Thinking about that gives me a headache

literally !!

Housemate.

Ughh that's what i pay plus utilities

Not allowed no short term housing or sublets now pretending it will help open apartments 🙄

@@MrGetwellsoon sorry. But are not the republicans the ones againt min. Eages rising and rent control? This is not political by the way.

@@MrGetwellsoon america* in a nutshell, this phenomenon is everywhere

Nobody doubles or triples rent on an existing tenant and expects them to stay. Anyway I just offered a tenant a 1 year rent freeze below market to renew and they took off anyway. It was my best apartment too. I'd like to know where landlords are raking in all this unjust profit and tenants are paying it because I'm barely eating here. And I never have time to do anything but play musical chairs with apartments. I never raise rent on existing tenants and I'm constantly having to clean up after these people and fill vacancies

@@c.rutherford You sound like a pretty good landlord sincerely, but unfortunately many have not had the same experience. I know a lot of small landlords have struggled too, situation has sucked all around

Exactly. Why is the government not stopping all the corporate and Wallstreet investors....?

Doing videos on poor people is bad for the american capitalist image. Like the Australians they would rather show you fantasy pictures of barbeques on the beach then how the average person lives.

very touching..9

Bruh they all make sub 80K. Im not saying it cant. get worse but its pretty bad already.

​@@LightskinKing33i agree. Manhattan market-rate apartments are meant for 160k+ earners. But there are government programs to pay for lower income folks so that Manhattan residents have access to Starbucks, etc.

That’s because you pay most of their rent with your taxes.

What house can you buy with 56k per year?? In NY?

@@jayo3074That’s for the down payment you dimwit

@@jayo3074true! My Asian mother buys me a 3 million usd small house in Bronx! just sa Bungalow house 😭

With what money

NY is the hot girl that has all the looks, glitz and glamor, and only uses you for your money. NY residents are men that brag about having the hot girl(NYC), KNOWS he’s being used but wants the recognition from social media and everyone for having the hot girl

I tell people this all the time...

I agree .

Yes, NYC is now a place for the rich or upper middle class, if you are not in either of those two categories you are going to suffer and struggle

Once you've had NY Chinese food and Jerk chicken......it's never the same elsewhere lol. Plus MoMA and parks and bodegas

Does your family rent your Bronx apartment or do they own it?

Exactly!!

Shhhh i need them to continue thinking all areas of the bronx is absolutely dangerous. Prices are creeping here smh

That's right. We should build a wall around the Bronx and make rich people pay for it. It should be illegal for anyone to move anywhere so we can finally stop gentrification. ...or just vote for city council members who want to increase the supply of housing so more people can live in NYC.

Ms. Valentin... I cannot agree with you more... in the 80's I was a "cable guy"...i was still high in school...I couldn't understand why the Harlem district was under heavy construction... little did i know the poor was moving out..and the "rich" was buying up the Brownstones like hotcakes.

I left, won’t look back, best thing I ever did, bye bye NY

it’s not sad to leave if it not the same

Don’t vote blue then

@@gbake6080 I didn’t now what? Any other suggestions?

@@Dzidzeme if you didn’t then you’re not to blame, thank you for voting smart. But 90% of ppl in NYC do, then they complain rent is so expensive and inflation is so high. They get what they vote for, but they’re too ignorant to change their ways 🙁

For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

You are right! I’ve diversified my $450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

@@TomD226 Please how can i find the advisor you mentioned?

@lowcostfresh2266 Laurel Dell Srouf is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@@TomD226Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

You don’t need to raise kids in NYC though

@@user-xn7uh5ch2z but you are aware that people have children in New York just like any other locale and that they have to raise those children there?

@@duancoviero9759 Umm you can move? There are tons of places in US with lower cost of living. Like living in the most expensive area in the world isn't basic human rights

@@user-xn7uh5ch2z just move? That sounds like troll talk. Nobody is JUST moving anywhere. There's gonna be extreme reactions to this type of predatory behavior. It's coming I'm sure.

How is it troll? It’s sad that rent is increasing. But how are you going to solve it? More people want to live in NY now after pandemic, so demand is high. There are many nice places to live in the US and nobody forces you to live in NYC metro area, again the most expensive area in the US. If you choose to stay there, well I hope you can afford it. I’m tired of people who deny how market works and think they deserve everything they want. Your child is probably better off somewhere else than overcrowded city anyway

trumps fault

@@Teddy-se8qb no….

Just go out of NY. Who need that hole.

This is a big problem when the city just isn't meant to house that many people, the market would self-correct if the government actually allowed it to. But there are artificial limits on housing for things as trivial as 'maintaining the skyline', literally millions upon millions of units that could be built are banned because NYC attempts to maintain their skyline.

@@Teddy-se8qb well biden isn't fixing it either...

Stay out it’s a nightmare to survive here!!

Leaving Dallas to come to this $hit hole is crazy lol

@@Lemniscate1027it was only for work. I had music jobs lined up but even with the pay, I’d be living paycheck to paycheck. Wasn’t worth it despite the glamour job

forreal and some clowns enjoy that

@@runescapeog4202 It's like a cult.

👏🏿👏🏿👏🏿👏🏿

@@RadPitt agreed black women are hawt

not to mention the hate crimes black people commit on Asians and White folks....Not worth it in NYC

Have done all of the above.

I think the hardest part of getting an affordable apartment is being accepted by the landlord even if you can actually afford it. The amount of money you have saved up is more important than your income.

How is living in a shelter worse than living in a car?

@@monkeymeat2024 yes, I was wondering the same thing, unless your car is parked in your own private garage

@@monkeymeat2024 Drug addicts, drunkards, mentally unstable persons, filthy conditions, and abusive staff. All you have to do is search either on UKposts or Google to hear first hand from people who have lived in a shelter.

😂

Funny enough, that's actually not enough; that would only earn you $90k/yr, but you needed ~$140k to have that 40x the monthly rent. So $70/hr would work!

😂😂😂

more than likely double that

Unfortunately: landlords would raise the rents according to the increase. What needs to happen instead is: limiting crazy rent increases in the first place by law/legislation. Landlords will always squeeze out the maximum out of the tenants

Charge for an application ! Capitalism has reached a new low. So they just turn down your app and keep your money?

I recently started looking and this woman charged $35. smh

Rutherford apartments in New Jersey charges a 100 bucks for an apartment application.

Yes I saw that. One building close to me is trying to charge $250 for an application.

RENT CONTROL IN NY - 4500 No rent control in Miami - 1500 a month Rent control means POLITICIANS get KICK BACKS to raise the rents YOU VOTED FOR IT - Now you got it - ENJOY COMMIE

Honestly consider leaving! I've visited New York many times but I would never want to live there due to the cost of living, why live in a shoebox for 3k a month when you could literally live in a mansion for the same money in the Midwest.

@@MattG4033 people from New York don’t necessarily want a large home. I’m from New York and I like living in apartments. People from other parts of the country move to nyc and talk about how awful it is while displacing the people who are from here and want to live here. Make it make sense.

Life in the Midwest is so much better. Although we earn less money, our cost of living more than makes up for it.

I'm also a native New Yorker, but it's true, this is a bunch of trust fund babies crying. What about the families that have been living here for generations that are being priced out of their homes?

​@@MattG4033 If you're not from here we don't care what you think. Go live in the Midwest, this has nothing to do with you.

do you think this is sustainable solution to the housing crisis?

Proud for you man :)

@@tubz Absolutly not. But it will solve your own housing crisis if you have to work in a big city.

I don't think the city can handle millions of people living in stealth vans though?

@@bodycounter9386 Maybe its exactly what the city needs. Less people fightinf for high priced apartments will eventually lower the price.

I hope you can find a way out soon. I know a little bit about feeling stuck.

Same here I would be gone if not for my job... The crime the taxes are a disgrace..But I have noticed its all Democrat runned cities and states

Not by any means

90's NYC is better than today

What challenges are you facing trying to leave ?

Not criminal at all. They signed a lease for a specified length of time at a specified amount. Once the lease ends, the landlord can rent it to whoever they want for whatever price. They’re under no obligation to rent it out to the same person.

The landlords don't expect the tenant to be able to pay this. It's a nice way of saying, "We can get a much better return on our investment now, so please leave."

@@Mu5icPr0ducer easy to say when you live in your mom's basement

@@Mu5icPr0ducer cancer

@@narutofan4545 facts over feelings, those people have no legal right to live there, it is not their property. Move somewhere less popular. Nobody is denying them housing. They just got priced out.

I would just move

@@James-vj5hz correct Captain Obvious

They don’t want to live in The Bronx 🤣🤣

@@maxmx767 Bronx aint gentrified enough for people from outta state

@@levelazn Facts. They crave that gentrification but then go crying about the cost of living 😂🤣

It's who NYC ppl vote in to office

Blame the dummies signing these leases

this is so true. Really. It only happens bc people agree to pay. Landlords are able to make these crazy increases bc they know they will sell the unit to so many eager ppl. And then brokers make 15% doing nothing. The system is terrible.

Agree

THANK YOU!!!

Solid advice!!! Take Heed. I'm in my 40s and I'm still paying for the things I did in my 20s and 30s!

You can't personal finance your way out of greedy rent prices... and nothing in the unit has changed... at all... for 20 years

Factual 197%

Easy for you to say

Unbelievable!

What city is she in.

What state 👀

Lot of New Yorkers in North Carolina now. I know at least 3 native NYC residents who moved within the past five years and it seems like that will continue to be a trend. Really sucks that there are not more dense places to choose from.

TEXAS, FLORIDA, WELCOME

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks.

I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.

@@nyreggie That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my consultant. I found him on a CNBC interview where he was featured and reached out to him afterwards. He has since provide entry and exit points on the securities I focus on. I basically follow his trade pattern and haven’t regretted doing so.

@@izagdlife You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?

Wow I can't believe you guys are discussing about Gary Mason Brooks , I once met him at a conference in California 2019, I can testify that he’s very good in trading..Highly recommended.

What's worth $3500 is going for 6k

The problem is that people keep reproducing like an assembly line even though life has so many hardships and sufferings.

They want to live like the little square box on their phone

@@cortez121219933 🤣💯

Lmao you can buy a 5000 sqft house with basement in many states for $3500 per month

Agreed. I'm a local and I could not relate. I have never paid that much in rent. Location is a key variable here.

@@jennpolanco7812 What sort of rates are you seeing in comparison?

@@PreferablyBiased rent is still around 1500-1800 for a one bedroom in the Bronx.

@@jonnyturbo4 thats insane lol for 1 bed room apt 1500 -1800 usd

@@thecookingshorts you make more money in NYC. pay to play. minimum wage is double in Ny compared to most of the country.

Not me. Her responsibility.

😂

Agreed. We left two years and there’s just no way to do it, unless we want to be poorer and make life more difficult

Where did y’all move to?

And then she displaces a native Londoner who struggles with the increasing rents due to people relocating like that, just the same way she's displaced from NYC.

London really is no different. The past five years has seen a substantial change in renting. She will ‘bid’ to rent a property in the same way she would have to as if she was going to actually buy a property. So even if she can afford it, there is my guarantee that she will secure a property.

@@rastamuff1 what european city is any different really? rent goes up everywhere. Living shouldnt be an object of bussiness.

London housing is cheaper. But things cost more their. It’s basically the same. Way better quality of life.

Hi from London, I'm actually watching this video because we are having bidding wars in London for flats too at the moment and we can't afford to live in our own city. How can we tell her this??

People like the young lady that paid $1000 for a simple application fee are the reason why rentals are so high. She willingly spent her earnings and savings for an apartment that should have never been that expensive but as with every wealthy gentrifier coming to NYC they will learn what many of us Native New Yorkers feard happening since the early 90's.

Just charge applications fee's for decent property at a competitive rate for rent, accept nobody then make bank off the application fee's and keep the property or dwelling vacant. Rinse and Repeat, am i missing something with this clever sick scheme?

The application fee is a way to attract the customers with money that are most willing to spend their money.

The law limits application fees to $20. However I have personally encountered requests for $2000 DEPOSIT with application, which is fuzzier legally (they may not be allowed to collect multiple application deposits at once).

If you're talking about @11:20, she said "deposit". Deposits are not the same as application fees.

You are absolutely right I keep loosing in real trade but win in Demo. Should I give up on Trade? What should I do? How may I do better? What I'm I doing incorrectly?

here is my problem I have been making losses trying to make trade. I thought to trade demo is just like the real..can anyone help me out or at least tell me on what to do.

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

Kate Floretta in stagram

Google "katefxfloretta" anywhere take classes and learn to trade.

It didn't seem like she was quitting her job (probably doesn't need to be in a specific place for it), so what about the fact that she's getting an American salary to live in London ? Wouldn't that make a difference for her ?

@@shanouboubou hey, there are people on good salary’s in the UK but ultimately everyone is struggling with the cost of living crisis, the rents are sky high and it’s hard to get somewhere decent to live privately. With everything I guess there’s pros and cons..a pro being that a few years in the UK is a new experience 😁

i thought that aswell. She can definitely afford to live in nyc with a friend if she can afford to pack all of her things and move abroad to the most expensive city in europe lol

I was thinking this. I live in LA and was shocked when I stayed in London for about a month. Very expensive. 😢 I do love it there though.

I was gonna say that, good luck running from high rents to London of all places. Probably the worst place in Europe for that.

They’re getting rid of the have nots and catering to the haves this country is on its last leg and death bed.

Use their example. 4k apartment means u need to make 160k. 160k in nyc is 9k a month after taxes. 4k a month +utilities internet etc is 4500. That rule is basically just saying you shouldn't be paying more than half your income in living expenses. That seems pretty reasonable. It's actually 3x monthly rent in most of the United States. This isn't a ny thing.

It's a crime.

I literally had to pay for 6 months rent upfront because I am a student and dont have credit score nor heritage in america (parents who could cover for me with american credit scores) to help out. Thank God I could pay that or this student year id be homeless

So what

I own a building just half an hour away from Manhattan, and I rent out 2 bedroom apartments for $1,300/month. Those people should move to a cheaper area or stop complaining!

loll that is not common. most ppl ik like that actually work in nyc and buy a house elsewhere

no

Definitely. I was paying similar prices to live in Boston, MA and found it to be ridiculous. I own a home nearby now for the same price as the apartment rent I was paying living in Boston.

With these rent increases I would say Nope it's not worth it. I bought a house at 32 making 17k in Illinois very close to Chicago

It's not worth it under Democratic rule

They unintentionally fully explained why rents are high. NYC attracts extremely high income young people from all over the world. People should absolutely not expect rent to be affordable in NYC. This video showed exactly why not.

@@777jones at least someone gets it.

Darn.

you want to talk Nativism? what tribe are you part of? let's start there and see how Native you are

YOU GET WHAT YOU KEEP ON VOTING FOR OVER AND OVER AGAIN. P.S. So much for being so strong and independent that you don't need help from a MAN 😂

You are 3000% correct. The tsunami has already begun! 🌊

you guys need to just keep taking the immigrants that your states legislation asked for. welcome to the real world. this is natural.

Your city, you voted for this mess. ENJOY.

losing a lot of talent but retaining a lot of outrageous landlords!

Good

And delusional. Same with Los Angelenos. What's so great about filthy, rat infested, homeless and poverty capitol of the nation? Oh, and no water.

Lol. It has nothing to do with that.

@@teenytinytoons yes it does most these people who are paying these prices obviously can afford to live other places. People love to say they live in NYC on the verge of being homeless.

It’s like a Mental illness, no disrespect intended

@@teenytinytoons actually some it does

Until everybody starts moving there and look at those rent prices go uuuuuuppp.

I wouldn't even begin to know what to do in Kansas or South Dakota though.

lmao your so salty and envious. yeah they make a lot, but they also have to pay 50% more on their rent. and any profit they do get to keep is well earned. u want more money? go get a better job u bum

transplant?

@@nightslasher9384 ppl who weren’t originally from there (NY)

@@Leeloo_Dallas 😨

Okay first off the girl that moved to London was eating oatmeal for dinner and had to put her stuff and storage and left with a one way ticket. That’s not privilege. I’m legit in the same boat. Got an apt in 2020 for $1995 ten blocks from where she is my rent was raised to 3250. I’m currently heading to bed on an empty stomach. I’m on my last straw at this point going to put my stuff in storage and buy a one way ticket as well. Like screw you for judging people you’ve never met you can literally see the pain in her eyes.

i dont come from a well off family but there is a house, i'll probably never sell it and work remote as long as possible. These cities are going to become black holes for rent money for years to come. Unless you get a job offer that is truly incredible, do not relocate

And if you think the "progressives" are going to fix this, think again. It's not the rich that were kicked out of SF, it was the middle class. Despite the "eat the rich" rhetoric, the true enemy of the Left is and always has been the middle class.

Increasing K disparity. I know guys that made millions by just owning assets (stocks and crypto) and just sitting with a thumb up the butt these past 2 years all while 10x outperforming most professionals in good paying occupations. Once you get to a high enough level the game gets easier, and allows you can overcome more setbacks

And the more you make trying to keep up with inflation uncle same takes a bigger cut on the front and back end

I just like to point out that what you are describing is happening in major cities in blue states, I moved to a major city in a red state from NYC no regrets whatsoever.

She needs to stay there! Don't bring her liberal voting habits anywhere else!

@d[llp; d basketball Americans...that's a new one SMH

Thank nimbys for high prices.

@@rhuttrho88 Nimbys aren't what you would call liberal.

Again what does liberal ideas have to with rent it is called suppy and demand

That’s what happened to AZ. We had a bunch of Californians move out here and a huge (for us) tech boom. Lots of jobs bringing people from richer states. Now there’s no where affordable to live in the Phoenix area.

Same thing happening in miami, FL unfortunately

This is what's happening nearly everywhere sadly. Look into what's happening in Boise, IDAHO....it's insane and sad.

*You get what you vote for!! Joe Biden* , don’t come running to a red state and bring your crap policy’s, YOU REAP WHAT YOU SOWE.

@@johnnylego807 why are you assuming I voted for him?

🙌🏾🙌🏾🙌🏾🙌🏾

Very well said. I was born and raised in NY we went upstate NY it was getting to crazy so we went South we are living better and making the same money we did up North.

@@CGKreations Just curious, where did you live Upstate? I'm from Rochester and I know many people from NYC who came up to go to school or visit and stayed because the rent was so much cheaper. You can still find apartments for under $600 up there. Not in the greatest neighborhoods, but you can survive.

🤣

Hey, I know you!

No way Jose

The girl who put $10k down on a $4k/month rental probably hasnt...

Just screw them over and have everyone switch to a long term Airbnb

The problem is that people keep reproducing like an assembly line even though life has so many hardships and sufferings.

The issue here is most people clearly has limited knowledge capital in relation to the actual causal relation here. The whitehouse economic council has more or less already grounded that one of the primary causes behind the current rent crisis, especially as a driver of homelessness, is land use regulation; zoning (CoEA 2019). Zoning deregulation is, alongside land value taxation and social housing provisions some of the most efficient and best approaches to lower housing costs than other means available, at least if we listen to the brooking institute (Schuetz 2020). In the academic literature, it's more or less an already established fact that the primary cause of high rent and housing prices is zoning regulation, rather than any "evil" landlords attempting to exploit as some people presuppose. While rent control is an attractive solution to the problem, the evidence on the consequence of rent control are largely negative. In her article, Rebecca Diamond (2018) higlights the specific long-term implications of rent regulation. One consequence is that rent control in one area, results in another area bearing the burden of the rent control. Hence, rent control will adversely affect other individuals as a result. Another consequence was, to quote: *"DMQ find that rent-controlled buildings were 8 percentage points more likely to convert to a condo than buildings in the control group. Consistent with these findings, they find that rent control led to a 15 percentage point decline in the number of renters living in treated buildings and a 25 percentage point reduction in the number of renters living in rent-controlled units, relative to 1994 levels. This large reduction in rental housing supply was driven by converting existing structures to owner-occupied condominium housing and by replacing existing structures with new construction."* The cause of this was specifically driven by how landlords react to an increased burden upon property management by rent control lowering revenues from this, without effective competitive pressures being involved. Rent control only benefit current tenants, but the issue is, people, as well as housing, is a breathing living thing, people move, people change relations, get new jobs, new people move in etc., Rent control will, if it's strict enough, adversely affect future generations negatively and exist on them as the primary bearer of the burden involved. References: The Council of Economic Advisers (2019). The State of Homelessness in America. Office of the president. trumpwhitehouse.archives.gov/wp-content/uploads/2019/09/The-State-of-Homelessness-in-America.pdf Schuetz, Jenny., (2020). To improve housing affordability, we need better alignment of zoning, taxes, and subsidies. Brookings.www.brookings.edu/policy2020/bigideas/to-improve-housing-affordability-we-need-better-alignment-of-zoning-taxes-and-subsidies/ Diamond, Rebecca., (2018). What does economic evidence tell us about the effects of rent control? Brookings. www.brookings.edu/research/what-does-economic-evidence-tell-us-about-the-effects-of-rent-control/

$2700 for a 1 bedroom isn’t a lot. Coworker spent $2800/month on a 350sq/ft studio in the Bay. I guess rents will never go down.

THIS!!!!

Taking away a certain demographic is not a solution or the root of the problem IMO. You’re just pointing out your bias…😅

It really is

No it is not.

​@thomasvilhar7529 what major city isn't going through this?

It's NYC and San Francisco and hardly anywhere else.

@@rigobryant8050no it’s not. I live in Oklahoma and you can get townhome for 2300 a month for a three bedroom. For a 1 bed you can get 500 to 600 a month. I notice the crazy rents in New York and California which are hella heavy blue states.

That sucks

It's not just NYC. My sister is trying to buy a house in San Diego with a short and reasonable list of requirements. She can't find anything and her budget is $1.1 million.

@@norwegianblue2017 requirements lmao of course she won’t. too demanding lol

@@norwegianblue2017 ouch!

For a 1 bedroom apartment with no appliances and probably a shared bathroom

You can buy a 5 bd house for that

It’s easy to say sometimes you can only work in big cities if you have a specific field It’s expensive to live in said cities so you can never save up to buy a house And you can’t move anywhere else because you can’t work anywhere else So you’re stuck in this cycle

@@Fudge_Fantasy It’s easy to say sometimes you can only work in big cities if you have a specific field It’s expensive to live in said cities so you can never save up to buy a house And you can’t move anywhere else because you can’t work anywhere else So you’re stuck in this cycle

Lol talk about stupidity 😂😂🤣🤣🤣

@@Fudge_Fantasy Why would one person need a 5 bedroom home with nowhere to go or nothing within walking distance

The people I know that moved to NYC are kids with rich parents. I know a few ppl living in NY, exploring the city etc who wait tables while the parents pick up half the rent. Not good for working class New Yorkers to compete with.

As a Native New Yorker, you’re spot on. During the pandemic, all the richies and tourists, etc. packed up and left. We were stuck here with the high prices.

@@p994able but now they're coming back and now the prices are sky rocketing.

@@Charlemagnethemanmost of those kids parents probably own properties there as well…it’s all locked down

Cry me a river. What do you think happens to the market in places like Texas when rich New Yorkers or Californians move in?

London was sold to foreigners and locals keep voting for it. Whole blocks sit empty because they were bought for no purpose other than money laundering. And Londoners call that progress. smh

But in London you can basically STOP paying rent for a long time, basically 6-12 months, and NO legal repercussions whatsoever. I know this for a fact since I have friends renting there (born and raised in London btw) and they stopped paying their rent 6 months ago and landlords can do NOTHING about it.

@@Tam84USA Not sure about your friend. But the law in the UK is very clear, unlike most western European countries (France, Germany, Sweden, Belguim) private renters have very little legal protection when they sign a tenancy agreement. For example, a landlord can legally kick a renter out (for no reason) with a one month written notice.

@@engledelaffety4380 that's rubbish. In England, both renter and landlords are bound by the short term tenancy agreement that they each sign. They each cannot terminate during the term unless they have agreed to insert a break clause or either side fails to honour that contract's terms (such as continued non-payment of rent or landlord failure to maintain). To terminate the agreement or increase the rent, landlords need to give at least 2 month's notice to NOT RENEW (I always informed them DURING previous renewal and reiterated halwway thru), whilst tenants need to give zero notice but are asked to let landlords know so that redecorating and remarketing can happen. Most often landlords are asked to consider a discretionary early release at their huge expense (and I always granted) or a short extension of some weeks that attracts a hefty tenant bill in the form of estate agent charges over which landlords have no control. To focus your mind. Many small landlords previously lived in the property, they want tenants to be as happy in it as they were, it represents their pension and they face real hardship when things go wrong.

@@ratusbagus why are you so angry? Such a bizarre response. Have a good day.

Orlando Fl we Welcome u ‼️❤️since a lot of y’all come here anyways

So glad my employer pays my rent

@@ketsiadutervil8846 Lmao id rather live in the subway then move to Florida , I’m good

@@PLSZNOPHOTOS This is certainly a bizarre rebuttal on some helpful advice. Anyways, if you stay in NYC long enough, the subway may be all you can afford.

@@ketsiadutervil8846 florida is expensive

Grillpilled.

Agreed. Did the same, but not PA.

I hear you

@@TYBG85 ...Inflation was masterfully covered by 'Some More News' and 'Climate-Town'...

Lived in NYC for 12 years and moved to NJ 3 years ago. I really enjoyed living in the city and had so many great memories. However, I realized that I could not save money and would never buy a house while living in NYC. It was hard for me to leave NYC, but I should have moved out earlier. This is obvious...

That’s interesting bc a lot of Americans are running to foreign countries to escape our housing crisis, there seems to be an assumption that other countries aren’t experiencing the same thing

@@MiVidaBellisima I live in Aussie and it’s pretty bad here……

@@MiVidaBellisima In Ecuador, we have a city on the southern region of the country and there are so many US pensioners who moved there due to affordability and now the city is amongst the most expensive in the country. Renting in the center or near the university is way too expensive, making it way harder for students and locals to move in those areas

@@MiVidaBellisima THEY ARE NOT! And if they are I assure that its not LIKE NEW YORK. This person is talking out of their..... Turkey may be going up but its NOT EVEN IN THE SAME SENTENCE AS NEW YORK. I live in Thailand and I pay $518 a month AND THAT EXPENSIVE to most here but I live in a very nice area in Bangkok. A friend of mine who left Cali is living in Chiang Mai in a high rise luxury apartment and is paying $300. But we both learned early that THE INTERNET IS YOUR FRIEND.

Hopefully the inflation goes down in Turkey. That is unbearable. I gues, that is the reason, why your landlord needs to rent out for more money. Greetings from Northgermany.

Facts!

You do know white is a color and there is no such thing as people of color because Asians and many Hispanics are light skin and not dark skin like people of African origin. I still prefer the term colored people.

What is a native NYer? People have moved to NY from all over the world forever. What makes anyone think that being born somewhere somehow entitles you to something more than those who come - especially in a country of immigrants - founded on the displacement of people. So much for being inclusive. People who have lived here generationally could / should have bought apartments and gotten themselves sorted as well as this issue is not new. Large industrial and mega cities always face this issue.

@@mediterraneanworld A native New Yorker is someone that was born and raised in New York City. A lot of cities use the term native like in Washington, D.C. Many D.C. residents including Mayor Muriel Bowser like to say, they're native Washingtonians. Bowser go as far by saying, she is a 5th generation Washingtonian. Mediterranean World, whatever city you were born in makes you a native of that city. There are many U.S. citizens that wasn't born here and this don't make them natives as U.S. citizens that were born in the U.S. I hope this helps.

@@mediterraneanworld Yeah, no. Flew-heres aren’t native NYers.

if u look at average earning per person us is sitting at 69k, and this is the location where most finance professional work/live similar to london in uk. the person in this video is probably work in a special field. I have friend who works in new york who makes 250k + a year, its not place for average joe to make a living unless u plan to spend 2 hours everyday on commuting.

2002 Two bedroom townhouse $620 a month. I miss those days.

Yeah times change and it's crazy how they wanted us to quickly adjust to it without a thought

It is going to collapse at some point... People are just so greedy and short-termist

astoria.. mid 2000s.. we all thought the rent was high back then.

Not that easy for high-paying jobs in good fields. You need to spend some time in SF/NY to get the experience before moving to a smaller city.

@@dry-cleaning6255 Literally.

@@hmacklemore2226 I don't disagree, I understand that is the case for many career fields. But do it...and then get out. Don't get stuck there as a middle ager. It's brutal.

@@dry-cleaning6255 Yep, investment banker, climbing the corporate ladder, etc. Like I said, young and poor and having fun/building experience, or on the path to being rich!

@@dry-cleaning6255 indeed

yes!!! my family is complaining about it now.

Oh man FL has gotten so expensive! It is absolutely ridiculous. The condos I live in were once $1200 a month. It now cost $2800 -$3200 a month to live here. I hate it!

People are tired of dealing with cold weather and snow!

@@crystalclear9747 With the amount of people escaping Democrat run states for Florida, I'm not surprised !!

It such a short sighted move, Florida will get much worse in the coming years.

Move and maybe take your mama

Go south where you can afford to live ❤️

Charlotte NC calling you

I don't understand anyone that lives here. Is it really worth it?

your mayor is letting thousands of aliens arrive, and they will get priority in housing over local people

You just end up like Rio, with illegal slums run by gangs that shoot at the government if they try to destroy their homes.

That’s what I’m saying it’s going to collapse it has too

My first assumption is that more and more people who do those jobs have multiple (part-time) jobs, live in motels, on campgrounds etc.

I’m surprised you caught that lol this is a balloon waiting to pop.

the service workers are absolutely atrocious, they don't deserve more than they are getting. prices for food and all that is already way too much.

I left nyc in 2018 best decision I've ever made

Or less.

@@Leobynight Where are you now?

@@krystalmarie5637 Hawaii

Where did u go?

That's the part you are missing. When low income people move out, high income people move in. It's that simple.

@@guitaro5000 who's scrubbing the toilets and cashiering at retail stores? Or are those people renting out closets in other people's apartments? Is that the solution?

@@sunkintree those people can live in New Jersey.

@@guitaro5000 you think people want to commute an hour to New York just to clean toilets there? You know New Jersey has toilets to clean too, right?

@@guitaro5000 New Jersey is pretty expensive to live in, especially Rutherford

Whoa... how on earth are you paying all of that??

@@snailnoodle rich parents

@@thesuavewolf5605 so original comment needs to change it to “my parents pay” 😂

Crazy!!!!

Thats way too much. 😢

do you understand mecca

@@quantumquestions5849 historically? Yes. Trying to use it a bit more colloquially here though. Not a perfect analogy

Don’t give up! There are a few landlords that are still good, the only thing is you might have like 3 or 4 roommates

yes when the rents go up up up it drives out the artists and intellectuals, first to the outskirts, and then completely out of the area.

So being a freelance dancer isn't paying off. Who would have thought?

My rent went up and now I'm sleeping in my vehicle seems more palpable.

🙋🏽‍♀️ I moved to Bogota’ 🇨🇴. Doorman building with rooftop deck and gym. $300 a month

The only relatable history was the woman in the 40's with no kids. The life style of the other ladies is literally out of reach to the average New Yorker who probably make their coffee and life in the Bronx 1 hour away from the coffee shop where they work.

Rent went up and I went homeless

Yeah sure. I have to move to Monaco right now because times are tough. But only until the Bronx becomes more affordable...