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AG suing Arizona landlords for 'corrupting' market, colluding to keep rents high 

12 News
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Arizona's attorney general claims owners of apartment complexes in Phoenix have colluded with a software company to inflate rental prices.
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26 авг 2024

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Комментарии : 3 тыс.   
@msgoogle4565
@msgoogle4565 5 месяцев назад
This is happening all over the USA, not just Arizona
@user-cr1iz8fw6h
@user-cr1iz8fw6h 5 месяцев назад
Yep. Very true. They got sued in San Diego too but other states seem to be quiet.
@GeneralHawk505
@GeneralHawk505 5 месяцев назад
@@user-cr1iz8fw6h America is a shadow of its supposed very thing its up against.
@duancoviero9759
@duancoviero9759 5 месяцев назад
​@@user-cr1iz8fw6h well yes politicians are also investors as well....
@b_uppy
@b_uppy 5 месяцев назад
Yes, but at least AZ is doing something about it.
@Terrathrax
@Terrathrax 5 месяцев назад
@Joe-no7gs Yet, I haven't heard our president mention it.
@CameronFussner
@CameronFussner 4 месяца назад
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
@fadhshf
@fadhshf 4 месяца назад
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
@leojack9090
@leojack9090 4 месяца назад
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of financies and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
@hasede-lg9hj
@hasede-lg9hj 4 месяца назад
Personally, I can connect to that. When I began working with Amber Angelyn O'malley a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
@hasede-lg9hj
@hasede-lg9hj 4 месяца назад
For you to grow your portfolio in today's market, you really need to be coachable and willing to get off your high horses. I for example, have managed to grow mine from $150k to 300% of my initial deposit within the past 8 months just by copying trades from a broker that has better skillset and technical know-how than me.
@hasede-lg9hj
@hasede-lg9hj 4 месяца назад
I won't pretend to know everything, though. Her name is Sharon Ann Meny but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
@bettiraige3474
@bettiraige3474 5 месяцев назад
This is NATIONWIDE and should be handled the same way NOW!!
@zero0fnine
@zero0fnine 5 месяцев назад
Absolutely! Needs to happen now! In Tennessee!
@cstoomey
@cstoomey 5 месяцев назад
oh it will. just cause they outsource rental price setting to a third party doesn't change the fact that they all worked together thru the same third party to raise prices for everyone. brilliant lawsuit and theyll win. and of course the third party is incentivized to raise prices if they get paid by commission on the value of the rental
@someguy6762
@someguy6762 4 месяца назад
nope, if you don't like the rent raise, simple just move
@zero0fnine
@zero0fnine 4 месяца назад
When you don't have a car, live in a rural area or in an area outside the city limits and don't have any family around, moving is hellacious.
@someguy6762
@someguy6762 4 месяца назад
@@zero0fnine but that doesn't mean we force the landlord to rent a rent they feel is too low
@erikb89
@erikb89 5 месяцев назад
Too bad we can’t sue Zillow, Realtor, and others for doing the same thing in the housing market.
@snoopers360
@snoopers360 5 месяцев назад
Why not?
@davidlaney6153
@davidlaney6153 5 месяцев назад
Yeh it's a tough on the buyers, however the sellers aren't complaining....
@orppranator5230
@orppranator5230 5 месяцев назад
Blackrock, Vanguard, etc
@Angelface11
@Angelface11 5 месяцев назад
Yeah the housing market is insane. What usually costs $400 like for under $100,000 is now like $900 a month. And all the properties even in Texas where I used to look all the time that were like two to $300,000 are now over a million. It is just crazy. So pretty much everything in Texas with more than half an acre is in the millions of dollars and the property taxes each year on that are insane Because of the price of the house the property taxes every year cost you like 10 + $1,000 sometimes like $30,000 a year I mean come on that's somebody's salary per year. That's why everybody stop buying houses for a while except for the super rich. It's just insane.
@Angelface11
@Angelface11 5 месяцев назад
​@@davidlaney6153The sellers aren't getting any buyers with crap like that for houses
@robinsonfamily222
@robinsonfamily222 5 месяцев назад
I read the entire 54 page court document today. This is some deep stuff that has overtaken the entire country.
@_B.C_
@_B.C_ 5 месяцев назад
Fight back. You could do damage to the properties of landlords/ rent corporations that operate like this to keep them occupied. Shatter leasing office windows during a rainstorm. Press plaster or clay into keyholes for maintenance rooms. Slingshot lightbulbs etc.
@robinsonfamily222
@robinsonfamily222 5 месяцев назад
@@_B.C_ Sweetie, you're talking to yourself right? Go troll somewhere else. Please get from under my comment.
@terenarosa4790
@terenarosa4790 5 месяцев назад
​@@_B.C_ they'd just increase the prices even more to pay for damages.
@lynb1022
@lynb1022 5 месяцев назад
Can you please post the case name/other information so I can find it?
@_B.C_
@_B.C_ 5 месяцев назад
@@terenarosa4790 then people leave and they can’t get new tenants due to the high prices. It’s a war of attrition.
@katiebice3905
@katiebice3905 6 месяцев назад
My rent has gone from $740 a month to $1275 a month in less than 4 years!!!!
@jasoncupp1514
@jasoncupp1514 5 месяцев назад
So has everything else you've bought.
@janofb
@janofb 5 месяцев назад
Blame the Democrats in California. They're making it so bad there, people are flocking here.
@cydzview
@cydzview 5 месяцев назад
skill issue
@650gringo
@650gringo 5 месяцев назад
And if you voted democrat in the last election you are the cause of it.
@magesalmanac6424
@magesalmanac6424 5 месяцев назад
@cydzview Found the bootlicker 🤢
@leegalen8383
@leegalen8383 5 месяцев назад
Sounds like every state's Attorney Generals should be looking at this.
@zero0fnine
@zero0fnine 5 месяцев назад
What a great attorney general!
@Ev3rM0r3
@Ev3rM0r3 5 месяцев назад
Greystar and Weidner should be sued for this. They have corrupted the pricing market so bad here in Williston ND that what was a 700$ apartment is now 1200$. And thats for a single bedroom. Meanwhile the properties are 10 years old and falling apart or kept up poorly. Overun with dog feices, broken doors, ruined and muddy hallways, fans that are loud, and just a shocking amount of unveted people.
@josephgonzalez9371
@josephgonzalez9371 5 месяцев назад
You literally just described my town too 😂 here in yuma az it's the same but imagine dealing with that and the border and very high unemployment. I barley made it but I'm overpaying on rent because I have no choice my kids and family need a place
@maxwellhowell
@maxwellhowell 5 месяцев назад
I work for the company just below greystar in AZ and i fully confirm the above comments. UNVETTED people is alarming.
@DrewFordsendit
@DrewFordsendit 5 месяцев назад
It’s in every state
@someguy6762
@someguy6762 4 месяца назад
they can choose to raise rent as much as they like, and you don't have to stay....
@Ev3rM0r3
@Ev3rM0r3 4 месяца назад
@@someguy6762 That's advocating for people to always have to pay more or be homeless. There needs to be justification for the prices and constant increases. And there isn't which is why they are getting sued. Its collaborative price gouging. And that has always been illegal. Doesn't matter the front. be a better human being please, instead of whatever naive trash made the response you gave to me.
@FenrirsBite77
@FenrirsBite77 5 месяцев назад
Corporate landlords are out of control. Buying up all the properties to drive supply down, later renting high claiming its because of high demand.
@Novastar.SaberCombat
@Novastar.SaberCombat 5 месяцев назад
The rich have no rules. They may do as they wish. Ma$+3r$ and $l@v3$. That's just how it be.
@astridgalactic9336
@astridgalactic9336 5 месяцев назад
On top of that, requiring a household income of rent times three regardless of the renter's rental and credit history. Seniors and those who make low wages, which is over 50% of the country, cannot even qualify. Then you wonder why there are so many homeless across the country while illegals get it all for free on our dime. Plus, the poverty level is so artificially low that most of those people never qualify for any sort of assistance. There's a giant donut hole of those who don't make enough for housing, yet make too much to qualify for any sort of aid. Meanwhile, they are still paying taxes that fully cater to illegals who never paid in one red cent.
@Bingewatchingmediacontent
@Bingewatchingmediacontent 5 месяцев назад
Then they get a large amount of the population to feel sorry for them whenever laws are passed to try to protect tenants “boo hoo, I am being forced to treat humans like humans.” We all need to pool our resources and buy land, build tiny homes, and get out of rentals.
@elhugeo
@elhugeo 5 месяцев назад
@@Bingewatchingmediacontentthere’ll buy up the tiny houses too you genius
@LazySillyDog
@LazySillyDog 5 месяцев назад
Then on top of that there's been millions of iIIegaI aIiens pouring in to the country which further drives prices up. These corporations simply don't care about the average American just trying to live their life, they just want to make more and more money regardless of the effect it has on people
@NickAbbot.
@NickAbbot. 5 месяцев назад
Corporations need to be prohibited from owning residential property.
@TheAnnoyingBoss
@TheAnnoyingBoss 5 месяцев назад
Youre an iron fisted tyrant and your solution is not the solution
@WalkerOne
@WalkerOne 5 месяцев назад
You do know if this happened their would be no apartments worth more than $500k.
@jayt4801
@jayt4801 5 месяцев назад
​@@WalkerOneGood
@KEN4K
@KEN4K 5 месяцев назад
​@@WalkerOneno apartment should cost that much,it should be commodity accessible to anyone
@bodyemcal
@bodyemcal 5 месяцев назад
No appartmen other maybe a big metro city should be expensive. It should be a stepping stone living area at a reasonable rate so that a family can begin and eventually grow out of there. ​@@WalkerOne
@righteousbyfaithinChrist
@righteousbyfaithinChrist 5 месяцев назад
Applauding this AG for taking action. There are others in other states doing the same thing.
@someguy6762
@someguy6762 4 месяца назад
I applaud the apartments for raising rent to market value, make your investments profitable you are a not a charity
@lisawicks8205
@lisawicks8205 5 месяцев назад
After this report was filed by the Arizona Attorney General, The Department of Justice filed a statement backing the Attorney General and in support of tenants.. This is happening all over the country, and they had to know it, so why did it take the DOJ so long to say something about this?
@user-ex3lo7pk9j
@user-ex3lo7pk9j 5 месяцев назад
I dunno, why did they hide Hunter Biden's laptop? Lots of corruptions all across the country. the rot starts at the top.
@Runnifier
@Runnifier 5 месяцев назад
This is a housing cartel
@smplfi9859
@smplfi9859 5 месяцев назад
that's antisemitic
@someonenotnoone
@someonenotnoone 5 месяцев назад
​@@smplfi9859?
@dandre3K
@dandre3K 5 месяцев назад
@@smplfi9859yup ✡️
@cdivine011
@cdivine011 5 месяцев назад
That's why she called it a cartel in her speech.
@cdivine011
@cdivine011 5 месяцев назад
​@@smplfi9859please look up the definition of antisemitic and try again.
@J.Artan6
@J.Artan6 5 месяцев назад
George Carlin said it best “you don’t need a formal conspiracy when interests converge.”
@wlonsdale1
@wlonsdale1 5 месяцев назад
Yep. And now he's proven correct because there is a formal organization the bozo in the white house is part of.
@maleficent82
@maleficent82 5 месяцев назад
I miss George Carlin so much. Even today his material is still relevant. Proof he was right all along
@robertward8035
@robertward8035 5 месяцев назад
Explains MAGA chuds 😂😂😂😂
@jaep2495
@jaep2495 3 месяца назад
common sense overlooked by people desperate for an explanation
@carleewalsh5502
@carleewalsh5502 5 месяцев назад
Arizona is out here standing on business. Love to see it. ❤
@ChristopherAbelman
@ChristopherAbelman 4 месяца назад
My family and I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are absolute buys.
@FinnBraylon
@FinnBraylon 4 месяца назад
it’s a personal decision, but Forbes announced that housing activities will remain stagnant for the most part of the year, so maybe hold off a little.
@HildaBennet
@HildaBennet 4 месяца назад
there are Ai companies that are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.
@PennyBergeron-os4ch
@PennyBergeron-os4ch 4 месяца назад
this is all new to me, where do I find a fiduciary, can you recommend one?
@HildaBennet
@HildaBennet 4 месяца назад
“SONYA LEE MITCHELL” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up.
@HildaBennet
@HildaBennet 4 месяца назад
Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@bobsacamano7653
@bobsacamano7653 5 месяцев назад
My rent went from $740 to $1600 in six years. I got out last year and now they are charging $2400
@lilbench5834
@lilbench5834 5 месяцев назад
When i moved in this apt 4 yrs ago it was 1100 Now its 1600/ Month
@Demopans5990
@Demopans5990 5 месяцев назад
Damn, that's about the rent here in NYC in my neighborhood. Sure you get more house for the rent but does that even matter when you can barely afford the rent? I'm pretty sure wages are on average, lower in Arizona than in NYC
@bobsacamano7653
@bobsacamano7653 5 месяцев назад
@@Demopans5990 it was a two bedroom 1 bath apartment and minimum wages are $15 an hour here.
@Lonsoleil
@Lonsoleil 5 месяцев назад
Jesus Christ, dude! 😬
@mistahkrazy805
@mistahkrazy805 5 месяцев назад
I came into a 2 bed 1 bath apartment on so cal, near the beach, in a great city, at $1500 in August of 2017. Next month my rent goes up another $100, and I'll be paying $1850. Find a private owner, they usually aren't raising your rent every year, and want good, long term renters. Edit: the units here that are run through property management companies are currently charging over $2600 for the same exact unit I have.
@Smoove_J
@Smoove_J 5 месяцев назад
I never thought i’d see a politician standing up to the landlords. Renters everywhere need someone like this.
@DxBlack
@DxBlack 5 месяцев назад
"I'm from the Government, and I'm here to help" are NOT words you want to hear...they're doing this for their own reasons.
@user-cr1iz8fw6h
@user-cr1iz8fw6h 5 месяцев назад
@@DxBlackYes, government sucks but let’s trust corporations instead🤣 Reaganomics screwed us over
@robinsonfamily222
@robinsonfamily222 5 месяцев назад
@@DxBlack It's election year. But that doesn't mean we can't take advantage of opportunities to get help as citizens. I'm Republican and still support the Attorney General. This housing crisis in Arizona is a nonpartisan issue.
@eamonnmckeown6770
@eamonnmckeown6770 5 месяцев назад
It's a shakedown. Huge fine. No reduction in rents.
@sillymesilly
@sillymesilly 5 месяцев назад
@@user-cr1iz8fw6hcorporation are bailed out and supported by government that’s why suck
@mindlessmrawesome
@mindlessmrawesome 5 месяцев назад
Rented an apartment from Greystar. They advertised it as 1000 base for the 540sqft. They kept adding random charges with no explanation at will and never disclosed energy prices that we were being charged for, along with a bunch of services that we didn't even want/didn't work (valet trash that never came, PO box for packages that just made everything more complicated). Ended up paying $1750 in the summer months, despite us being very careful about A/C and water usage. We ended up unable to pay once we got sick in October and have since been evicted, and despite going homeless for about a month, I'm still glad it happened because we were getting downright scammed.
@shirleytwsw
@shirleytwsw 4 месяца назад
I’m so sorry this happened to you hope your well and safe somewhere
@Zuo__
@Zuo__ 5 месяцев назад
Its crazy that companies are even allowed to do this. They're literally causing humanitarian problems
@randyjax09
@randyjax09 5 месяцев назад
It’s time for Congress to ban private equity from owning residential property. It should have never gotten to this point.
@pedro72246
@pedro72246 5 месяцев назад
Congress doesn't make state laws. Genius...
@chriskoschik391
@chriskoschik391 5 месяцев назад
Fed and state congress are both beholden to these companies. Do you really think they will do anything? No.
@ThePhoenixcompanies
@ThePhoenixcompanies 5 месяцев назад
You want all housing to be government owned? Look at the Post Office. My mail comes weeks late if at all anymore.
@randyjax09
@randyjax09 5 месяцев назад
@@chriskoschik391 Nope. That’s why the media & political figures keep drawing a line in the sand and telling people to pick a side. It’s meant to keep us divided and gives them a convenient excuse not to legislate on issues that matter.
@monicarust2383
@monicarust2383 5 месяцев назад
Yes!
@QuantumSpaceToaster
@QuantumSpaceToaster 5 месяцев назад
This is amazing. Everywhere in America is having this problem and I'm glad to see people are standing up to it at least somewhere.
@Novastar.SaberCombat
@Novastar.SaberCombat 5 месяцев назад
The wealthy always win.
@chriskoschik391
@chriskoschik391 5 месяцев назад
Nothing will happen. Rents will level off and ridiculous levels and never go down. They have already told us this.
@billbillinger2117
@billbillinger2117 5 месяцев назад
Yeah its everywhere but no one talking about these companies were so readily able to scoop up so many properties? The federal government bankrupted normal landlords during the pandemic who ended up selling asap as they were hemorrhaging money, federally stopped from evicting tenants who were told they dont have to pay by the government. The guy who owned the complex i lived at owned 5 complexes had so sell them all because of the pandemic, now they all conglomerate owned and worse for it in every way.
@chriskoschik391
@chriskoschik391 5 месяцев назад
@@billbillinger2117 the worst part is, private equity companies like blackrock then take YOUR hard earned rent money to buy controlling shares in influential companies to push DEI. This is a huge conspiracy and the pandemic was just the first domino to fall.
@notsure1783
@notsure1783 5 месяцев назад
@@billbillinger2117 and yet the sheeple scream for the govt to "do something", they already have, they colluded to buy up all the good properties! lol. And yet they vote for more laws against the common man, and the sheeple vote for more again and again... Do not worry, the govt will ease your suffering, just one more time vote for me!! I'll fix it this time, I promise!!!
@melissagrice
@melissagrice 5 месяцев назад
This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family.
@MarthaDeTa358
@MarthaDeTa358 5 месяцев назад
I agree with you and I believe that Professionals are currently dominating the market since they have access to both the necessary strategy for making money in this industry.
@Florencecoxx
@Florencecoxx 5 месяцев назад
That's awesome to hear. I invested 5k in Robin hood about a year ago and it steadily went down, now my portfolio is down to $800. I don't know what to do and i am in between jobs
@melissagrice
@melissagrice 5 месяцев назад
@@Florencecoxx Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.
@Florencecoxx
@Florencecoxx 5 месяцев назад
I’m Glad i stumbled on this. Please, if its not too much of a hassle for you, can you drop the details of the expertise that assisted you and how to get in touch...
@melissagrice
@melissagrice 5 месяцев назад
@@Florencecoxx I get guidance from *Sarah Alma Martinez* Most likely, the internet should have her basic info..
@nbarretto
@nbarretto 5 месяцев назад
love love LOVE watching corruption being called out left right center and every which way. keep it up people, record audio video everything. bravo.
@mattk7yeg682
@mattk7yeg682 5 месяцев назад
I lived at an RPM property. They won't give you a lease until about a week before your current lease expires. That way if you don't give notice 60 days ahead of time they have you by the balls and you are forced to accept whatever they come up with at the last minute. If you move out and don't give notice they screw you by trying to force you to pay extreme fees and hit your credit file with it.
@MeMe-jq3ky
@MeMe-jq3ky 5 месяцев назад
Yes, RPM runs all Tides apartments as well. We have had extreme problems and have no way of getting out of our lease and we get charged unknown fees. Channel 15 won't do much. I've emailed so many times. Not one answer back. They don't care. Noone realy cares.
@mjblue84
@mjblue84 5 месяцев назад
EVIL!!!
@DanielCantinero
@DanielCantinero 5 месяцев назад
That’s so grimy…
@robinsonfamily222
@robinsonfamily222 5 месяцев назад
I'm glad we didn't move into their property. I filed a complaint against them with the BBB and Attorney General last year for their illegal practice of racking up on application fees and denying the applications. I'm glad to see them included in the lawsuit.
@NostalgiaHDOS
@NostalgiaHDOS 5 месяцев назад
@@robinsonfamily222the BBB doesn’t do anything and never has
@SteveBueche1027
@SteveBueche1027 5 месяцев назад
Remember everyone that was selling their homes the first person to contact you was an investment company. I excluded them with a clause in my selling contract.
@youtubedeletestheoppositio8188
@youtubedeletestheoppositio8188 5 месяцев назад
I will let them think they can buy it so they come to me. Makes the job easier.
@DJdoppIer
@DJdoppIer 5 месяцев назад
Good on you man.
@rugglesmcbutt3188
@rugglesmcbutt3188 5 месяцев назад
Good for you!
@kimberlyarmstrong4641
@kimberlyarmstrong4641 5 месяцев назад
Thank-you Attorney General!! Absolutely disgusting what greed does to people. These rates are insane!
@someguy6762
@someguy6762 4 месяца назад
you want ppl to pay really high interest rates, but not raise your rent?a profitable rental property is not greedy, its called being smart
@brooklynnchick
@brooklynnchick 5 месяцев назад
The Federal Government needs to do this as well. This is what Air B&B and other short term rental companies are doing.
@lucasokeefe7935
@lucasokeefe7935 5 месяцев назад
"Housing cartel" is the best way to describe rental companies
@forgottenman8629
@forgottenman8629 5 месяцев назад
kinda like governments moniker is the 'mafia'...
@robinsonfamily222
@robinsonfamily222 5 месяцев назад
The court documents literally call them cartels. That's what they are. I was told Katie Hobbs is in cahoots and cartels run the majority of real estate in AZ. But I didn't know how. After reading the court documents I understand now.
@wlonsdale1
@wlonsdale1 5 месяцев назад
​@robinsonfamily3948 sounds like her.
@nunyabidness3075
@nunyabidness3075 5 месяцев назад
No, it’s allegedly the best way to describe the property management companies in the lawsuit. Just because one group of people does something, it doesn’t mean you can blame all the similar people. The news story here is biased AF, and they do it to get you angry, create rage, and attract viewers. There was no monopoly, and it’s a small group of landlords, and the intent has yet to be proven (though it looks ugly for sure. Watch again and listen for how they hype the facts with divisive language that doesn’t really apply. Shame on this channel.
@lucasokeefe7935
@lucasokeefe7935 5 месяцев назад
@@nunyabidness3075 Sounds like a few nerves got pinched. Sorry to burst your self-righteous bubble friend, but I couldn't care less. Landlords of all types are known for exploiting people. The nickel-and-diming is just worse and harder to fight when it's through a rental company.
@rrcmjp22
@rrcmjp22 5 месяцев назад
People should file a class action lawsuit in conjunction with the AG criminal prosecution. The reverberation would be deafening to these companies!
@CesiumSalami
@CesiumSalami 5 месяцев назад
Plot twist: almost all of these corporate rental agencies forbid you from joining a class action lawsuit. If it wasn’t already standard practice, i wouldn’t be surprised if RealPage mandated it in order to use their services.
@Son37Lumiere
@Son37Lumiere 5 месяцев назад
Forced arbitration is another invention of repugnant republicans and the rich.
@mckymcobvious3043
@mckymcobvious3043 5 месяцев назад
it's literally the worst state to be a renter in. thank God the AG has a pair
@leohorishny9561
@leohorishny9561 4 месяца назад
It is more astounding Arizona government is investigating this than the fact this was going on in tbe first place!🫤
@someguy6762
@someguy6762 4 месяца назад
you can always move if yo aren't happy with your appartrnt
@mckymcobvious3043
@mckymcobvious3043 4 месяца назад
​OH, OK! I live in Minnesota and rent has doubled in the last decade. we're too poor to afford a $1000/month mortgage so we have to pay $1100/month in rent to the owning class. that makes sense, right?!
@mckymcobvious3043
@mckymcobvious3043 4 месяца назад
​@@someguy6762oh i forgot to factor in _wages_ ... rent has doubled and wages have trickled up from
@someguy6762
@someguy6762 4 месяца назад
@@mckymcobvious3043 that's not the landlords fault,
@pukaseek
@pukaseek 5 месяцев назад
It’s about damn time somebody, anybody, did something to reel in these greedy scam artists. You get ‘em AG!
@RichardChappell1
@RichardChappell1 5 месяцев назад
She was funded by them. THis is pure theater. She is using this to enact legilstion to drive out private landlords and enable more of these companies.
@someguy6762
@someguy6762 4 месяца назад
need them to raise every year...!!
@andremorse9282
@andremorse9282 5 месяцев назад
Hello everyone, I am a landlord with a small apartment building in Nome Alaska. I bought the complex 6 years ago, after moving to Nome. Collusion between landlords and realtors is real. I was told I had to raise my rental prices because I had to. I refused to do this, was immediately a pariah to the other landlords. In a community where jobs period are hard to find, as well as affordable housing. I barely make ends meet, doing hand up not hand out housing. I will continue to have my rents, set a $1,000.00 cheaper than the rest of the greedy landlords.
@MS-ty8eq
@MS-ty8eq 5 месяцев назад
This is happening all over the country and every AG in every state needs to look into this scheme practice by landlords and corporation LLC. Talk about disgusting and harming Americans.
@MrVirus9898
@MrVirus9898 5 месяцев назад
I think at this point its CA, AZ, WA, CO, and ID. A scary group of AGs for any business to deal with.
@les0101s
@les0101s 5 месяцев назад
@@MrVirus9898 Add OR to the list. They came up with rent control in Portland, but it was too late when they implemented it. Rents had already gone up too much. If you're paying $1500 - 2000 per month and your rent is raised 10% each year, that's too much.
@tw8464
@tw8464 5 месяцев назад
You're absolutely right
@werty00
@werty00 5 месяцев назад
Democrats are working to help the situation.
@Quicks1lvr
@Quicks1lvr 5 месяцев назад
​@@MrVirus9898considered our last AG here in California (Harris) kept people in prison to use as slaves for fighting fires, I agree.
@Loktoris
@Loktoris 5 месяцев назад
I've been saying this and people just stare at me with a look of disbelief. They'll even argue that it's not possible 😂
@threadbarerag336
@threadbarerag336 5 месяцев назад
The same folks who raise rental prices also hate the homeless. Imagine.
@rugglesmcbutt3188
@rugglesmcbutt3188 5 месяцев назад
That's incorrect. What are you gonna say next? The spoon made you fat?
@fictitiousnightmares
@fictitiousnightmares 5 месяцев назад
It's true and has been going on for a long time. That is the reason prices are so damned high and it isn't just in Arizona. The use of software to 'value' your property for rent and having that software update based on 'market price' is colluding.
@robcarvalho1
@robcarvalho1 5 месяцев назад
It sounds like the software company is creating a sort of blind magic box collusion where the rental companies enjoy plausible deniability.
@gravekeepersven82
@gravekeepersven82 5 месяцев назад
Evil
@justinsamuels3305
@justinsamuels3305 5 месяцев назад
Exactly.
@chinaarlene7035
@chinaarlene7035 5 месяцев назад
They always have. The company I worked for back in 2009 used that software and I saw it was a.scam back then.
@ryanshannon6963
@ryanshannon6963 5 месяцев назад
Zillow Rentals be looking at this case like: 👀
@saladlamp2092
@saladlamp2092 5 месяцев назад
I worked for a software company that offers a similar feature. Any customer running its HR software can enroll in a program where it gives permission to the software company to access its HR data, scrub it of personal identifiable employee info, and provide analytics to all customers enrolled in the program. Data includes employee salaries, ages, education level, years of experience, etc. So a company in the retail industry can see that other companies (running the software) with x number of employees are paying their accountants with x years of experience x dollars per year. It's called benchmarking.
@jakobrassi9816
@jakobrassi9816 5 месяцев назад
There is major market manipulation happening right now with large corporations buying up thousands of homes cash and raising rents sky high and basically letting people go homeless if they don't pay top dollar.
@kaliss7192
@kaliss7192 5 месяцев назад
My rent went from 660 for a tiny 1 bedroom to 900$ for the same crappy apartment in 2 years.
@germanlopez9448
@germanlopez9448 5 месяцев назад
for sure Phoenix is not the only city they are artificially increasing their prices. price fixing is happening in every city.
@germanlopez9448
@germanlopez9448 5 месяцев назад
@@dwb-ss3hpnot a coincidence for sure, Klaus said they would make sure we could not afford to have anything and be happy. they control the currency, they have control of the food supply and jobs, there is no hope for our children and grandchildren, young people can't even afford to have their own apartment. depression in young people is a symptom of the tremendous pressure and hopelessness that is being inflicted upon us all.
@smplfi9859
@smplfi9859 5 месяцев назад
it's to drive Whites back into the city centers, which has been working in every major city, gentrifying root word is gentry, gentry is a classist word meaning, ownership class directly under nobility, could be shop owners, farm owners, or just people who outright OWN. in essence, when we hear gentrifying this literally means that the rental units are transformed back into a full single family house, condos, or some other variant for outright ownership. The properties transform from inner city rental unit to being outright sold for full ownership. This outcome plays into another effect dubbed 'the great remigration' which implies that blacks are returning to the south, which it proves. they are losing relative share in California and in many places outright losing population, like Portland, whos city center has gotten Whiter as prices and quality of life drive a new ownership class into the city. In a way having your city centers being owned gives them much more accountability and vitality. White flight is a disingenius accusation against Whites, that outright excludes jewish Levittown conspiring to sell their new suburbia style housing which would also massively drive the economy. so they used lawfare to destroy White communities (Fred Vinson ruled zoning covenants couldn't be enforced by the courts, as they previously had been, because the 14th amendment, it stands unjustly and was novel because the 14th was passed after the civil war some 80yrs prior, and the men who passed it lived in race covenants themselves.) and jewish realtors would scheme to sell houses to blacks in many specifically White historic communities, which made an unsafe community filled with race vengeance and animosity in nearly every community where planned injection happened, they selectively chose bad people to inject as to drive sales in the new Levittowns. Anyways, this policy corrects that. Phoenix suffered little of that, like Maryvale or South Central. Whites are the only ones who had the housing stock, because their houses are now worth a million from their 120k purchase 20 years ago. They can afford to recover THEIR HISTORIC city centers. ALL inner cities are historically White neighborhoods. This is part of that correction. We gave the tribal Indians all their own tribal nations and lands. It's time we deserve our own again. I'm not against others having their own cities, but understand that Whites deserve many of their/our own cities. You can have mixing cities, but you still need to realize they/we deserve their/our outright own cities. If we could acknowledge that, we wouldn't be in this long process of market manipulation to drive demographics positioning, Asians are choosing suburbia now, so the last factors are bringing back safety to the inner city, which inherently means criminals need to go. which means blacks are gonna dwindle out of the cities. which I think everyone will be fine with, expect them. But as for Arizona, move along and get over to the Good Ole South. Their engines are spinning up again. I heard Georgia is pretty nice. Maybe go back to Mexico if you're Mexican?
@tw8464
@tw8464 5 месяцев назад
Exactly. We need to make it absolutely clear we are NOT going to tolerate any more "missing in action" legislatures. Either our legislatures DE-rig the US "housing market" or get voted OUT, permanently.
@danpost4755
@danpost4755 5 месяцев назад
In mid-2019, my rent was $672. We had a pool, hot tub, both gas and charcoal grills, a laundry facility, and an exercise room. January 2024, same apartment, but all amenities closed or removed, now $1195, plus a water-sewer-trash fee that was included in 2019. East side of Tucson. Criminal. Gee. Why are there so many homeless?
@TheCool_Guy23
@TheCool_Guy23 5 месяцев назад
iTS CaUsE ThEy cHoOsE tO bE HoMeLeSs -every right winger in the country
@ecrwarren
@ecrwarren 5 месяцев назад
In Panama City, FL after hurricane Micheal, a lot of people got displaced from their homes. What a bunch of apartment landlords did was kick out tennants to repair "storm damage" even if there wasn't any. They knew housing was a premium for the people who got displaced. So after they kicked out the tennants and made their "repairs," they jacked up the rent to almost double what it was before the storm.
@usetheforce9836
@usetheforce9836 5 месяцев назад
Arizonans should be proud of their AG for going after these companies who are engaging in anti-competitive practices. Things are bad enough nowadays with homes being gobbled up by investors & Private Equity companies for AirBNB rentals & taking an otherwise good home off the market. Then they pull this kind of crap.
@BuhodePiedra
@BuhodePiedra 5 месяцев назад
I quit a local central California property management company because they were very unethical towards the tenants. During a housing crisis where elderly women are the fastest growing group of homeless persons
@obsoleteprofessor2034
@obsoleteprofessor2034 5 месяцев назад
1) Men are the largest group of homeless. Women are catching up. Welcome to equality. 2) Scenario: 100% of all men are homeless..there is no possible additional growth. 10 women become homeless. Of course they will be the largest increase in homelessness. Tragic that either situation exists , but numbers are easy to play with. Unfortunately, non profits exploit the homeless. Non profits are very profitable in San Francisco.
@jessies6502
@jessies6502 5 месяцев назад
Oh, and don't forget the local zoning cattle chute that closes trailer and RV parks, denies free street parking, and has the police roaming for any car parked anywhere in open and empty parking lots at night. Have you ever seen dogs chase a deer? They will literally run it to death. That is exactly what is being done to us.
@Cerez78
@Cerez78 5 месяцев назад
​@@jessies6502theirs is coming eventually. Just wait. The NPCs are the ones in these positions. Won't last forever...
@ryshellso526
@ryshellso526 5 месяцев назад
​@@jessies6502maybe lay off the drugs.
@lynb1022
@lynb1022 5 месяцев назад
Bless the Arizona AG. We desperately need someone to do the same thing for renters in Canada.
@user-le7du5ub3j
@user-le7du5ub3j 5 месяцев назад
When is she going to sue the insurance companies for raising rates 30 percent? Or maybe The Insurance Commissioner for allowing it? Cause and effect folks,
@eldebtor6973
@eldebtor6973 4 дня назад
she?
@user-le7du5ub3j
@user-le7du5ub3j 3 дня назад
@@eldebtor6973 Did I mis gender? Looks like a woman? Sometimes you can’t tell. Actually, this is the result of injecting 2 trillion dollars (of printed money) into the economy, It’s like a drug: feels real good for a little while but then comes the hangover, Everything (labor and materials) cost more to repair or replace. You can thank the Democrats.
@MayTheOddsBeInYourFavor
@MayTheOddsBeInYourFavor 5 месяцев назад
I applaud their attorney general for taking this step and I’m wondering what the hold up is for all the others in the country. The people are suffering. We need intervention on rent immediately!
@FROGN8R400
@FROGN8R400 5 месяцев назад
If this is true, in addition to HUGE fines, I hope their license to do business in Arizona is revoked.
@cdivine011
@cdivine011 5 месяцев назад
I have two customers who come in every night to eat dinner then go sleep in their car/truck. One works for THE STATE OF AZ and the other 6 days a week in construction but still cant afford rent. Its sick!
@RomanvonUngernSternbergnrmfvus
@RomanvonUngernSternbergnrmfvus 5 месяцев назад
I was working on a contract for a company that was feeding construction crews after a natural disaster, no water running or power in most of the region, I spent as much time trucking in clean water and gas as I did cooking, I had to sleep in my truck to both keep a eye on the equipment and because no rooms with a 2-3 hour drive was open, I did that for 3-4 months, my heart goes out to those two. At least I made bank because of that hardship duty.
@user-li8yc9qh2r
@user-li8yc9qh2r 5 месяцев назад
I was working for this company els landscaping they hired 10 illegals that would rough play sexual harass one punched me and I got fired for it
@MisterWhatWhat
@MisterWhatWhat 5 месяцев назад
I wish AGs across the USA would sue all of them. This is happening in every single state, not just AZ. Kudos to that AG for doing this!
@vcente671
@vcente671 5 месяцев назад
Now that girl will be evicted sooner than expected because of this interview
@eldebtor6973
@eldebtor6973 4 дня назад
who? girl?
@jonifairbrother6290
@jonifairbrother6290 5 месяцев назад
It is about time. Hope other State AG's follow this action.
@workendog
@workendog 5 месяцев назад
BS. After them they will go after you if your even real.
@chupacabra304
@chupacabra304 5 месяцев назад
@@workendogwhy would the AG pursue people after housing oligopolies thats a slippery slope fallacy
@christianmathew398
@christianmathew398 5 месяцев назад
@workendog-If you expect us to feel bad for landlord oligarchs tough luck pal, hope their held accountable for their greed.
@up0820
@up0820 5 месяцев назад
​@christianmathew398 the fact is they rent to people like you that destroy property, so that's why they raise the rent in the first place.
@kk4649k
@kk4649k 5 месяцев назад
Maybe the Justice Dept should look into this with the entire country. Definitely smells like monopoly and controlling the market.
@suntzu6122
@suntzu6122 5 месяцев назад
The federal reserve causes inflation. Dont get me wrong, landlords are being scummy; too. But lets not lose focus of the real issue. The fed deflated our currency by 20% in 18 months from stimmies and shxt. Which were essentially the slickest trojan horse SCAM in modern history.
@ryanshannon6963
@ryanshannon6963 5 месяцев назад
I'm not sure it would be considered a monopoly since RealPage sounds to be a data aggregator that landlords (most likely) have to pay to subscribe to in order for RealPage to give landlords an approximate price to charge for rent. However, what it sounds like it could be considered would be a "Cartel", which is NOT a monopoly. Cartel is a fancy (or concise) term for "Price Fixing" amongst competitors. However, what will be interested in the case is if the participants (companies that subscribe to RealPage services) knew they were willingly joining a cartel. I would suspect that throughout the RealPage documentation everything that defines a cartel is probably present, but it obviously wasn't spelled out as such. I think a similar court case against RealPage is filed in an east coast state (NC or something like that, maybe Georgia). Another thing that will be interesting is if the landlords will be held liable as well, or if just RealPage will have that liability. Assuming RealPage is convicted, I think the AG of these states should start looking into Cox Automotive group: AutoTrader, Mannheim Auto Auctions, vAuto, etc...are all owned by one company. AutoTrader is a listing platform, Mannheim is an auto auction venue/service, and vAuto is the largest dealer inventory and vehicle pricing management system in the country. I would argue is basically the same thing, only worse, since Cox automotive controls so much of pre-owned vehicle logistics and pricing mechanisms. If RealPage is guilty, I think Cox Automotive is even more so.
@AMPProf
@AMPProf 5 месяцев назад
Naww
@tsmith4338
@tsmith4338 5 месяцев назад
Your own comment show how ignorant/childish/stupid/wrong/moronic it is: what do you think the word "market" means? It means supply & demand - not government controlled prices. If I bought Microsoft stock at $30/share, should the government force me to sell it for less that what others have decided is the going MARKET price?
@tsmith4338
@tsmith4338 5 месяцев назад
Should the goverment be able to tell you how much you can sell your car for? You're asking for socialism: government controlled prices instead of a free market where people are FREE to establish prices.
@fldon2306
@fldon2306 5 месяцев назад
Antitrust Laws must be applied: TRIPLE MONETARY DAMAGES paid to those harmed, in this case the renters.
@985VFZE
@985VFZE 5 месяцев назад
Would love to have this AG over in CA.
@vandersnickmcduffle7333
@vandersnickmcduffle7333 5 месяцев назад
Maybe this scheme is what is driving construction of overpriced poorly built apartments on every vacant lot.
@ettaplace6716
@ettaplace6716 5 месяцев назад
Poorly built is right 😮!!
@ericb8413
@ericb8413 5 месяцев назад
I lived in Orange County CA and my rent doubled overnight. From 1100.00 to 2200.00 I had to move out but the new owner found a tenant immediately. Lots of greed in this world 😢
@stevenrn6640
@stevenrn6640 5 месяцев назад
“… but the new owner found a tenant right away…” lots to impact in this statement.
@lazerrhino
@lazerrhino 5 месяцев назад
​@@stevenrn6640yeah it means someone is dumb enough to pay twice the price. That doesn't make it okay lmao
@BleuBelair
@BleuBelair 5 месяцев назад
@@lazerrhinoSome people are desperate. Thats really what it is.
@lazerrhino
@lazerrhino 5 месяцев назад
@@BleuBelair and their desperation is being preyed on. No one can argue supply and demand when the supply is artificially restricted.
@lilbench5834
@lilbench5834 5 месяцев назад
Same Here In SFV Rent Doubled about the Same too Was gonna move but also Realized Rent would be double elsewhere
@melokc7257
@melokc7257 28 дней назад
How about going after the rest of corporations colluding to raise prices on food, electric, gas, vehicles....
@DionTalkFinancialFreedom
@DionTalkFinancialFreedom 5 месяцев назад
Tell tenants they don’t have to pay rent. Tell landlords they can’t evict. Increase expenses with inflation. Get shocked that rents go up. The derp is real
@DL-qq4nu
@DL-qq4nu 6 месяцев назад
To many homeless working 40+ hours a week.
@terenarosa4790
@terenarosa4790 5 месяцев назад
Yoooooooooo! That's my friend right now!
@GirtonOramsay
@GirtonOramsay 5 месяцев назад
I'd have to rent a 1 bedroom apt with a full-time working roommate just to qualify for the min income requirements in San Diego. Ppl wonder why everyone is fleeing California
@cdivine011
@cdivine011 5 месяцев назад
This is so true! I have 2 customers who come in every night to eat and then go sleep in their cars/trucks. One of them works for THE STATE OF AZ and the other works 6 days a week in construction but still cannot afford rent. It's sick!
@ohsweetmystery
@ohsweetmystery 5 месяцев назад
If you cannot afford to live somewhere, move. When there is no one left to work the jobs, prices will drop. I'd love to live in Malibu, but cannot afford it.
@GirtonOramsay
@GirtonOramsay 5 месяцев назад
@@ohsweetmystery never heard this advice before, thanks bro!
@broeheemed32
@broeheemed32 5 месяцев назад
When you charge several times what an apartment is worth, you get two things, guaranteed: You get 25 people living in a unit intended for four, and all their cars, kids, and all the fighting that comes with living in such crowded conditions. You also get angry people that know they're being fleeced, and will gleefully trash your property.
@gravekeepersven82
@gravekeepersven82 5 месяцев назад
Faxxxx
@scottleggejr
@scottleggejr 5 месяцев назад
I do t think it has to do with "several times their worth" that's just apartments and hood in general. The rentors are cold-hearted bullies because the people you described can't pay the full amount on time on a cycle.
@OMMXxPeNnY
@OMMXxPeNnY 5 месяцев назад
And you wonder why you see so many homeless people living in cars living in tents on the streets I can't afford First last and a deposit
@Specialcowgirl69
@Specialcowgirl69 5 месяцев назад
Don’t worry they will kick Americans out and put migrants in while they pay the landlords with YOUR $ 3x what the apartment is worth.
@Specialcowgirl69
@Specialcowgirl69 5 месяцев назад
Why was my comment deleted?
@tbd419
@tbd419 5 месяцев назад
It's about time! Thank you. Hopefully, this will spread nationally.
@bluegizmo1983
@bluegizmo1983 5 месяцев назад
It should be illegal to ever raise rent while a tenant lives there. Whatever the rent is at the time a tenant moves in, is what the rent should be required to stay at for as long as that renter lives there.
@Squintis
@Squintis 5 месяцев назад
About time. But looking at things I don’t think it’s only Arizona… how is it 1800 for a single bedroom apartment that’s slowly falling apart that’s been paid off for years ago. There needs to be higher regulation on residential properties.
@beekeeper8474
@beekeeper8474 5 месяцев назад
You vote for higher taxes then get shocked when prices go to
@danielleweber8914
@danielleweber8914 5 месяцев назад
Thank you to the attorney general . I knew this was a huge issue.
@peasantsarerevolting9343
@peasantsarerevolting9343 5 месяцев назад
She should start with black rock.
@rettwoods
@rettwoods 5 месяцев назад
Sorry, but this is one of the few instances where the government needs to step in and seize the properties. Absolutely abhorrent.
@normangiven6436
@normangiven6436 5 месяцев назад
If you want to reduce rent, try lowering taxes, and relaxing the rules for building multiple family housing. Government is the problem!
@calibur457
@calibur457 5 месяцев назад
these landlords already can use Zillow and Redfin to collude and raise rent
@user-ck6rz7mz4r
@user-ck6rz7mz4r 5 месяцев назад
How's that collusion? It's called Comparable Market Analysis.
@Mactakun
@Mactakun 5 месяцев назад
Is this not market research? If rent around your area is a certain amount, is putting your own rent at that value collusion?
@hreindustries
@hreindustries 5 месяцев назад
right? how are you supposed to know how to price your rental...@@Mactakun
@Puddingskin01
@Puddingskin01 5 месяцев назад
@@MactakunYou are supposed to use the magic ball to learn what the property value is. Or some prosecutor will assume to know the value.
@daniellejohnson8910
@daniellejohnson8910 5 месяцев назад
How about using THE PROPERTY'S p & l (expense) sheet along with local worker income info LIKE OWNERS USED TO DO FOR 1000''$ of profitable years b4 the collusion of "Daily Market rates" began.
@lc285
@lc285 5 месяцев назад
I'm glad the AG is aware of software manipulations.
@RichardChappell1
@RichardChappell1 5 месяцев назад
Of course she does. Her campaign was funded by them.
@alriciab.p.7936
@alriciab.p.7936 5 месяцев назад
Great job AG hope you follow up on this, will see
@amyheckathorn7172
@amyheckathorn7172 5 месяцев назад
I could not find information on specific apartments in the link to the story.
@reverence4life88
@reverence4life88 5 месяцев назад
Kudos to her!! Great work AG!
@InbredJed82060
@InbredJed82060 5 месяцев назад
Say they win the lawsuit. Do you think that money will go to tenants, or attorneys / fines paid to the government. No one is on your team
@floresapril7
@floresapril7 6 месяцев назад
Greed is a sin
@JaySee8866
@JaySee8866 5 месяцев назад
Many people are willing to pay for the consequences unfortunately.
@scottleggejr
@scottleggejr 5 месяцев назад
So is lust, sloth and gluttony. I'd rather have high rent than sanctuary city bums and beggars on every corner.
@ictrlaltdeleteu
@ictrlaltdeleteu 5 месяцев назад
High rent leads to those things.​@@scottleggejr
@zerotodona1495
@zerotodona1495 5 месяцев назад
So is a man pretending to be a woman
@itzTeTe
@itzTeTe 5 месяцев назад
@@scottleggejr Actually no, it’s bad yes but technically not a sin. these 7 deadly sins actually come from a book called Dante’s inferno then later versions of the Bible incorporated a lot of its symbolism. But anyways… the actually Bible says to help those in need… a beggar wouldn’t be begging if they didn’t need help… but because you look down on those who need help you are ok with creating a situation that would cause more people including children to be homeless… now that is a sinful mindset you have there…
@Aleen166
@Aleen166 5 месяцев назад
Finally someone says it. The landlords obviously talking to each other.
@user-vl9hu4ly2g
@user-vl9hu4ly2g 8 часов назад
Its about time somebody did something! I'm in a mobile home park, own my home and am paying amost $1000 a month for a lot. I'm in a senior park and many of us cannot sell because the lot rent is to high. We are stuck
@SunUp-l3h
@SunUp-l3h 5 месяцев назад
Shame on these landlords and management companies for being so greedy and corrupt 😡I sincerely hope this is resolved asap😡
@jameslee5237
@jameslee5237 5 месяцев назад
Of course you would never try to get the most money you can out of whatever you do right?
@SunUp-l3h
@SunUp-l3h 5 месяцев назад
@@jameslee5237 : In a moral, ethical legal manner, yes. However greed riding on the back of Covid as a cash cow escalating rent to the point of excluding the working man & his family, NEVER
@bv6788
@bv6788 5 месяцев назад
@jameslee5237 It's called having integrity, morals and a soul. A strange concept to people like you I'm sure
@notsure1783
@notsure1783 5 месяцев назад
@@bv6788 yes, the govt will help you because they are so moral.
@vi0letstar
@vi0letstar 5 месяцев назад
Wouldn't be surprised if some of those companies were under the same person(s) too 😒
@joad8537
@joad8537 5 месяцев назад
black rock.
@longiusaescius2537
@longiusaescius2537 5 месяцев назад
@vi0letstar extremely likely
@tw8464
@tw8464 5 месяцев назад
Yep the "trickle down" mafia
@michaelchapman7521
@michaelchapman7521 5 месяцев назад
Finally someone who is doing something to reverse high rents!!!
@robertl4765
@robertl4765 5 месяцев назад
Private equity companies are doing this on every level not just apartments. Only way to deal with them is full disclosure of the real owners but currently there's no laws to enforce it, so the remain legally anonymous
@Suzeaphone
@Suzeaphone 5 месяцев назад
Algorithms determine grocery prices, gas prices, hotel and flight prices too.
@changingworldllc1157
@changingworldllc1157 5 месяцев назад
Exactly! They act like people are stupid! Sadly many are!
@bachibak
@bachibak 5 месяцев назад
obviously, humans are less efficient and cost more
@CesiumSalami
@CesiumSalami 5 месяцев назад
Yes - but Whole Foods doesn’t tell Aldis on a daily basis their supply of Avocados for today and the coming months so that Aldis can price high when they know Whole Foods won’t have any Avocados. There also isn’t a group that says to both Aldis and Whole Foods that if the price drops too low on Avocados that both MUST agree to simply throw out the product 80% of the time rather than risk a drop in prices. Most of these pricing algorithms work on predictions - but real page is consolidating data across an industry of an essential good based on facts not predictions. facts that no company would want to share with a competitor unless they all signed the same contract that mandated that the data would be used equitably across all customers to maximize profits without allowing any single actor to undercut the competition and leverage short term gains.
@ejohnson3131
@ejohnson3131 5 месяцев назад
Good for her! We need more people in politics like her. In my city it’s hard to find a studio for less than $1,500 a month even though there’s hundreds of buildings with more than 50% of their units available. I’m not sure what landlords get out of having half their units sitting vacant and keeping rent prices so high. They should be forced to lower their prices and make housing affordable for more people.
@user-li8yc9qh2r
@user-li8yc9qh2r 5 месяцев назад
We should have citizens do sum back to these agencies I was evicted by one for a private conversation I was having in my apartment Nd the neighbors complained I want them DO.
@RichardChappell1
@RichardChappell1 5 месяцев назад
They funded her campaign.
@emjay2045
@emjay2045 5 месяцев назад
“CAPITALISM “ at its finest. Isn’t that what the U.S. champions itself on ?
@MrTeff999
@MrTeff999 5 месяцев назад
This creates an incentive for landlords that are not part of the cartel to also raise rents.
@grumpyschnauzer
@grumpyschnauzer 5 месяцев назад
Go after the investors that did this with the housing market. I keep submitting list price on houses that have been sitting for months and then all of a sudden there's an imaginary "other buyer" and are asked by the seller to go up 30-40k. These investors receive list price but hold out for something more making it impossible for us to get into a home. Also, houses sitting months refuse to adjust pricing to reflect the actual market. One investor literally reduced a price 50k (from $550k to $499k) less only to attract buyers and ask them to pay 80k over the new reduced price (580k). Then squeezing another 25k on top of that.
@tw8464
@tw8464 5 месяцев назад
You're absolutely right. This insane deep pockets private equity and large corporations and rich aristocrats from other countries buying up thousands of houses out from under honest hardworking local families and children who actually pay state and federal taxes and keep the towns and states running on a daily basis, this insane nonsense of no limits at-all-costs to society speculation and money laundering needs put a stop to.
@tw8464
@tw8464 5 месяцев назад
The cities and states need to start triple taxing the deliberately vacant properties and units and reducing by same amount the taxes on owner occupied homes and fully rented buildings.
@apersonontheinternet8006
@apersonontheinternet8006 5 месяцев назад
@@tw8464 How about no.
@glorgau
@glorgau 5 месяцев назад
The time is coming when the market turns. Rebid with a lower offer and they'll come back to you.
@suntzu6122
@suntzu6122 5 месяцев назад
EVERY landlord doing this should lose all of their properties.
@tw8464
@tw8464 5 месяцев назад
You're absolutely right
@jamesbell2419
@jamesbell2419 5 месяцев назад
Ok Mr. Marx .
@suntzu6122
@suntzu6122 5 месяцев назад
@@jamesbell2419 so anyone who rents should just eat their rent doubling every year as a scheme amongst landlords?? Do u own your house?
@damianm-nordhorn116
@damianm-nordhorn116 5 месяцев назад
​@@jamesbell2419 When building a cartel, you're working against the free market economy. ..but well, if you personally choose to side with criminal behavior.. makes you an accomplice.
@uplink-on-yt
@uplink-on-yt 5 месяцев назад
@@jamesbell2419- No, Mr Marx would make the properties belong to the community as a matter of course rather than just as punishment for crime. If I go by the Paris Commune, he wouldn't be against compensating the owners for their appropriated assets - the only thing to discuss is what constitutes fair compensation, and consider that the owners cannot purchase replacement assets (that can make all that money a bit useless)
@pollytiks3885
@pollytiks3885 5 месяцев назад
They’re only now figuring that out? Rental owners charge whatever they want because they can.
@forgottenman8629
@forgottenman8629 5 месяцев назад
kinda like a grocery store charges whatever they want because they can huh cupcake?
@lesabri
@lesabri 5 месяцев назад
It's so simple it's stupid. Real estate companies have been telling people to buy a duplex and charge your tenant his or her rent, plus your mortgage. They have been telling middle class people that the poor should and will pay because they have no choice! If I buy a duplex for 100k. My mortgage would be less than 1k, so I charged the "market rent price of 2k and get my mortgage paid, plus 1k for profit for me each month. Everyone with a little bit of capital is being told this is normal and just how capitalism works. Meanwhile, there are homeless camps all over the country! What poor person can afford 2k rent?! The truth is coming out in 2024!
@HarlemVega520
@HarlemVega520 5 месяцев назад
Back in 2012 I remember renting a studio with utilities included off of 7th Street and Camelback for $425 a month‼️
@tw8464
@tw8464 5 месяцев назад
Exactly. There is no possible way rents could've increased as much as this since 2012 unless the "rental market" was rigged.
@C4uSt1CO
@C4uSt1CO 5 месяцев назад
@@tw8464 The possible way is supply vs demand. More immigrants pouring over from the southern border means less available housing for the rest of us.
@tw8464
@tw8464 5 месяцев назад
lol looks like "immigrants" are the greatest thing to ever happen to the "trickle down" mafia. The "perfect" scapegoat for literally everything, for any occasion, for all the "trickle down" mafia's crimes!
@tw8464
@tw8464 5 месяцев назад
The "trickle down" crowd rigging the "housing market" for decades, using all kinds of manipulation like draconian "zoning," deliberately and artificially making supply too low, get to continue their thievery. They punch everyone in the face, then lie "an immigrant did it"! The rich man rigging the "markets" NO MATTER WHAT, constantly pushing his scapegoating propaganda, thinks everyone is stupid. No one who sees through it is fooled.
@Kenzie_Hill
@Kenzie_Hill 5 месяцев назад
Apartment complexes have stolen deposits and charged random unwarranted fees for over 30 years. They need to be rent controlled, independent inspectors assigned for move out and move in, and inspected by the county. Public should come first!
@user-li8yc9qh2r
@user-li8yc9qh2r 5 месяцев назад
I was homeless since 2016 wen I got my first apartment I paid 2,000 1,000 deposit and 900 for rent they had Beatles living in the framework of the apartment I told her I want my money she said no and said since I took out the cabinets tryna clean the bugs she's keeping the money I had to sleep outside and work for the next months or whatever now I'ma demon and worship murder
@catpax6075
@catpax6075 5 месяцев назад
Yes 🙌
@_Iscream
@_Iscream 5 месяцев назад
They’re not a public service, though. Why don’t you try running a complex of your own?
@catpax6075
@catpax6075 5 месяцев назад
@@_Iscream you are beyond ignorant. Do you have any idea the amount of power or privilege you have to have to just start your own complex?! LOL 🤡 it’s why so many people have to rent and don’t own houses. It’s America in 2024 where housing is insanely unaffordable and landlords still freaking exist. Fr do you even know how archaic the term landlord even is??? Owning land is such a privilege or being able to buy it. You have seriously been living under a rock if you’re unaware of the housing crisis in the US.
@catpax6075
@catpax6075 5 месяцев назад
@@_Iscream LOL. Do you even know how archaic the term landlord even is??
@SpaseGoast
@SpaseGoast 5 месяцев назад
She needs to bring criminal charges against employees at these companies that signed off on these illegal price fixing deals. That is the only way this type of stuff stops. A company paying a fine is no big deal, because the amount of extra money they made doing this collusion for years probably is significantly more than what a fine/lawsuit will cost. Only when people start going to jail for doing this type of stuff will it stop. Because people will think twice about whether or not they want to spend time in jail before doing shady corporate business practices.
@mstobel
@mstobel 5 месяцев назад
We should check for this everywhere
@paulm5458
@paulm5458 5 месяцев назад
I noticed this years ago when shopping for an apartment. They use a third party to price fix apartments and there was no negotiating. All had similar rents and fees.
@tw8464
@tw8464 5 месяцев назад
Nailed it. It's completely rigged. It's total racketeering. The "trickle down" mafia involved in this racketeering ought to be put in prison for 50 years.
@chriskoschik391
@chriskoschik391 5 месяцев назад
@@tw8464this is America. We don’t jail the big criminals. Nothing will happen. Your rent will continue to increase and hold at ridiculous levels until you accept serfdom
@johncarter4411
@johncarter4411 5 месяцев назад
All rents have risen but the wages have not, all in the last for years it's horrifying
@650gringo
@650gringo 5 месяцев назад
Go ahead and say it, Joe Biden's economy sucks!
@les0101s
@les0101s 5 месяцев назад
Well, apparently this is part of the reason rents have risen so much.
@marysullivan3881
@marysullivan3881 22 дня назад
I hope it leads to changes that favor renters and stands as precedence for other states to do the same.
@user-es3zh3jk5o
@user-es3zh3jk5o 5 месяцев назад
Same thing in Utah. Rent has doubled in the past 7 or 8 years
@kslinaz5668
@kslinaz5668 5 месяцев назад
Look how scammers and out-of-state fraudsters have ruined our state. I'm almost 70yrs old, four generations from here. What is happening here, breaks my heart...💔
@smplfi9859
@smplfi9859 5 месяцев назад
worldwide jewry gets accused for no reason whatsoever, for 3000 years they can do whatever they want because they are chosen, if they are punished, its a lesson gifted to them for being chosen, if they get a good consequence, whether by mischief or merit, its a reward for being chosen. idk though, I don't like to think about those nonsensical things that have no relevance to our current situational standing, I'm just a young guy afterall. Maybe if I trivialize the accusations and shove it to the back of my mind then I can think of some other more reasonable opinion. cause jews never do anything wrong and have never once subverted a country. they get accused of stuff for N O REASON, time AND time AGAIN!
@rotarydude9737
@rotarydude9737 5 месяцев назад
​@@smplfi9859Whatever hard drugs you just did before writing that, best stay off them and stay sober! Gott Mit Uns.
@TheCommunicationCoach
@TheCommunicationCoach 5 месяцев назад
A city in a state that should not exist, the waste of water alone is unforgivable.
@scottleggejr
@scottleggejr 5 месяцев назад
​@@rotarydude9737never heard of drugs that make you a Nazi 😂
@ryshellso526
@ryshellso526 5 месяцев назад
​@@rotarydude9737 might wanna look up the "eruvs"...
@TheDrew718
@TheDrew718 5 месяцев назад
Regardless of political affiliation, this is the kind of leadership we need. Arizona is lucky to have her as their AG. I wonder how many other States are suffering from collusion.
@JasonBoyce
@JasonBoyce 5 месяцев назад
A Republican AG would not be suing to help renters
@Staywoke7909
@Staywoke7909 5 месяцев назад
Facts!
@francismarion6400
@francismarion6400 5 месяцев назад
These 10 million asylum seekers need a home too.
@Staywoke7909
@Staywoke7909 5 месяцев назад
@@francismarion6400 GREEDY LANDLORDS..
@francismarion6400
@francismarion6400 5 месяцев назад
@@Staywoke7909 Landlords have to pay for inflation because of the Fascist lockdowns, so it's only fair to pass the costs on to people who voted for it. Enjoy!😁
@angelgarcia1025
@angelgarcia1025 5 месяцев назад
That's been happening Nationwide. In the State of Florida - our Attorney general has proven to be LAZY.
@ronlee2776
@ronlee2776 5 месяцев назад
I’m sure this is not the only place this is happening! GREED is going to be the undoing of our society and that’s very sad.
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