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439,340 Views • Apr 4, 2024 • Click to toggle off description
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Views : 439,340
Genre: Entertainment
Date of upload: Apr 4, 2024 ^^
Rating : 4.691 (1,029/12,278 LTDR)
92.27% of the users lieked the video!!
7.73% of the users dislieked the video!!
User score: 88.41- Overwhelmingly Positive
RYD date created : 2024-07-01T13:32:03.64476Z
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YouTube Comments - 0 Comments
Top Comments of this video!! :3
They don't charge more because of upgrades, they're not upgrading anything. They charge more because they can.
843 |
Isn't the problem the fact that housing is seen as an investment instead of you know...Just housing?
617 |
Normal housing is a luxury at this point. I can tell you why your salary doesn't increase with rent costs in one word: Greed.
279 |
That should be illegal
1.7K |
Corporations have no business being in Residential Districts.
1.4K |
housing shouldn’t be allowed to be corporatized
324 |
Everything is ‘Luxury’ in our low quality world
93 |
Or…… land lords don’t do jack and still raise the price every year because f you, that’s why.
287 |
Corporations ruin everything.
21 |
Landlords want more because they are in control of the price. Businesses don’t increase pay for the same reason. They set the price.
125 |
Here's one of the dictionary definitions of the word "Luxury":
"Something that is not essential but provides pleasure and comfort"
Housing IS essential!
Affordable housing should be one of the government's responsibilities, or at least legislating against corporations turning it into a for-profit industry!
71 |
Should be illegal this is insane. so many land lords barely if at all do any maintenance or upgrades which also should lower rent
30 |
Seeing that in a graph form totally crushed me.. What a terrible world to live in.
97 |
The lower end housing is real af. I live in nyc and as a single college student im fine with a literal hole in the wall but they dont exist anymore. All the new buildings in my area are either fancy or for business
52 |
Let me translate; because people are greedy, and they have no shame.
33 |
And who in the government will stop the monopoly on real estate? Not with these votes...
158 |
rent has become INSANE! Places where I would never have lived because of their poor reviews, now want people to pay $1300/1 bedroom. Frankly, states need to make a law about corporations owning homes. I HATE Blackrock because of this
6 |
In Economics terms, Housing an Inelastic Good. Demand doesn't change with cost because it is tied to human survival. Like food, water, healthcare, etc. There is no price we won't pay to live. They would jack the prices more if they can, but they need to manufacture consent, otherwise the people tend to rise up.
This is why companies in these sectors will look for any excuse and beat that drum, even if it doesn't make sense as long as it gives an good enough excuse for the majority to give consent. Like when minimum wage increases are voted in and restaurants will raise prices immediately, even if it doesn't go into effect for years. It just has to sound convincing to most of us and, let's be frank... most of us are rubes.
6 |
Also missing the fact that income has stayed relatively stagnant. People can’t afford anything including rent.
22 |
@reem3266
2 months ago
Hot take: if majority of housing is luxury, that’s not luxury anymore. That’s average housing.
2.5K |