Why You'll Never Buy A House | Honest Ads

What if Real Estate Companies and Realtors were actually honest about how horrifically terrible they are? Roger Horton investigates.

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SOURCES:

Roger Horton: Jack Hunter
Buyers: Jordan Breeding, Anna Breeding
Writers: Ryan Menezes, Jordan Breeding
Director: Jordan Breeding
Director of Photography: Dave Brown
Editor: Jordan Breeding
Sound: Mike Schoen
Production Assistant: Eli Hall

00:00 - If Home Buying Were Honest

#realestate #homebuyers #realtor

[gideo]

"It’s called the American dream, cause you have to be asleep to believe it ". - George Carlin

[cameronmanning]

"it's expensive being poor"

[darkrailroader]

The most honest part was, "Who do they think they are? They don't have any money, just like anyone born after 1975." This is the most honest part of the honest video

[Royal_G]

"I found a job as a real estate agent because that's an easy way for a washed up creative to make a lot of money without having to learn any real skills." Soooo true!

[JaronLindow]

All houses come with "no ghosts". What you should be looking for is "no homeowner's association."

[cracked]

Guys, we're not saying don't buy a house. We're saying the whole process is more complicated, expensive, and bureaucratic than it needs to be. If you can buy a house and it doesn't take you out financially, obviously go for it.

[Keykeymon]

As someone who has been evicted despite never causing issues or being late on payments - just so my landlord can double the price on the rental market - ownership sounds pretty good.

[alitabattlebot]

My plan at this point is to save up as much as I can and go live in another country.

The rent in my area (if you can even find an empty apartment) is nuts.
One family has pretty much bought up everything that can get their hands on and can now basically ask anything that want.
And forget buying.
I've only just gotten into the workforce, my older sister has been working for over a decade and still can't afford anything.

My dad was a fireman in new York and bought 64 acres and a farmhouse in another state for my siblings and I to inherit. Up until my Mom decided she wanted a divorce.
Everything was divided up and sold to strangers.
Any money they got was squandered by both parties on pointless court battles.
My mom bought a decent house she won't maintain, and she forced my dad to buy a trailer to avoid having us taken away.

My dad is super generous letting me stay with him, but it sucks having to start the whole "generational wealth" thing from square one.
Thank you for coming to my TED talk.

[edwardbrennan]

He should do rentals next. Rent prices are getting insane. It’s used to be 1/3 income but around here even before the pandemic they raised it to 1/2 income. And they wonder why young people have no money.

[PhilipMurray]

Asking a real estate broker if it’s time to buy is like asking an alcoholic it was time for a drink.

[Vynoslivost]

Always love how all the 'negatives' for home ownership are often things I still have to deal with in apartments. 😭😭😭😭

[GregorAdler]

Everybody thinks Roger is an hired actor, while in fact he's a retired illuminati who just doesn't care anymore and might as well tell the truth because he knows that everyone will take it as an comedic exaggeration.

[SethDaMeth]

As a licensed real estate agent, I approve this message.

[laraneville]

Home ownership is not simply about the 'American dream'. It's about being able to retire (automatically at a lowered income) without having to worry about not being able to afford rent for shelter at an old age

[REALenvizible]

Don't forget the evil HOA that will take your house if you stop paying your fee and tell you how your house should look.

[fomobull]

As a house owner, I confirm my house has 4 walls and a different wall on top and dirt outside.

[Jose]

"Are you paying 1500$/monthly in rent? Sorry, when can't approve your mortgage of 800$/monthly, because we are not sure if you would be able to pay it" The Bank's Logic.
It's true what they say, the bank only gives you a loan, if you are able to prove that you don't need it on the first place.

[jordanmcmurray]

I’m a small developer in the Midwest and my goodness did you not even begin to scrap the small houses issue. I decided in college I wanted to devote my life to actually creating affordable housing rather than just debating it. I build these compact 900ft 3b/2ba unit 4 and 6-plexes. And it is always a massive battle to get municipalities to approve them. Cities want suburban sprawl with huge 3000+ sq.ft. single family housing. Because that’s what brings in large property tax revenue for its decaying infrastructure. Speaking of infrastructure, single family housing is usually unsustainable, particularly building small 1000ft houses in a low density format where you only build 1 house every 1/4 acre. It’s drains more municipal funding then it brings in. We need to be building a bunch of medium density housing like townhomes and 2-6 unit multi family similar to what the Scandinavian countries have done. It’s depressing, some days I think we will never learn.

[shellylofgren]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[DoneDragon]

If a realtor tries to rush you into a buy then do not use that realtor. Home buying takes time and you need to be 100% sure that the home you are looking at is for you