NYC Just Doomed its Middle Class… to Be Homeless (Video)
In this 6 February 2025 video, New York City resident Cash Jordan focuses on the city’s cost of living increase.
New york has a problem, rents and grocery prices are rising faster than most people income’s creating a situation where the working class is not only excluded entirely from home ownership, but could themselves be faced with imminent homelessness.
https://youtu.be/YEOz_9n7p64
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Whistler Blowers, Insiders
Guy does a good job describing the scene. But never explains much. He’s dumb or gullible enough to insist that the main problem is a refusal to build taller buildings. lolol
NYC warehouses between 40,000-100,000 EMPTY apts each month. That could be used for tenants. When NYC builds a few “affordable” new units? They price them only a couple hundred $$$ less than the skyrocketing market price, so few can live there either.
The city’s GENUINE guarantee of some affordability is rent stabilization- which caps the huge annual rises these greedy Talmudist landlords can charge.
Like Pelosi model? City officials are now bought out by these SOBs so they are working to dissolve this last ‘fairness factor’ in rentals.
This global shift began after the bankers got trillions in ‘bailout’ $$ from taxpayers in 2008 financial meltdown under Bush, Sr. Banker cabal then purchased realty in every state and town for pennies on the dollar.
So like Covid, and AI Tech bs? Taxpayers funding their own demise.
There has been alot more building of new & refurbished homes than the vid guy knows. But they are then priced even higher than the old run down stuff.
He needs to comprehend the real issue. UBER RICH corruption-usuary must be reigned in