Private Equity’s Ruthless Takeover Of The Last Affordable Housing In America

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  • Опубліковано 20 лис 2024

КОМЕНТАРІ • 13 тис.

  • @viserie9345
    @viserie9345 2 місяці тому +8088

    Corporations should not be allowed to purchase residential land

    • @charlesrhinesmith4585
      @charlesrhinesmith4585 2 місяці тому +395

      I've been saying that same thing for the past few years. Stop corporations and investors from purchasing single family homes. Housing has gotten so expensive because of these investors that even basic started homes are now unaffordable for many people.

    • @dkchen
      @dkchen 2 місяці тому +83

      It’s easier to say that large $1B PE firms can’t purchase single family homes.

    • @suehowie152
      @suehowie152 2 місяці тому +129

      You might want to check out the Hedge Fund Control of American Homes Act...Some people are working on it..

    • @emilyfeagin2673
      @emilyfeagin2673 2 місяці тому +171

      Or to make huge profits from basic human necessities like food , water, and healthcare

    • @AdamLeite
      @AdamLeite 2 місяці тому +67

      I think you hit the nail in the head. That would be a great start if we want to avoid general homelessness.

  • @laurawalker4042
    @laurawalker4042 2 місяці тому +7018

    The greed in this country is obscene. The inhumanity is cruel.

    • @LouiseBrooks-g3t
      @LouiseBrooks-g3t 2 місяці тому

      That's why we have been dumped world wide. Never thought I would live to see America turn into a pariah to the entire time world. Disgraceful.

    • @zyansheep
      @zyansheep 2 місяці тому +85

      Greed is human nature. Our modern economy is founded on human greed and it's an incredible motivator. The issue is that for finite resources like land, unlike any other thing you can accumulate (like money or material goods) you can't make more of it and thus it's ripe for the situation where people buy the land and then charge people for its use despite doing nothing except being there first to buy the land. To fix this we need the government to impose a land value tax so that they actually use land for useful things instead of collecting rents from people who actually need it.

    • @esotericheric8659
      @esotericheric8659 2 місяці тому +140

      @@zyansheep it’s the lowest part..
      The animalistic part of our nature…. Though soo many people are narcissists…. And narcissists have no real sense of self.

    • @fredstrehlow511
      @fredstrehlow511 2 місяці тому +12

      This is the exact reason I never bought a mobile home.

    • @waltergrace565
      @waltergrace565 2 місяці тому +66

      @@zyansheep Nah, greed is not human nature. And the last thing we need is more tax. What we need is a real currency and sound monetary policy. It's the only way to restore the value of labor.

  • @CameronFussner
    @CameronFussner 27 днів тому +877

    Something they dont talk about is how over 25% of new home were actually bought by investors, not people looking to live there. Even if boomers sell all the houses or more home become available, the problem wont go away, as wealthy investors will still buy up those supply of houses. This will keep the houses prices up.

    • @AlfredWilliams-ki6ri
      @AlfredWilliams-ki6ri 27 днів тому +16

      Not a word about banks, equity firms, Blackrock, buying up houses after the 2008 cruises as assets. You cannot discuss the housing cruises without discussing this.nOr discussing that largest luxury houses generate more profit than smaller non-luxury. Developers build for profit.

    • @williamDonaldson432
      @williamDonaldson432 27 днів тому +8

      Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 27 днів тому

      @@williamDonaldson432 Please how can I connect to your advisor? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.

    • @foreverlaura-fq4eu
      @foreverlaura-fq4eu 27 днів тому +4

      Please how can I connect to your advisor? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.

    • @williamDonaldson432
      @williamDonaldson432 27 днів тому +5

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

  • @Mexican00b
    @Mexican00b 2 місяці тому +4901

    Companies owning 100,000+ homes should be illegal

    • @DavidMartins
      @DavidMartins 2 місяці тому

      ANYONE owning more than 3 houses should be illegal. It's legal feudalism

    • @williamtiffee3799
      @williamtiffee3799 2 місяці тому

      @@ghostferatu6241 Noone buys into that b.s. anymore. (Newsflasher: Babylonian Talmud thumper Khasarians, are not of "Semitic" origin... They ARE, however gradually marring- into the Canaanite Set/ en anic gene pool.)

    • @bullseye2255
      @bullseye2255 2 місяці тому +59

      ​@@ghostferatu6241that's a witty response Bateman, let's see Paul Allen's remark.

    • @Fawn-hv7mx
      @Fawn-hv7mx 2 місяці тому +45

      They make the laws.

    • @yankeedrifter81
      @yankeedrifter81 2 місяці тому +81

      I might place that number muuuch lower...let's say illegal to own more than 20-30 homes, supermarkets, restaurants, cafes, shoe stores, hardware stores etc etc.

  • @theundone777
    @theundone777 2 місяці тому +5530

    Private equity is destroying every market in America. Every single one.

    • @07wrxtr1
      @07wrxtr1 2 місяці тому +169

      Because they paid off daddy government and women don’t care how they make their money:
      “Oh he drives a bmw!!”

    • @shacktime
      @shacktime 2 місяці тому

      @@07wrxtr1 This is the inevitable result of a citizenry that envies the wealthy for wealth’s sake.

    • @BuildNewTowns
      @BuildNewTowns 2 місяці тому +97

      Consequences when they just print off Trillions of dollars and give to their corrupt friends :/

    • @07wrxtr1
      @07wrxtr1 2 місяці тому

      @@BuildNewTowns And: Don't forget - Women don't ask whether or not the money you earn came from a moral place, or if people were hurt... They only care about what year your BMW is, how many sq' your house is, and if they can worm their way in to owning half or more of it.
      Everywhere everyone was saying 20-30 years ago: "just" go to college... and look at what these colleges have taught everyone - not to value family, morals, god, ethics.... instead: "it's all about me dude bro/bruh!"
      How many articles have you read where they say "the stakeholders..." yet - never mention WHO they are?
      Last thought: The "guys" working for private equity - in my mind - are the same guys that struggled with women in high school - they sold out - so they can run off and buy women with the money. At the end of all of it - the money ends up in the hands of women who could care less - so as long as they can have that instabrag life "style"
      Ontological and existential crisis - where everyone uses eachother - and the primary beneficiaries are: Corporations, NGO's, and your personal fave: DADDY Gov't (and the beta males that work for it).

    • @RabidDisposition
      @RabidDisposition 2 місяці тому +117

      @@theundone777 you shouldn't be able to own any more than 5 rental properties in any given city or maybe even state. 5 is more than enough to live comfortably.

  • @shekharmoona544
    @shekharmoona544 2 місяці тому +4835

    This is why I get angry at politicians and billionaires that call themselves patriots all while screwing over the same elderly veterans and civilians that supported this country.

    • @hollyp4579
      @hollyp4579 2 місяці тому +192

      It’s infuriating the level of greed! They have plenty of money, they should remember that the elderly worked very hard all of their life and should NOT be treated in this manner.

    • @mistermoo7602
      @mistermoo7602 2 місяці тому

      The elderly voted to give them the power to do so. Now they're trying to hand over the future of the next two generations for more time.

    • @l.c.3150
      @l.c.3150 2 місяці тому +173

      It’s the rich against everyone else. The politicians are rich!

    • @CraftEccentricity
      @CraftEccentricity 2 місяці тому

      Yet not a single journalist mentions the fact that the entire BlackRock family is employed within the current White House. BlackRock is responsible for buying up all the properties.

    • @zumaanandrade3961
      @zumaanandrade3961 2 місяці тому +117

      @@l.c.3150 Yep! Give them 1yr in politics and they are millionaires. HOW! I think you know the answer.

  • @ryanwilliams989
    @ryanwilliams989 Місяць тому +1101

    In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

    • @hunter-bourke21
      @hunter-bourke21 Місяць тому +3

      I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

    • @maggysterling33254
      @maggysterling33254 Місяць тому +1

      @@maryHenokNftDo you mind sharing info on the adviser who assisted you?

    • @hunter-bourke21
      @hunter-bourke21 Місяць тому +2

      Definitely! All of this happened in less than a year after *Izella Annette Anderson* told me what to do. I started with less than $100,000, and now I'm about 17,000 short of having a quarter million dollars.

    • @BiancaSherly-qt6sb
      @BiancaSherly-qt6sb Місяць тому +2

      oh! i never take this advises online seriously, but i checked Izella up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response

    • @justmenotyou3151
      @justmenotyou3151 4 дні тому

      Then, that will create a housing buying opportunity for these large corporations. The race for higher profits will continue.

  • @Yormsane
    @Yormsane 2 місяці тому +4692

    "There is no American dream any more, all it is is survival..." I really felt that.

    • @vgstb
      @vgstb 2 місяці тому +146

      Time to wake up and get an interest in politics, because politics has an "interest" in you.

    • @1utube01
      @1utube01 2 місяці тому +88

      The 60s had a higher purchasing power for an hour of labor. Since then, minimum wage has been frozen several times despite exploding costs of living and inflation (thanks, Reagan). Also, over this time, social benefits have been cut and attacked while top marginal taxes have been slashed from over 70% to under 40%.

    • @Yormsane
      @Yormsane 2 місяці тому +22

      @@vgstb ... is literally why I follow this channel. 🙄

    • @shanerogers9386
      @shanerogers9386 2 місяці тому +16

      @@Yormsane light a match EVERY time a flippers buys a home and every time a investor buys a home

    • @frances4797
      @frances4797 2 місяці тому +16

      That is my daily experience 😣

  • @fionasmom6254
    @fionasmom6254 Місяць тому +767

    That scene where people are attending a workshop and then touring like they are on a field trip to LEARN how to exploit the poor souls who live in the trailer park. It's beyond disgusting.

    • @nilu1121
      @nilu1121 Місяць тому +18

      It’s disgusting for sure.

    • @dlullrich6803
      @dlullrich6803 Місяць тому +27

      They are predators and have a sickness called greed. Intern makes us all sick to our stomach.

    • @FarewellAphrodite
      @FarewellAphrodite Місяць тому +9

      Agreed 💯

    • @MrDlt123
      @MrDlt123 Місяць тому

      Almost like they were visiting a poor people zoo. 😠

    • @ashtonstout7375
      @ashtonstout7375 Місяць тому +6

      I fully agree.

  • @johnathansilva2823
    @johnathansilva2823 Місяць тому +1777

    Rent:
    2018: $750
    2020: $850
    2022: $1,200
    2024: $1,500
    RENT SHOULD NOT DOUBLE IN 6 YEARS!

    • @ArmyVet79
      @ArmyVet79 Місяць тому +55

      80% property taxes 20% for landlords trying to keep up with they neighbors

    • @silasakron4692
      @silasakron4692 Місяць тому +143

      I'm from Denver. You could once rent a decent single bedroom apartment in an acceptable neighborhood for $400/mo. Those same apartments with no real added value (and worse mold) now rent for $1400+/mo less than 15 years later. It's absurd. Even if you can afford that, why would you WANT to? What a waste of money.

    • @johnathansilva2823
      @johnathansilva2823 Місяць тому +42

      @silasakron4692 It's crazy. NO utilities included, and Massachusetts has the 2nd highest electric rates.

    • @RunninUpThatHillh
      @RunninUpThatHillh Місяць тому +41

      I bedroom apartments in rural NY...1300/month. I have a mortgage...only 550/month...3 bedroom farmhouse on 4 acres. Isn't that WILD? It's 980/month if you include my house insurance and school/land taxes (which are 80% bullshit).

    • @hhjhj393
      @hhjhj393 Місяць тому +70

      @@silasakron4692 I had to leave Denver for this very reason......... Even though I was Born in Colorado and lived there for 29 years. I think that in the coming years I will probably end up in a van. I have savings and retirement, but I am just so angry at the world and society that I am kinda just giving up, I really hate this country, the people, everything down to my core. I don't want to be a part of this. So I don't even want to own a home and mow grass and try and keep up with the joneses. If I bought a house honestly I would probably let a bunch of homeless people live there just to piss off society.
      I am done.

  • @dr.j1355
    @dr.j1355 Місяць тому +176

    When injustice becomes law, rebellion becomes duty!

    • @alphajackal6648
      @alphajackal6648 Місяць тому

      Laws are always demands made by the ruling class upon their subjects. The only difference is that nowadays those who rule us have been able to cast a wider and wider net with fewer and fewer concessions.
      So you're right - it's just that law is inherently unjust because of the power disparities that underpin it, so rebellion against it as a system never ceases to be a duty.

    • @ЯрославКривич-ч4э
      @ЯрославКривич-ч4э 19 днів тому +3

      When people agree with injustice, they become slaves. And slaves have rebellion never.

    • @justinwoodall461
      @justinwoodall461 17 днів тому

      ​@@ЯрославКривич-ч4эin the western world it's likely only a matter of time before a few ultra wealthy individuals heads end up in pikes. After that changes will happen.

    • @quickdrawmcgraw3567
      @quickdrawmcgraw3567 11 днів тому +1

      Lmao except for Haiti, and the US, and Mexico twice 😂😂😂​@@ЯрославКривич-ч4э

    • @williamsmith8271
      @williamsmith8271 4 дні тому

      If only those who have experience injustice are inclined against it then we need a system of instilling moral values that is a great departure from modern instruction!

  • @DarthFather_
    @DarthFather_ 2 місяці тому +2357

    The United States is completely unsustainable at this point

    • @stevenbilodeau6697
      @stevenbilodeau6697 2 місяці тому

      You will fall yeah.Not from an invasion but from within. You are broke and once you can't afford all those social programs or to subsidize the cost of food for your people they will turn on the elites and we will have a new 'French Revolution' on our hands. Teh authorities can't even stop a bunch of Black Teenagers from rioting and looting. They can't stop you at all. Which is why they keep you focused on race based issues instead of the whole rich VS Poor that is actually taking place.

    • @zenboy1612
      @zenboy1612 2 місяці тому

      That’s why it invaded everywhere to steal their resources

    • @karllieck9064
      @karllieck9064 2 місяці тому +54

      Another reason for the country to continue with balkanization.

    • @pursedelighted
      @pursedelighted 2 місяці тому +165

      They need to change the name to UNITED SNAKES OF AMERICA. sad what is happening

    • @peachesrambo4037
      @peachesrambo4037 2 місяці тому +19

      Don't worry, in a few months there will be plenty of free homes to pick from.

  • @TheLexikitty
    @TheLexikitty 2 місяці тому +2633

    Its wild that we constantly have to force businesses to do the right thing when the government is the one that allows them to operate in the first place.

    • @christophersmith2470
      @christophersmith2470 2 місяці тому +190

      These private equity firms own the government.

    • @lampstax
      @lampstax 2 місяці тому +5

      What's the right thing ? Pay the contract rate that the union negotiated ?

    • @jujubesification
      @jujubesification 2 місяці тому +82

      ​@@lampstaxnot do legal extortion of people? It shouldn't be legal to do this.

    • @stevestone76
      @stevestone76 2 місяці тому +76

      The big mistake most people make is thinking the government and big corporations/private equity firms are separate entities.

    • @JJ-qo7th
      @JJ-qo7th 2 місяці тому +48

      @@stevestone76 The big mistake most people make is thinking the government is a driver rather than a vehicle.

  • @monkeyjshow
    @monkeyjshow 2 місяці тому +1835

    My wife died unexpectedly two years ago. I fell apart and fell behind on the lot rent which was increased twice after she passed. I ended up homeless for a few months, and trying to buy something on back taxes in Michigan this year was not even remotely possible as the corporations threw tons of money at the auctions. Corporations should not be allowed to own residences

    • @nikkijubilant
      @nikkijubilant 2 місяці тому +146

      Sorry for your loss and all your hardships

    • @monkeyjshow
      @monkeyjshow 2 місяці тому +1

      @@nikkijubilant My cats and I have been renting a room for almost a year now. I got a camper while I was displaced and I've started to rent that to vacationers. It has provided a little extra income. If the world doesn't end, I may be doing okay next summer

    • @monkeyjshow
      @monkeyjshow 2 місяці тому +133

      If I had land, I would be buying campers and doing my best to provide some sort of housing for people at a good price. I don't want to be a landlord, but being displaced sucks

    • @foremanhaste5464
      @foremanhaste5464 2 місяці тому +48

      I would actually be all for business entities being prohibited from own residences and property management companies the exception, but with extreme limitations on how they operate and that they are not themselves owned by a larger corporation. Property Management companies being required to operate as cooperatives would likely be best. This video shows some of the first warning signs that lead to dystopian corporatocracy.

    • @monkeyjshow
      @monkeyjshow 2 місяці тому +52

      @@foremanhaste5464 I would be all for housing being recognized as an innate right. I would also like to see the rest of our innate rights recognized and honored for humanity across the board. I'm way way way over capitalism

  • @ryant6548
    @ryant6548 27 днів тому +76

    This is just the tip of the iceberg. Regular home ownership is becoming unattainable as well due to corporate home purchases. They then charge rent high enough to keep people from saving anything towards owning a home in the future. It's clear the system isn't working.

    • @ericburkett6349
      @ericburkett6349 20 днів тому

      Oh, the system's working alright, but it's working only for those who control it and it isn't the government.

    • @ЯрославКривич-ч4э
      @ЯрославКривич-ч4э 19 днів тому

      I'm sorry, but you said a bullshit, dude. If a person wants to buy a house, he will find money and buy it.

    • @ryant6548
      @ryant6548 16 днів тому +5

      @@ЯрославКривич-ч4э Where do I find this tree that money grows on?

    • @ЯрославКривич-ч4э
      @ЯрославКривич-ч4э 15 днів тому

      @@ryant6548 You need to find a job, not a tree.

    • @justmenotyou3151
      @justmenotyou3151 4 дні тому

      ​@@ЯрославКривич-ч4эWhat was said was true.

  • @MeiMitokai
    @MeiMitokai Місяць тому +496

    "They can tolerate rent increases because they can't afford to leave" is just psychotic. I can't believe there are people out there who can say that out loud with no guilt.

    • @nathanielovaughn2145
      @nathanielovaughn2145 Місяць тому +25

      Special bowls in Hell....

    • @jaclowho7958
      @jaclowho7958 Місяць тому +20

      And the would be investors think it would be a good investment. Don’t these people see how certain people lives are being destroyed because of greed. ?

    • @brianniegemann4788
      @brianniegemann4788 Місяць тому +63

      They're not psychotic, they're sociopathic. Businessmen like this were born without a conscience. They believe that other people exist to be their victims.

    • @Grisbane
      @Grisbane Місяць тому

      @@brianniegemann4788 born without empathy is psychopathic. Sociopath requires a traumatic event or series of events to come into existence.

    • @pwp8737
      @pwp8737 Місяць тому +25

      this is America, a country built on slavery, why does this shock you?

  • @jer1776
    @jer1776 2 місяці тому +2505

    Sounds like straight up extortion.. These private equity heads should be thrown in prison.

    • @janedoe1229
      @janedoe1229 2 місяці тому

      Why aren't they? Why are elected officials allowed to take brides? Why do you continue to vote crooks back in

    • @shanerogers9386
      @shanerogers9386 2 місяці тому

      @@jer1776 publish their home addresses

    • @nickmagrick7702
      @nickmagrick7702 2 місяці тому +63

      At the least

    • @amzarnacht6710
      @amzarnacht6710 2 місяці тому +85

      Should be straight up illegal. Period.

    • @_gungrave_6802
      @_gungrave_6802 2 місяці тому +22

      Except its not extorsion nor is what they're doing illegal. As much as we hate what they're doing they know how to push and bend the law without breaking it.

  • @jeffbroders9781
    @jeffbroders9781 2 місяці тому +1567

    Another example of corporate greed ruining the country.

    • @sootuckchoong7077
      @sootuckchoong7077 2 місяці тому +28

      Govt allowed this to happy. Maybe happily too.

    • @user-lt1jd1ye3v
      @user-lt1jd1ye3v 2 місяці тому +26

      It’s true our “government” helps with nothing

    • @moviesforrandy
      @moviesforrandy 2 місяці тому +12

      it is shameful.

    • @Matt-e2j
      @Matt-e2j 2 місяці тому +25

      And corrupt politicians don't care.

    • @MsDsGarden
      @MsDsGarden 2 місяці тому

      Folks voted for NO gov't oversight and donated $$$$ to billionaires, now complain that you can't afford housing???

  • @Ym-oi2we
    @Ym-oi2we 27 днів тому +40

    These predators need to be held accountable

    • @lotusgrl444
      @lotusgrl444 23 дні тому

      but who will be doing the accountability?

    • @spikemoss-m1s
      @spikemoss-m1s 2 дні тому

      "Accountable" meaning "tethered with single-strand dental floss to bridge railings above 1000-foot deep rocky river gorges."

    • @Zerpentsa6598
      @Zerpentsa6598 23 години тому

      What? It's capitalism and freedom and democracy.

  • @Kyla94934
    @Kyla94934 Місяць тому +546

    Private equity is doing this everywhere. Corporations should not be allowed to own residential housing

    • @thornyback
      @thornyback Місяць тому

      The USA is a plutocracy. It is just a big money-making machine for capitalists. When are people going to wake up and do something about it?

    • @ishisarten7640
      @ishisarten7640 Місяць тому +5

      Housing is a human righteous

    • @thothheartmaat2833
      @thothheartmaat2833 Місяць тому +1

      If they want to be legal persons they should be put in prison..

    • @drunkensailor112
      @drunkensailor112 Місяць тому +3

      Not everywhere in my country renting out houses is taxed so high that companies are not interested in buying houses for that reason.

    • @zerozero2020
      @zerozero2020 Місяць тому +1

      And politicians

  • @AttackHak
    @AttackHak 2 місяці тому +2113

    Private equity is literally destroying our country…. Who knew greed could cause so much harm… 😒

    • @vg7985
      @vg7985 2 місяці тому +23

      lol. Don’t like capitalism, do you?

    • @HiSodiumContent
      @HiSodiumContent 2 місяці тому +191

      @@vg7985 *claps* What a strong rebuttal! So many good points! Such a clever and nuanced argument!

    • @idrathernot_2
      @idrathernot_2 2 місяці тому +77

      ​@@vg7985what point are you even trying to make?

    • @notabannedaccount8362
      @notabannedaccount8362 2 місяці тому

      @@vg7985Go to Venezuela, Communist!

    • @akiranara6404
      @akiranara6404 2 місяці тому +85

      It's not just greed; it's the lack of responsibility. Thanks to convoluted legal loopholes, private equity firms have *no liability* when things go wrong with stuff they manage. As such, they have no inclination to treat anyone humanely or with any form of decency, because they won't be held responsible even when people _die_ as a result of their horrible policies. (One of them literally got out of a wrongful death lawsuit by claiming this.) And they've bought all the politicians so thoroughly that this situation isn't changing any time soon.

  • @davidhutchinson5233
    @davidhutchinson5233 2 місяці тому +1679

    Private Equity should be BANNED from buying into the public trust. Housing, hospitals, et al. BANNED!!!! And citizens should come together to purchase and have 1st right of refusal when trying to put together financing for the purchase of their park.

    • @comkver
      @comkver 2 місяці тому +38

      This would be awesome! I just hope that residents actually get together. We tried to do that when they're owner of the park sold, here told me us to get together but I no one was ready to on such shirt notice. It was a sad day when the new landlord came and immediately talked about charging for water and raising the rent.

    • @charlzcofflin4199
      @charlzcofflin4199 2 місяці тому +12

      Dude, just...stop it with the antisemitic remarks.

    • @vickijohnson9367
      @vickijohnson9367 2 місяці тому +7

      Absolutely BANNED!

    • @milycome
      @milycome 2 місяці тому

      People will say, private equity firms are very Predatory.
      HELLO !!!! To the Dummies out there : All Capitalism is PREDATORY !! Wake up Dummies !!

    • @karenandpaulwilson9128
      @karenandpaulwilson9128 2 місяці тому +9

      Severly Limit the amonth of wealth gainef thru private equity.

  • @SonnyFrisco
    @SonnyFrisco Місяць тому +32

    I just voted for rent control in California. I hope more states do the same. Private Equity firms have ruined housing.

    • @kathrynj.hernandez8425
      @kathrynj.hernandez8425 День тому +1

      Prop 33 lost. Stupid renters were influenced the against their own best intersts by the $Billion propaganda campaigns of PE firms and NAR. Renters did not understand that by voting "NO ON 33" they were building their own scaffolds.

    • @Zerpentsa6598
      @Zerpentsa6598 23 години тому

      Commie.

  • @PaulKatrina.
    @PaulKatrina. Місяць тому +2059

    To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.

    • @ChristianKelv
      @ChristianKelv Місяць тому +5

      Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

    • @HectorWhitney
      @HectorWhitney Місяць тому +2

      I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.

    • @BellamyGriffin19
      @BellamyGriffin19 Місяць тому +1

      Could you guide me on how to get in touch with your advisor? My funds are being eroded by inflation, and I'm seeking a more lucrative investment strategy to effectively utilize them.

    • @HectorWhitney
      @HectorWhitney Місяць тому

      'Melissa Terri Swayne is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look-her up.

    • @dawnwaka9082
      @dawnwaka9082 Місяць тому +5

      America the beautiful...😢

  • @kepik4714
    @kepik4714 2 місяці тому +1460

    I've lived in my mobile home for 25 years. The rent has gone up EVERY YEAR! It started at $525 a month, now its almost $1800. Once I'm retired I will no longer be able to afford the rent, even tho my house is paid off. It is disgusting what corporations are doing to people.

    • @LizNeptune
      @LizNeptune 2 місяці тому +97

      Sickening to read!!

    • @thebombu
      @thebombu 2 місяці тому +40

      So sick!!!

    • @t.h.8475
      @t.h.8475 2 місяці тому +45

      Wow, that is terrible.

    • @homelessmillionaire1
      @homelessmillionaire1 2 місяці тому +34

      So you saw the future and did nothing to prepare for it.

    • @Michael-j4l3d
      @Michael-j4l3d 2 місяці тому +25

      The hell don't you move it? it's a *MOBILE* home

  • @erichodge567
    @erichodge567 Місяць тому +358

    This is the biggest economic story in America, and the corporate media won't touch it.

    • @c.k.b6840
      @c.k.b6840 Місяць тому +17

      But they report stock market gains every day.

    • @jessicadubois9945
      @jessicadubois9945 Місяць тому +7

      💯

    • @arostwocents
      @arostwocents Місяць тому +1

      It's repulsive how corrupt the western media is

    • @pchab1966
      @pchab1966 Місяць тому

      The financialization of almost any industry in the USA has destroyed the fabric of society.

    • @汤圆-y7f
      @汤圆-y7f Місяць тому

      Hmmm, let's see how we can pin this one on "communist" China as well - US politicians

  • @MollyShorters
    @MollyShorters 9 днів тому +510

    Man, watching this makes me wonder if my $143k 'emergency fund' could turn into something more than just a number in my savings account. Private equity snapping up housing? Ruthless, yeah, but maybe they’re onto something. Like, should I be ruthless too? I just want a head start-without turning into a corporate overlord. Thoughts?

    • @VeronicaOlivers
      @VeronicaOlivers 9 днів тому +3

      I hear you! But maybe don't jump straight into 'ruthless mode.' I started out thinking I could do it all myself, then a financial advisor showed me the ropes. Game changer. Definitely worth considering if you want to keep that $143k growing without losing sleep over it.

    • @blissds-gi3mb
      @blissds-gi3mb 9 днів тому

      Totally agree, but how do you even find a good advisor? Everyone’s either selling something or too vague to trust. I know I need one, but figuring out where to start feels like its own investment strategy.

    • @VeronicaOlivers
      @VeronicaOlivers 9 днів тому +4

      There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with Linda Aretha Reeves for some years now, and her performance has been consistently impressive. She’s known in her field-look her up.

    • @MollyShorters
      @MollyShorters 9 днів тому

      Checked out Linda Aretha Reeves, and wow, she seems like exactly what I’ve been looking for. Thanks for the recommendation

    • @SilvesterMiles-y4j
      @SilvesterMiles-y4j 9 днів тому +2

      "Saw Linda Aretha Reeves speak at the Bloomberg Finance Summit a few years back-her presentation was outstanding! She knows her stuff, for sure."

  • @carenburmeister5002
    @carenburmeister5002 2 місяці тому +648

    Private equity groups did this to the apartment complex I used to live in. It’s criminal really. The level of greed and exploitation is criminal.

    • @TexMarque
      @TexMarque 2 місяці тому +5

      It's obvious that you don't understand Econ 101.

    • @Blackspidy619
      @Blackspidy619 2 місяці тому

      There's no housing shortage, there's a greed surplus.

    • @Doc5thMech
      @Doc5thMech 2 місяці тому

      @@TexMarque. It’s obvious you support putting Americans out on the street. Malicious gouging is not a pillar of economics principles in any economics course including graduate seminars.

    • @zenboy1612
      @zenboy1612 2 місяці тому +29

      They want a new class of slaves

    • @Blackspidy619
      @Blackspidy619 2 місяці тому +41

      @@carenburmeister5002 there is no housing shortage. Just a corporate greed surplus

  • @ChristineK0819
    @ChristineK0819 Місяць тому +420

    This is sad, housing market is wrecked, renting a home is high, apartments are high and they now are taking over the last affordable option for trailer parks. Insane!!

    • @allover4309
      @allover4309 Місяць тому +9

      Who do Americans think they are competing with for homes and food?
      Hint:20+Million new comers have to live somewhere and suddenly prices go up. But ok, blame the investors that raise prices because of the increased competition. Millennials blame the Boomers and everyone keeps voting the same way. The standard of living has gone down because of uncontrolled amounts of new competition. 🤷‍♂️

    • @davidhollenshead4892
      @davidhollenshead4892 Місяць тому +12

      @@allover4309 You are a Liar!!!

    • @allover4309
      @allover4309 Місяць тому

      @@davidhollenshead4892 !
      you are anAss!!! Lol
      🤪

    • @whatchatalkinboutwillis6131
      @whatchatalkinboutwillis6131 Місяць тому

      @@davidhollenshead4892 The liar are people like you, you think that allowing over millions of illegals to walk right in are not hurting the citizens here? Get your head out of your ( , ) !

    • @whatchatalkinboutwillis6131
      @whatchatalkinboutwillis6131 Місяць тому +3

      @@allover4309 Well said.

  • @Elanasinterlude
    @Elanasinterlude 2 місяці тому +904

    This is evil. People are already struggling.

    • @icespeaker81
      @icespeaker81 2 місяці тому +1

      cry harder poor...

    • @raee1265
      @raee1265 2 місяці тому +102

      @@icespeaker81Someday you’ll go through something difficult in your own life. Hopefully it will help you develop some empathy for the suffering of others.

    • @icespeaker81
      @icespeaker81 2 місяці тому

      @@raee1265 i wont. my dad has a networth of 20 something mill lmao

    • @bigbeefjoedaddy
      @bigbeefjoedaddy 2 місяці тому

      Stop voting democrat

    • @MarcIverson
      @MarcIverson 2 місяці тому

      @@icespeaker81 Thank you for pointing out how awful your soul is. Now we know.

  • @lforbici
    @lforbici 16 днів тому +6

    I am Brazilian and seeing this kind of video makes me fell very sad. By today there is only greed around the world, and the poor people are the most affected. What kind of society we become? Man this is terrible!

    • @tonyprice2256
      @tonyprice2256 15 днів тому +4

      Hola mi hermano de Brazil! Hi there. I just wanted to say hello from the USA!

  • @JannyLuits
    @JannyLuits 2 місяці тому +630

    I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

    • @brucemichelle5689.
      @brucemichelle5689. 2 місяці тому +21

      Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

    • @carssimplified2195
      @carssimplified2195 2 місяці тому +2

      Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance, Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.

    • @foden700
      @foden700 2 місяці тому +2

      This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.

    • @carssimplified2195
      @carssimplified2195 2 місяці тому +2

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @foden700
      @foden700 2 місяці тому

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @jimmccandless4307
    @jimmccandless4307 2 місяці тому +482

    Flipping and price gouging affordable housing while our working class poor and our veterans live on the street is criminal .

    • @itsablessingbeinganamerica1401
      @itsablessingbeinganamerica1401 2 місяці тому

      Yet illegals given everything.

    • @sootuckchoong7077
      @sootuckchoong7077 2 місяці тому +19

      Govt happily allows those billionaires to make big profits.

    • @newsongsung1147
      @newsongsung1147 2 місяці тому +10

      Now in Florida it is illegal to be homeless!

    • @jimmccandless4307
      @jimmccandless4307 2 місяці тому +4

      @@newsongsung1147 sick

    • @Flintlock1776
      @Flintlock1776 2 місяці тому +3

      I am a veteran.
      I live in a 3500sq ft house on 5 acres that's paid for.
      Being a veteran does not condemn one to poverty. Bad decisions do.

  • @jamesrusselleriii8284
    @jamesrusselleriii8284 2 місяці тому +623

    The worst is when investors buy up mobile home parks and proceed to kick them out, demolish the park, and build luxury apartment buildings on the site. It's happened time and time again in the Salt Lake City area.

    • @willclayborn1220
      @willclayborn1220 2 місяці тому +22

      It's happening right where I live in metro Atlanta too

    • @DallaS.88
      @DallaS.88 2 місяці тому +29

      Shoot, and in Las Vegas, developers aren't building homes to buy. They are building new homes in large developments specifically to be rented.

    • @ThatsJustPeechy
      @ThatsJustPeechy 2 місяці тому +50

      And people wonder why the homeless crisis is so bad

    • @shanerogers9386
      @shanerogers9386 2 місяці тому +27

      Why is the leadership of these companies still breathing air!?
      Publish their names and addresses

    • @homelessmillionaire1
      @homelessmillionaire1 2 місяці тому

      ​@@willclayborn1220where, of Fulton industrial?

  • @nthabilu
    @nthabilu 25 днів тому +9

    What these corporations are doing is absolute wickedness.😡

  • @bobbyfartz5591
    @bobbyfartz5591 2 місяці тому +366

    This should be an hour long documentary and should be talked about on every news station and tv channel. It should be trending on Netflix, discovery, and every politician should be forced to watch it before they go vote on that bill

    • @cormaro13
      @cormaro13 2 місяці тому +6

      Cause someone forgets there’s a high power at hand and it’s called the government 😂 they’re getting paid out so I doubt they care

    • @christophersmith2470
      @christophersmith2470 2 місяці тому

      Dude, politicians are almost all sociopaths with 0 empathy. While they're watching that video, all they
      will be thinking about is the large sums of $$$ donated to their PAC's to keep them in power receiving
      those fat paychecks, killer benefits and eventual life long pensions. The politicians are immune to empathy
      or human suffering. Municipal workers, firefighters, EMS and a very small police force with a small mayoral
      office and city planning commission that people have to vote on first before implementation is all the government
      modern society needs to day. Instead, we get 1/3 of our total workforce working in some type of tax payer funded
      position. America cannot possibly continue on for much longer.

    • @Inquisitor2024
      @Inquisitor2024 2 місяці тому +6

      Like they give a damn

    • @d1p70
      @d1p70 2 місяці тому

      It was the GOP that killed the bill. Usual suspects... Yet poor white folks love their orange jesus😂

    • @occamsshavecream4541
      @occamsshavecream4541 Місяць тому +2

      Yes, and too bad it couldn't be broadcast before the presidential election,

  • @afterhourscinema782
    @afterhourscinema782 2 місяці тому +972

    Corporations truly ruin EVERYTHING, don't they???

    • @cdevidal
      @cdevidal 2 місяці тому +3

      Especially when they collude with government to craft regulations to crush the little guy. Ugh

    • @TheSmark666
      @TheSmark666 2 місяці тому +19

      Perhaps the answer is for individuals being screwed over by corporatism to fight back with corporatism. You have the absolute right to create, erect, found, and incorporate your own corporation. Use the private statutes they lobby legislatures to pass against them.

    • @Your_mom736
      @Your_mom736 2 місяці тому +1

      Spoken from a corporate device, on a corporate platform on the channel supporting corporate unions.
      You all are the corporate problem. Corporate doesn’t exist without your unwavering support. ❤

    • @vgstb
      @vgstb 2 місяці тому +101

      @@TheSmark666 Poor people can't do that.

    • @cbdevidaljk1
      @cbdevidaljk1 2 місяці тому +52

      Especially when they collude with the gvt to pass regulations that crush the little guy. Ugh

  • @omniopen
    @omniopen 2 місяці тому +331

    My mom lives in a manufactured home community and I lived with her in it for a few years when I was a kid. It was sold to a large company a few years ago and they raised rents and I remember her telling me about some of her elderly neighbors who were on social security and Medicare that were forced out, absolutely despicable.

    • @Novastar.SaberCombat
      @Novastar.SaberCombat 2 місяці тому

      That's existence on Earth for ya. Only the wealthy can win. No exceptions.

    • @terrinewlon3258
      @terrinewlon3258 2 місяці тому +1

      Despicable and criminal.

    • @PhillipFelix-kw3zi
      @PhillipFelix-kw3zi 2 місяці тому +22

      It's just mean. Borderline cruel and unreasonable to treat people this way.

    • @doriandeutsch6060
      @doriandeutsch6060 2 місяці тому +1

      @@omniopen The same is now happening to us at Royalwood Estates Manufactured Home Park in Lynnwood WA! We have formed a new alliance group called, "Royalwood Residents Alliance" and are seeking legislation to help protect these parks and the 55+ seniors, the disabled and veterans who live here from a use and Economic Eviction! Please pray for us. We Need Help! 💜

    • @MsDsGarden
      @MsDsGarden 2 місяці тому +6

      Same elderly folks who were despicably cruel and hateful to others? What goes around, comes around.

  • @classicgamernl
    @classicgamernl 17 днів тому +5

    This happens worldwide! Big problem in the Netherlands as well!

  • @kmw8775
    @kmw8775 2 місяці тому +451

    My 90-year-old mother lives in a manufactured home that she bought 10 years ago. My sister lives with her, and between the two of them they manage well. They have a very nice house. The park they are in is run by a young man who has taken it over from his parents, who ran it for years. The lot rent has gone up over the years, but only in proportion to actual costs rising. The park is very well maintained, they enforce standards to keep it looking good, and she is very happy there. It will be a disaster if one of these private equity firms buys out the lot owner and raises her rent significantly.

    • @homelessmillionaire1
      @homelessmillionaire1 2 місяці тому +28

      It's going to happen, prepare and look to move as though it has already happened

    • @kmw8775
      @kmw8775 2 місяці тому +41

      @@homelessmillionaire1 It might not. The young man who's running it now it takes his parents' experience very much to heart. The family is well regarded and they make a decent living. Sometimes people realize they don't need more than that. Especially when they are not anonymous to their customers, but interact with them regularly. At any rate, they will stay there as long as they can, and hopefully that will be the rest of their lives.

    • @mikew466
      @mikew466 2 місяці тому +19

      Probably not an if but a when. Your mom will probably not face this crisis, but your sister likely will.

    • @cosmicllama6910
      @cosmicllama6910 2 місяці тому +14

      @@homelessmillionaire1 Where is there to go when this is literally country wide and all housing? They won't stop until we say enough

    • @markfreeman4727
      @markfreeman4727 2 місяці тому

      @@kmw8775 problem is they may force him to sell, i know one crazed money mogul thats suing farmers who wont sell him their land

  • @roxiewatters1161
    @roxiewatters1161 2 місяці тому +406

    I absolutely hate greed! With every fiber of my being!
    Just think about how beautiful life could be if we treated each other with kindness, dignity and compassion

    • @addictcar69
      @addictcar69 2 місяці тому

      Can send me money and don't be greedy 😅😅😅😅

    • @whiteingale
      @whiteingale 2 місяці тому +2

      😂

    • @happyappy19931
      @happyappy19931 2 місяці тому

      Do you mean like the Democrats do? No thanks.

    • @habbadabbado5765
      @habbadabbado5765 2 місяці тому

      Blame millennials for the greed then, as they own more homes than private equity firms.

    • @Jimraynor45
      @Jimraynor45 2 місяці тому +3

      Greed is a part of life and it's necessary for existence. Keep in mind, there is a lot more at play here than just greed.

  • @terrinewlon3258
    @terrinewlon3258 2 місяці тому +435

    I live full-time in an RV park in Quartzsite, Arizona. We have investors buying up parks. They hire 'managers' who harass the tenants to force them to leave. Many cannot afford to move their rig to another park. Once it is abandoned, the park owns it and rents it out. It's disgusting. We have 2 state laws for protection, but no one enforces the law. Please visit us in Q. We have over 65 RV parks and several low-income residents. We need you!

    • @katiebice3905
      @katiebice3905 2 місяці тому +48

      I live on SS. When I moved in 7 yrs ago my rent in a 55 & older mobile home park was $740 a month here in North Phoenix. 2 yrs after I moved in, the private owner sold it to a corporation. Since, my rent has gone up every year. This year I just got a notice my base rent will go up $98 a month. PLUS they are now making me pay an EXTRA $25 pet fee per dog. So starting Nov 1, my rent will be $1375 a month. I LIVE ON $1500 A MONTH SS. I have less than 2 months to try to find something affordable. Since I have 2 dogs, I need a home or mobile home. I AM SO DAMN ANGRY. I started looking online and the prices are out of bounds. What is worse, is at least 1/3 of the spots are empty or the home has been for rent or sale for THE ENTIRE YEAR in the park.

    • @TomSarelas
      @TomSarelas 2 місяці тому +12

      Need a non-urban form of rent control. Might help? They're multi-family communities, without any vertical facet. I'm no liberal, but clear abuse is clear abuse - regardless the political stripes. TFS

    • @Novastar.SaberCombat
      @Novastar.SaberCombat 2 місяці тому +18

      The wealthiest always win. No exceptions.

    • @IndigoStarrAz
      @IndigoStarrAz 2 місяці тому +8

      I get out to Quartzite once a year. I just went to that yuuuge RV show in February. Nice people out there.

    • @suzanlund999
      @suzanlund999 2 місяці тому

      Don't vote for anyone with a background in real estate.

  • @scorpionqueen66
    @scorpionqueen66 16 днів тому +6

    As a Black woman who's worked for over 20 years as a EKG tech until 2020, and I'm still struggling to live and pay my bills, the American dream has NEVER EXISTED for me and most Black people!!! If I could afford to leave America, I would leave without any hesitation!!! But I can't afford to leave, so I'm stuck here until I die in poverty and debt!!! Death is preferable now for me personally, and I'm not ashamed to say it!!!!

    • @spikemoss-m1s
      @spikemoss-m1s 2 дні тому

      You are worthy of comfort and happiness, even though that sounds completely impossible for you -- completely understandable, and you're not wrong to feel so deeply disillusioned and desperate. I'm very sad to read of your personal experience, some of which I also feel (stuck here, dying alone, broke and broken), but certainly not the institutionalized racism of your experience -- I am so very sorry for you and the millions who've suffered for so long. I'm an elderly white guy, money has never been a reason to be alive for me -- although I've always worked and paid my bills -- and for now, I'm barely getting by. Yet the plight of the poor everywhere, indigenous people, black people, brown people, almost all people, and the miraculous environment we all need to survive, is always on my mind. Please find all the love and support you possibly can, as I also understand feelings of abject grief and sorrow for the poverty and disenfranchisement of so many of us, for the billions of humans exploited by capitalism, rendered expendable in its insatiable greed, injustice, and its insane absence of compassion and respect for all the living. You are worthy, and I'll not forget you in my activism and commitment to a better life for all. Perhaps seek compassionate support through a local church or organization, such as the American Friends Service Committee?

  • @ImahSillyGirl
    @ImahSillyGirl 2 місяці тому +609

    These protections should be ACROSS THE BOARD, in EVERY state.

    • @tw8464
      @tw8464 2 місяці тому +8

      You're absolutely right

    • @boristheamerican2938
      @boristheamerican2938 2 місяці тому

      Some states vote republican so thats not going to happen is it?

    • @ONYX-365
      @ONYX-365 2 місяці тому +5

      Every Country 🌍

    • @feydrautha80
      @feydrautha80 2 місяці тому

      these protections with no effect?

    • @boristheamerican2938
      @boristheamerican2938 2 місяці тому +2

      you vote republican so no way

  • @Vanderearden
    @Vanderearden 2 місяці тому +550

    Yet another example that America isn't a democracy, and absolutely everything is a commodity that can be purchased, including people.

    • @alexsmith-ob3lu
      @alexsmith-ob3lu 2 місяці тому +21

      America is a vast corporation, not a sprawling empire. Everything is incorporated.
      Building a high society is an infinite game, not a “depreciating asset.”

    • @johnnychipello919
      @johnnychipello919 2 місяці тому +9

      A dictatorship

    • @c.l.montoya2972
      @c.l.montoya2972 2 місяці тому

      @@Vanderearden
      As long as you have the right to vote, it is still a Democracy. The problem is GREED and STUPID and/or GULLIBLE PEOPLE. Vote while you can, this may be your last chance. Then you’ll really have something to b!tch about.

    • @Vanderearden
      @Vanderearden 2 місяці тому +21

      @@alexsmith-ob3lu: No doubt that America is a corporation, but I'd argue its also an empire. Over 800 admitted military bases globally. American corporations headquartered around the globe. At least 28 nations are client states of the U.S... That sounds like the definition of empire to me.

    • @Vanderearden
      @Vanderearden 2 місяці тому +25

      @@johnnychipello919: Actually, America is a fascist, plutocratic police state.
      A dictatorship means an individual runs the show. Like a monarchy. America isn't like that. Multiple entities run America, but for the same end and means.

  • @henryjustin1049
    @henryjustin1049 Місяць тому +84

    Sold our 2nd home back in 2023 because being on a fixed income…we could not afford the insurance, taxes and upkeep on two places anymore.
    We had several big companies contacting us about buying it. We ignored them completely and sold it to regular people!

    • @bellasue02
      @bellasue02 Місяць тому +13

      Thats what we need to do but most people will take the money.

    • @juneyshu6197
      @juneyshu6197 28 днів тому +2

      thank you

    • @Вася-ш3щ
      @Вася-ш3щ 27 днів тому +2

      One can only hope that these ordinary people are real and do not work for those companies.

  • @endtimeslastdays7777
    @endtimeslastdays7777 19 днів тому +7

    These corporations are straight evil

  • @PJWestfield
    @PJWestfield 2 місяці тому +243

    Those groups doing their "investor tours" were truly dispicable. Something must be done about private equity companies in this nation.

    • @TheVitamin421
      @TheVitamin421 2 місяці тому +29

      right, they were all posing for a picture in front of the mobile homes they are gonna price people out of! they are disgusting.

    • @nettewilson5926
      @nettewilson5926 2 місяці тому

      Nothing will be done except to make it easier for private equity to exploit people

    • @boristheamerican2938
      @boristheamerican2938 2 місяці тому

      It wont be because you will vote for Trump.

    • @paulzammataro7185
      @paulzammataro7185 2 місяці тому +8

      Ghouls!!!

    • @boristheamerican2938
      @boristheamerican2938 2 місяці тому +3

      @@TheVitamin421 I dont understand the long term value of doing this except for putting numbers on a piece of paper and extrapolating them out. If you price people out your going to wind up with empty lots, enough of those and your losing money.

  • @AlexMorgan4live
    @AlexMorgan4live 2 місяці тому +1553

    Its been three years since I retired, and while inflation has made it challenging to maintain my lifestyle and even worse when I lived in the city, relocating to the countryside has helped to manage better, its lonely, as most of my friends and family are still in their routines but It's been easier to stretch my savings and hopefully, I won't outlive it.

    • @GLADIATOR-tz7yt
      @GLADIATOR-tz7yt 2 місяці тому +5

      I’m nearing retirement myself, and I had similar concerns. I started investing much later than most, and just relying on ETF compounding wasn’t cutting it for me. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $4 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now

    • @AlexMorgan4live
      @AlexMorgan4live 2 місяці тому +2

      I’m trying to figure out the best approach for my portfolio. How did you find your advisor? I feel like I need that kind of guidance

    • @GLADIATOR-tz7yt
      @GLADIATOR-tz7yt 2 місяці тому +1

      I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you.

    • @AlexMorgan4live
      @AlexMorgan4live 2 місяці тому

      Thanks for that. I did a quick search and found her page. I was able to email so I sent over a few questions to get more info. Appreciate you sharing

    • @croswellianprincess3590
      @croswellianprincess3590 2 місяці тому +8

      Good luck with that plan. I found living out in the sticks to be more expensive. Food costs, gas, propane. Have to drive at least a half an hour to get anywhere. And trying to find capable medical care that is more knowledgeable than the local vet can be a challenge.

  • @winterwonderland1154
    @winterwonderland1154 Місяць тому +229

    Oh yeah, the “American dream”. You mean, the “American dream for the 1% oligarchy”

    • @healingsoul13
      @healingsoul13 Місяць тому +7

      Coming soon : American Hunger Games!

    • @winterwonderland1154
      @winterwonderland1154 Місяць тому +7

      @@healingsoul13 the author talked about how she based it on television of seeing poverty and war on one channel and then a glamorous fashion show on the next channel. She based it on real life. Ain’t no coming up next, we are already living it.

    • @candlestyx8517
      @candlestyx8517 Місяць тому +8

      Socialism for the rich, rugged individuality for everyone else

    • @generaleerelativity9524
      @generaleerelativity9524 29 днів тому +1

      Yeah, cause you gotta be asleep to believe it.
      ~ George Carlin

    • @juneyshu6197
      @juneyshu6197 28 днів тому

      And subsidized immigrants.

  • @glennhopkins2643
    @glennhopkins2643 19 днів тому +7

    The American dream is dead. The American nightmare is alive & well.

  • @gratefulagoraphobe
    @gratefulagoraphobe 2 місяці тому +195

    Politicians, governments allowed this to happen. In Ireland, they buy entire housing estates and rent back to Irish at huge cost. These are foreign, US and Canadian, pension funds. Ordinary people are priced out of the market, and have to pay colossal rents meaning they can't save. All allowed by our government. It's disgusting

    • @ofAwxen
      @ofAwxen 2 місяці тому +26

      That's feudalism

    • @gratefulagoraphobe
      @gratefulagoraphobe 2 місяці тому +23

      @ofAwxen we live in the neo feudalism age. I live in a tiny house, I don't buy crap I don't need and I'm grateful for what I do have. The only power we have over these oligarchs is consumer. Don't believe you need more to be happy, don't buy their crap

    • @zyansheep
      @zyansheep 2 місяці тому +4

      There is an easy solution to fix all of this. The government just needs to tax land.

    • @gratefulagoraphobe
      @gratefulagoraphobe 2 місяці тому +3

      @@zyansheep in Ireland, more than a quarter of government ministers are private landlords... so that will never happen

    • @waltergrace565
      @waltergrace565 2 місяці тому

      @@ofAwxen It's called the ponzi scheme of bureaucracy. It has to eventually engulf everything to survive.

  • @daviddobarganes9115
    @daviddobarganes9115 2 місяці тому +431

    Evicting the elderly is violence

    • @MRkriegs
      @MRkriegs 2 місяці тому +4

      ??? 😂😂😂

    • @raymondhardie3880
      @raymondhardie3880 2 місяці тому

      Also, think about this; The supreme court just recently ruled that it is legal for government entities ( cities, townships, counties,and states ) to make homelessness illegal activity. What the hell is the mindset of our government that allows a system to make people homeless and then make them criminal for that condition ? Our leaders are all insane and psychopathic fools driving this nation into oblivion.

    • @thinkandrepent3175
      @thinkandrepent3175 2 місяці тому +13

      100 💯 agreed

    • @apprentice661
      @apprentice661 2 місяці тому

      @@MRkriegsit’s fairly simple. Evicting a demographic who will struggle to find work and affordable housing leads to an inability to keep up with healthcare, mental health issues that can eventually affect physical health, and ultimately leading to quicker mortality rates. That is violence

    • @animaladvocate8938
      @animaladvocate8938 2 місяці тому +18

      It's inhumane

  • @thetinysideoftiny7625
    @thetinysideoftiny7625 2 місяці тому +252

    I live in a mobile home community in AZ. Encore bought it in 2016 from private owners. Since that time, my rent has SKYROCKETED over 220%! It has significantly impacted my quality of life. When all of your income goes directly to housing, there’s nothing left over to have a life. They raised the yearly rent another $1,000+ for 2025 and now residents have to pay for garbage, internet, and basic cable which was included in prior years. Also, we are now required to our own yard work, which again was included in prior years. Upsetting to see an 80 year old neighbor on her hands and knees pulling weeds. Corporate rent gouging and greed in its most disgusting form.

    • @customcalendars4u2
      @customcalendars4u2 2 місяці тому

      All those things you mentioned rent & contractional agreements assure that people won't be able to keep up with being priced out in the future and in conjunction to not being able to physically maintain your property grounds therefore; making the tenant non-compliant which assures corporations/they're partners in crime "Governments" that the land will soon be abandoned so that they can forge ahead with whatever the plan is for it, like is happening around the world. At the end of the day it's about getting better control over the people who soon won't be able to make any decisions for themselves; the writings on the wall and has been for a long time. Blue states, Red states, Black, white, brown, yellow (with the exception of those who travel light years to help out earth) Christian or Muslim are in the same sinking boat; the plan is complete total dominance over humanity. They're professional instigating of turning people against each other with wars, racism and poverty the powers that be have caused us to be so distracted that now even if your eyes are starting to open it's TOO LATE to stop the plan! The good news is nothing last forever, not even your pain and suffering it is only for a short while. Spiritual battles cannot be defeated by man....

    • @TheFailingHumanExperieme-ge4ov
      @TheFailingHumanExperieme-ge4ov 2 місяці тому

      Ismerica was a good growth story for many decades because Jooish and WHTE executives only sought to exploit cheap labor overseas, like Nike. However, Ismerica is no longer growing, it's in decline. Stock market highs are artificial, and if AI works as well as everyone wants it to, 10,000s of jobs will be lost. The final nail in the coffin is this video: wealthly whtes and joos are turning and exploiting their own for profits.
      Renounce your USA citizenship before they take that right away from you. BlackRock, Goldman, etc. are coming for you next.

    • @SonnyCrocket-p6h
      @SonnyCrocket-p6h 2 місяці тому +1

      boohoo. Move into a van, as I posted above, ZERO cost for housing, utilities, food or commuting. Presto, problem fixed. $3000, at most, from a private seller on Craigslist or FaceBook.

    • @Navs126
      @Navs126 2 місяці тому +49

      @@SonnyCrocket-p6hWTF! You are the problem. Move into a van?! What is your deal. I don’t want my grandparents living in a van. What a senseless thing to say.

    • @truthreigns3465
      @truthreigns3465 2 місяці тому

      Lay off the meth

  • @JackieFrame-cy5wi
    @JackieFrame-cy5wi 18 днів тому +8

    Affordable housing?? Lot rent is 600 to 1,400 a month.........

  • @kellyfeger
    @kellyfeger Місяць тому +148

    They are preying on the poor. And shocker - they get the highest revenue off it in the real estate industry. Goes to show that just like Bernie said, "it's expensive being poor."

    • @kingjoseph5901
      @kingjoseph5901 Місяць тому

      They will come after the middle class next, then the upper class. Its all orchestrated. You will own nothing and be happy.

  • @rjc7289
    @rjc7289 2 місяці тому +150

    The way these corporations are preying upon and putting the squeeze on the poorest of the poor is beyond obscene! If I had to pay through the nose for a dilapidated trailer house, dirty tap water, non-functioning pool and deserted community center, I'd be royally pissed too! Any guy who can buy and sell dozens of mansions like it's no bid deal while his tenants are facing eviction deserves a special place in hell!

  • @slowpainful
    @slowpainful 2 місяці тому +141

    Canadian here. We also suffer similar abuses due to the increasing financialization of housing (treating housing as an investment, rather than a human right). How many times have we been assured that "the market will provide affordable housing" (!) when the most cursory glance at conditions reveals this to be a blatant lie. In Toronto, the ending of any kind of rent control has meant that the average rent for a one bedroom apartment is now $2400 per month. Our provincial government thinks building single family homes in the suburbs is "affordable housing". It is all about greed, urban sprawl and profits over people.

    • @wisesaint2
      @wisesaint2 2 місяці тому +1

      You need to vote Turdo out of office. I'm sorry. I mispelled the name. It's Trudeau

    • @PeterGeci
      @PeterGeci Місяць тому +6

      Tents in parks are the new affordable housing sad but reality. I am also Canadian in Ontario

    • @angelainamarie9656
      @angelainamarie9656 Місяць тому

      What these people have proven to me is that the market can't do ANYTHING right or fairly and we should abolish capitalism.

    • @donaldjamesderrick
      @donaldjamesderrick Місяць тому +4

      Canada is an unsurvivable hellhole for many people today. I'm glad I escaped, and can send remittances to help the people I care about who are still trapped in Canada.

    • @FrothingFanboy
      @FrothingFanboy Місяць тому +1

      ​@@donaldjamesderrick If you don't mind my asking, what country are you in now? Why would it be any better than Canada, when the problem is to be found in every part of the western world? People are going to have to double up instead of living alone, that is the reality.

  • @renatobianchi65
    @renatobianchi65 18 днів тому +6

    "I hope I will not wake up tomorrow" America today for the average person.

  • @TellTruthWV
    @TellTruthWV 2 місяці тому +131

    This is outrageous!. I pray that all of these communities win, and that this highway robbery and abuse will be stopped.🔥

    • @guydaley
      @guydaley Місяць тому +3

      Praying isn't going to cut it. You should see the lot rents in Phoenix, AZ for mobile home owners. And of course the lot rent makes their mobile home worthless. The lot rent precludes them from ever selling their home. Lot rent is commonly in the $800-$900 range. And of course, its worse in CA, OR, WA

    • @janetalvarez7600
      @janetalvarez7600 Місяць тому +1

      Amen 🙏🏻

    • @cstuartdc
      @cstuartdc Місяць тому +1

      You have to THREATEN legislators unfortunately. I don't mean with violence. . .but paint a picture of homeless people all milling about in their hi falootin' business districts, panhandling people on the way to work. Appealing to their sense of right and wrong won't work. Never does.

  • @admhad
    @admhad 2 місяці тому +181

    This is happening with my mother's community. 1 month after she downsizes into a manufactured home in a 55 plus community north of Pittsburgh, private equity buys the community, raises lot rent by over 40% and starts passing previously covered utilities like water and trash to the tenants.

    • @tw8464
      @tw8464 2 місяці тому

      Exactly. That's what the "trickle down" criminals are doing to many Americans. Many elderly are in these parks and are being ruthlessly exploited by the filthy rich and at a time it's hardest where they are on fixed incomes and can't do anything like they could when younger. It's crazy the government is allowing this

    • @eksbocks9438
      @eksbocks9438 2 місяці тому +18

      They know that Pittsburgh is inexpensive too.
      Anything to make life difficult for people who are already struggling.

    • @BuildNewTowns
      @BuildNewTowns 2 місяці тому +9

      Its a messed up world :/

    • @admhad
      @admhad 2 місяці тому +12

      Yeah, we find a solution to handle her tightening budget, I buy a modular home in a nice community and have it remodeled for her. I was happy to do it so she could maintain her independence and self sufficieny. She moves from her high rent apartment, expecting a $450ish monthly fixed cost and bam, price increase most of the way back to her old rent and I have thousands invested in the building so now we're committed long term. It's like the video said, it's hard to get out of these places without a significant cost.

  • @Mitzi73
    @Mitzi73 2 місяці тому +312

    Only families and citizens should own homes. Corporations as well as investors from other nations should not legally be considered individuals or citizens. Our courts NEED to rule on this.

    • @newlife8318
      @newlife8318 2 місяці тому +10

      What proportion of homes do Blackrock and Vanguard own in America?

    • @emilyfeagin2673
      @emilyfeagin2673 2 місяці тому +18

      Good idea but we need to pass laws. In light of the Supreme Court criminalizing homelessness. I don’t have much faith in the courts

    • @AdamLeite
      @AdamLeite 2 місяці тому +13

      I disagree with "families and citizens". Many people do not have families but are citizens who worked for their homes. What I strongly disagree with is the government giving border crossers that benefit at the cost of letting US citizens go homeless.

    • @takethesquid
      @takethesquid 2 місяці тому +5

      ​@@AdamLeite that's a silly disagreement, citizens with or without families is just fine. I'm not sure about the foreigner bashing you speak of, but if you have any evidence instead of unproven hearsay I'm all ears

    • @AdamLeite
      @AdamLeite 2 місяці тому +3

      @@takethesquid Sorry, it was the person I responded to who said that "only families and citizens" should own homes. That is what I disagreed with. Kamala Harris has been promoting and more recently, Nancy Pelosi has endorse that $25K should be given to the recently arriving migrants so they can purchase their homes.

  • @pha2623
    @pha2623 26 днів тому +1

    Here in the Uk we have an equivalent, it’s called Leasehold. It could be a caravan or a house or a flat but the land it’s on is privately owned and ‘leased’ to the owners of the property.
    Exactly what is happening to you is also happening to us!
    If you can afford it don’t buy a leasehold property.

  • @lonelylad9818
    @lonelylad9818 Місяць тому +193

    The problem with this country is that it pretends to fight poverty but actually just fights poor people. It takes away all options for the poor and leaves luxury as the only choice, and nobody can afford it. We tear down cheap "ugly" apartments and build fancy ones.

    • @epursimuove1633
      @epursimuove1633 Місяць тому +4

      I feel like they’re pretty honest about not giving af. Politicians will say anything anywhere but how many people do you know that actually cares enough to do something?

    • @lonelylad9818
      @lonelylad9818 Місяць тому +2

      @@epursimuove1633 They're all villains.

    • @rosethorne9155
      @rosethorne9155 Місяць тому

      And those fancy apartments--excuse me, "luxury condominiums"...they sit empty for years before a few of them get bought up. But the building is NEVER full to capacity...
      (I really think a lot of those building projects are just money laundering schemes, and that city governments are in on it...)

    • @CK-hu8vz
      @CK-hu8vz Місяць тому +7

      Agree. Plus, these so-called "fancy" ones look pretty and shiny but are built with cheaper materials and will deteriorate earlier.

    • @rosethorne9155
      @rosethorne9155 Місяць тому

      @@cyggy63 They've been doing that over the last 10 years, in the city I live in. 😞

  • @tropicalbreeze-hh3sh
    @tropicalbreeze-hh3sh 2 місяці тому +179

    This is DEPRESSING NO DOUBT. And a lot of us are heading straight down that path and it’s terrifying. It feels like no matter how much you try and save or invest something happens at the convenience of the government and boom your 2 steps forward takes a 3 steps back direction. Take care everyone, God bless you all. Aloha!

    • @rasunsoter
      @rasunsoter Місяць тому

      The only G.O.D. that is blessing ANYONE, is GOLD, OIL and DRUGS!

    • @froggy0162
      @froggy0162 Місяць тому

      You watched this and you think the government is the problem…? Wow, Americans really are not that bright

    • @djdrews
      @djdrews Місяць тому +1

      This isn't government.This is private equity investment firms. The average person needs to make sure their elected representatives know that private equity should be stopped. This is where PEOPLE become the government. "We, the People of the United States of America..."

    • @djdrews
      @djdrews Місяць тому +2

      There are more of us than them. We must organize.

  • @TheCrimsonRanger
    @TheCrimsonRanger 2 місяці тому +310

    A company like this had my grandmas bank account on auto-pay. They charged her rent this month, after she had already passed. The private equity firm that owns the park took extra time processing the title so they could charge a dead woman who survived off social security and food stamps.

    • @christophersmith2470
      @christophersmith2470 2 місяці тому +49

      That's pure psychopathy

    • @pm8617
      @pm8617 2 місяці тому +32

      That's criminal. Go get the greedy b's

    • @Resultsnottalk
      @Resultsnottalk 2 місяці тому +30

      The lowest form of life.

    • @privateAcc0unt
      @privateAcc0unt 2 місяці тому +21

      That is disgusting pure evil. I am sorry for your loss.

    • @Behind_the_Wall_of_Sleep
      @Behind_the_Wall_of_Sleep 2 місяці тому +23

      I'd say they are vultures but that would be an insult to vultures who perform a valuable and necessary role in this world. Perhaps parasites? The world has become so atomised and transactional.

  • @oibal60
    @oibal60 Місяць тому +2

    Yup. She nails it.

  • @nicolasbenson009
    @nicolasbenson009 2 місяці тому +1380

    The housing market is inflated and oversaturated with homes being on the market with astronomical price tags just stagnant for months. It is very clear that our generation will be likely one of the most devastating bubble pops in modern history. Seeking best possible ways to grow 250k into $1m+ and get a good house for retirement, I'm 54.

    • @ChristianKelv
      @ChristianKelv 2 місяці тому +3

      I don't think here is the place for personalized investment guidance. However, I suggest consulting with a reliable advisor like Azul to ensure appropriate retirement planning.

    • @ClarkeGriffiny7
      @ClarkeGriffiny7 2 місяці тому +2

      I’m closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in over 80% profit than some of my peers who have been investing for many years. Maybe you should consider this too

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx 2 місяці тому +3

      I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

    • @ClarkeGriffiny7
      @ClarkeGriffiny7 2 місяці тому +2

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @JohnSmith060
      @JohnSmith060 2 місяці тому +2

      Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @tadroid3858
    @tadroid3858 2 місяці тому +228

    I managed the manufactured housing stock for a county auditor for 6 years. It won't take much of an increase to push people out of these parks. It's horrible. They are displaced at the absolute worst time in their lives.

    • @thebombu
      @thebombu 2 місяці тому +22

      Sickening.

    • @Praisethesunson
      @Praisethesunson 2 місяці тому +14

      Kicking people when they are most vulnerable is monstrous behavior for flash and blood humans. It's also a guaranteed to be financed business model for the corporate persons the courts care about.

    • @rosesmith6208
      @rosesmith6208 2 місяці тому +5

      what is sad my hubby worked for almost 60 years paid into the system and they are talking of decreasing social security, I want a refund.

    • @emilyfeagin2673
      @emilyfeagin2673 2 місяці тому +5

      And those vultures know that
      And they most likely find it amusing

    • @thebombu
      @thebombu 2 місяці тому

      @@emilyfeagin2673 They consider themselves superior
      And they fully believe only they're deserving

  • @Nick-fi1mc
    @Nick-fi1mc Місяць тому +101

    "there is no American dream anymore, it's just survival"
    Wow, she hit the nail on the head

    • @meganann3876
      @meganann3876 Місяць тому +2

      That hit me hard too.
      Have you ever seen ‘Requiem for the American Dream’?

    • @Nick-fi1mc
      @Nick-fi1mc Місяць тому

      @@meganann3876 I have not

    • @meganann3876
      @meganann3876 Місяць тому

      @@Nick-fi1mc I can’t share a link but you can watch the trailer. Noam Chomsky can be controversial but ‘Requiem …’ and ‘Manufacturing Consent’ are unbiased topics.

    • @spikemoss-m1s
      @spikemoss-m1s 2 дні тому

      Again, that's a new concept to you??? What rock have you been living under for the past several decades? Anyone paying attention to the trajectory of neoliberal capitalism saw this coming, at least since the 1970s, accelerated under the proto-fascist Reagan, adopted by the Bushes, the Clintons, Obama, and Biden, and now transformed into fascism under Trump.

  • @Arnold-ic9jg
    @Arnold-ic9jg Місяць тому +1084

    Housing crisis, health crisis, financial crisis, cost of living crisis, debt crisis, inflation crisis, Middle East crisis. How many crises can we endure? As I approach retirement with a solid financial cushion, I'm anxious about a potential banking crisis. Is private equity a good option to grow my money securely? Any guidance in this regard would be much valued.

    • @williamJohnsonq8f
      @williamJohnsonq8f Місяць тому +2

      I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra

    • @AaronTilt
      @AaronTilt Місяць тому +4

      Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me by far beat the retirement age before 65.

    • @camille_ann3
      @camille_ann3 Місяць тому

      I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?

    • @AaronTilt
      @AaronTilt Місяць тому +1

      The advisor am currently working with is Judith Lynn Staufer. I came across her in a Bloomberg interview for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.

    • @Joeknowsball247
      @Joeknowsball247 Місяць тому

      excellent share, Just looked up her name and spotted her consulting page ranked top. after reviewing her credentials i reached out to her.

  • @DavidMoore987
    @DavidMoore987 2 місяці тому +105

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @GottaStenberg
      @GottaStenberg 2 місяці тому +1

      I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

    • @BobVienckowski
      @BobVienckowski 2 місяці тому +6

      In the 80's my Dad worked a modest job, Mom stayed at home and raised the kids, and they lived a nice middle class lifestyle including owning a home. Nowadays both I and my partner works and can barely afford to make ends meet. Soon the kids and family dog will need to work to keep this household going. It's the destruction of the American dream right before our eyes.

    • @ChrisOBrien1171
      @ChrisOBrien1171 2 місяці тому +1

      If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation

    • @NorwoodGuernsey
      @NorwoodGuernsey 2 місяці тому +3

      I was a late bloomer, but Tracy Britt Cool Consulting, my financial advisor helped me bring it all together and got me into crypto. Now retired for 6 years at 72, my managed portfolio with Tracy generates about 9k a month on average more than my RMD on my retirement accounts. Not real big, but together with SS we're able to live reasonably with 160k a year. While being mortgage free.

    • @NorwoodGuernsey
      @NorwoodGuernsey 2 місяці тому

      She is really a good investment advisor. Was privileged to attend some of her seminars.that's how I started my own crypto investment

  • @randykrus9562
    @randykrus9562 2 місяці тому +130

    Corporations should not be able to buy homes. Period.

    • @rosesmith6208
      @rosesmith6208 2 місяці тому

      well corp are owned by people and people are allowed to buy homes, they will just do so in a different way, the problem is not private equity the problem is with the people who are greedy dont love God or neighbor or Gods standards of right and wrong. who forget we are in the last days of this wicked world. their money will be thrown into the streets when Gods day arrives. people think you face judgement after you die, nope we are in a judgement period right now, judgement is based on peoples response to the Good news being preached and taught right now. people just have not paid attention, matthew 24:14 God evaluates peoples response to this goodnews of his kingdom (government)

    • @robertfrye-kk2qy
      @robertfrye-kk2qy 2 місяці тому +4

      That would be anti-Semitic; not happening.

    • @danielc6106
      @danielc6106 2 місяці тому +6

      ​@@robertfrye-kk2qyWhat are you on? 🙄

  • @blacktara3936
    @blacktara3936 5 днів тому

    Growing up, our dads worked, mom stayed home and had a few kids. We lived in decent, solid homes, with manicured lawns, vegetable gardens, pets. We ate well and wore nice clothing. We went on occasional vacations and had bountiful Christmases. We felt safe & secure. Hurts me so deeply that today's children will never know such a lifestyle.

  • @solesticia
    @solesticia Місяць тому +283

    Housing is like eating, it's a basic need.
    What kind of society treats human beings this way?

    • @emmaandersson9015
      @emmaandersson9015 Місяць тому +36

      Your precious United States of America, The land of The free.

    • @SquidCena
      @SquidCena Місяць тому +22

      Corporations and western society treats human beings this way.

    • @KyleEvra-15
      @KyleEvra-15 Місяць тому

      Wage Slaves are nothing but Wage Slaves to them.

    • @priscillawilson2634
      @priscillawilson2634 Місяць тому

      capitalist = literally money before people

    • @alexxx4434
      @alexxx4434 Місяць тому +15

      Capitalistic society, duh!

  • @arrowhead455
    @arrowhead455 2 місяці тому +188

    Storage facilities are the next target. The storage companies are going up $50/unit with only 30 days notice and no reason. Just greed.

    • @cybervigilante
      @cybervigilante 2 місяці тому +17

      That's because a lot of people are living in storage units. That's not a fiction. I knew a guy who lived in them.

    • @Tipperary757
      @Tipperary757 2 місяці тому +9

      Yes, agree totally. People get trapped + storage fees double in 4-6 months.

    • @BlueToronto
      @BlueToronto 2 місяці тому +5

      Yeah, the greed is insane. I started renting a place in Canada in September of 2021 for about $145 a month. By this year it had gone up to $211. I ended up having to downsize. I just can't stand greed like that.

    • @jeromebreeding3302
      @jeromebreeding3302 Місяць тому +5

      I feel you're pain. Storage facilities raise rent every year, just like apartments. I call paying the rent"paying the ransome" for my possessions.

    • @AlphaJ369
      @AlphaJ369 Місяць тому

      There is a giant one being built right now by Sacramento. They are confirming the housing crash and subsequent foreclosures and need for storage.

  • @herbert6611
    @herbert6611 Місяць тому +52

    I’m 43 and disabled, I draw $943.00 a month. I can’t afford a rent, I’m sleeping on someone’s couch. I’m terrified of being homeless yet I’m heading that way. The cheapest rent in my area is $1,200.00 for a trailer, I can’t afford that! “ There’s no America dream anymore, all it is survival. “ she nailed it!

    • @Kattakam
      @Kattakam Місяць тому +4

      Does your brain still function? Are you creative or smart enough to do more with your life than watch tv or sleep 12 hours a day. Can you support your community to gain new friends and skills? I lived in a rented room for $400 in the military because my family was in a different state. I had to pay all the taxes and rent for that area and pay for my small bedroom just to support our government to keep everyone safe. I had no car and barely enough to eat on - luckily the base had a food court which I lived off $10 a day on food. I did this for a year because I had to. Today I have pain pump and spinal stimulators and still have to provide. How I did this and continue is I don’t watch TV, I don’t go out, I just work and come home in extreme pain, work using my brain on projects. What happened in the past sucks but it had to be done. Today I know what I did helped countless others to live in a free nation. So take the money you get for free, and work to better yourself.

  • @victorialn63
    @victorialn63 11 днів тому

    Good for Holly; no one should have to fight for a “livable place.” Thank you for doing it.

  • @EcoFarmFL
    @EcoFarmFL 2 місяці тому +233

    They profit off of people's pain and still manage to eat and sleep well..hmmm..sounds like demons to me.

    • @GeorgeJefferson-h7w
      @GeorgeJefferson-h7w 2 місяці тому

      That's why you see all these ads on tv for sleep medications. They can't sleep. Some are addicted to making money and can't take a break to sleep. Other's can't deal with what they've done but can't stop. The love of money is the root of all evil.

    • @PhantomCookie87
      @PhantomCookie87 2 місяці тому +11

      You got that right.

    • @Fancysymbol
      @Fancysymbol 2 місяці тому +10

      certainly not human

    • @PhantomCookie87
      @PhantomCookie87 2 місяці тому +8

      @@Fancysymbol certainly pure evil

    • @emilyfeagin2673
      @emilyfeagin2673 2 місяці тому +13

      They congratulate themselves for being smart and hard working instead

  • @annerison-g2w
    @annerison-g2w 2 місяці тому +310

    This is why we have homelessness. And of course, the corporate press is not covering any of it. And the government has been complicit since Ronald Reagan

    • @christophersmith2470
      @christophersmith2470 2 місяці тому

      Ummm, no. When I was in my 20's in the 1990's almost all apartment complexes and mobile home parks
      were individually or locally owned. This all started under W Bush in the early 2000's and Obama did NOTHING
      to stop it when he took the reins.

    • @5thdimension954
      @5thdimension954 2 місяці тому +9

      It goes way back before that. Obviously you didn’t read 1984

    • @imilliemedina666
      @imilliemedina666 2 місяці тому +12

      Way before Reagan

    • @Professor__S
      @Professor__S 2 місяці тому +7

      In the future tiny homes and pod buildings like they have in Japan will be the standard of housing.

    • @OldHeathen1963
      @OldHeathen1963 2 місяці тому

      ​@@Professor__S
      Reagan ruined everything.

  • @friskecrisps8038
    @friskecrisps8038 2 місяці тому +185

    “I don’t know what I’m going to do. Hope I don’t wake up tomorrow.”
    This is truly sick that people are being forced into this mindset that death is the better option than being put into debt or becoming homeless

    • @Praisethesunson
      @Praisethesunson 2 місяці тому +26

      You'd think a country with so many guns your corporate overlords would face more frequent consequences for this ghoulish behavior

    • @limemime565
      @limemime565 2 місяці тому

      The corprate overlords bought better g​uns@@Praisethesunson

    • @Backinblackbunny009
      @Backinblackbunny009 2 місяці тому +5

      ​@@Praisethesunsonexactly! What happened to vigilante justice?

    • @Praisethesunson
      @Praisethesunson 2 місяці тому +3

      @@Backinblackbunny009 Carnage didn't start funding all those library's until after someone tried to get him.

    • @erkinalp
      @erkinalp 2 місяці тому

      @@Backinblackbunny009 that one is illegal, sadly owning guns don't equate to using them without consequences

  • @UwOtt
    @UwOtt 18 днів тому +2

    5:20
    They don’t even try to hide it. Chilling.

  • @terrihartbarger
    @terrihartbarger 2 місяці тому +373

    This is why America has a homeless issue. Corporate greed is out of control!👿

    • @zyansheep
      @zyansheep 2 місяці тому +5

      Greed is not the problem! Corporations are not the problem, individuals can do this too! The problem the fact that anyone with money can buy land and hold on to it while extracting rent from anyone who wants to use their land. *We need a land value tax to fix this!*

    • @MHolt-t6y
      @MHolt-t6y 2 місяці тому +13

      Yet we keep reelecting the politicians that serve the corporate lobby money.

    • @SVmathfarmer
      @SVmathfarmer 2 місяці тому +1

      That’s the foundation of USA ❤❤❤❤. Wealth is created by transferring it from large groups to smaller groups. Socialism is the antidote - but not in USA❤

    • @chucksucks8640
      @chucksucks8640 2 місяці тому

      I support corporate greed

    • @nes96
      @nes96 2 місяці тому +4

      ​@@SVmathfarmer why are you using heart emojis for this topic ?

  • @eksbocks9438
    @eksbocks9438 2 місяці тому +190

    Imagine doing everything right for 50 years. And it somehow isn't good enough.
    Always trying to gentrify the entire country. And our country's neighbors too.

    • @MrDCMiami
      @MrDCMiami 2 місяці тому +20

      "If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - Tommy Jefferson

    • @newlife8318
      @newlife8318 2 місяці тому +3

      Brilliant stuff! Got any more to post explaining this please?

    • @MsDsGarden
      @MsDsGarden 2 місяці тому +3

      Imagine doing that for 400+ years w/o pay and still told to just get a job!

    • @JenniferLloyd-h9g
      @JenniferLloyd-h9g Місяць тому

      This isn't gentrification; this is destruction of the poor. These slumlords don't even keep the parks in repair.

  • @N2MyGroove
    @N2MyGroove 2 місяці тому +134

    As a native Floridian, I’ve lived & witnessed this experience, as a renter. What a gut punch after a Pandemic. “Freedoms” my ass

    • @kudanavadmont1242
      @kudanavadmont1242 2 місяці тому +9

      Freedoms for the Rich.
      Socialism is a rich tool. They open banks, we put our money in. Banks use our money to loan to other people. Protecting the rich persons money and then lending us our money when we need it. But if there is any sort of error or whatever, depending on the bank you could lose all your money. But the rich person who backs the bank, is fine.
      Rich people get so much for free. They spend a week at burning man, leaving money behind and relying on trade and socialism.

    • @SomeCajunDude
      @SomeCajunDude 2 місяці тому +9

      @@kudanavadmont1242 Capitalism is the tool of the rich, fool. Capital is wealth.

    • @chihirostargazer6573
      @chihirostargazer6573 2 місяці тому +4

      ​@@kudanavadmont1242 Socialism? Really? Socialism is out there saving people from the effects of capitalism. Food banks are socialism....money banks are absolutely not.

    • @kudanavadmont1242
      @kudanavadmont1242 2 місяці тому +4

      @@chihirostargazer6573 Banks are not socialism for us. Rich people use them to protect their money with our money.
      "Socialism for the rich and capitalism for the poor" is a classical political-economic argument asserting that, in advanced capitalist societies, state policies assure that more resources flow to the rich than to the poor, for example in the form of transfer payments.

    • @Fishflorida59
      @Fishflorida59 2 місяці тому

      @@chihirostargazer6573No it isn’t, socialism makes the elites richer and screws the poor even more. Example: Bernie Sanders, millions in wealth and many mansions all while screaming socialism is the answer! Please 🙄

  • @paultrump7630
    @paultrump7630 11 днів тому +120

    I got out of the real estate investing market about a year ago. I think it's time to get into the stock market but what's the best strategy to invest around 200K in this current market?

    • @CrystalJoy-32
      @CrystalJoy-32 11 днів тому +2

      It's wise to seek expert assistance when beginning your financial portfolio. market is volatile, so professional guidance is so important..

    • @joynerberth7864
      @joynerberth7864 11 днів тому +1

      Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.

    • @WilliamsJoy-t7q
      @WilliamsJoy-t7q 11 днів тому +1

      I've recently sold some property and am interested in investing in stocks, I'm seeking guidance. could you refer me to your advisor

    • @joynerberth7864
      @joynerberth7864 11 днів тому

      Amy Lea Kohlert is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @whiteknightcat
      @whiteknightcat 11 днів тому

      Private prison corporations.

  • @JeomaCk
    @JeomaCk Місяць тому +249

    🌹I think the retirement crisis will get even worse. A lot of people can't save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won't have a house to retire with either

    • @Quinaline
      @Quinaline Місяць тому

      I completely agree; I am 60 years old, recently retired, I have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is GENIUS! (Alvarez Harry Flectcher) is a Blessing to Me

    • @EthanDavis-c5q
      @EthanDavis-c5q Місяць тому

      Wow 😲amazing to see here who trade with Alvarez Harry Flectcher too he is good with and on his job. He has helped a couple of families finances, I thought I'm the only one investing with him here

    • @Draish-l2b
      @Draish-l2b Місяць тому

      Talking of been successful I think I'm blessed if not I wouldn't have met someone who is as spectacular Mr Alvarez

    • @CharlieLavoie-hu9dr
      @CharlieLavoie-hu9dr Місяць тому

      You don't have to be surprised, That's exactly his name( Alvarez Harry) so many people have recommended highly about him I'm huge beneficiary of his platform from Brisbane Australia 🇦🇺

    • @Brielle77-p4h
      @Brielle77-p4h Місяць тому

      Having a perfect manager like Mr Alvarez has save me alot it's high time I do what's is right and recommend him to vervonel

  • @pudanielson1
    @pudanielson1 Місяць тому +138

    Imagine being destroyed by private equity and then voting for people who give these people tax breaks.

    • @supertoshaful
      @supertoshaful Місяць тому +8

      My point exactly

    • @twentyarms
      @twentyarms Місяць тому +12

      That would be both parties though, so who would you vote for?

    • @rulaj1
      @rulaj1 Місяць тому +3

      @@twentyarms just going to write this. I'll be voting Green Party.

    • @georgesunday9855
      @georgesunday9855 Місяць тому

      Calvin Coolidge said: The business of America is business. Democrats and Republicans alike are guilty in aiding and abetting these people for years, hence the mess we’re in now. It just gets worse because it’s allowed to grow and fester like a disease, with no one willing or able to stop it.

    • @paulasmall5113
      @paulasmall5113 Місяць тому +1

      Some people dont know thow to connect the dots. Smh

  • @travist.7279
    @travist.7279 2 місяці тому +62

    Corporations and foreign investors should not be allowed to own residential property. Eliminating that, along with "mortgage-backed securities" would go a long way to solving the housing-price problem.

  • @Lommy9999
    @Lommy9999 28 днів тому +2

    Neither candidate is going to make this better. The system is broken. Extreme capitalism is making life hell for the working class. The future is rich vs. poor.

  • @burnindownthehouse
    @burnindownthehouse 2 місяці тому +127

    I live in a massive manufactured home community. It's a city of manufactured homes. It's an actual city with streets and a sewer system and a government. They're not like old school trailers, they are manufactured homes. There is no lot rent. The lot and home are both owned as one. There are many home owners here, but there are also many renters here, too. So anyway, the rents for these places were like $500 per month about a dozen years ago. But what has been happening is when a homeowner sells their home or they pass away, the home ends up getting bought by a corporation who intends to rent the home out, and the corporation is often a corporation from another state. Then they go into the home and do repairs. Sometimes they do good repairs, but often they just put a new coat of paint on it. They don't fix the roof or put in a new AC or put in new floors or put in new plumbing. Sometimes they might put in new appliances. Then they put it up for rent at $2000. Then a family usually moves in quickly because that family is in a tough spot and can't afford to rent a concrete block home for $3500 per month. So they end up paying $2000 per month just for an older manufactured home which needs repairs. The wages around here are low and definitely don't support that price, so the family sometimes gets evicted after just one year. It's really sad. That situation is common here, too.

    • @one4blondes
      @one4blondes 2 місяці тому +3

      What state is this?

    • @duckens2001
      @duckens2001 2 місяці тому +6

      Who is running the community? Who determines snow removal and community buildings? Do you have a group like an HOA, but for your manufactured home community?
      This "HOA" needs to make rules of no renting. The owner must live on site. (You can rent out a room in your trailer, but you must be present as the owner).

    • @artofgloom
      @artofgloom 2 місяці тому +14

      Black Rock is in this business. They say by 2030 you won't own anything and you'll be happy. I don't know about the happy part but they aren't fooling around us not owning anything.

    • @Behind_the_Wall_of_Sleep
      @Behind_the_Wall_of_Sleep 2 місяці тому +10

      We will soon become generations of refugees in our own countries. It would be better to invest in a campervan than a "mobile home". I can't afford to retire. If I'm lucky, I'll work till I drop. I have this constant feeling of dread and an urge to sell most of my possessions, in order to lighten the load (the way a pilot jettisons fuel when there's the chance of a crash).

    • @JenniferLloyd-h9g
      @JenniferLloyd-h9g Місяць тому +1

      ​@@Behind_the_Wall_of_Sleep Everything you wrote is exactly how I feel 100%. I have this urge to drop all the balls I'm trying to juggle in the air. This feeling of dread is overwhelming and I sometimes wake up at night choking. It's fast becoming impossible to even exist anymore. I've begun letting go of thoughts of things I believed I needed. My life has whittled itself down to food and shelter and medicine. When something like shoes wears out, I'll buy a cheap pair. I'm learning Depression Era cooking. Waiting for the bottom to fall out though.

  • @BestoftheBest-oz4ei
    @BestoftheBest-oz4ei 2 місяці тому +100

    Not just for housing...look what Private Equity Firms have done to once beloved companies like Sears, Toys R Us, etc. The come in, saddle the company with debt that they can never repay and then pick apart it's carcass bit by bit!

    • @beachdweller3378
      @beachdweller3378 2 місяці тому +12

      Right on. And the bankers give them the money to do it as well.

    • @lazerrhino
      @lazerrhino Місяць тому

      ​@beachdweller3378 and our govement bailed out all of these shitty companies during the pandemic. Not even the govement cares.

    • @lainiwakura1776
      @lainiwakura1776 Місяць тому

      No, K-Mart killed Sears through mismanagement, that wasn't private equity.

  • @lynnjr457
    @lynnjr457 2 місяці тому +63

    I have been saying it for 2 years, the single biggest thing we can do to free up affordable housing and get a handle on a rental prices is to push private equity out of owning single family homes. I'm not a huge fan of government regulation, but this is one place I would have no problem setting a boundary that only private individuals can own single family homes, and even then there should be a reasonable number of homes you can own.

    • @christinek2182
      @christinek2182 Місяць тому +7

      I agree- large corporations should not be allowed to purchase single family homes and small investors should be restricted to the number of homes they are allowed to own- we had a man in my town owned 450 homes and they were all shitholes- there needs to be some regulating with this

    • @Nachoeverywhere_
      @Nachoeverywhere_ Місяць тому

      Funny to see “freedom fighters” talk about socialist measures. Capitalism is not perfect. It only leads to greed and rich accumulation.

    • @mavic2175
      @mavic2175 Місяць тому +4

      Same thing with healthcare.

    • @biner01
      @biner01 Місяць тому

      But then GDP would go down... and apparently GDP going up means our economy is doing well.

    • @adeeperlook5866
      @adeeperlook5866 Місяць тому

      Agreed. Agreed. Agreed.

  • @1cristalj
    @1cristalj 5 днів тому

    Excellent reporting!

  • @leslieannvanhumbeck7630
    @leslieannvanhumbeck7630 Місяць тому +109

    I'm Canadian, but I hate this world. It's so cruel and greedy. I want to get off.

    • @Exposedpokeymon
      @Exposedpokeymon Місяць тому +8

      A men brother it's absolutely terrible

    • @Funlady8890
      @Funlady8890 Місяць тому +6

      I agree
      too bad it is not like before in the 1900
      Where people helped each other and where everything was safer

    • @cg4646
      @cg4646 Місяць тому +6

      this has happened in Canada as well..most rent in almost every "city" has doubled in less than 10 years .homeless issues in canada is a major issue and government is paying lip servise to fixing it..this Private equity stratagy is happing in most western countrys now.

    • @BurleyBob0010
      @BurleyBob0010 Місяць тому +4

      A world changing event is coming!

    • @Halfpastlife
      @Halfpastlife Місяць тому

      @@BurleyBob0010+1

  • @maritzadillingham4008
    @maritzadillingham4008 Місяць тому +103

    This is horrible ! It needs to stop ! Greedy corporations! Shame on these private equity firms! Shame on you!

    • @Fat12219
      @Fat12219 Місяць тому +4

      Maga money 💰

    • @marvelouslife1309
      @marvelouslife1309 Місяць тому

      I don't know if you've noticed, but Republicans today, they don't know that word. Or ethics. Or morals. And the Republican voters don't know the word decency as well

    • @hello-im
      @hello-im Місяць тому

      Its not surprising since most of the CEO/share/investor holder either jew or chinese.

  • @stacyhochstein6145
    @stacyhochstein6145 2 місяці тому +91

    This is happening where I live. Manufactured homes were suppose to be affordable housing. Now seniors disablled or retired are facing rent increases that price them out of their homes. Rents so high slow private sales basically trapping us. Seniors are the highest percentage of homelessness and suicides. No one in the U.S. should allow seniors to come to a choice of homeless or suicide. Stop the corporate takeover of affordable housing and give the seniors the dignity to retire without financial ruin.

    • @Ercan-cy3we
      @Ercan-cy3we Місяць тому +6

      Parasites will always look for new opportunities

    • @trudybarnhart2423
      @trudybarnhart2423 Місяць тому +3

      They lease they made me sign says I need to give them 3 months notice before I sell. And pay them 1000.00 if I'm on lease. Which they make you sign.
      Lot rent was 330.00
      Now its 550.00.

    • @stacyhochstein6145
      @stacyhochstein6145 Місяць тому +3

      @@trudybarnhart2423 Thats sad. Greed is the new norm at the expense of those who can't afford. Our lot rent went to 850 and they no longer do yard maintenance or tree work leaving on elder residents who are financially strapped. The street lights in here light for about 60 seconds before turning back off and we have a Cayote problem killing the park cats. They also wont allow residents to go to clubhouse during violent storms here on west coast Florida. New resident pay 1050. in lot rent. It's a sin.

    • @stevrgrs
      @stevrgrs Місяць тому

      @@stacyhochstein61451050 for a mobile home park is insanity

    • @YeshuaKingMessiah
      @YeshuaKingMessiah Місяць тому +1

      Why do seniors get dignity when poor young ppl don’t?
      Or middle age ppl?
      Old ppl don’t get anything for being old.
      Except here they get subsidized income 🙄 just because they’re old. My aunt got SS and had hundreds of thousands. And she got Medicare! But poor families can’t get any income or Medicaid unless they literally have nothing.

  • @windrider23
    @windrider23 17 днів тому +2

    Don't forget that many pensions are invested in private equity firms. So the very pension check these people receive could be from the firm owning the trailer park.

  • @norbertgabler8267
    @norbertgabler8267 2 місяці тому +95

    European here: I've been there, visited the country and came to the conclusion that I didn't want to live in the US even if you would pay me big bucks to do so. The people there no longer know any limits when it comes to taking advantage of others. All aspects of life are just about money money money and money only. Everything revolves around the God of money. One day they will suffocate from their greed for money.

    • @dead2802
      @dead2802 2 місяці тому +5

      Sooner than they think!

    • @JudyGoodwin-l9b
      @JudyGoodwin-l9b 2 місяці тому +6

      Mind if I jump across the pond and join ya? 😉😁🌍😂🤪🤣😎

    • @meaganelli943
      @meaganelli943 2 місяці тому +10

      American here >> Oh how I feel your sentiments. It can feel like it's crushing you. The only thing keeping me afloat is my faith and thankfully I live a beautiful life here with God somehow providing what I need in the midst of said pressure! I am so blessed by Him and him alone.

    • @paulm749
      @paulm749 Місяць тому +1

      @@tamhiker1 Try to accept that a lot of people see reality a bit differently than you. Respectful coexistence is something we all need to strive for.

    • @barrywainwright3391
      @barrywainwright3391 Місяць тому +3

      More than 50% of my mortgage payment goes on interest, my property taxes are going up 10% and homeowners insurance is going up 28.75%. Some food prices have doubled.

  • @dpatton924
    @dpatton924 2 місяці тому +141

    More Perfect Union... Please do a story on this situation: I live in a rent restricted 55+ apartment complex in Stafford, VA. Bought by Blackstone and now the rents are going up crazy every year. Many people have already had to move. Idk who has ended up on the streets. No end in sight. 😢 We don't even know how to check to see if they are raising rents above the restrictions. Most of us live on SS and/or are disabled.

    • @07wrxtr1
      @07wrxtr1 2 місяці тому

      Yet - women will happily marry these private equity losers….
      Nothing has changed since Adam & Eve

    • @IMeMineWho
      @IMeMineWho 2 місяці тому +7

      Call your city government. Vote. Attend your city council meetings. A lot of times, companies if they are checked by the city, can be in big trouble if they evict seniors or the disabled.

    • @dpatton924
      @dpatton924 2 місяці тому +3

      They aren't evicting. People are just leaving because they can't pay the rent anymore. As l said, many are disabled, including myself. Idk if I have the mental, physical, or emotional wherewithal to pursue meetings or to be an advocate for all of us. That's why I was asking them to do a story on our situation.