With multiple office locations in Metro Detroit and Ann Arbor, The Perna Team is an extension of EXP Realty and has been in business since 2010. Michael Perna, founder and CEO of the Perna Team began his real estate venture in 2001 and has grown The Perna Team into Southeast Michigan's top performing real estate team, serving over 1000 families with their real estate needs each year. With over 100 licensed real estate professionals and more 5-Star ratings than any other real estate team or professional in the state of Michigan, The Perna Team is an ever growing company that strives to get families into their dream home.
Call us today for any and all of your real estate needs @ 248-221-2777
If you're considering making a move anytime in the next year and would like to schedule a FREE consultation, visit calendly.com/michael-pernateam/home-consultation
Stupid government regulations. The more they obstruct housing regulations the higher the price, the higher the scarcity and the deeper the crisis. I live in Argentina, with a monthly wage of 200uss/ month. renting, not buying a house is unaffordable. Even though our salaries are worthless, housing here are as much expensive as it is in there. You want cheaper houses? Then 1. Allow builinding in vertical. 2. Stop stupid neighborhood's code zones. 3. Stop taxes, all houses are overpriced by taxes. 4. Protect privateproperty, no rigths for house intruders
The Powers that be realized that giving people too much financial freedom would lead to less profitable and unfavorable conditions for supply and demand. If people made too much money they tax you, if too many people made too much money, the economic structure collapses. Enter the stock market. You need people to continually spend money in order to keep the machine going. The best way to keep people partially under control outside of tax is land. People making too much per capita means you would see less big brands being prominent, which threatens the major players in virtually every market. The way of life set by the big players is now in jeopardy. Advertising, entertainment, even the health and food industry is affected.
@@MichaelPernaTV when in my comment did I mention I was even talking about your video, and yes Biden has absolutely had an impact on high rent these days. I know from experience
@@JakeScott-ke3sh the comment itself, it’s on the video, good question. What impact did any of the last 7 presidents have on rents? I do know the answer btw
@@MichaelPernaTV you’re going to go off a static that is easily obtained by the internet, I will give you first hand real world everyday experiences. If I cared enough about a statistic answer I’d do the research and tell you you’re answer to me, at the end of the day we are a bunch of monkeys that really know nothing about anything. Both political parties are corrupt to all hell. But RU-vid comments are also worthless and go nowhere 99% of the time so have a good day
I see all these posts talking about how to play the system and im like the system is designed the way it is. Why dont we just literally do something different or just make a new better way of doing business.
Make it illegal to rent out houses and most people won’t even need to move. Also make it illegal to build apartment buildings in established neighborhoods. Renters fuck it up for everyone
the main reason is bc private agencies are buying houses and demanding outrages terms and prices for the living space in that area like seriously why is the price of a 2000 sqft house different between states or even zip codes this is sucha dysfunctional system that is ultimately gonna make a lot of people homeless they are forcing a problem that doesnt need to be there they need to unionize the housing market so livable rent could be a thing also make it less easy for a single company or private citizen from owning so many different properties without proper care and maintenance thats required for upkeep
I live in Great lakes vacation town in MI. Add in Chicagoans and this completes our experience house hunting. We were sick of loosing houses to the similar offers, so we finally got stupid. Luckily, the house we won didn’t have anyone else as ridiculous as we were.
The people who are trying to sell houses, and the people who are trying to organize for Mao-ist action against landowners are pointing to the same data. That's weird, right?
The people we have trying to sell homes right now, are ones with a need. Baby on the way, divorce, relocation etc, otherwise they’d hold onto that low rate. Makes sense?
@@rrrrthats4rs those are some of the issues people selling homes have. They have to go somewhere. I’m a great example of it. I want to move but don’t need to move. I have a 2.75% interest rate, the next home would be 7% so I’m not selling, furthering the problem with less homes on the market. Does that make sense?
@@rrrrthats4rs why? Why wish ill will on anyone? And they won’t be btw, no one ever is when it comes to real estate over a long enough time (the house I bought in 2007 at the peak is almost double in value now than it was then) That’s the one thing we can always count on right?
Raising prices doesn't makes more money, if a rent is like 2k and the owner rises it at 2,5k the person can't pay leave the house, and it keeps empty for just 2 months, annually he will receive 20k, but if was a reasonable increase like 100 bucks, will gets over than 25k because the increase it will lose 5k.
The variable unaccounted for is either that the person won’t go with the rent increase or that they’ll raise it to a rate that causes it to go untended. I just had a 8 year tenant paying 1800 per month leave one of mine. Great family so I didn’t really raise rents (200 over 8 years) I put it up for 2500 before the tenant moved out & had 75 applications in 3 days. Does that make sense?
@MichaelPernaTV sadly today isn't an option. I'm in the middle of a divorce so I'm waiting until that is over in case my exwife wants to pull any funny business
It’s scary knowing that black rock is affecting Detroit too. I kinda just thought everyone ignored us. In this case it’s unfortunate that they're affecting us too
I’m sure the answer lies in voting in the Republican Party. They will surely help us poor folk over those hedge funds that buy up all that real estate.
