Skyrocketing home prices force many to drastically alter their life plans

They keep building low quality expensive houses in my area and prices keep going up.

Biden, Harris, and Democrats contributing to the Inflation by printing loads of moneys in the past 4 years. Ridiculous Democrats love that money printer.

Its not just corporate landlords, its also the fact that we conditioned everyone into the "American Dream" and into buy JUST single family homes. Zoning reforms in many cities are NEEDED, with ordinances holding CO-OP Boards and HOAs accountable, and more investment in walkable and transit oriented neighborhoods must be a priority. FINALLY... we need to atone and address the inpacts Restrictive Zoning had on minority communities. You don't NEED a single family home with a abnormally large driveway to achieve homeownership.

Maybe people should have more reasonable expectations. You don't need a 5-bedroom house with a pool if you're only making $50K a year. Stop trying to keep up with the Black and White Joneses. Pathetic.

Every company wants to charge customers more but pay workers less. Common sense tells you you're eventually going to run into a problem.

Unaffordable housing is simply un-American and not reflective of an egalitarian society. The supply/building of new affordable homes needs to increase dramatically and corporate buy ups of blocks of property need to be limited to a small percentage of the regional housing total. Greed is not good folks.

And it gets worse overpopulation from across you know where doesn't help.

200k. That’s almost upper middle class. Y’all got deeper problems.

We need to stop companies from buying up houses for short term leases.

The government and the fed need to stop buying MBS and guaranteeing mortgages. Home prices will drop real quick.

I'll say it again, the election and/or presidents will not change the fact that homes are expensive. Housing is a free market and people are willing to pay higher if they need to. 3.5% down on a $600K home is $22,000. At 5.5% rate, the payment is $4,400/month with taxes and insurance. If you are making $200K per year, you should be able to afford that. Unless you just spend money like crazy and don't have anything to show for it.

You're working to be broke in this country, Duh!!

AND YALL CAN THANK TRUMP AND HIS ULTRA RICH CORPORATE BUDDIES WHO ONLY WANT TO MAKE THEMSELVES RICHER MIDDLE CLASS NEEDS TO WAKE TF UP

Both of them probably have a lot of debt, specifically students debts. Otherwise $200k a year should afford them a starter home in or near Reno.

Do you want to buy a house now, or later? Interest rates determine the price of the building, people want them to. If you sell a house at this time and rent a house for two years, you just want all the money. But do it, you should.

Made all the right decisions? If you weren't out protesting to change housing as a depreciable good versus appreciating asset, then you weren't making the right decision. But I didn't do this either

200k a year and you can't buy a home, you need to better budgeting your money. Most single people earn 30k a year, your 100k a year is like winning a lottery.

25k down payment is no help and not all will be qualified with the interest and total cost of the house is sky rocket high,,.

A lot of the cost of a home is the land. A proven way to improve affordability is to build vertically. We need a lot more low rise and mid rise residentials. Instead of everyone having a tiny yard we can have common spaces like dog parks and community gardens. Increasing density make everything more affordable. One fiber serves many units. Same with utilities and mass transit.

Trump "let's use federal land for housing" Oh I'm sure the construction companies would love that..

Excellent, this is what the administration planned to occur. Own nothing and be happy my friends. Keep your votes coming, the current administration appreciates your support!

Kamala Harris’ failure 😂

This housing crisis was a long time coming, only accelerated by the pandemic. The inaction of politicians, especially state and local politicians have been pedestrian.
This is a global crisis and it’s sad that citizens in one of the wealthiest countries in the world cannot afford a home.
My city of Long Beach focused so much on affordable housing but most of what they provided were more rental units. Not purchasable.

I wonder how many of us Californians have bought and stored old RVs with the realization that we will eventually be forced to live in them due to the incompetence and downright lack of empathy from our well-fed, well-paid government officials? How many more tents on the sidewalk and RVs on our neighborhood streets will it take before our leaders learn that the only solution to the homeless crisis is to build more affordable housing? Instead of helping our friends and neighbors, we give our tax dollars to Washington D.C. where they subsidize billionaires flying into space. And war. And free weapons to Ukriane.

Why is she completely sold on Reno? Would it be worth her while to live somewhere else that's more affordable? What are the pros and cons of her going somewhere other than Reno?

There was once a time when our great great grandfathers hitched the wagon and hit the road in search of greener pastures and an easier life. I too took this road just over 2 years ago and haven't looked back. Being tied down to a certain metropolis or region that isn't working for your family is wild. Never in a million years will I go back to the west coast. Vacation and visit family? Sure. But you won't catch me being a debt slave ever again.

lol, vote blue

Trump is a con artist. He gave tax breaks to the corporations that are raising home prices.

Her dad loved Led Zeppelin for sure! $200k and can’t afford a house in NV? That seems off though!

I don't buy it. Right next to Reno is a town called Sparks. There are excellent homes there for less than $300,000. With $200,000 annual income they cannot afford that? Do they have a gambling or a drug problem?

Neither candidate will fix the issues we're facing today. Not even in the slightest.

No one wants to stop blackrock from buying up homes

well when trump was president even I could afford a house but for those of u who voted for biden this is karma people. karma karma

Biden and Obama's fault

Second and rental homes need to be taxed more than a primary residence.

Stop Wall Street from buying homes!
Stop Indian CEOS (Microsoft, Google, IBM) sending jobs to India.
That would solve AT LEAST half the problems.

For people commenting on why the couple making $200K combined can't afford a home- they mean the couple can't afford to buy a home in the neighborhood where the woman grew up. The vid quickly shows a clip of home prices in her neighborhood going for around $1.5 million. These homes were likely under $200K or even under $150K when she was a child.

It’s the American Scam! We never get ahead that’s the plan, they will take take take until you die welcome to the American Lie

You should be able to buy a home if you make $200k/year. Something is wrong with their financial situation / the way they’re looking

The End Hedge Fund Control of American Homes Act of 2023, unfortunately, went nowhere. I have been renting a 3bd/2bh house in Winston-Salem for over a year. Approx. 5 houses out of 12 on my normal residential street are owned by Firskey (Cerebrus Capital Mgmt PE firm) and American Homes. I pay Firstkey near 25K a year to live here, They bought the place for 230K in 2021. They won't sell it to me and even if they did, prices are North of 325K now. Really depressing but I agree who is in the WH is not going to help this.

The walking Dead

Spending more than one makes is a phenomenon that only moving to Africa can fix

200k a yr.. no excuse not to be able to buy a house. The problem is she’s probably looking for a mansion trying to live like a millionaire..

So one wants to spend money the government doesn't have and the other one wants to bring many options to make it affordable. Trump all the way.

lol thought this story was from 6 years ago

They can't afford a $600K home on a $200K annual income? Why the heck not??

$200K/year? Thats a You problem

The value of the dollar is plummeting.
Maybe the government should do something to increase its value?
Stop printing trillions and sending it overseas!
Does anybody ever consider government is the cause of a worthless dollar? 🤷🏻‍♂️

Too much government interference in the market place causes these problems. People can afford homes, they just can’t afford the homes they want.

If reason played a key role, the vote would be 90% Trump