I saw this and worse in California. I was in a place where the landlord set up a fake tenant advocacy organization and would come out and speak to the residents every 3 months. No one knew that he was the actual owner of the building. He used the information gathered at these meetings to remove tenants that might take their complaints to the city. It was the craziest thing I've ever seen. I discovered who the actual owner was when Code Enforcement came to my apartment to deal with heat given off by an unlicensed business beneath my apartment.
@@dr9299 Every breath you take And every move you make Every bond you break Every step you take I'll be watching you Every single day And every word you say Every game you play Every night you stay I'll be watching you The THOUGHT police LOL
One of the tenants rights groups in my city are super protective. They don't even let police join their meetings. Tenants unions need to become a thing, though. That landlord posing as one, will get his. But one of the reasons we even have the protections we do in this age, is because of the unions during the 60's and 70's. Just make sure they're legit, lol. Real estate is so beyond extremely expensive in San Francisco, that's so slimy what that man did...
Fr tho. I’m New York born but Florida raised and I would choose Florida over New York every single time. Florida isn’t perfect but to me the good outweighs the bad 😂☀️🌊🏝️
@@lovesallanimals9948 yeah but people who live in red cities and states like ran by politicians like DeSantis are not dealing with crime and migrants and illegal Apartments so now how do you feel about DeSantis🤣🤣 I think a whole lot of people keep putting down red states. I just jealous because they voted for the mess they have to live in with Democrats.
That’s enough for a really nice house outside of the city in NJ or otherwise. NYC is about living in a nicely decorated shoebox. It is still cool though if you have the money to burn.
Manhattanites that rent this type of place typically make more than a quarter of a million annually. You'd have to in order to qualify if renting it alone. Media execs, i-bankers, lawyers, etc. easily earn that amount if working at a NYC agency or firm.
6k a month to live in a basement/ground level that’s very likely to get flooded when the next hurricane or even a simply heavy thunderstorm rolls around. What a great deal…
When I first left NY it was so hard after a lifetime but watching Cash I realize it had to be- thank you for showing us all the issues overwhelming NYC right now in your honest way- it’s a real service!! CJ News✌🏼
@@cherylspencer3662dollars are worth less by a fuckton. Wanna know why. In 2020 they printed about 21 trillion into the economy. In 2019 it was about 100 billion printed and the rate was a steady increase until 2020 when it spiked. Now the doller is worth 20 cents
Many new renovated apts in Brooklyn have no insulation, you can feel the cold air coming through the windows and walls… then rats get in the floors and walls and fight all night , when they die they get trapped in the walls and causes a horrible smell.
People live in those illegal apartments because they can't afford the rent in legal ones in NYC. If they complain to the city about violations, they may have to move out and have no place to go. Landlords know that, so they do only minimal repairs, if any. As long as rents in legal units are beyond what workers can pay, these illegal ones will proliferate.
@@LluviadeOrugasFor one to leave, they need money to leave. If they’re struggling to pay rent, it’s difficult to put aside to money. Another thing, is for native New Yorkers, a lot of their social support and family could also be in New York City. This could mean that people with young kids might rely on family to watch their kids some of the time because they have work a lot hours to due to cost of living and baby sitters are expensive. Another thing, is a lot native New Yorkers can’t drive. It’s not necessary here but the majority of the country people have to drive. If they move, they would have to learn how to drive and have the funds to buy a car. It’s not impossible to move but it’s not as easy as “just move”. It requires a lot of planning and money to move.
I live in a 114 year old apartment building in New York and my property owner is here everyday. He’s a good guy and not your typical landlord, just like Cash is a great guy who knows how to keep us informed!
Lived in NYC until last year when the rent and absolute chaos the city was devolving into convinced me to move to Asia. What this video is missing and should be shown are the shelters, many people actually prefer the illegal apartments to the point where entire buildings in the Bronx/Brooklyn that were illegal had their tenants convince one another to stay quiet and take the risk. For a balanced perspective I’d really try to go to these shelters or talk to some regular people, having someone say 5700 market value with a straight face is not that person.
When my family moved from Italy to the US we lived in a shitty apartment in the city. It was old and run down and we were crowded in there and there were critters lol but it was affordable for my family. I can’t see how any of these apartments are affordable to anyone, I just can’t understand how any average person or family affords living in this city 🤷🏻♂️ anyway thanks for another interesting video Cash. Merry Christmas to you all and a Happy New Year. 🎉🍻
Add in the costs of upkeep and maintainents on that house and lawn, equipment to do such, car costs, insurance, property taxes, etc. and your "deal" ain't so good anymore
@@theoriginalbridgetconnors the real question is how much is your 2400 going to the principle costs of your home and not interests and how much are you spending on tax, insurance , up keep etc. thats the real costs of the home & not to mention opportunity costs of you doing something with that extra money your spending. Man schools really teach us how to get fleeced by the banks & other institutions
Biden opened the FLOOD Gates at the Border. As usual - Democrat Policies have RUINED the Economy. 😒 I'd rather have Trump's MEAN (but accurate) TWEETS over Disastrous Bidenomics ANY DAY !!! 😊
Illegal apartments are very common in Jersey as well. Illegal basement apartments. Single family houses being used as boarding houses. Buildings that were two units illegally chopped up into four units. The towns usually know but do nothing as long as the landlord is current on the property taxes. The tenants usually say nothing because the landlord threatens them with immediate eviction if they talk to anyone.
Lived in an illegally split 2 family in Kensington, Brooklyn for several years. The owners were a nice Chinese couple who lived in the basement. It was split into a four family. And it was their investment property to be developed when paid off. A unique situation and not the nicest place but 1500 a month for 1000sq across the street from the G,F and Foodtown, it was pretty hard to beat. Circa 2014-2017
Vanesa makes a good point. A lot of people sneer about the cost of living in cities but are willing to shell out $600 a month for vehicles when they live outside of a city. I'm sure lots of people could pay next to nothing for homes in the middle of nowhere. They cost less because the high paying jobs aren't usually near home -- they are in the cities. Some people enjoy city living too. As I said in another comment, people should be happy there's city folk to help support taxes that pay for infrastructure out in the middle of nowhere and happy that the 8 million + people in NYC alone don't want dozens of acres per person because we'd run out of nature eventually if everyone was spread out. And of course a house in the middle of nowhere will be cheaper when the jobs pay much lower. In NYC, wages are double or triple than everywhere, so yeah, rent will be double or triple from other places. NYC wouldn't even be in such a bad spot if they stopped Airbnb and giving tax credits to owners with empty buildings.
I live in a small city surrounded by farms. My grandparents lived here in the 50’s. Being in a smaller city it can be a bit of a challenge to find an affordable apartment. Rents are 0:08 all over the place starting around $900. Apartments in NY spendy compared to what we pay. Different cities and states have varying rents. More and more pellets are losing their places because the bills just keep going up. It used to cost between $600- $700 less. I still have a nice garden patch in the back.! My apt is small by the NY standards. But for me it works well
Lmao. This is not a new phenomenon. I lived in an illegal apartment in 2000 in Jamaica, Queens. Rents have always been unaffordable in NYC. The price has gotten worse but it has always been an issue and these illegal apartments were the only option for many.
I'm moving to New York for work next month and a friend of mine recommended your channel to understand the local problems and politics. Love the storytelling and great informative content!
It is not the responsibility of renters to know that apartments are illegal. Owners are responsible. With so much empty space, there is no excuse for prices like this
If you can afford to live in one of the most expensive places on earth and you’re not filthy rich, know that you’re most likely living in an illegal apartment
The renters have to know that the apartments going to be illegal when they’re paying $1000 a month. If the deal is too good to be true, then it’s gonna be an illegal apartment. You can’t blame everything on the landlord. They both share in the fault sometimes
Seriously, if they do get thrown out then they should get back every single dollar they paid in rent and be GIVEN another apartment to live in. Not just thrown onto the streets like animals.
Being someone from central/lower Michigan, the fact that 3k a month for rent is considered a steal, continues to blow me away... While I know I pay less than the average in my area for rent at $450/month for a 2/bedroom apartment... anything approaching 1k in my area is considered absurd. Especially with the average income in my area being ~35k.
I am a native NY-er. Born 1948 in Jackson Heights Queens, grew up there, went to Bryant HS. Moved to Manhattan, where I lived in the 1970s - 2019 in a rent stabilized place, a small studio with fireplace. The rent was $230 (!!!) in Dec. 1975...and when bought (with me, by then a senior in residence) by two Russian guys, the rent steadily went up and was $900 a month by the time we had left NY (July 2019) for the French Quarter. Hubby was a New Orleanian for years.... and HE lived (before Katrina 2005) on Jackson Square in the Pontalba, an 1856 designated national landmark...Once we were gone from my address in NYC, the rent cap came off, and the Russian guys charged close to $3000 a month (I stayed in touch with friends nearby on the block). The owners did no improvements and a friend saw the place after we had left - same ceiling, same stove, kitchen cabinets coated with 40+ years of cooking grease, same linoleum.... crappy bathtub/commode and cabinets, no improvements whatever. Yet - someone glommed it pronto. The reason? Greed. And desperation. We now live in New Orleans, hubby's former building....in a glorious top floor 1132 sq foot workroom art space....and my windows overlook Andrew Jackson's statues, St. Louis Cathedral, brass jazz bands, train whistles along the Mississippi...You could take my entire NY cracker box apartment and drop it dead center of my Pontalba living room and still have room to swing your arms and walk around. Do I want to return to NYC? No way, Jose.......Y'all can have it....Please enjoy!
Saying everything is illegal with enough regulations, while technically true is a monumentally dumb thing to point out. It’s about as poignant as pointing out that the sun will eventually engulf the earth as though it means anything to us.
@@______IV being a legitimate landlord in New York is an idiots game. Want cheap rents? Complete deregulation and outlaw loans on investment properties.
@@jwg9338 : Deregulation is an idiots game. The fact that you went on to call for the banning of loans on investment properties (a good idea btw), which is a regulation, tells me you’re not against regulations, just bad ones. I agree. Bad regulations need to be done away with and good ones, the kind that get people into safe, clean, affordable housing, need to be enforced. That will only happen through better governing though, not a move towards libertarian "I got mine, so screw everyone else," and not through a move towards anarchy.
illegal apartments are not the problem. they are symptom of the larger housing issue. The reason they exist is because nyc doesnt build enough housing. if there was enough legal housing, no one would rent these slums
Yup, regions like LA and the Bay Area are going through similar problems. When you have a housing demand that far outstrips supply outcomes like what’s happening in NYC are all but inevitable. And New York is lucky they don’t have a shortage nowhere near as bad as California does right now, which is saying A LOT.
Cash, always look forward to your channel. Love the apartments and really like seeing different things going on in NY makes me thankful to be in my own home in OK. Keep us informed.
Good Morning Cash, I like how you expose slum landlords in New York City. This should be a wake up call renters to do your homework before renting an apartment. When I go to look at a place, if it looks unkempt dirty wall cracked or bowed, the build is probably owned by a garbage landlord looking for tenants who are looking for a cheap place to stay.
The thing is that with price ceilings most landlords don’t want to rent their apartments for non equilibrium prices and furthermore with strict apartment regulation it isn’t worth the cost to rent good apartments and pay for maintenance costs
The newest ploy is residing in a shelter for X amount of time. They’ll find you a suitable apartment plus pay a portion of your rent 4 yrs. Guess it’s a good gig if you can get it. Stay encouraged all.
Of course someone who can’t afford housing would do this. I would. There are checks and balances in place-income verification, etc-so unqualified people can’t game the system.
Yes, my first place i had 4 other roomates. The place was originally 2 bed, 1 bath with a dining room nook. Land-lady jammed 5 girls into it and blocked it into bedrooms. No common areas, and most of the windows in the bedrooms opened onto a dark shaft. The only room we could all fit in together was the kitchen
This is a problem across America and has been. Landlords always sound nice and never take care of the properties!!! Heat hot water, and any maintenance is always an issue. Heat is kept below where we agreed, too, before I moved in. I have medical issues and low temperatures are extremely bad for me! People in real-estate rent apartments and find roommates fill the bedrooms. Some apartments get overfilled. This keeps rent price high. Real-estate agents make a percent of the sale price regardless of being the buyer or seller agent. No matter what happens, the person living in the apartment loses.
Absentee landlords, often known as slumlords, have been and are a big problem in NYC. There's no such thing as a free lunch. People who move into apartments featuring unbelievably low rents should do their homework before moving into the "cheap" apartment... When I lived in New York and worked with the NAACP, we were successfully suing absentee landlords who lived in Connecticut and New Jersey and refused to fix broken furnaces/boilers during the bone-freezing winter months while their tenants and tenant's children were literally freezing, being hospitalized, and in a few cases dying as a result of not having heat in the middle of Winter...
Why is it so easy to kick out someone who is paying to live in a home that is in violation, basically not even a day's notice, but a tennant who isn't paying rent takes about a year and endless court dates and legal fees? That seems backwards to me.
Cash- People that endanger others for profit are gross losers. The people that suffer the most trusted a landlord without ethics. I live in the Midwest. I lived in LA where landlords got away with way too much. I’ll remain in the Midwest where laws promote safer living standards. We have many buildings over 100 years old. They have super strict rules for all of these buildings. Whether apartments or private residences they will shut you down way before it gets as bad as NYC. Once again you did a great job with difficult content. Always nice to see you interact with Alex. Keep going!☮️👏👏👏👏
Rent shouldn’t be allowed to go over 2grand wonder why ppl can’t afford homes of their own meanwhile homeowners pay less then actual renters which doesn’t make sense to me
My mortgage is $2250 in the expensive state of NJ 😂😂😂😂😂 I could be paying the amount of money for a bedroom in NYC if I didn't pack up a leave 20 years ago.
People in New York City pay more for rent than I pay for mortgage for a three-bedroom house,. Why anyone would want to live in New York City you just amazes me why
I lived in a place that sucked once. My landlord procrastinated a few times in getting fuel into the building and i spent one blizzard with no heat or hot water. In my last two apartments in the Pacific Northwest, the heat is electric powered and I have full control of it, but keeping warm in the winter raises up the electric bill really high and tenants are fully responsible for making sure their units stay at least 65 degrees (f) anytime the outside temperature is under 35 degrees and do things with the sinks to keep the pipes from freezing. i do miss the low maintenance/low cost of getting heat in NYC, but don't miss being at the mercy of landlords to get said heat. There's no winning with apartments.
It's $6700 for a 3 bedroom which means it's roughly $2100/person. Still a lot, but if you share it that makes it better. But good luck finding two other trustworthy people to live with. When I lived in NYC a decade ago, I had a 2 bedroom apt in Hell's Kitchen for $2166, which would be a bargain now. I often shared my room with a friend so that we could have three people and make it cheaper. It wasn't easy but we made it work. Now I live in Pittsburgh where I pay $570/month for my own room in a two bedroom place. I have a backyard, a front and back porch and I can sit on a toilet that doesn't force me to sit sideways😂. Yep! My toilet was so close to the wall that I had to sit sideways on it! That said, I miss NYC a lot! But I lived there through the good times. Glad I had the experience but not sure I could do it again.
6700 is 9k Canadian where I’m from in expensive Toronto. But really ? 3 bedrooms divide by 3 is Pretty much 3k each for just a bedroom really in ny? Why people live there when soo many states offers wayyyyy more for for way lesssss and way less tax and better weather. Makes no sense
Loving my cottage on a creek near a major river that is paid for. Wood heat with enough wood for the next four years. Watching a muscrat, geese, a great blue heron and ducks out our bedroom window. No crime and friendly neighbors and townspeople. Oh - and its a very conservative town. Losers need not apply.
$6700/month is freaking crazy for a BASEMENT apartment. Move out to the burbs and commute. $80,400/year to RENT something? Move to Long Island and get a $600-800k 3br/2ba house. Average mortgage on a 30-yr will run you $4-5k...and then you own the shit. Renting in NY is just burning money just so you can say "I live in the city". F all that.
So where are all the people that have the service worker jobs, the cops, firefighters, etc. live and how much are there rents. Seems in NYC there are more have nots than haves.
$6500 a month for a three bedroom?! This is literally insane! It shouldn’t be that expensive. That basement apartment is $2000 at best. Who the hell can afford that place?!
"but what about all the things in the city that I won't have access to?" You mean all the things you can't afford anyway. . . those things? Go live well outside the city, save literally thousands every month, and just take a few hour drive over the weekend to actually go do those things you can now afford.
Well, if you want to live in NYC, then you try to make it. Personally, I love this city! But I would not pay "whatever" rent. Some people like big cities, other the country side.
@@susannebrunberg4174 everyone I know who lives in a big city is barely out of poverty and constantly complains about the cost of living there. Yet they never want to leave, I think it's like Stockholm Syndrome of some kind.
Basement apartments are very risky due to flooding. Recent years storms have been really flood heavy. I know a basement renter that had lived there for years but got flooded out a couple of years ago.
The problem with basement apartments is that they often only have one way out which is often unusable in a flood or fire situation. Some of them look very good but they can be extremely dangerous. There is a good reason why most of them are illegal. The other problem is that they are easily broken into.
Would be really nice if ny could figure out their housing problems because the rest of us can hope they stay where they are. Don't need the insanity in the rest of the nation.
I saw this and worse in California. I was in a place where the landlord set up a fake tenant advocacy organization and would come out and speak to the residents every 3 months. No one knew that he was the actual owner of the building. He used the information gathered at these meetings to remove tenants that might take their complaints to the city. It was the craziest thing I've ever seen.
I discovered who the actual owner was when Code Enforcement came to my apartment to deal with heat given off by an unlicensed business beneath my apartment.
He was fuckin SMART. I am impressed
every move you make, every comment you make, every "politician" you elect...they are watching you.
@@dr9299 Every breath you take
And every move you make
Every bond you break
Every step you take
I'll be watching you
Every single day
And every word you say
Every game you play
Every night you stay
I'll be watching you
The THOUGHT police LOL
One of the tenants rights groups in my city are super protective. They don't even let police join their meetings. Tenants unions need to become a thing, though. That landlord posing as one, will get his. But one of the reasons we even have the protections we do in this age, is because of the unions during the 60's and 70's. Just make sure they're legit, lol. Real estate is so beyond extremely expensive in San Francisco, that's so slimy what that man did...
Wow just WOW that’s a shitty thing to do to people
I live in Florida but still watch his videos everyday with no thoughts of ever moving to NYC. That’s how good he is lol.
Fr tho. I’m New York born but Florida raised and I would choose Florida over New York every single time. Florida isn’t perfect but to me the good outweighs the bad 😂☀️🌊🏝️
I would never choose Florida arm pitt of the United States for many reasons The first reason is desaintis
@@lovesallanimals9948 yeah but people who live in red cities and states like ran by politicians like DeSantis are not dealing with crime and migrants and illegal Apartments so now how do you feel about DeSantis🤣🤣 I think a whole lot of people keep putting down red states. I just jealous because they voted for the mess they have to live in with Democrats.
I live in the suburbs of NYC and watch Cash's videos to stay up on what's going on in the city. He gives you the facts and I like that.
@@lovesallanimals9948 cool you’re entitled to your own opinions
$6,700 a month/$80,400 a year - It amazes me that people actually pay that kind of money to rent a property 🤑
That’s enough for a really nice house outside of the city in NJ or otherwise. NYC is about living in a nicely decorated shoebox. It is still cool though if you have the money to burn.
Yeah, but those prices are for apartments that are in Manhattan (midtown and downtown).
Manhattanites that rent this type of place typically make more than a quarter of a million annually. You'd have to in order to qualify if renting it alone. Media execs, i-bankers, lawyers, etc. easily earn that amount if working at a NYC agency or firm.
to live in a shithole no less
They do. Wouldn't you like to be a landlord ? ))
Nyc is a slumlord, I heard !
6k a month to live in a basement/ground level that’s very likely to get flooded when the next hurricane or even a simply heavy thunderstorm rolls around. What a great deal…
Yes. People have actually died when extreme flooding trapped them in! What a HORRIFIC way to go! 😢
You gotta love it when they say well it’s market fair value 🤷♂️ ya? For who?’
When I first left NY it was so hard after a lifetime but watching Cash I realize it had to be- thank you for showing us all the issues overwhelming NYC right now in your honest way- it’s a real service!! CJ News✌🏼
imagine calling 2 grand a month for rent a deal.
Well it is. Property taxes for owners, prop insurance is costly.
The play is to get a remote job, get paid in US dollars, and move to cheap areas overseas.
We live in an over crowded world and they have let more of the Third World in. Criminal.
@@cherylspencer3662dollars are worth less by a fuckton. Wanna know why. In 2020 they printed about 21 trillion into the economy. In 2019 it was about 100 billion printed and the rate was a steady increase until 2020 when it spiked. Now the doller is worth 20 cents
These people are delusional and a plague on the rest of the state.
Cash is hustling for sure - I'm getting spoiled on these daily videos! This is better than NYC news.
I like this channel... because it solidifies that I never want to go to NY or even remotely think of living there lol.
Many new renovated apts in Brooklyn have no insulation, you can feel the cold air coming through the windows and walls… then rats get in the floors and walls and fight all night , when they die they get trapped in the walls and causes a horrible smell.
Get a cat
People live in those illegal apartments because they can't afford the rent in legal ones in NYC. If they complain to the city about violations, they may have to move out and have no place to go. Landlords know that, so they do only minimal repairs, if any. As long as rents in legal units are beyond what workers can pay, these illegal ones will proliferate.
No one has to live in NYC, and if you choose to live in one of the most expensive places on earth, be prepared to pay.
most of the jobs are in the city and you need experience from a job to get a job @@LluviadeOrugas
@@LluviadeOrugas Speak for yourself, there are people who've lived in NYC for generations. It's hard to leave all your friends and family...
@@LluviadeOrugasFor one to leave, they need money to leave. If they’re struggling to pay rent, it’s difficult to put aside to money.
Another thing, is for native New Yorkers, a lot of their social support and family could also be in New York City. This could mean that people with young kids might rely on family to watch their kids some of the time because they have work a lot hours to due to cost of living and baby sitters are expensive.
Another thing, is a lot native New Yorkers can’t drive. It’s not necessary here but the majority of the country people have to drive. If they move, they would have to learn how to drive and have the funds to buy a car.
It’s not impossible to move but it’s not as easy as “just move”. It requires a lot of planning and money to move.
@@jasonquigley2633 , I think you don’t understand the difference between have to and want to.
I live in a 114 year old apartment building in New York and my property owner is here everyday. He’s a good guy and not your typical landlord, just like Cash is a great guy who knows how to keep us informed!
Yea, because your property owner is making major bank off of you and the others. Some don't seem to care.
@@Terrathrax oh, so you know him personally?
My mother was born on the Lower East Side of NYC 107 yrs ago.
I'm sorry you have to throw away your money on renting and not even owning somehting while living in an ugly loud city
@@stelladavis7832 No Stella. You’re just sorry 😞. Period.
I love the phrase, "We are TRYING to fix it." Dreams are goals without deadlines.
Some people follow their dreams though. Some don’t.
Lived in NYC until last year when the rent and absolute chaos the city was devolving into convinced me to move to Asia. What this video is missing and should be shown are the shelters, many people actually prefer the illegal apartments to the point where entire buildings in the Bronx/Brooklyn that were illegal had their tenants convince one another to stay quiet and take the risk. For a balanced perspective I’d really try to go to these shelters or talk to some regular people, having someone say 5700 market value with a straight face is not that person.
Where in Asia?
When my family moved from Italy to the US we lived in a shitty apartment in the city. It was old and run down and we were crowded in there and there were critters lol but it was affordable for my family. I can’t see how any of these apartments are affordable to anyone, I just can’t understand how any average person or family affords living in this city 🤷🏻♂️ anyway thanks for another interesting video Cash. Merry Christmas to you all and a Happy New Year. 🎉🍻
$5000??? Where I live you can buy a 3,000 sqft 5 bed room home with a mortgage for $2400 a month. No way in hell I'd live in that city.
Yup, it's a shithole alright
Add in the costs of upkeep and maintainents on that house and lawn, equipment to do such, car costs, insurance, property taxes, etc. and your "deal" ain't so good anymore
@@theoriginalbridgetconnors the real question is how much is your 2400 going to the principle costs of your home and not interests and how much are you spending on tax, insurance , up keep etc. thats the real costs of the home & not to mention opportunity costs of you doing something with that extra money your spending. Man schools really teach us how to get fleeced by the banks & other institutions
@@theoriginalbridgetconnors But, you are building equity, which you don't with rent. Owning for the win.
@@theoriginalbridgetconnors at the end of the deal you get a house with renting you get nothing its like leasing a car
This is so unfortunate for all of those people not only losing their home but living in unsafe places. It’s not right.
Nothing makes sense anymore,, 😢
You try the streets, I'll take shelter wherever there's no rain/snow/cold winds.
This is happening in your city as well. It is happening literally everywhere as prices skyrocket.
Biden opened the FLOOD Gates at the Border.
As usual - Democrat Policies have RUINED the Economy. 😒
I'd rather have Trump's MEAN (but accurate) TWEETS over Disastrous Bidenomics ANY DAY !!! 😊
Illegal apartments are very common in Jersey as well. Illegal basement apartments. Single family houses being used as boarding houses. Buildings that were two units illegally chopped up into four units. The towns usually know but do nothing as long as the landlord is current on the property taxes. The tenants usually say nothing because the landlord threatens them with immediate eviction if they talk to anyone.
Lived in an illegally split 2 family in Kensington, Brooklyn for several years. The owners were a nice Chinese couple who lived in the basement. It was split into a four family. And it was their investment property to be developed when paid off. A unique situation and not the nicest place but 1500 a month for 1000sq across the street from the G,F and Foodtown, it was pretty hard to beat. Circa 2014-2017
@@SUPERPOWERCHINA_CHINA VERY COOL SPACESHIP #1 LUCKY
@@SUPERPOWERCHINA_ what the. hell?
@@SUPERPOWERCHINA_ I found a bot!! You dropped this 🤡
@@fodortibor95 I understood that reference even though I can't see who you're commenting on.
I know exactly where this is lol I wonder what the rent is now.
It still blows my mind that people will spend that much to rent, and I have a $600 mortgage.
Perks of living West Virginia
How much is your car payment and car expenses?
🙈🤣
Youngstown Ohio?
Vanesa makes a good point. A lot of people sneer about the cost of living in cities but are willing to shell out $600 a month for vehicles when they live outside of a city. I'm sure lots of people could pay next to nothing for homes in the middle of nowhere. They cost less because the high paying jobs aren't usually near home -- they are in the cities. Some people enjoy city living too. As I said in another comment, people should be happy there's city folk to help support taxes that pay for infrastructure out in the middle of nowhere and happy that the 8 million + people in NYC alone don't want dozens of acres per person because we'd run out of nature eventually if everyone was spread out. And of course a house in the middle of nowhere will be cheaper when the jobs pay much lower. In NYC, wages are double or triple than everywhere, so yeah, rent will be double or triple from other places.
NYC wouldn't even be in such a bad spot if they stopped Airbnb and giving tax credits to owners with empty buildings.
Watching these videos is like visiting another planet!
YES the planet SHITHOLE
I live in a small city surrounded by farms. My grandparents lived here in the 50’s. Being in a smaller city it can be a bit of a challenge to find an affordable apartment. Rents are
0:08 all over the place starting around $900. Apartments in NY spendy compared to what we pay. Different cities and states have varying rents. More and more pellets are losing their places because the bills just keep going up. It used to cost between $600- $700 less. I still have a nice garden patch in the back.! My apt is small by the NY standards. But for me it works well
Lmao. This is not a new phenomenon. I lived in an illegal apartment in 2000 in Jamaica, Queens. Rents have always been unaffordable in NYC. The price has gotten worse but it has always been an issue and these illegal apartments were the only option for many.
I grew up in one. It's been like this forever. Airbnb and transplants have made it 10X worse.
I'm moving to New York for work next month and a friend of mine recommended your channel to understand the local problems and politics. Love the storytelling and great informative content!
It is not the responsibility of renters to know that apartments are illegal. Owners are responsible. With so much empty space, there is no excuse for prices like this
If you can afford to live in one of the most expensive places on earth and you’re not filthy rich, know that you’re most likely living in an illegal apartment
The renters have to know that the apartments going to be illegal when they’re paying $1000 a month. If the deal is too good to be true, then it’s gonna be an illegal apartment. You can’t blame everything on the landlord. They both share in the fault sometimes
Seriously, if they do get thrown out then they should get back every single dollar they paid in rent and be GIVEN another apartment to live in. Not just thrown onto the streets like animals.
@@Arkiasis should definitely get their money back but will never happen
Empty space in NYC?
Always great to see you and Alex showing apartments and housing together!
Being someone from central/lower Michigan, the fact that 3k a month for rent is considered a steal, continues to blow me away... While I know I pay less than the average in my area for rent at $450/month for a 2/bedroom apartment... anything approaching 1k in my area is considered absurd. Especially with the average income in my area being ~35k.
I am a native NY-er. Born 1948 in Jackson Heights Queens, grew up there, went to Bryant HS. Moved to Manhattan, where I lived in the 1970s - 2019 in a rent stabilized place, a small studio with fireplace. The rent was $230 (!!!) in Dec. 1975...and when bought (with me, by then a senior in residence) by two Russian guys, the rent steadily went up and was $900 a month by the time we had left NY (July 2019) for the French Quarter. Hubby was a New Orleanian for years.... and HE lived (before Katrina 2005) on Jackson Square in the Pontalba, an 1856 designated national landmark...Once we were gone from my address in NYC, the rent cap came off, and the Russian guys charged close to $3000 a month (I stayed in touch with friends nearby on the block). The owners did no improvements and a friend saw the place after we had left - same ceiling, same stove, kitchen cabinets coated with 40+ years of cooking grease, same linoleum.... crappy bathtub/commode and cabinets, no improvements whatever. Yet - someone glommed it pronto. The reason? Greed. And desperation. We now live in New Orleans, hubby's former building....in a glorious top floor 1132 sq foot workroom art space....and my windows overlook Andrew Jackson's statues, St. Louis Cathedral, brass jazz bands, train whistles along the Mississippi...You could take my entire NY cracker box apartment and drop it dead center of my Pontalba living room and still have room to swing your arms and walk around. Do I want to return to NYC? No way, Jose.......Y'all can have it....Please enjoy!
Everything is illegal with enough regulation.
🤣@@SUPERPOWERCHINA_
Amen. With most of those apartments I would happily roll the dice lol.
The alternative is worse to me.
Saying everything is illegal with enough regulations, while technically true is a monumentally dumb thing to point out. It’s about as poignant as pointing out that the sun will eventually engulf the earth as though it means anything to us.
@@______IV being a legitimate landlord in New York is an idiots game. Want cheap rents? Complete deregulation and outlaw loans on investment properties.
@@jwg9338 : Deregulation is an idiots game. The fact that you went on to call for the banning of loans on investment properties (a good idea btw), which is a regulation, tells me you’re not against regulations, just bad ones. I agree. Bad regulations need to be done away with and good ones, the kind that get people into safe, clean, affordable housing, need to be enforced. That will only happen through better governing though, not a move towards libertarian "I got mine, so screw everyone else," and not through a move towards anarchy.
Love your Channel & all your Uploads.
Thankyou for ALL that You do.
Cheers
🍻
Dude you are dropping high quality videos every single day. I know you had to work your ass off to achieve this. Much respect 🫡
Dude needs to save up and get out of NYC 😂😂😂
I feel bad for those people that got thrown out. It's sad that people do that to other people. The landlords should have to forfeit the property
illegal apartments are not the problem. they are symptom of the larger housing issue. The reason they exist is because nyc doesnt build enough housing. if there was enough legal housing, no one would rent these slums
Yup, regions like LA and the Bay Area are going through similar problems. When you have a housing demand that far outstrips supply outcomes like what’s happening in NYC are all but inevitable. And New York is lucky they don’t have a shortage nowhere near as bad as California does right now, which is saying A LOT.
I'm glad this channel is growing !
Cash, always look forward to your channel. Love the apartments and really like seeing different things going on in NY makes me thankful to be in my own home in OK. Keep us informed.
Don’t buy a building if you don’t want to be there to take care of it!
When you buy one, you'll understand
@@wileecoyote5749still doesn’t change the fact of what the original post said
I want to thank you for your videos there so informative.
Good Morning Cash, I like how you expose slum landlords in New York City. This should be a wake up call renters to do your homework before renting an apartment. When I go to look at a place, if it looks unkempt dirty wall cracked or bowed, the build is probably owned by a garbage landlord looking for tenants who are looking for a cheap place to stay.
Dude your videos are great! Informative, interesting, entertaining, and well presented.
The “legal” apartment rentals in Manhattan are INSANE! That’s crazy that the owner of the illegal apartment shown here would actually list it.
The thing is that with price ceilings most landlords don’t want to rent their apartments for non equilibrium prices and furthermore with strict apartment regulation it isn’t worth the cost to rent good apartments and pay for maintenance costs
The newest ploy is residing in a shelter for X amount of time. They’ll find you a suitable apartment plus pay a portion of your rent 4 yrs. Guess it’s a good gig if you can get it. Stay encouraged all.
How is that a ploy?
It's not new
How is someone making 15/hr supposed to get housing?
@@jahjoeka Ask yourself?
Of course someone who can’t afford housing would do this. I would. There are checks and balances in place-income verification, etc-so unqualified people can’t game the system.
When the owner fixes the violations the prices will go way up.
There must be tons of illegal apartments in the outer boros.
Yes, my first place i had 4 other roomates. The place was originally 2 bed, 1 bath with a dining room nook.
Land-lady jammed 5 girls into it and blocked it into bedrooms. No common areas, and most of the windows in the bedrooms opened onto a dark shaft. The only room we could all fit in together was the kitchen
This is a problem across America and has been. Landlords always sound nice and never take care of the properties!!! Heat hot water, and any maintenance is always an issue.
Heat is kept below where we agreed, too, before I moved in. I have medical issues and low temperatures are extremely bad for me!
People in real-estate rent apartments and find roommates fill the bedrooms. Some apartments get overfilled. This keeps rent price high. Real-estate agents make a percent of the sale price regardless of being the buyer or seller agent.
No matter what happens, the person living in the apartment loses.
Great video reporting .. never boring
Good info. Thanks cash. Merry Christmas!
as a canadian i am surprised by something in each video,..keep the info coming, it won't help me, but it will definately help someone ,..
Vancouver and Toronto will be like this soon.
Can you investigate the electrical issues like tenants tapping into other tenants meters.
That's not a dryer vent! That's a lint screen. 😂😂😂
Another great video with insightful commentary!!!
Illegal migrants, Illegal apartments , why bother having laws anymore? NYC is in big trouble. Very sad.
Democrat heaven
Yup it will be the first state to either crash or rebel.
It is very quickly heading for total disaster.
Yeah, all the big, liberal cities are turning lawless. They're doing this on purpose.
Yes ,that's exactly right
Absentee landlords, often known as slumlords, have been and are a big problem in NYC.
There's no such thing as a free lunch. People who move into apartments featuring unbelievably low rents should do their homework before moving into the "cheap" apartment...
When I lived in New York and worked with the NAACP, we were successfully suing absentee landlords who lived in Connecticut and New Jersey and refused to fix broken furnaces/boilers during the bone-freezing winter months while their tenants and tenant's children were literally freezing, being hospitalized, and in a few cases dying as a result of not having heat in the middle of Winter...
How does this happen?! It is Mandatory for a home buyer in NYS to have an inspection! So how do landlords get away with this garbage?! 🤦♀️✌️❤️🦋🙏
Handing them slumlord money
Why is it so easy to kick out someone who is paying to live in a home that is in violation, basically not even a day's notice, but a tennant who isn't paying rent takes about a year and endless court dates and legal fees? That seems backwards to me.
Cash- People that endanger others for profit are gross losers. The people that suffer the most trusted a landlord without ethics. I live in the Midwest. I lived in LA where landlords got away with way too much. I’ll remain in the Midwest where laws promote safer living standards. We have many buildings over 100 years old. They have super strict rules for all of these buildings. Whether apartments or private residences they will shut you down way before it gets as bad as NYC.
Once again you did a great job with difficult content. Always nice to see you interact with Alex.
Keep going!☮️👏👏👏👏
Regulation and subsidizing half of New York's rental through section 8 rentals is what got them in this mess.
Funny thing is I get recommended these videos even though I live in Canada! 😅
The editing is top notch!
I live in California at the top of the mountains in Fawnskin Ca and would never live in New York. Love watching Cash.
You're creative cuts and entrances makes me think of Bill Nye the Science Guy show haha. Love it.
Just subbed YESTERDAY. New fav. channel?!?!
I still don't understand why people live in NYC. It sucks! I live on the beach, central Florida gulf coast. It's not a crowded rat hole.
But it will be underwater in a few years.
I'm sorry, as for NYC, I guess you meant that would be underwater in a few years.@@theoriginalbridgetconnors
THIS IS THE BEST CHANNEL🤯🤯🔥🔥🔥🔥🔥🔥
Rent shouldn’t be allowed to go over 2grand wonder why ppl can’t afford homes of their own meanwhile homeowners pay less then actual renters which doesn’t make sense to me
My mortgage is $2250 in the expensive state of NJ 😂😂😂😂😂
I could be paying the amount of money for a bedroom in NYC if I didn't pack up a leave 20 years ago.
People in New York City pay more for rent than I pay for mortgage for a three-bedroom house,. Why anyone would want to live in New York City you just amazes me why
cant believe what happens there😲
This is really interesting. Thank you.
It’s a breath of fresh air when cash wears a different beanie
Yeah beanies are his hallmark.
I'm in long Island but I still love watching your videos! Thankyou and please keep it up!!
That spacious 'ugly' apartment looks interesting. I could turn that into something nice. Plenty of room for bookshelves for once! Pity it's illegal.
Yeah, those actually looked pretty cool
It's illegal because no one can make money from it. If it's empty and/or run down, move in, OCCUPY!
Thats because people in US are spoiled and dont know what real “poor” means
I lived in a place that sucked once. My landlord procrastinated a few times in getting fuel into the building and i spent one blizzard with no heat or hot water. In my last two apartments in the Pacific Northwest, the heat is electric powered and I have full control of it, but keeping warm in the winter raises up the electric bill really high and tenants are fully responsible for making sure their units stay at least 65 degrees (f) anytime the outside temperature is under 35 degrees and do things with the sinks to keep the pipes from freezing. i do miss the low maintenance/low cost of getting heat in NYC, but don't miss being at the mercy of landlords to get said heat. There's no winning with apartments.
Same here in my country due to massive, and state enforced, illegal immigration from Caribbeans (Venezuela, Haiti, Colombia).
(Edit: I live in Chile)
What county is that?
@@theoriginalbridgetconnors Oh.... it's Chile.
If the immigration is state enforced, how is it illegal?
@@theoriginalbridgetconnors Because they bypass the immgration law, it's almost like they have the borders legs spread as my mom.
I live in Dumbo Brooklyn ny in I loved seeing my neighborhood thanks man
6700 for an apartment is insane.
Crazy. You need to make at least 200k/ year to rent that one 🤦♀️
It's $6700 for a 3 bedroom which means it's roughly $2100/person. Still a lot, but if you share it that makes it better. But good luck finding two other trustworthy people to live with. When I lived in NYC a decade ago, I had a 2 bedroom apt in Hell's Kitchen for $2166, which would be a bargain now. I often shared my room with a friend so that we could have three people and make it cheaper. It wasn't easy but we made it work. Now I live in Pittsburgh where I pay $570/month for my own room in a two bedroom place. I have a backyard, a front and back porch and I can sit on a toilet that doesn't force me to sit sideways😂. Yep! My toilet was so close to the wall that I had to sit sideways on it! That said, I miss NYC a lot! But I lived there through the good times. Glad I had the experience but not sure I could do it again.
6700 is 9k Canadian where I’m from in expensive Toronto. But really ? 3 bedrooms divide by 3 is Pretty much 3k each for just a bedroom really in ny? Why people live there when soo many states offers wayyyyy more for for way lesssss and way less tax and better weather. Makes no sense
Loving my cottage on a creek near a major river that is paid for. Wood heat with enough wood for the next four years. Watching a muscrat, geese, a great blue heron and ducks out our bedroom window. No crime and friendly neighbors and townspeople. Oh - and its a very conservative town. Losers need not apply.
Cash..you are very entertaining ...you add so much to my fantasy of living in New York...
What happens to people’s belongings when the fire department vacates their apartment?
Ask department ))
The bit about the boiler heaters is actually incorrect for most old manhattan buildings, many are connected to a single city-wide steam system.
I have a feeling the city officials allow it and then come up with a cover story that would deny it!
@6:58 "Ahh!!! My🤬 Back! Keep rolling!" Lol😂
$6700/month is freaking crazy for a BASEMENT apartment. Move out to the burbs and commute. $80,400/year to RENT something? Move to Long Island and get a $600-800k 3br/2ba house. Average mortgage on a 30-yr will run you $4-5k...and then you own the shit. Renting in NY is just burning money just so you can say "I live in the city". F all that.
From the looks of most of these building it is a blessing they don't have a Mrs. O'Leary cow incident.
When I was coming up, this was known as Tuesday in Bed-Stuy
Right this is what coined the term “slum lord”. Absent landlords living luxurious elsewhere while PAYING tenants reside in slum conditions.
My sister lived here! I got engaged in this apartment and it was an incredible experience!
would that apartment be subject to flooding? thanks for the video...as always, great.
The subway would flood first.
Only when it rains.
And next time New York floods you'll have one large indoor swimming pool!
Ina city with 100 yr old bldg keeping these buildings up to 2023 codes seems to be expensive/impossible
So where are all the people that have the service worker jobs, the cops, firefighters, etc. live and how much are there rents. Seems in NYC there are more have nots than haves.
$6500 a month for a three bedroom?! This is literally insane! It shouldn’t be that expensive. That basement apartment is $2000 at best. Who the hell can afford that place?!
I’m starting to think ppl are printing fake money cuz I don’t see how they are doing it.
Love seeing Alex in your vids 😆
Imagine paying 6k for an apartment when you could've been purchasing your own property
"but what about all the things in the city that I won't have access to?" You mean all the things you can't afford anyway. . . those things? Go live well outside the city, save literally thousands every month, and just take a few hour drive over the weekend to actually go do those things you can now afford.
Property is pretty meaningless in a country with Eminent domain. Your land is just gonna be another highway someday.
@@honkler5974so they are gonna put a highway in the middle of the city? Smh
Well, if you want to live in NYC, then you try to make it. Personally, I love this city! But I would not pay "whatever" rent.
Some people like big cities, other the country side.
@@susannebrunberg4174 everyone I know who lives in a big city is barely out of poverty and constantly complains about the cost of living there. Yet they never want to leave, I think it's like Stockholm Syndrome of some kind.
The dystopian fantasy movie "Escape from New York" is becoming dystopian fact.
New york city is the most expensive place to live on earth
Incorrect: it's Hong Kong.
Not even close, Hong Kong is!
Don't confuse him with the facts!
Basement apartments are very risky due to flooding. Recent years storms have been really flood heavy. I know a basement renter that had lived there for years but got flooded out a couple of years ago.
The problem with basement apartments is that they often only have one way out which is often unusable in a flood or fire situation. Some of them look very good but they can be extremely dangerous. There is a good reason why most of them are illegal. The other problem is that they are easily broken into.
People have drowned in nyc in basement apts. happened in superstorm sandy
yeah I wonder why THIS APT in the vid is somehow safe from flooding?
Goodmorning from Wisconsin
6700 month is a big house upstate. literally 30minutes from manhattan on the metro north.
Would be really nice if ny could figure out their housing problems because the rest of us can hope they stay where they are. Don't need the insanity in the rest of the nation.
FYI, that radiator is steam heat that runs thru most of manhattan. That’s why it’s making that hissing noise. No oil required in the basement
This is what New Yorkers voted for. More power to them. Great job Mayor.
What? That makes no sense. Every place has building codes lol
@@SUPERPOWERCHINA_wow an even dumber "comment"
Texas on its way. I have a friend whos principal mortgage is $300 month but taxes and insurance is $900 a month!