Lack of new construction and corporate landlords contributing to skyrocketing rent

The fact that he even had the audacity to claim that millennials don’t want to own homes or cars shows how disconnected he is with reality! This is so shameful!

“Most young people can’t afford a home mortgage, so we charge them more than a mortgage to rent the American dream”

The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people—at least in California, where I currently reside—are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!

The way they blatantly justify the disgusting things they do is deplorable

Allowing corporate investors to buy single family starter homes should be considered criminal.

I’m a Realtor in the “sunbelt” Winston-Salem/Greensboro area and it’s heartbreaking when I see these huge companies coming in and scooping up all of the starter homes. I applaud all of my sellers who after being properly informed decide NOT to sell to an investor. I have fought for and won many houses for millennials and that is some bull about them wanting to rent a lifestyle. They are smarter than that. They are being forced to rent.

What bothers me the most, having worked in construction, is that the new houses, while looking nice with nice appliances, are so poorly built I wouldn't expect 20 years without major upkeep cost getting you.

High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.

A company, let alone from another country being able to do this here in the U.S is disgusting

"You can rent the American dream now" I don't think a response has ever made me so mad.

This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family.

There needs to be a law to prevent corporations buying up starting homes.

This man just said 'rent the American dream' with a straight face 🙄

That’s appalling and even disgusting. A Canadian corporation telling Americans to “rent” the American dream — when the dream is the EQUITY and generational wealth homeownership provides.

The 900 sq ft apartment I lived in for 9 years in Atlanta...2012 when I first moved in rent was $800 a month. When I moved out in 2021 before the next increase it was $1200. After renovations it rented for $1850 in 2022. Thats over 100% increase. $1850 is considered cheap now in Atlanta. 10 years ago you could easily find 1 bedroom apartments all over the city for $700-$900 a month.

After selling a couple homes in 2022, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

I’m downsizing and have my house under contract, but before even going to the market I got an offer. My realtor asked me if I’ll be willing to hear an offer from a young couple, both veterans, with two kids and moving from another state. They offered the asking price and I accepted it. I’m happy to know that my lovely house is going to be the home for this family. I’m a single mom and the probability of getting more money than the asking price, was very appealing but I followed my heart. Not everything in life is about money, be happy with what you have and grateful for what you are able to give.

I've been watching 60 Minutes for more than 30 years. I can't remember the last time a story you guys did that made me THIS ANGRY.

this year will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust

Those greedy corporate keep sending me junk mail offering to buy my house.