As some people relocate to the Orlando area amid the pandemic, buyers from out of state are overbidding on homes compared to what local buyers are paying. Sanika Dange from our affiliate WESH speaks with people struggling to find affordable housing and looks at what’s being done to help those looking to move.
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Orlando sucks tho….I dont get it….
Let's go DeSantis
They want all people with money to being homes and everyone else needs to be in an apartment that is how it will be at the end
Current generation of children are been raised in evicted rentals, crammed apartments, and cars. Sure America's future looks bright, Not!!
Rita was prejudice when I was working and the military got in it Seally Mattresses and a mattress company on 436 my son justin Rita left furniture sells in the warehouse after it closed down.
Fun fact, the cash buyer is Zillow.
I guess unless you're students or military/govt workers, your rentals get 2-3x over what you can pay. It's freaking crazy!! ðŸÂ˜💰
Why is there a shortage of affordable rental housing in many communities? A major reason is the cost of land. A secondary reason is community resistance to the granting of building permits for apartment complexes. Dealing with land prices is possible by one means only: communities need to obtain from state government the local option to move to a land-value only property tax base. The objective is for local governments and school districts, in combination, to collect the full potential rental value of locations.
At the same time housing units and all buildings need to be removed from the tax base. Buildings are depreciating assets that require continuous expenditures by owners for maintenance. Then, every decade or so huge expenditures are required for systems replacement and upgrades. It makes little sense to tax owners of buildings. If there is any logic in taxing buildings, then the depreciated value of all assets ought to be taxed each year. Does anyone think it makes sense to impose such a tax on our automobiles, on our computers, on our telephones, on our refrigerators, on our lawn mowers, etc. etc. etc. And, yet, we impose this tax on what is arguably our most essential asset — our home or our place of employment or business.
Anyone who finds the above argument of interest is referred to the website of Common Ground, U.S.A. for more information.
Orlando is the absolute worst. Florida is the absolute worst. Being a millennial trying to rise above life sucks.
Lester looks great!
My friend bought her house 25k over asking price bc she was so desperate
Do you think they’re going to care for people who are in charge of the housing market don’t care as long as a line their pockets
Same for our family in Florida, if the house is on the market for more than a day, we start to say it's already sold.☹ï¸ÂÂ
Bitcoin is the future , investing in it now is the wisest thing to do now especially with the current rise despite all the economic crisisðŸâ€Â¥ðŸâ€Â¥â¤.This is the time to start up an investment, Since Bitcoin could get to 58k so quickly then 150k ending of this year is very possibleðŸâ€Â¥ðŸâ€Â¥ðŸâ€Â¥ðŸ’¯
the American dream went from a house with a white picket fence to a cardboard box on the side of the street. sad
If everything so affordable, then there is no incentive to work harder. Welcome to the real world.
People love the free market and deregulation until it hurts them directly isn't that a shocker
Bet it's all Democrat ppl coming here.. scum
Well you UP the minimum wage FOOD, GAS, HOUSES, RENT, WATER, ELECTRIC……will go up. What were you expecting?!😳
The American Dream has been nothing but A dream these last decades
This just proves that running away from the larger expensive cities does not mean you will find greener pastures elsewhere. Everywhere in this country is becoming what SFO and NYC are.
Glad I brought when I did and I ain’t selling
THE AMERICAN DREAM IS WORK YOUR BUTT OFF FOR AS LITTLE MONEY AS RICH CORPORATIONS WILL PAY THEN WHEN YOU CAN NO LONGER WORK……. SCREW YOU……. THE RICH CORPORATIONS ARE PURCHASING HOUSING RIGHT NOW.,
They are always looking for an attacker.
It's a matter of supply and demand, Low inventory of people who want to sell vs normal amount of buyers, increased out of state/country buyers, eviction moratorium and COVID which deterred most sellers to put house on market.
Wow. You’d think we would know what a housing bubble looks like by now.
greed is pathetic
I know it’s messed up, but I can’t wait to say “I told you this was coming†when the economy drops way harder, faster, and longer than 2008 and you brushed off my anti capitalist speech while you were speculating in the stock market like it’s August 1929.
After Biden we have to make Hillary President!
Flee to Florida Republikkans…. before the state drops into the sea.
There needs to be restrictions on out of states buyers!! Here in Oregon prices have shot up tremendously in the last 20yrs because of people from out of state mostly California who have been buying up houses or moving here for better opportunity or cheaper rent which in turns has been making rent prices skyrocket and the demolishing of cheap houses, motels, and hostels has caused an influx in homelessness here in the state!
She’s going to need a double wide
"At the end of the night, in my house that's better than 90% of the people's watching, I sit down in my comfortable chair in front of my huge TV next to my loving husband and my children, and I sob. I'm never gonna get that super duper second story villa in Mexico. My children are never going to jump off the roof onto a trampoline into a pool made of out of gold. I hate this boohoo"
did I get it right or
"Donald Trump had worst jobs record for a president since before WWII…"
worthless report
New York Post is saying joe biden is proving to be even more of a "Master of Disaster" then president Jimmy Carter…
No state tax….. Be quiet
All those folks from Cali & NY. 🤣🤣🤣
moral of the story: we are in a housing bubble just like 2008
It's called rich azzhole Yankees
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