannot find anything I can afford otherwise! 😢
I have two tenants living with me. As a "landlord" I've chosen to raise rent a total of zero times. It's a choice, and it's greed that's keeping us stuck.
@@kingboy280 unfortunately, property taxes go up when some fool buys a property in a neighborhood for more than other properties are valued at. Every person who overpays for a house or rental property contributes to this problem. And in some places, the amount of rent a landlord collects affects the value of their property as well.
Nobody seems to have caught on that the Section 8 program took all the rentals. Suppy = demand... no more supply so high prices! You should complain about the Section 8 absorbtion to your legislators!
I’m in California and we were renting and the landlord decided they were adding $225 onto our monthly rent. We said ok because it’s not like we had another rental to move into. A couple of days later they said they were selling. And that was our 60 day notice. It was only in an email not an actual notice with codes or anything. We are currently sleeping on an air mattress in a family members living room because we cannot afford the outrageous rent prices. It would cost almost $10k just to move out and then we’d have to come up with rent again in another month. We are a family of 4 and work. We make too much for assistance but not enough to live in the current rental market. There are about 80 applications per rental so there is a lot of competition.
its not really the landlords's choice. IF taxes and utilities are increasing either they raise rent or lose money, if most people arent paying rent selling it might be the only way to not lose money
I left LA around 2007 and moved back to my birth state. I visit family regularly but have no desire to move back. In LA from 2002 until I left in ‘07, I was paying about $1000 plus utilities for a 1BR/1BA in KTown before it was hip. I can only imagine what the rent is like now. Add to that, $700 monthly to care for an infant and $400 for aftercare, I worked to keep a roof over the family’s head on a teacher’s salary. It was rough then but seems impossible now. The unhoused pop seems to grow and I could never move back for fear I’d join them.
more and more families are 'moving back in' with each other to save on the outrageous expenses. One of my college friends from 25 years ago moved back in with his mother (partially to take care of her), and his sister followed shortly after. ... If people are willing to sleep on a couch in the basement, and the couch in the first floor livingroom, so be it. As long as it's feasible. Cramped quarters aren't an issue compared to the housing crisis and the cost of living these days.
@@AnjoGal save money by living with family and friends start an enterprise from home thats the real way of getting ahead these days. Theres been a contracting economy ever since covid and its gotten worse since Biden got in
@Victoria B. ... Your sly landlord had intentions to sell all along. They forced you out. My son's landlady forced him to pay extra saying it was either that or she would sell (he's already paying off her mortgage with his rent). I praise God he has somewhere to live for now even though in the same place.
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I'm homeless due to similar situation. It's hell. Phoenix Arizona has no affordable housing. All the shelters are full and wait listed. You have no place to go but on the street. You lose all dignity being homeless. The hate people have toward homeless people is shocking. Housing is a human right. Everyone should have the ability to have a home.
people should never look down on a homeless person ever people are home less for many diffrent reasons people if you are reading this please have a heart for homeless people
Oh my god, I’m so sorry. Landlords, property owners, etc are fucking snakes. They have everyone by the balls and can do whatever they want and it’s legal. It’s disgusting. Capitalism has gone too far. Leave it up to these sharks to squeeze every single penny out of hard working citizens of society. The working class is by far the HARDEST working. I’m so sick and tired of everyone being slaves to this faulty system. It’s a game of chess and only the rich will win.. I really hope you find your way out of this situation. Maybe van life it or something. I’m just so fucking sorry that society has failed yet another innocent human being. This is truly hell.
My sister and I used to feed the homeless when I was able to start working. I was 16 when I got my first job. My mom had to take me to cash my checks. What she didn't know was my sister and I would ride our bikes to the new Rally's and buy hamburgers and fries for the homeless people under the bridge. We would sit and talk to them. What I can tell you is most of the people that were under that bridge served our country. If that doesn't tell you about the good old U.S. Of A then nothing will. I'm praying for you and any and every homeless person worldwide. The reality of this is, we are all one step from homeless ❤❤🙏🏾🙏🏾
I live in third world... but you live here like a king with the money you just survive in nazi usa. Whats makes you soooo miserable is that EVERYBODY wants to live in nazi usa increasing NATIVES cost of living.
Also, why is NO ONE talking about how Airbnb is taking over areas with vacancy and driving up rent to RIDICULOUS prices? For instance, the city I go to university in has few apartments available. But look on Airbnb and hundreds of apartments are available for months, for thousands of dollars. Out of desperation, I finally messaged a few studio apartment owners in modest yet safe areas of the city to see if they would think about renting to a young graduate student for two years, with a moderate credit rating and good recommendations, and if that would vary prices. The answer was a resounding NO. For the five studio apartments I contacted, all requested $1300 (or more) plus utilities. I'm honestly thinking about moving my things into a temp-controlled storage unit and living in my car until I graduate, and showering at school. I hate feeling like a burden to my Dad. My brother and his husband are working 40+ hours each a week and are also struggling to pay rent-- both highly educated and hard working. At some point, US citizens have to realize that this isn't normal, and we have to be more strict on rent pricing and control on increases. This is ridiculous! We are creating a society that owns nothing!
Go live with your dad. You are his little girl. He should want to help you. You can contribute by doing housework, cooking, etc and help to pay expenses.
Gullible people watch Instagram influencers who claim they make 10k per month with their Airbnb investment. Then everyone starts investing in property thinking they can do the same. Unfortunately not that many people use Airbnb so the gullible investors will soon fail and have to sell at a loss. Get ready for the housing crash and try to save up some cash for a down payment in a couple of years!
Americans just don't care until it happens to them. "You should have been smart & made better choices, like me." Then it happens to them, & they say "it's the system, not me". This IS the plan, a nation of renters, not home owners.
Sometimes even when it happens to them they don't care. There is something really wrong with baby boomers and older gen x (over 45). Like fundamentally the number of philistine assholes in that group is incredible.
I think what you say is true. Even if you can pay the monthly payment in one of the homes they are building you are still renting from the bank. One accident or layoff or divorce you lose your place and have to start all over. I just started over at 55 it’s scary.
The Elites at Davos WANT nations of renters. It is all part of the plan ofAgenda 2030. You know, “You will own nothing and be happy”. ☹️😑😒. Go take a look at the World Economic Forum’s website. This is all going as planned. Unfortunately.☹️
You can be a home owner on the cheap(fair) if you're young and willing to work for it. There's lots of videos on youtube on how to buy cheap parcels and construct your own home for sub 100k. If you're older and have some family members to help out you can save alot otherwise find cheap labor where possible.
I honestly have no words for America right now. My heart breaks for those on a fixed income and I'm only 20 and I wish I could have my own place. They are building so many houses and apartment complexes but they are so expensive. We shouldn't have to be 30 still having roommates because it is impossible to afford a simple roof over our head. What is this country becoming if this crisis continues.
It is rife with greed. 1 Timothy 6:10 ESV [10] For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs. 2 Timothy 3:1-9 ESV [1] But understand this, that in the last days there will come times of difficulty. [2] For people will be lovers of self, lovers of money, proud, arrogant, abusive, disobedient to their parents, ungrateful, unholy, [3] heartless, unappeasable, slanderous, without self-control, brutal, not loving good, [4] treacherous, reckless, swollen with conceit, lovers of pleasure rather than lovers of God, [5] having the appearance of godliness, but denying its power. Avoid such people. [6] For among them are those who creep into households and capture weak women, burdened with sins and led astray by various passions, [7] always learning and never able to arrive at a knowledge of the truth. [8] Just as Jannes and Jambres opposed Moses, so these men also oppose the truth, men corrupted in mind and disqualified regarding the faith. [9] But they will not get very far, for their folly will be plain to all, as was that of those two men.
You've seen it now. There was a show called Golden Girls already talking about such issues. Today my disabled mother can't afford her rent because of fixed income too low.
@@effytraveler6155 I work housekeeping and I’ve been cleaning elderly peoples houses for lower rates because they’re not able to afford much right now and it’s a necessity for them
This is so messed up and we gotta fight back and stop giving these hogs our money for 0 quality. My heart breaks for these people. When they said pet fees even though they own their home I lost it. These people who do this are going somewhere miserable hopefully 😔🙏🏽
Crazy idea here. Let's not allow house and dirt renting anymore. Limit the number of houses a single person or entity can own. Only allow ownership to people living in the country. The average person is being priced out of having a family, home, and their own finances. Why? Because their some other person's investment? Landlords will tell you they provide a service but really it's always an upcharge all while you are paying for the upkeep on their investment. You'll own nothing and be happy. Congrats
One of the big things that need to be fixed is the "grey" area that a lot of low income people fall into including myself. That "grey" area being, you work making minimum wage or close to it, but you make too much to qualify for any assistance but you fall into the "grey" area of you make too much for help but make to little to be able to afford rent. The jobs that have better wages are in the city or just outside it, but the rent in those areas are to high to afford so you have to live 50 + miles away to afford anything, but then if you don't own a car you can't get to the city to make more money to afford your cheaper rent 50 miles away and there is no public transportation that far out, and any jobs in the areas where rent is affordable don't pay enough to pay for the rent. If you do own a car the gas is too $$ to be able to drive 100 miles a day. So what do people that fall into this "grey" area supposed to do? This actually pushed me into being homeless for about 4 years, and it wasn't until a crazy homeless guy attacked me from behind and pushed me into on coming traffic, and only then, while I was in the hospital recovering from surgery, did I start to receive any help. And that was only because I was homeless and needed to go someplace other than the hospital to recover for 8 months, and the hospital was not allowed to just put me back on the streets with the extent of my injuries. So it took me almost getting killed to get help...this is not the way it's supposed to be.
It’s terrible that you had to go through all this terrible events. That said, I am an immigrant. I came to this country to work hard 40 years ago. After many years of saving money, I bought a townhouse. Then I always saved to spend on education. I know that not everyone is cut out to go to school. But we are all good at something. Follow your passion and give it 100%. You can accomplish anything in life.
Is it possible for you to learn a skill that can pay you more? Something you can freelance. E.g. if you can learn to repair something & there's a market for that in your area. Perhaps there's a skill you could learn in 3-6 months, that can pay $25+ per hour or service, that could be a start towards improving your situation, even if they're small improvements
I’m a teacher and can’t even afford my own place. I have to live with family despite having a college degree, especially given all the inflation. It’s ridiculous.
Taxes are a problem as are zoning laws. The government has things that can help, but most cities they don't. Seattle has been very resistant to affordable apartments while supporting expensive townhomes and high end luxury buildings. Right now, I can find plenty of $2,500-4,000 a month one bed units. Even people making a solid $150K that a large chunk of the monthly
I own a few properties in Iowa and one in Pensacola FL. Never raised rent on a tenant or charged for application fees or late fees. Always gave the full deposit back. I try to not stress people financially especially if they are college students or have kids. In return the leave my property in better shape than I gave it to them. I could have made a few thousands more squeezing every penny out of them, but the sense of reward I get by treating them like humans is priceless to me.
Wish there were more people like you. Seems like the only way the majority of landlords will ever behave like you is only when the system forces them to, not out of their own hearts.
Getting my deposit back, has always been hit or miss for me. I remember one time, I really tried hard to get the full deposit back. I went all out and cleaned everywhere and made sure everything was working correctly. I only got back 40% of my deposit. Not sure what I did wrong? Carpet looked great, I replaced the stove burners, washed down nearly everything that could be reasonably washed. I still don't know what I did wrong.
In New York state we have protections for people who live in mobile home parks. They can’t just kick you out and they have to provide you with a lease and no month to month can be forced on you and that means they can only raise the rent once a year if you sign the lease. Many New Yorkers are unaware we have those protections but we do
Probably the biggest problem is property taxes. Property taxes should not be linked to the price of a home. Your house increases in value X%, your property taxes increase while the services the town provides stay the same.
As a young man I'm terrified for my future. Gas prices are thrusting people into poverty, monkeypox is back, we won't own anything anymore, and we are easily distracted from bigger problems by buzzword topics. What a sad state this country is in. The worst part is that we allow them to do every bit of it.
my best advice is study HISTORY from the Babylonians to the present, preferably from OLD references. You will detect the common threads thru history that the powers that be have kept as their secrets. They foster ignorance to keep mankind in a sort of slavery. People were way ahead for a while then they created the 'Dark Ages', complete with their own scamdemics. Study history REAL HISTORY to know the future.
Yup,..you voted for your wonderful democrat of a president. He changed everything good that Trump did for us,the people. Even if you dont like him,we need him back to fix what Biden has done Btw,Im not a republican or a dem,..just a citizen watching as our forefathers roll over in their graves. After all they gave to make this country great.
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
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I was homeless as a child with my mom I was 10 years old. I’ll never forget it …something like that changes you as a child and your whole life . I’m 32 now and even though I’m financially secure married with kids - I fear homeless everyday. And have flashbacks a lot of what it was like sleeping in a bed of a truck and waking up looking at the sky as my mom drove across town to drop me off at school . I sympathize so much with homeless it hurts me to see people live outside with no home . Although some could be there from drug use mental health no family . It all depends but NO ONE should be homeless
I was homeless at 14 and am about to turn 25 still in the system. Last group home messed me up so bad I lost 10lbs in a matter of weeks and now I'm underweight. I had a section 8 voucher granted to me a year ago but most landlords rejected it because I obviously have no credit score and no rental history. After locating a unit it is still endless levels of beuarocracy to push through. I had to quit working because of how underweight I now am and used all of my savings on extended stay motels. Sometimes at night I catch myself thinking if I should forget the program, the subsidy, the voucher, just disappear. Maybe it's the stubbornness in me but what stops me is the idea that I would be letting them win. Them being the wealthy who are buying up and gentrifyng the land in my home state, California. It would be in their favor to eliminate all people like me and turn the state into one big luxury resort for the world's elite population. Funny thing is, before my health worsened, I was working multiple jobs all in service industry. Supplying their food. And people like me are the only ones who will do it for minimum wage- or less. Do they expect us to live in camps where we are sent out to work and do nothing else? It's already happening with young people, even middle age people still living in group homes or living with FAMILIES of roommates. Not 1 or 2, but multiple couples with children in small apartments. Disgusting conditions.
Canadian investment firms in my area are buying up starter houses (built for younger milennials maybe older folks looking to downsize) and selling them for rent. It's not even evil American companies.
How about talking about what landlords are going thru? Moreover, why do so many people seem to think they are owed something? And why is the question about life choices not front and center?
The system is broken and corrupt, it benefits people who own apartment buildings, homes they rent out, etc. The owner class has made more money in the last 20 years while the average American has loss purchasing power due to inflation. The system just makes the rich, richer, the poor, poorer. The extreme rich keep "donating" aka bribing the powers in government for policies that benefit them. In the end, it's all so a bunch of rich egomanics can brag about numbers in their accounts to other rich egomanics, so they can buy more items for their collections to sit in garages or gallerys.
There’s a pattern . It’s giving the Fall of Western Society and Karmic Debt of the Saltines. Good riddance and don’t try to run to South America and Africa. I hope they build a wall on you ppl😂
I really liked the guy’s comment at the end “if we want a society with affordable housing, we have to build it”. Unfortunately, I don’t see anyone really caring about this because our society has gotten to the point where people just want to get rich quick and not worry about what they’re doing affects other people. We’re all trying to make more money, but it’s turning people against each other in the sense that richer people are seeing investment opportunities in the vulnerabilities of poorer people. That mindset in itself needs to change.
You said it! Infact, a family living a consumer society with affordable rent will have more money to spend at your businesses and generate more taxes. When they don't have the money, they pay for rent, bills and food... or end up homeless. Not living sustainably, not spending, and not able to contribute to the local economy. It's deeper than just high rent and greed. Realeastate companies and landlords are robbing profits from both the people and the locals businesses in their cash grabs.
Im currently dealing with the trailer park bullshit myself. Figured it would be easier than buying an actual house...hell no. I regret buying a fucking mobile home.
Rent control doesnt work, it simply creates worse shortages. You need more homes, you need more developers. Why would landlords invest in more development of homes for rent, if you cap their profitability.
I'm going through this crap with my 3 kids right now. I've been living here over 10 years in the same home, never late once till I was hospitalized, I payed them all there money as soon as they released me from the hospital from surgery, and they don't care. My kids and I are about to be homeless with no where to go. And all these places don't even care if you have enough money to rent there homes, they want impossible credit scores for people like me on social security! This is the scariest time for my little family to go through. This is pure greed!
These posts hurt my soul. It's horrible enough to be homeless as a adult but children being homeless is unforgivable!!! These law makers make me sick!!!
@@jeffrey266 I'm guessing you didn't actually read what I wrote. I have money to get a home. I Do Not have a 650 fico score. If you know what that is, @ Sadie Beauregard then you would understand, that without the high credit score you can't rent a new home anywhere in a good neighborhood in a safe neighborhood. I lived I this same house for over 10 years ! I always paid when they increased the rent. It was the first time I had ever been late in over 10 years, and never asked them to repair anything. I even paid for the landscaping myself to get done. When I moved in my rent was 1195.00 it went all the way to 1400.00 a month. I was late 1 time due to being hospitalized just a few months back for a bleeding in my stomach called, gastrointestinal tract bleed, or a GI BLEED. And I'm in the hospital right now because it couldn't be fixed correctly the first time, because I left way to soon to go home to pay my rent check! Now, if you want to rent a good home or apartment in a good area you need a credit score of 650 or higher. You also must be able to show that you make 3 times the amount of the rent or 4 times depending on the home, and the actual amount there asking for. I won't loose my kids thankyou very much, however I absolutely don't want to move my little family into a really bad area. I don't think you would like it if your parents moved you into a horrible neighborhood either. Right now I'm way to sick to do much of anything. But even with a bleeding GI, nausea , vomiting extream pain in my stomach and waiting to get this nasty drink to clean my system out, and then have this surgery done so they can get in there and stop the bleeding, and then let this heal properly this time, all while I'm looking for a new home for us to live in.
We are literally in the middle of a great depression, because cost of living being so much higher than wages, and price gouging by landlords is a major cause, and they use BS excuses as to why.
There is no reason for anyone to be homeless. Especially those who work full-time or have 2 jobs. I live in a small town in Wisconsin. I rent a 1 bedroom 1 bath apartment for almost $700/mo. Water, sewage, trash is all included. I've been living here for 4 or 5 years now. I pay for the electricity and wifi. So, where I live is affordable, but $700 is quite a bit much. However, I wouldn't dare lose it because I dont wanna become homeless. I lived with my mom til I was in my mid 30's because at the time I didn't earn enough money to live on my own. I tried and I just found that I couldn't. With Covid, we were all given stimulus money from the gov't, which was nice and helpful, but it later came at a huge cost. Also, because of Covid, so many businesses could not operate and they ended up losing a lot of money. So that caused even more inflation. Also BLM riots caused inflation because of them destroying property such as businesses, in several states. So all this caused food prices to increase heavily, along with gas, and many other essentials that we depend on everyday. Now that wages have increased to $15/hr. That really inflated everything. Its nice to make $15/hr or higher, but it too comes at a cost. The MAJOR reason things are so inflated is because our govt is wasting our money on petty stuff and sending it to other countries who never help us, financially. Yes their citizens are just as poor as us, but their govt hoards all the money like Uncle Scrooge. Everyone is getting screwed by their elected officials. No one seems to do anything about it.
i worked hard, i went to school, i got a bachelor's degree in a good STEM field. and i cant afford to move out. there's less jobs available than ever, and last i checked a 350 square foot studio would cost almost 1800 a month in rent. my bedroom in my parent's HOUSE is bigger than that. i've watched several friends be pushed into homelessness by soaring costs in just the last 2 years, even as they work 70 hour weeks and skip meals to try and stay alive. at what point do we say this is not ok?
Totally understand you. I'm 31 I have a degree and a decent job and yet housing is extremely expensive in my area. The cheapest place is a 450 square foot studio that rents for $1,548 a month (Utilities not included) and they only do month to month leases.. so they can jack up the rent at any time..
Buying a house but renting the land it stands on sounds like a strange concept to me. I live in Germany and own a house on my own land. People either live for a rent or the own the house and ground, but nothing in between. But nowadays there is this tinyhome hype, which promotes exactly this. People pay about 50.000€ for a mobile home with bad insulation (and it can be cold in Germany) and these homes are often smaller than an average car garage. And a lot of people go for this scam and think they could put it on a beautiful place near a lake in the summer for cheap and move it elsewhere if they want. Fools they are. The nice places are either belong to rich mens houses, reservations (where not even camping would be allowed!) or companies. So you will be charged a lot just for the view, charged a lot on heating and living still in a small wooden cabin thats rotting away. Fools they are. Usually we build stone houses here. The traditional northern red brick style has a facade that lasts at least a hundred years without the need of any work on it. The also traditional pan tiles on the roof and timber work under it lasts at least 60 years. Even under the wet, windy and salty conditions here at the coast. Down to the south they have natural brick houses or timberframe which are 500 years old and still inhabited. Building a durable house once, will safe a lot of work in the future. But people go for the cheap crap today.
My grandpa bought me a condo a year before he died. It’s made things so much easier. I’ve been able to get sober and get my life back without having to worry about a safe place to lay my head. Thank god for you grand dad I miss you.
I've been homeless two times before I was age 30. I have a college degree, was NEVER ON OR hooked on drugs or into bad unhealthy lifestyle. It really can happen to anyone! It's hard to find somewhere safe, affordable and healthy for you to live nowadays. People end up in terrible neighborhoods single moms raising their kids in awful environments bc of the fact they can't find safe housing, and I see all types of stuff up here in NY. Rooming houses have become very popular in wny. It's sad and awful. Luckily I found a home and have not had to manage thru the pandemic without one but I know plenty who are and who have I remember being homeless and it was the hardest thing I have ever been thru. Our homeless are our most vulnerable population. As a previously homeless female I fell victim to many injustices and harm while I was homeless . U really begin to see ppl for who they truly are when u are at their mercy or have to couch surf and u are vulnerable sleeping under a bridge especially if u r a female
There's your problem. "Up here in NY". That is a terrible place to try to live. I bought a 3 bedroom 2 bath house in a nice neighborhood for 154k. Pay 1100 a month for a nice place and that is affordable to me at least. California, the northeast and some other states are ass backwards I'd get out of there or just be helpless and homeless up to you.
Yup most people are 2 paychecks away from being homeless. Hell my income has tripled in the last 5 years and I still can't buy a house where I live because they keep outpacing my income.
What do people think the end result was going to be a thousands upon thousands of people not paying their rent for 12 to 18 months? The landlords were still on the hook for that loan to their bank, so it only makes sense that they would jack up their rent big time to make up for their losses
Yes, contemplating suicide due to what amounts to a "financial death sentence" in this capitalist rat race is not that unreasonable to me personally. The US needs to legalize assisted suicide more than ever for the middle class people tired of being on this hamster wheel going nowhere. Many elderly middle class people will opt for this service, it's the only way out for some.
@@fandam801 Sooner or later, we're going to have to choose between the easy way, and the *right* way to live. Adapt to living off the grid. Completely self-reliant and self-dependent. That's their worst fear. Living without having to be plugged in to their matrix. They hi-jacked this ride. Hijacked our reward system(s) and made it their own. It serves them and no one else.
This is what people exist with day by day moment by moment as a vast majority of this country at best is living pay check to pay check with many living in poverty despite it looking middle class even though that dream died long ago. Before covid that minimum on an national average was $54,000 a year before taxes and has to be well over $60,000 a year with how things are now.
The system isn't broken. The system is working exactly as it was designed. It's just not designed for us.
It’s a big club
And we ain't in it
Exactly
You will own nothing and be happy
This is it right here!!!
If you steal from the poor, you're hailed as a savvy business man/woman. If you steal from the rich, you're called a crook.
Robin Hood - Am I a joke to you?
We need to give the rich a new name bc rich sounds too savvy.
Lol.
When you take advantage of less unfortunate people you will fail every ttime. its in the bible. Look at the shape this country is in. This country has taken advantage of less unfortunate people for 500 years
Did Bill Gates steal your money? Aww
😩
@@skyjack8541
The rich? Is that a specific group of people?
LeBron?
Oprah?
JayZ?
Kanye?
Tiger?
Beyonce?
KimK?
Bunch of evil people right?
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
California 30 years ago used to be an oasis in every way possible in terms of people moving there. Now is a dystopian hellhole which is unrecognizable.
I was pushed out of my old apartment in the BAy Area and now its selling for 2 million dollars as a condo. Thats insane. Prices are out of hand.@@DorathyCampbell
Bullshit keeps getting piled higher and deeper!@@GeorgeEdward-uo5cf
Thats seen as the way they want this country to be,
No, its likely to go south when all the jobs go overseas. @@DorathyCampbell
Whether it be landlords or other companies, such as insurance companies, car insurance, everyone’s trying to squeeze every last penny they can get out of you these days and it is getting annoying
Great way to put it.
You do know insurance companies use actuaries to calculate risk v. cost?
In my opinion the landlords and companies are recouping all of the money they lost during C19. Greed all across the board
You think humans are trying to be slaves that are marketed as part of companies?
@@mjbankhead9063 yoooo thats. literally true
America’s practices are so predatory in literally every single plausible way: healthcare, housing, living wage, school tuition/student loans, gas, groceries, every day-to-day necessity. What even is an “American Dream” anymore? *This is a NIGHTMARE.*
💯💯💯💯🎯🎯🎯🎯
@@GoogleAccount00 They will let kids take out thousands for school loans but won't let them take out thousands for a house to build equity on. A lot of Canadian investment firms in my area are buying homes and selling them to rent.
Yep
It's just that, a dream. You have to be "asleep" to believe it.
@@sib9769 shameful
There is no reason why a 75 year old person should be homeless in this country. This report is heartbreaking.
I know a person in her mid 80s living out of her car. Tried to help, but felt I was being used, she never offered up any help around my house, even though she was able bodied. She seemed to be proud of being lazy. She wasn't on drugs.
If someone offers a homeless person a hand up, the homeless person should show a little gratitude, by offering a helping hand towards the upkeep of the house. Maybe even offer to wash the dishes.
@@paul9156c What help did you offer?
You don't get a pass for not paying rent just because you're old...
@@heyheytaytay My point is the elderly contributed to this country in some form or fashion and so this country should take care of the elderly especially if they need it. On a side note 3 categories of people that I think should be taken care of in this country are 1)the elderly- they contributed to this country, 2)the military- they protect this country and 3)children- they're the future of this country. Now how they should be taken care of can be discussed but in my opinion those 3 should be top priority.
@@heyheytaytay man if they’re old they’ve definitely worked and contributed enough already. 75 years of work is enough to get off for a while. In addition, many elderly people are now disabled and thus can’t work. That’s why retirement exists lol. The question is why the living hell aren’t they getting any money for rent.
When you're priced out of a trailer park... there's a problem
I worked 60 yrs. I am 94 yrs. old. I live in a 1 b/r apt. in Plano, Tx. My RENT is 68% of my Soc. Sec. Check. I had to give up Cable, sell my Vehicle, (could not afford the Insurance and Mtn. on it). It is difficult to maintain a signal on my cell phone because the cell phone tower has been relocated. Strongest signal I can get is one bar. I keep the phone on a table next to a window in order to pick it up. Because I live on the first floor and there are blgs. in front of my apt. It is a flip phone not a smart phone. I also have to pay the electric bill also. Texas is the only state in the Union not connected to the National Grid. Thank goodness North Dallas has a FOOD BANK where there is FOOD available for Seniors.
Praying for you Lord please help Carter Lord protect him from poverty in Jesus name I pray Amen
Social Security should pay all retirees equally. I retired at 64 and get a check for $2,275. Because I bought my house for cash before I retired (in CA with our Prop 13 protection), my monthly bills are less that $1275 including food, utilities, insurance, and everything so I have plenty left every month. But what makes my contribution to society as a worker more valuable than someone who worked hard for 60 years but who only gets a $1500 check? That should be fixed. Whether you're an M.D. or a Garbage Collector, both of those jobs are necessary and should be rewarded in retirement equally imho.
Ill send good thoughts your way. Im so sorry your are in that situation. It shouldnt be. ❤
The "National Grid" is only in the NE part of the US and Texas is part of the SW. You pay about 40% less for electric than the people who buy from the National Grid. Cell service is spotty in the US since we are so large. I own my own home in California and I only have 1 bar cell phone.
Man, I am really sorry to hear this news 😢 is this my retirement future too?! We work so hard, and it seems like when we get old, they give us nothing in return. Wow!!
They did her so dirty telling her she could rent to own and then pulled the rug out from under her. People are so evil!
I would love to know how many people have pulled the rug from rent to own story
This is more common than you would think. I don't usually generalize or categorize people but I have no affection for "Real Estate Developers". Ironically our last presidential administration was full of those types. Slumlords
@@curiouscat3384 I can't stand them either. I'm a volunteer AND A LANDLORD. You can make a decent living & still not charge ppl a fortune & work with them.
The developer/fortune hunter types are so slimy. So many of these bastards took the Pandemic money but plead poverty. Or they would not take it, so they could evict desperate ppl, many of whom had been paying them faithfully beforehand.
And all the predatory types hide behind the problem tenants as an excuse for everything when most of them are not like that.
It happened to my family this year.
Idk that was even legal? Like wtf?
My grandma's rent went up around 40% and she is on social security. Unfortunately she couldn't afford to live anymore and moved in with my family. Imagine working your whole life just to end up homeless. What a damn shame.
save and be smarter
@@VictoriaWonders rent goes up 40%. rent is monthly. how much savings can you possibly have as a member of the working class.
@@VictoriaWonders Self righteousness is usually the beginning of the end... Tread lightly...
If we don't build more housing we'll end up like in 1850 when an entire extended family would all share one communal house, four people per bed, sleeping in opposing orientations.
@@VictoriaWonders Pride comes before the fall.
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
That’s actually an incentive for them to just stay where they are as long as they can make the payments. They’re stuck of they’re upside down.
You are right! I have diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
There are a lot of independent advisors you might look into. But i work with Margaret Johnson Arndt and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
I like the response of put you cash in the Wall Street Casino. You dummies have not learnef your lesson.
@@user-go2st5fi9wit's a scam. people put comments like this on all kinds of videos and talk of incredible gains hoping to get people to invest/screw them out of their money
I left the US for Mexico where it's illegal to raise the rent more than 6% a year. Real estate companies in the US have become the new cartel
So why are all of the people in Mexico City complaining about gentrification?
@fatherson5907 el vive en su burbuja
Or may it be that hedge funds have become owners of a significant portion all the real estate companies and combined with other relative holdings and special interest lobbying are driving the push to increase profits regardless of how it is accomplished. They seem to own about 10 pct of damn near everything and that seems almost literal. Imagine how that can be used to exert influence in ways we cant even imagine but they have.
Cool story bro
There are places in the USA with rent control too. There are also smaller towns that are much cheaper to live in here in the USA - you just need to research & go visit. It is hard for people to live the more expensive cities if that’s where their friends & family are. You CAN still find reasonably priced places if you try.
The best part of this is you are usually not eligible to get a mortgage due to your credit score but somehow you can pay the same or even higher monthly payments for your rent. 👏
I work in property management. The state I live a Credit report is required. You credit score on a mortgage largely effects your interest rate vs borrowing amount
@@User-54631 sounds like an excuse. If I can pay $1900 for rent I should be given a $1400 mortgage easily. Especially if I've shown consistently over years to pay on time everytime.
@@User-54631 ya sure, but if you are a fresh immigrant or someone who never actually needed to build credit, you’d get filtered by the system when you apply for a mortgage. You might get the same checks for renting from a property management company but there you have more of a check of financial failures ( like bankruptcies etc ) therefore it makes it easier to go for renting if you are just starting your life.
@@georgeford6506 how much you putting down? Debt to income ratio?
The bank will view it as
Person A puts 50k of his money down
Person B puts 5k down.
The bank views it as person A is more likely to not walk away cause they got 50k in the fight vs person B who doesn’t even have a used car in the fight. Housing is timing. I bought my first house in CA In Medium size city making 12/hr in 2011 for under 100k lived there 5 years sold it and made almost 200k moved to a major city used the money I made for a down on a new home. Which putting so much down. The payment on a 400k home would be less then a 2 bed apartment. Then I refinanced during the pandemic and put in a pool. My house payment is less then a 2 bedroom apartment in the city I live. For context if your rent is 1900 you paying a lot more then me. and I have a 4 bedroom house with a in-ground pool in a decent neighborhood
Yes of course, you can rent month to month with bad credit which is high risk for the owner, otherwise why would a bank give you a 20-30yr loan without credit? A lower payment does nothing to guarantee your employment.
Affordable housing doesn’t even account for people who are working with decent jobs and literally are still paying 50% of their income in rent.
Edit: I didn’t think this comment would get this many likes so it comforting to see that a lot of you all agree with my observation. I’d also like to address a lot of the comments that assume that I even made this comment about myself or I am “living above my means”… the people that I am referring to are not paying 2400 for a swanky one bedroom in downtown. They are paying 2400 for a old, run down, white appliances barely unkept one bedroom with zero amenities and no utilities ….I’m seeing a lot of assumptions which is a huge part of the issue in first place.
True, in California, more than 40% of millenials are still living with their parents, 16% are living in overcrowded conditions, 12% are commuting more than an hour each way every day, and basically everyone is rent burdened. This is a housing shortage, and nothing will help except legalizing building dense urban transit oriented apartments.
If you’re spending half your income on rent you can’t afford to live in that area, simple as that
Not to mention 30% in taxes
@@StraightFelon I'm in this situation right now. Leaving is probably the best option, but there's no where to go still within driving distance to work. So I'd need to find a new job in a cheaper area. But I don't qualify for a lease in a new area because I won't have an income when I move in. So I'm just kind of stuck here, paying over half my income to rent. I've picked up a second job and am saving that money. And THAT income doesn't count when applying for a mortgage, for whatever reason. The whole situation is just kind of shitty.
@@cjhale2772 that is really shitty that your second job does not count when applying for mortgage. I live in London. I make what you’ll call a decent salary but unfortunately I still can’t afford to get a mortgage even with government assistance (which comes to an end March 2023). And I’m looking outside London but within an hr commute to work and I still can’t find an apartment not house that wouldn’t take up 60% of my income. You can’t get a decent job outside London. Most of it is in central London. In the end, I may have to go for a one bedroom and hope it appreciates after 2 years so I can sell and hopefully save for a better place.
Rich people don't realize that eventually, this goose that keeps laying eggs is going to run out of eggs. Where do they get their money? From us.
Thtas the US system,
The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the California area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?
If you are new to the market, I recommend seeking professional assistance. The most effective approach to creating a well-organized portfolio is to begin with a professional who is knowledgeable about the turbulent yet profitable market.
Over the past three years, I have been working with a professional who has provided daily guidance on my investment decisions. With their expert analysis, I have realized gains of over $1 million. Their insights have helped me avoid losses and capitalize on market breakthroughs, particularly during downtrends.
@@MarkFreeman-xi3rk How can I contact your Asset-coach as my portfolio is dwindling?
Can't divulge much, it's only right you do your due diligence. I'm been guided by “Margaret Johnson Arndt” and most likely, the internet is where to find her deets.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I love how minimum wage increases have to be phased in to not "burden employers," but rents are allowed to double or triple overnight with zero regard for the burden on tenants.
the rent increases follow the min wage increases... the only way you get ahead is to learn a better job skill
That’s how the system is set up. The only solution is to increase your income.
@@missdesireindependance5194 - people want to increase their income, but dont want to increase their skills... they want the entry level French fry cook to support a family of 4.. How about move up to store manager ? how about getting your own business someday?
@@williamhaynes7089 In the next ten years many low level jobs will be automated. People will have no choice but to upgrade their skills.
@@williamhaynes7089 In 1969 the average salary for a retail trade worker was $75,000 (adjusted for inflation) compared to $50,000 today, manager made $90,000 compared to $65,000 today. The skills for these jobs haven't changed, yet the money given for them has significantly decreased. But it's a skill issue apparently.
I retired with 1800 dollars a month, I couldn't afford my medicine after paying rent and utilities. I now live in South America and am comfortable and it's sad the USA has come to this, thanks Vice for reporting this.
Saving up to move out the country, somewhere safe of course lol
@@warsawcat2041 not all of South America is like that
Colombia?
Which country?
☀️☀️
Greetings from kyrgyzstan
I can't afford to retire in usa
I live here on 300 dollars a month
People can't afford rent, and with the interest rates, we can't afford mortgages. wtf are we supposed to do 😢
Look into a USDA loan.
Riot
Strip
I think they want poor people to die sooner. Or come up with huge sums of money.
@kingtrance307 still based upon income.
A basic place under roof should be a right, not a privilege. Here in L.A., a tiny one bedroom or studio can cost $2500-3000. This is a madness and something needs be done.
Me and a friend got a apartment when we were in our early 20's that was a little over $750 a month. Literally a few months later the apartments got bought by another company and we got a notice saying two bedroom apartments would now cost over $1300 a month.
And there are people wondering why kids still live with their parents well into their 30's.
No shame living with parents as long as you have financial and life goals.
I make 6 figures and live with my parents. Paying the landlord is stupid bar none. I help my parent because I am responsible oh yeah and I love it.
@@Tony-mq5yo bingo.
Save moneh
@@absndus save your money
What really pisses me off about the housing crisis is how these companies continuously keep building apartment complexes that the average person cannot afford with one job. In my opinion it’s beyond tone deaf and then some states will build low income housing and you have to wait years just to be able to get a place. Greed is going to turn this country inside out.
It's for gentrifiers
It already has. Greed is killing all of us and our planet
I agree. I blame the 1% of wealth because those are the puppet masters and government is their puppet. I got a mobile home because rent was getting way too out of control.
GREED IS GOOD WIMP
This is one reason why I said "F all y'all" and fled America in 2018. I don't want to go back because it is now a den of thieves and demons.
A year later; and NOTHING has changed 😞
Greed is always the problem with our systems.
When the gov't pulls out over 10 million affordable housing units to shelter the border crossers, of course it means prices will go up and more people will become homeless. Who would you rent to? The gov't can pull a world of hurt on anyone who refuses to give up their hotels, motels, apt buildings, and houses to the gov't. Where did you think the millions upon millions of border crossers get their housing from?
There's greed in every system
@@TeNot556 No, the affordable housing can only be priced so high, it's the gov't taking all the affordable housing which increases the prices of the rest of the affordable housing. If you want to get affordable housing and stop the rampant rise in homelessness, you need to close the borders and deport. You need to vote more wisely since you vote for everything that you're complaining about. Stop voting for clowns like Biden.
@@TeNot556 If you voted for Biden, you voted to housing shortages, he promised it when he said he wanted open borders and that he would never put America first. The only way to fix this is to close the border, deport the tens of millions of people, so the housing market can return to normal. That's just the facts.
How’s that boot tasting? Blaming impoverished immigrants for the 1%’s f*ckups is really rich coming from someone who claims to distrust the government.
Renter’s aren’t the only ones running out of options. As a homeowner and retiree in Florida, my homeowner’s insurance just increased from $2700 to $6000. I still pay a mortgage or I would cancel my homeowner’s insurance. I am also an Army Veteran and until you lose your house and car then there are not any programs to assist. Soon to be homeless.
Update?
That increase is insane. Should be illegal to jump that much
@@mason96575I'm guessing he's homeless by now, hopefully not, but if what he said is true, there's only one direction that situation is going.
Isn’t that great - All the HELP first requires you to lose everything to be eligible. A total disgrace and nevermind the spit in the face to someone who served our country. We all deserve better, and you and other vets shouldn’t even have to ask 😡🤯
Inquire as to Veteran reduced property tax rate.
If there is a situation where, a 75 year old retired person has to sleep in his truck because he cannot afford his own home, there is something very wrong with the system. You don't have to be a genius to figure this out.
Greed is a poison
People keep voting for the same people not fixing the problem
@@allaansnackbar4269 well when you can only vote for people that will rob you blind, their isent a whole lot that voting can do
Yep, and people have been taught to blame the individual by the system so the system can keep exploiting people. All of these people blaming poor people for being poor or the middle class being unable to afford homes are just brainwashed and have had the empathy conditioned out of them and it's sad they can't see it.
If he went back to work and got two/three jobs then he wouldn't have time to sleep so wouldn't need to doze in his car or a rental and could have enough to buy some ramen and ice water to thrive off of. Common people, gotta keep HuStLiN'
It breaks my heart to see the elderly priced out of their homes.
Especially when the elderly are TAXED out of their homes.
don't they always tell young people to pick themselves up by their bootstraps?
Or bamboozled out of their homes, like the woman who was "renting to own".
The elderly can’t contribute so they are disposable
Nah the elderly have more homes built for them than for us younger adults. They’re fine. They need to go if anything. They ruined the world for the youth.
Not just rent, utilities are absolutely insane too.
Problem is that housing goes up but pensions & wages are the same
The same if youre lucky
If you have a pension you have zero right to complain
@@MB-xv7er how so? Because you benifit from it on a very small level? The economy is probably the fault of burger flippers trying to make a.career out of an entry level position too correct?
What they did to that woman with that "rent to own" scam is just low & dirty!! People just trying to make a humble living being taken advantage of like this is disgusting.
Rent to own is ALWAYS a scam for the renter
My uncle got scammed with that
Judge was bribed?
We live in a mobile home park, and they've tried to pressure us into doing that before. Thank goodness I'm adamant about not actually buying a mobile home (because they depreciate, fall apart after a while, etc...). We only rent one now because it's the only option we could afford.
@Repent and believe in Jesus Christ???
When you got people working full time jobs and no out of ordinary circumstances or expenses who cannot afford to buy or rent any home on the market, something is seriously wrong.
RIGHT how did food clothing and shelter become unaffordable
100%
Late stage capitalism.
The parasites will eat everything.
Marx predicted all this bullshit 200 years ago
Move!
@@Legendary_UA if everywhere is the same and your job is here, you would quit your job and where would you move to?
Thank you VICE for covering this. I grew up in a mobile home with my grandparents. The neighborhood was nice, everyone knew each other and looked out for each other. Despite being poor, we had a sense of community. Now these big investment firms and out of towners are coming in, buying up the parks and raising the lot rent immediately. My grandparents own their mobile home, but they can't afford to move it or find land to move it on, so they're stuck paying outrageous lot rent fees on a fixed income. It's depressing.
they can rent out the spare bedrooms to working people.
Could they sell it? Move into a small condo or something? That's so said to hear, I wish you all the best ❤
I’m sure that’s exactly what they want to do in their golden years, live with complete strangers in a mobile home just to barely afford to stay there.
The cost for perceived safety & security is not cheap nor is it a guarantee; especially when you end up homeless with a full time job.
You had to fake community?
To the older gentleman in this video; PLEASE don’t give up, please don’t let them win or take away your hope.
Peopke need to ban together, room mates. Dont let them win!
Seeing the older black woman and the older white gentleman being homeless breaks my heart. These rich cooperations are predators.
Hopefully.. ppl wont b able 2 afford what they charge, and they will eventually b forced 2 bring prices down.
BOOT STRAPS
The beauty of capitalism gone wild
Makes me ashamed to be American sometimes.
@@jimoneprism it's not capitalism - it's monetarism economy governed by central banks - that's a big difference - start asking "what is money?" ... but I warn you, it's a rabbit hole
I was ordering food at Chick-fil-a last week and a 74 year old lady asked me to buy her a meal. She was living in a very small car without a bumper. She pulled out her drivers license to confirm her age. I purchased her meal and gave her $40. I was literally heartbroken 💔 by this encounter.
You are a wonderful person for doing that. Not many people have human compassion anymore. I don't know you or the lady you helped but thank you. I'm 65 and still working and I'm doing good, I know there is people out there that's not.
stunning and brave.
I'm heart broken just hearing it. It is the reality, the facts of the matter.
Stay true 🍀
Many of us have been living this way for 5-10+ years. Cant tell anybody cause of stigma, cant be around cops cause theyre foul mouthed.
Hearing that old man say he thought about unaliving himself is heart breaking.
Trailer parks have space rents that GO UP. Condos have HOA fees that GO UP. LIHTC Affordable units AREN'T based on tenant incomes, but the UNIT, which RAISES RENTS based on inflation, not actual AMI's. In every situation, RENT INCREASES PRICE TENANTS OUT.
They want to have money appreciate 20% a year
Thats what they want poor people to do, leave.
The worst part is that the woman living in the hotel wouldn’t be considered“homeless” by HUD standards, if she’s self paying. This means she’s ineligible for most (if not all) of the programs that could actually help her. The division between the “haves” and the “have nots”, is growing at a shocking rate. We ain’t seen nothin’ yet.
Welcome To the America that the Democrats want for ALL Americans AND the millions of 4th world illegals that will compete for housing !!
She can apply for SECTION 8 as they deem her homeless. She needs to get on the list now as she can get on the list higher as she's homeless.
When democrats are in charge it always gets worse. Ever see who the big donors to the democratic party are? So many elite multi-millionaire & billionaires.
I was a homeless worker for a large county and yes this poor woman would not be considered homeless. It always made me feel awful to deny people and I would say come tomorrow and tell me you aren't staying in a motel but your car. I would suggest that is what they should write on the form that is imaged to a computer before I would see them...like 15 to 30 mins they would wait. It is all so F'd up.
@@chairk4119 There was a park with 2 homeless people living in it. The next week it was 5. A month later an the numbers were up to 20.
I brought over a poisoned turkey and gave it to them at Thanksgiving. Anyone who ate the turkey got really sick and required hospitalization while 5 of the people died. I thought for sure it would have gotten more.
Long story short - The park is urine smell free now!
It's crazy to me seeing all of these people struggle across the nation with rent, food, gas, bills and not see their incomes increasing at these rates, all the while every new car dealership is selling at premiums, boats, UTV's and recreational vehicles, rolexes, porsches, pools etc are all sold out or selling 30,40,50k above msrp or have waitlists. The bottom of America is getting squeezed so hard, while the top have so much money they cant keep luxury items in stock. So many have used this pandemic to enrich themselves while carelessly squeezing the lower and middle class.
@Son Solomon Ummm.....okay??
That's exactly what's happening
Tiny violins for you losers.. learn a skill and get a real job.
**. I live in a senior,, mobile home park in WASHINGTON STATE ,,,,, WHERE A CORPORATION,,, PREFERRED PROPERTIES,,, IS BUYING UP NUMEROUS MOBILE HOME PARKS...(( They double and triple our rents,,, and when we try to move,,, tell us that the buyers are not qualified,,, to buy our homes)) ... We have neighbors who have homes for sale for years,,, paying over $1,000 a month for the lot,,, who have been unable to sell their homes.... Had numerous buyers rejected by the landlords...Some folks have actually walked away from their homes,,, and given them to the landlords,,, to avoid paying monthly rent,,, knowing that the landlords will reject good buyers... THEY ARE DEFRAUDING SENIORS OF THEIR LIFE SAVINGS,,, AND GETTING AWAY WITH IT...THEY ARE NUMEROUS MOBILE HOME PARKS AND ARE AFFECTING THOUSANDS OF SENIORS IN WASHINGTON STATE... ((IS THERE ANYONE OUT THERE WHO CAN HELP US...??? )). Please respond.. **
Absolutely
You have to start building your own business before you can get your dreams house and leave the life you need, salary can't help with that so think twice.
The wages we received is not enough to settle our expenses, we keep killing our self on salary putting hope on pension to take care of our self at old age it's not fair.
Salary earners can't leave up to the life plan by them, while earning try and put something to work where you are can earn second source of income.
Working for someone is like slavery yourself, you get pay and them get all the credit.
I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.
yeah investment is the key to sustaining your financial longevity but venturing into any legit investment or business without a proper guidance of an expert can lead to great loss too.
I bought a 1984 well kept modular home with a 2 car garage on a .65 acre of land. I bought it all the home the land and everything on that land. Only thing that will go up will be my property taxes. I live in a rural area, so property taxes ain't much at all and don't go up very much from previous years. Glad I went this way instead of a mobile park living.
I wrote the director of my job about how most of my coworkers are homeless and how disgusting it is that we arent paid enough to QUALIFY for housing yet we work in Corporate America.
Edit: The director claims she forwarded my concerns to the correct departments ro be heard im pretty sure nothing will happen after our most recent confrence.
This World makes me wanna 🤮
Did the director respond to you?
Bbbut someone's real-estate investment portfolio might lose value if too many building permits for housing are granted.
Gotta keep that supply tight.
Agreed
The director doesn't care so that was just wasted effort on your part. Much like waiving signs or stomping your feet in protest. If you want to do something about it assist in organization of a nationwide strike. A strike where WE the people are willing to make any sacrifice. In order to accomplish our objectives including up to the ultimate sacrifice of death. IF you are unwilling to do what is necessary then keep writing letters to the director instead. This is a common problem IF you want this to change WE ALL need to be willing to do what is required. Sticking to it no matter the cost to ourselves otherwise we will be slaves until the inevitable societal collapse concludes.
Where I live "Affordable housing" just means affordable to construct, not what they will charge for rent.
Yes but “affordable housing” only comes into play in building and buying, not renting. But you can qualify to purchase a home well below market if you have a job and do the paperwork to purchase. There will never be “affordable renting” it’s not legally capable.
@@ryanm4319 What?! Jesus, you make no sense.
A system is corrupt when it is strictly profit-driven, not driven to serve the best interests of its people, but those of multinational corporations
When I rented an "affordable housing" apartment it was literally just us tenants constantly filling out paperwork for the landlord confirming that we're poor so the city and state would foot the bill for any upkeep or upgrades he was doing to the complex. And all of the paperwork would come with a sheet stating that as a renter I was legally obliged to know that since he was getting funding for the construction or upkeep projects that meant he couldn't charge more than a certain amount for rent base on our income. My husband and I spent close to 70% of our income on rent, we made $10 over the budget line for income assistance that would have decreased our rent to an actual affordable amount. And the landlord charged $5 less than the maximum amount he was allowed to charge us for a studio apartment. Affordable housing in this country is a fucking joke
Affordable housing was only like $100 cheaper in an (expensive) part of NM I looked at, lol
This needs to be covered more often. People need to know. It’s completely impossible to buy a home nowadays. It’s really rough. I work so hard, but I’m stuck renting and paying too much for rent. Everyone i know is in the same spot
28% rent increases smh that’s crazy
I lost my home that I had been renting for almost 10 years at the start of the pandemic. Eviction notice from landlord because he wanted to sell, not because I couldn’t pay rent. Forced into a tiny apartment with higher rent and a one year lease, and when the lease was up last fall every rental was 3X what I had been paying. Hotels are just as bad. Been “living” in my vehicle for 4 months, doesn’t feel like living feels like drowning. Eventually greedy bastards will get what’s coming to them- their overpriced properties will sit empty because the average middle class workers (majority of us) can’t afford rent
In 2018 me and my girlfriend where forced to leave our house we where renting because our landlord got divorced and his wife won the house we where in in the divorce( it was out landlords patents home so she didn't have any money into it) since she didn't have a place to live she kicked us out so she could move in. We bought a 32ft RV trailer and parked it at our business which was a shop in town. We then sold our business but we still live in our rv at my gf grandparents place(fortunately). I have a large piece of land I need too put utilities on then we can live there but I have lived in a rv for almost 4 years.. not fun.
One of the many problems is, but specifically to this:
It doesn't matter if a house sits empty. Just the land is an guaranteed increase year-over-year on "investment".
Buy a small home....
@@deanvoss7098 Someone writes all of that, and your solution is just "buy a home." Do you realize how absolutely ridiculous that sounds?
It's already happening near me. There are sold homes here that just sit empty for months or years either because they were bought to launder money or because they are now renting at sky high prices.
What cracks me up is the people in these rental offices will look you dead in the face and say you must make 3x the rent 😒 I'm like ma'am do you make 3x the rent I get a blank stare 🤦♂️
Nobody seems to have caught on that the Section 8 program took all the rentals. Suppy = demand... no more supply so high prices! You should complain about the Section 8 absorbtion to your legislators!
THAT PART!!!!Glad somebody said it with their CHEST!! lmao..love it !!!
@@SirenaSpades There are section 8 people here in Raleigh NC that can't afford a place here because it's to damn expensive.All the Northerners coming down here are making it unaffordable.It sucks.
That is an absolutely hysterical thing to say to the rental agent ..GOOD POINT
This isn't the only issue going on. As a single home rental property owner(had a mortgage) ..I know firsthand how certain laws are set up to protect the occupants, not the owner & when you get a tenant that knows how to work this system it's devastating.
We spent 4 years battling a squatters rights eviction. Long story short the bank foreclosed on the property before the occupant was ever removed & we lost everything.
It's said that by 2030 90% of all rental properties will be government owned. 🧐
WATCH NEXT: Man vs. Ram: Inside an Elite Ski Town's War Over Housing - ua-cam.com/video/Qk2rS33f-Wk/v-deo.html
what about BlackRock buying up houses?
All these empty houses and buildings, too!
People are buying houses to store their money not to rent them out!
This is absolutely disgusting that people are discarded like this.
This is sad and scary
come to nz worst here.
@@brianbutler6246 is it bad as bad in south island?
Maybe you can invite 3 or 4 of them to share your place with you.
Did you vote for Biden? Just curious......
When individuals and families want to buy homes, they should be given priority. We're should stop allowing corporations, investment firms, foreign buyers, etc from buying up housing properties. It's ridiculous that they're allowed to drive up both purchase prices and rent.
America is supposed to be for the people, but it's clearly not.
I absolutely agree!!
There are sharks in my town in MO. When a basic older house goes up for sale it almost never gets sold to one of the many families waiting. It’s almost always to someone that owns 3-4 rental homes already. They buy it throw a sign on it and rent it out for $1,500.
Private sales is where it has went wrong. Well at least I think so.
Things would be much better if the showing, bidding, and purchase were public.
I believe people would be more willing to sell their home to another family standing there rather than some guy with a nice suit.
It boils down to community. As a homeowner myself, I would rather sell to a new married couple with dreams to fill rooms or a family with children already.
I wouldn’t waste my time with the guy that’s just seeing dollar signs.
Absolutely. There are mega sized property management companies that are paying all cash for properties so they can own them, and buying up many in an area, so they can essentially set the price on them for rent, and they are also out competing people trying to buy a family home they want to live in. Owner/residents are more engaged in communities and their neighborhood. Nothing against renters, because I was one until age 32, but home owners have roots. The longest I lived in a rental was 4 years. Most place I renter were 1 or 2 years max and I moved a lot because of my job. We need a cap on the number of homes that can be owned by absentee buyers in an area.
America has not been for the people in a very very long time
So my question is if say a generous billionaire came and bought property and lowered rent cost around the areas would all rent prices be force to go down
The tax for owning housing that you're not living in should be very high after you own more than 10 private dwellings and the corporate structure in which companies own other companies to open up a loophole should also be fixed
To live in Los Angeles one needs to make at least $40/hr but min wage is still stuck at $16/hr while rent, food, gas is going up constantly plus CA has the highest tax rate and homeless in the country
They are brining in workers from India to replace the AMerican workers who want to make wages they dont want to pay
And when the minimum wage goes up' so will every thing you need...
@@gregmccarter2176 I have a place to live ! I cant imagine how bad it is to be homeless and have my income faling. Its out of control! "affordible housing' is often a LIE!
Move to another state or country thats not so expensive! California sounds like a bad scene. Screw these trailer parks.
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living, Most times it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to invest…
I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks..
I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more..
@@Florencecoxx That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin and stocks. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.
@@bjoe631 You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe..?
Wow I can't believe you guys are discussing about Gary Mason Brooks , I once met him at a conference in California 2019, just before the pandemic. I can testify that he’s very good in trading..Highly recommended..
To give corporations approval to buy houses, land, literally anything pertaining to the people and is proof America is a business not a country.
THIS. He summed it up in ONE SENTENCE. Amen.
Right!
you went to the point
Back in the 90's, my stepfather wanted to buy me and my wife a mobile home and i said no thank you. Back then, i knew that the value of these homes go down alot and the land is not ours. My stepfather thought we were ingrates and never helped us with anything since. So for years we rent and had landlords from nice to horrible. Regardless, the rents always went up. We finally bought a home when it was much cheaper than now. It was not our ideal home, but we did it to get out from under the thumb of landlords. It is so sad and angering at the same time to see what many of these people are going through.
Here where I live in Florida is near impossible to rent. It's so expensive and they want 3x the rent for you to move in. I love in a studio hotel now and have for a year because I cannot find anything I can afford otherwise! 😢
I have two tenants living with me. As a "landlord" I've chosen to raise rent a total of zero times. It's a choice, and it's greed that's keeping us stuck.
It's not always a choice. If property tax goes up, you gotta raise the rent. People are greedy though.
@@kingboy280 unfortunately, property taxes go up when some fool buys a property in a neighborhood for more than other properties are valued at. Every person who overpays for a house or rental property contributes to this problem. And in some places, the amount of rent a landlord collects affects the value of their property as well.
rare based landlord spotted
Nobody seems to have caught on that the Section 8 program took all the rentals. Suppy = demand... no more supply so high prices! You should complain about the Section 8 absorbtion to your legislators!
@Syed Mahfuz No. They can work for it. Cause who is going to give the owner the extra money?
I’m in California and we were renting and the landlord decided they were adding $225 onto our monthly rent. We said ok because it’s not like we had another rental to move into. A couple of days later they said they were selling. And that was our 60 day notice. It was only in an email not an actual notice with codes or anything. We are currently sleeping on an air mattress in a family members living room because we cannot afford the outrageous rent prices. It would cost almost $10k just to move out and then we’d have to come up with rent again in another month. We are a family of 4 and work. We make too much for assistance but not enough to live in the current rental market. There are about 80 applications per rental so there is a lot of competition.
its not really the landlords's choice. IF taxes and utilities are increasing either they raise rent or lose money, if most people arent paying rent selling it might be the only way to not lose money
I left LA around 2007 and moved back to my birth state. I visit family regularly but have no desire to move back. In LA from 2002 until I left in ‘07, I was paying about $1000 plus utilities for a 1BR/1BA in KTown before it was hip. I can only imagine what the rent is like now. Add to that, $700 monthly to care for an infant and $400 for aftercare, I worked to keep a roof over the family’s head on a teacher’s salary. It was rough then but seems impossible now. The unhoused pop seems to grow and I could never move back for fear I’d join them.
more and more families are 'moving back in' with each other to save on the outrageous expenses. One of my college friends from 25 years ago moved back in with his mother (partially to take care of her), and his sister followed shortly after. ... If people are willing to sleep on a couch in the basement, and the couch in the first floor livingroom, so be it. As long as it's feasible. Cramped quarters aren't an issue compared to the housing crisis and the cost of living these days.
@@AnjoGal save money by living with family and friends start an enterprise from home thats the real way of getting ahead these days. Theres been a contracting economy ever since covid and its gotten worse since Biden got in
@Victoria B. ... Your sly landlord had intentions to sell all along. They forced you out. My son's landlady forced him to pay extra saying it was either that or she would sell (he's already paying off her mortgage with his rent). I praise God he has somewhere to live for now even though in the same place.
In the USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than $600k within just a year, and I've entrusted my advisor with the task of determining entry and exit points.
@@spacecadet6 How can I contact your Asset-coach as my portfolio is dwindling?
I'm guided by *Mary Onita Wier* , an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
Eviction moratorium -> higher risk for landlords -> landlords demand more money -> rents are higher.
I'm homeless due to similar situation. It's hell. Phoenix Arizona has no affordable housing. All the shelters are full and wait listed. You have no place to go but on the street. You lose all dignity being homeless. The hate people have toward homeless people is shocking. Housing is a human right. Everyone should have the ability to have a home.
people should never look down on a homeless person ever people are home less for many diffrent reasons people if you are reading this please have a heart for homeless people
Oh my god, I’m so sorry. Landlords, property owners, etc are fucking snakes. They have everyone by the balls and can do whatever they want and it’s legal. It’s disgusting. Capitalism has gone too far. Leave it up to these sharks to squeeze every single penny out of hard working citizens of society. The working class is by far the HARDEST working. I’m so sick and tired of everyone being slaves to this faulty system. It’s a game of chess and only the rich will win.. I really hope you find your way out of this situation. Maybe van life it or something. I’m just so fucking sorry that society has failed yet another innocent human being. This is truly hell.
What manner of hatred have you faced?
My sister and I used to feed the homeless when I was able to start working. I was 16 when I got my first job. My mom had to take me to cash my checks. What she didn't know was my sister and I would ride our bikes to the new Rally's and buy hamburgers and fries for the homeless people under the bridge. We would sit and talk to them. What I can tell you is most of the people that were under that bridge served our country. If that doesn't tell you about the good old U.S. Of A then nothing will. I'm praying for you and any and every homeless person worldwide. The reality of this is, we are all one step from homeless ❤❤🙏🏾🙏🏾
I live in third world... but you live here like a king with the money you just survive in nazi usa. Whats makes you soooo miserable is that EVERYBODY wants to live in nazi usa increasing NATIVES cost of living.
Also, why is NO ONE talking about how Airbnb is taking over areas with vacancy and driving up rent to RIDICULOUS prices? For instance, the city I go to university in has few apartments available. But look on Airbnb and hundreds of apartments are available for months, for thousands of dollars. Out of desperation, I finally messaged a few studio apartment owners in modest yet safe areas of the city to see if they would think about renting to a young graduate student for two years, with a moderate credit rating and good recommendations, and if that would vary prices.
The answer was a resounding NO. For the five studio apartments I contacted, all requested $1300 (or more) plus utilities.
I'm honestly thinking about moving my things into a temp-controlled storage unit and living in my car until I graduate, and showering at school. I hate feeling like a burden to my Dad.
My brother and his husband are working 40+ hours each a week and are also struggling to pay rent-- both highly educated and hard working.
At some point, US citizens have to realize that this isn't normal, and we have to be more strict on rent pricing and control on increases. This is ridiculous! We are creating a society that owns nothing!
Look for rooms above bars.
Go live with your dad. You are his little girl. He should want to help you. You can contribute by doing housework, cooking, etc and help to pay expenses.
"society that owns nothing"
just as planned.
"You'll own nothing. And you'll be happy."
While I believe that first part...
Gullible people watch Instagram influencers who claim they make 10k per month with their Airbnb investment. Then everyone starts investing in property thinking they can do the same. Unfortunately not that many people use Airbnb so the gullible investors will soon fail and have to sell at a loss. Get ready for the housing crash and try to save up some cash for a down payment in a couple of years!
This is not right for an 85 years old to live in his truck after working, and paying taxes for years.
So sad that 75 yr old man is homeless. That shouldn't be in the US. God please him.
Americans just don't care until it happens to them. "You should have been smart & made better choices, like me." Then it happens to them, & they say "it's the system, not me". This IS the plan, a nation of renters, not home owners.
Sometimes even when it happens to them they don't care. There is something really wrong with baby boomers and older gen x (over 45). Like fundamentally the number of philistine assholes in that group is incredible.
Well yeah. Renters can't be armed. When you are unarmed you are just a buzzing fly.
I think what you say is true. Even if you can pay the monthly payment in one of the homes they are building you are still renting from the bank. One accident or layoff or divorce you lose your place and have to start all over. I just started over at 55 it’s scary.
The Elites at Davos WANT nations of renters. It is all part of the plan ofAgenda 2030. You know, “You will own nothing and be happy”. ☹️😑😒. Go take a look at the World Economic Forum’s website. This is all going as planned. Unfortunately.☹️
You can be a home owner on the cheap(fair) if you're young and willing to work for it. There's lots of videos on youtube on how to buy cheap parcels and construct your own home for sub 100k. If you're older and have some family members to help out you can save alot otherwise find cheap labor where possible.
I honestly have no words for America right now. My heart breaks for those on a fixed income and I'm only 20 and I wish I could have my own place. They are building so many houses and apartment complexes but they are so expensive. We shouldn't have to be 30 still having roommates because it is impossible to afford a simple roof over our head. What is this country becoming if this crisis continues.
3rd world
It is rife with greed.
1 Timothy 6:10 ESV
[10] For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
2 Timothy 3:1-9 ESV
[1] But understand this, that in the last days there will come times of difficulty. [2] For people will be lovers of self, lovers of money, proud, arrogant, abusive, disobedient to their parents, ungrateful, unholy, [3] heartless, unappeasable, slanderous, without self-control, brutal, not loving good, [4] treacherous, reckless, swollen with conceit, lovers of pleasure rather than lovers of God, [5] having the appearance of godliness, but denying its power. Avoid such people. [6] For among them are those who creep into households and capture weak women, burdened with sins and led astray by various passions, [7] always learning and never able to arrive at a knowledge of the truth. [8] Just as Jannes and Jambres opposed Moses, so these men also oppose the truth, men corrupted in mind and disqualified regarding the faith. [9] But they will not get very far, for their folly will be plain to all, as was that of those two men.
You've seen it now. There was a show called Golden Girls already talking about such issues. Today my disabled mother can't afford her rent because of fixed income too low.
The government assesses property values and jacks them up so they can collect more taxes. Yay
@@effytraveler6155 I work housekeeping and I’ve been cleaning elderly peoples houses for lower rates because they’re not able to afford much right now and it’s a necessity for them
This is so messed up and we gotta fight back and stop giving these hogs our money for 0 quality. My heart breaks for these people. When they said pet fees even though they own their home I lost it. These people who do this are going somewhere miserable hopefully 😔🙏🏽
Crazy idea here. Let's not allow house and dirt renting anymore. Limit the number of houses a single person or entity can own. Only allow ownership to people living in the country. The average person is being priced out of having a family, home, and their own finances. Why? Because their some other person's investment? Landlords will tell you they provide a service but really it's always an upcharge all while you are paying for the upkeep on their investment. You'll own nothing and be happy. Congrats
One of the big things that need to be fixed is the "grey" area that a lot of low income people fall into including myself. That "grey" area being, you work making minimum wage or close to it, but you make too much to qualify for any assistance but you fall into the "grey" area of you make too much for help but make to little to be able to afford rent. The jobs that have better wages are in the city or just outside it, but the rent in those areas are to high to afford so you have to live 50 + miles away to afford anything, but then if you don't own a car you can't get to the city to make more money to afford your cheaper rent 50 miles away and there is no public transportation that far out, and any jobs in the areas where rent is affordable don't pay enough to pay for the rent. If you do own a car the gas is too $$ to be able to drive 100 miles a day. So what do people that fall into this "grey" area supposed to do? This actually pushed me into being homeless for about 4 years, and it wasn't until a crazy homeless guy attacked me from behind and pushed me into on coming traffic, and only then, while I was in the hospital recovering from surgery, did I start to receive any help. And that was only because I was homeless and needed to go someplace other than the hospital to recover for 8 months, and the hospital was not allowed to just put me back on the streets with the extent of my injuries. So it took me almost getting killed to get help...this is not the way it's supposed to be.
2 rich 2 be poor , 2 poor 2 be rich
It’s terrible that you had to go through all this terrible events. That said, I am an immigrant. I came to this country to work hard 40 years ago. After many years of saving money, I bought a townhouse. Then I always saved to spend on education.
I know that not everyone is cut out to go to school. But we are all good at something. Follow your passion and give it 100%. You can accomplish anything in life.
What is it that you do for a living?
Is it possible for you to learn a skill that can pay you more? Something you can freelance. E.g. if you can learn to repair something & there's a market for that in your area.
Perhaps there's a skill you could learn in 3-6 months, that can pay $25+ per hour or service, that could be a start towards improving your situation, even if they're small improvements
Aquire a skill that people are willing to pay for, that accommodates your lifestyle.
I’m a teacher and can’t even afford my own place. I have to live with family despite having a college degree, especially given all the inflation. It’s ridiculous.
Become a call girl
@@mick1325 WTF
You are so beautiful. Can we be friends?
where do you live?
@I need a Ps5 You troll accounts are out in full force aren’t you?
Unchecked greed is the core issue.
Taxes are a problem as are zoning laws. The government has things that can help, but most cities they don't. Seattle has been very resistant to affordable apartments while supporting expensive townhomes and high end luxury buildings. Right now, I can find plenty of $2,500-4,000 a month one bed units. Even people making a solid $150K that a large chunk of the monthly
I own a few properties in Iowa and one in Pensacola FL. Never raised rent on a tenant or charged for application fees or late fees. Always gave the full deposit back. I try to not stress people financially especially if they are college students or have kids. In return the leave my property in better shape than I gave it to them. I could have made a few thousands more squeezing every penny out of them, but the sense of reward I get by treating them like humans is priceless to me.
Wish there were more people like you. Seems like the only way the majority of landlords will ever behave like you is only when the system forces them to, not out of their own hearts.
@@KD-ou2np and how do we force tenants to pay their rent or take care of the property? It goes both ways.
God bless you Sir.Unlike you most people are selfish.
Thank you for your humanity!!
Getting my deposit back, has always been hit or miss for me. I remember one time, I really tried hard to get the full deposit back. I went all out and cleaned everywhere and made sure everything was working correctly. I only got back 40% of my deposit. Not sure what I did wrong? Carpet looked great, I replaced the stove burners, washed down nearly everything that could be reasonably washed. I still don't know what I did wrong.
“Everything must go up” except what people get paid.
Everything goes up except for the fking wages
What are you talking about? Company executives get pay raises all the time.
Exactly
Exactly!
@@Pierredirects
Only the top 5% and/or senior staff
In New York state we have protections for people who live in mobile home parks. They can’t just kick you out and they have to provide you with a lease and no month to month can be forced on you and that means they can only raise the rent once a year if you sign the lease. Many New Yorkers are unaware we have those protections but we do
Probably the biggest problem is property taxes. Property taxes should not be linked to the price of a home. Your house increases in value X%, your property taxes increase while the services the town provides stay the same.
You know it’s a problem thats never gonna get fixed when vice does a documentary on it.
That was BRUTAL 😄👏🏼👏🏼👏🏼👏🏼
Lol damn
Wow
Lol 😂
@Darkfarfetch No one is stopping them from keeping their doors shut either.
As a young man I'm terrified for my future. Gas prices are thrusting people into poverty, monkeypox is back, we won't own anything anymore, and we are easily distracted from bigger problems by buzzword topics. What a sad state this country is in. The worst part is that we allow them to do every bit of it.
my best advice is study HISTORY from the Babylonians to the present, preferably from OLD references. You will detect the common threads thru history that the powers that be have kept as their secrets. They foster ignorance to keep mankind in a sort of slavery. People were way ahead for a while then they created the 'Dark Ages', complete with their own scamdemics. Study history REAL HISTORY to know the future.
As young man you got to make budget
Yup,..you voted for your wonderful democrat of a president.
He changed everything good that Trump did for us,the people. Even if you dont like him,we need him back to fix what Biden has done
Btw,Im not a republican or a dem,..just a citizen watching as our forefathers roll over in their graves. After all they gave to make this country great.
@@lildicky8973 A BUDGET WONT MATTER IN A MIN
@@marxeloworld6854 yeah I thank I'm figuring that budget thang ain't great advise right now inflations getting Lil bit scary
In Tampa they seemed to have closed mobile home parks that were close to waterfronts and replaced them with over priced houses.
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@@SherlyDavis-ek4qz Please tell me how can I connect to your advisor. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.
Not exactly, I started out with a financial advisor called *Mary Onita Wier* Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
This reference seems valid.. Just looked up her full name on my browser and found her website without sweat, over 15 years of experience is certainly striking! very much appreciate it
I was homeless as a child with my mom I was 10 years old. I’ll never forget it …something like that changes you as a child and your whole life . I’m 32 now and even though I’m financially secure married with kids - I fear homeless everyday. And have flashbacks a lot of what it was like sleeping in a bed of a truck and waking up looking at the sky as my mom drove across town to drop me off at school . I sympathize so much with homeless it hurts me to see people live outside with no home . Although some could be there from drug use mental health no family . It all depends but NO ONE should be homeless
I’m happy you’re ok !
The only reason there are so many homeless in California is because Reagan closed all the insane asylums.
Money problems and stress causes mental illness and drug abuse.
Maybe it's time to break the power grid
I was homeless at 14 and am about to turn 25 still in the system. Last group home messed me up so bad I lost 10lbs in a matter of weeks and now I'm underweight. I had a section 8 voucher granted to me a year ago but most landlords rejected it because I obviously have no credit score and no rental history. After locating a unit it is still endless levels of beuarocracy to push through. I had to quit working because of how underweight I now am and used all of my savings on extended stay motels. Sometimes at night I catch myself thinking if I should forget the program, the subsidy, the voucher, just disappear. Maybe it's the stubbornness in me but what stops me is the idea that I would be letting them win. Them being the wealthy who are buying up and gentrifyng the land in my home state, California. It would be in their favor to eliminate all people like me and turn the state into one big luxury resort for the world's elite population. Funny thing is, before my health worsened, I was working multiple jobs all in service industry. Supplying their food. And people like me are the only ones who will do it for minimum wage- or less. Do they expect us to live in camps where we are sent out to work and do nothing else? It's already happening with young people, even middle age people still living in group homes or living with FAMILIES of roommates. Not 1 or 2, but multiple couples with children in small apartments. Disgusting conditions.
I think america is getting to a point where corporate greed as caught the mainstream eye in all aspects
True
and yet
name a country with out that...
Canadian investment firms in my area are buying up starter houses (built for younger milennials maybe older folks looking to downsize) and selling them for rent. It's not even evil American companies.
Quantum dot tracking
Really a shame this is happening everywhere to everyone. All I can say is people have revolted over less...
How about talking about what landlords are going thru? Moreover, why do so many people seem to think they are owed something? And why is the question about life choices not front and center?
I really feel for Americans, because we Australians are experiencing the same thing. We're all in it together I'm afraid.
The system is broken and corrupt, it benefits people who own apartment buildings, homes they rent out, etc. The owner class has made more money in the last 20 years while the average American has loss purchasing power due to inflation. The system just makes the rich, richer, the poor, poorer. The extreme rich keep "donating" aka bribing the powers in government for policies that benefit them. In the end, it's all so a bunch of rich egomanics can brag about numbers in their accounts to other rich egomanics, so they can buy more items for their collections to sit in garages or gallerys.
Capitalism across the anglosphere is doing this.
There’s a pattern . It’s giving the Fall of Western Society and Karmic Debt of the Saltines. Good riddance and don’t try to run to South America and Africa. I hope they build a wall on you ppl😂
@@Praisethesunson greedy white people doing this to white people. weird isn't it ?
Don't forget us Canadians.
I really liked the guy’s comment at the end “if we want a society with affordable housing, we have to build it”. Unfortunately, I don’t see anyone really caring about this because our society has gotten to the point where people just want to get rich quick and not worry about what they’re doing affects other people. We’re all trying to make more money, but it’s turning people against each other in the sense that richer people are seeing investment opportunities in the vulnerabilities of poorer people. That mindset in itself needs to change.
Wonderful, wonderful comment
and stop REITs from buying up affordable housing for investments. Owner occupied buyers only
TRUTH
This exploitation has led to anarchy and revolt. Where is that breaking point.
You said it! Infact, a family living a consumer society with affordable rent will have more money to spend at your businesses and generate more taxes. When they don't have the money, they pay for rent, bills and food... or end up homeless. Not living sustainably, not spending, and not able to contribute to the local economy. It's deeper than just high rent and greed. Realeastate companies and landlords are robbing profits from both the people and the locals businesses in their cash grabs.
Im currently dealing with the trailer park bullshit myself. Figured it would be easier than buying an actual house...hell no. I regret buying a fucking mobile home.
Rent control doesnt work, it simply creates worse shortages. You need more homes, you need more developers. Why would landlords invest in more development of homes for rent, if you cap their profitability.
I'm going through this crap with my 3 kids right now. I've been living here over 10 years in the same home, never late once till I was hospitalized, I payed them all there money as soon as they released me from the hospital from surgery, and they don't care. My kids and I are about to be homeless with no where to go. And all these places don't even care if you have enough money to rent there homes, they want impossible credit scores for people like me on social security! This is the scariest time for my little family to go through. This is pure greed!
I genuinely pray and wish the best for you and your family. I know this is incredibly scary.
It's a gift from your new pres
These posts hurt my soul. It's horrible enough to be homeless as a adult but children being homeless is unforgivable!!! These law makers make me sick!!!
@@jeffrey266
I'm guessing you didn't actually read what I wrote. I have money to get a home. I Do Not have a 650 fico score. If you know what that is, @ Sadie Beauregard then you would understand, that without the high credit score you can't rent a new home anywhere in a good neighborhood in a safe neighborhood.
I lived I this same house for over 10 years ! I always paid when they increased the rent. It was the first time I had ever been late in over 10 years, and never asked them to repair anything. I even paid for the landscaping myself to get done. When I moved in my rent was 1195.00 it went all the way to 1400.00 a month. I was late 1 time due to being hospitalized just a few months back for a bleeding in my stomach called, gastrointestinal tract bleed, or a GI BLEED. And I'm in the hospital right now because it couldn't be fixed correctly the first time, because I left way to soon to go home to pay my rent check! Now, if you want to rent a good home or apartment in a good area you need a credit score of 650 or higher. You also must be able to show that you make 3 times the amount of the rent or 4 times depending on the home, and the actual amount there asking for. I won't loose my kids thankyou very much, however I absolutely don't want to move my little family into a really bad area. I don't think you would like it if your parents moved you into a horrible neighborhood either. Right now I'm way to sick to do much of anything. But even with a bleeding GI, nausea , vomiting extream pain in my stomach and waiting to get this nasty drink to clean my system out, and then have this surgery done so they can get in there and stop the bleeding, and then let this heal properly this time, all while I'm looking for a new home for us to live in.
@@samanthamonroe3826
Thank you for your prayers so much. They are truly needed in this time in our lives right now. 🙏🏽🙏🏽🙏🏽❤️❤️❤️
We are literally in the middle of a great depression, because cost of living being so much higher than wages, and price gouging by landlords is a major cause, and they use BS excuses as to why.
It’s poutine 🤡
Putin price hike!
Pay your fair share
all booms and busts arevcreated to claw back all assests from the people up to the ruling oligarchy.
it us a GLOBAL oligarchy
Even RV parks in Florida are charging over $1,000 for a LOT OF GRASS…
There is no reason for anyone to be homeless. Especially those who work full-time or have 2 jobs. I live in a small town in Wisconsin. I rent a 1 bedroom 1 bath apartment for almost $700/mo. Water, sewage, trash is all included. I've been living here for 4 or 5 years now. I pay for the electricity and wifi. So, where I live is affordable, but $700 is quite a bit much. However, I wouldn't dare lose it because I dont wanna become homeless. I lived with my mom til I was in my mid 30's because at the time I didn't earn enough money to live on my own. I tried and I just found that I couldn't. With Covid, we were all given stimulus money from the gov't, which was nice and helpful, but it later came at a huge cost. Also, because of Covid, so many businesses could not operate and they ended up losing a lot of money. So that caused even more inflation. Also BLM riots caused inflation because of them destroying property such as businesses, in several states. So all this caused food prices to increase heavily, along with gas, and many other essentials that we depend on everyday. Now that wages have increased to $15/hr. That really inflated everything. Its nice to make $15/hr or higher, but it too comes at a cost. The MAJOR reason things are so inflated is because our govt is wasting our money on petty stuff and sending it to other countries who never help us, financially. Yes their citizens are just as poor as us, but their govt hoards all the money like Uncle Scrooge. Everyone is getting screwed by their elected officials. No one seems to do anything about it.
Youre livig in a dream, rents are more like $2000/$3000. in any place where there are JOBS
not where I live and where I am from. I live in Wisconsin and I'm from Indiana. @@user-te3qm5mv6r
i worked hard, i went to school, i got a bachelor's degree in a good STEM field. and i cant afford to move out. there's less jobs available than ever, and last i checked a 350 square foot studio would cost almost 1800 a month in rent. my bedroom in my parent's HOUSE is bigger than that. i've watched several friends be pushed into homelessness by soaring costs in just the last 2 years, even as they work 70 hour weeks and skip meals to try and stay alive. at what point do we say this is not ok?
Cap
Totally understand you. I'm 31 I have a degree and a decent job and yet housing is extremely expensive in my area. The cheapest place is a 450 square foot studio that rents for $1,548 a month (Utilities not included) and they only do month to month leases.. so they can jack up the rent at any time..
Life is temporary. We need to have empathy for others in this country. The greed is so over the top!
Would you still help a Trump supporter?
@@luisdaa political alignment should have nothing to do with anything. You saying this shows your ignorance and greed.
Time to break the power grid
@@luisdaa your political opinion doesnt make your rights invalid. Everyone should have food, water, shelter and healthcare at the bare minimum
@@FredDurst1 Not really. People who support these clowns are part of the problem. Guilty by association
It's worst now a year later
Buying a house but renting the land it stands on sounds like a strange concept to me. I live in Germany and own a house on my own land. People either live for a rent or the own the house and ground, but nothing in between. But nowadays there is this tinyhome hype, which promotes exactly this. People pay about 50.000€ for a mobile home with bad insulation (and it can be cold in Germany) and these homes are often smaller than an average car garage. And a lot of people go for this scam and think they could put it on a beautiful place near a lake in the summer for cheap and move it elsewhere if they want. Fools they are.
The nice places are either belong to rich mens houses, reservations (where not even camping would be allowed!) or companies. So you will be charged a lot just for the view, charged a lot on heating and living still in a small wooden cabin thats rotting away. Fools they are.
Usually we build stone houses here. The traditional northern red brick style has a facade that lasts at least a hundred years without the need of any work on it. The also traditional pan tiles on the roof and timber work under it lasts at least 60 years. Even under the wet, windy and salty conditions here at the coast.
Down to the south they have natural brick houses or timberframe which are 500 years old and still inhabited. Building a durable house once, will safe a lot of work in the future. But people go for the cheap crap today.
My grandpa bought me a condo a year before he died. It’s made things so much easier. I’ve been able to get sober and get my life back without having to worry about a safe place to lay my head. Thank god for you grand dad I miss you.
You were blessed to have him
That’s awesome. 🙂
Don’t mess up you are blessed !!
My grandpa was also very good to me and I'm thankful to this day for so many things.
I bet he's still there when you need it
I've been homeless two times before I was age 30. I have a college degree, was NEVER ON OR hooked on drugs or into bad unhealthy lifestyle. It really can happen to anyone! It's hard to find somewhere safe, affordable and healthy for you to live nowadays. People end up in terrible neighborhoods single moms raising their kids in awful environments bc of the fact they can't find safe housing, and I see all types of stuff up here in NY. Rooming houses have become very popular in wny. It's sad and awful. Luckily I found a home and have not had to manage thru the pandemic without one but I know plenty who are and who have I remember being homeless and it was the hardest thing I have ever been thru. Our homeless are our most vulnerable population. As a previously homeless female I fell victim to many injustices and harm while I was homeless . U really begin to see ppl for who they truly are when u are at their mercy or have to couch surf and u are vulnerable sleeping under a bridge especially if u r a female
not every "homeless" person is vulnerable
❤️
Hope your doing better.
There's your problem. "Up here in NY". That is a terrible place to try to live. I bought a 3 bedroom 2 bath house in a nice neighborhood for 154k. Pay 1100 a month for a nice place and that is affordable to me at least. California, the northeast and some other states are ass backwards I'd get out of there or just be helpless and homeless up to you.
Yup most people are 2 paychecks away from being homeless. Hell my income has tripled in the last 5 years and I still can't buy a house where I live because they keep outpacing my income.
What do people think the end result was going to be a thousands upon thousands of people not paying their rent for 12 to 18 months?
The landlords were still on the hook for that loan to their bank, so it only makes sense that they would jack up their rent big time to make up for their losses
That is why if you can afford it, buy your own land and put your modular/mobile home on your own land.
That guy at the end wanting to take his life because it’s just so hard to live in this world… my heart ached and I definitely almost cried.
Very relatable. That's me every day.
"It's chaos, be kind."
Yes, contemplating suicide due to what amounts to a "financial death sentence" in this capitalist rat race is not that unreasonable to me personally.
The US needs to legalize assisted suicide more than ever for the middle class people tired of being on this hamster wheel going nowhere. Many elderly middle class people will opt for this service, it's the only way out for some.
@@fandam801 Sooner or later, we're going to have to choose between the easy way, and the *right* way to live.
Adapt to living off the grid. Completely self-reliant and self-dependent. That's their worst fear. Living without having to be plugged in to their matrix.
They hi-jacked this ride. Hijacked our reward system(s) and made it their own. It serves them and no one else.
This is what people exist with day by day moment by moment as a vast majority of this country at best is living pay check to pay check with many living in poverty despite it looking middle class even though that dream died long ago. Before covid that minimum on an national average was $54,000 a year before taxes and has to be well over $60,000 a year with how things are now.