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Higher rent costs threaten Palm Beach County workforce 

WPTV News - FL Palm Beaches and Treasure Coast
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To live, work and play all within proximity, that's the ideal lifestyle for many who choose South Florida, but that dream is becoming a nightmare with rising rent prices.

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13 фев 2022

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Комментарии : 128   
@lorettasarro7873
@lorettasarro7873 2 года назад
For us seniors on a fixed income no where to turn to
@paulbrungardt9823
@paulbrungardt9823 2 года назад
@@robertjames786 Hey Einstein, Biden has caused a crash in stock market by his inability to handle crisis in Ukraine. Nest egg has been cracked.
@libertyliberty3777
@libertyliberty3777 2 года назад
It’s sad when a county abandoned the old people and Most vulnerable in society which is a understatement it’s a crime Against humanity and God
@richardg1426
@richardg1426 2 года назад
Have fun when you price out all the Service Sector work force ! so you'll be making your own Pizza at the store and washing the dishes too !
@KC-dg9pu
@KC-dg9pu 2 года назад
nope it will just force the service sector to have 8-10 people in an apartment. there's already a startup company doing this. they're making pods in houses for afforable rent.
@cryptofinance3985
@cryptofinance3985 2 года назад
@@KC-dg9pu No were in the country does that happen, so why would you think that would work now. Pod houses is a horrible startup idea. Some start up ideas should be kept to ones self.
@rickharnish6757
@rickharnish6757 2 года назад
Rent control needs to be put into place. Increases are tied to inflation which is now FJB 7.5%. A 40 year high!
@Rclsllh
@Rclsllh 2 года назад
Can’t have rent control when government increases property taxes. Home values are up, property taxes are % of property values so more taxes means higher rent. Insurance went up too.
@MiroBG359
@MiroBG359 2 года назад
you're on the internet and don't know that rent control doesn't work?
@censorshipagainstthemiddle6198
@censorshipagainstthemiddle6198 2 года назад
Cant put rent control under the inflation rate
@cosmicllama6910
@cosmicllama6910 2 года назад
If what everyone in this thread says is true, then it's clear the only real option is to stop treating homes as commodities. As long as homes are commodities we will be arguing in these circles until society collapses which won't be too long. We should never have let our economy become one where home ownership and rent seeking are the only means of economic mobility anymore. Even if rent control would just make it worse, something else needs to change then, something even bigger because this will not be sustainable very long, there will be a mass uprising and probably violent revolution over this because we collectively said "there's just nothing to be done about it, everybody just work two jobs what's the problem? You aren't owed housing, but you owe society your sweat, blood and tears day after day after day" It won't last much longer
@etherealdeal1792
@etherealdeal1792 2 года назад
Dude my landlord tried to renege on our agreement and tried to demand i pay 40% more rent or move out in less than a month!
@norml.hugh-mann
@norml.hugh-mann 2 года назад
His right if you are month to month.
@DRAKKENFIRE22
@DRAKKENFIRE22 2 года назад
My landlord has done the same. We're moving and planning a lawsuit after getting settled in our new home. Breaking a lease without a justifiable cause is illegal.
@Yandel21ableify
@Yandel21ableify Год назад
Florida is the new California
@ramonaoneill9321
@ramonaoneill9321 2 года назад
It's absolutely WICKED what landlords & realtors are doing from a base of greed. People born & raised here cannot find a place to live. Look into your heart & say to yourself is this margin of profit justified?
@danponitlong
@danponitlong 2 года назад
YOU RIGHT..GOVERNMENT/LANDLORDS/REAL EASTAE BROKERS WORK WITH THE GOVERNMENT...WHY LAND LORDS RENT OUT THEIR PLACE🤔🤔🤔🤔🤔 IS TO HELP THEM OWN THE BUILDING UNDERSTAND...BUT THEN THY THROW OUT THE TENANTS THAT'S HELP THEM OWN THEIR BUILDINGS AND PRIVATE HOMES...
@guerdyyacinthe1352
@guerdyyacinthe1352 2 года назад
I understand the landlord part, but realtors have absolutely NOTHING to do with the price that a landlord or seller sets. Like NOTHING 🥴
@censorshipagainstthemiddle6198
@censorshipagainstthemiddle6198 2 года назад
You must’ve missed the end where he said landlords have to raise rents to recoup the money they’ve lost through the free rental program government forced upon landlords? A violation of our constitutional rights too I might add
@censorshipagainstthemiddle6198
@censorshipagainstthemiddle6198 2 года назад
@Jeffrey Morgan entitled children. Well said sir.
@pungolay6586
@pungolay6586 2 года назад
@Jeffrey Morgan Finally! Somebody who gets it!
@etherealdeal1792
@etherealdeal1792 2 года назад
My landlord shot my rent up $200 and then demanded $700 more per month for the same 1/1
@darleneachille491
@darleneachille491 2 года назад
When you spend more than 30% of your income on rent & mortgage, its a disaster waiting to happen!!! 😞😞😞
@alexanderjackson9302
@alexanderjackson9302 2 года назад
Knew this would come with no one paying rent.. all for nothing. We over hyped covid
@bobjones2041
@bobjones2041 2 года назад
apartments can sit vacant for decades without it bankrupting owners
@mariusfacktor3597
@mariusfacktor3597 2 года назад
I'm glad your news team is talking about the severe housing shortage. Many cities try not to think about it. The reason it got so bad isn't because of people moving in. People have always moved to Florida for the weather and beaches. It is because they banned almost any way to build more housing. The cities are choked by single family zoned neighborhoods. They zoned it this way originally to keep minorities and poor people out. It has worked extremely well. But it also made it illegal to build more housing units. Even in areas where multi-family housing is allowed, there are height limits and unit square footage minimums. I really hope this news team talks about exclusionary zoning because THAT is the reason for the housing shortage, and it needs to stop.
@s-l4260
@s-l4260 2 года назад
IT IS BECUAES OF ALL THE OUTSIDERS. To be clear people coming in is not a problem but all at once yes it is.And Yes there are many zoning laws but those are to preserve the evironment not necesarily to keep minorities out. I hate to see the everglades cut down. Hurricane season will be a lot worse the trees and land provide much needed shelter we need them. Outsiders should understand that Florida is for the outdoors not concrete cities. I was set to buy a house in 2019 before all of the outsiders came in and covid happen. Now i'm looking out of state, it's only a matter of time before my company shuts down for good....
@mariusfacktor3597
@mariusfacktor3597 2 года назад
@@s-l4260 The zoning laws do not preserve the environment. In fact, the zoning laws restrict density which forces people to live more spread out and this sprawl envelopes more and more nature. People are moving to Florida, like you said, of course. But Florida is responding to this by continuing to ban more housing. That makes more and more people have to compete over the same number of housing units. This competition is what raises prices.
@tjr4459
@tjr4459 2 года назад
Ron Desantis response, Biden’s fault 🤣
@lorettasarro7873
@lorettasarro7873 2 года назад
Yes we all have been no where to turn but be homeless it's horrible!🙏😢😢🐾🐾🐾🐾
@asiam1528
@asiam1528 2 года назад
It’s horrible even in the ghetto dirty roach infested apartments it’s expensive
@danponitlong
@danponitlong 2 года назад
THAT IS THE CORRUPT PLAN OF GOVERNMENT PARTY AND POLITICIANS CREATED, WHO CALLED THEMSELVES LEADERS OF CORRUPTION AND LIES...VOTED FOR WHAT????? NO HELP🤔🤔🤔🤔 BUT WORST IN 2022. MORE HOMELESS ON NYC CITY STREETS IN 2022 THAT 1980`S....😱😱😱😱😱 JUST IMAGINE OTHER STATES OR COMUNITY.
@ron4501
@ron4501 2 года назад
In liberal Northern California, many cities have rent control which protect renters from huge increases. The average rent increase is around 2 percent per year! If you are elderly and/or been in your apartment for years or even decades, you are paying significantly less than current market rents. You cannot be kicked out of your home for any reason except for non-payment of rent or breaking the law in some way. Homeowners who have owned their homes for years or even decades are protected from large increases on your property taxes. Even if your home has doubled or tripled, your property taxes cannot skyrocket due to increased property value. The average tax increase is around 1.2% to 2% per year. I guess some liberal policies are good for average, working class or retired people.
@MiroBG359
@MiroBG359 2 года назад
that's why people in Northern California travel 2 hours to work. It must've worked
@mariusfacktor3597
@mariusfacktor3597 2 года назад
Rent control is fantastic for the renters who are lucky enough to get it. And old people should probably get it. But it also disincentivizes building more housing units-- since landlords may not get fair market rent. And the real problem is a shortage of housing units.
@paulbrungardt9823
@paulbrungardt9823 2 года назад
@@mariusfacktor3597 BINGO! You got it!
@cosmicllama6910
@cosmicllama6910 2 года назад
@@mariusfacktor3597 we have enough housing units, the problem is too many of them sitting empty as investment schemes. We have many empty houses in America right now owned by investors who don't even live in this country. The problem is not supply and demand the problem is homes being treated like commodities in the first place.
@mariusfacktor3597
@mariusfacktor3597 2 года назад
@@cosmicllama6910 It's a chicken and the egg problem. Why are housing units bought by investors? It's because investors know the value of those houses will go up each year. How do they know this? Because since it's illegal to build more housing in that neighborhood, the home will get more and more scarce. The solution is to up-zone everywhere. Rent prices are really high right now. Developers would be happy to build more. And if you saturate the housing market with lots and lots of new housing, housing will no longer be so attractive to investors, and people can afford homes again.
@hernanbraden6059
@hernanbraden6059 2 года назад
Greed, usury, new arrivals pretentiousness..lot of investment but also a lot of ny dems coming down missing ny expensive prices, mix that with miami avarice and its a new monster morphing into scandalous prices.
@norml.hugh-mann
@norml.hugh-mann 2 года назад
Don't make up stuff
@hernanbraden6059
@hernanbraden6059 2 года назад
@@norml.hugh-mann ?? Just look around buddy and open ur eyes wide, also, talk with people!!! Brandon is NOT helping at all either!!
@davido3746
@davido3746 2 года назад
Exactly. Mostly the NYers. That’s not a judgment call, just a fact. I’m a realtor in a different, white hot part of Florida. At the beginning of “all this” I told other realtors that your average NYer, not even necessarily wealthy, will hear the price of a house and say “I’ll take 2.” Fact. 😢. And of course, many bring their ways. I can say that ‘cuz I’m an ex NYer who didn’t bring his ways.
@AKAAAK
@AKAAAK 2 года назад
"Going to lose the middle-class"??? Breaking News......the middle -class has long been on its way out the door years ago.
@paulbrungardt9823
@paulbrungardt9823 2 года назад
Massive government spending has brought this to you. 40% of all dollars in circulation were printed in the last 2 years. Each dollar buys less. If you voted for Biden, you brought this upon yourself. I have a 16 unit apartment complex. Since I have a fixed mortgage, I refuse to raise the rents beyond the increase in property taxes and insurance. I wish the best to all renters but one has to vote responsibly.
@aussiekingofmongrels
@aussiekingofmongrels 2 года назад
Good for you that you’re rich, now stfu no one cares about it
@strayedarticle2838
@strayedarticle2838 2 года назад
Did you forget Trumps cares act? You know the first year in office the budget is set by the previous administration.
@paulbrungardt9823
@paulbrungardt9823 2 года назад
@@strayedarticle2838 Biden-Stimulus packages? Massive increase to federal deficit.
@strayedarticle2838
@strayedarticle2838 2 года назад
@@paulbrungardt9823 yea its going to get worse, but conservatives aren't the deficit hawks they play on tv. It's only when there's a Democrat in office, suddenly conservatives are concerned about the debt.
@strayedarticle2838
@strayedarticle2838 2 года назад
@@paulbrungardt9823 Trump outspent Obama
@envisibleward2422
@envisibleward2422 2 года назад
Supply and demand
@mariusfacktor3597
@mariusfacktor3597 2 года назад
It is supply and demand. However, supply has been made artificially low by restrictive zoning. In some areas, all you can build is a single family house with a big yard. In some areas you can build an apartment with 8 units but no more. We need to relax these dumb zoning laws and let supply of housing units catch up to demand.
@mariacullati2371
@mariacullati2371 2 года назад
Years ago hospitals and other institutions supplied temporary housing for employees. A communal atmosphere but it worked for many.
@danponitlong
@danponitlong 2 года назад
BUT WHAT ABOUT NOW???? IN THIS CURSED CORONAVIRUS AIRBORNE DISEASES VARIANTS THAT IS STILL ALIVE.
@strayedarticle2838
@strayedarticle2838 2 года назад
@@danponitlong chill.
@HH-gv8mx
@HH-gv8mx 2 года назад
My landlord just sold our building and I have less than two weeks to come up with $4500 to stay in my apartment in Lake Park Florida. This place used to be affordable and now not only is it not affordable to stay in this little apartment that has no washer and dryer and isn’t even worth $800 let alone $2000 a month but there is absolutely no where to rent in this entire area! I have absolutely no idea what I’m going to do. I am completely despondent.
@paulbrungardt9823
@paulbrungardt9823 2 года назад
@@HH-gv8mx I feel bad for people in your situation. Massive government spending has brought this to you. 40% of all dollars in circulation were printed in the last 2 years. What to do?
@Kitty-lq5jd
@Kitty-lq5jd 2 года назад
KICK ME OUT... I'LL BURN IT DOWN!
@silkence9561
@silkence9561 Год назад
I’m From Florida and have lived in the states most want to live. If you stay in a state that is sought after for any reason (popular) cities/states you will most likely be displaced if you can’t afford to out bid those who can afford to. This is the realities especially with WFH is taking over.
@Stoneface_
@Stoneface_ Год назад
What's WFH?
@dhowto3005
@dhowto3005 2 года назад
This is very good reporting!
@darleneachille491
@darleneachille491 2 года назад
Affordable Housing is Healthcare!!!!
@confusedcynic9073
@confusedcynic9073 2 года назад
Warm weather, beaches, paradise, you can't expect to live there on the cheap, just the facts. When landlords raise rent, are those places sitting vacant? Why should a landlord leave money on the table, when somebody else can pay more.
@CC-by6rz
@CC-by6rz 2 года назад
Then you will have no one to make double expresso
@ericschaefer7378
@ericschaefer7378 2 года назад
SF is hell not paradise. It's not "warm" its sweltering. People are trash, traffic is trash, quality of life is trash, food is trash, weather is trash, education is trash, prices are trash, coffee is trash.... on and on and on.
@cryptofinance3985
@cryptofinance3985 2 года назад
Florida is not paradise and has nothing to justify high rent hike. Y’all acting like Florida is Hawaii, it’s not.
@mia1shooter
@mia1shooter 2 года назад
Ironically they're gonna squeeze this big building into a place that has very minimal parking...just so they can have a predatory towing/booting company to terrorize and extort the residents
@effyoo6081
@effyoo6081 2 года назад
Yea, cause $50 towing fees are where it's at. Not the thousands in fees, higher property values, and millions in rent a month. Go with towing for the reason your mad. Jesus xhrist your dumb
@effyoo6081
@effyoo6081 2 года назад
You think multi million dollar building companies set up garbage towing companies to harass people instead of just building more multi million dollar buildings? Bruh, what drugs are u on?
@DnYD999
@DnYD999 2 года назад
They just won’t work there. They will move and the greedy landlords can shove it. Hope the landlords can also flip burgers
@spignetti
@spignetti 2 года назад
The wanna build 1970's era apt. block housing for the scrubs that keep the engines running..Wow, how nice of them....smh
@vannawhitesbabbydaddy9390
@vannawhitesbabbydaddy9390 2 года назад
👍
@DRAKKENFIRE22
@DRAKKENFIRE22 2 года назад
A number of factors have lead to this, and renters can influence rental costs if they're mature enough and can get their priorities straight. Not willing to drive more than 15 minutes to get to work is a lame excuse. Having the government build "affordable housing" will not end well. You'll get the affordable housing and the crime to go with it. "Build Back Better" isn't working.
@danponitlong
@danponitlong 2 года назад
SAFE MORE, INTEAD OF BUYING EXPENSIVE PHONES, AND PARTYING/BIG VACATION...BUT CANNOT PAY RENT DOESN'T MAKE SENSE.....
@mariusfacktor3597
@mariusfacktor3597 2 года назад
Build Back Better was never passed. When you start blaming something that doesn't exist, maybe you're completely wrong (hint: you are).
@quickflipper3213
@quickflipper3213 2 года назад
Lets Go Brandon
@youtubecarspottersguide1
@youtubecarspottersguide1 2 года назад
city workers price fire school teachers need to live 10 mins not 2hrs one way to work
@ezra420420
@ezra420420 2 года назад
Fix up tamarind and 20th
@orionfl79
@orionfl79 2 года назад
I've been in my apartment for nearly a decade and typically each year the rent would go up between $30 and $50. October of last year, they hit us with a $250 increase and now talking to my neighbors who are getting their renewal notices its looking like come October of this year its going up $500. Here's what baffles me. My development is in obvious disrepair. The stairwells look like something out of an abandoned prison and the elevator can be likened to a scene from a horror film when we're lucky enough to have it working. The trash chutes are a bio-hazard waiting to happen and there are rusted out crumbling fire doors on just about every other floor. Aside from bringing the fire alarms up to code there haven't been any significant repairs or upgrades to this property in over seven years. There is no way in heaven or hell that from the condition of this development that any sort of increase over $100 could be justified... Yet here we are. So what, blame the increase on the sunshine? Everyone wants to move to good ole SoFla to bake in the heat and enjoy that "Good Ole Florida Freedom" as our governor puts it? Bull poop.
@pastorgoof
@pastorgoof 2 года назад
south Florida is turning into california
@cellsaverr
@cellsaverr 2 года назад
Yep, give it a year or two and we will be there if it keeps up.
@cryptofinance3985
@cryptofinance3985 2 года назад
California has rent control
@cellsaverr
@cellsaverr 2 года назад
@@cryptofinance3985 rent control yet you’re still paying almost 2.4k for a one bedroom apartment l0l
@cryptofinance3985
@cryptofinance3985 2 года назад
​@@cellsaverrThey can still rise rent when people move and Californians move all the time.
@cryptofinance3985
@cryptofinance3985 2 года назад
@@cellsaverr Unlike Florida's artificial demand there is real demand to live in Cali. Californians make more as well unlike Florida.
@keithsnider1958
@keithsnider1958 2 года назад
This is what Republicans bring you.
@tylerkriesel8590
@tylerkriesel8590 2 года назад
Republicans bring democrat style LA living?
@keithsnider1958
@keithsnider1958 2 года назад
@@tylerkriesel8590 yes. They are DINOs.
@CC-by6rz
@CC-by6rz 2 года назад
Sure it wasn't the inflation you're best friend caused
@sssssssss111
@sssssssss111 2 года назад
@@CC-by6rz FED caused inflation … You dimwits will forever parrot each other though
@mariusfacktor3597
@mariusfacktor3597 2 года назад
@@sssssssss111 The housing shortage is not inflation. It's a shortage. It's caused by local governments banning the building of more housing units. If Florida told local governments they can no longer do this, the housing shortage would start to get better.
@nathanielcarreon5634
@nathanielcarreon5634 2 года назад
Nobody and I mean nobody is entitled to Paradise if you cant afford it.
@mariusfacktor3597
@mariusfacktor3597 2 года назад
Nobody is entitled to tell their neighbor what type of home they can live in. Parts of Florida made it illegal to build anything other than a big single family house. Since building more units is banned, the existing units get more and more scarce-- that's why it's insanely expensive.
@isaiah2810
@isaiah2810 2 года назад
Florida is hardly a paradise lol.
@jpettit6373
@jpettit6373 2 года назад
Move ..... if you can't pay, you can't stay
@jackwilson8051
@jackwilson8051 2 года назад
Maybe your hero DeSantis can fix this problem
@infantebenji
@infantebenji 2 года назад
haa he wants this last December democrats send him a letter asking him to put a state of emergency and he told them send it to Biden, in his 2022 plan he didn't barely address HOUSING which is the major issues Floridian are dealing with instead its don't say gay bill, Critical race theory and election protection....crazy mff
@southrichmondtofl
@southrichmondtofl 2 года назад
Far better off with him than that other cat that the EMT's had to remove from a Hotel room from a Meth overdose with a male prostitute!!!
@veromikes
@veromikes 2 года назад
Let’s Go Brandon!!!
@norml.hugh-mann
@norml.hugh-mann 2 года назад
Wasn't his fault that yall screwed the pooch with corona
@gymdoc7549
@gymdoc7549 2 года назад
What is Governor Desantis doing for Floridans enduring this housing crisis?
@veromikes
@veromikes 2 года назад
@@gymdoc7549 what would you like him to do?
@gymdoc7549
@gymdoc7549 2 года назад
@@veromikes it’s not my job to come up with solutions to solve the housing crisis that’s what Governors and Mayors are paid to do
@veromikes
@veromikes 2 года назад
@@gymdoc7549 seems to me the ‘ housing crisis in wpb is due to the northerners moving here to escape insane mandates in liberal states and paying big money which drives up prices and rent in real estate. Also the highest inflation rates in 40 years accompanied by weak supply chain. Not sure Desantis is to blame here. Peace. Love & happiness
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