Why has it become so hard to buy a home in America? If you don’t know, now you know. #DailyShow
Su
Why has it become so hard to buy a home in America? If you don’t know, now you know. #DailyShow
Su
I’ve played this board game!!!
Replymake vacant landlords illegal.
ReplyPrices are exploding everywhere, even in Europe.
Replyhasn’t this been posted last year?
ReplyThat company that owns over 30,000 family homes is a big part of the problem, that should not be legal. America is the best at creating a problem or allowing problems to develop because of corporate greed and then calls it a crisis. Corporate greed is the crisis!!!
ReplyAnd it doesn’t matter where you go – big city, suburb, or small town. We’re trying to buy a home in a smaller city of less than 100k population (not even close to any major city and in a very miserable climate). Much of it is lower income, parts of the town are very poor, but we are lower income too. We’re not rich people going in to take advantage of the place. Well…. the same houses that were $80K-$90K a handful of years ago are $200K now and rising. And they’re all selling for all cash. Just because you’re approved for a mortgage means nothing anymore because you’re competing with all cash, waiving inspections, buyers not even looking at the property in person, etc. Our realtor said most of the buyers’ cash (regular people, not corporations or Wall Street) is coming from inheritances, 401ks, parents refinancing their own home and giving their kids the extra money, and obviously the sale of their previous home. There are even buyers taking out bank loans for the cash. If you’re like us and you’ve never owned a home and don’t have enough cash assets (yet we are perfectly approved for a mortgage) you might as well forget about it until things cool down… if they ever do. I fear that the place we’re trying for will be the next “hot spot” to move to because of its natural landscape, which the wealthy city dwellers are oddly salivating over — We’ll see how they like these small communities in a couple of years. I grew up in a small rural town – city slickers will get bored soon enough. That’s nice they work at home and can move out of the city, but that WFH will allow them to move back to them too. Just give it time.
ReplyBlack rock is steeling all the homes so they can rent them
Replywho here is waiting for Trevor to make a video about Will Smith and Chris Rock?????
ReplyAt 39 yoa. I bought a house that the HUD department couldn’t sell from a church they gave it to. I am an Ironworker with skills and over the last 28 years I rebuilt the house and added several structures including a 2 story building with 4 rooms. My house is worth way more than I could sell it for but I with my own hands built my own dream home and have no desire to go anywhere else.
ReplyImagine pretending to care about racism, but you’re hosting the Grammy’s the same year they’re being boycotted by black artists over racism?
Trevor Noah is a fraud.
ReplyIsn’t this released already?
ReplyShouldn’t you also consider the number of housing units that are now devoted to the hospitality industry via Airbnb or Vrbo, for example?
Reply1.8 million for a house in Cali. That’s cheap. A normal House in Denver are routinely going for close to that.
ReplyWall Street should be prohibited from buying houses. Why do we just watch corruption flourish?
ReplyIt needs to be illegal
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