Generation rent: How youth are battling the global housing crisis | The Stream
HTML-код
- Опубликовано: 20 сен 2024
- As housing prices soar globally, more people are rethinking home ownership. Amid the crisis, creative solutions are emerging: friends are pooling resources to buy homes they could never afford alone.
But it's not just about finances - it's also about community.
In this episode, we explore the housing crisis and innovative approaches young people are adopting. We'll hear from those embracing communal living and speak with housing experts who offer insight into global housing trends and potential solutions.
Presenter: Anelise Borges
Guests:
Tara Raghuveer - Tenant Union Federation director
Leilani Farha - Human rights lawyer
Lola Milholland - Group Living and Other Recipes author
Charlotte Shade - Lawyer
More from The Stream on:
Facebook: / ajstream
Twitter: / ajstream
Instagram: / ajstream
Subscribe to our channel bit.ly/AJSubscribe
Follow us on Twitter / ajenglish
Find us on Facebook / aljazeera
Check our website: www.aljazeera....
Check out our Instagram page: / aljazeeraenglish
Download AJE Mobile App: aje.io/AJEMobile
#global #housing #crisis
@AljazeeraEnglish
#aljazeeraenglish
#news #thestream
House is not just a place to live. It is connected to the trillions of debts owned by banks. Bankers rule the world and will never let house prices to fall. So until the bubble bursts there’s no way out.
If you live in a communal with people (often strangers) it creates less privacy, freedom and may create friction. Housing is a HUGE problem in the US.
US approves $20 billion in weapons export to Israel ....just think of what we could do with that money at home in our own country.
We can just print more.
Btw, 55 million immigrants come to the USA from 2021 to 2024; that's why we don't have a home for new people.
@@justinlucas yep, it was a blessing.
@@justinlucas it's ALL the IMMIGRANT'S fault..lol..I guess their BROWNess got "in the way"
I own a townhouse and have 3 roommates... all my neighbors thought I was crazy until some of them started losing their jobs or got reduced work hours....lol... I've been living in peace this whole time 😂😂😂
Never fear, the politicians are well taken care of!
@@richardwiediger7298 that’s sounds like a joke.
My home in Vancouver is 2.98 million and monthly the mortgage is $6500. 10k property tax and around 2k in utilities cost…Canada is also not as affordable as you would think
We all used to live in communal living for longest time in history. Today's living isn't sustainable with family of 4 living in a 5 room house. People used to live in joint families with larger houses or smaller, tiny houses of today next for a single family.
Singles living in 3 ved houses with many cats.
Its corruption
Not everyone wants to be a homeowner because they can't afford it, which has led to an automatic mindset. But in reality, everyone wants a home and a good car-those things are a basic part of life.
The youth needs to push for a Land Value Tax. All hail Henry George
Everyone moving to America. Prices are not coming down. In Charleston it blowing up and houses cost 2x over 3 years.
It's common and our tradition in india to live with parents before and after marriage bcz when you are child the parent have full responsibility of yours and now it's your turn to help and love your parents as they do ❤
How do you know profits are up? Yes the rent is up but so are costs to own a home. The cost of homes have doubled in the last 7 years, interest rates are 2-3% higher, insurance cost are higher. The cost of owning a home is sometimes double the market rent so how is that price gouging when the rent doesn’t cover every expense?
Property taxes rise every year.
Before we left the gold standard the average house cost $25,000 today it cost $425,000 so the value of the dollar going down is correlated with housing prices going up. If the value of a house is $25,000 you can charge a lot less money for rent than if a house cost $425,000.
If rent was affordable to people how would those poor banks and real estate companies survive? 😢😢
Well I suppose there was a time that you could actually "own" land and property. That time has passed. Even if you manage to pay off your mortgage, you still have to pay yearly property taxes and other expenses. You own nothing. If you don't maintain it to code, you can be fined for it and lose it. If your property taxes go sky high, which is out of your control, the state will take it. If the state decides they need to build a road, railway or pretty much anything where your land is, they can and do take it. You're out. Because the greed of the greedy knows no bounds and their sticky fingers want more, more, more. Like a thirsty man drinking salt water to quench it. Their god is money, power, privilege and living luxuriously with the world.
I totally agree with everything said in this stream.
Blame Landlord
Buying a house doesn’t make sense
If you want to raise a family, you need a house, not a condo.
HIS BALL las also lost their housing 😂😂😂😂😂😂😂
Problem is these are kids who dont understand how the economy and life works
Yet they always vote for political parties that perpetuate this situation.
In the US, there are only 2 political parties, both of which have done nothing to solve or even improve the housing crisis.
Btw, 55 million immigrants come to the USA from 2021 to 2024; that's why we don't have a home for new people.
Palestine is best place for home buyers
Afford a house where? In big cities like New York? Not even in Staten Island of New York but in Manhattan of New York?
You need to understand that spatial planning of these cities are not done to accommodate rest of the population of USA.
So either increase the number of cities or change the municipal borders of existing cities.
😂
This is leftist propaganda 😅
@@sandybeach3576 How's that?
@@sandybeach3576 look at the hair it’s awful
Not enough employment for trades workers costs and residential land on the fringe in any city costs or house delivered in customiseable modules costs not income loss for tax havenearners costs....no deal
Brought to you by George soros.
Never fear, the politicians are well taken care of!