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Billionaire Democrat reveals unintended consequences of Biden’s rent cap proposal

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Real estate entrepreneur Jeff Greene unpacks former President Biden's rent control proposal on 'The Claman Countdown.' #FOXBusiness
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Опубликовано:

5 сен 2024

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Комментарии : 659

@CParks5784 Месяц назад

Stop paying illegal immigrants.

@jryecart8017 Месяц назад

the newest slaves of the DEMOCRATS

@stevedallas4942 Месяц назад

@@CParks5784 Put them to work on the border wall. Minimum wage, of course.... Or better yet, prison wage (that's like 18¢ an hour).

@EricCanterra Месяц назад

Our country does NOT have a revenue problem it has a SPENDING problem!

@jryecart8017 Месяц назад

DEMOCRATS are the party of slavery

@billiamc1969 Месяц назад

Definitely both dude...get a grip

@anthonyhuber-permanentlyre7808 Месяц назад

@@billiamc1969 *We have a revenue problem in the sense we are overtaxed.*

@born2bbald12 Месяц назад

I will add by saying our Country has a Marxism/Socialism problem. Trump is a Capitalist, Biden is a Socialist (Harris is even further to the left). Now compare the Trump Administration with the current Administration. Do I really need to ask you with which one were we better off - economically?

@seanprice6345 Месяц назад

Cutting taxes increases revenue. Our government needs to cut spending not increase. We waste trillions on bureaucrats

@darkdan3379 Месяц назад

And golf trips...

@RossHebrank-h2b Месяц назад

@@darkdan3379Well I don't know Biden really that's the only thing he's doing right is to do one thing but that's not gonna be enough most of us still think he's another jimmy Carter

@seanprice6345 Месяц назад

@@RossHebrank-h2b Jimmy Carter was a negotiator who traveled the world after office working toward peaceful solutions. Biden doesn’t excel in negotiating or even talking. He is far worse than Carter on the world stage. Carter at least tried to get American hostages out , Biden just ignores that Americans are being held hostage

@jerroldrieger5345 Месяц назад

Democrats are using the money to reinsert themselves into office as well they are using the lying democrats msm, they used the virus that they helped to create by funding the lab and people still vote for the people that are actually harming the country

@jerroldrieger5345 Месяц назад

@@darkdan3379how is that Trump owns his own country clubs he didn't use any taxpayers money if that's where you are going besides he was on the democrats msm nearly every day...

@jannaabdella997 Месяц назад

Why shouldn't the government give Americans the things that this Administration is giving immigrants and more. It's sicking that they get more than our Americans.

@HBrown-pu2hb Месяц назад

FJB and his Puppeteers !😂

@terrylancey5451 Месяц назад

Exactly! Those who are severely struggling get nothing. They have just been ignored.

@carriecree1789 Месяц назад

I don't know who is making this human trafficking scheme run, but the ones making profits from them staying is a good place to point the finger. The companies that operate the bus, the processing agents, the hotels, the shelters, etc.

@loudowney9360 Месяц назад

Because it's a planned destruction of America!!!! The open border was to allow an invasion of mass destruction!

@David-hm9ic Месяц назад

It is not within the Constitutional domain of the US government to be giving those handouts to ANYONE.

@Angela-ge2rx Месяц назад

Worried about killing babies instead of real issues. We are doomed. Jesus, save us from these ungodly people.

@user-ix8qv1uy4r Месяц назад

Perfectly put. Pushing killing the unborn is gross.

@saved217 Месяц назад

@@user-ix8qv1uy4r Don't forget, all the different sexual perversions too. Unfortunately, the majority , support all this. As far as Jesus, saving us from all this, it's freely offered, but most reject him, and God won't save , those who don't want saved.

@lisafigueroa7433 Месяц назад

Killing babies is one of many real issues

@deesticco1719 Месяц назад

😊

@JescaML Месяц назад

@@lisafigueroa7433only for the sick who refuses to use protection.

@garymitchell7551 Месяц назад

This man may be a billionaire but his economics aren’t very smart … cut taxes and cut spending is the answer

@JescaML Месяц назад

Can’t make millions in Congress. That was briberies and money laundering.

@AMX86 Месяц назад

Government MUST stay out of the private business of individual Americans.

@sparkyjerred419 Месяц назад

My property taxes increased 40% 2 years ago. The cost for repairs has also increased dramatically.

@MarkMcCullough-y5s Месяц назад

Last year my property assessment was almost doubled and property taxes increased 55%.

@sparkyjerred419 Месяц назад

@@MarkMcCullough-y5s 2 years ago mine increased 40% & 1 year ago that increased another 20%. I'm paying more than 2x what I was 5 years ago.

@MarkMcCullough-y5s Месяц назад

@@sparkyjerred419 yeah, I live in a poor area and I've been hearing about people really struggling to pay property taxes and wondering if they can keep their homes if they go any higher.

@sparkyjerred419 Месяц назад

@@MarkMcCullough-y5s I am also in a poor (mostly democrat) area & I'm late on paying my property taxes.

@MarkMcCullough-y5s Месяц назад

@@sparkyjerred419 best of luck. They'll give you time.

@aprilvilliar7907 Месяц назад

I’m in FL and rents are rising. I’ve never seen anything like it. I pay more for a one bedroom in a crappy part of town, than I did in 2016 for a two bedroom house with a loft in a wealthy neighborhood. Rents aren’t falling in the panhandle

@harrymills2770 Месяц назад

Democrat billionaire. If he believed his party's positions, why doesn't he give most of it away?

@harrymills2770 Месяц назад

@@domega7392 This is very true. That's why they virtue signal to make government programs, instead of just giving to charity, themselves, and encouraging others to do so. Republican voters have always contributed more to charity than Democrat voters.

@georgewagner7787 Месяц назад

He might have it tied up in real estate

@charlesyoung2530 Месяц назад

And he moved to Florida to avoid California taxes.Democrats are the biggest hypocrites.

@Ixciimero Месяц назад

Get your head off TDS and support Trump

@SalLuna-x5x Месяц назад

😂 what's it like to worship an animal!😅

@rharoldkane4447 Месяц назад

@@SalLuna-x5xyou should know. Trotsky was one, and so was Che Guevara, the loser on your tank top

@SalLuna-x5x Месяц назад

@@rharoldkane4447 LMAO 🤣🤣🤣🤣 Trump Cultists are FREAKS. Better learn Spanish because we coming back home.🤣 (trigger a Trump Cultist)

@Ixciimero Месяц назад

@@SalLuna-x5x you mean the one who can't even pronounce a word let alone complete a sentence

@christiruth3380 Месяц назад

@@SalLuna-x5xwe don’t worship animals we worship God! Maybe you should try finding Jesus!

@satanicpanicattheddtable2604 Месяц назад

Rent is not dropping in Florida tell another lie

@SueHammer-j2j Месяц назад

They say 12 millions new comers. Yet they stated 3 years ago we didnt have enough housing. Sometimes smells.

@WilliamBowling-pp4wg Месяц назад

Federal rent control would be unconstitutional. it violates the Fifth Amendment. Also, if an eviction moratorium was unconstitutional during COVID, the same thing would be unconstitutional now.

@shiffleshanks Месяц назад

Bring down homeowners insurance and property tax and rent will come down.

@Olly.sunshine Месяц назад

They need it to house the migrants

@polyverse1 Месяц назад

And make it illegal for hedge funds and investment companies to own residential properties.

@seymourwrasse3321 Месяц назад

@@polyverse1 tell us more Comrade

@JesusAGUAS-z5i Месяц назад

@polyverse1 you dint believe in capitalism

@robingaray8321 Месяц назад

Hell yea. Cleveland Ohio just doubled our property tax. Shame on them

@patrickphelan5863 Месяц назад

What a Real Estate Developer calls a "catastrophe" - lower housing prices. What a normal person calls "lower housing prices" - fantastic. Trump / Vance 2024

@darlacox Месяц назад

@@patrickphelan5863 I agree with most of your post but hear better answers from RFK. Maybe I haven't listened enough but I am not hearing what Trump will do about it. The fact that he got rich from real estate makes me wonder.

@melindatarnow5713 Месяц назад

@@darlacoxbetter than cheating insider trading and gold bars.

@gwendolynkatz3067 Месяц назад

That’s debt is Joe Biden’s issues not Trump .

@rtquest22 Месяц назад

Wrong again. That's also your debt. You better pay back those fiat money printed into circulation.

@barbarasmith217 Месяц назад

@@rtquest22Your dept too, gotta pay up.

@rtquest22 Месяц назад

@@barbarasmith217 too bad I'm not American. From Singapore

@rtquest22 Месяц назад

@mouthrunner1082 you would get the suffering economically and financially by letting the politicians spend more at your expense back home? How's the Inflation Reduction Act working for ya?

@blintzkreig1638 Месяц назад

Everyone has to deal with it.

@keithusace4352 Месяц назад

I see it that my grandkids want to live with me instead of me living with them 😂

@ariellife1273 Месяц назад

Amen .

@dirostudios Месяц назад

650,000 homeless in America, 65 million on welfare, 10 million iileagal’s , 40 million on food stamps, people working 2,3,4 jobs to pay $2,000 median rent,

@georgewagner7787 Месяц назад

And if they would stop taxing the working people they could afford that rent instead of giving all their money away to people who are not working

@melindatarnow5713 Месяц назад

Try 50 million. Per speaker on Redacted the other day! Let that sink in! It will spread out!

@sharonfoley2610 Месяц назад

The cap doesn't hurt illegals. Our taxes will cover that!

@MichaelForte-jn5pn Месяц назад

Exactly

@maryjanegreen7601 Месяц назад

They don't rent, they get put up in luxury hotel rooms.

@sharonfoley2610 Месяц назад

@@maryjanegreen7601 it's our taxes that pay for it.

@maryjanegreen7601 Месяц назад

@@sharonfoley2610 yes it is

@peterhendricksen6946 Месяц назад

Yep, there goes our S.S.we out into the past 50yrs for me

@robert911m Месяц назад

I don't think giving taxpayer money in the form of vouchers to his renters rather than rent control is going to help the national debt. It is just going to assure that he get full rent payment off the backs of taxpayers and give him an incentive to raise rents.

@darlacox Месяц назад

@@robert911m well said.

@tl9235 Месяц назад

It’s the increased property tax, insurance and HOA cost that are driving rent up.

@RanleighWylde Месяц назад

@tl9235 - Those 3 things plus the hedge fund investors like this guy.

@JuliaDevan Месяц назад

Exactly! How about do something about the insane property taxes and home insurance and Biflation, That’s what’s driving up rent costs. Property tax for a renter is much higher than a home you live in.

@showtimeman5673 Месяц назад

Because the values are falsely overinflated due to the gross inflation. It affects us homeowners just as much

@ADale-nj4cx Месяц назад

How is an abortion have anything to do with rental properties?

@Time-rf7rs Месяц назад

Lower insurance rates, lower supplies cost (heat pumps, Freon, flooring, etc), maintenance charges (plumbers, electricians, HVAC,etc), property taxes, not exclusive - landlords might not need to keep increasing rent. The cost for landlords has skyrocketed over the past 4 years. Why are they the ones politicians are always going after? Maybe cap utility charges, property taxes, insurance rates, interest rates?

@shushu7574 Месяц назад

In my county in Georgia, tons of new housing and apartments are going up every year and rent is INCREASING EVERY YEAR!!!

@darlacox Месяц назад

Vouchers. Oh, more of people's tax money going to the rich. I think we have enough of that.

@zvmZvm0102 Месяц назад

The "progressive" healthcare policies do the same thing.

@georgewagner7787 Месяц назад

Most tax money comes from the rich. Research

@tyrekedadon7910 Месяц назад

This guy is a joke he helped make Boston rent the Highest in the Entire World. I can deal Without the upgrades . Boston 10 years ago you could get a 2br for 7 hun easily .Now you'll be lucky to get a studio under 2k .

@ninjagirl226 Месяц назад

And the rent control in my town has led to the demolition of several apartment units making the situation worse. So this whole proposal in my mind is a joke as I worry is my unit next.

@paulalbamonte4756 Месяц назад

Boston Biotech industry and tech sector makes crazy rents happen as more and more neighborhoods get gentrifiied . You think it is bad now . In 6 years double that rent . All rent control does is increase apartment to condo conversion

@laurenglass4514 Месяц назад

Stop printing money, stop the energy regulating killing our energy independence. This guy cant have it both ways. This guy is going on about abortion, and he is only understanding get his rent by subsidies. Why not help people get jobs and get illegals out of the country, how about giving our student jobs instead of legal immigration. This guy knows one thing his business is being threatened and it is not necessary, welcome to the club bud.

@laurenglass4514 Месяц назад

The answer is to stop spending! Stop the crazy spending !!!!!

@David_in_Michigan Месяц назад

They should ban private equity buying up apartments and single family houses… when private equity owns all the housing they control prices

@darlacox Месяц назад

Again, RFK is the one talking about this.

@mattj4038 Месяц назад

That's Corprate Greed

@bobroberts2371 Месяц назад

Even better, a federal law dictating how much a private individual can sell their house for, this will allow people to buy houses.

@David_in_Michigan Месяц назад

@@bobroberts2371 whats worked for 100 yrs doesn’t need to change… banking and investment companies controlling loans and building investments THAT effects housing prices

@isopowered5004 Месяц назад

Fox would never suggest that. Neither would Trump.

@ablarod948 Месяц назад

This is the worst sort of rich person. Just protecting his wealth while taking away yours.

@charlottepasco8 Месяц назад

Vouchers on the tax payer dime that's the way to go no that's called corporate welfare. They get rich off of housing

@rtquest22 Месяц назад

No such thing as tax payer but a debt slave.

@skafabafa Месяц назад

Lets ask a billionaire what he thinks

@diahegge5395 Месяц назад

They know how it works

@sandtoy11510 Месяц назад

He’s been investing in real estate for 47 years, I think he’s qualified to give his perspective. The dude sold circus tickets to pay for college, nothing has been handed to him.

@vickimooredotco Месяц назад

Rent control certainly has unintended consequences. Property owners in SF are so against rent control there have been 40,000 vacant units for years. So does regulating insurance companies from increasing their prices.

@fullsenderman8291 Месяц назад

Yeah you ask a billionaire what he thinks then shut your mouth and listen and learn something for a change

@skafabafa Месяц назад

@@fullsenderman8291 maybe i am a billionaire as well

@JohnsonPatrick-th1vt Месяц назад

*This administration has no ideal how we Americans are suffering. I feel sympathy for people with disability. A lot of families are financially struggling to survive, yet many are sleepwalking! I appreciate.. Laura Ferguson! Imagine investing $2000 and receiving $4,500 in 4days.*

@SmithNorman Месяц назад

Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scarry,how can we generate more revenue? We cannot afford to see our people's savings crumble into dust.

@LCurley Месяц назад

Wow, it is truly inspiring to hear how Ms Laura Ferguson,mentorship and dedication led to such remarkable financial success.

@MelissaBulawin Месяц назад

just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

@Lisa12696 Месяц назад

Truly facing this recession without investment is actually risky, salaries are easily spent off.. This inflation has taught people the importance of multiples income investment helps a lot.

@RainaEmerson-t9h Месяц назад

I've seen different people talking about this Lady, how do I contact her?

@mikeh.753 Месяц назад

The cost of living has been outrunning wages for DECADES. Why are people just now paying attention to this.

@reese44622 Месяц назад

Funny last time he cut taxes we brought in twice as much money

@rtquest22 Месяц назад

@@reese44622 what money, you mean Fed Reserve debt notes? Buddy, your so called money is made by the institution that doesn't serve your best interests.

@Gemma_626 Месяц назад

He seems like a slumlord suggesting the fix is to put people on section 8 which usually has an 8-10 year waiting list while rents that were $1500/mo in New England are now $2700+ for the same 150 year old building with 1970's decor

@beeamerica5024 Месяц назад

I am a veteran and I have tried to get a senior apartment I don't make enough I don't qualify

@jamesbecker3420 Месяц назад

What does being a veteran have to do with not making enough to rent a senior apartment? If you are getting VA benefits and/or SS, then move to a lower cost area...

@beeamerica5024 Месяц назад

@@jamesbecker3420 easy for you to say I said I'm a veteran because there are illegals here getting housing and I can't there is nowhere to move to

@buddb7804 Месяц назад

@@jamesbecker3420 Shut up and thank him for his service

@gatsbylight4766 Месяц назад

"Billionaire" Jeff: _"While I was at Harvard, I was the force behind getting rid of the rent caps. There was an enormous amount of new development ... and rents did not go up."_ *The point* of the current proposed rent cap is that *rents have ALREADY GONE UP 32.1% in the last 4 years,* are continuing to *GO UP,* and there is nothing in the data to suggest that rents will *go down.* *FURTHERMORE,* if developers won't be raising rents in the near future, what difference would be to make it official and put a 5% cap, if developers don't plan to raise the rents above 5% anyway?

@jes2731 Месяц назад

Is it Funny or Ironic that he complains about Republicans during the whole interview, but damned if he hasn't transplanted himself to Florida to capitalize on the policies, and the prosperous market there created by the right?

@juliagilbert4747 Месяц назад

I thought the exact same thing. He criticises President Trump's tax cuts, but you can be sure he will take advantage of every single one of them

@charlottepasco8 Месяц назад

They don't want to buy them now!! This man has no idea the GDP is gone without jobs here!

@user-qo3be3lg4f Месяц назад

I have a sneaky feeling that you voted Biden

@MichaelForte-jn5pn Месяц назад

He's an untra rich Democrat....

@carolynw3602 Месяц назад

Limousine liberals

@ronmorgan8214 Месяц назад

"Billionaire democrat" in video title...

@thomasstapel6824 Месяц назад

I love the way he described tax cuts as a free for all for business-thats why we have laws. What do we have now under Biden the big mega companies are swallowing small business that can't absorb all the cost increases and don't have all the lawyers to lobby. Plus his description of the effects were very vague but emotional and that tells you he like the tax cuts but he is a democrat and has to say that.

@mrmountain2025 Месяц назад

Maybe we shouldn't have started deficit spending in the first place maybe we should cut the overhead. Government small government is the answer

@eightones Месяц назад

Drms solution for everything: raise taxes

@WillSteltenpohl-j5x Месяц назад

Go figure... A landlord isn't for rent control... Go ask the good citizens of San diego how much over development helped their rent Go down... Rent there is some of the highest in the country and it's not because supply is low. Rent does absolutely need some control. the upfront payments are unreasonable, and apartments and houses rent for roughly 1/3 more than they're worth (in some cases more than that) The greedy real estate companies are partially to blame. As far as I'm concerned. It's a city and state issue though. The president was just pandering.

@mattj4038 Месяц назад

Since a lot of the Politicians has their hands in it to make more money

@bobroberts2371 Месяц назад

Then you need to buy property and rent below market, will you step up?

@WillSteltenpohl-j5x Месяц назад

@bobroberts2371 actually my family already does on a duplex that's pd for. It was my grandmother's. We always kept rent below market for this area

@bobroberts2371 Месяц назад

@@WillSteltenpohl-j5x Well then start buying up properties and expand your reach.

@WillSteltenpohl-j5x Месяц назад

@@bobroberts2371 find someone else to harass troll... I promise you I'm not the 1... 😉

@snapfinger1 Месяц назад

Cities enforce rent control to prevent the wholesale gentrification of poor people neighborhoods.

@user-ls5lr7hw8s Месяц назад

I gross 965 dollars in 3:37 retirement after 37 years of working as a Nurse and BA in Social Services. I went down 2 flights of stairs. I was 58 and forced into disability and I was 62 and lost an additional 1100 dollars monthly. I'm so grateful for HUD housing or I seriously would be homeless.

@BasedF-15Pilot Месяц назад

Blackrock thanks you for your service. They buy all the private homes at 30-50% over asking price and wind up wrecking real estate markets for younger and aging generations.

@mattj4038 Месяц назад

What those programs the Project 25 will end you thank these Millionares and Billionaires really care especially 45 Lying king

@RussellKitchens-of1hs Месяц назад

Yeah and how are people on s.s. suppose to pay these ungodly amounts. Ridiculous

@RanleighWylde Месяц назад

@RussellKitchens-of1hs - According to treasury secretary, Janet Yellin, she said, "inflation is not a big problem, when people need extra money they will just dip into their cash reserves". Of course when you make $230K per year plus bennies like she does, cash reserves are possible. There are elite morons who think all are as well off as them. Same lunacy with the Obamacare the so called affordable care act. Just pull money out of the air to pay for whatever we demand you to. Just a secret bail out for the HCI.

@davidedwards8940 Месяц назад

More dem insanity

@jewelpeters294 Месяц назад

Why do u need to translate to English STUPID?????????????????????????????

@mattj4038 Месяц назад

No what's insane when we let A reality show guy in the WH the whole system is sick

@davidedwards8940 Месяц назад

@@mattj4038 by any measure the Dems have destroyed the country. You are delusional

@rharoldkane4447 Месяц назад

@@mattj4038Are you wearing your Che Guevara tank top today? Trotsky would be proud of you

@mattj4038 Месяц назад

@@rharoldkane4447 no thank you Keep your Dictator

@DesertScorpionKSA Месяц назад

Rent control is just wrong. Let the market decide rents. No one is forcing anyone to rent a specific apartment or house. If there were rent control, I would sell my house before I would rent it.

@darlacox Месяц назад

@@DesertScorpionKSA and all those people who can't afford rent can just be homeless. Who cares? Oh, we care when we have to see their camps. You say specific apt or house like there are cheaper options. The problem is there aren't.

@andrejamison2723 Месяц назад

This is a tricky situation due to the fact that a lot of the properties apartments and houses were brought up or bought up by foreign entities and now they're ran by property management companies who uses rent as a way of making themselves money. Look at the urban areas and see how many of these houses and apartments are ran by property management companies and who actually owns the property. In Michigan you can say at least 50% of properties are owned by foreign entities

@lynetterobinson4308 Месяц назад

The American people are fed up and can't even afford this cost of living!

@barbarasmith217 Месяц назад

Wsiting on the next Stupid idea from Rat city.

@georgejones-sg8cf Месяц назад

all he's doing is crying

@Patrick-yh5yd Месяц назад

Get rid of 15 million ex legals and rents come down.

@Patrick-yh5yd Месяц назад

Get rid of 15 million ex legals and rents come down.

@goldbud2287 Месяц назад

typical liberal

@HBrown-pu2hb Месяц назад

@@Patrick-yh5yd Joe can't win without 15 million illegals votes ! ! !😂😂😂

@josephbaum7128 Месяц назад

Democrats will vote Democrat no matter what

@marilynrega3634 Месяц назад

How about the millionaires who own property stop stealing money from the government and help the poor only because they care about others not to make a huge profit..

@jerryfitzhugh5198 Месяц назад

We have known for years "he ain't there" those of us that are smart.

@craxd1 Месяц назад

BO is who directed this entire affair, and he is who pulls Joe's strings.

@rkersch Месяц назад

It’s a SPENDING PROBLEM …….. let’s confiscate all the money of people having more than 10 million and see how long it lasts!

@ronmorgan8214 Месяц назад

He will still donate and vote for Biden.

@Hambone3773 Месяц назад

Assuming debt will increase because corporate taxes are cut is bad math. Increased productivity will lead to more tax dollars collected.

@edwardwilkes-eq5fj Месяц назад

These investors Do Not Fix Up Their Business Rental Properties

@user-qv9dk1zt7h Месяц назад

In Washington state in the 98383 rent just went up $150 in a low income senior housing, at Vintage in Silverdale Washington State

@danh6354 Месяц назад

Did not take this dems long to get to abortion

@jeffreylinde4381 Месяц назад

All rent caps do is stop builders from building. Stops buyers from buying. It will make renting a nightmare.

@markwilliams3994 Месяц назад

Like it isn’t already. Whether it be $2000 or $10000, if you can’t afford it you can’t afford it.

@n.sundari889 Месяц назад

Vouchers only work if and when there are landlords that will accept them.🧿Also vouchers are only good for a certain amount of time, where do tenants go when landlords won’t extend their time? Low income housing on the other hand allows for tenants to stay and live like normal people, as long as their paperwork proves their low income status. These days unfortunately there exist buildings that consider $100,000/yr to be low income. People need to be honest about what truly is considered to be low income status. Also be honest that there is no profit in building low income housing so where do low wage earning people live? 🌸🦋

@timhennessey7778 Месяц назад

They are crooks

@brucelamb6060 Месяц назад

Every politician should take a fundamental class on economics. Anytime a price cap is placed on a product, it will cause long-term damage. It's 2024 and this will be another case study on what happens when you cap the rent. This may not be feasible for the investor to make a living and will have to sell or foreclose. Squatters will live rent-free on abandoned property because the former landlord couldn't set the price to the market value. Horrible idea for price caps.

@keithmasavage6758 Месяц назад

Why in gods name would we trust a billionaire who has made his money off of ripping off his renters! He has profited from these 45% increase in rent set up occurred in the last five years! Unacceptable not just rent control chop the prices in half and start again!

@dmonty4354 Месяц назад

Why would you trust Biden to dictate price controls? He has never operated a business in his entire life. He only panders to the audience that he is in front of. Chop the prices in half???😂😂 You have no understanding of economics, property rights, or presidential authority.

@WilliamBowling-pp4wg Месяц назад

And then there will been a severe housing shortage. The majority of landlords are individuals with one or two properties. They cannot afford to be landlords if they cannot cover their costs.

@bobroberts2371 Месяц назад

Then you need to buy property and build housing.

@WilliamBowling-pp4wg Месяц назад

@@bobroberts2371 The problem is no one will create housing if they can't charge enough rent to cover the costs and make some profit. Any price control, will result in shortages of whatever commodity whose price has been controlled.

@gunngangsta Месяц назад

Of course he doesn’t want rent caps. Screw this guy!

@clintwestwood2731 Месяц назад

I have been a landlord for almost 40 years as well. Should I also be screwed for trying to provide cleanup affordable housing to those that cannot afford to buy? I am totally totally against the communist practice of rent control. By the way is your income controlled by the government perhaps a screw you should be issued to you too if it’s not.

@mdziak8490 Месяц назад

In Canada is rent control and is disaster people are in trouble specialy people who can afort pay 1000dol 2br and people who can not afford pay2600 for2 bed this what you American wants?

@nunyabeezwacks1408 Месяц назад

NO TO VOUCHERS!! Who pays for the vouchers? WE, the people, pay for those vouchers. No, thank you!!!

@bklyngrl13069 Месяц назад

my ex mother in law lives in park slope in a building shes been in for 50 years at least and its rent controlled. every other apt in the building is 2k plus but she pays like 500

@keithbusick6859 Месяц назад

Well maybe the government needs to quit giving our money to all these nations and to illegal aliens might bring our deficit down don't you think ? Mr Billionaire

@peggythibodeaux1519 Месяц назад

Biden and the dems must go! Mostly negatives will come from this idea

@EdnaWilkes-cy6ki Месяц назад

Biden and his team maded this crisis. We want better leaders in the white house. Biden and his team let legal and illegal immigrants move here and counting the American people the housing is not available to all. Biden is accountable for his actions to the people of America. We want better for our family and the other people. Vote for Mr Trump this November and Mr Trump with God's wisdom can balance these problems we face. IN GOD AMERICA TRuST. GOD HELP THE WHITE HOUSE.

@donnaconrad7374 Месяц назад

Yeah, he became a billionaire. He just worried about his bank.

@brisbanekilarny6212 Месяц назад

He is the typical democrat. As a conservative and a person with common sense, government spending is the problem and not lower taxation. The government must cut each years budget at least 5% per year and in ten years the debt should be lowered to a reasonable level. No more deficit spending; the yearly budget must have surplus to pay down the debt. The debt and deficit does not help our economy; hard working Americans drive our economy. Our national debt is 33 trillion dollars.

@NancyWilliams-jh2iz Месяц назад

Maybe he needs to remember that Trump is doing other things to bring in money, he truly has one mindset and it is all about him😮😢😮

@toycarpgmr Месяц назад

Landlords are stressed by rising property tax, utility, maintenance and repair costs.

@chasatch Месяц назад

Hey! Just think how many high paying government jobs would be created to oversee a rent control program.

@pGonzalez-b2k Месяц назад

A rent control would just let government tax even more. We need less government jobs. Those fat cats in government are all multi-millionaires. Repeat after me. Government does not care about you .Off topic. After Obama care passed my deductable is so high I pay for all my medical due and insurance don't kick in until we pay $4,300.00. Low income housing requires skilled builders. Also I watched a Route 66 video and noticed all the small populated towns that have houses and building in which some could be renovated since the houses they build now just look like boxes. Might be cheaper to do that since the foundations are there .Just a thought.

@SharkSandwich451 Месяц назад

This announcement is a clear example of how one person in the family insists on doing something their way, so you just let them because they’re not listening anymore.

@tendr247 Месяц назад

Need houses and apts cost less so we can have a home worth living in. During Reagan we had a house and we made it beautiful because we weren’t over charged.

@DocAnaStasia Месяц назад

This is exactly why Texas has started the process of setting up our own competing stock market. We are done with monopolies.

@margiehankins-jerde6094 Месяц назад

I worked as a supervisor when rent control came out in California. Every realtor or property owner fought against it. For the people able to get into a property under rent control it was great for them. It was a time that owners were made to buy earthquake insurance which was expensive so rent control is something they hated. I am all for rent control. In California a single apartment is $2200 a month. Many that is the total amount they make. Owners still can raise rents but it has a cap on how much. They also can add on for certain repairs. It is a good thing for many Americans. I never saw the building go down like he said either.

@mytube8985 Месяц назад

California's population has declined significantly. They now have one less house seat because of it.

@shannondavis5728 Месяц назад

Lease rates & home prices need to come way down in most markets in Florida because employers aren’t paying $120K + to employees to afford the current inventory!!!!!

@tarn1135 Месяц назад

As a landlord I can absolutely tell you if you cap rents there will be a flood of foreclosures and the properties will become slums. The free market will regulate itself.

@UnknownMoses Месяц назад

Government needs to stay out of this price controls period

@paulalbamonte4756 Месяц назад

Not realistic and madness. Rent going up 5 percent when water bills for a building goes up 16 -18 percent and taxes get overrides over 2.5 percent and inflation . It is not sustainable in Massachusetts. Likley everywhere else .