Crushing the American Dream, The SECRET PLAN For Affordable Homes

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A Secret Plan in the real estate market where major financial corporations like BlackRock, Blackstone, JPMorgan Chase, Goldman Sachs, and Capital One are investing heavily in companies that buy affordable homes to rent them out to middle and working-class Americans. This shift represents a departure from the traditional American Dream of homeownership, which has historically been a means of wealth creation for individuals and families. This video highlights how this practice, backed by the financial elite, is driving up housing prices and making it difficult for ordinary Americans, especially younger generations, to own homes. It argues that this trend widens the wealth gap and poses a threat to the American Dream of homeownership, ultimately giving more power and control to the financial elite who aim to own not just homes but also land and other vital resources.
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Опубликовано:

19 сен 2023

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Комментарии : 730

@KristinaSmallhorn 8 месяцев назад

Do You Think The American Dream Is Ruined? Watch THIS "DESTROYING The American Dream With Build To Rent Homes" ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-eUniGAbi_iw.html

@targetedplantsguy9481 8 месяцев назад

Will you please pretty please investigate wholesalers and their impact on the market. For example a neighbor to one of my rental properties. She was told by a wholesaler that her home was only worth $40,000 and would have to be torn down. They painted the house put in new flooring new windows and the house is now listed at $320,000. This grieving woman who just lost her mother and the house she grew up in came to me and asked how is that legal? Of course I told her this is why you get a realtor.

@KristinaSmallhorn 8 месяцев назад

@@targetedplantsguy9481 this would be a great investigation video. Thank you for the idea.

@joshparrott8841 8 месяцев назад

It's Neoliberal, let the sharks eat everything, mentality. Bad for most in an economy. Terrible way to "govern" a country. Law of the sharks

@Bewefau 8 месяцев назад

Can you look into the Maui fire people trying to buy those poor peoples lands for dirt cheap. The first day of the fires they were getting called of firms to buy there land. And what Ophra was doing to them too.

@Drontis 8 месяцев назад

klaus schwab is that you?? @@renograziano8464

@mikerichards8400 8 месяцев назад

They are motivated by greed not by love and respect for fellow Americans.

@cb5516 8 месяцев назад

Of course! But if you're honest about it that's true of most Americans

@mikerichards8400 8 месяцев назад

@@cb5516 definitely true about those who have no sense of right and wrong choosing wrong over right when it enhances the pocketbook.

@johnle231 8 месяцев назад

Uh, what’s wrong with a home owner pricing his house according to the market?

@boomagoo321 8 месяцев назад

🎯

@racegrubb2152 8 месяцев назад

@@johnle231what does that have to do with large corporations buying up all the affordable homes so they can rent them over priced and make more money they don't need? that has nothing to do with a homeowner wanting to get the right price for their home. Unless of course they sell to a corporation

@tg360andbeyond 8 месяцев назад

Young people? People of all ages have had their real estate dreams crushed. Investors are out for themselves ONLY.

@Bewefau 8 месяцев назад

thats everybody now adays.

@marcopolo3109 8 месяцев назад

Is sad. I am glad that I am on my 30s, single and with no kids. I own a two story house with 4 bedrooms and 2 bathrooms. The mortgage is already paid off and I am happy that I have a full house for myself.🏠😊

@susanpage8315 8 месяцев назад

@@marcopolo3109Being child-free already helps you financially. My son has chosen to be child-free, too.

@wlonsdale1 8 месяцев назад

Hence investor not charity

@markbaum9615 8 месяцев назад

Lack of upward mobility for all commoners.. .......mission set unfortunately

@kriscree8627 8 месяцев назад

Yes, big investors should be stopped. They should also be stopped from buying up so many mobile home parks and having residents' water supply turned off which goes against the original prospectus where water is supposed to be included with paid lot rent.

@jacobnapkins1155 8 месяцев назад

Vote for rent controls and vacancy taxes to hammer speculators

@naturelover2292 8 месяцев назад

We need to start calling our elected officials they are ignoring this issue.

@wlonsdale1 8 месяцев назад

@@jacobnapkins1155rent control is a proven terrible idea.

@ewe392 8 месяцев назад

Investing firms should be illegal. Their business models are thievery. It will never be banned because they are in bed with our government.

@cb5516 8 месяцев назад

@@naturelover2292Those who have homes don't want any changes, why would they? Additionally many 401k retirement funds are tied to real estate. Heck, you can own part of a house through Arrived, a Jeff Bezos backed investment fund involved in rentals.

@backpain4ever505 8 месяцев назад

Step one…stop all foreigners from buying up American land and homes. Step2. Stop billionaires from buying up all the farmland. Step 3. Create a cap on corps buying homes. But also, first time homebuyers need to set realistic expectations of what a first home is. Most of us had to move to more affordable areas and buy a not so perfect house. Nowadays, it seems they all want all the luxuries at a low price and expect sellers to make it all brand new for them.

@jer1776 8 месяцев назад

Agreed except step 3 doesnt go far enough. Corporations shouldnt own any single family dwellings, period. All homes should be tied to a SSN.

@worldlife9834 8 месяцев назад

Step 4 Citizens must be able to operate businesses out of their homes without any government interference.

@cowboysfan1026 8 месяцев назад

A first time home is a median house. This is not unrealistic. The problem is that the median household income can’t afford the median house. These are not unrealistic expectations. Corporations and investors love your way of thinking of not tackling the real problem head on.

@roxycauldwell544 8 месяцев назад

People do have realistic expectations for first homes. Corporate and mom and pop investors keep stealing them. The hand needs to be chopped off altogether

@seanm3226 8 месяцев назад

OK, comrade.

@noreenn6976 8 месяцев назад

It's not just the young people but all people who can't afford these ridiculous housing prices.

@janspeed14 8 месяцев назад

That is right! I am 65. I certainly can't afford these prices.

@naturelover2292 8 месяцев назад

It want get better until something is done about investors snapping up affordable homes and buying up entire subdivisions to rent out

@joanjohnson9821 8 месяцев назад

Our government should stop investment companies from buying any more homes, effective immediately. Unfortunately, the homes bought by corporate investors can't be taken retroactively. What has happened to America, where our government allows only the rich to succeed and helps other countries, while letting our people suffer!

@beerman204 8 месяцев назад

Corporations rule our government.....

@tammyburns6467 8 месяцев назад

The governments could pull the corporate charters. No more corporations.

@marianmoses9604 8 месяцев назад

Answer: Joe Biden and Woke Corporate Democrat vampires.

@ewe392 8 месяцев назад

@@beerman204we need to overthrow our government...too bad they are getting rid of our guns

@mustangracer5124 8 месяцев назад

Company buys home.. rents to welfare for double the usual amount and government steals from us to pay the bill and get huge kickbacks.

@sotrder 8 месяцев назад

Let's be honest, we live in a massively corrupt crony-capitalist system, and this is just part of the whole picture. We are moving in the wrong direction fast, and it's not sustainable. We have deep problems, and certainly this is one of them. Thanks for this video exposing the greed and corruption that is destroying this country and the American Dream.

@LisaCunninghamLieveEnterprises 8 месяцев назад

Time to move to Mexico

@republicunited2183 8 месяцев назад

Moving tiwards socialist-communist

@republicunited2183 8 месяцев назад

Towards.

@lynneallison2367 8 месяцев назад

We are in a housing crisis, especially for 1st time home buyers. This needs to be stopped. Our area in Southeastern Coastal NC has build to rent communities popping up in many locations. I find this sickening! National home builders have invaded our area and our building post war housing with very poor quality. Local builders cannot begin to compete with them. National builders have very deep pockets and they are ruining the American dream 😢

@nomad7540 8 месяцев назад

We need owner occupied trailer parks where the occupant owners not only the trailer but also the land it is on. This way we could have affordable housing with municipal utilities. Also, the lots could be big enough to have a fruit tree or two and a garden.

@redlisab 8 месяцев назад

*WORD*

@AllenArt64 8 месяцев назад

If you've been paying attention to the WEF, this is EXACTLY what they said they wanted. "You'll own nothing and be happy". Which means, of course, that THEY will own everything.

@evemitchellanderson 8 месяцев назад

Yup and when the housing market crashes they will buy up all the homes

@cryptojihadi265 8 месяцев назад

Funny, how they're willing to wallow in the misery of being billionaires so we can all be happy in poverty.

@theskyizblue2day431 8 месяцев назад

Still waiting for them to make me happy. I own nothing, where is my happiness?

@avenger1212 8 месяцев назад

I got a letter last week in the mail from a real estate investment group, that had a real check attached to it, offering to buy my house without any need of updates or repairs, pending a walkthrough. The check also requires a representative of their to be present to cash it. The letter said their offer was negotiable as well, implying they could possibly pay more. What surprised me was their offer was not lowball. It was accurate to recent market prices. If I were thinking about selling my home, I could do so to them for cash, without the hassle of repairs, getting a competitive price, and not have to pay commissions to realtors. It's eye opening.

@kimmieb2u 8 месяцев назад

This has happened to me as well. They're all over. No thanks!!

@thethingonthedoorstep3464 8 месяцев назад

I get these daily. Also emails and text. When I told one who called my price there was only a slight pause and he agreed. I figured there has to be a catch somewhere 🤔

@Metonymy1979 8 месяцев назад

Every week for me. I bought my house for 100k 10 years ago. Because of what happened in my neighborhood it can now go for 1 million dollars which is absolutely insane. It's not even fixed up.

@Bewefau 8 месяцев назад

take it and go buy a cheap home in another state lol

@Bewefau 8 месяцев назад

@@Metonymy1979 I'd take that check lol

@mickjayplays 8 месяцев назад

When they say "You'll own nothing and you'll be happy.", this is what they mean, not abundance. We'll be serfs and we'll just have to live with it.

@roxycauldwell544 7 месяцев назад

Yup. The states are turning into the (corporate) monarchy that we literally were created to get away from

@dakotabearjojo 8 месяцев назад

Yes, stop the corporations from buying up all the single family homes. And incentivise builders to build more affordable homes as well! Not just luxury homes because they bring in more money.

@AustinAirCo 7 месяцев назад

nice in theory, but to incentivise means a government cheese handout. For a government that has a spending problem already? That money to incentivise has to come from somewhere... builders aren't goint to build for a loss. Who can we tax to pay for the incentivisation of the builder? Everyone is already taxed to death. Income tax, sales tax on top of the income you made tax, property tax that never goes away tax, drive home tax to fill the gas or the battery tax that makes the car go, grocery tax to buy the food to feed you tax. We'll tax the builder? yeah the builder is not important if they fail? We'll tax the rich? They can't afford to hire a Tax lawyer to subvert any tax scheme or just simply pack up and leave? We tax the landlord? who do you think pays the rent that keeps the landlord in business it is just merely passed down to the renter. OR the landlord says ok, sells the house puts that money in a CD or some other investment vehicle not having to chase down tenants for rent every month. To solve the problem requires a real solution not just pass the buck let someone else pay for it. *There isn't anyone left to pay for government cheese programs and the government is flat broke at over 33 Trillion and growing*

@kzen848 8 месяцев назад

Working in a college town with ridiculously high rent and ZERO vacancies. Wait list for Spring 2024.... Then saw a sign outside a cute apartment complex. It wasn't on Craigslist etc just a little sign like it was 1985. Got it about $600 below market in the area. Greed has not conquered all landlorda!

@anotherday3678 8 месяцев назад

Yes, they defintely should be stopped. Everyday working people like myself can't afford a home today and its so sad.

@GeetaGalaway 8 месяцев назад

They're taking advantage. Rent costs more than a mortgage.

@fuvjvjchxhc7063 8 месяцев назад

Unfortunately most people don't even know that this has been the plan a long time ago

@sharonhamby1747 8 месяцев назад

Thank you Kristina, for keeping us updated on this crisis. Yes, I consider it a crisis. Slimy corporations…

@Matthew-yj1nd 8 месяцев назад

A home my wife and I was interested in sold in august of 2020 for 233,000 the new owners just sold it three years later for 405,000!!! My wife and I had hoped it would come back up for sale but never imagined it would go for such a price, CRAZY!!!

@alanstrange2421 8 месяцев назад

I'd love to see more conversations about how we can take action to stop this.

@bbpersonalpage1613 5 месяцев назад

Civil rights lawsuits by all Americans. Don't vote . If, as Americans, you can't sue your government, then I believe you are slaves..

@playdohsrepublic3562 23 дня назад

Well. More regulations won't stop it. I bet if someone looked deep into the law books they'll find that these companies are criminal organizations. We need more jailbirds, not regulations.

@zdouble8931 8 месяцев назад

"You'll own nothing and be happy" -wef They tell us their plans out In the open.

@JB-pd3ir 8 месяцев назад

Yes, they are not shy

@playdohsrepublic3562 23 дня назад

If people knew what you were talking about, you would have more thumbs up. Sad.

@somebuddy0420 8 месяцев назад

Been telling people....if you're funding a corporate retirement account, you're funding this. Pay attention to where your investment money is actually going.

@asajayunknown6290 8 месяцев назад

Yes. Avoid any sort of REIT.

@wlonsdale1 8 месяцев назад

Blackrock owns a lot more than that

@freddyhollingsworth5945 8 месяцев назад

Fayetteville Arkansas here. We just got our first entire 305 house sub-division approved...all 305 will be rental houses owned by an investment company..."a planned community of excellence".....

@Kitty-ig4yh 8 месяцев назад

😢

@playdohsrepublic3562 23 дня назад

Central Arkansas here. There are plenty of Fayetteville do-gooders already on a waiting list for those homes no doubt. Go Hogs.

@eagledefenseusa4799 8 месяцев назад

Add vacant land to this situation too. A developer tried to buy my friend's 30+ acres in Georgia. The landowner replied: "You don't have enough money🤣!!"

@kyle_wagner_music 8 месяцев назад

Thanks for posting this video. It's infuriating to have so many housing problems already, only to have corporations come in and effectively implement price fixing. Doesn't this make the companies which do this into a cartel? Or if they're not in collusion, they're at least local monopolies?

@Bewefau 8 месяцев назад

no corp are people now.

@vitaminluke5597 8 месяцев назад

They vote Republican for decades, get market deregulation in favor of "not the little guy", and here we are.

@sira451 8 месяцев назад

Thank you for this very well researched and informative video!! One note - property taxes are also being driven higher as county assessments are using some of the excessive high prices paid by these investors as comps to increase market values resulting in huge increases in property taxes. Some people are being driven out of their homes.

@chrism9017 8 месяцев назад

A simple "thirty day rule" will not work. Sellers will merely stall for time until the higher corporate-backed offers roll in.

@chipb1193 8 месяцев назад

Exactly. Just because you receive an offer doesn’t mean you need to take it.

@Dronetothetop 8 месяцев назад

I am furious against those Wall Street wolves. I have been trying to buy homes for quite some time now and just gave up recently. No way I can afford one in California with my current income of over $120,000 a year. Absolutely ridiculous. I will vote for someone who can do something about it. Solving this issue will be my utmost voting factor for this coming election.

@bbpersonalpage1613 5 месяцев назад

Are you able to buy a cheaper home outside of Cali? NC, SC, KENTUCKY

@Dronetothetop 5 месяцев назад

@@bbpersonalpage1613 Yes. I have went through the pre qualification process for the home loan and got approved for buying a nice house in Texas. Sadly, I can't go there yet.

@Metonymy1979 8 месяцев назад

This reminds me of Business Insider trying so hard to make it seem working from home is horrible and everyone should go back to the office. They are the ones that said people get fatter, they made that AI of the future body of a person if they only work from home, they said productivity goes down 18%(even though we had extreme profits) and they say work from home people are killing downtown and peoples livelihoods. These greedy companies are out of control. I bought my house for 100k 10 years ago. I live in Miami right by the beach. Every week I get companies wanting to buy so they can sell it for 1 million. And that is not an exaggeration.

@Bewefau 8 месяцев назад

ha ha do you have a link ?

@martykong3592 8 месяцев назад

:) Thanks MUCH for sharing! I think Corporate GREED is ALWAYS 1st and foremost :( No more Dream for so many of us stuck with EXPENSIVE Rent, and NO Affordable housing!

@vitaminluke5597 8 месяцев назад

That's why we all should unionize and vote for government to do our bidding. Progress, not regress.

@tammyburns6467 8 месяцев назад

The governments should pull their corporate charters.

@wlonsdale1 8 месяцев назад

@@vitaminluke5597who do you think underwrites this??

@silverman5707 8 месяцев назад

Yes, the rich/corporations know the politicians who make the rules, in exchange for campaign donations.

@matthewsaxe6383 8 месяцев назад

What I don't understand is the short sightedness of realtors. Eventually these investment firms will have no need for a listing agent.

@cb5516 8 месяцев назад

They're using a handful of agents to perform their transactions. One agent in Indianapolis did 200 transactions in a year for one company. They can quit and never work again in real estate and they still make a truck ton of money. Even at 1% that's 600k on a 300k house two hundred times.

@kimmurphy1683 8 месяцев назад

Wall Street NEVER tries to help average Amercans. EVER!

@KristinaSmallhorn 8 месяцев назад

Nope. You’re correct about that.

@tredinabrown2249 8 месяцев назад

@@KristinaSmallhornWe Know The Full Story!

@tredinabrown2249 8 месяцев назад

@@KristinaSmallhornYou Can Not Continue To Wrong The Righteous Without Reaping What You Have Sown !

@KristinaSmallhorn 8 месяцев назад

@@tredinabrown2249 what do you mean?

@playdohsrepublic3562 23 дня назад

@@KristinaSmallhorn What do you mean "what do you mean?"

@anthonyman8008 8 месяцев назад

Time to start homesteading communities. I'll build for free

@wlonsdale1 8 месяцев назад

No you won’t. That makes no sense.

@anthonyman8008 8 месяцев назад

@@wlonsdale1 got material and food? And tools?

@playdohsrepublic3562 23 дня назад

I would do home schooling for free.

@Nicole-dp5ks 8 месяцев назад

I want to buy my forever house so bad but it seems undoable anytime soon. I keep hoping things will get better.

@OnlyWayOutIsThrough 7 месяцев назад

Some communities in my area are fighting back with HOA rule changes that require new owners to live in the property for at least 1 year before they can rent it. This keeps the number of AirBnB and investment rentals down considerably in those neighborhoods. I'd like to see that become a more common practice.

@travcurt 8 месяцев назад

I live in Minnesota, just outisde Lake Minnetonka. Housing within this area is unimaginable, and if you want to live on the lake, forget about it. Anything under 400k is actually considered as land value. So much money is pouring here over the last three years, there are companies knocking on doors offering money for any house that looks 400k or less. Not for the house, for the land. They will demolish the house (perfectly fine old house) and build a modern mini mansion. Insane. We were lucky to purchase when we did. Weve been fortunate.

@cetanacetana8265 8 месяцев назад

Thank you for making this information so accessible and thorough at the same time.

@ScarieWOW 8 месяцев назад

Thanks for the video! Very well edited and presented, loved it!

@tomjones9223 8 месяцев назад

America is a business not a country, has been and always will be, Larry Fink

@wlonsdale1 8 месяцев назад

He’s not wrong. Corporatism is how it works now

@Magnetic1884 8 месяцев назад

No one talks about immigration applying pressure to the market. Perhaps more so than any other single factor. It would be interesting to see your take on that.

@AS-kw5hd 8 месяцев назад

Americans would rather give their country away to parasites , than be called a racist! Brainwashed sheep!

@cyntreciaholden7779 8 месяцев назад

Start homeless encampments artound the neighborhoods taken over by blackrock do anything to make them undesirable neighborhoods. People will be on the stree anyway with high rents.

@republicunited2183 8 месяцев назад

Exactly, big land grab then!

@sillysphinx2330 8 месяцев назад

It's nice to know there are ways to put a stop to company buyouts. Thank you Kristina for the information on what laws are in process to stop this, it gives me hope for the future when I know what to look out for when voting during election years. Honestly, if you ever want to make a video just on laws and policies to look out for to help the housing market, that would be awesome! Either way, hope your videos keep doing well, because went single family homes become affordable again, I know who to thank for keeping me well informed

@wlonsdale1 8 месяцев назад

Voting isn’t a thing

@brentmartin6833 8 месяцев назад

@wlonsdale1 ? If you're an American 18yrs old & over, voting 🗳 is indeed a "thing". I've heard that in other countries people can vote as well, unless you live in one that doesn't. Then you probably need to do a revolution to fix that issue.

@adeliawilliams4884 7 месяцев назад

Yep. I was a single Mom and suffered a job loss in the last financial crisis. An investor swooped in and bought my home as a short sale, turned it into a rental. I became a renter again, priced out of my homes every four years because job raises didn't keep up with rent increases. They prey on economic crisis and hurting people! My child had to change schools and friends three times by high school graduation!

@CreamCheesePepperJelly 8 месяцев назад

Your words are spot on! Multi generational living, IMHO, could be a way to circumvent this trend.

@andrewsullivan3874 8 месяцев назад

Thanks for covering this issue!

@clarose0963 8 месяцев назад

Enlightening! As a soon to be retired person trying to figure out where to buy (or not) I am really struggling with the affordability issue. This makes me feel quite happy in my current situation in vanlife.

@acappelli1 8 месяцев назад

Thank for this important information . In my opinion when property taxes and state taxes where introduced in our states they took away ownership of our properties and now this i see a lot of mobile and rv trailers all over Texas and no one say nothing . It is turning into a banana republic

@mahnamahna3252 8 месяцев назад

It is very true that homeowners in some cities fight very hard to prevent new homes from being built. Mostly the middle and high density

@vitaminluke5597 8 месяцев назад

Middle and high density is the key to solving the housing crisis. The single biggest thing we could do is allow multiplexes everywhere.

@virginiaprice9770 8 месяцев назад

Once again you are there for us: information and the breakdown. I learned there was no Santa when I was 7. I will never trust a corporation to have my best interest at heart. An article like this is so dangerous. Thank you for shining light on the truth! I look forward to every video you post knowing I will either learn something or have what I know reinforced. Please keep it up! 😘

@Michael-jp3qe 8 месяцев назад

Excellent analysis!

@mcflurrybutts4927 8 месяцев назад

Me living in my truck with a portable solar grid.

@LilyGazou 8 месяцев назад

Yep

@UnityFromDiversity 8 месяцев назад

Thank you for raising awareness about this issue, Kristina.

@JNoMooreNumbers 8 месяцев назад

Eek my house I grew up is 711 sq ft is 172k on a tenth of an acre and pretty trashed. Yard is a jungle. Used to be clean with a rose and vegetable garden too. 13k in 67. Huge jump. Taxes are a lot more in a pretty ghetto area. Lots of crime.

@Donnaconrad1 8 месяцев назад

Thanks so much... I am in Covington La

@PauloFreireJr 8 месяцев назад

You are the best and the best approach to this worrying topic ever........In my opnion all condos should be obeyed to sell part of their property to tenants.

@InvestingWithAdamK 8 месяцев назад

Excellent information. Very interesting

@TedK4307 8 месяцев назад

Please... Charlotte, NC is full of investor rentals. My neighborhood 148-homes has 41+, $2k+ a mth rentals and that doesn't include the mom and pops. They have targeted the no HOA community's so NO RULES. 18-wheels, cars on grass, grass and bushes over grown, non-stop moving trucks, lots of extra vehicle traffic.

@Niko-777 8 месяцев назад

I agree on the need for a universal waiting period for non-owner occupant buyers and suggested this to various politicians. But 90 days would be better as pricing might fall to natural levels over a few months.

@koby2995 8 месяцев назад

they are going to blame mom, pop and airbnb's while black rock buys everything.

@sbrazenor2 8 месяцев назад

AirBnBs are a problem as well, along with speculators. They're all a problem; though the institutional investors are the worst part.

@vitaminluke5597 8 месяцев назад

But Mom and Pop are part of the problem. They also block young people from owning housing stock.

@koby2995 8 месяцев назад

@@sbrazenor2 airbnb's are 1% of the total house market.

@sbrazenor2 8 месяцев назад

@@koby2995 1%, perhaps, but how much of that is isolated to relatively small regions?

@timnewman1172 8 месяцев назад

I count myself extremely fortunate to have been able to buy my 2-bed home in 2010... it's value has nearly tripled since then, I feel badly for those younger people trying a similar sized house today!

@bizzystradlin7751 8 месяцев назад

This is very interesting. Do you have any book recommendations on the topic?

@googleuser2426 8 месяцев назад

I personally think it should be open to the public for buying a home FIRST for 6months, before big companies have the ability.

@fontunetheteller410 8 месяцев назад

Imagine if we formed a squatters guild that took over newly built neighborhoods, lived in them for 15 years as a community that covered each other backs, and took them back from corperations

@LoanWithJen 8 месяцев назад

As a 28 yr loan officer, I’ve seen a lot. Helped lots of investors as well. ( small guys) Investors, whether big or small, do serve a purpose. They do help balance the market to some degree. True, in 20/21 we saw investors steal properties away from median priced home market. And aided in pushing prices up so out of affordability for many. There should be limits imposed as far as how much % of s market these large Inv funds can purchase. Maybe a permit they need to get from the local city that determines % concentration limits?

@silkenflare6989 8 месяцев назад

A keen act of sophistry in deception, exposing their truths as falsehoods. Unbelievable! (literally).

@livethedarma 8 месяцев назад

This video is right on. What I would add is that many ordinary US households have investments in Wall Street firms, REIT's, hedge funds and publicly traded construction companies so may have little motivation to change what's happening. They see stock prices and investment portfolios doing 'amazingly' well and simply don't care about everyone else affected. They also own houses, many of them more than one. The same unfortunately goes for many of our politicians as well. What a shock! The US has always been about self-interests and profits. Yes, we need regulations but will we get them?

@gerryreed5573 8 месяцев назад

Great video Kristina! These large corporate real estate investors are unbelievable!

@TheTexasTakebyMissVikie 8 месяцев назад

Rid the World of the Greedy Lift up the Needy Let's form a group to buy land and build small homes with Environmentally Friendly materials... Like Adobe Then sell them at Reasonable Prices to Families and young adults or those retiring looking to scale down which will free up a larger home for a family. We NEED to Make a " PEOPLE'S PLAN" A Homeowner Plan For The People By The People ✨🤗✨ Miss Vikie Howell 🕊💖🕊 with the Texas Take USA 🇺🇸 Let me know what YOU think Are You in???

@sashaminx75 8 месяцев назад

Yaaaaz🎉 love the idea

@TheTexasTakebyMissVikie 8 месяцев назад

@@sashaminx75 🕊💖🤗💖🕊

@wlonsdale1 8 месяцев назад

What do mean needy and greedy?

@republicunited2183 8 месяцев назад

Create a like minded community

@AngelaBeers929 8 месяцев назад

i am a property manager and work with single family homes and I have a lot to say but all i can say is, the landscaping is a big issue. Even class a properties look terrible because of the lack of curb appeal. Renters are not going to care about the exterior, making the neighbors angry. The maintenance and repair costs upset investors to no end. I think nobody should "own" and rent a single family home unless they own it outright and still, the maintence costs are big and can hit hard. Most owners are not owners at all, they are borrowers and it is a long game very long. Returns are decades away, minus the expenses which are shockingly large on single family homes. If youre going to invest in residential property, stick with multifamily or build some condominiums on land you own outright.

@PassiveIncomeDude 8 месяцев назад

Hey Christina. What are you using to edit your video and is that story blocks ?

@michelehansen6777 8 месяцев назад

Totally agree

@eddyeroyal6024 8 месяцев назад

I know I. Late, but I’ve heard that by 2030 or 2040 they said update 40% will be owned by a corporate landlord, turning most into rentals.

@vitaminluke5597 8 месяцев назад

Easy fix: tax property progressively, like income. The little guy will be unharmed, maybe even helped. The big firms would be forced to sell to afford it

@hobostovepipe2199 8 месяцев назад

Energetic desperation indeed. Advanced advantage certainly so.

@incorrigiblycuriousD61 8 месяцев назад

One thing that would help --but not the fix all -- would be intelligent zoning changes. It's a false dichotomy to have zoning exclusively for towers or exclusively unattached single family homes (or huge apartment complexes set off by themselves). And, thanks for pointing out their spin campaign. Homebuyer hopefuls just can't compete with investment vehicles whose assets measure in the hundreds of billions.

@wlonsdale1 8 месяцев назад

Don’t worry, soon we’ll have 15 minute cities or internment camps. Housing will be the least of our worries.

@tedreynolds3338 8 месяцев назад

I recently rented an AirBnb property (during the weekday) in a small town that has become a tourist town. I noticed we were virtually the only people in town. Hundreds of homes in the downtown area were vacant. On Friday, the town began filling up with weekend tourist. I couldn’t help but think… what a waste of housing. And worse… the town was no longer enjoyable to visit - too commercialized. I left feeling AirBnb (and other rentals of this type) should end.

@JohnDaniels 5 месяцев назад

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson

@MrKww900l 5 месяцев назад

How do you repair rotted roof felt?

@drock1974life 8 месяцев назад

An issue that could arise with the 30 day rule is, sellers holding out on accepting an offer for the first 30 days with the hope that once investors enters the market it will result in more competition, thus driving up the offers/sells price.

@anthony-L.A.6946 8 месяцев назад

We homeowners can wait it out.

@ccsretreat1513 8 месяцев назад

30 days is not long enough. Not even realistic either for a first time buyer or someone looking forward to retirement.

@anthony-L.A.6946 8 месяцев назад

Capitalism is the name of the game. We are not France.

@lunarthief6501 8 месяцев назад

Companies in my area spent the last few years buying homes, up to 60% of new construction. Most were not rented but held for 6 months to a year then resold to another investor. Now they are just building rental neighborhoods

@aknorth1053 8 месяцев назад

moved to Texas a couple years ago rented for 3 years, total equity zero dollars, purchased a house and conservatively after two years I have 10k (no appreciation) to 40k(property tax assessed value) in equity. Renting is pretty horrendous if your planning on staying somewhere 5+ years

@chrism9017 8 месяцев назад

Certain tax rules incentivize landlords to hang on to their single-family homes essentially forever. Congress &/or the IRS need to reverse those rules. This will encourage landlords to sell their holdings.

@eattherich9215 8 месяцев назад

Congress is the pockets of these "dark money" overlords.

@CamronWilliams-ii4tl 5 месяцев назад

I agree with you

@AngelaBeers929 8 месяцев назад

i am a property manager working with a company managing over 400 single family homes - investors are not happy with the expenses- the renters are resonsible for the landscaping - so... it is not worth it unless you own the property with no debt and impose a monthly fee i say dont even i predict investors will pull out and move on to a different investment

@user-xb9di4eo4h 7 месяцев назад

Houma Louisiana resident here, and LSU alum. Quick question for you. I have just started stacking gold and silver and now have about 20k worth. When this bubble bursts, how much more gold and silver would I need to purchase a foreclosed house in LA in your opinion?

@anthony-L.A.6946 8 месяцев назад

On the 30 days to buy for the family buyers. As a homeowner I will set the highest price that I know black rock will buy it. I will just wait 30 days for black rock.

@hughsalter7769 8 месяцев назад

thanks i am startled i am a renter and startled we have not built any of our lowesr price modest house

@Susieq26754 8 месяцев назад

I feel like Ebenezer Scrooge has became a Blackstone CEO. This company makes Gordon Gekko look like Mr. Roger's neighborhood.

@gallen2101 8 месяцев назад

This allows them to have a direct correlation to the area "fair market values" , this is just devious!

@PlasmaBurns 7 месяцев назад

There is a huge neighborhood being built by us, the entrance sign says they are all rentals. I guess too many homes have been bought up so they are building new “rental only” properties. Option to buy has been removed.

@jerzaw 8 месяцев назад

Politicians do not have the incentive, integrity or will to correct this

@rustyscrapper 8 месяцев назад

They buy every house that gets forclosed on but i never see the houses advertised for rent anywhere. I have no idea where you apply to rent one or how much they ask.

@59seank 8 месяцев назад

Thanks Kristina. There were few points in the video that I thought you were going to leap out of your chair in anger and disgust.

@josephochoa5558 8 месяцев назад

I live on the Florida Gulf Coast and in our case its AirBNB that has taken all the rentals off the market. I personally know three families made homeless because the owner of the home discovered he could. make more money as an AirBnB, there are near zero rental homes in my area, all been made into AirBNBs

@latinafortruth430 7 месяцев назад

As someone who wants a house in Atlanta… this is heartbreaking.

@videopipeline6419 8 месяцев назад

@ 7:37 The title of the chart you cited reads "Percentage of homes sold *by* investors..." but I believe it should be "...sold *to* investors" (I realize that's not your chart)

@ravenkitty1960 7 месяцев назад

You can only "borrow" your equity if you can afford the added repayment & can qualify (income) for the heloc or 2nd mortgage.

@ShineOnBenevolentSun 8 месяцев назад

PEs are partially responsible for the lack of housing starts from 2008 onward - as they jacked up prices on existing homes by paying cash, new home prices were also affected. Rising prices for new homes (incl materials pricing going up) meant fewer individuals can pay to build a new home.

@user-ob3pe9bw2v 8 месяцев назад

Unfortunately this article doesn’t tell us anything new but the numbers are very instructive. Taxation, heavy taxation, is the only thing that can make corporate investment in housing unprofitable. When the profits are small or nonexistent, only then will the housing market be available to citizens.