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American Dream Stolen By The Government 

Kristina Smallhorn
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Is the American Dream of owning an affordable home now out of reach? The vast land availability in the U.S., a cornerstone of the American Dream, once spurred the government and home builders into extensive collaboration to boost housing. This relationship has evolved dramatically over time. Today, restrictive regulations aimed at environmental protection and community control over local governments have inadvertently led to a cumbersome building process. These government regulations have created significant hurdles in housing development, contributing to a severe home affordability crisis across the nation. This video explores how both political parties have struggled to address these challenges, leaving many Americans questioning the feasibility of homeownership. Join the discussion on how government policies have reshaped the pursuit of the American Dream and what it means for future homeowners.
American Dream Stolen By Corporations • American Dream Stolen ...
The American Dream Being Destroyed Even Further: • The American Dream Bei...
Exposing The BIG Lies Of The American Dream: • Exposing The BIG Lies ...
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22 апр 2024

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Комментарии : 497   
@KristinaSmallhorn
@KristinaSmallhorn Месяц назад
How do you think the housing issue should be solved? (Watch 👀American Dream Stolen By Corporations ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-XEoYJDjfQDg.html)
@billyclabough9835
@billyclabough9835 Месяц назад
Multi family homes near single family homes bring down single family house prices because fewer buyers are willing to buy a single family house near multi family homes.
@user-mk5uz1ez3k
@user-mk5uz1ez3k Месяц назад
By giving us the technology decided in the lost century and how to reclaim it.
@rosemarywilliams9969
@rosemarywilliams9969 Месяц назад
As a functional society it needs to get solved. We people can't have easy access to safe housing and food, than what's the point of being a member in any society. That's just my small understanding.
@barbroy39
@barbroy39 Месяц назад
Yes. It should be illegal to sell any home to those big corporations to create monopolies. And, yes, schools should not have eliminated trades classes. Who has been undermining all of this through the years?
@b_uppy
@b_uppy Месяц назад
Developers lobbied for many of the rules that raise housing prices. Quit putting all the blame on government and community. If it weren't for developers going nuts there would be less pushback against new housing/building...
@tachometer-flac
@tachometer-flac Месяц назад
"They call it the American Dream because you have to be asleep to believe it." -George Carlin (2005)
@majo9042
@majo9042 Месяц назад
They call like that because you are always tired for working long hours😢😢😢😢.
@brahmaistrash.indiaisatoil5292
@brahmaistrash.indiaisatoil5292 Месяц назад
The Iaraelis dont work long hiurs and they still get free housing and our tax follars, so why bother and work long hours ?​@@majo9042
@ThisMoment11
@ThisMoment11 Месяц назад
Awesome quote!
@TrollinOn22s
@TrollinOn22s Месяц назад
I call BS on this vid cause most homes are owned by people we know. I have family members who are landlords, so blame them for raising the rent.
@user-iu2kq7nx8u
@user-iu2kq7nx8u Месяц назад
@@TrollinOn22s greed is definitely a HUGE problem in the US
@thanosianthemadtitanic
@thanosianthemadtitanic Месяц назад
just bought a home recently. To truly put in perspective how nightmarish things are right now imagine this. As a engineer making 6 figures,no debt i could barely afford a shack in the rural country. American dream is beyound dead.
@nicholasmcvety9644
@nicholasmcvety9644 Месяц назад
that just shows how smart you are. your not. ivehad a home to live for years. little to no mortgage. and at 1000k. I would have a home in country and acres of land in a few years cash. Because its called saving. learn it it
@Starfish2145
@Starfish2145 Месяц назад
A shack? Where? Napa?
@thanosianthemadtitanic
@thanosianthemadtitanic Месяц назад
@Starfish2145 literally in middle of nowhere total population 5k. For what my mortgage is you would think i had a mansion. Average home price is 6x the average income even still. Cartoonish but real life.🥴
@shootermcgavin4999
@shootermcgavin4999 Месяц назад
@@nicholasmcvety9644 it's harder for the younger generation man. If you are a boomer it was easy.
@bluechili3674
@bluechili3674 Месяц назад
I live in Europe, I have relatives in the US and while our situation may not be the same, they're very similar. The house I bought in 2022 has now been appraised and its value jumped by 1.3 times in the span of only 2 years. It's insane.
@shootermcgavin4999
@shootermcgavin4999 Месяц назад
I don't know how anyone can even afford kids. A person can barely afford themselves anymore.
@lalahaha5313
@lalahaha5313 Месяц назад
I don't have pets either (and I love animals) but I can't afford them. Never mind kids!!!
@BrkDownMedia
@BrkDownMedia Месяц назад
The crazy part is, it’s not exactly an under supply of homes. A lot of the homes owned by corporations are largely unoccupied. Literally hoarding the supply.
@EmilyGloeggler7984
@EmilyGloeggler7984 Месяц назад
Amen.
@jeandresley275
@jeandresley275 Месяц назад
I think is an unintended consequence of a government policy but the real culprit is corporate greed.
@airheadusmc3821
@airheadusmc3821 Месяц назад
Greed is blinding
@danielboals9602
@danielboals9602 Месяц назад
families need homes, not apartments.
@Johnrl21
@Johnrl21 Месяц назад
Only if they can afford them
@wlonsdale1
@wlonsdale1 Месяц назад
@@Johnrl21 Doesn't matter. They need them regardless.
@Johnrl21
@Johnrl21 Месяц назад
@@wlonsdale1 Not true. What they need is shelter from the elements. A 2000sqft single family home is a luxury that you only get to partake in if you can afford it, not an entitlement just because you breathe air in America.
@saythankyou111
@saythankyou111 Месяц назад
@@Johnrl21it’s not that serious bro’ it’s Wall Street gambling with your 401k……it’s antitrust.🇺🇸☠️
@dakotabearjojo
@dakotabearjojo Месяц назад
As George Carlin famously said, "That's why they call it the American Dream. Because you have to be asleep to believe it."
@bajojohn
@bajojohn Месяц назад
Making it so a single entity can’t own multiple homes won’t fix the problem. They will just spin up LLCs for each property. We need a corporate reform.
@Growmap
@Growmap Месяц назад
I have a better idea. Revoke all corporate charters and make them sell it all off for whatever people and small businesses can come up with. Corporations are beyond evil. And consumers need to stop supporting them. They should have done that decades ago.
@mnob1122
@mnob1122 Месяц назад
YES!! Government is responsible! The American dream is DEAD!
@dialecticalmonist3405
@dialecticalmonist3405 Месяц назад
"You will own nothing, and be happy" Are you happy yet? If "yes", vote for Brandon again.
@charlesyates6687
@charlesyates6687 Месяц назад
Welcome to comunist América. Profiteering by Obiden .
@Itravelbackintime
@Itravelbackintime Месяц назад
I blame the voters who put in the government we have now.
@charlesyates6687
@charlesyates6687 Месяц назад
Witch ones the Russian voters ? The dead voters ? Or the encarcerated voters ? Or maybe it was the chinese voters ?
@charlesyates6687
@charlesyates6687 Месяц назад
@UploadPicture-zx3ef what destroyed u.s. was when Clinton signed nafta sending american production to china and redusing american wages but still alowed price gouging ar the register.
@cherylcampbell7495
@cherylcampbell7495 Месяц назад
Blame it on the banks. They needed to unload properties. Investors agreed and now the mess.
@dialecticalmonist3405
@dialecticalmonist3405 Месяц назад
Spending 1 TRILLION dollars every 90 days has nothing to do with it then? Ok, gotcha.
@brahmaistrash.indiaisatoil5292
@brahmaistrash.indiaisatoil5292 Месяц назад
Blame it on yoyr government who keeps printing and fund more israeli wars
@alipainting
@alipainting Месяц назад
The housing run up and crash was caused by the repeal of the Glass Steagal act.
@dialecticalmonist3405
@dialecticalmonist3405 Месяц назад
@@alipainting But they repealed it because they needed the revenue to avoid bankruptcy. They have been kicking this can down the road for decades.
@lifeisamatrix6904
@lifeisamatrix6904 Месяц назад
In Texas they are throwing up Home Depot 600sqft sheds for houses with $1900 rent. This is truly out of hand
@bobbytatum84
@bobbytatum84 Месяц назад
Where at in Texas?
@adrainiamingo
@adrainiamingo Месяц назад
That’s ridiculous
@kingscairn
@kingscairn Месяц назад
In Most places there not code and illegal - somme buy an acre and put one of those up only to have it disallowed for habitation
@pamcombs8986
@pamcombs8986 Месяц назад
Thanks for being brave enough to speak truth. Too many sticking their head in the sand.
@SS-cc8wr
@SS-cc8wr Месяц назад
The government and investors are shameless! This is awful what they have done to this whole United States home ownership along with the property taxes and insurance companies!
@RED-cy7ig
@RED-cy7ig Месяц назад
The problem with the corporate owners is many times they sometimes become slum lords. We have seen this in many apartment complexes and condos. It takes more money to maintain houses when renters don't always maintain them. The corporate owners have money to fight and delay fixing or maintaining properties.
@eattherich9215
@eattherich9215 Месяц назад
It is not the job renters to maintain someone else's property. The owner is responsible for maintaining the fabric of the building and to fix anything that stops working inside the premises. Lest you forget, the tenants are paying rent in exchange for a roof over their head which should be in a fit and habitable condition.
@quietstorm483
@quietstorm483 Месяц назад
@@eattherich9215True but you can’t ignore that many renters mess up and degrade the property they rent. One reason why a lot of homeowners stopped taking section 8 tenants in my area
@bobcruz2826
@bobcruz2826 Месяц назад
The american dream is now to make enough money to get a passport and leave America.
@Castle743
@Castle743 Месяц назад
Politicians feeding us the "AMERICAN DREAM" FOR DECADES the last affordable housing was after World War 2 "Unafortable housing" For years nothing new to me at 59 years old, just worse now. WITH INVESTOR GREED!
@KristinaSmallhorn
@KristinaSmallhorn Месяц назад
True.
@emilyveronicam
@emilyveronicam Месяц назад
Prices skyrocketed during the pandemic but have been going up like crazy the past 20 years
@Redclaw340
@Redclaw340 Месяц назад
Corporations are the real issue here.
@Leonnie13
@Leonnie13 Месяц назад
Only the ones in bed with the government. The mega monopolies currently buying up single family homes to start the rent scams. The ones that worked to destroy small businesses during COVID. The ones that destroyed mom and pop shops. The isn’t the free market. This is the elite stacking the deck against the average American.
@Rustea314
@Rustea314 Месяц назад
Yes, the FED a private bank.
@erniegutierrez2288
@erniegutierrez2288 Месяц назад
the simple minded Americans out there blame the "Government" without realizing that WE THE PEEPS are the government and that corporations have taken it over.
@Leonnie13
@Leonnie13 Месяц назад
@@erniegutierrez2288 technically, we the peeps are not the government. We vote to have an individual represent us. I would agree that a large part of the responsibility for this mess is the people. We vote like we are rooting for our favorite team regardless of past performance. We decided that government needed to just take care of us, which accomplished two things: 1) disengagement from local community, and offering too much power to those is power. We let government get too big. We fail to hold our representatives accountable. And we have fallen in line by fighting amongst ourselves.
@onceupon3805
@onceupon3805 Месяц назад
@@Leonnie13 we vote, but don't forget about gerrymandering, legalized bribery from ceos to politicians, propaganda, not making voting day a holiday, the electoral college, career politicians, etc.
@suzybearheart530
@suzybearheart530 Месяц назад
There should be no property tax on a primary residence, or at least there should be a point where it is paid off so you can really own your home.
@Fawn91193
@Fawn91193 Месяц назад
Get off the system.
@cappstreet1601
@cappstreet1601 Месяц назад
They not only want to own all housing but all the farmable land too the billionaires hold 6 million acres-media talks about gates holding 270000 but no mention of below 2million acres ertc
@ennuiblue4295
@ennuiblue4295 Месяц назад
China is snapping up farmland too. They won't have to invade, they'll just buy it all
@brianscott5172
@brianscott5172 Месяц назад
The biggest problem in Knoxville is the infrastructure. They have built too many houses here too fast. Not enough schools, power grid goes down regularly, and roads need to be widened.
@m.woodsrobinson9244
@m.woodsrobinson9244 Месяц назад
So basically you guys are living like we are in Huntsville, Alabama!
@beep6202
@beep6202 Месяц назад
Living in Knoxville is a joke, which is why I moved to Jeff Co. ✌️
@pensacola321
@pensacola321 Месяц назад
I am a retiree who travels overseas quite a bit. I hear the same problems and complaints about housing everywhere I go. Too expensive and not available.
@bentleymalshi7953
@bentleymalshi7953 Месяц назад
It looks like my lifelong dream of living on a boat is going to become a reality for people worldwide.
@anniesshenanigans3815
@anniesshenanigans3815 Месяц назад
I stopped to make a comment about the zoning thing. In the city I worked in for decades, there was some 'low rent housing' downtown almost on the waterfront. Somehow they determined that the ground was polluted.. So they forced all the residents out and bulldozed the property, saying that they had to do a cleanup and eventually would rebuild the affordable housing. So at least a decade goes by. The property is starting to be developed.. But now, it's developed into fancy very expensive single family homes... those people that were relocated were long forgotten. I wonder if this is what happened to that property?
@zmarko
@zmarko Месяц назад
Put it back in the people's hands by taking it out of the corporation's hands.
@santiagojuliao3695
@santiagojuliao3695 Месяц назад
They probably buy those properties with different "Corps" to avoid to be considered monopoly, but isn't the same thief with different clothes...!?
@Trekmario1701
@Trekmario1701 Месяц назад
Also . If you want a tiny home . Its cost as much or more than residential homes . You cant win
@MultiPraderas
@MultiPraderas Месяц назад
Unfortunately, like most of everything else today, manipulated and controlled by criminal mafias! # OrganizedTargeting
@alexsdb9712
@alexsdb9712 Месяц назад
It's the broken dream in all western countries, but it's also found in developing countries - housing AND employment. It's simply a generational issue and a tragedy. Crimes Against Humanity. It's not just gov't being the culprit but never ever forget that it's also the doing of previous generations prior to Gen X/Millenials/Gen Y and so on. They either pulled the ladder up from behind them, or they assumed things will always be the same, or simply they were indifferent and silent. Now you have the result: the lost generations, and this group must be discussed in history today and the future. Never forget.
@internetperson8146
@internetperson8146 Месяц назад
Red tape has always been the enemy to affordability and efficiency. Glad to finally see people noticing, I guess.
@JessicaFerri-um4hf
@JessicaFerri-um4hf Месяц назад
Here is the thing about "... community acceptance" and the "riff Raff" post : a woman who was a government worker testified in Congress that statistically almost 50% of American middle class families are now on food stamps. This was only a few years ago. People who are not affected by financial hardship do not see it and won't hear that much about it so Federal government can keep the illusion of stability that they can claim they are responsible for, "vote for me, I will fix everything".
@chrisd7133
@chrisd7133 Месяц назад
“Keep the riffraff out”. Smh. I live in Atlanta and I heard my step mom say the same thing. I looked her dead in the eye and said “you’re talking about us” meaning my wife and me. We live in an apartment in Atlanta, and we’re just two professionals. But the latent racism in Atlanta keeps so much of the housing supply tight.
@pneumaticman5927
@pneumaticman5927 Месяц назад
My wife and I sold a very nice home 3 1/2 years ago before we moved to Austin. We’ve been renting apartments ever since moving here. I have yet to meet any “riffraff.“ and we make almost 200,000 thousand between us.
@markp1950
@markp1950 Месяц назад
Incredible tiny homes starting at 25-30K. Of course banned.
@TedK4307
@TedK4307 Месяц назад
I got my ITH RJO last year for 15k. :)
@majo9042
@majo9042 Месяц назад
​@kristalk4307 Where?. Can you share the website please?. I am looking for one.
@noreenn6976
@noreenn6976 Месяц назад
Then you need a place to park it.
@lorigreen3828
@lorigreen3828 Месяц назад
@@noreenn6976 Exactly! And even if you own land it's incredibly expensive to get it up to code to park it. Most counties only allow you to "park" for 2 weeks on your own land until you have sewer, power, and a foundation.
@EmilyGloeggler7984
@EmilyGloeggler7984 Месяц назад
Honestly, I don’t blame people for not sinking to that level of being cramped in a box.
@luisbarragan1816
@luisbarragan1816 Месяц назад
Love your content. I am a Loan officer in Nevada and all your comments are spot on. What do you think about making all appraisals equal? This along with a 100 day owner occupied only. Would make a dent on the housing crisis. And guess what neither of them require any tax payers dollars.
@robertwendal5894
@robertwendal5894 Месяц назад
If you didn't allow corporations to own single family residence for rent and only allowed them to own apartment complexes you would immediately see values drop as these corporations would have to divest and open inventory.
@samkurz
@samkurz Месяц назад
What a mess. I think real estate is now not the American Dream.
@amandamcadam114
@amandamcadam114 Месяц назад
They use to have the peace corp for young people to work in impoverished places for low wage, but you got room board travel and experience. Why not a government program to finance young people go into areas and build homes alongside carpendres, electricians etc?
@jesse_-
@jesse_- Месяц назад
They have something like that. It’s called Habitat for Humanity. Problem with your plan is that it takes a while to build a home, especially when it’s a non-profit option, and people cannot take off work for months or even a year to build a home. The regulations that are involved with home building these days adds to the complexity.
@danpan001
@danpan001 10 дней назад
The fees to the City is too expensive.
@AlGossett-rn1ph
@AlGossett-rn1ph Месяц назад
We can't expect the corporations to do the right thing that's why the government needs to step in, but they just sit on their hands
@islesofshoals3551
@islesofshoals3551 Месяц назад
Corporations pay the politicians big bucks to do what they want
@shortclipwriter
@shortclipwriter Месяц назад
Your video supplies a collection of facts that support the theory, "We go from one mistake to the next and call it progress." A problem fixed today may create a problem to be fixed in the future. In 1981 mortgage rates peaked at 16%. 40 years later, they dropped to 3% in 2021. In 1981, there were 229 million people living in the USA. In 2021, there were 332 million people living in the USA. The next question would be, "How many housing units were there in 1981 and 2021 divided into the population numbers?" Here are ideas that may defy logic. The baby boomers aged 65+ could sell their big family-friendly houses to younger people who need a big house to start a family. Deserted shopping centers could be zoned for Senior Housing that would be in a park-like setting. Builders could be encouraged to build a single-level house for less than 1,000 square feet for seniors. Just the basics. Thank you for opening the discussion.
@quietstorm483
@quietstorm483 Месяц назад
I agree with those ideas. I suggested it to a city council meeting (for further discussion, ideas, and possible plans to modify zoning to make these ideas feasible) and was laughed out the room. Yet we have two huge practically empty shopping centers wasting space here.
@shortclipwriter
@shortclipwriter Месяц назад
@@quietstorm483 That reminds me of the saying, "Every new idea must overcome 10 old ideas to be accepted."
@Linda25399
@Linda25399 7 дней назад
You hit the nail on the head with this one and it needs to be stopped.
@user-lh5re8jh7u
@user-lh5re8jh7u Месяц назад
Part of the issue in Knoxville for affordable housing is the lack of provision for additional roads. Congestion is a big concern.
@alipainting
@alipainting Месяц назад
I tell youngsters to use their energy to get a job that pays well and includes room and board. Save everything. Take that cash and get together with a friend to buy a house, then fill it with housemates or medium term renters. Eventually, if paid down and recast or refinanced for a lower payment they will be able to take over one of the bedrooms with a regular job. In the meantime, a bedroom can be lived in for a few weeks for fixing and cleaning purposes. An example of the jobs where you can save are: yacht work, live in nanny, oil field, merchant marine, trucker. I had a housemate who had just finished a summer server job where he camped free and in a double shift day made $1,000/ day in tips. I'd like to hear about other such jobs!
@VDOVault
@VDOVault Месяц назад
I would tell them live in caregiver for an adult or elder with serious health issues over a nanny. The birth rates are down, the aging is increasing, the chronic health issues & disabilities are also going up. But live in caregiver or nanny would both work for building some kind of nest egg.
@clm3436
@clm3436 Месяц назад
Also, because of a steep rise in health insurance costs, many services cost a lot more.
@tenaoconnor7510
@tenaoconnor7510 Месяц назад
Maybe there needs to be a cap put on rent prices, make it a percentage of the average and lower income in that area not what greedy landlords want. Then maybe a cap on housing prices. If greedy corporations were forced to sell houses for a fair cost to the buyer things might get better 🤷🏼‍♀️
@ThisMoment11
@ThisMoment11 Месяц назад
I see what’s going on now… DESPICABLE !!!! Thank you for shining a light, Kristina! Love your channel, your honesty and integrity.
@lisafaust3801
@lisafaust3801 Месяц назад
U are correct--the gov is no longer regulating
@williamkleimanjr
@williamkleimanjr Месяц назад
Under regulated appraisal process has alot to do with the affordability crisis. Banks stopped qualifying houses for a mortgage and focused more on qualifying the buyers. Comparables don't look at a houses actual value just how much the asking price compares to what other houses in the area are selling for. Banks should of been denying more mortgages when the physical value of the house didn't align with the asking price.
@ikreate4u
@ikreate4u Месяц назад
This would make sense. Unfortunately the banks are in it for MONEY so there is no benefit to them keep the gullible buyer from buying an overpriced house that they logically can’t afford then can simply foreclose on and then sell at the new inflated rate.l because they are covered by PMI and other government assistance .
@KittyCityC
@KittyCityC Месяц назад
This is not true for my area at all. Land prices are affordable in our area however, building prices are outrageous - yet builders are busy and booked 2 years out. WHY? Because there are tons of people moving from out of state and out of the area (from more expensive areas) bringing gobs of cash with them to build. Starter home prices went from $225k (in 2020) to now $340k while the median income still remains low for younger working families in the area. Building prices are averaging $300 a square foot (way out of my working-class budget).
@AlexP-dz7ew
@AlexP-dz7ew Месяц назад
Same here. And the longtime residents taxes are skyrocketing, forcing them to sell to the people overpaying for the area. It’s actually caused homelessness to increase in my area
@danpan001
@danpan001 10 дней назад
$225k for starters? That is very low comparing to Los Angeles where I live. A entry level 1000 sqt in working class neighborhood is about $700k. I assume you are in Texas or somewhere in the South or Midwest
@danpan001
@danpan001 10 дней назад
​@@AlexP-dz7ewThat is why we have Prop 13 in California so you aren't forced to sell due to property tax increases
@hanselito2416
@hanselito2416 Месяц назад
She says we're turning into a monopoly. Its much simpler than that, its feudalism.
@kristinaleedobrick9414
@kristinaleedobrick9414 Месяц назад
Thank you for this video- my husband and I bought our dream home shortly after we got married. The plan was so always stay there and we welcomed our twin sons and lived there almost 7 years. We made the difficult decision to sell our home last summer to put our sons in a better school system and move in with my parents as we home search. 10 months later with our items in two storage units, we are still living in my parents finished basement and to say this season has been challenging would be an understatement. (We are so grateful for family and health) but what is going on in our country in the housing market is heartbreaking.
@rosemarywilliams9969
@rosemarywilliams9969 Месяц назад
I vote the way I do because since the age of 17 no government program has helped me. I don't think the government alone is to blame. When greed and profits come into anything, there's enough blame for everyone😢 I blame myself everyday for believing in the dream. I guess I should have been skipping school and investing while creating 17- streems of income when I was 10 years old🖤
@tdf123emcee2
@tdf123emcee2 Месяц назад
I don't get it. At 17 if you go to college and applied for PellGrant or FAFSA you would be eligible for aid without having to get a loan for education. If you don't declare yourself as a dependant the financial aid should have kicked in.
@matthewronson5218
@matthewronson5218 Месяц назад
streems of income
@onceupon3805
@onceupon3805 Месяц назад
The system needs to be adjusted so that it rewards kindness and punishes cruelty. That is not the legal/ social/ economic system we have now. The rules need to be revised, updated.
@ennuiblue4295
@ennuiblue4295 Месяц назад
​@@onceupon3805 the ruthless pay the lobbyists (who essentially write the laws, politicians are just bought and paid for middlemen)
@O.J.S.
@O.J.S. Месяц назад
You are doing great work!
@wendyboester7925
@wendyboester7925 Месяц назад
Kristina… you go girl! Love you and your message.. my husband and I started watching you for your great real-estate information. But I love ❤️ that you are presenting what has really happened with the housing market! A fan from California…
@Mysticinvestigations
@Mysticinvestigations Месяц назад
The Dream lives on but you have to build a tiny home at least an hour away from any town that has a national chain establishment. Most people have too much pesky furniture anyway. Each person in any given household only needs a chair and a computer table. That's where you surf the net, watch TV, and eat dinner. A small futon or cot is fine for sleeping. The era of luxurious living is over but the Dream still lives on in its own unique way!
@kristensorensen2219
@kristensorensen2219 Месяц назад
My parents built their home in 1959. The lot cost $500 and the home cost $25,000. Today the property tax assessed value is 1&1/2 million. Property tax is $1,100 per month. Mom lived here until September 2023. Now as her son and care giver I live here. Rent on it would be $6,500 per month. Oregon laws now let me turn it into a duplex.
@AlexP-dz7ew
@AlexP-dz7ew Месяц назад
In 1959, my grandparents weren’t allowed to own a home in the majority of the US Must be nice…
@danpan001
@danpan001 10 дней назад
The same house on Los Angeles or other places in California would have a annual tax less than $500 due to Prop 13. Unless your parents are rich how can retirees afford $1100 property tax? Property tax should be eliminated and replaced with sales tax
@cosmoscoach4698
@cosmoscoach4698 Месяц назад
👏🏿Thank you!!!
@dadzilla007
@dadzilla007 Месяц назад
One possible cure to corpration neighborhood buyouts is to remove tax deductions to mutiple property rental ownership. Another is to require a local presamce to support those local rentals.
@DefectoPerfect0
@DefectoPerfect0 Месяц назад
It's the lack of big meaningful regulations. These smaller programs doesn't do much when companies and private interests can still buy up houses for short term rentals and long term rentals.
@zatosan729
@zatosan729 Месяц назад
Even locking in 2.4 percent on a mortgage, home insurance increase in Florida has become painful.
@shootermcgavin4999
@shootermcgavin4999 Месяц назад
jesus. I got a 3.65. 2.4 percent. That's a dream.
@orlandodiaz2463
@orlandodiaz2463 Месяц назад
Schools need to give children the option to learn construction. In Dominican Republic builders start selling the houses while construction is still underway. That lets people opt into what they want to buy before it is made. Adjustments could be made with time. A friend of mine bought in early and had to wait 3 years, but he’s very comfortable now.
@dixiegirl999
@dixiegirl999 Месяц назад
I hired an electrician recently to change out a dryer plug-in since I needed a 4 prong instead the three. Just for 15 minutes, he charged me $200. I sure won't hire him again.
@desperadodave5970
@desperadodave5970 18 дней назад
7% for a home is so insane, the greed is out of control.
@shirophoenix01
@shirophoenix01 Месяц назад
All of this happening, the citizens of this country trying to survive and the govt makes it a priority to ban TikTok. Not make better laws for us renters to be able to buy a home, not to make it easier to have construction done, no...banning Tiktok is a more pressing matter.
@joellee5863
@joellee5863 Месяц назад
Try pricing out the cost difference at a Lowe’s or Home Depot or builders supply of OSB (Oriented Strand Board the modern replacement to plywood) with or without radiant barrier and you will find it comes to probably a dollar per sheet difference these days. All that extra $10k or $6500 to $20k is nearly pure profit for the builder for something that the installation is exactly the same for and only costs them approximately $300 extra. I used to work in roofing and a lady at one of our suppliers bought a new house and the builder up charged her somewhere around that amount for the Radiant Barrier, she knew exactly what it was costing them and confronted them about it and said she wouldn’t pay that much for an upgrade that cost them so little, but her builder’s sales rep wouldn’t budge and so she paid it.
@danpan001
@danpan001 10 дней назад
What is Radiant Barrier?
@Starfish2145
@Starfish2145 Месяц назад
People who short sold their Home in 2009 -2012 were able to buy again just two years later. Never walk away!!
@hooponoponogirlz
@hooponoponogirlz Месяц назад
Monopolies were once illegal. I think it was Reagan who repealed that one
@ElizabethHanley-xe9zn
@ElizabethHanley-xe9zn Месяц назад
Thank you for this video... hopefully some govt officials will watch
@TallGuyLamar
@TallGuyLamar Месяц назад
I was getting myself set up the finally be a 1st time home owner but lately due to what’s been going on I pulled back and decided to save my money…. Even with the car market smh!! Bought my friends car for $3,000 to ride around in till this American dream comes back to being possible again
@craigcaggiano431
@craigcaggiano431 Месяц назад
I truly enjoy this video and the shorter videos. Thanks Kristina…
@bettemiddler7756
@bettemiddler7756 Месяц назад
I dont think we will see change unless people start to react drastically. Housing is only a portion of the iceberg,how long until we've all had enough?
@clm3436
@clm3436 Месяц назад
Our friends just had solar panels put on their home for a cost of $22,500.
@PlatinumDragonProductions999
@PlatinumDragonProductions999 Месяц назад
3:22 This is so remeniscent of what happened with radio stations with the 1996 Telecommunications Act that lifted restrictions on how many radio stations that corporations could own in a given market. The result has been homogenized radio all dictated by the few corporations that own all the stations.
@ronron2312
@ronron2312 Месяц назад
You do realize that it was homebuilders and the real estate industry that set the stage for the Great Recession. I did not see homebuilders nor the real estate industry be about changing the system. Like corporations builders and the industry only focused maximizing profits. The wiring for EVs is the same as the wiring the wiring for an electric dryer. In fact there are devices that has a switch that allows you to switch the power from the dryer to the EV. In our area we still have high school programs for trades. The number of kids that enroll in the is down dramatically. We were self builders. Back in 1998 instead of using 2x4s we used 2x6 for the outer walls. We used insulation with R23 insulation in the walls instead of R13. In 2005 we invested $8k in solar panels. The result, we have not had to pay an electric bill since 2005 and we pay an average of $50 per month for natural gas.Not bad for living in the Northeast. The energy savings have allowed us to build wealth faster.
@danpan001
@danpan001 10 дней назад
How much more to use 2x6? 20% more?
@cable30
@cable30 Месяц назад
Yes don't sell home to investors it just becomes another rental anytime and the next person can't own it cause investors are gonna charge more to own it and not just rent it anytime so to own a house u gotta dream about it to own it anytime 😢
@richardchilders7584
@richardchilders7584 Месяц назад
Comparables has nothing to do with not wanting to live in a high crime area.
@aaronpoisson
@aaronpoisson Месяц назад
My state had/has high school programs for the trades and are called Vo-Tech for Vocational Technology such as carpentry, electrical, plumbing etc…
@growlinbear
@growlinbear Месяц назад
The government and their lobbyists is 100% responsible!
@randiD123
@randiD123 Месяц назад
I do have an opinion on the affordable home build thing. I live in a small city in NC. I can testify that if they approve and build a multi family housing project, it will most definitely draw people you would NOT want living near your neighborhood. There is a LOT of "affordable" building that is actually qualified for Sec 8 rental. Of course, not all those people are undesirable but the ones who genuinely do need a little help won't move there because of the ones who just take from the system. I love your viewpoint on almost everything, but that building here would drive down values. Guaranteed.
@_Chicagosfinest
@_Chicagosfinest Месяц назад
Sounds about yt 🎯✅
@quietstorm483
@quietstorm483 Месяц назад
You are not lying. I have seen three different housing developments in my city become crime ridden and harm the people who live in the units. A few bad apples make it hard for everyone else.
@thetapheonix
@thetapheonix Месяц назад
Affordable houses will definitely lower property values, not because of appraisal nonsense but because of the type of people it draws.
@princessmarlena1359
@princessmarlena1359 Месяц назад
Where I live, rent is on average $1,800 per month for a studio or single, $2,100 per month for a two bedroom (even in low income or high crime neighborhoods) and yet our state’s minimum wage is $7.25/hour (same as federal). Average income is not that much better. We have people flooding into my state and fighting over owning and renting property.
@danpan001
@danpan001 10 дней назад
Houston Texas?
@princessmarlena1359
@princessmarlena1359 10 дней назад
@@danpan001 further east…east of the Mississippi, south of the Mason-Dixon Line. 😉
@danpan001
@danpan001 10 дней назад
@@princessmarlena1359 I am in L.A. the income to buy a house with median price is 197k. Who can afford it?
@princessmarlena1359
@princessmarlena1359 10 дней назад
@@danpan001 Right? I used to live in L.A. until 2018.
@SidFreedman-kj1zn
@SidFreedman-kj1zn Месяц назад
I like you you are not offensive and report without bias imo. Thanks
@Texanrascal
@Texanrascal Месяц назад
Great video boss
@anitraahrens905
@anitraahrens905 Месяц назад
The government needed to take action decades ago with policies to build more affiliate residential real estate instead of commercial real estate. Now we have an oversupply of vacant real estate and a lack of residential real estate. We are in a free fall crisis, and it's getting worse.
@KL-sc4qj
@KL-sc4qj Месяц назад
I make low 6 figures and can’t afford anything here in New Jersey. Something has to change.
@danpan001
@danpan001 10 дней назад
That is why people move to the South. RFK JR running on restoring the middle class because even his children can't afford a house
@mikeh66
@mikeh66 Месяц назад
OUTSTANDING VIDEO!
@stuartsmith5146
@stuartsmith5146 Месяц назад
Just watched an interview with the creator of Mazda Miata. It was MADE to be modified. Housing can be affordable with original architect designs for future mods. The question of building efficiency into new housing is answered with the question of “How much will utilities rise in price”. I paid more in heating for a 800sqft apartment than an updated, 1952, 2500sqft house with two OG chimneys. If efficiency is built in, people can better survive in their homes - economic, not environmental.
@danpan001
@danpan001 10 дней назад
It won't work with too many regulations. The City fees alone would be too expensive to build
@cheekytitaable
@cheekytitaable Месяц назад
There’s is a supply of homes that are too high in price! In some areas, desired areas. In others values are dropping, which is causing people to take off market. The market is a psychotic mess
@BrianBurwell
@BrianBurwell Месяц назад
You mentioned a discrepancy between making energy efficient homes is between $6,000 from the government or $20,000 according to the "industry" (whatever that means). How much of that discrepancy is due to the "ideal' home to be built? I recall a recent video you put up taking about the size of the homes building built. If the government is saying making a 1,000 square foot home starter homes but the industry wants to build 3,000 square foot McMansions, that would about account for the discrepancy between the estimates. 1,000 square foot to 3,,000 square foot is three times the size; $6,000 to $20,000 is a little over three times the price. Sadly, that additional $2,000 is probably little more than the installer ripping off the buyer because the builder has a clause in the contract you have to use his people to install it.
@BrianBurwell
@BrianBurwell Месяц назад
Addendum: Two (related ideas) to help with the prices of homes. First, a progressive property tax, probably just on the land. It will help deter single entities from buying up all land because it will actually become increasingly more difficult to turn a profit on buying additional land. In turn, it will create downward pressure on price, because the land owner needs to be able to attract tenants to justify having the land. This should encourage both higher density development and nicer amenities because the developers will be trying to strike the perfect balance to attract tenants. Second, phase out tax benefits for developers to discourage having one developer from taking over a market to encourage competition with people who want to build multi-family housing and allow single family housing to be built as well. I did think of a third thing: don't let a Russian nesting doll LLC buy land or receive any tax credits. If you can't go to the register of deeds and easily find the actual owner of a property, then it's likely something shady is going down. Likely, someone is trying to get around the law to unjustly benefit.
@equalizir1
@equalizir1 Месяц назад
I live in Henderson Nevada and we bought our house in a gated community in 2009. Most of the homes in our neighborhood are rentals.
@KristinaSmallhorn
@KristinaSmallhorn Месяц назад
Yikes! 😳
@danpan001
@danpan001 10 дней назад
Really? That is strange.
@equalizir1
@equalizir1 10 дней назад
​@danpan001 Investors came in and swooped in and bought a lot of the homes. We got ours for 150k. A year after we bought ours homes were going for 70-80k. All these homes now are in the 400k range.
@davidd.8256
@davidd.8256 Месяц назад
I don’t care if it’s institutional investors or mom and pop investors, the effect on the market is the same. So what if Blackrock owns 38k homes and an individual owns 19; inventory is being reduced. Better solution is for institutional and individual investors have to build NEW HOMES to rent them, this solves two problems. The only extra homes an individual can own is an existing property that is bequeathed to them. Ta Da 🤷‍♂️
@debbiel8585
@debbiel8585 Месяц назад
My subdivision is not allowing anymore rentals. I f owned by an investor and rented, if that home sells to a new owner can no longer be rented. When the rental house nextdoor ( who by the way was a nightmare) moved and the house went up.for sale, we had to notify the HOA and they came and put a sticker on the door it could not be rented anymore. Problem is the neighbors have to notify the HOA and I dont think some are paying attention.
@danpan001
@danpan001 10 дней назад
Really? That is legal? What state is this?
@chefbrooklyn5140
@chefbrooklyn5140 Месяц назад
Hi Kristina. Question what is your opinion on the Supreme Court having oral discussions about homeless people sleeping on the streets
@dolarizacionenaccion790
@dolarizacionenaccion790 Месяц назад
You should make a video about the specific situation in DC where, by law, buildings cannot be taller than Congress (statue of Columbia). Residing here I feel that's what keep housing prices so high in this area, as buildings have to be short to accommodate that rule.
@DistractedDaisy
@DistractedDaisy Месяц назад
You’re right on so many levels!😐
@mjschicago56
@mjschicago56 6 дней назад
They think that it makes their home less desirable. They are asking themselves who want to pat for a big ticket home in this type of environment. In a way they are right.
@ScottsFinancialThoughts
@ScottsFinancialThoughts Месяц назад
Though the government has made their mistakes and are part of the problem, but at what point are the people part of the problem as well? We want affordable housing but not in our neighbourhood. We want affordable housing but we also want to profit off of it as well. We want affordable housing, but it must have multiple bathrooms, two car garages, lots of land, etc. You don’t want government in your business, so what can you do on your own as a people to them out.
@bryantheora6741
@bryantheora6741 Месяц назад
Its NOT about affordability, these products benefit a company. If they really care about affordable housing the materials already exist and addressing the root of the problem by just upping our building standards and making house less of a speculative investment vehicle would ABSOLUTELY make housing affordable.
@user-dl5hs2ez9p
@user-dl5hs2ez9p Месяц назад
California title 24 building code is ridiculous and outrageous! So many ridiculous demands.
@user-ib2gd8jx3d
@user-ib2gd8jx3d 26 дней назад
there should be a limit of rental properties, a ratio set within a population and all else should be turned to condos. Hardly any condos from what I could find.
@AdaptableAutonomousHouse
@AdaptableAutonomousHouse Месяц назад
Portable mass-produced housing platform is ready! Use it
@Joce123
@Joce123 Месяц назад
I don't know. Mason City Iowa this week..1 bed 1 bath $17,500 on the market 9 days. No basement or garage..There is a cement pad for a garage. If you can work remotely there are inexpensive options...maybe build an addition..at least no rent increases Net income monthly if you work at Walmarr or the airport or huge hospital or college..$2,300 a month
@AlexP-dz7ew
@AlexP-dz7ew Месяц назад
Companies don’t want to provide remote work…
@danpan001
@danpan001 10 дней назад
$2300 a month for?
@Joce123
@Joce123 10 дней назад
550 sq ft 1 bed 1 bath is small...but if a couple wants to save money to build a nest egg it might work. If you're from the Midwest that would seem incredibly small but if you're from New York. it might seem very doable especially since you can go outside have a huge garden live across a street from a 2 block park and only be 8 blocks to a Kwiktrip convenience gas station. Intra city bus 40cents a ride..City has an airport.big box stores. College. Great health-care..
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