I do the same. I’d rather have long term no problem tenants than churning my life to keep up with the market.

Do you have anything in Homestead

@@losjojo I don’t. And all my units are full. A lot of times mom and pop landlords just put signs out front so driving around sometimes is helpful.

You are smart. I've been waiting to buy rental property but with this crazy housing market. I'm just gonna wait until market reset.

@@cancel.lgbtq.6892 it’s not going to reset. For the following reasons. Crash of 2008 saw developers pull back their projects. We’re nationally half a million short per year on housing starts over the past ten years. Second, we have the largest population of 25-30 year olds since the 1980’s looking for their first residence and we’ve had the lowest interest rates in our history. The lending practices since the crash have been the most responsible in decades. No more liar loans. (aka NINA loans). Add to the fact many boomers are delaying selling their homes because they either can’t find anything or they have just decided to hold off due to the pandemic. My advice is to get into something. Prices aren’t going to drop. They will go sideways for a while which is typical but not for several years.

Well done and best wishes from a fellow veteran in Alabama disable vet

May God bless us all. I will be 50 yrs. old next month and my mind is blown by what is going on in this country. I have to create happiness in my mind because if I think too much about what is really going on I would lose my mind.

👏

Nobody forces a person to go to a restaurant is it going to complain stay home

Exactly right. When property values go down the "news" runs stories about how renters are doing well and homeowners are crazy to own. They don't care about reality, only what misery they can cash in on.

@@MrWaterbugdesign well that is very true

It's not a place of your own..the house market is set to plummet. Even if you homestead you're screwed. You are still suseptible to renegade city policy and taxes and soaring utilities

@@ronnysimon30 lol that’s still 2000x better than being screwed in the a$$ uncontrollably by a greedy landlord

@@smartanajones4u you could also file an LLC and rent the house from the LLC at a lower rate.

It's already happening, including cities like Pensacola. The city is trying to clean up encampments, but it's not going to do much. They'll just camp somewhere else.

Already here.

under the control of a Republican leadership....wonder if that will help them decide on rent control...if Disney pulls a fast one and leaves....there will be lots of space

somehow I doubt it...so many people vote against their own interest

Biden Harris 2024

That's what it is, corporate America.

Blackstone has been spending $100 million a week on residential homes throughout the US for the last few years. You can't compete with their bids.

@@jasonengland2357 Must be part of Biden's "build back better" plan, or an extension of Trump's "make America great" again. Either way, the Wallstreet Elites win.

@@Gary65437 yup, the banks learned after the crash in 09 and had all these foreclosed properties sitting around, that instead of mortgage backed securities, rent backed securities were created and actually a better deal for them, you not only got forever monthly income on the property, they’ll always own it, continually goes up in value with being able to write off depreciation on their taxes. It’s a much better security than mortgage backed so properties continue to get gobbled up and put into this rent machine.

Its only gonna get worse.

It’s happening everywhere, lord have mercy.

But why was he renting at 80?

@@danmcclaren5436 Because it was affordable and the freedom of responsibility of being a landlord, now the last two years had caught a lot of people off guard and it is too late to catchup. With prices going artificially thought the roof watch the local counties getting greedy and raising taxes that will lots of people, specially seniors out in the parking lot.

@@mrbob9556 exactly. Which is why you shouldn’t be renting at 80

He had his chance to buy

Omg....at 80 it's probably best he rentsbdue to upkeep and health. Wow give him a break. Hope he can buy a van or something. My 87 year old mom would be on the streets if I didn't help. She had a 10 acre plot with 2500 sqvft home paid in full. Taxes caused her to lose it. Wake up people you could be next!

Amen !!! I just sold my house and getting ready to leave 'Paradise'. Getting a bigger house for half of what mine sold for. And best of all at 1/4th the Property Tax and insurance! I'll miss the daily shootings, robberies and carjackings . . .

Agree. Would love to escape. Came here in 1978. It’s not improving. One cannot put 10 lbs of poo in a five pound bucket.

Thanks for telling the "other side" of the Paradise story.

I owned a duplex in a fairly large city. I had at that time a reasonable mortgage payment and tax rate. But, once the prices of real estate increased for what the city told me was “what a willing buyer would lay a willing seller” my taxes went up so high they were double my mortgage payments every month. So, I had to sell it and move to and entirely different city in my state to afford my new mortgage and lower taxes! Heartbreaking 💔 but true!

Hopefully more people feel this way. Too many people moving to Florida right now.

But who actually care?

Return to the Wild Wild West. Homelessness and crime goes up and people get desperate. Im a single mom and trying to keep my head above water.

@MiamiBeach xxx As a native NYC resident, I agree with this. The Democrats’ insane policies affect everyone not just those who live in the blue states. My relatives just moved to FL because of a job change and they are getting priced out of where they need to be in FL.

Nah, not so much for Police. Most of them find places that offer reduced rates for law enforcement personnel.

And what's happened in every other popular place in the world as popularity and prices climbed? Beverly Hills has police and EMS. Paris, Rome, Miami, etc... Actually what happens is as property values rise so does revenue to the city so salaries can be increased, more and better services provided. Of course soon the "news" will start running stories about a few people who can afford higher taxes. What's the goal here of cities? Are we wishing our cities had a lot of crime so people wouldn't want to live here? Are we hoping for monthly hurricanes to reduce popularity? There are lots of cities in the US almost no one wants to live in and you can buy a home for half the cost of a new car. Just because this "news" program put together this sad, sad story for viewers and ad money doesn't mean you have to buy it. Being popular is a good thing. The average yearly income in NYC is twice the national average. But yeah, it doesn't mean it's the perfect place to live for absolutely everyone.

YEP! Workers in all industries are moving out of florida during this labor shortage.

@@MrWaterbugdesign All the places you named are Democrat/socialist run. It doesn't work that way in republican run places because that increased revenue goes into their pockets or their friends pockets. Why do you think Florida can't find state workers?

@@littleredhen3354 Miami has a Republican Mayor - idk where u got this idea that Democrats are socialists...lol Bernie Sanders is an Independent who cacuas with Dems, but all Dems doesn't agree with his policies....stop listening to FOX NEWS.

Our country is in decay for those that can't pay.

well said

I give Florida a year and it will be a ghetto. No workers = no businesses/no services.

Greedy real estate agents? Agents don’t set the market prices nor do developers. It’s supply and demand. Economics 101. Geez.

@@Dbb27 they are the most greedy of greedy. They will do anything to flip a slum for ,profit including using code enforcement to harass homeowners to cause them financial problems they are scum. Emminent domain is another trick.

bye

Actually the rich people are happy. These are regular working people not rich. The rich is the hedge funds buying up everything

@@ronjon8322 I guess the beginning of rich is relative.

Amen. All these appreciating home prices come with a nasty surprise and it makes me sick. Investors (not families) are driving up the prices.

and private industry...and the gov in Florida is Republican....don't see them voting for rent control no time soon

👏

That is so well said.

FL is the capital of fraud.

@@user-vi2dk1qz5f Perhaps Shakespeare was correct in his line about attorneys in Henry IV, Part 2, Act IV, Scene 2.

Heckin' trash compactor.

@@kensmechanicalaffair Want to come up to NY and shovel snow, have your car rust out to dust?

@@alb12345672 Just ride a snowmobile.

Charles gomez...eventually imminent domain to take people's home!

Greed

Who are you talking about? You want renters to stop bidding up rents? You want people with the income to live the most popular places to stay away? Or are you talking about the landlords? They should not allow renters to offer higher rents? OK, so how many renters would apply to a place that a landlord offered for way below market? 20? 50? 100? How exactly is the landlord suppose to decide who gets the unit? Person with no kids? By race? Gender? Haircut? Car they drive? This is easy to solve if all the commenters here saying how sad this is sent $100/mo to one of these renters being priced out. But I'm guessing that's not going to happen. Too bad self-righteousness isn't a solution. Just feels good.

@@MrWaterbugdesign everyone used to be able to afford a place to live that's in their price range or budget, but if all the owners are going up on the rent, many people won't be able to afford it . Now, i know you're thinking, if you don't like it & can't afford it, then go somewhere you can afford, but go where when majority, if not all, the owners are raising the rent ? I know they can do what they want too, but that's sad because people need a home to live in . It's not the owners fault, it's the government's fault because they & who ever else are the ones who's doing it .

@@veniagivenchy1532 There is a city near me where one company owns 70% of the rental market, commercial and residential. Everyone wants to live in that community. Because of the demand, each time they renew your lease they have an increase of at least 10%. I heard it was 30% this year. Some years they just toss you out because they want to rebuild the units. I wish I had a business the could do that good.

@@stevehansen932 that is horrible . I know it's a business, but they don't have to treat people like they're nothing . If you're gonna own homes you should wanna help people too . But unfortunately not everyone cares . If i'm ever blessed to own houses, townhouses, apartments, condos, etc. I'd be one of the greatest owners ever because i care .

There are many inexpensive places in FL to live. I just searched on Zillow, many homes for sale under $50k. What these "new" stories do is only look at a tiny fraction of real estate, the most popular areas. Yeah, guess what, beachfront homes are going up in value. This is news?

@@MrWaterbugdesign hell even Bartow and Polk county wilderness are over $300K The northerners are getting smart

@@boni_traxton9436 The Panhandle is getting more expensive as well, pricing out a lot of working class people.

You can look into NC and SC

We are short 500k builds a year since 2010 when building shut down. There is the largest demographic of 25-30 yo since 1980’s. Lowest interest rates in our history. This is nationwide and in every State.

He's digging in his but.

Nothing. But he’s very busy ranting so maybe he will get around to it.

artificial equity....when the housing bubble comes back down to earth .....many will still be ahead in the equity game but prices will be more in line with actual value...and if you sell at an inflated price and plan to stay in the same area many will be on the other end of those inflated prices to buy

Damn, here I am paying 750 for a house sitting on a .25 acre. Just move to a state out west

Why wouldn’t you just move? Inland? No cheaper there?

Headline: Increase in rents is happening all over the state not just in beach front and something needs to be done to stop it.

Rather be poor than get man goo in my eye.

@@winning3329 headline: “Free spirited people that never planned ahead when they were younger are complaining that their landlord raised their rents to their highly desirable house in a high demand city”

Lol

Insurance and property taxes are not the issue. The issue is that there are too many long term rentals being converted into vacation rentals. Then you have the county/state that paid for 12-15 months of peoples rent. Then you have corporate construction companies importing foreign H1B workers (instead of hiring local workers) that need housing… the construction company snatched up 15 apartments at a time, paying top dollar. Now there are less apt available that were rented at $xxxx/mo so now market rent increases across the board for everyone. Gotta live the AI “Price Optimizer” that all apt complexes are linked to, it automatically raises rates when units are rented. Let’s see what else? I could go on for days….

Lies!!! Insurance and taxes don't justify the rent increases.

Exactly

@@jiefuzhang5589 You are retarded. Rents have been skyrocketing long before covid or moratoriums. You are a boot licker.

Actually those that were in default on rent from the eviction moratorium have long since paid up or been evicted about a year and six months ago. This is due to price adjustment from insurance, maintenance and new construction cost as well as a increase in insurance fraud. Inflation adjustments are going to get worse too. City and county officials are already bringing in outside NGOs to protest for a life long rent freeze and to shut down new construction. In 2019 we had trouble moving Venezuelans out of storage units into actual apartments. NGOs are also having trouble raising funds to house illegal immigrants due to inflation but blame Florida’s wealthy which are mostly far weather owners working and conducting business in other states meaning their not buying much in the local economy besides property taxes which outside NGOs are demanding a increase that will effect the lowest income brackets only.

Lol rent was crazy before that even happened

This are not individual landlords, these are million dollar corporations.

Sad to see that.

What abuse? Are you saying landlords are forcing people to live in popular areas? That people with the means shouldn't have the right to live in these popular areas? Silly. You just want to save whoever appears on TV with a sad story. You know nothing about these people.

Lol millions of other people don’t think so.

Gary65437 Yeah, why don't they move to New York, Los Angeles, or Las Vegas? That's right...filth, high crime, homelessness, and record high living expenses.

@@santiadesjardins9105 Nobody ever went broke underestimating the intelligence of the masses.

@@schoomzer I'll admit that Florida is much closer to paradise than say Buffalo NY or Detroit. But they do have less bugs and humidity...😀

@@Gary65437 Unless you don't count the politicians in the bug sensus. lol

🎯

I cant wait till the ocean rises and all those expensive houses are underwater. But if you look at it that why all the big land grabbers are buying central Florida up. Hedging there bets.

👏

I don’t live in FL but am now selling a condo and will never again buy a condo or anything with HOA fees.

@@Mitzi73 Best of Luck to you... My Daughter moved to WPB, and even I can't believe that the Mortgage is almost always the cheapest part of the Monthly nut. B/t the Mortgage, HOA, Prop Taxes, and Homeowners Insurance...its as bad as NYC.

@@skeeterbodeen8326 Thank you. That’s where I live NYC. I am rethinking life now. My daughter and I are living with my parents and sister in a two family home. We consolidated households because one strong house is better than two weak ones. I pray as a country we survive this crisis.

Close the door behind me!

Because sect 8 is closed and subsidized housing complexes have multi-year waitlists.

Sure. Who pays the difference? Force it on the landlords? Watch rental units go away. And watch bus loads of anyone on a fixed income coming to town for their reduced rent in a great area. I'm on fixed income, I'd certainly be happy to move to such a nice area. And of course you'd be telling people not on a fixed income who could pay "sorry, you can't live here because there aren't any spaces for you". Maybe fairy dust?

Without the "rich people", the "working people" will not have any jobs. That's capitalism for ya.

@@wturner777 it is what it is

Seriously!!! Where are these millions of migrants living? Oh that’s right, the state and counties are paying at or above market rates… decreasing availabilities further while contributing to escalating prices.

Where are all the millions of illegals crossing the border going to?. Where are they staying?. Government subsidized houses?. Who has the answer and why nobody cares to talk about it?.

It’s not the foreigners it’s the corporate investors who are buying entire neighborhoods. Look it up. People like BlackRock.

When do you plan on leaving?

Every condo on the beach should be made 15% black. Rich liberals in their safe world.

Solve what? the rich will just move their money and businesses to some tax heaven countries and the average people will be left unemployed because there's nothing to do. AOC just said the things people like you want to hear and she gets the votes. Remember, the Rich can live in any cities/countries/States, but the average people cannot move because they cannot afford to.

@@thanhleusacuocsongmy8168 They won't move trust me. Remember uber threatened to leave California and it didn't. They ain't messing with their profits even if they get taxed.

You slow.

Yes sir tax Michael Jordan more, the price of shoes will go up.

New Yorkers New Jersey Chicagoans

Investors. And they are buying entire neighborhoods. The wor ld economic forum is doing this on purpose as part of Resetting of society.

Yep, in Detroit they will give you a house just to move there. City blocks with empty houses.

It’s a trailer park

@@mrwilliamwonder Come up the frozen hell of upstate NY. Have your car rust out every piece of metal, shovel snow, etc.

@@alb12345672 in mn