#718 - Nothing to buy, nothing to rent: Some Americans are stuck in housing limbo

News For Reasonable People

English - September 05, 2021 10:00 - 24 minutes - 16.7 MB - ★★★★★ - 7 ratings
Investing Business Entrepreneurship san francisco trending news protests defund the police antifa blm seattle conservative republican journalism Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: #717 - Seattle leaders address gun violence after another weekend of shootings

Next Episode: #719 - Goldman Sachs: 750,000 Households Could Face Eviction In The Next Four Months

When Rebecca DiLorenzo’s landlord of 14 months informed her that he would be raising the rent by $300 a month on the apartment in East Greenwich, Rhode Island, she shares with her fiancé, Kyle, she started to look around for a place to buy.

“Our mindset last spring was, ‘We’re getting married, we need to buy a house’ and for a while we were going to open houses every weekend, but the market was just getting crazier and crazier,” she said.

After getting outbid on four houses — by as much as $50,000 — DiLorenzo knew they needed a Plan B. “We didn’t want to stay in our rental because it would have cost almost double what a mortgage would have been, but we also didn’t want to buy a house we really couldn’t afford,” she said.

Priced out of both the sales and rental market, the soon-to-be newlyweds are now living with family until things settle down.

Join your host Sean Reynolds, owner of Summit Properties NW, and Reynolds & Kline Appraisal as he takes a look at this developing topic.

https://news.yahoo.com/americans-are-stuck-in-housing-limbo-173106061.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAH0mi_gI-hBOEFzjci2RomTKANPdv1dTUjKrmLD3PbaRdxi1vAmUbhhocSvxbM4iqi7idNt7JrijX5AhGMvc_1ruwI1-8PKdQlERW7DYQ9YmxVFtxljyTejBOdXgwBZTDOl90EjXhmW2Rt8wzP5bDn_kMXux7Yk5imwZjm1VUVrK

Support the show

🛍️ Merch - https://Store.ReasonableTV.com/

🌟 Go PREMIUM with Reasonable+ for uncensored access to our entire content library: https://ReasonableTV.com/

💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY

👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeople

📲 Stay connected and never miss an update!

🔗 Rumble - https://rumble.com/c/NewsForReasonablePeople
🔗 Facebook - https://www.facebook.com/NewsForReasonablePeople
🔗 iTunes - https://apple.co/2MkFziJ
🔗 Spotify - https://spoti.fi/2Dh8EoL