NBC News’ Simone Boyce takes an in-depth look at the rise of built-to-rent properties in suburban areas as the housing market makes it increasingly difficult for low-income families to buy.
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#Rent #Single #RealEstate
Rent The American Dream: The Rise of Built-to-Rent Single-Family Homes
Avilla is a horrible and overprice rental home company they charge 2-5k a month for a tiny 1 story home that is very close to another home so no privacy and very loud
SO LONG TO THE AMERICAN DREAM. WELCOME TO THE AMERICAN DREAM FOR THE RICH
I’m so thankful that I almost have my mortgage paid off….
One thing is for sure…I can’t afford to Rent!
In a world where your job can disappear in a heartbeat, home ownership can destroy a person's finances. Renting is a more stable form of a housing since it allows people to leave an area in search of better work.
I lost everything in the wake of the 2008 mortgage crisis. If we had been a renters instead of home owners, we could have moved to where the jobs were. Instead, we were stuck with a house that was underwater and unsaleable. My husband took a job 150 miles away and stayed in a tiny studio during the week and came home on the weekends. By 2010, we decided to let the house go into foreclosure. He missed so many milestones in his kid's life that could have been avoided if we were renters.
We will never purchase a home as our residence again. It's a trap.
Wow……hold on to your homes people. Seeing videos like this makes me even more determined to stay a homeowner 🌸
When you lose your house, but you don't want to be homeless…
If you're reading this DON'T BUY INTO THIS! I REPEAT DON'T BUY INTO THIS!
That's until the Colorado river runs out of water
Good luck you all ðŸ‘ÂÂ
So… hedge funds are taking advantage of free money to monopolize home ownership.
This is going to drive home prices through the roof and as that happens rent is going to skyrocket.
Why would someone rent when they can own? There's no point in renting.
More greed to finish off our country
Yeah . I have a co worker from Brooklyn New York and she moved to Michigan and for her life took off. Her employment was a transfer with same money however the cost of living dropped 50% . She found a 2 bedroom 2 bathroom with washer and dryer townhouse w a basement with a driveway for 950. She felt like a winner
This is what happens when you have unregulated and runaway Capitalism. Institutions buying entire lots of homes and renting them out for a high premium. Now they're building "rich projects" for middle-class families that they've outpriced in the housing market. A double-whammy. So yes, the American dream is dead and unreachable for many. And yes, you will own nothing and be happy.
This is what is destroying the housing market!
This is the next generations future… I’m a millennial and glad I didn’t have kids .. baby boomers destroyed our future .. on behalf of my generation a big f-u for letting foreign money and Corp buying everything while you enjoyed a different America
The working folk just gonna work til they die. Accept your fate. It’ll be easier
I LEFT CALIFORNIA IN 2013.
MOVED TO MINNESOTA.
IN 2020 I BOUGHT MY 2BEDROOM WITH ITS OWN GARAGE AND
WASHER/ DRYER FOR $70K!!
MY MORTGAGE IS $300 PER MONTH!!😂🤣😅ðŸ¤ MUCH LOVE
from the north. Peace
This is one of the many companies that destroys the dreams and hopes of americans in owning a home. They want every american family to keep renting and not build wealth through equity from owning a home. Such bullsh*t greedy human beings!
The banks, hedge funds, corporations and rich people are buying up most of the homes across America – and they pay CASH. Average families – and single people – don't have a chance to purchase a home – which is the primary way Americans can accumulate some wealth and have a "roof over their heads.". There are many brand new tracts of homes built just for these investors. Another way to Control Americans. This should never be allowed. Our corrupt government and corrupt banks at work.
Private equity is horrible!
The lack of real property ownership is one of the first signs of socialism.
No offense but it sounds like "luxury projects" = you live here, pay money forever and OWN NOTHING FOR INHERITANCE TO YOUR CHILDREN….IJS.
This is what happens when LLCs are purchasing homes outbidding individual purchasing (families) further distancing the American "dream" and ability to build generational wealth in property ownership..God help 2040 families
Rent is so expensive house is so hard the American dream is dead is this playground for the rich
Our standard of living has gotten so high that people not bright enough to understand the value of home ownership can still afford to pay a lot to rent a house. In the past people with this cognitive function couldn't afford such a house. Pretty cool, we're doing pretty well. Not that this will stop people from complaining.
They are going to keep renters rentin forever
Where's all the water going to come from to supply all of them?
Phoenix will face severe water restrictions soon and future temperatures are going to be 130+, let’s see how these big opportunistic companies do when there’s going to be no one wanting to live in their cookie cutter houses out in the desert.
They’re preparing for the eviction crisis
Whenever some rich A hole says something mean spirited they end it with "it is what it is".
Renting sucks
I'd burn them all down because there worth nothing. I'm not telling anyone to do that ofc, just an opinion.
a good idea here, raise rents 10% annually, kick out the renter who has extra cars and live in's. control every move they make, kick them to the street…
Drought permanent ..🌅..Western capitalism is finished…🇺🇸â³🚒ðŸâ€ÂÂ¥
Greed has won💲…total power shut downðŸâ€Â©…dams dry up ( orville, lake mead)…homes will be worthless without affordable bottled water🚿…food farms closingðŸÂÂŽ..😾
Medium homeðŸÂ¡ $1.3 million rent $1500ðŸÂ¬
Spartacus slave revolt…💀ðŸÂ‘they are waking up..🚱
Are you going to put all the homeless in concentration camps after this government enacts equity asset forfeiture?national security act…Trading with the Enemy-50 USC (b) citizen enemy's?😳
No longer can you label all the homeless as mentally ill,💊drug addicted💉, lazyðŸ˜ÂÂ, sub human😱…when it is the millions of middle class living on the streets 😵🇺🇸citizen franchise bonded collateral slave berth'd into maritime law under corporate entity U.S. USC 28 3002 15â°
My mom just bought a house on Phoenix she needed one urgently she had to pay 50k dollars more than asking price the az system is like a auction
omg, this is such a waste of land and resources and an incredible strain on roads and our environment. is it really such a crime in building more apartments and middle housing for ownership that way???
F THAT GUY!!!!! you are still renting which means you take money from others to make your pockets deeper. How can anyone build wealth/equity if you rent…. YOU DONT
You'll own nothing and be happy
This is terrible. Landlords are Parasites.
All a scheme to put gen Z and beyond into bondage.
Great. Southwest in the midst of an epic 21 year mega-drought with record breaking climate change induced temperatures with all time water deficits. And yet they're building more. Like buying a first class ticket on the Titanic.