Comments by "David Wong" (@davidwong5197) on "Gen Z's Expensive Taste; Young Adults Say They Need $600K ANNUALLY" video.

  1. The cause of high cost is because you are competing with corporation tn the housing market. We need more supply on affordable housing and ban corporation from owning private homes. The property tax alone for an average home in CA is 12K
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  2. Unfortunately it is close to reality
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  3. @ce6ej Dude try CA. People can't afford rent and have to live in their cars. Lots of students at UC lived in their cars. Stop assuming and talk to people.
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  4.  @answerman9933  Cited the source then.
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  5. Thing costs a lot.
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  6.  @mattboyer3385  Depends on where you live. I am retired and own my home in CA. If I start over. I cannot afford my house. My neighbors are paying 20K a year just on property tax. I have almost 300 a month just on utility. Yes I can get by 1000 a month if I don't have to pay property tax, or medical bill. And I have not include car insurance, health insurance. Before I have Medicare I paid 2500 a month health insyrance for the family. So for ypong folks to live on 1000 they basically have to rely on their parents.
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  7.  @mattboyer3385  A week makes more sense'. That is about $26/hr.
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  8.  @AndyMartin-n6j  Well my house is paid for. I have a 401K. I am doing quite well. It is the young people I worried about. I see rent went up 40% in OR, FL, Ottawa Canada. There is no where to go.
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  9.  @AndyMartin-n6j  Nah. What they did is repaint the apartment, put in a gym and called it a luxury apartment and raised the rent 40%. There is a video on YT of a guy in Ottawa. His neighbor paid 3X his rent, And the only reason his rent stayed low is because of rent control
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