Redfin’s Daryl Fairweather tells CNN's Vanessa Yurkevich why rents keep climbing. Plus CNN’s Clare Duffy explains why the SEC might not find Elon Musk’s latest tweets funny. And CNN’s Allison
Morrow breaks down the bad news for SoulCycle and Peloton. To get the day’s business headlines sent directly to your inbox, sign up for the Nightcap newsletter:
Rents are sky high, and Elon Musk’s tweets cause a stir. Welcome to ‘Nightcap’
Ahhhh,nothing like having a payed for trailer on 5 acres of paid for property. F rent
Well, that depends on where you live. A cat 3 or 4 hurricane could wipe that trailer out.
People were saying there would be a Housing cash!! There are companies buying up home to turn owning a home into a business, pricing regular people out of buying a house! There is a shortage of homes and Las Vegas, I haven’t seen the prices go down. Greedy companies are pricing renters out of the ability to find a place to rent!
I have one more payment and my home is paid off. Just the wife and I in a 3,200 sq ft home with 15 rooms. What to do, what to do!
@Niki L My landlord has owned the 5 apartment property for over 40 years and the place still has windows original to the 1964 build. Since essentially no money has been put into upkeep, “cost” and rent should be the same as rent was, when the water heater was replaced – 2004!
Yale Pediatric Gender Program director says she treats kids as young as 3 on their gender journey
Blackrock
@TooltheWetSprocket Property taxes are far higher than they were in 2004.
When interest was low big real estate companies swooped in scooped them up because they had cash backing once they acquire the apts they raise the rent on tenants it’s called corporate greed
@Steve Stoll but when big corporations buy up complexes and hike rent up $300+ a month is called greed
@Wendy Pickett no it’s not that is called recouping lost revenue from the previous 2 years.
@Steve Stoll PEs buying up starter homes has been happening since at least the foreclosure crisis in 2008/09.
@TooltheWetSprocket “starter homes” makes no sense. The math doesn’t add up.
Are you saying this is how to enter a Ponzi Scheme?
Explain the math on this one.
This just in Elon Musk forced to move ahead with his announcement to buy Manchester United.
1 Tim Patton Fuk what you saying it here 😠 https://www.youtube.com/watch?v=CxYhxZVo-3o
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
I thought people and the market forces would know better than to listen to what Musk has to say at this point 🤷♂
If the market is so heavily effected by a tweet then it isn’t based in reality, a home, gallons of gas or milk, etc. are always in demand and you can’t say the price doubled because of “economics”
Why do economy dynamics always favor the rich? The prices never fall when the current crisis is over, not significantly
1 No description available Fuk what you saying it here 😠 https://www.youtube.com/watch?v=CxYhxZVo-3o
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
I agree the market isn’t based in reality. They make money by manipulation of the market. Not by actually building a product. The guys that do this seems to get all the tax breaks also. That profession has no socially redeeming value. They hurt us more then they benefit us.
Somehow I don’t think rich housewives are gonna notice a price hike on their trendy excessively priced excersize bikes, it’s just that they don’t need another one and now they can go to the gym where selfy lighting is better
You see and this is why I love Marxism and communism because people like Elon musk Jeff Bezos bill gates
слава советской армии!!
https://youtu.be/s0SeksJQ5-k
@Big Daddy слава советской армии!!
https://youtu.be/s0SeksJQ5-k
@Товарищ Иван thank you brother slava russia 🇷🇺 form the usa 🇺🇸 this American stands with Russia.
Things seem to be getting worse but keep your head up and never stop being you.
1 Jaquan V. Sharpley Fuk what you saying it here 😠 https://www.youtube.com/watch?v=3AdydHAD9n8
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
They’re only bad if you pay attention to the Internet and watch the TV. I rarely do either and my life is awesome
Hard to believe Brian just turned 36 years old….. *Yikes*
1 Lizbraham Lincoln Fuk what you saying it here 😠 https://www.youtube.com/watch?v=CxYhxZVo-3o
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
He probably would say the same to you, if he sees your bank account …”yikes!!”
So it’s basically greed, got it.
“There’s too much money out there, let’s change that”
1 BlisteredThumb Fuk what you saying it here 😠 https://www.youtube.com/watch?v=3AdydHAD9n8
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
Vote Biden out
Rents are going up because of greed.
1 Isidra Lopez Ortiz Fuk what you saying it here 😠 https://www.youtube.com/watch?v=3AdydHAD9n8
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
I’m 25 and disabled since the day I was born housing prices going up is not gonna make it easier the idea of my generation owning housing is a pipe dream I live in Arkansas
Any one who retired on SS who worked lower income under 35k a year can’t find anywhere to rent. Min rent in cites is more then $1200 for the minimum size
1 blastman8888 Fuk what you saying it here 😠 https://www.youtube.com/watch?v=3AdydHAD9n8
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
$300-500 in the country. So just move…I live on SSI.
Move somewhere less expensive
I talked to an apartment complex. 1 bedroom was 1230 and their monthly income requiring was 3x that. So I would have to have a monthly income of 3,690
1 Illyria1217 Fuk what you saying it here 😠 https://www.youtube.com/watch?v=CxYhxZVo-3o
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
You talked to an apartment complex? is that a personal habit of yours? What other buildings do you talk to?
Must be awkward for Elon at family gatherings when he has to call his sister’s kid sister too!😅
1 Ian Reed Fuk what you saying it here 😠 https://www.youtube.com/watch?v=CxYhxZVo-3o
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
Elon is awkward by nature, so feeling awkward is probably the norm for him. I doubt he even notices it at this point 😋
Elon just has to have his daily dose of attention.
Bot
@ThE DuCk nah
Careful, you might upset the Musk fanboys who are living vicariously through him 🤣🤣
That is a load of crap! The reason rents are going up is Corporations buying up rentals – houses, apartment buildings and then escalating the rent to make money. Mortgage rates are not that high -look what they were under Reagan 18.5%, now that was high.
Great when the Rich rub it in our faces! 😵😩
1 John Downer Fuk what you saying it here 😠 https://www.youtube.com/watch?v=3AdydHAD9n8
Felicidades, es un buen ejemplo. 😠
5:25 Se deja ver que hay muy buenos resultados 😠😠
Saludos desde la Cd.. de world 🌹😉💖
los mortales abian apreciado tan hermosa mujer
Rent keeps skyrocketing BECAUSE INVESTORS AND CORPORATIONS ARE BUYING UP ALL THE HOUSING. Instead of the people owning the houses, it’s the top 10%
CNN cancelling a show called “Reliable Sources” is probably the sweetest, most unironic thing ever.
Hilarious!
I long for a time when people don’t get worked up over the words of a celebrity. Might be better if they stop paying attention to them altogether.