Property taxes and insurance went up. It aint price gouging. They have to raise the price to stay profitable….if there is no profit, there is no reason to offer housing
"This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family."
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 and stocks.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
@@rougeur I've always delegated my investment decisions to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
*Mr Gary Mason Brooks* a highly respected figure in his field. I suggest delving deeper into his credentials, as he possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@@bking12762 At the end of the day it will come down to...working full time and living in a car. Groups of ppl in one household... all this effects the electric company, banks etc...grocery stores..
Nashville had had one of of biggest influxes of people of any city in the US over the last 10 years. Let me know when the population gets back down to 2014 levels.
🎯 exactly. America is constantly showing how stupid it is.... Empty property but people still need housing because the property owners can't afford to be landlords
@TheyRiseBand that definitely makes sense. I know this is the same thing that happened in Idaho and in Wyoming, California's moved in started purchasing property and now the people who were born and raised there can't afford the homes
It doesn’t take a degree and experience to know, when something is too high and ppl can’t afford it their gonna STOP buying or using. Duh that’s common sense
It makes sense for the retired, remote workers, and high wage earners to move to the south. For the average earner this is an instant wage reduction and isn't worth the hassle.
Yes and no. Its only an instate wage reduction if you are attributting your high wage to the area you live in and not your actual skill set. I've been back in the south for 4 years, i've worked for 3 different organizations. And luckily cost of living is low enough for me to survive on 35-45k a year. This year i've negotiated a raised to 60k, and my rent is only $750. It isn't perfect. But i suspect that in the next two years i can get another raise(definitely if I leave my current job). Little traffic, low cost of living, and space
Good!! Because it's too freaking high everywhere! Living downtown Chicago overlooking the lake, it's amazingly beautiful looking at nothing but the water! But some 1 and 2 bedroom condos for rent cost $2500-$6000 monthly! It's insane
Why spend $2,000 to $3,500 a month on rent in cities like Tennessee, New York City, Los Angeles, or Chicago when you could invest in ownership instead? In today’s challenging economic climate, where wages remain stagnant for many, it makes little sense to work tirelessly just to meet inflated rent prices. Please start using your mind!!!!!!🎉🎉🎉🎉 Instead, consider the power of group economics. Pooling resources with family members to purchase a home allows you to build equity and secure a future together. A single mortgage payment shared among loved ones is far more sustainable than funding an apartment complex that profits from your hard work. It's time to rethink financial priorities and create long-term stability for yourself and your family.
Some family members can't and won't even pitch in $20 for a simple purchase, let alone a down payment on a mortgage. I can't always rely on that. And for the record, Tennessee is a state, not a city.
This sounds good but many people come from families where they didn’t have ownership or parents only had to put down $2k to get a home versus today your going to need to do about $20-50k down.
So, turn a single family residence into an apartment with no privacy, and go broke paying for gas and a car to get anywhere? Yeah, suburban lifestyles have zero downsides apparently. Apart from being nationally unsustainable.
"Heads in beds"... sounds impersonal. Once you get settled in, let the rent increases begin. In Tennessee, landlords can raise the rent by any amount. There is no legal limit or cap on the amount of a rent increase. They can also raise them any time they want. Read your agreements. Landlords always win.
An incentive of 3-4 months rent-free would be wonderful. It costs so much just to move, then with all the move-in fees, admin fees, deposits, etc. on top of your normal bills
Lol that "decrease" ain't nothing. You're paying what you'd pay for a mortgage payment and you still can't buy a house with the amount needed for down payments unless you choose one of those unique mortgages. Plus the wages aren't keeping up with the times to afford that. You gotta upskil and pray you can get a house before it's severly out of control and you have no choice but to live overseas and rent only bedreooms of houses as that's the only thing that will be left in this country for even families to afford.
We need rent down by 15% monthly, 2 months, free, and no rental increase for people that pay rent on time every month for the length of their 1st lease.
If you suddenly see hipsters walking in your low income neighborhood, its over, the rents are going to triple. There is so little low income market rate housing it should be a government priority. Give builders tax breaks & incentives to build low income housing.
I live in Nevada..... Same thing here, we got the Californians, Biden's illegal Venezuelans and Hondurans, and Cuban exiles running away from De Santis.
@@curlyhairdudeifyI’m sorry you got conned a second time into thinking that something will be done by Trump to fix this issue. People have lived illegally in the country under Trump the first time, and will continue to do so the second time around. He just told you what you wanted to get elected and it worked.
It’s not that simple and you know it. What about the many people with American citizenship who are choosing to move to Nashville for work, cost of living, weather, entertainment, etc.?
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
So the average rent in Nashville is about $2000 - 5% = $1900 so $100 off 😂😂😂 .. that aint helping shii
😂😂😂😂😂😂
In comparison to most metro cities in America, that’s well below the average. I wish my rent was 1900 a month.
own or be owned; cause you are right, its not a huge drop, but its something.
🤦🏾♀️😫
Investigate government and landlords
Rent should be 700 a month no more than that
than mortgage, taxes and insurance should be $350 .. im down with that lol
Bring that price up north people paying 2,000 for 1 bedroom
@@MrLboydReactstaxes and insurance cost me $278 monthly here in memphis.
So basically everyone should be paying less than section 8 prices…? Not realistic
@TheAS687 section 8 people pay less than that.
The rent is still too dam high!!!
Governments the reason. And ceos who run landlords
Any time a local politician doesn’t allow land to be zoned for single family residential, they need to be voted out.
Let me guess, they went up by 200% since 2020 and now a reduction of 5% in 2024. Yeah, that's a very big difference. 😳
You can thank the California in vasion for the unaffordable cost of living
Rent should not be this high anyway , I don’t care about supply and demand that’s just an excuse to price gouge people !
Property taxes and insurance went up. It aint price gouging. They have to raise the price to stay profitable….if there is no profit, there is no reason to offer housing
@@tswagg504Then they should just sell their investment properties to people who are fine with less profits right???
@@chrisc2535There is no one who is ok with losing money, what are you talking about?
@ Nobody that invests their money in anything is going to be fine with less profits.
@@cawheeler27she didn’t say go in red she said less.
"This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family."
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 and stocks.
I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
@@rougeur I've always delegated my investment decisions to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
*Mr Gary Mason Brooks* a highly respected figure in his field. I suggest delving deeper into his credentials, as he possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
If they don't want the economy to collapse everything has to be lowered...rent, mortgage, food etc...
Who is going to take less pay though?
@bking12762 The government/ Taxes can offset and adjust for apartments/ mortgage lenders/ grocery stores so they can see a profit.
@@bking12762 At the end of the day it will come down to...working full time and living in a car. Groups of ppl in one household... all this effects the electric company, banks etc...grocery stores..
@@evergreen111you don't understand how things work
@bking12762 ♥ We shall see.
5% isn't much when the rent has been going up 15% every year for the past 4 years.
Yes but 5% is better than two or three percent😅
i rented an apartment where 50 % of the tenant's moved out within 6 months.
is that complex still around?
What happened?
People are leaving Nashville
Crime
data says otherwise.
@@02nupenope he is right, people are leaving Davidson county
Yeah its a shit hole
Nashville had had one of of biggest influxes of people of any city in the US over the last 10 years. Let me know when the population gets back down to 2014 levels.
For the south rent is pretty high
I agree especially when wage increases have not kept up at all with inflation increases.
Keep voting red against your self interests, lik the rest of the country. Yeehaw!
It's the blue state invasion making cost soar!!
Rent is expensive everywhere
@sp123 my rent $900 I'm in the north east
About time! 87000 empty apartments in Nashville.
🎯 exactly. America is constantly showing how stupid it is....
Empty property but people still need housing because the property owners can't afford to be landlords
Are you serious? Wow!
Rents are bottoming out? 😂 That’s laughable.
Now comes the time of reckoning for all the greedy people😂😂😂
Capitalism works!
Nashville is a 3rd teir city, why is the rent so damn high?
People from HCOL areas are moving there. Same thing happened to Colorado, when Californians started moving in, 30 years ago. Now it is Calirado.
@TheyRiseBand that definitely makes sense. I know this is the same thing that happened in Idaho and in Wyoming, California's moved in started purchasing property and now the people who were born and raised there can't afford the homes
This is only the beginning the jobs aren’t there to support $1900 base rent in Nashville area
5%? Wooooooooow!!!!!! 😒
My thoughts exactly yo! 💯
It doesn’t take a degree and experience to know, when something is too high and ppl can’t afford it their gonna STOP buying or using. Duh that’s common sense
Not only rent being high. My water bill for 3 people in 2024 is 70-80 dollars. 15 years ago it was $40 ish lol 😂😢
Why say a major decrease when it's a minor decrease? Oh, that's right. Anything for a click...
It makes sense for the retired, remote workers, and high wage earners to move to the south. For the average earner this is an instant wage reduction and isn't worth the hassle.
Yes and no. Its only an instate wage reduction if you are attributting your high wage to the area you live in and not your actual skill set.
I've been back in the south for 4 years, i've worked for 3 different organizations. And luckily cost of living is low enough for me to survive on 35-45k a year.
This year i've negotiated a raised to 60k, and my rent is only $750. It isn't perfect. But i suspect that in the next two years i can get another raise(definitely if I leave my current job).
Little traffic, low cost of living, and space
I left Nashville. Too expensive. I saw the gentrification signs 20 years ago when I worked on Jefferson St, down the street from Germantown.
That would’ve been the time to buy
Having people awkwardly walk by and try not to stare at the camera; is always comical to me as an opening introduction.
Good!! Because it's too freaking high everywhere! Living downtown Chicago overlooking the lake, it's amazingly beautiful looking at nothing but the water! But some 1 and 2 bedroom condos for rent cost $2500-$6000 monthly! It's insane
People are living with family these days. I don't know who's affording rent these days. Way more than mortgage
it happens when you price people out
New York and New Jersey not do that 💩 .......and everyone should know who owns majority of the building in those 2 states..........
Yup! its a crazy game. No slowing down in sight
Why spend $2,000 to $3,500 a month on rent in cities like Tennessee, New York City, Los Angeles, or Chicago when you could invest in ownership instead? In today’s challenging economic climate, where wages remain stagnant for many, it makes little sense to work tirelessly just to meet inflated rent prices.
Please start using your mind!!!!!!🎉🎉🎉🎉
Instead, consider the power of group economics. Pooling resources with family members to purchase a home allows you to build equity and secure a future together. A single mortgage payment shared among loved ones is far more sustainable than funding an apartment complex that profits from your hard work. It's time to rethink financial priorities and create long-term stability for yourself and your family.
Some family members can't and won't even pitch in $20 for a simple purchase, let alone a down payment on a mortgage. I can't always rely on that. And for the record, Tennessee is a state, not a city.
This sounds good but many people come from families where they didn’t have ownership or parents only had to put down $2k to get a home versus today your going to need to do about $20-50k down.
So, turn a single family residence into an apartment with no privacy, and go broke paying for gas and a car to get anywhere?
Yeah, suburban lifestyles have zero downsides apparently. Apart from being nationally unsustainable.
Houses have 2-3x in price since 2020
Really ⁉️
NOT
If you act now you too can get 50 bucks off 2500 on your one bedroom dream home
For the first month- fine print
“Heads in beds 🛌 “ 🤦🏾♀️😫
Right😂😂😂😂
I would not define 5% as major. Horrible, deceptive headline.
Rent is not bottoming out!!
I blame the Swifties
"Heads in beds"... sounds impersonal. Once you get settled in, let the rent increases begin. In Tennessee, landlords can raise the rent by any amount. There is no legal limit or cap on the amount of a rent increase. They can also raise them any time they want. Read your agreements. Landlords always win.
Rents will definitely “increase in a year or two” for anyone lured by 1 month free today. Hell, they only have to wait 30 days for that to happen.
700 that’s nuts that’s way to much
If you can afford to live in Germantown or downtown you don’t need a rent decrease. People that are making less than 70,000 a year..
Home values are declining in every state.
Rent is over priced everywhere. Corporations buying property everywhere,
An incentive of 3-4 months rent-free would be wonderful. It costs so much just to move, then with all the move-in fees, admin fees, deposits, etc. on top of your normal bills
Rent transaction fee - $75/month.
I didn’t even know that was a thing for paying online until.. I got that bill
Corporations screwing renters end of story.
the word mustve gotten out about that algorithm company jacking up the prices sky high
Add another zer0 then its a major drop 5% is the market fluctuating.
Lol that "decrease" ain't nothing. You're paying what you'd pay for a mortgage payment and you still can't buy a house with the amount needed for down payments unless you choose one of those unique mortgages. Plus the wages aren't keeping up with the times to afford that. You gotta upskil and pray you can get a house before it's severly out of control and you have no choice but to live overseas and rent only bedreooms of houses as that's the only thing that will be left in this country for even families to afford.
I think the problem is the internet. Everybody will move to every poor country the can think of
Turned section 8 when 47 is done!
We need rent down by 15% monthly, 2 months, free, and no rental increase for people that pay rent on time every month for the length of their 1st lease.
You guys made a news story over 5%. "Do not recommend channel"
I wish rent decrease was here in here in money hungry Las Vegas NV hungry money azz landlords and corporations.
LIES 🤥....
Our rent is higher.
My rent won't go down. New rent is for new tenants.
Not current tenants.
That wrong. Don't move to midtown section of reno nv😊
This is good news for every tax paying citizen!
They are prepping for the next housing market crash 😅
Soon cost of living will be so bad people will be rooting for nuclear flying birds.
Great news
Something more has to happen.
Stop putting it on the news stay where y’all are at
My rent is 3600/mo. Unfortunately, my industry is tied to HCOL areas.
What is HCOL
4 months free 🤯
Seems like there are a record amount of apartments just about everywhere. Will a tidal wave of new ones on the way.
If you suddenly see hipsters walking in your low income neighborhood, its over, the rents are going to triple. There is so little low income market rate housing it should be a government priority. Give builders tax breaks & incentives to build low income housing.
Michael Scott’s voice at 1:14 😂
Bottoming out? Strong words, joel. XD
dont worry, low birth rate will fix high rent in the future
From $2500 to $2499.99😂🤣
I would gladly take Nashville over Chicago
Near the bottom and out at 2100 yeah no s*** that's cheap you can get a acre of land in Arizona for that price
Idk why renters able to do this
Riiight
Hey Arnold 0:50
Some things should be said on the news 😂
Its not lower in Columbia
Broad way racist😊
lol not in any of my units.
Psalms 127:3
“Lo, children are an heritage of the LORD: and the fruit of the womb is his reward.”
King James Version (KJV)
I thought 575.50 was high
What is the average rent in Nashville?
$2000 - 5% = $1900
Oh nooo
But I’ve been assured by so many people that building new housing won’t lower rents… I’m so confused 🤔
Yes when they’re sitting empty
@ when they sit empty the prices drop. Nashville rents are down 5% this year for this reason.
The rent can go down 50% people are still going to complain😮😢😊
Down 5% 😂
Lies!!!!
Thank california for moving in and running up the prices. Gonna be a blue state soon!
I live in Nevada..... Same thing here, we got the Californians, Biden's illegal Venezuelans and Hondurans, and Cuban exiles running away from De Santis.
As a Californian we would to say thank you. Homeowners are laughing at the bank
@@Horrorcoolguy we don't thank you. Your voting. Your attitudes. Your running up the prices. Stay where you voted it into a shytehole.
@ nope bringing all my tech friends to place you guys homeless 😛
@@curlyhairdudeifyI’m sorry you got conned a second time into thinking that something will be done by Trump to fix this issue. People have lived illegally in the country under Trump the first time, and will continue to do so the second time around. He just told you what you wanted to get elected and it worked.
😂 Lies!!!
👀
😂
Fake news
Close the border and rents will go down. Supply and demand.
It’s not that simple and you know it. What about the many people with American citizenship who are choosing to move to Nashville for work, cost of living, weather, entertainment, etc.?
@@Thorsten566 You liberals will ruin America.....GO TRUMP!!!
That means diversity moved in.
Nashville has been divers dafuq you talking about
😂