Comments by "Min.a" (@msbebelle07) on "Housing Market: 10 WARNING SIGNS of a Housing Crash YOU SHOULD WATCH FOR!" video.
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What is lacking is affordable rentals for low income people, those big buildings are not appartements but Condo, low income people can’t afford a condo mortgage and fees…but entrepreneurs want to make condo because they get their money now and not little by little over the years…I understand that if you invest big money to build a building you want your investment back plus profits, we need gouvernement or municipalities to build low cost appartement that rent those appartements just to low income people…we need studios for single person, 1 bedroom, 2, bedrooms et 3 bedrooms for low family income…that would help stabilize the cost of living…it is not normal to have people sleeping in their car because they can’t afford a place to live even if they work, we need those low wages employees in various eras…low wages help companies to stay competitive, help things to cost lower, and small businesses to need employees that they can afford…but if it cost 60% or more of your salary just to have a roof over your head of course you will sleep in a car, or not consume anything but necessities…if to many people can’t afford to consume we assist at a downfall, recession,…i say build affordable low cost appartement with rules that prevent high income to be able to get one, it is urgent…not just in USA but also in Canada were I live, it is a problem in every big cities…
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