Wall Street buys hundreds of homes in Pittsburgh area and turns them into rentals

Поділитися
Вставка
  • Опубліковано 5 вер 2024

КОМЕНТАРІ • 55

  • @christie724
    @christie724 7 місяців тому +29

    We should put laws on the books to not allow this.

    • @k3mikal
      @k3mikal 7 місяців тому +1

      Who do you think funds the folks that write the laws?

    • @Bobrogers99
      @Bobrogers99 7 місяців тому

      These corporations have lobbyists in the legislature to make sure that the laws won't change.

  • @YELLTELL
    @YELLTELL 7 місяців тому +11

    I WILL NOT LIVE IN A POD AND EAT BUGS!!!!!!!!

  • @jaddek.astrie3071
    @jaddek.astrie3071 7 місяців тому +19

    The corporate wants to own everything 😢no one can buy a home any more. So greedy.

    • @adeezy93
      @adeezy93 7 місяців тому

      Naw a ststematic tatic for urban removal to eradicate the blaq community whyte kids are buying homes in a blaq community smh

  • @tricatfilms6136
    @tricatfilms6136 7 місяців тому +17

    It's so frustrating... this happened for so many houses I was looking at... they were on the market for 3-10 days AND GONE. A REAL mayor/governor would OUTLAW this. Brighton Heights got completely ruined. Any houses under $150k were gone immediately.

    • @TWLogik
      @TWLogik 7 місяців тому +1

      I just think if there is more than 1 than families should get priority especiallyif it's bank owned. They could also place limits on how many can be owned by corporations .

    • @k3mikal
      @k3mikal 7 місяців тому

      Funny you think a mayor has the power to stop this lmao

  • @cathie9614
    @cathie9614 7 місяців тому +4

    I get several calls a month asking if I'm thinking about selling my home. I said sure ... 300,000 cash please, they always say they get back to me. 😂😂😂

    • @nicks2581
      @nicks2581 7 місяців тому +1

      I told them $500,000 cash. I have also asked them who they are working for, they didn't respond to the second question.

  • @doneown503
    @doneown503 7 місяців тому +4

    , forcing more families into Van Life every week , , , shame , shame , shame , ,

  • @AmandaPandaWhoLivesInaVeranda
    @AmandaPandaWhoLivesInaVeranda 7 місяців тому +6

    Don’t rent from corporations 🛑

  • @shirleyharris1335
    @shirleyharris1335 7 місяців тому +4

    Zillow! This will definitely cause Homelessness! Don’t allow it!😮

  • @HUFFLE-PUFF
    @HUFFLE-PUFF 7 місяців тому +15

    This disgusts me! This is why I can’t buy a home. You get outbid by people who don’t even live in Pittsburgh! I’m sick about it because apparently the town I love doesn’t want families putting down another generation of roots here. SMH 🤦‍♂️

    • @mor9n243
      @mor9n243 7 місяців тому +1

      This town is lost its already lost

    • @mor9n243
      @mor9n243 7 місяців тому +1

      Bingo Pittsburgh is all about the transplants and it shows

    • @michelledelfrate1014
      @michelledelfrate1014 7 місяців тому +1

      No, their goal is to deny families the ability to build generational wealth!

  • @leosoberon3216
    @leosoberon3216 7 місяців тому +4

    In socialism, this wouldn’t happen. I love capitalism but this is abuse

  • @thebroham5239
    @thebroham5239 7 місяців тому +5

    STOP THIS immediately!!! this is absolutely horrible for us as we have been looking for two years now.

    • @mor9n243
      @mor9n243 7 місяців тому +1

      Oh well Pittsburgh kinda sucks anyways Ohio is better I think

  • @Bobrogers99
    @Bobrogers99 7 місяців тому +3

    Want a place to live? You'll have to rent one from Big Brother. He's snapped up all the ones you could afford to buy.

  • @doneown503
    @doneown503 7 місяців тому +2

    , they know these houses "money pits" if they had to actually address all the maintenance issues , , Greed is having its shining hour ! , good on the local government stopping further damage by restricting them from more purchases.

  • @mor9n243
    @mor9n243 7 місяців тому +2

    My neighbors are from Oregon they paid 180k for a home WELL below that value Being from the West they thought it was a steal 😅

  • @mgreg8134
    @mgreg8134 7 місяців тому

    This needs to stop homes should not be an investment strategy for hedge funds and private equity firms.

  • @sonnymarino7904
    @sonnymarino7904 7 місяців тому +2

    If a corporation wants to buy my home over market price, So be it….“Greed is Good”

    • @rayr268
      @rayr268 7 місяців тому

      Soon you’ll sell and never be able to buy again. Good luck 👍

  • @bobbullethalf
    @bobbullethalf 7 місяців тому

    Yes, corporate greed! You buy when prices are low.

  • @doneown503
    @doneown503 7 місяців тому +1

    , well , word is out ! , long distance land lords only want the $$$ , not the hassle of real maintance issues ! Don't expect these places to be Taj Mahal's! , barely livable , ,

  • @antonioruberto7077
    @antonioruberto7077 3 місяці тому

    This should be illegal.

  • @MsBadBody
    @MsBadBody 7 місяців тому +1

    That's why I don't like renting from private companies and landlords. They do the grimiest things and there is no one above to reprimand them. I always search an apartment's management company and I have found some that were sketchy. And they might have one person showing a rental and they seem if-y themselves. Another red flag is that if I see their is no or little contact info or the people are unreachable, I know they are bad business. I have seen and read stories of tenants complaining about things needing to get fixed but nothing happens.

  • @melodythompson7755
    @melodythompson7755 2 місяці тому

    Criimnal

  • @adeezy93
    @adeezy93 7 місяців тому +3

    This doesnt affect the whyte community only african americans the victims of segregation

    • @AmandaPandaWhoLivesInaVeranda
      @AmandaPandaWhoLivesInaVeranda 7 місяців тому +3

      You don’t have to remain ignorant but you likely will since you enjoy stewing in energy of racist thoughts and hate.

    • @doneown503
      @doneown503 7 місяців тому +3

      😂 , good on you , for playing "forever victim " !

    • @adeezy93
      @adeezy93 7 місяців тому

      Play victim? uunapologetic i understand but u wouldnt tell a holacaust survivor stop playin victim @@doneown503

    • @adeezy93
      @adeezy93 7 місяців тому

      Im Racist? Do u own a dictionary? I understand 😐 but rhetorical question? martin luther king wasnt a racist when he protested for civil right and to end segregation frm “your race” 🤔your race plays psychological mind games with african ppl ; However not anymore though.@@AmandaPandaWhoLivesInaVeranda

  • @davidmitchell6873
    @davidmitchell6873 7 місяців тому +4

    Republican policies always looking out for the little guy lol.

    • @tricatfilms6136
      @tricatfilms6136 7 місяців тому +9

      Democratic mayor and governor are supposed to be protecting Pittsburgh, they could care less about this HORRIBLE practice.

    • @mor9n243
      @mor9n243 7 місяців тому

      ​@@tricatfilms6136my dad bought my place in 1985 and I get calls daily from companies wanting to buy

    • @vikker8274
      @vikker8274 7 місяців тому

      Look at lobbying $. The vast majority of Wall Street money goes to democrats. Fact.

    • @k3mikal
      @k3mikal 7 місяців тому +2

      ​@@tricatfilms6136 you're a 🤡 if you think a lowly mayor has any power over this.

  • @Mantaracer
    @Mantaracer 7 місяців тому

    Greedy corporations!!!🤡💩👎

  • @MrTom-kl7hy
    @MrTom-kl7hy 7 місяців тому +1

    Another 4 years of a "landlord in chief", bringing more corporate tax cuts will solve this...

  • @TWLogik
    @TWLogik 7 місяців тому +1

    There may be a positive to this. Bcse they have to depend on employees to manage these homes when they are vacant. If they are like many workers today and slack off. Then when they don't pay the tax bill then you may be able to get good deals. Bcse the employees will likely be unaware until it's too late. I remember a long time ago these companies said they don't wanna be landlords. And how they are managed is only as good as the folks being hired.