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Why Rent Increases Every Year
Professor of urban planning Kate Nelischer answers your questions about real estate and the US housing crisis from Twitter. Why does rent increase every year? #WIRED Still haven’t subscribed to WIRED on YouTube? ►► Listen to the Get WIRED podcast ►► Want more WIRED? Get the magazine ►► Follow WIRED: Instagram ►► Twitter ►► Facebook…
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@tradeprosper5002
April 4, 2024 at 4:55 pm
We need more coop rentals.
@jonathanallen6938
April 4, 2024 at 4:57 pm
Or…… land lords don’t do jack and still raise the price every year because f you, that’s why.
@victorlinares4137
April 4, 2024 at 4:59 pm
The lower end housing is real af. I live in nyc and as a single college student im fine with a literal hole in the wall but they dont exist anymore. All tye new buildings in my area are either fancy or for business
@sl4983
April 4, 2024 at 5:01 pm
Stop 1 year leases!!!
@HelennaRose
April 4, 2024 at 5:02 pm
One reason:
GREED.
@maryg9482
April 4, 2024 at 5:10 pm
Let me translate as a GenXr….greed won.
@rickyzuron
April 4, 2024 at 5:15 pm
To keep people poor !
@rolan2dr
April 4, 2024 at 5:15 pm
Corporation landlord. Government needs time step in.
@kateauston7090
April 4, 2024 at 5:24 pm
Quite simply, you are slaves in this world. Travel independently without a passport. You are just a number
@JackOfAllTrades0404
April 4, 2024 at 5:43 pm
I’m tired of this, grandpa!
@JackOfAllTrades0404
April 4, 2024 at 5:44 pm
RENT STRIKE NOW
@kuenythiluang25
April 4, 2024 at 5:45 pm
Everything is ‘Luxury’ in our low quality world
@craigmerkey8518
April 4, 2024 at 5:57 pm
Because profit is the only goal!
@Bobby-nd2ge
April 4, 2024 at 6:15 pm
Must be something else because over the last 10 years I’ve seen so many new apartment buildings and so many new houses and them homeless doubled or tripled in some areas.
@carolbirnberg8129
April 4, 2024 at 6:22 pm
I know everything is supply and demand and also free market but there has to be regulations to prevent monopolies. Corporations only care for the profit
@oogiegoogie2826
April 4, 2024 at 6:35 pm
One of the most obvious flaws of capitalism. Inelastic demand plus private ownership leads to people being sucked dry.
@aronean
April 4, 2024 at 7:01 pm
Let in hundreds of thousands of illegals.
They take up low cost housing.
Supply of housing goes down
Price of housing goes up.
You voted for this.
@nguyen7957
April 4, 2024 at 7:08 pm
yeah government should be monitoring this
@user-py6tt1us1k
April 4, 2024 at 7:43 pm
Super sciurty
@scroogemcduckrich9705
April 4, 2024 at 7:46 pm
housing shouldn’t be allowed to be corporateized
@HacknMate
April 4, 2024 at 8:18 pm
“luxury housing”
@KrazyNomadQc
April 4, 2024 at 8:30 pm
While I agree corporations shouldn’t have any business owning residential real estate, 16 years of near 0% interest rate is the great responsible for high real estate price. So blame banks and government who did not remove real estate incentives for corporations.
@XvaleckX
April 4, 2024 at 9:00 pm
Government should be stepping in here. I see “ luxury” apartments going up and they are also built to fall apart. They shouldn’t be built at all
@WMX-rb4ic
April 4, 2024 at 9:14 pm
Greed
@djr9999
April 4, 2024 at 9:14 pm
the rich get richer and the poor get poorer
@TheFireGiver
April 4, 2024 at 9:48 pm
This is straight up misleading. Yes all of those are factors, but they are all driven by one single thing. Supply hasn’t kept up with demand.
@chill-lady-brook
April 5, 2024 at 10:02 am
There are more empty homes in this country than there are homeless people, so no, supply is just fine. They’re too expensive.
@reem3266
April 4, 2024 at 9:50 pm
Hot take: if majority of housing is luxury, that’s not luxury anymore. That’s average housing.
@janosik150
April 4, 2024 at 10:10 pm
I am a landlord, I don’t do that.
@Aro9313
April 5, 2024 at 2:59 am
Good.
@chill-lady-brook
April 5, 2024 at 10:01 am
Get a real job
@One-Headlight
April 4, 2024 at 10:14 pm
Capitalism
@nicokelly6453
April 4, 2024 at 10:20 pm
Also a lot of cities don’t build new housing fast enough compared to demand. Pair that with zoning regulations and NIMBY attitudes around high density housing.
@Dailymotion.
April 4, 2024 at 11:02 pm
People doesn’t ask for a raise
@saphricpcgaming5182
April 4, 2024 at 11:32 pm
Cool another video that offers no solutions.
@brad5426
April 4, 2024 at 11:56 pm
Happening in Europe too. We all need to get out and fight it
@drchipmunk3247
April 5, 2024 at 1:22 am
Evil!!!!
@CaptainCJ97
April 5, 2024 at 1:38 am
Should be illegal this is insane. so many land lords barely if at all do any maintenance or upgrades which also should lower rent
@dantheman52420
April 5, 2024 at 8:25 pm
Everything you don’t like should be illegal.
@mania.v
April 5, 2024 at 2:14 am
Seeing that in a graph form totally crushed me.. What a terrible world to live in.
@AlexSanchez-gd7wb
April 5, 2024 at 2:21 am
If they’d just build tons of more houses,this would fix the problem. Aka trumps plan to build new cities. Supply should surpass demand not vice versa
@chill-lady-brook
April 5, 2024 at 10:01 am
We don’t need more buildings stupid. There are millions of empty homes right now. There are more empty homes than there are homeless people. Also how would anyone afford them when he puts an at least 10% tax on everything that people buy? Cause news flash, those companies don’t foot the bill, they pass it on to the consumer, and then domestic companies match those prices.
@thanos879
April 5, 2024 at 4:38 am
It’s going to reach a boiling point if they keep this up. The people are going to start fighting back.
@ewerto3270
April 5, 2024 at 8:12 am
Nah rent went up by 450% in Germany while the salary is only up by about 100%
@wocathoden
April 5, 2024 at 9:04 am
Let me translate; because people are greedy, and they have no shame.
@depreciatingasset
April 5, 2024 at 9:22 am
Fake populist demagoguery
Yea luxury housing is your regular apt
Not that many houses are owned by large corporations. Maybe you are looking at LLCs? Which every homeowner uses so he doesn’t get screwed by leftist laws when leftards take over his apt
3rd, changing rent to sale. Yea bcz nobody wants to be a landlord with your leftist laws, that bankrupt anyone renting their homes, so f you and your side
Buy your houses people
Go where you’re treated best
@depreciatingasset
April 5, 2024 at 9:24 am
All the comments are ignorant peeps who are peak dunning Kruger and believe this leftard. like Lenin called his followers “useful !d!0t$”
@thepain321
April 5, 2024 at 10:17 am
Landlords want more because they are in control of the price. Businesses don’t increase pay for the same reason. They set the price.
@spyroluver0951
April 5, 2024 at 10:43 am
why is the graph stopping at 2000 and not 2024?
@spyroluver0951
April 5, 2024 at 10:44 am
and where is this statistic based? Which country?
@SakSuper17
April 5, 2024 at 12:22 pm
Human evolution was a mistake
@MantraHerbInchSin
April 5, 2024 at 2:14 pm
I thought they always increase rent, regardless of any other factors
@campbellprovan2871
April 5, 2024 at 4:22 pm
I don’t give a sh1t
@randomsanwhich
April 5, 2024 at 7:37 pm
As a landlord, taxes have caused increase in rent.
@zemm9003
April 6, 2024 at 7:00 pm
No. Corporations did and real estate speculation did. You are a landlord and you don’t even know your own market???
@lanthompson3447
April 5, 2024 at 10:55 pm
“I’m in an unstable position with housing, it’s so corrupt”… “Ahh that’s really disappointing” ☹️ *Whips out chart* Let’s take a look at this graph 😂. Well if you look down here, where your grandparents rent was, you’re… You’re up here 🤦🏽♂️😂. Just so you can see just how much you’re getting f*cked 😂. We get it we’re poor now 😭😂😭
@frenchtoast4574
April 6, 2024 at 3:23 am
Corporations shold not be allowed to rent, only selling for a fair price
@hellothere9167
April 6, 2024 at 11:44 am
America feels like a country owned by private companies rather than a government held by it’s people
@hrodebrt
April 6, 2024 at 12:19 pm
I could tell you how to fix this but I would just get called like a communist or something so I wont even bother
@sickfork
April 6, 2024 at 12:33 pm
capitalism at its finest yall ❤
@nnkk7742
April 6, 2024 at 5:07 pm
Because young people refuse to go after boomers. Now they’re old enough to hold prominent positions and getting corporations in on the nimby pyramid scheme. Things need to get fixed or get violent.
@jennyperpa5302
April 6, 2024 at 9:27 pm
Corporate greed.
@fdm2155
April 6, 2024 at 10:28 pm
Wow, I had no idea corp ownership was so high!
@allenekmark5083
April 6, 2024 at 11:38 pm
im in hud housing and my rent goes up every year – $2040 more per year than when i moved in seven years ago. the excuse given each year is that the cost of running the building is increasing.
so the cost of running my building went up about $11,100 last year.
$75,480 in the last seven years.
BS!
its capitalism run amok
@sunshinelizard1
April 7, 2024 at 12:58 am
And we all know by now that U.S. corporations get away with whatever they can to boost profits. They make foods that contain toxins and carcinogens, clothing with plastics and toxins, they pollute our waters and planet and oceans. In the 80’s, plastics companies hired a PR firm to specifically convince people to take ownership of disposing of plastics with recycling so that they would not be held accountable. It never ends and our government won’t stop them, besides, Hunter’s laptop is so much more important.
@randomoofkingstuff2174
April 7, 2024 at 1:38 am
i mean let be honest those guy who bought the house take the most risk. bigger risk higher the return.
@yeewins5221
April 7, 2024 at 5:42 am
This is all cope, it is quite literally supply and demand.
@WanderingExistence
April 7, 2024 at 7:51 am
You do realize that land has an inelastic supply, right?? And while there is some elasticity in demand of how much land one means everybody needs some access to land to live. It’s not like most other products and services.
“The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give.” — Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations, Book I, Chapter XI “Of the Rent of Land”
@julianaherrera308
April 7, 2024 at 7:25 am
Normal housing is a luxury at this point. I can tell you why your salary doesn’t increase with rent costs in one word: Greed.
@sleekblackroadster
April 7, 2024 at 8:22 am
We let narcissistic capitalism ruin things for humanity
@yyyyyk
April 7, 2024 at 10:10 am
Here’s one of the dictionary definitions of the word “Luxury”:
“Something that is not essential but provides pleasure and comfort”
Housing IS essential!
Affordable housing should be one of the government’s responsibilities, or at least legislating against corporations turning it into a for-profit industry!
@patricksibiya7861
April 7, 2024 at 10:10 am
I blame the book “rich dad poor dad.”
@SiegfriedFries
April 7, 2024 at 10:33 am
To Whites have less babies.
@S.Gamedev-zc2wp
April 7, 2024 at 11:47 am
Cus people buy houses as an investment and don’t even use it a lot of the time
@DesertVox
April 7, 2024 at 12:32 pm
Rent population = slavs.
@renashbell1203
April 7, 2024 at 1:35 pm
Now what you gonna do about it? Nothing
@GSDRecGaming
April 7, 2024 at 3:35 pm
Bloody bastards are greedy, that’s why. They don’t give a shite about no one but themselves and their pockets.
@zhubajie6940
April 7, 2024 at 3:47 pm
Another example is that the capitalists don’t want to be capitalist and compete but form monopolies and invest in government to reduce competition so they can raise rents faster than wages.
@AnymMusic
April 7, 2024 at 4:18 pm
Greed. Itself greed
@lasermanso
April 7, 2024 at 6:05 pm
Dont worry tho, it will get much worse !😊
@derekfry9034
April 7, 2024 at 6:48 pm
“upgrades they’ve made”
@geruschneider6329
April 7, 2024 at 7:09 pm
*Capitalism 101*
@mayomonki
April 7, 2024 at 9:22 pm
i blame san diego.
@alexthejew420
April 8, 2024 at 12:44 am
THAT GRAPH IS INSANE !! THIS NEEDS TO CHANGE WTF?????
@karlmarcs31
April 8, 2024 at 1:37 am
Corporations and non citizens should not be allowed to buy homes.
@Johan-vk5yd
April 8, 2024 at 1:58 am
The video doesn’t tell why, only how.
@toddmollerup9210
April 8, 2024 at 6:43 am
Replacement costs for housing has gone up.
@Machiavelli225
April 8, 2024 at 6:52 am
Gotta love oligopolistic markets
@420247paul
April 8, 2024 at 7:22 am
Everyone loves capitalism, no one understands the dangers of late stage capitalism.
@Mald031973
April 8, 2024 at 8:22 am
lol how to spot someone that’s never researched how this works without them saying it lol
@bojassem12
April 8, 2024 at 9:26 am
Capitalism be like
@TheCrusaderRabbits
April 8, 2024 at 10:21 am
Doesn’t mention rent control.
@tallyjaxval
April 8, 2024 at 10:46 am
I said this back when AirBnB started: this is going to ruin renting.
@TerraGlide
April 8, 2024 at 1:53 pm
Corporations ruin everything.
@lorgerdat
April 8, 2024 at 1:55 pm
One word, greed
@ep1cdeath928
April 8, 2024 at 3:05 pm
Simple answer: large investment groups and corporations are using baby boomers’ & gen x retirement funds to strangle or create faux demand on the housing market causing rent to increase and overall house market prices.
To add: investment groups that manage and control federal retirement accounts also got the green light, with a change in the law, to redirect ret funds to sectors that were once off limits due to volatility.
@thomascoleman7708
April 8, 2024 at 4:21 pm
RFK jr is the only candidate speaking out against this.
@NoContent1991
April 8, 2024 at 4:26 pm
Its called corruption
@1832ec
April 8, 2024 at 4:45 pm
“Upgrades”
@user-fj4en7cq8d
April 8, 2024 at 5:59 pm
It’s also because of illegal immigration.
@n.a.larson9161
April 8, 2024 at 6:12 pm
I don’t know if I should like this or not. Even as a signal of approval for bringing attention to a problem…well, she seems pretty neutral about it.
@danliddiard
April 8, 2024 at 7:39 pm
Supply and demand, More people same amount of land.
@mykeymato
April 8, 2024 at 7:51 pm
Greed…
@amellirizarry9503
April 8, 2024 at 8:01 pm
Literally because of Capitalism
@josephgrip
April 8, 2024 at 8:03 pm
It’s because of housing supply not being high enough
@piercesteiner6020
April 8, 2024 at 8:44 pm
Also property managers as well as handyman and all these other supports to landlords. Prices have gone up due to cost of living as well as how much it cost just to run a business with all the overheads tools equipment etc
@baleavitt
April 8, 2024 at 8:49 pm
Nevermind that the biggest reason prices are going up is because of the “real estate experts” making sure that they do
@caseycreighton1687
April 8, 2024 at 9:06 pm
This chart was circling around a few months ago and has since been proven false
@ventusprime
April 10, 2024 at 1:28 pm
Welcome to East EU , this is the norm
@DMachine52
April 10, 2024 at 1:32 pm
Housing is not a commodity, capitalism: get bread or get dead
@MagumoKawasaki
April 10, 2024 at 1:57 pm
BlackRock does this. This company that is ruining housing are also investing tons of money into video games for “Diversity”. Things like ESG Scores and DEI. Which is pretty much promoting tokenism.
@antraxbeta23
April 10, 2024 at 2:02 pm
Short answer, greed, simply as that
@augustuswade9781
April 10, 2024 at 2:11 pm
This is what FIAT currency does
@krunchyapples
April 10, 2024 at 2:15 pm
Should be gd illegal for corporations to buy up single family homes
@shagituz
April 10, 2024 at 2:57 pm
Regulations
@ADP12345
April 10, 2024 at 3:46 pm
Stop renting. Its always a waste of money
@conchureify
April 10, 2024 at 3:55 pm
It’s greed the answer is greed nothing else
@jordanmcgrory2171
April 10, 2024 at 3:56 pm
The problem isn’t rent as such, it’s your boss suppressing your wages.
@mrFunkyPickle
April 10, 2024 at 4:13 pm
This is just what endgame capitalism is, mind you, we’re still at the very very beginning. But, don’t be fooled no socio-political structure has ever lasted, they always crumble and start anew and let me tell you, we are starting to see the beginning of the end to Capitalism
@ZeikCallaway
April 10, 2024 at 4:57 pm
Landlord greed outweighs your labor negotiating power.
@blakebrown534
April 10, 2024 at 5:54 pm
The real issue is lack of construction of new homes. They could make all new homes luxury and if there is enough of them the price still goes down regardless. In 1975 the % of new homes built that were ‘starter homes’ (1400 sq. ft or less) was 40%. Today that number is just 7%.
@grantf8616
April 10, 2024 at 6:34 pm
Late stage capitalism
@angelgutierrez2151
April 10, 2024 at 6:47 pm
Got my lease renewal letter today. Corporate landlord raised rent $200 for a 1br apartment to $2,050/mo 😢
@Gozi4452
April 10, 2024 at 6:49 pm
This short could be a second long. Just say gentrification and move on lol.
@Hawksforever99
April 10, 2024 at 6:57 pm
Welcome to Joe’s America
@playerzero2236
April 10, 2024 at 7:34 pm
She’s quite pretty
@muhammadyusoffjamaluddin
April 10, 2024 at 7:35 pm
ReasonTV should have made this vid and comprae it to what Sander is saying…
But they are American so no comment.
@earth2emma
April 10, 2024 at 7:55 pm
Also there was this thing cdc did saying that tenants weren’t obligated to pay rent during the pandemic…it only makes sense that landlords are trying to make up for lost revenue
@thenewriotact
April 10, 2024 at 8:28 pm
Maybe there are too many people in the places people want to be? I imagine lots of new immigrants go to desirable wanting to find opportunities, but it’s them plus 10s of thousands of others trying to do the same thing in the same place. All while there is already people living there.
As a New Yorker, you aren’t competing to get a good place against other New Yorkers, you’re competing with the entire world to live in that city, and some of them are more desperate or more wealthy than you. Same with LA, SF, Seattle, etc. places like Dallas or Houston will just keep cranking out R1 single family suburbs because they have the land…for now.
@Ramok1
April 10, 2024 at 8:49 pm
Rent goes up because the insurance premium and taxes keep going up.
@pogyboss1302
April 10, 2024 at 8:51 pm
I love my corporate overlord
@robertjourdain-zq3xo
April 10, 2024 at 8:59 pm
It’s funny, I don’t even watch the video for the real information. All the real info is in the comments…lol.
@soyuz281
April 10, 2024 at 9:26 pm
Because big businesses wants to make more money by charging more and paying workers less.
@TheNocturnalDragon
April 10, 2024 at 9:29 pm
Just need all these high charging slumlords to pass on.
@diasent
April 10, 2024 at 10:25 pm
Who’s making 5.15/hr?
@varnishyourboard
April 10, 2024 at 11:09 pm
Had a corporate landlord and they nickeled and dimed me at every turn, Wish I could say “never again” but eventually they’ll own eveything (and we’ll be happy).
@dracodomitor6676
April 10, 2024 at 11:30 pm
Reason: greed
@allswellinendwell6957
April 10, 2024 at 11:40 pm
government has made being a landlord more complicated and driven up the barriers to entry. Its priced out the mom and pop types and made it so you have to be a large corporation
@aprotosis
April 10, 2024 at 11:40 pm
In Economics terms, Housing an Inelastic Good. Demand doesn’t change with cost because it is tied to human survival. Like food, water, healthcare, etc. There is no price we won’t pay to live. They would jack the prices more if they can, but they need to manufacture consent, otherwise the people tend to rise up.
This is why companies in these sectors will look for any excuse and beat that drum, even if it doesn’t make sense as long as it gives an good enough excuse for the majority to give consent. Like when minimum wage increases are voted in and restaurants will raise prices immediately, even if it doesn’t go into effect for years. It just has to sound convincing to most of us and, let’s be frank… most of us are rubes.
@paulhunt505
April 11, 2024 at 6:54 am
It’s immigration.
@mattwood8659
April 11, 2024 at 8:49 am
I live in such a luxury house with no dishwasher and a broken window that let’s the rain in. Such luxury
@MollyGaia
April 11, 2024 at 9:10 am
LOL 100% inflation in renting SINCE 1995!!!! This has been argentina just the last 6 months.
@themanagement69
April 11, 2024 at 9:41 am
the revolution is coming my friends. mostly eff the govts who allow the greedy to exploit us.
@Paul_Jones1982
April 11, 2024 at 10:24 am
Whole industry needs to be overhauled and regulated.
@tan8813
April 11, 2024 at 12:47 pm
Rent is high because interest,
The house you paid 100k for with a loan that’s 250k with interest,
It’s not worth that moving, you seek it to someone for 300k and they pay 600k with interest
The same bric/ wood
@Montoya2005
April 11, 2024 at 1:32 pm
How can I make this about Brexit and the UK?
@SomberP
April 11, 2024 at 1:53 pm
Before I moved in with my parents my salary had increased 1% while my rent was going to increase 10%
At 30 I could no longer afford living alone like I had been for years.
@user-ri6ri5yj4n
April 11, 2024 at 2:16 pm
So, supply is low and, after an invasion of “migrants” , demand is very, very high. Wow, almost like the whole thing was planned. Makes skeptical folk go “Hmmm”. Just say’en…IMHO….
@Chewy427
April 11, 2024 at 3:15 pm
That doesn’t make sense. You can’t pass on a cost.
@pavk3072
April 11, 2024 at 3:35 pm
Didn’t really answer the question…
@CurtMortis
April 11, 2024 at 3:39 pm
Because governments flooding western countries with inmigrants and not enough new homes being built.
@AiyukIsHim
April 11, 2024 at 4:12 pm
When you import tons of people every year and don’t build that many houses the amount of people competing for houses drives up the price and if I can hire an immigrant who just got here for less I will
@xxHazzardousxx
April 11, 2024 at 4:17 pm
Ban landlords
@chriss2295
April 11, 2024 at 4:26 pm
Answer – Be the landlord
@anthonygriffin6868
April 11, 2024 at 4:33 pm
Why does inflammation increase rent?
@krismacnulty3216
April 11, 2024 at 4:52 pm
Landlord want to increase profits above inflation before it’s too late.. Whilst companies pay staff as little as possible ie below inflation in order to create larger profit margins.
@Jmack1lla
April 11, 2024 at 8:40 pm
Money printing. Everything else is a red herring.
@goobfilmcast4239
April 11, 2024 at 9:15 pm
So the landlord isn’t allowed to get their yearly “salary increase”? Isn’t it the Renter’s fault if they do not have enough money?….not the Landlord’s ???
@Butanoshi
April 12, 2024 at 7:58 am
immigration 😛
@liamsklar5343
April 12, 2024 at 8:33 am
More luxury housing is being built because of rent control and subsidized housing. The material costs are higher on low income housing, because construction companies lose money due to the regulations. If we really wanted more low income housing, we should make it cheaper to build low income housing.
@Starlightkaelidoscope-sr1lv
April 12, 2024 at 8:36 am
She doesn’t know what she’s talking about
@dennyroozeboom4795
April 12, 2024 at 8:40 am
If what they’re doing with the profit of your rent isn’t building new housing, it should simply be illegal.
@briankirz231
April 12, 2024 at 8:47 am
HOW IS BUILDING MORE HOUSING NOT MENTIONED HERE
@Mr.MoneyBags1
April 12, 2024 at 9:29 am
Hey next time you should use real rent expenditures vs real income. Not nominal rent expenditures vs real income. Basic level economics there
@EskilWallestein
April 12, 2024 at 10:32 am
You didn’t tell them way. You toled them that it is investors. But way do investors buy homes. It like you scered of emitting y dont know and doing more research 😂😂😂😂
@MrAcousticScreams
April 12, 2024 at 11:07 am
Leftists in the comments, if corporations are greedy, then they’ve always been greedy. You can’t explain a novel phenomenon or trend on the basis of a universal constant. Prices have been skyrocketing since we went off the gold standard with Nixon in the 70s. Research the banking system and fiat currency, and lay off the lazy pinko reasoning.
@branch737
April 12, 2024 at 7:32 pm
It can be described as corporations becoming more or less greedy during a given period right?
@MrAcousticScreams
April 12, 2024 at 7:41 pm
@@branch737 if that’s true, then why? I’ll hear out an argument if there’s reasoning to why corporations are more greedy now than previously, but where’s the evidence of that?
@MatthewOrndoff
April 12, 2024 at 11:45 am
You will own NOTHING and be HAPPY 🙂 🌈🦄
@maclnmacln
April 12, 2024 at 12:01 pm
I am builder. It’s all pure greed
@FlintBits
April 12, 2024 at 12:12 pm
That is fine, there is unlimited land.
@ku12
April 12, 2024 at 1:05 pm
She also forgets to mention that as high as even low rents are. Nobody wants low income renters on average because they tend to default and take bad care of the property plus all the cities with overprotective tenant laws. So we come into a culture now where people either only want to deal with people through Airbnb or by raising rents, you slowly attract a level of clientele that you can atleast delude yourself into thinking will be better tenant
@freemarketspeople3514
April 12, 2024 at 1:15 pm
If you don’t get a raise then start looking for another job.
@JustAnNPC69
April 12, 2024 at 1:43 pm
“That’s really disappointing”….NOW, I may be wrong in pretty much everything in my life but I can bet my left nut for certain that she was lying when she said that 😂😂😂😂
@WINZ0W
April 12, 2024 at 2:04 pm
We are plagued by landlords who profit off of other peoples labour and decades of wage theft by companies to the tune of trillions of dollars.
@joe94c
April 12, 2024 at 2:18 pm
The boomertake ‘just stop buying coffee’
@Berelore
April 12, 2024 at 3:00 pm
You should source your graphs better you’re doing an apples and oranges comparison ignoring that one of those graphs is in adjusted dollars and one isn’t.
@dannyduchamp
April 12, 2024 at 3:06 pm
Corporations buy up homes because they’re going up in value in the first place. The fundamental cause is really simple: The rate of homes being built is not rising in line with population. Just cut housing regulations and more homes will be built.
Frankly, not mentioning what is by far the largest factor in a video about rising housing prices is beyond negligent.
@hawavideouploader
April 12, 2024 at 4:33 pm
Americans are too illiterate or too proud to change anything because they’ll never accept anything wrong with their country. This country needs a French revolution but all the Americans are biggest chicken I’ve ever met.
@dialecticalmonist3405
April 12, 2024 at 6:14 pm
All of this is incidental to the REAL problem.
SUPPLY and DEMAND. When Biden destroys energy supply, there is less supply to meet demand. That applies to every industry.
@tomtuttle919
April 12, 2024 at 7:33 pm
You will all be homeless in the future and the wealthy will laugh about it….
@pierre1360
April 12, 2024 at 7:37 pm
The problem isn’t lack of supply
@SleepyFishBowl-dk9qq
April 12, 2024 at 7:55 pm
They aren’t homes. They are houses. Trying to say the product is anything but shelter attaches more value to housing and ups the price for no reason. Housing in the US shouldn’t cost more than forty to sixty thousand dollars based on labor and materials
@eddieyutub
April 12, 2024 at 9:04 pm
So why is that allowed
@jdotoz
April 12, 2024 at 9:18 pm
Because “screw you,” that’s why.
@gondolapirate1609
April 12, 2024 at 11:11 pm
so, do not rent a house. teach that fat greedy corporations some lessons!
@nothingcangowrongnow
April 12, 2024 at 11:49 pm
Insurance goes up every year, property taxes go up every year, repairs are more expensive … all that gets passed down to the renter.
@markbeeley3282
April 13, 2024 at 12:04 am
The government prints money, increases the money supply, decreasing purchasing power, then raises taxes and interest rates.
@Perceptious37
April 13, 2024 at 12:15 am
you can see the dead eyes as she is giving a corporate response. There is no reason. Greedy boomers is the only reason.
@yulfine1688
April 13, 2024 at 6:14 am
Plenty of reasons if you bothered to research what’s happening
@chrismount8793
April 13, 2024 at 1:27 am
Actual Facts – during covid, tons of people needed to move all at once. Then back all at once. Temp rent burst, but then us dumb renters just keep ACCEPTING it without a fight.
@justsomeguywithoutamustach3rd
April 13, 2024 at 1:59 am
Don’t forget in lots of cities. It’s also just basically illegal to construct new housing, especially in California.
@brucelatham6636
April 13, 2024 at 2:19 am
Because labor is not valued in this country.
@RavarsenBlogspot
April 13, 2024 at 4:35 am
Housing is for living
@ReesesCupOfficial
April 13, 2024 at 7:45 am
It actually just comes down to leverage for both your salary and the rent. The landlords know you need a place to live in so you’ll pay it when they raise the rent. Your job knows that you need a job and probably won’t leave so they won’t raise your salary.
@perpetualgains6559
April 13, 2024 at 10:31 am
Rent increases because people will pay, period
@gabriellaschweska2054
April 13, 2024 at 11:43 am
Look at her skin. That that is a meticulously cared for face a thing of beauty.
@CrextComic
April 13, 2024 at 1:49 pm
Make it illegal for corporations to own homes
@seanbullough6296
April 13, 2024 at 2:30 pm
Except there’s no legal definition of what “luxury housing” is, so any housing can be called luxury. It’s all just a tactic designed to constantly keep rents increasing.
@DavidMCammack
April 13, 2024 at 3:01 pm
Lies, Lies, Lies. This BS “answer” makes what’s happening seem “reasonable”. Like let me tell you the logic of why you’re getting F’ed Over. … Oh thanks so much. …. Absolutely useless “expert” (non)answer.
@johnlennon2864
April 13, 2024 at 3:54 pm
How many foreigners have we imported in the past 30 years?
@tcsnowdream9975
April 13, 2024 at 4:09 pm
Boomers took pensions then killed pensions.
That left Gen X scrambling for investments and they took housing.
Now Gen Y and Z have neither pension or housing. They were screwed.
@eddiew2325
April 13, 2024 at 4:17 pm
Ok zombie
@eddiew2325
April 13, 2024 at 4:17 pm
Zoomer
@4Funzzies
April 13, 2024 at 4:29 pm
We need to outlaw corporate or private equity owned real estate. Single family owns should be reserved for families and individuals.
@Michael-xz6jg
April 13, 2024 at 4:35 pm
she could have just said “greed!” and moved on
@drewpamon
April 13, 2024 at 5:05 pm
Luxury apartments don’t get rent control. That’s why
@matthewpatterson9163
April 13, 2024 at 6:06 pm
They charge more because of 3 things
1: government regulations on new builds, restricting supply
2: cost of government licenses and red tape
3: unfavorable tenant to landlord laws, which increase risk which drives the prices up for everyone else.
@grimkupid8478
April 13, 2024 at 6:15 pm
I have yet to see a valid argument against greed when it comes to rent prices.
@vette1
April 13, 2024 at 6:55 pm
its because we stopped building more housing
@alexandrossalazar7800
April 13, 2024 at 7:52 pm
This is why I hate realtors and landlords
@Tirana-qg1ft
April 13, 2024 at 9:01 pm
Awful
@Corkfish1
April 13, 2024 at 9:02 pm
My landlord hasn’t raised my rent in over 4 years