Why U.S. Real Estate Is So Flawed | CNBC Marathon

Aka boomers and Black rock hit us raw 😅,😢😢

how about xrp stable coin ?

If you want to blame someone just look at the realters,the higher they jack the prices up,the more they make..

I fear homeless and poverty absolutely

Many don't need a mortgage thats why homes have skyrocketed most are not actually owned by the buyers. Due to this even the cash buyer who saved thier entire lives to avoid financing also get screwed.

a year later market still trash no changes

Excuse me, but I don't believe any of this crap.

I keep hearing and reading the same three reasons: recession 2008, pandemic, zoning regulations.

I'm sorry, but it's a free market economy. Supply and demand, hello 👋🏻
Higher prices -> higher opportunity -> more players -> more supply -> balanced prices. I don't see it here. All I'm hearing is blah blah blah

Down payment assistance programs are just socialism for real estate salesmen. Transferring tax revenues to business, while increasingt the debt of taxpayers,

It 100% should be illegal for corporations to own single family homes

Homeless people cost tax payers??!? Ask the corrupt San Francisco politicians.

I dont like that guy from the manhattan institute

Im not crazy about the victim mentality in this video. Homeownership is very possible in this country. It’s not about race it’s about being a good decision maker

Houses should not be an investment tool. Corporation should not be allowed to own them. Foreign investors should not be allowed to own houses. Boomers do not need five houses for investment.

Homeless people are costing tax payers more money? Well fickle consumers that love to haggle custom made one of a kind luxury goods designers whom are self employeed union freelance fashion professionals are wasting our money and time. All the while we still have to suppliment by taking on multiple part time jobs in skills that we are strong in .

IN AMERICA YOUR JOB IS YOUR HOME!!!!!
YOU'RE ACTUALLY A SLAVE....

Canada has the exact same problems as well.

That's y i bought a mobile home pay 3 times less in lot rent than what a typical rental property would have been a month only 600 month if i was by myself living tiny home or living in a rv 450 all bills paid for 5-10 years until i saved enough for a home im not looking for housing my next goal is buy 3-5 acres live off grid get out of rat race

Incredible what happens specifically in California , New york, Florida. They want a million dollars for a Not liveable piece of trash. Realtors are not honest. Corporations, banks. are thieves !

Redfin and Zillow caused the value of homes to skyrocket in Colorado! The bought up thousands of properties over asking. They also caused a shortage of homes. It was a nightmare trying to buy a house in 2021. The houses we looked at were under contract before we left the house tour.

Why haven’t we made adulting a greater part of the grade school curriculum?

Seriously, what is the probability of someone being a successful brain surgeon without a doctoral degree?

If we teach our youth about mortgages, rental agreements, legislation and all the other complex components that effect daily life through out their adolescent years instead of just a couple of semesters of economics before tossing them into the deep end of adulthood, then homelessness wouldn’t be a problem.

The gov. has no desire to build a reserve of capital,,so we pay politicians to borrow & raise inflation to pay debt

This is real Rich coming from most of these people. Most of them are the reason why the market is delayed is let’s not forget the greed the cost of 2008 market crash.

just think how much the Government could help if it hadn't spent all those trillions on criminal wars?

Editor needs to chill on the background music in the beginning

Laughs in Canadian… Cries in Canadian

To get a good mortgage. The household income have to be over 200,000.00, it’s hard for the working class to even save for the down payment for a home.

The most commonly used phrase by liberals in the west to justify increased government spending and for wealth transfer is to call everything under the sun a "human right". Soon there will be nothing left to extort, and we will have to call reversing the process a human right.

You’re telling me these geniuses sat around a table for 30 years searching for an answer and they came up with “housing first”??? Curse that entire generation. Any 12 year old today would tell you that’s the answer. Bravo boomers

Answer: Private Equity. Instead of a Housing being your home it became an Asset. That is what made you want to constantly evaluate it's value and projecting when the best time to sell is/was.

you own nothing and owe everything

Housing, and college is not a right! It is a privilage! Majority of homelessness is due to substance abuse, why should people who get up and work hard everyday be responsible for people who refuse too?

Start paying people more , almost like it fixes most issues

Interest rates should have never been 0% and y'all are more than welcome to blame your local and state government. They love the higher prices on homes because of property taxes and have no incentive to actually lower prices.

Is this an accurate accounting of the mortgage issues the country is facing?

I’m actually scared for those who bought over asking price and think they got a great deal bc of the low interest. You actually got ripped off bc that $650K home is only worth $440K. Insurance companies will pay you the actual cash value of your home, not the market value. The market needs a correction, but we will not see prices plummet like in 2008.

I was homeless for 3 years after leaving an abusive ex-husband that used litigation abuse to drag me through the court for 3.5 years. I prayed to God for provision with other believers around 2 years and 7 months homeless, and God gave me a job which allowed me to get housing.

People and business shouldn't be able to purchase more than 2 homes in their state until these issues are addressed.

Why not just get the investors out of the market, get ride of the tax loop for investors who buy homes and tax second home properties higher.

Propaganda. In 2022 there was 144 million homes and 333.3 million people. That’s a home for every 2.3 people.

So like a lot of greed of the people of the 0ne percent...the rich great richer

The problem with down payment assistance programs is that they exacerbate the problem by increasing demand, thus keeping prices out of reach. Better to use funds dedicated to down payment assistance and create more inventory.

There is no more an American dream we are a banana republic now

Democrats always finds ways to screw people without a kiss This country is all about money money money I am white and can’t get a loan with a good credit it’s not about black or white red or yellow it’s about how much money they can make .

LONG STORY SHORT!!!!
AMERICA'S MONOPOLY GAME IS OFFICIALLY OVER!!!!!! DON'T PASS GO DON'T COLLECT 200, GO STRAIGHT TO JAIL.

the ancient ones won't be able to fix this big failure

Old, very old video. Interest rates are now more than 8% and they will not go down before 2026.

Everything is expensive