The Housing Market - If You Don’t Know, Now You Know | The Daily Show
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Top Comments (10)
"It's called the American Dream because you have to be asleep to believe in it" -- George Carlin
We spent nearly a year throwing bids at houses. Usually, 3-4 properties a week. We were out bid every time by 60-70% above list price by corporate buyers aiming to turn them into rental properties. When every 150k property bids up to 250k, house hunting starts to feel like an effort in futility. We only managed to get lucky on our house because the seller would only deal with local banks to block the realestate vampires. These companies need to be reigned in or America is going to become rent only for the vast majority.
As a millennial, I’ll count myself lucky if I can still afford my rent in the years to come.
We were prepared for a future that doesn't exist. I'm 35, work 50 hours a week and I can't even afford my rent half the time. This was not supposed to happen
The tradition of children doing better financially than their parents is over...gone. We are living in a different reality now. It's sad. My heart goes out to the young people just starting out.
It's a sobering moment when you realize that you have a better chance of dating Pete Davidson than owning a home.
Gas prices from $3.20 to $5 a gallon , grocery from $120 to $150 a week . Homes from $300k to $500k. wages from $14 to $15. LOL
It should be illegal what these wall street firms are doing. A handful of companies monopolizing basic needs should be included in antitrust law
This is why I always destroy signs that say “we pay cash for homes” like it’s my civic duty.
As a young person on their own trying to buy a house and not even trying to get the best thing out there, this is really depressing
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Top Comments (10)
"It's called the American Dream because you have to be asleep to believe in it" -- George Carlin
We spent nearly a year throwing bids at houses. Usually, 3-4 properties a week. We were out bid every time by 60-70% above list price by corporate buyers aiming to turn them into rental properties. When every 150k property bids up to 250k, house hunting starts to feel like an effort in futility. We only managed to get lucky on our house because the seller would only deal with local banks to block the realestate vampires. These companies need to be reigned in or America is going to become rent only for the vast majority.
As a millennial, I’ll count myself lucky if I can still afford my rent in the years to come.
We were prepared for a future that doesn't exist. I'm 35, work 50 hours a week and I can't even afford my rent half the time. This was not supposed to happen
The tradition of children doing better financially than their parents is over...gone. We are living in a different reality now. It's sad. My heart goes out to the young people just starting out.
It's a sobering moment when you realize that you have a better chance of dating Pete Davidson than owning a home.
Gas prices from $3.20 to $5 a gallon , grocery from $120 to $150 a week . Homes from $300k to $500k. wages from $14 to $15. LOL
It should be illegal what these wall street firms are doing. A handful of companies monopolizing basic needs should be included in antitrust law
This is why I always destroy signs that say “we pay cash for homes” like it’s my civic duty.
As a young person on their own trying to buy a house and not even trying to get the best thing out there, this is really depressing