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Home renters are powerless. Here’s how to fix that | Yale Fox | TEDxNewYork

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New Yorkers spend 65% of their income on rent, higher than the national average. But between roaches, rats, and unfit landlords, few have control over the conditions of the apartments they pay for. Housing advocate Yale Fox proposes a solution: a system that lets uses city data to rate apartments and help you find the best places to live.
Yale Fox is standing up to corruption in our housing rental system, starting with New York and now moving to Toronto. He's the CEO of Rentlogic, which helps people understand how their buildings and landlords rate against others.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at ted.com/tedx

Опубликовано:

6 сен 2024

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Комментарии : 46

@davidowens1424 5 лет назад

In full disclosure, I am a landlord. I have a couple of points. First describing all landlords as this or that is prejudice. As the speaker mentioned, there are good ones and bad ones and everything in the middle. However, stating that all landlords want to maximize profits while minimizing expenses is also inaccurate. There are things as important to landlords as money. Tenants who take good care of the property, are communicative, and responsible for their part of the tenancy commitment are high on good landlords must have list. Long term tenants are awesome. When I hear landlord bashing I get a little offended because I put a lot of money into my rentals and try very hard to work with tenants to resolve issues quickly and conveniently. And since landlords are a necessity for all of the reasons mentioned in the beginning of this talk, we need to find good ways to work together to create better neighborhoods and housing. Demonizing partners doesn't help to reach that goal. It promotes adversarial relationships and no one wins with that. I like the grading system. Hopefully it'll become an industry standard.

@redpilllife1379 5 лет назад

Real estate is a business like every other. Profit is the driving force, nothing else. NYC has a renters suplus and limited supply, so that is why rents are high. Supply and Demand always drive a market.

@claudialopez3765 6 лет назад

He was staring at the script box thing so hard it was a Ted Read not a Ted Talk

@lean9709 5 лет назад

😀😀😀😀😁😁😁😁 it's the first thing I picked up when I opened the video.

@hardeez1 4 года назад

Yeah you can tell he's not that intelligent

@markg5986 4 года назад

@@hardeez1 It's hard to speak in front of a large crowd and remember exactly what you need to say. I agree he could've been less focused on reading the text, but that does not AT ALL mean he's unintelligent. In fact, I think he's quite smart!

@MY-kh9hx 3 года назад

This is not a TED talk. It’s a presentation, a boring one.

@MY-kh9hx 3 года назад

This is not a TED talk. It’s a presentation.

@CoolGirl007 Год назад

You will never get to know the cost of landlord till become one, it require strong financial background

@confusedcynic9073 2 года назад

So his website wants to rate landlords and there buildings, but tenants would have a fit, if landlords published a bad good renter list, you know joe blow don't pay his rent and they destroyed the place etc.... and they were great tenants.

@bernadettekennedy2981 6 лет назад

Affordable housing contracts only last 20 years.

@victormt3510 6 лет назад

I see how this will improve the quality of life but it will do nothing to lower the price of rental properties

@sharinbarber 7 лет назад

Brilliant!

@hardeez1 4 года назад

Not quite

@jdxtube68 6 лет назад

Outstanding!

@hardeez1 4 года назад

Um, no.

@bernadettekennedy2981 6 лет назад

Realtors are to blame. Speculating should be against the law and realtors should have to have degrees with ethics laws. They should not be able to sell homes to investors instead of homebuyers and should not be able set rents or home values.

@alexjones7845 3 года назад

The realtor does not sell to investors, the current owner that is selling the house are the ones that make that decision. Have you looked at a purchase agreement and deed transfer? Realtors just market the properties.

@bernadettekennedy2981 3 года назад

@@alexjones7845 My ex and I had problems with Realtors that would show properties to investors before the general public, to establish a relationship with an investor. Totally unethical.

@alexjones7845 3 года назад

@@bernadettekennedy2981 It's not uncommon for realtors to first show to other realtors so they can let their buyers know what is coming to market and can submit strong offers. I'm not sure I understand the problem, the job of a selling agent is to get the highest offer on terms most beneficial for the seller. Did you have a different goal?

@bernadettekennedy2981 3 года назад

@@alexjones7845 Nice to hear from you Alex.

@PJNormand 2 года назад

@@bernadettekennedy2981 I don't think that is unethical, if the realtor represents the seller their job and ethical duty is to get the best possible price for the owners. Investors tend to have the financing available and can pay / close in a relatively fast time frame.

@precisiont5188 5 лет назад

Great ideas!

@HipHopMovieNews 7 лет назад

This is a great tool.

@RedRose2355 6 лет назад

Llllooooovvveeeee it! Something that actually works! Wow

@jopalo31675 6 лет назад

Just wanted to say, rent stabilization doesn’t work. Simple economics, the studies have been out since the 60’s. During rent stabilization your allowed to raise the rent by a certain percentage point annually. Let’s say it’s 2%... that’s a 10% increase in 5 years; 30% in 15 years. RS causes rents to increase not decrease. I own an apartment building... think about!

@otsoko66 6 лет назад

If rent is increased at inflation, then it is stable in real dollars. Here in Quebec ALL apartments are rent stabilized -- and it works just fine, thanks. The key is that it is ALL rental units. And 30% over 15 years is better than 30% in one year.

@jopalo31675 6 лет назад

It would be a socialist that responds.The simple point is; Rent stabilization equals higher rents period. Otherwise the market would dictate the price. I own multiple properties with multiple units... it works great for me.

@aubreywilliam9048 6 лет назад

jopalo31675 ah yes. A landlord knows how to lower rent and SURPRISE it’s taking away power from renters. Go crawl into a grave.

@wownewstome6123 4 года назад

@jopalo31675, interesting comment, but your math is off. A 2% increase per year equals more than a 10% increase in five years, bcuz each year the 2% is calculated on a larger amount. It's the same way compounded interest is calculated on a savings account.

@alexjones7845 3 года назад

@@otsoko66 These sorts of rules actually force owners to raise rents every year up to the maximum. In CA the newer laws that brought rent control to all multi-family units statewide has essentially caused that. Owners must protect themselves against government control (these rent limits change at pretty much any time). They mitigate those risks now by always increasing by the maximum allowed by law (unless they have to lower to get a tenant). There are far fewer of the owners letting some rentals stay at lower rents for good long term tenants. These new rules also increase the incentive to owners to renovate to capture the upper part of the market. We see far more of the luxury rentals at much higher prices rather than the many of dated but more affordable units. The government meddling in CA really does little good and has a significant downside.

@ArturMINIMAL 6 лет назад

I was eating and that cockroach appeared..

@Raithe11 4 года назад

Topple the ruling class.

@jakekorkala1615 6 лет назад

All these laws to force landlords to provide "affordable" housing is the exact reason you have these problems. Also don't live in an expensive city if you're poor.

@wownewstome6123 4 года назад

@Jake Korkala, it's a give and take world. Without lower income people, how will a city function? Who will be available to clean the streets, do construction work, wait tables, clean your office building, etc.?

@laurenstephens9070 6 лет назад

Sorry, but home ownership isn't a right. And every landlord isn't a wealthy, greedy slumlord. Landlords take the risk so other can have a roof over their heads.