The Housing Crisis - If You Don’t Know, Now You Know | The Daily Show
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Top Comments (10)
That 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!!!
One thing Trevor didn't mention is when these companies buy up these homes to rent out they charge high rents. What is going to happen is people won't be able to afford to rent or buy and we get a very large homeless population or a strain on government assistance programs.
i feel bad for any young family trying to purchase a home.
Yeah, this is insane. I sold my house last year, then bought a smaller one, but still large enough for our family of 5. The price difference paid off the mortgage entirely, but now my new house is worth more than the old one! But more importantly, when I sold I got 26 offers in a weekend. 18 of them were corporate buyers. I threw those out, including the top 2 offers, and sold to a real couple.
Okay but then there’s also an issue with apartments rental prices. Apartments are also no longer affordable. Everywhere, all over the country, they are price gouging. The cost of rent is more than a mortgage and apartments are supposed to be the affordable option. We’re on the verge of a total collapse.
I’m 28, my GF is 26. We both moved back in with our parents at the beginning of Covid when job hours were being cut. Been trying to find a place together forever and that date keeps getting pushed back with this housing pricing mess. It feels like we and many others of our generation will never have a home.
They told us to work hard and save our money and buy a house. When we go to buy the house the same people who told us to buy a house have already bought the house
We should all just squat in the homes that the big corporations bought hahaha
this story enrages me, it's so unfair. these companies buy homes every hour like its nothing, while most of us have to make peace with the fact that we will never be financially stable enough to even come up with the money for a down payment.
Incredibly important topic, and it's been getting little to no attention. Imagine the wave of homelessness with no protection for people and no consequences for "Corporate Landlords"
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Top Comments (10)
That 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!!!
One thing Trevor didn't mention is when these companies buy up these homes to rent out they charge high rents. What is going to happen is people won't be able to afford to rent or buy and we get a very large homeless population or a strain on government assistance programs.
i feel bad for any young family trying to purchase a home.
Yeah, this is insane. I sold my house last year, then bought a smaller one, but still large enough for our family of 5. The price difference paid off the mortgage entirely, but now my new house is worth more than the old one! But more importantly, when I sold I got 26 offers in a weekend. 18 of them were corporate buyers. I threw those out, including the top 2 offers, and sold to a real couple.
Okay but then there’s also an issue with apartments rental prices. Apartments are also no longer affordable. Everywhere, all over the country, they are price gouging. The cost of rent is more than a mortgage and apartments are supposed to be the affordable option. We’re on the verge of a total collapse.
I’m 28, my GF is 26. We both moved back in with our parents at the beginning of Covid when job hours were being cut. Been trying to find a place together forever and that date keeps getting pushed back with this housing pricing mess. It feels like we and many others of our generation will never have a home.
They told us to work hard and save our money and buy a house. When we go to buy the house the same people who told us to buy a house have already bought the house
We should all just squat in the homes that the big corporations bought hahaha
this story enrages me, it's so unfair. these companies buy homes every hour like its nothing, while most of us have to make peace with the fact that we will never be financially stable enough to even come up with the money for a down payment.
Incredibly important topic, and it's been getting little to no attention. Imagine the wave of homelessness with no protection for people and no consequences for "Corporate Landlords"