Atlanta Has Become HELL | Full Tour of The Collapse

[raymaas]

My Dad actually was a mailman in the '60s. 4 kids, Mom didn't work. He bought a 3 bedroom home with a full basement in a middle class neighborhood for $13, 000. We certainly weren't wealthy, but we had everything we needed.

[Koop]

Homes should be for people, not corporations.
The government printing money and basically giving that money away to these huge corporations is not free market capitalism.

[juanjuarez]

The people that run this country is so corrupt makes me vomit, they don't care about anybody else but they making money.

[freeagent]

$750, 000 homes and if you walk 6 feet either way, you're on your neighbors property. But people accept this.🤦🏿‍♂️ insanity

[kipburt]

I sold my house years ago in Gwinnett Co and moved into a RV in the moutains and don't regret it one bit. The crime, traffic and overcrowded schools all over the Metro is shocking. I thought about moving to another state but everywhere I wanna go is collapsing too. America is now scary everywhere period. I thought about leaving the country but the whole world is in a turmoil. There's nowhere safe for the middle/poor class!

[aaronha]

There are many issues, but number one problem i have is if i pay taxes on land, i never own it. Every year i must pay the king or he will take my land, also, i would like to build my own house, but the bureaucracy, permits, and permission to build on my own sorry, its complete garbage.

[kamillionturner]

I’m a local Realtor/Broker in the Atlanta area… I actually live and specialize in the very neighborhood you’re walking in.. I live 5 mins away in a very similar neighborhood… The one thing you forgot to mention is this area South of Atlanta, near the Airport is predominantly African American.. Wallstreet now owns 40% of our neighborhoods… Our inventory is extremely low and our neighborhoods are being crowded with rentals and squatters… I believe Wallstreet target this working class neighborhood because of location and newer builder grade houses that are easy to repair.. Also African Americans are easy targets to dangle 150k of equity… Now all the people that sold in the Covid 2021 era are stuck in the rental system!!! 🤦🏽‍♀️ It’s predatory and discriminatory….

[limeallens]

400 to 500k for an average looking home with no privacy and weirdo neighbors on all sides……uh no thanks. I’d rather live in a shack on 10 acres or more with privacy unrestricted.

[floydlholt]

I remember in the 90s homes in Atlanta was going for 50-70K. When Hollywood and the musical industrial invaded Atlanta everything changed. No more cheap southern country living where people felt safe to being robbed daily. Don't forget about the new tents popping up along the highways in Atlanta.

[rl]

No corporate ownership of family homes period.

[sandyrose]

The reason Wall Street, Hedge Funds, Corporations are buying up properties is so that families or individuals can't afford to purchase them.The Big Companies - rent them out - and charge high rents. This started during the Great Recession around 2010, 2011, 2012. Many developers sell the whole tract to Investors and people have no choice but to Rent because they can 't afford to Buy. This never should have happened.

[bartosullivan]

We abandoned Atlanta thirty years ago. Best move we ever made!

[libbuddy]

Nobody’s talking about these corporations owning these homes and then paying $100, 000 over what it’s worth to increase the value of their other homes

[inspectah]

Atlanta doesn’t have a body of water to warrant those prices. For those prices I need to see an ocean

[samr.england]

0:11 - That's not a, 'neighborhood', it's an isolated subdivision pod accessible only by automobile, like most of the, 'neighborhoods' in (Metro) Atlanta. Atlanta native here. Atlanta traffic has been Hell for over 40 years, and it's largely because the vast majority of people live in subdivisions like that one, riddled with unnecessary man-made dead ends, you know, cul-de-sacs, with only one entrance/exit for the isolated pod. Build on logical grids, with traditional REAL neighborhoods, ya dummies!

[MercedesNina-oprf]

The stark reality is that living standards have severely deteriorated, disproportionately affecting the most vulnerable members of society. The relentless surge in the cost of living has drained financial resources, eroding incomes to the point where basic necessities like food, clothing, and shelter have become unaffordable luxuries for far too many individuals.

[alanzamora]

Sooner that we think * America is going to be unrecognizable 😮

[Stormy]

I'm definitely not okay with this, I think it's all by design, this is their plan, if we don't come together it's just going to get worse, , , ,

[augustusb]

😂😂😂 America has bankrupted itself. 3 companies have stolen all the properties in Atlanta 😂😂😂

[timeforachange-is]

Atlanta went through a massive downturn in late 2011/2012 with 2B/2B in North Atlanta (Sandy Springs) $30K one bedroom condos close to Lenox Mall $17K in 2012. Once people stop paying rent good luck investors. One subdivision by Lennar was transitioned to 100% rental and within one year you can see the demise. Subdivisions with HOAs ensure that only 25% are rentals and the crack down on code violations in order to maintain the appearance of the subdivision.