With high home prices and mortgage rates, many Americans are turning to rentals. CNBC’s Diana Olick has more details on why an increasing share of houses are being built specifically for renters in a booming build-to-rent business.
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#NBCNews #Renting #Mortgage
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None of us are going to own anything.
Im sure those homes were originally built to SELL but no one is buying with the current prices and interest rates.
Well. If you can’t afford, you just accept the reality. At least the house is good and they have a place like home.
I am sure this investor is not a renter himself. There should be a cap on investors or tax them high for owning an x mount of properties …that will put an end to their greediness. If you can buy dont rent, Start small it might not be your dream home but at least you will have one foot in.
It's more profitable to rent than to sell.
Bring it to Rochester Ny
I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I need guidance on what investments to make.🚀🚀🚀…
You own nothing, and you will be happy
This is not good
Why does the driveway at 2:04 need to be THAT long? You could easily fit 4 cars on that driveway, plus 2 cars in the garage. Maybe part of the reason why homes are so expensive is because of how inefficiency we use our land. Bigger plots of land, lower density neighborhoods, and as a result longer distances to drive. People in Europe and Asia are facepalming themselves watching this.
"People are demanding they be allowed to make mortgage payments for the wealthy so they buy more homes."
u mainland clowns are funny.. every one of you could buy 3 acres of native Hawaiian forest and build a solar cabin…..
for the same $$ as a new SUV…. lol…. free mango free water free dump free bananas free avocados free lava show free world class beaches, in paradise, etc.
3 billionaires have more money than the bottom 50% of Americans put together. NBC is disgusting.
Home prices increased by 40% in 48 months… Why are people acting like that’s normal?
SCAM ……….HIGH RENT and UGLY. "Bigger backyard" that isn't fenced or yours either. It's a glorified trailerpark. Your house is a xreox copy of your neighbor's house. Just like prison.
Know
Why people rent is not because they want to have zero maintenance. They went because they have bad credit or they don't have enough to put down.
“You will own nothing and like it.” More like, “You will own nothing and also hate it.”
boycott rental homes. the rich will literally win if you rent a house that cost the same as a mortgage itself.
DR horton is building bid neighborhoods and then selling the community to mega corporations to rent out. Going to be big money when they evict you.
Gee, it wouldn't have anything to do with a plan to obtain property with the banks being planned to take down & renters in the end having to relocate because of property not being paid off when it happens in order to relocate unwanted's would it ???
Another opportunity for greedy investors to keep the profits coming in.
Paying a landlord means that money is not coming back to you, and at the end of the agreement, you don't own a home that is yours.
Renting is like being on a treadmill. Its cool while you are still able to walk. But the second you get injured or run out of energy, you get booted off and realize that you made zero progress this whole time. There is no long-term positive outcome for renters. You pay the rent until you are no longer able to. Then its game over.
You being priced out by tech swine.
I love how the landlord is trying to normalize renting when she obviously wanted to buy and was forced to rent because of the interest rates.
God this is so stupid. Such a positive propaganda piece too
Idiots don't complain when the landlord screws u
😂. Okay so you mean build for zero equity for the normal person, and for the working class person to pay for the mortgage and all the bills? And get zero % equity growth? 😂. That’s called destroying the middle class, not “build to rent”.