Ish acts like doing the wrong thing is justified just because you’ve been done wrong. Screwing landlords out of rent is wrong and so is price gouging when you see an opportunity
Naw this is a situation where he’s in the right. The government literally gave people money to pay their bills not go to Hawaii, not get a bbl. It was to paying living expenses and housing is a part of that
@ it gave Landlords money too. I have a 2 flat and received 7 months of rent from a tenant who couldn’t pay. Counting poor people’s money is what they want to distract you from the rich getting the real free money.
@@Quentincarwellmy mom is a landlord and got the same thing. Sounds like the dude is salty. Also some people got more than what they made. Not everyone.
@@jayware4219 The only landlords I knew that got really screwed were ones that were completely over leveraged. If they have 10 properties financed and zero savings, that’s a disaster waiting to happen regardless
@ you recived money from a tenant, that’s great One out of a billion. I have 10 units that failed to pay even when receiving extra benefits from the government. Just because you got lucky on ONE SINGLE FLAT does not mean that the market is behaving in that way. That’s literally it’s raining where I am so it must be raining on the entire planet mindset
Ish is WILD! The risk you take being a landlord is that even if the rent doesn’t get paid you still have to pay your mortgage if you have one. That’s why most people aren’t landlords
@@mitocorleone4845 the property owner's finances are none of your business. You are pocket watching. Why should anyone front the cost of your living? Expecting someone else to provide you free housing is the most bitch-made thing ever bro.
@@BigChrisENT exactly this is a broke man’s mentality. You take the risk of having to rent raised on you when you’re too lazy or too broke to buy a house.
To answer with “Some people think $2000 is fucked up” is crazy. If that’s the average, it means that most people are charging that. If it goes up to $10,000 and that is not the average, that is fucked up.
Ish failed to realize the the paradox landlords placed them.selves in when they were raising the rent every six months. Landlords were price gouging before covid.
Exactly. And like all owners in business, they take full liability of expense. Whether vacant or not. That’s one of the cons of being a landlord.. if shit don’t pan out, You’re still expected to pay the mortgage.
@@yayabrown429 ehhh they’re not price gouging. You didn’t give a fuck when it was THEM getting raped, why should they give a Fuck about YOU. Every landlord is within their rights just like you are within your rights to go somewhere else and rent, just like you were within your rights keep that money the GOVERNMENT GAVE YOU TO PAY YOUR BILLS. I hope every landlord gets their money, they been getting fucked 5 years straight and with rates still to this day. Run that shit up I hope they charge 20k per room!
@roysaquicela6850 yall are confusing months with weeks. Let's say in California max unemployment is $450/ week regardless of your salary from where you got laid off the extra 600/ week was to help bridge the gap between people's actual pay and unemployment max. If you made 150k a year as a bartender the max for the state is all you get plus the additional $600 which still is less than half 150k a year hence why some people still couldn't afford rent.
@Masala96A to be honest he really isn’t, he purchased a house possibly fixed it up and a person decided to move in because they were happy with the price of rent and the aesthetics of the property, now off the pandemic and some individuals were making more off unemployment then they make normally and opted not to pay rent but wanted to live for free
Don't put hypothetical money in poor people’s pockets!… pocket watchers anonymous!… you can't defend jacking rent from $2,000 to $10,000 because the city is burned down. Hell is waiting for that ass..
I was one of them. I lost my job after just moving into my apt and starting a new job. And because i had just started a new job that was in sales and majority of my money came from commsion, the amount they were willing to give me wasnt even what I would of made in a day if i could go to work. So i ended up having to find a new job and literally worked 16 hr shifts to cover my rent , car note and other expenses. I was so burnt out. People never factor in those situations and it sucks.
@@BELIKEMAINBOI they know about situations like yours, and the fact that this was much more common and more likely of a situation than people who had lost their job and were somehow making more money than when they were working. I live in the Midwest and our unemployment maxes out at 60% of your prior income. Nobody was balling with that extra money.
So what about when the supply is abundant and the landlords have to rent below what their mortgage is just to get a tenant ? Do we step in and offer more ? It goes both ways the market is going to market when landlords had COVID restrictions and tenants were told they don’t have to pay rent for 2 years the landlords still had to figure out their mortgage Joe Biden is an idiot.
He always does this and then proceeds to kick Mel’s back in when she does it lol two things can be true at the same time. Price gauging on the landlords end is wrong and it is also wrong for landlords to not be able to get rent paid
@@brandonannisette6023lmao, first off , 2 different situations. One was 4 years ago where most of what he’s saying about people getting way more money , wasn’t the norm, you’re stupid if you think that. Secondly, how can you justify someone losing their home to a fire and having to pay 2-10x more to have a place to live ? Also 2 things can be true, some landlords got screwed and that’s not right, secondly, people losing their homes and having to pay way more to live isn’t right either
Ish is being dense cos he's a landlord, there's clear and obvious price gouging and hiking prices up 5x or 10x is unreasonable, especially after a disaster. People need to eat for sure but there's 0 justification for that.
I get both sides. Like they compared it to a restaurant. If you own a restaurant whether you are filling seats at the table or the place is empty you have to cover rent/mortgage, utilities, pay employees. But if the government mandates that people have to sit in ur tables and not pay. That then stops you from making money because you can’t get new customers in those seats to help pay those expenses. That’s what people aren’t understanding. He isn’t saying the mortgage is his fault or not, but it isn’t comparable to him not being able to rent a place out.
This was about price gouging. And it ended with, feel bad for the landlord. Either Ish's argument was that since this happened in COVID then its ok to price gouge. Or he completely took this off topic.
@@brandonannisette6023 as a landlord who doesn’t rip people off, ppp loans for landlords were extremely easy to have forgiven. Additionally, there was a year and a half moratorium on foreclosures, so I’m not aware of any landlord that lost their property due to not receiving rent.
Joe is right, if you own property, whether somebody is living there or not, you’re ultimately responsible for the monthly payments. That’s why it’s better to buy properties cash instead of financing it.
Essential workers did not receive extra anything. Our landlord raised our rent 3 times in 2020, so we went and bought a house. He lost almost 4 grand from us alone (until he found replacement renters) bc he was greedy.
I did not get any extra money. I was essential. This notion that people were making more money then their salary is not true. People need to stop price gouging and being greedy! Congratulations on the house sis!
Ish is being a bit dense here. Yes the government was paying people, sure they was getting money but it wasn’t enough to actually live as well as pay rent (especially depending on where you live). Gotta take into account that some people was making more money before covid and was able to do both
@@jay_1212 There were so many different circumstances for ppl around that time. Some ppl took the money because some lost their job or couldn’t work due to childcare issues because children had to be homeschooled. Not every job was considered essential work. Some took the money but weren’t working to begin with so they weren’t getting doubled. I didn’t take the money I paid my rent because I was considered an essential worker but I wasn’t mad at those who didn’t pay their rent/bills. Let’s not forget we all didn’t know what to expect around that time paying rent or bills was the last of ppl worries. We all were going through a global pandemic that we as humans never experienced in our lives. Let's not forget that toilet tissue, any brand of soap, and any essential items were sold the fuck out. Lines and sometimes actual time slots for the young and elderly to even go shopping. Let's not forget.
I agree. His point was very clear. Very clear, yet very stupid. Price gouging during an emergency of essential goods and services (this includes, food, water, gas, housing) is illegal in nearly every state (it is illegal in California).
Who was getting monthly checks from the govt during covid? I remember a check, possibly two. Not any monthly payments and definitely not more than my income was.
Ish I’m so with you on this one!! People complain about corporate landlords but lack any empathy for small landlords who usually provide lower cost housing. If small landlords go out of business, the poor will only have corporate landlords to choose from which only leads to higher pricing.
It's sad how many people don't understand this and will say things like "landlords buy houses they can't afford and expect the cost to be their tenants responsibility" and other equally backwards bs. My parents bought their 2-family home 30 years ago. Hard working people and they still live there to this day. Both essential workers so they got no financial help during covid and just had to figure it out. And there are so many others like them. I think people forget that when they have the landlord conversation smh.
They do realize EVERYONE GOT THAT MONEY. It was people getting stimulus checks and still went to work everyday and not paying their rent cuz the government said they didn’t have to pay. I feel like they are purposefully trying to not understand what ish is saying.
If you depend on rent money to pay your mortgage, that means you were never ready financially to purchase that property. Your realtor did a number on you!
Please provide the link to the full episode in the description of the clips. I think it would help your channel out greatly and it would help me out a ton, especially with clips from past episodes so I don’t have to sift through the video library.
Why did you have 6 houses if you can’t afford them? These “landlords” try to buy shit they can’t afford so they can double up on the rent put their cost on the renter.
@wrizz0j no it doesnt. He should be able to conversate without getting emotional, we're all grown here. He isnt being passionate, hes just catching an attitude
@wrizz0j um, no. Theres no such thing in society as "communicating with an attitude." That's just called being rude. His point wasn't even correct. If it was personal, it waant personal with anyone in that room, so keep that to yourself and stop bringing down the energy of the convo
@@LadyMaeloraBeesbury it’s called assertive communication, some people may even call it aggressive communication, but it has a place in our society to bring different povs home
Money was given to people to live, which includes paying bills and rent. People took that 2400 plus unemployment and got silly with it. Hence the huge car repo situation.
I'm a renter and during the pandemic, my business was shut down because it wasn't considered to be essential. Initially, I thought I'd have no income at all so I called my landlord and told her that I would do everything in my power to pay the rent but there's a chance I may be late here and there depending on how long the shelter in place lasted. And thank goodness, she was understanding and willing to work with me. Thankfully I was able to get money from the govt to cover me and because I didn't want to have a ton of money that I owed once it was all over, I paid rent for my apartment and my business. I think it's wrong to use the moratorium to take advantage of landlords. I don't even own a house but wrong is wrong. I say shame on the people that didn't pay rent during the pandemic when they had the money. And it is extremely messed up to take advantage of landlords. At the end of the day, owning property is a risk but a business. And people who take those risks deserve to be paid.
Ish, you're disproving your own point. Yes, if no one comes to eat at the restaurant, they still have to pay for their restaurant. So why would you think you wouldn't still have to pay your mortgage while receiving no rent??
Yo, it's wild how Joe @JoeBudden don't get that not all landlords are out here playin’ dirty. Yeah, rent hikes during disasters like the LA wildfires? That's straight-up wrong. But that’s a whole separate beef. I can't even with Joe-he’s thinking like a boss, not a landlord, all Ish is saying is that it’s the same principle: trust and handling money right. Market rent should be fair, no one should be gettin' played-landlord or tenant-especially when the world’s in crisis. Both sides gotta do their part to keep things balanced, feel me?
I agree with Joe on this one - I know mad people who bought houses who told you to rent it out Its your house… yes it’s a business idea but you bought that house…
You could feel ish’s inner supervillain stewing in the first few seconds. You could damn near hear that silence and you KNEW he was gonna come back on his scrooge mcduck lmao
Honestly, it’s everyone’s fault as a community in CA. Imagine, paying an HOA to make your area look nice and not clean the brush that is extremely flammable. No fire breaks, no inspections, ZERO fire safety.
@ “Single family homes” are the main candidates for a “home owner’s association” to increase the property values, although every area affected did not have an HOA. I don’t understand how everyone saw it was dryer than usual and didn’t practice any fire prevention measures. Imagine what’s going to happen in the actual “fire season” this summer. SoCal has been on fire for 2 weeks in January, imagine August lol.
@@hotboyola this wasn’t a naturally occurring fire and there was no preventative measure that would have prevented this other than cutting down all trees. Embers were traveling for hundreds of meters and landing on rooftops, solely because it was so windy.
@@Godsbackhand7 you don’t cut them all, you cut low a hanging fruit such as dead/dying trees, removing brush, implementing burn days and an active fire index, FD land surveys, hydrant checks, water consumption limits, fines for poorly maintained land. All of that and more is done 365 in NorCal and they are SURROUNDED in forestry.
@brandonannisette6023 it's apparent he doesn't. You heard how quick he was shutdown, you're not asking yourself why? He was trying to do an anology based on supply and demand but shit himself.
@@brandonannisette6023 that’s terrible analogy. You don’t need Travis Scott shoes to live , that’s a luxury item. You could go to Walmart or Payless and buy shoes. If you get price gouged buying luxury items that’s on you. You NEED a place to live.
@ the money was for them to go shopping you don’t know what ur talking about it was to stimulate the economy people weren’t shopping stocks were plummeting holiday season was coming so they gave the money
The main thing they are missing is the fact that most land lords still have jobs too. So the land lord couldn't work and their business was shut down for too per the government and was not compensated
Something about ish annoys me idk what it is. The arrogance, the caping idk lol. But when Covid happened I didn’t get from the government an equal amount to my salary. Idk where he’s getting that from. I wanted to go back to work so desperately. I had kids and I didn’t get all the checks and benefits everyone got. So he can’t speak for all on this one. Heck I had family members who hadn’t worked and just lived off welfare and got more benefits than me a person who worked and paid taxes etc.
Ish isn't realizing that there's a cap on unemployment for every state regardless of your salary before you were laid off. A bartender, amusement park employee, etc that made 150k a year now is only getting less than half during covid from being laid-off and still cant afford to pay rent. That's why the additional $600 a week was given for only some time to help bridge the gap. Also why the renters recieved relief and owner's could go into forbearance. He's implying everyone who got extra $600 on top of unemployment was making more when that's not true.
He is wrong. He has to pay that mortgage regardless of if he has renters or not. It's his fault if he ventured into business with no nest egg to cover disasters or with some level of insurance
That was a great segment. Both sides have valid points. However Joe’s point at the end made it all make sense. These people having nothing is not the same as paying your mortgage so you lose an additional asset. However the government needs to pay the people who are providing services to those who have nothing.
It’s not illegal to exploit people during a catastrophe and it is not illegal for your insurance company to withdraw from paying Signed a property and casualty insurance adjuster
During the pandemic everyone I knew including myself still had to pay rent, Ish’s argument only pertains to some who didn’t have to pay. Landlords weren’t caring during that era in my area as well
shidddd $1600 where? i worked the entire pandemic and didn’t qualify for a stimmy either so this clearly took a very targeted turn. the conversation started out about price gouging and like always Ish’s melodramatic attitude shifted the focus to something old that he’s still butt hurt about. seeing no issue with a $8k rent increase during a national emergency is corrupt and greedy! God forbid something bad happens near his properties, i wish all his tenants the best.
Ish said the government didn't pay landlords and they did. It was up to the tenant to apply for the landlord to get paid and the check was sent directly to the landlord. So obviously his tenants weren't concerned about him getting paid his back rent
I feel ish. It took some people 4 years to get that money back on the property. I’m still getting installments from Covid from my rental property but I have to still pay my back payments on time. My renters who was in renting my property was shopping and buying stuff all the time while I didn’t get my rent money. I stay had to pay my tax, my month mortgage so I won’t be making back payments on it. So I feel ish
That’s not completely true I didn’t get unemployment or money from the government but the stimulus money one time so how are people like me for instance able to pay rent if I don’t fall in that category. If your rennt is 2500 and they only give you 1200 how can you pay rent
1600 ain't cover shit and you were not renting to folks for less than 2k. His hypothetical situation only makes sense to landlord's renting at low rates. If you make 3K a month and the government gave u 1600 then how is that enough to cover your bills? It's not the landlord's fault but its definitely your problem.
Why did he change the topic. The topic was that rent and hospitality is skyrocketing because there is increased demand for housing. If the disaster didn’t happen, the rent Landlords would charge would be drastically lower. Landlords who are charging double and triple rent are not victims, their houses didn’t burn down, they wouldn’t be able to rent them otherwise. The peoples who’s houses burned down are the victims, both of the fire, and of have to consider newly drastically increase housing.
Ish is right man. lol. They should still pay your rent if the money was to subside your income. That’s what you were doing with it before covid that’s what you should do while in covid. In the UK we didn’t have exemptions from paying rent, some people received extra money from the government only if you earned below a certain amount, the rest were expected to work from home. All still had to pay rent. These times when it hit winter our gas and electricity bills went through the roof, still expected to pay rent. Ish is right.
Ish wild. If you were a owner, the banks work with you. And they have had programs for ownerrs, whether owner occupied or landlords ever since the 2007 housing crash. Owners have way more protection than renters
They had rent relief in a lot of states that paid back rent to landlord also the money wasn’t removed the tenants still owed if they didn’t pay which makes it harder for you to rent with a eviction unpaid, so things was in place to help landlord what the landlord doing out Cali because of a crisis is very wrong an that’s the mindset out there.
They are also forgetting the point that inflation was (still is) drastically increasing. So even if you could afford a house at $1000, if you still worked and made $1000, you likely wouldn’t be able to afford it anymore. Hence the reason for the boost of money to $1600 in the example.
People just always want discounts from businesses or expect business owners to not capitalize on certain market conditions. It doesn’t work like that. Completely agree with Ish. Too much hypocritical assessment of right or wrong based off feelings.
I don't entirely disagree with him.But housing is a different kind of business because it's an absolute necessity for human survival. It's not some corner store or pizza shop.
Ish beef is with the Government. They should have put a fund or bill to payback the landlords under a certain threshold of income. But now that there is a crisis, jacking the price up to get your get back isn’t the right option.
They are as getting 900 a WEEK during Covid not a month. But you can’t tell ppl how to spend money when bills are on hold. Some people should’ve gotten ahead or caught up.
There are no low income people in the palisades. What Mel said was completely false. The taxes and utility service cost there is not affordable with low income. Rich people talking about other rich people. If you’re from LA, then you know.
Ish is right. The rest are playing dumb. That’s like saying customers could come eat at restaurants without paying, but the government was giving them more than enough money to pay to eat. GTFOH
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
Ish acts like doing the wrong thing is justified just because you’ve been done wrong. Screwing landlords out of rent is wrong and so is price gouging when you see an opportunity
Naw this is a situation where he’s in the right. The government literally gave people money to pay their bills not go to Hawaii, not get a bbl. It was to paying living expenses and housing is a part of that
@ it gave Landlords money too. I have a 2 flat and received 7 months of rent from a tenant who couldn’t pay. Counting poor people’s money is what they want to distract you from the rich getting the real free money.
@@Quentincarwellmy mom is a landlord and got the same thing. Sounds like the dude is salty. Also some people got more than what they made. Not everyone.
@@jayware4219 The only landlords I knew that got really screwed were ones that were completely over leveraged. If they have 10 properties financed and zero savings, that’s a disaster waiting to happen regardless
@ you recived money from a tenant, that’s great One out of a billion. I have 10 units that failed to pay even when receiving extra benefits from the government. Just because you got lucky on ONE SINGLE FLAT does not mean that the market is behaving in that way. That’s literally it’s raining where I am so it must be raining on the entire planet mindset
The way Ish argues makes my fucking brain hurt.
Like, HURT 🤕
Mine too and he’s such a jacka#$
💯
Dude doesn't know sh8
I can’t stand when he tries to argue
Ish is WILD! The risk you take being a landlord is that even if the rent doesn’t get paid you still have to pay your mortgage if you have one. That’s why most people aren’t landlords
But legally not having to be paid for 2 years while still providing a service is crazy.
The risk you take as a renter is getting kicked out of you don't pay rent. The fuck?
Then why take a 2nd mortgage if that payment depends on someone paying for shelter???
@@mitocorleone4845 the property owner's finances are none of your business. You are pocket watching. Why should anyone front the cost of your living? Expecting someone else to provide you free housing is the most bitch-made thing ever bro.
@@BigChrisENT exactly this is a broke man’s mentality. You take the risk of having to rent raised on you when you’re too lazy or too broke to buy a house.
To answer with “Some people think $2000 is fucked up” is crazy. If that’s the average, it means that most people are charging that. If it goes up to $10,000 and that is not the average, that is fucked up.
No I’m in Newark NJ and ppl bitch about that rent all day
Yeah! he is working for the devil 👹
5x rent increase is diabolical.
It’s ok, let LA go broke. No one will pay that
Thank God Ish is not my landlord
Ish failed to realize the the paradox landlords placed them.selves in when they were raising the rent every six months. Landlords were price gouging before covid.
That is true 😢
Exactly. And like all owners in business, they take full liability of expense. Whether vacant or not. That’s one of the cons of being a landlord.. if shit don’t pan out, You’re still expected to pay the mortgage.
Have you ever owned a rental property? Have you owned as intrest rates rose, home insurance, utilities etc etc
That's true.
Price gouging vulnerable ppl under circumstances out of everyone’s control is fucked period point blank. Fight with yourself and your moral compass.
💯💯💯💯💯
Factoids
@@yayabrown429 ehhh they’re not price gouging. You didn’t give a fuck when it was THEM getting raped, why should they give a Fuck about YOU. Every landlord is within their rights just like you are within your rights to go somewhere else and rent, just like you were within your rights keep that money the GOVERNMENT GAVE YOU TO PAY YOUR BILLS. I hope every landlord gets their money, they been getting fucked 5 years straight and with rates still to this day. Run that shit up I hope they charge 20k per room!
Well those companies have to pay more to get the stuff u need tho
@ no tf they don’t cut it out
Bruh when was ppl getting paid $1600 a month??? Not to mention 1600 a month is barely covering the rent landlord's set in the first place
If u knew your rent was over 1600 regardless of what the government gave u you choose that spot pay it regardless end of the discussion
You signed a contract, you have to pay
The point is. There was a cap then and always was a cap on unemployment. No one was getting $1600 a month.
we was getting an extra 600 plus what we made I was making $4,000 a month during covid
@roysaquicela6850 yall are confusing months with weeks. Let's say in California max unemployment is $450/ week regardless of your salary from where you got laid off the extra 600/ week was to help bridge the gap between people's actual pay and unemployment max. If you made 150k a year as a bartender the max for the state is all you get plus the additional $600 which still is less than half 150k a year hence why some people still couldn't afford rent.
Not Everyone got Unemployment and some People actually had Problems paying rent when there was no Jobs
Ish is a rich tyrant
@Masala96A to be honest he really isn’t, he purchased a house possibly fixed it up and a person decided to move in because they were happy with the price of rent and the aesthetics of the property, now off the pandemic and some individuals were making more off unemployment then they make normally and opted not to pay rent but wanted to live for free
Don't put hypothetical money in poor people’s pockets!… pocket watchers anonymous!… you can't defend jacking rent from $2,000 to $10,000 because the city is burned down. Hell is waiting for that ass..
I was one of them. I lost my job after just moving into my apt and starting a new job. And because i had just started a new job that was in sales and majority of my money came from commsion, the amount they were willing to give me wasnt even what I would of made in a day if i could go to work. So i ended up having to find a new job and literally worked 16 hr shifts to cover my rent , car note and other expenses. I was so burnt out. People never factor in those situations and it sucks.
@@BELIKEMAINBOI they know about situations like yours, and the fact that this was much more common and more likely of a situation than people who had lost their job and were somehow making more money than when they were working. I live in the Midwest and our unemployment maxes out at 60% of your prior income. Nobody was balling with that extra money.
Ish is potentially giving us a real perspective of a landlord.... and it's sad, fr. I'm surprised this isn't a no-brainer.
No brainier about what? Landlords being allowed to take advantage of people and charge insane prices during a crisis
@@jay_1212think he’s saying the perspective most landlords share is being expressed by Ish and its a sad reality. They lack compassion
So what about when the supply is abundant and the landlords have to rent below what their mortgage is just to get a tenant ? Do we step in and offer more ? It goes both ways the market is going to market when landlords had COVID restrictions and tenants were told they don’t have to pay rent for 2 years the landlords still had to figure out their mortgage Joe Biden is an idiot.
Facts people are acting delusional frfr u gotta pay where u lay regardless
@@jay_1212they was charging that BEFORE covid y'all want every excuse not to pay your bills when the government gave u the money to pay the mfers
Moving the goal post like crazy 😂. Wasn’t the conversation supposed to be about price gouging?
He always does this and then proceeds to kick Mel’s back in when she does it lol two things can be true at the same time. Price gauging on the landlords end is wrong and it is also wrong for landlords to not be able to get rent paid
He didn’t move the goal post people only see their problems and only care when they are getting screwed ISH was 100 percent right
@@brandonannisette6023lmao, first off , 2 different situations. One was 4 years ago where most of what he’s saying about people getting way more money , wasn’t the norm, you’re stupid if you think that. Secondly, how can you justify someone losing their home to a fire and having to pay 2-10x more to have a place to live ? Also 2 things can be true, some landlords got screwed and that’s not right, secondly, people losing their homes and having to pay way more to live isn’t right either
Ish is being dense cos he's a landlord, there's clear and obvious price gouging and hiking prices up 5x or 10x is unreasonable, especially after a disaster. People need to eat for sure but there's 0 justification for that.
When it comes down to these situations, Joe is the most reasonable. A landlord has to understand your mortgage is not your tenants responsibility.
I get both sides. Like they compared it to a restaurant. If you own a restaurant whether you are filling seats at the table or the place is empty you have to cover rent/mortgage, utilities, pay employees. But if the government mandates that people have to sit in ur tables and not pay. That then stops you from making money because you can’t get new customers in those seats to help pay those expenses. That’s what people aren’t understanding. He isn’t saying the mortgage is his fault or not, but it isn’t comparable to him not being able to rent a place out.
@@22zay65well said, people are refusing to understand this
This was about price gouging. And it ended with, feel bad for the landlord. Either Ish's argument was that since this happened in COVID then its ok to price gouge. Or he completely took this off topic.
Ish can’t stay on topic & metaphors be fucking unrelated af.
The government payed out the landlords too. Business owners got ppd & Eidl. Everyone benefited in some way.
They didn’t ppp is a loan that had to be payed back unless it was for mortgage interest or utilities..
@@brandonannisette6023 as a landlord who doesn’t rip people off, ppp loans for landlords were extremely easy to have forgiven. Additionally, there was a year and a half moratorium on foreclosures, so I’m not aware of any landlord that lost their property due to not receiving rent.
Joe is right, if you own property, whether somebody is living there or not, you’re ultimately responsible for the monthly payments. That’s why it’s better to buy properties cash instead of financing it.
Great work! Humility in your achievements is impressive.
Essential workers did not receive extra anything. Our landlord raised our rent 3 times in 2020, so we went and bought a house. He lost almost 4 grand from us alone (until he found replacement renters) bc he was greedy.
I did not get any extra money. I was essential. This notion that people were making more money then their salary is not true. People need to stop price gouging and being greedy! Congratulations on the house sis!
Ish is being a bit dense here. Yes the government was paying people, sure they was getting money but it wasn’t enough to actually live as well as pay rent (especially depending on where you live). Gotta take into account that some people was making more money before covid and was able to do both
He’s ignorant to the situation the money was to buy goods and stimulate the economy from collapsing that’s why they paused the rent
@@jay_1212 There were so many different circumstances for ppl around that time. Some ppl took the money because some lost their job or couldn’t work due to childcare issues because children had to be homeschooled. Not every job was considered essential work. Some took the money but weren’t working to begin with so they weren’t getting doubled. I didn’t take the money I paid my rent because I was considered an essential worker but I wasn’t mad at those who didn’t pay their rent/bills. Let’s not forget we all didn’t know what to expect around that time paying rent or bills was the last of ppl worries. We all were going through a global pandemic that we as humans never experienced in our lives. Let's not forget that toilet tissue, any brand of soap, and any essential items were sold the fuck out. Lines and sometimes actual time slots for the young and elderly to even go shopping. Let's not forget.
This is really awesome! Keep up the great work!
I'm surprised how Ish had to explain his point this much. It was straight cut clear.
I agree. His point was very clear. Very clear, yet very stupid. Price gouging during an emergency of essential goods and services (this includes, food, water, gas, housing) is illegal in nearly every state (it is illegal in California).
Look at ish being a vulture capitalist 🤦🏾♂️
WHO N TF WAS GETTING 1600 MONTH TF THEY TALKING ABOUT THESE MFS GAVE US TWO 1000 CHECKS SPREADED OUT MONTHS APART
People on unemployment were getting the money for their claim and also a extra 600-800 dollars a week.
@ what city and state was this
Unemployment dawg.
@@sagittariustingz4643 I’m from CT but it was nationwide
@@sagittariustingz4643 nationwide
In the words of Marlo Stanfield, “The price of the brick is going up.”
4:32 🤦🏾♂️ sneakers compared to displacement… I dunno man.
Joe - " Say it again"
Ish- "You heard me"
🤣🤣🤣
Who was getting monthly checks from the govt during covid? I remember a check, possibly two. Not any monthly payments and definitely not more than my income was.
UNEMPLYMENT CHECKS WAS 800$ A WEEK . The average person don't make 800$ a week.
Tons of ppl. I was working.
Shit the military we got one during the first check and i think about second one later that year, would of loved $800 on top of what I was getting
It was to stimulate the economy and for people to shop for goods that’s why paying rent was put on hold
People were literally getting 1000 a week with unemployment benefits from federal and state… untaxed btw
Ish I’m so with you on this one!! People complain about corporate landlords but lack any empathy for small landlords who usually provide lower cost housing. If small landlords go out of business, the poor will only have corporate landlords to choose from which only leads to higher pricing.
It's sad how many people don't understand this and will say things like "landlords buy houses they can't afford and expect the cost to be their tenants responsibility" and other equally backwards bs. My parents bought their 2-family home 30 years ago. Hard working people and they still live there to this day. Both essential workers so they got no financial help during covid and just had to figure it out. And there are so many others like them. I think people forget that when they have the landlord conversation smh.
Ice had terrible points in this segment, but him having to wear Ravens gear was funny af lmaoo
They do realize EVERYONE GOT THAT MONEY. It was people getting stimulus checks and still went to work everyday and not paying their rent cuz the government said they didn’t have to pay. I feel like they are purposefully trying to not understand what ish is saying.
He is right they are literally stealing a service. Government should have subsidized landlords when they said you could not put them out.
6:20 - 6:26 How is a Landlord living check to check?!
Because the house they are renting or personally have might not be paid off yet.
So? That cost should already be factored in the amount of rent youre charging. How are you paycheck to paycheck and YOU set the price?? @mikelarryy5
If you depend on rent money to pay your mortgage, that means you were never ready financially to purchase that property. Your realtor did a number on you!
Facts and it shortens the housing supply
Not everyone bought property. Some inherited property
Please provide the link to the full episode in the description of the clips. I think it would help your channel out greatly and it would help me out a ton, especially with clips from past episodes so I don’t have to sift through the video library.
Why did you have 6 houses if you can’t afford them? These “landlords” try to buy shit they can’t afford so they can double up on the rent put their cost on the renter.
Someone can turn around and use your own words against you. Why are you living in this apartment that you can't afford to pay the rent for.
Owning and renting is not the same thing if the renters had the same type of money they probably wouldnt rent so it a false equaling @horemmars
@@horemmarsor paying for a car u can’t afford as well
Ish smoked this joint. 100% right in every aspect. Beautiful break down.
👑 ISH
There must be SOMETHING which is immoral.
Ish takes things too personal
He is a landlord so it makes sense
@wrizz0j no it doesnt. He should be able to conversate without getting emotional, we're all grown here. He isnt being passionate, hes just catching an attitude
@ meh, you can have a attitude too. Might be personal. There’s different ways to communicate. Main thing, is the message right
@wrizz0j um, no. Theres no such thing in society as "communicating with an attitude." That's just called being rude. His point wasn't even correct. If it was personal, it waant personal with anyone in that room, so keep that to yourself and stop bringing down the energy of the convo
@@LadyMaeloraBeesbury it’s called assertive communication, some people may even call it aggressive communication, but it has a place in our society to bring different povs home
Money was given to people to live, which includes paying bills and rent. People took that 2400 plus unemployment and got silly with it. Hence the huge car repo situation.
I'm a renter and during the pandemic, my business was shut down because it wasn't considered to be essential.
Initially, I thought I'd have no income at all so I called my landlord and told her that I would do everything in my power to pay the rent but there's a chance I may be late here and there depending on how long the shelter in place lasted. And thank goodness, she was understanding and willing to work with me.
Thankfully I was able to get money from the govt to cover me and because I didn't want to have a ton of money that I owed once it was all over, I paid rent for my apartment and my business. I think it's wrong to use the moratorium to take advantage of landlords. I don't even own a house but wrong is wrong.
I say shame on the people that didn't pay rent during the pandemic when they had the money. And it is extremely messed up to take advantage of landlords. At the end of the day, owning property is a risk but a business. And people who take those risks deserve to be paid.
Ish, you're disproving your own point. Yes, if no one comes to eat at the restaurant, they still have to pay for their restaurant. So why would you think you wouldn't still have to pay your mortgage while receiving no rent??
Yo, it's wild how Joe @JoeBudden don't get that not all landlords are out here playin’ dirty. Yeah, rent hikes during disasters like the LA wildfires? That's straight-up wrong. But that’s a whole separate beef. I can't even with Joe-he’s thinking like a boss, not a landlord, all Ish is saying is that it’s the same principle: trust and handling money right.
Market rent should be fair, no one should be gettin' played-landlord or tenant-especially when the world’s in crisis. Both sides gotta do their part to keep things balanced, feel me?
I agree with Joe on this one - I know mad people who bought houses who told you to rent it out Its your house… yes it’s a business idea but you bought that house…
You could feel ish’s inner supervillain stewing in the first few seconds. You could damn near hear that silence and you KNEW he was gonna come back on his scrooge mcduck lmao
SUN SAID “I ALMOST LOST 6 HOUSES” 😂
13:41
“and, and Im agreeing with you at that point”
After allll that going back and forth, what a way to end it lol
Honestly, it’s everyone’s fault as a community in CA. Imagine, paying an HOA to make your area look nice and not clean the brush that is extremely flammable. No fire breaks, no inspections, ZERO fire safety.
They dont pay HOA in LA as most of the houses up there are not a private complex they are single family homes.
@ “Single family homes” are the main candidates for a “home owner’s association” to increase the property values, although every area affected did not have an HOA. I don’t understand how everyone saw it was dryer than usual and didn’t practice any fire prevention measures. Imagine what’s going to happen in the actual “fire season” this summer. SoCal has been on fire for 2 weeks in January, imagine August lol.
@@hotboyola this wasn’t a naturally occurring fire and there was no preventative measure that would have prevented this other than cutting down all trees. Embers were traveling for hundreds of meters and landing on rooftops, solely because it was so windy.
@@Godsbackhand7 you don’t cut them all, you cut low a hanging fruit such as dead/dying trees, removing brush, implementing burn days and an active fire index, FD land surveys, hydrant checks, water consumption limits, fines for poorly maintained land. All of that and more is done 365 in NorCal and they are SURROUNDED in forestry.
This guy really compared buy shoes to housing.
Do you understand how analogies work
@brandonannisette6023 it's apparent he doesn't. You heard how quick he was shutdown, you're not asking yourself why? He was trying to do an anology based on supply and demand but shit himself.
@@brandonannisette6023 that’s terrible analogy. You don’t need Travis Scott shoes to live , that’s a luxury item. You could go to Walmart or Payless and buy shoes. If you get price gouged buying luxury items that’s on you. You NEED a place to live.
@@brandonannisette6023apparently you don’t understand how “bad” analogies or false equivalencies do NOT work.
The money wasn’t for the landlord the 600$ was to boost the economy shopping wise
So people went shopping instead of paying their damn bills? Sounds legit.
@ the money was for them to go shopping you don’t know what ur talking about it was to stimulate the economy people weren’t shopping stocks were plummeting holiday season was coming so they gave the money
The main thing they are missing is the fact that most land lords still have jobs too. So the land lord couldn't work and their business was shut down for too per the government and was not compensated
EVERYONE was not gettin $1600 a month. I definitely received less than half of that for only 8 months out of the entire pandemic..
I think the point that would’ve killed all this is yeah the government was giving people money but it was a cap to the amount
Ish about to cry
😂
King wawa 😂
Something about ish annoys me idk what it is. The arrogance, the caping idk lol. But when Covid happened I didn’t get from the government an equal amount to my salary. Idk where he’s getting that from. I wanted to go back to work so desperately. I had kids and I didn’t get all the checks and benefits everyone got. So he can’t speak for all on this one. Heck I had family members who hadn’t worked and just lived off welfare and got more benefits than me a person who worked and paid taxes etc.
5:44 I find this argument utterly obtuse. As per usual from the lightskin dude
He’s quite the real estate mogul too
Ish be shittin on Mark every chance he get lol
As a landlord that when you file for the PPP load to offset the mortgage that wasn’t being paid
That guy is fluent in goalpost moving. He has valid points but he has no idea how to explain them without sounding like a douche bag.
Fluent in goalpost moving is fucking eloquent work my friend.. *politely borrowing.* 👌🏾😌
Ish isn't realizing that there's a cap on unemployment for every state regardless of your salary before you were laid off. A bartender, amusement park employee, etc that made 150k a year now is only getting less than half during covid from being laid-off and still cant afford to pay rent. That's why the additional $600 a week was given for only some time to help bridge the gap. Also why the renters recieved relief and owner's could go into forbearance. He's implying everyone who got extra $600 on top of unemployment was making more when that's not true.
There is no way ISH is wrong in this. Their comprehension skill are 3rd grade level on this take.
He is wrong. He has to pay that mortgage regardless of if he has renters or not. It's his fault if he ventured into business with no nest egg to cover disasters or with some level of insurance
That was a great segment. Both sides have valid points. However Joe’s point at the end made it all make sense. These people having nothing is not the same as paying your mortgage so you lose an additional asset. However the government needs to pay the people who are providing services to those who have nothing.
If you are paying mortgage you do not owns the house. The bank does….
It’s not illegal to exploit people during a catastrophe and it is not illegal for your insurance company to withdraw from paying
Signed a property and casualty insurance adjuster
As a Landlord, I 100 percent agree with Ish.
Yea but keep in mind people are outbidding eachother, willing to pay a year in advance. Thats not gouging.
During the pandemic everyone I knew including myself still had to pay rent, Ish’s argument only pertains to some who didn’t have to pay. Landlords weren’t caring during that era in my area as well
Forcing the landlord to let the tenant live free is equivalent to forcing an employer to pay their employees when theyre not working.
Price gouging is illegal, but happens with every disaster/emergency and NOTHING is ever done about it
shidddd $1600 where? i worked the entire pandemic and didn’t qualify for a stimmy either so this clearly took a very targeted turn. the conversation started out about price gouging and like always Ish’s melodramatic attitude shifted the focus to something old that he’s still butt hurt about. seeing no issue with a $8k rent increase during a national emergency is corrupt and greedy! God forbid something bad happens near his properties, i wish all his tenants the best.
Ish said the government didn't pay landlords and they did. It was up to the tenant to apply for the landlord to get paid and the check was sent directly to the landlord. So obviously his tenants weren't concerned about him getting paid his back rent
I feel ish. It took some people 4 years to get that money back on the property. I’m still getting installments from Covid from my rental property but I have to still pay my back payments on time. My renters who was in renting my property was shopping and buying stuff all the time while I didn’t get my rent money. I stay had to pay my tax, my month mortgage so I won’t be making back payments on it. So I feel ish
That’s not completely true I didn’t get unemployment or money from the government but the stimulus money one time so how are people like me for instance able to pay rent if I don’t fall in that category. If your rennt is 2500 and they only give you 1200 how can you pay rent
Supply & Demand
Totally agree with Ish
A landlord will never talk about all the benefits and loopholes that are provided to them by the government and property owner friendly regulations.
1600 ain't cover shit and you were not renting to folks for less than 2k. His hypothetical situation only makes sense to landlord's renting at low rates. If you make 3K a month and the government gave u 1600 then how is that enough to cover your bills? It's not the landlord's fault but its definitely your problem.
PRICE GOUGING AND PPL NOT PAYING RENT DURING COVID IS WILD
Why did he change the topic. The topic was that rent and hospitality is skyrocketing because there is increased demand for housing. If the disaster didn’t happen, the rent Landlords would charge would be drastically lower.
Landlords who are charging double and triple rent are not victims, their houses didn’t burn down, they wouldn’t be able to rent them otherwise. The peoples who’s houses burned down are the victims, both of the fire, and of have to consider newly drastically increase housing.
People are crazy I use my unemployment for only pay bills , my landlord wasn’t trying to here any of that shit smh
Ish is right man. lol. They should still pay your rent if the money was to subside your income. That’s what you were doing with it before covid that’s what you should do while in covid. In the UK we didn’t have exemptions from paying rent, some people received extra money from the government only if you earned below a certain amount, the rest were expected to work from home. All still had to pay rent. These times when it hit winter our gas and electricity bills went through the roof, still expected to pay rent.
Ish is right.
You can’t compare commodities to housing. Ish is equating shelter to a “service” that’s shitty
Ish wild. If you were a owner, the banks work with you. And they have had programs for ownerrs, whether owner occupied or landlords ever since the 2007 housing crash. Owners have way more protection than renters
They had rent relief in a lot of states that paid back rent to landlord also the money wasn’t removed the tenants still owed if they didn’t pay which makes it harder for you to rent with a eviction unpaid, so things was in place to help landlord what the landlord doing out Cali because of a crisis is very wrong an that’s the mindset out there.
They are also forgetting the point that inflation was (still is) drastically increasing. So even if you could afford a house at $1000, if you still worked and made $1000, you likely wouldn’t be able to afford it anymore. Hence the reason for the boost of money to $1600 in the example.
Malibu got way more workers living there then people think
The workers aren't living there I know a few trust me
Ish is the opps
Fr thooooo
TBH the housing market here has always been crazy
People just always want discounts from businesses or expect business owners to not capitalize on certain market conditions. It doesn’t work like that. Completely agree with Ish. Too much hypocritical assessment of right or wrong based off feelings.
I don't entirely disagree with him.But housing is a different kind of business because it's an absolute necessity for human survival. It's not some corner store or pizza shop.
Ish beef is with the Government. They should have put a fund or bill to payback the landlords under a certain threshold of income. But now that there is a crisis, jacking the price up to get your get back isn’t the right option.
If you charge $2000 are ready for rent, why even raise the price anyway during a disaster?
I agree as 100% as a landlord myself.
Joe shades 🔥🔥
Ish got a hell-of’a point💯
It’s almost funny how these types of people can’t speak without sounding like evil villains. And they can’t even see it.
They are as getting 900 a WEEK during Covid not a month. But you can’t tell ppl how to spend money when bills are on hold. Some people should’ve gotten ahead or caught up.
This convo went left
There are no low income people in the palisades. What Mel said was completely false. The taxes and utility service cost there is not affordable with low income. Rich people talking about other rich people. If you’re from LA, then you know.
Excatly none of those people are poor they just want to live as close as possible to the same area and landlords know that.
this show loves the word “unconscionable”
I think corporate landlords, landlords who are multi millionaires is what ppl think of . Not the average landlord with 10 or less properties
Ish is right. The rest are playing dumb. That’s like saying customers could come eat at restaurants without paying, but the government was giving them more than enough money to pay to eat. GTFOH
Real estate is predatory PERIOD. its not value, its not labor, its not work. Its power using power to make more power which makes more power
People getting more money from stimulus than their jobs is an indictment on our nation’s wages. And shouldn’t be used against the proletariat