‘REALLY, REALLY HITTING THEM HARD’: Economist scolds Biden admin’s new rent proposal

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  • Опубліковано 26 сер 2024
  • Former White House Council of Economic Advisers Chairman Kevin Hassett unpacks affordability issues in the macroeconomy and reacts to Trump's V.P. pick, J.D. Vance. #FOXBusiness
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КОМЕНТАРІ • 149

  • @mikekellum6238
    @mikekellum6238 Місяць тому +58

    Maybe Biden should of capped government spending instead of private citizens pricing.

    • @MrBabyaker
      @MrBabyaker Місяць тому

      Trump spent more than any other president is he gonna if he gets in

    • @jerrym.8071
      @jerrym.8071 Місяць тому

      ​@@MrBabyakernot true 🤡

    • @Olivia-2019
      @Olivia-2019 Місяць тому

      @@MrBabyakerwhat happened in 2020 might that have something to do with the spending🤔

    • @l.k.7940
      @l.k.7940 Місяць тому

      This News Report Misses The Important Pieces (Read below or search the news story on Google or Bing) :
      1. The rent control would only apply to landlords with 50+ properties and they still can increase rent by up to 5% per year.
      2. There are exceptions for new and highly renovated properties, most or all of them would be exempted!

    • @l.k.7940
      @l.k.7940 Місяць тому +1

      This News Report Misses The Important Pieces :
      1. The rent control would only apply to landlords with 50+ properties and they still can increase rent by up to 5% per year.
      2. There are exceptions for new and highly renovated properties, most or all of them would be exempted!

  • @maryforhan-robey5946
    @maryforhan-robey5946 Місяць тому +58

    Hey biden don't forget to arrest your self!!

    • @user-hl9iy8vz8n
      @user-hl9iy8vz8n Місяць тому +4

      I don’t think the government should tell us what we can charge for rent when you look at the budget of the staffing at the White House under the Biden administration

    • @mikeyncali
      @mikeyncali Місяць тому

      😂😂😂😂 the problem is he would lol 😂

  • @paulorr9262
    @paulorr9262 Місяць тому +31

    You have no further than Canada to look at what zoning and price controls have done the rents

    • @Matt-n2g
      @Matt-n2g Місяць тому +1

      i live in canada - Manitoba. if it wasnt for controls rent would be unaffordable. Toronto and Vancouver is already ridiculous, they dont have rent controls. so im curious if you have any clue what your talking about.

    • @l.k.7940
      @l.k.7940 Місяць тому +1

      ​@@Matt-n2g yes, but zoning and other things also have major affect.

  • @tallgirlhappyme
    @tallgirlhappyme Місяць тому +41

    I hate how *Neil Cavuto always ends up INTERVIEWING HIMSELF by providing his OWN answer* to the question, and *TALKING OVER his guest.* It's positively GROSS. *I would have liked to actually HEAR what this GUEST had to SAY,* WITHOUT being interupted by Neil! *Is it ADHD, or just rudeness?!* 🤢

    • @carylhalfwassen8555
      @carylhalfwassen8555 Місяць тому +11

      He is full of himself. I don’t usually tune in to him because of this style.

    • @barryfleming8488
      @barryfleming8488 Місяць тому

      Resume from David Lin?

    • @cynthiawren4877
      @cynthiawren4877 Місяць тому +5

      I honestly believe that Cavuto doesn't like Trump.

    • @magerted64
      @magerted64 Місяць тому +2

      TDS

    • @dancedance1014
      @dancedance1014 Місяць тому +2

      Fox needs to get rid of him and he would be perfect for the falling network CNN

  • @tonyv416
    @tonyv416 Місяць тому +33

    Neil has TDS...

  • @debbiecaldwell489
    @debbiecaldwell489 Місяць тому +19

    Hasn't anybody at FOX told Cavuto how OBNOXIOUS he is by CONSTANTLY interrupting his guest's???? Somebody SHOULD tell him.

    • @ChrisCarlin-is8wv
      @ChrisCarlin-is8wv Місяць тому +2

      I don’t think they care. Look at one Sean Hannity.

  • @happymoon5991
    @happymoon5991 Місяць тому +21

    Neil Cavuto,,,,,.why are you in Fox News ? You sounds CNN !

  • @mmblunt3
    @mmblunt3 Місяць тому +18

    Bidenomics! My goodness!

  • @Peggy-yf5qt
    @Peggy-yf5qt Місяць тому +50

    I don't think the government has the right to tell people what to charge for rent that's none of the governments buisness

    • @hughjass-pz3cp
      @hughjass-pz3cp Місяць тому +2

      this comes from all the rent control in NYC. yeah, NYC.

    • @Matt-n2g
      @Matt-n2g Місяць тому

      wrong. people need housing. landlords charge too much. they are greedy. but wait you want to fight homelessness right? and you blame governments for the homless situation, and yet you wont allow them to fix the problem?? makes a lot of sense.

    • @Zay-yah
      @Zay-yah Місяць тому +1

      I think that there could be a line drawn somewhere between property value and tenants living income. I don't think it should stay the same, but I don't think it should be over regulated where the renter doesn't feel like their getting a fair value for their property.

    • @bigtobacco1098
      @bigtobacco1098 Місяць тому

      ​@@Matt-n2gI think we should define your income a bit lower

    • @bigtobacco1098
      @bigtobacco1098 Місяць тому +1

      ​@@Matt-n2gyou think more gubmint is the answer 😅😅😅😅😅😅

  • @coleyau
    @coleyau Місяць тому +69

    Can we please have the January 6th committee while they are at it, launch an investigation in to Joe biden's "bullseye" comment?

    • @tonybabineau5642
      @tonybabineau5642 Місяць тому

      If rolls were reversed Trump said Bullseye and Joe was shot at Trump would either have a warrant or be arrested already for setting up a hit on president Joe

  • @bigjimtenbillion
    @bigjimtenbillion Місяць тому +18

    Rent caps never work

    • @FosterTravis1071
      @FosterTravis1071 Місяць тому +1

      So? Slum lords get the final word here?

    • @user-vx7vi3vq1c
      @user-vx7vi3vq1c Місяць тому +2

      @@FosterTravis1071No dummy, a building owner has the right to ask whatever he wants to rent. Don’t like it? Don’t move there.

    • @NDAsDontCoverIllegalActs
      @NDAsDontCoverIllegalActs Місяць тому

      Tell that to New Yorkers renting 5 bedrooms for $300.

    • @l.k.7940
      @l.k.7940 Місяць тому +1

      ​@@NDAsDontCoverIllegalActs What?! 5 bedrooms for $300?!
      Maybe you mean 1 bedroom for $3,000.

    • @FosterTravis1071
      @FosterTravis1071 Місяць тому

      Where I am, average rent in the area ... $3650-5000 a month, in section 8. It's crazy as is. ​@@user-vx7vi3vq1c

  • @jacquelinekraynek6300
    @jacquelinekraynek6300 Місяць тому +67

    FJB ! Worst president in history 😊

    • @richardmesser1091
      @richardmesser1091 Місяць тому

      But not a 34 time felon. Trump gave tax cuts to billionaires, was that you

    • @l.k.7940
      @l.k.7940 Місяць тому

      Not really. think again.

    • @TtowneMs1013
      @TtowneMs1013 Місяць тому +1

      ​@@l.k.7940 Enlighten us!

    • @l.k.7940
      @l.k.7940 Місяць тому

      @@TtowneMs1013 Hoover & Carter & George W Bush were worse!
      Reagan and Clinton were some of the best! except Reagan funded some extremist groups in Pakistan & Afghanistan in the 1980s whether knowingly or not.

    • @mikeyncali
      @mikeyncali Місяць тому

      Carter is stoked he can pass on now and know he wasn’t in last place 😂😂👍🏼👍🏼

  • @mark5846
    @mark5846 Місяць тому +2

    I have a cousin in Minneapolis/St Paul. When they were about to put in rent control I suggested he raise the rent before he was unable to raise the rent to keep up with ownership costs. Price controls hurt renters and landlords alike.

  • @JohnEllis-qp9fz
    @JohnEllis-qp9fz Місяць тому +13

    So sick of the news guy interrupting the guy that's talking shut your mouth Mr rude

  • @catherineladd5300
    @catherineladd5300 Місяць тому +4

    When rent stabilized apts reach $2K they automatically go off rent control in NYC.

  • @2113pinch
    @2113pinch Місяць тому +9

    The Obama third term has been a disaster of monetary printing and handouts. 🤷🏾‍♂️👎🏾

  • @ladikmk
    @ladikmk Місяць тому +4

    If Cavuto is interviewing someone, you might as well just turn him off because he will spend the entire interview cutting off his guest(s). Hate his style.

  • @RMWalt-zs2ts
    @RMWalt-zs2ts Місяць тому +2

    It's sad that so much time is being wasted on Biden, an ex-president

  • @bloodymctandy9138
    @bloodymctandy9138 Місяць тому +16

    Worst idea ever!!

    • @l.k.7940
      @l.k.7940 Місяць тому

      Not really.
      This News Report Misses The Important Pieces :
      1. The rent control would only apply to landlords with 50+ properties and they still can increase rent by up to 5% per year.
      2. There are exceptions for new and highly renovated properties, most or all of them would be exempted!

  • @wehocommunitywatch
    @wehocommunitywatch Місяць тому

    Watched the entire video. Dr Goobie, you are a really good person, you have a beautiful soul, brother.

  • @denaunderwood6795
    @denaunderwood6795 Місяць тому +2

    She is a Tiff Tiff!! Omg!! Watch these people think she's wanting her reparations!!! NOW!!!!

  • @144Donn
    @144Donn Місяць тому +3

    I am no Biden supporter but this guy just spoke from both sides of his mouth! Rents have gone up and yet he thinks that new buildings will bring down rent? NO THEY DO NOT! Competition seems these days to not work! Rents are not going down. Every building calls itself "luxury" and keeps a steep price tag on their lodgings. There is already massive widespread building going on everywhere and prices have not fallen! Rent control is VITAL! And BTW building owners are not losing money! Rents go up every year just in a more controlled way! This guy if full of s h i &

    • @jaelancaster5506
      @jaelancaster5506 Місяць тому

      Exactly. The Corporate Realtor Complex designs their business plan to target high end buyers. Community is not part of their financial plan .40% of rental and mortgage is owned by Black Rock and subsidiaries

  • @deantait8326
    @deantait8326 Місяць тому +2

    VOTE !

  • @cherylhorner3097
    @cherylhorner3097 Місяць тому +1

    OHIO doesn't have a raise rent law . Rent went up over $300 at the end of the contract. And it's had to move , very costly, full deposit, 1st month's rent, utilities turned on , moving cost, taxes depending where you live , Etc. I just moved across town cost over $2,000 . And that was a 1 way move

  • @JessieWalker-no8zq
    @JessieWalker-no8zq Місяць тому +1

    He can pay off our student loans he can lower our rents but we still ain’t voting for him FJB

  • @antonovromanov7412
    @antonovromanov7412 Місяць тому +1

    I'm a renter and I don't agree with this. However, I also don't agree with tripling your profit off rentals. People who have rentals should be owning a house if they're paying more than a mortgage, but that's not how our system is set up. However, I also don't want people to get house loans like everyone did under the clintons. That's what led to the housing bubble in the first place I mean the incentive to pay your house is not to be homeless. I would think is a pretty big one

  • @jaelancaster5506
    @jaelancaster5506 Місяць тому

    All of the construction goes to high end rentals

  • @gregmorello4267
    @gregmorello4267 Місяць тому +1

    The inflation rate is coming down....but the inflation of prices ... is not.

  • @user-vu7hg1sq4y
    @user-vu7hg1sq4y Місяць тому +3

    President has to declare federal currency exchange manipulation to American cost of living expenses by TAX CUTS and global economic TAX CUTS

  • @peggythibodeaux1519
    @peggythibodeaux1519 Місяць тому +3

    Do rent control throughout this Country and you will have most people living on street because landlords will leave the market

    • @l.k.7940
      @l.k.7940 Місяць тому

      😆😆
      And where will the buildings and houses go?! or they will just leave them empty and earn nothing?!

  • @newtec-kd6vy
    @newtec-kd6vy Місяць тому +1

    It’s like Biden is trying to making a house harder and harder

  • @richardjordan4788
    @richardjordan4788 Місяць тому

    You won't answer me, but how can a person rent an apartment for 1,500 to 2,000 a month when they only make 1,800 a month

  • @WalkerOne
    @WalkerOne Місяць тому

    If you have 8 million more people migrate to this country, they have to live somewhere.

  • @ninjagirl226
    @ninjagirl226 Місяць тому

    And what happens when the local government put massive taxes on the renters? Cause my town (full of democrats not that that really matters) decided to institute a special tax on renters. Would that count towards the cap?

  • @freddieweimann3602
    @freddieweimann3602 Місяць тому +1

    Stop interrupting....🙈

  • @mariosaucedo8611
    @mariosaucedo8611 Місяць тому +1

    How they ly. I rent and rent reflex on rasing rates; insurance, fees, entitlements and taxes. The one thing they don't talk about

  • @syzygycalalignment
    @syzygycalalignment Місяць тому

    With so many people renting now (myself included), I think that residential rents should be capped based on the square footage that the tenant is living in. Then there would be only 2 ways for that tenant's rent to be increased: 1. The square footage of the space the tenant is living in is increased. This is not likely to happen by adding space to what the tenant is already paying for, such as adding an extra room. However, the tenant would pay more if he moves out of his "unit" and into a bigger unit. 2. The tenant's rent could possibly be increased (i.e., renegotiated) if he ever becomes late on a rent payment. So, for example, let's start 2024 rents out at a rate of $1 per square foot. If the same tenant is still renting the same unit in 2030, and he has never been late on a rent payment, his rent for that unit in 2030 remains $1 per square foot. That rate is lower than almost all current rates, so the savings to the renter would be immediate. Renters would therefore have more money to spend on other things besides rent, and that would be GREAT for the economy!

  • @maureenmcginty249
    @maureenmcginty249 Місяць тому

    Great! Can he offer mortgage control? He has no idea what he's doing

  • @SS13934
    @SS13934 Місяць тому +14

    Yup! It's Brandon's woke Marxism!! 😳

  • @billferris5292
    @billferris5292 Місяць тому +1

    More vote buying.

  • @Castle743
    @Castle743 Місяць тому

    How much are you paying for rent..
    Too little
    Too late

  • @llk3763
    @llk3763 Місяць тому

    Neil Cavuto please stop talking over and interrupting the guest - I want to hear all the guest has to say, not what you want to say.

  • @tgs259
    @tgs259 Місяць тому

    Neil must get his economic information from AOC who has a degree in economics.

  • @veetors
    @veetors Місяць тому +1

    Did this guest play the school principal on East Bound and Down?

  • @tgs259
    @tgs259 Місяць тому

    Neil must have graduated from the same university and with the same degree as AOC. Maybe AOC will ask Neil to endorse her. His comments on this show were embarrassing for him.

  • @LaneCodeRedCarnivore
    @LaneCodeRedCarnivore Місяць тому +1

    Virtue signaling at its finest..

  • @chrismcpherson1586
    @chrismcpherson1586 Місяць тому

    Guess what I'm a Landlord and I have made a fortune off of renting. Not only that .With my help my son owns 13 condo and rents them. My daughter owns 12 houses and rents them. With my help both my son and daughter are financially sound.

  • @raysboatingandadventure1277
    @raysboatingandadventure1277 Місяць тому

    Why Neil, wrong side of good. Push negative. This economy is not good.

  • @kitcat4512
    @kitcat4512 Місяць тому

    That invisible audience again and applause from a can?

  • @user-mn2xk8ze1f
    @user-mn2xk8ze1f Місяць тому +3

    Neil , shut up .

  • @thedogtutor4998
    @thedogtutor4998 Місяць тому

    Ignorantly interrupting his guest 😮

  • @randyhunnicutt4922
    @randyhunnicutt4922 Місяць тому

    Joe Biden will never tell me how much to charge for rent

  • @user-du7sy5sd7j
    @user-du7sy5sd7j Місяць тому

    You have to Rents are artificially 3 times to high. 6000 monthly rent in Colorado building nyc

  • @lindadiaz3268
    @lindadiaz3268 Місяць тому

    Too little too late

  • @rachelloucks4053
    @rachelloucks4053 Місяць тому

    And he said Trump would be a DICTATOR.....

  • @gregspeth7910
    @gregspeth7910 Місяць тому

    Gold and silver coin

  • @daviddrake6875
    @daviddrake6875 Місяць тому +1

    Cavuto needs to be less biased against Republicans.

  • @bondjovi4595
    @bondjovi4595 Місяць тому +1

    This is a really great idea!

  • @robscott3870
    @robscott3870 Місяць тому +1

    Inflation has not left.
    Fox gets real pathetic period.

  • @Zay-yah
    @Zay-yah Місяць тому +1

    If rent control is going to work it would have to be something like a cap at the amount of no more than half of what a tenant makes.

  • @keithschneider6348
    @keithschneider6348 Місяць тому

    Communism is all.

  • @idiocracyorthedevil
    @idiocracyorthedevil Місяць тому

    Neil should go back to business news. His political views are not aligned with reality.

  • @nationaladjusterservices7887
    @nationaladjusterservices7887 Місяць тому

    Obiden sucks

  • @irmaanaya968
    @irmaanaya968 Місяць тому +1

    That Neil guy is very rude let your guest talk show some manners for reals!!!!

  • @David-mt1xg
    @David-mt1xg Місяць тому

    this host sucks, keeps talking over the guest -

  • @mariadorosario8293
    @mariadorosario8293 Місяць тому

    🙏💙💙😇👍

  • @l.k.7940
    @l.k.7940 Місяць тому

    😆😆
    This Kevin guy says JD Vance is "charismatic"! Yeah, as charismatic as a bafoon!
    Bcoz mr. Trump picked him for v.p. expect a blue wave in November! Almost guaranteed!

    • @nationaladjusterservices7887
      @nationaladjusterservices7887 Місяць тому

      FJB

    • @l.k.7940
      @l.k.7940 Місяць тому

      @@nationaladjusterservices7887 Hey crap head, you and the others need to quit with the crazy curse words and the abbreviations of them, otherwise expect the other side to say similar things for your candidate.
      Supposedly your side was the polite one or that didn't curse out opponents in such ways. Shame on yous! and for embracing freaks as Amber Rose has turned out!
      No decency from either party anymore, folks need another 1 or 2 better main parties.

    • @l.k.7940
      @l.k.7940 Місяць тому

      ​@@nationaladjusterservices7887 So your side lost decency too and is okay with having frea.ks around as Amber Rose. Shame on you and your side and the others that act similarly.

  • @user-uj7cn4rp3d
    @user-uj7cn4rp3d Місяць тому +1

    calif passed laws on this