Comments by "Robert Rochester" (@RARochester) on "Jack Morgan RLP" channel.

  1. 13
  2. 6
  3. 5
  4. 5
  5. 4
  6. 4
  7. 3
  8. 3
  9. 3
  10. 3
  11. 3
  12. 2
  13. 2
  14. 2
  15. 2
  16. 2
  17. 2
  18. 2
  19. 2
  20. 1
  21. 1
  22. 1
  23. 1
  24. 1
  25. 1
  26. 1
  27. 1
  28. 1
  29. 1
  30. 1
  31. 1
  32. 1
  33. 1
  34. 1
  35. 1
  36. 1
  37. 1
  38. 1
  39. 1
  40. 1
  41. 1
  42. 1
  43. 1
  44. 1
  45. 1
  46. 1
  47. 1
  48. 1
  49. 1
  50. 1
  51. 1
  52. 1
  53. 1
  54.  @stus2159  Very easy to explain; more people chasing fewer housing units drives prices up. The influx of migrants both illegal and legal are competing for housing along with US citizens; it cost more to produce housing units today than in the past due to an increase in labor cost as well as materials and supplies. Almost everywhere in the US you'll find people talking about traffic congestion; well, property taxes goes to pay for expansion of the entire infrastructure to include roads, sewage lines, etc. It takes years to break ground to build when you consider land acquisition, permits, financing, land prep ( razing ) and lining up resources like labor and securing supply chains for materials so that the job doesn't come to a standstill because the builder can't get lumber or drywall for the project. Rent control is an insidious program that drives rent up because it takes housing units OFF the market thereby driving up the rent of the remaining units because this is needed to OFFSET the loss of rent control units so in other words; people like you are subsidizing baby momma who has two kids and works at Burger King full time. Do you know anybody who lives in rent control unit ? They NEVER leave right ? This is why the wait list is so long; somebody literally has to die before a rent control unit becomes available; the people that vote for rent control are in effect screwing themselves because they'll NEVER qualify because they're not POOR enough to get into one of those units. As for wages ?? EVERYBODY who works a working class job is underpaid; it's how businesses make a profit but if you pay the dishwasher at TGIFridays $20.00 an hour; how much will your Burger cost ? I could go on and on but I'll stop right here; you get the picture.
    1
  55. 1
  56. 1
  57. 1
  58. 1
  59. 1
  60. 1
  61. 1
  62. 1
  63. 1
  64. 1
  65. 1
  66. 1
  67. 1
  68. 1
  69. 1
  70. 1
  71. 1
  72. 1
  73. 1
  74. 1
  75. 1
  76. 1
  77. 1