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!

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

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

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.

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

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

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!

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.

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

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.

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

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.

One thing that Tricon exec conveniently left out is that owning your own home means you’re paying less for housing over time as inflation rises. You don’t have that advantage as a renter. That means you might very well become homeless when you’re older because your income may not cover the cost of rising rents.

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

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.

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.

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.

I am 35 years old, make about 75K per year and I rent from an apartment. Why??? Well, because my current rent in Ohio is $1215 per month, for a 2 bed 2 bath apt. The price of everything has gone up significantly and now going to the grocery store cost another 50 bucks per trip. How is the average American supposed to save money, when everything cost more. There is no way we can afford a down payment, even though we can easily afford the mortgage payment. Most mortgages are less than 1300 a month for a starter home. Hate to say it, but I honestly don't think I can ever afford a home.

I have debated getting a van with an AC unit on the roof. The thing stopping me is last time I slept in my car I was woken up and harassed by police.. for sleeping in my car..