Why It Feels Impossible to Buy a House Right Now

Ken and Danille McElroy discuss whether corporate landlords actually a benef to the housing market. They explore the role of corporate homebuyers, debunk common myths, and discuss the true causes of high housing costs.

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ABOUT KEN:
Ken is the author of the bestselling books The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABCs of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.

Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.


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Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’

Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.




#CorporateLandlords #HousingCrisis #HighRents #RealEstateMarket #Politicians #HomePrices #Scapegoats #HousingSupply #RentalMarket #Investors #HousingAffordability #Inflation #RealEstateInvesting #MomAndPopLandlords #HedgeFunds #RentalProperties #FutureOfHousing

[Joelconway]

I love the grounded reality of this channel!!!
Retirement took a toll on my finances, but with my involvement in the digital market, $47, 000 weekly returns has been life changing. AWESOME GOD❤️

[vincentchan]

one of my dreams is to own a house. After my aunt's passing, I inherited some of her portfolio and cash savings, I’m 28 with about 400k cash in savings and as usual everybody’s preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5years from my returns

[kasaipreston]

As much as I love this channel and the content it puts out. This is information is not correct. You can’t say there’s a supply issue if major corporations and real estate investors are buying up all the single family homes, hiking up rent so they can max out roi.

[shannondavis]

Unless y’all have been in every market in Florida the last couple of years…don’t tell me its low inventory because i deliver lots of groceries(driving 100’s of miles every month!)to all these markets and i see all the “empty” overpriced supply….and they are still building

[ilkeryavuz]

Ken broke his hand from counting his monthly rent

[kipbarnhill]

This is ridiculous. There are two sides to supply and demand. Investors artificially add to the demand and raise prices through speculation. Corporations systematically buying up neighborhoods and using technology to inflate prices combined with historically low borrowing rates caused unnatural price increases.

[jmaatgreen]

I think you're missing some foundational information. REITs are "corporate" investment strategies that make it easy to put $5K in part of a house for ROI. It's not a supply issue, unless you're talking about building materials. The growth in ADUs and land hacking are one way to avoid the cost of nursing homes for some of us.

[dandavis]

I think it is comical how you blame it on "nimby", people who don't want to live in congested crime increase, not responsible for the dwelling i live in, rent areas. People attain land and pay the uber high taxes so they can separate from those problematic types. Poor people have poor ways.
I just think it immoral how developers like you look upon other peoples(temporary place holders) empty land as your next project as soon as you and the lackey gov partners can manipulate them into vacating at a lower price through various types of pressure.
Stop all the illegal immigration that developers promulgate for cheap labor while gaining mega momentum from PPP money and reserve the housing for the citizens that have deference as a right.
I wonder if the Hong Kong stacked on top of each other model is what you really want as most of them rent enabling you to be ofo when you should be making a living by the real sweat of your brow.

[chrislaflair]

It's Ken making all the sense/ points here. Think he's underestimating the immigrant impact on housing and economy..12 to 29 million is alot of competition and entitlement Sharing

[budala]

"neighbors" don't want new housing without new infrastructure as well. Builders create new homes, cash out, and leave the area with increased traffic and competition for schools, jobs, healthcare, businesses, etc.

[TheDogKenshin]

You need to listen and translate when these people are really saying

[autumnlynn]

Hedge funds should NOT be outbidding families for homes with cash and no inspection. And then renting it back to those same families for increased prices. It's a problem. And almost always the lower priced homes that would be a target for first time owners. So they are owning a certain sector of housing. They aren't buying million dollar homes.

[MrMobi]

c'mon, of course the institutional buyers are affecting the market.. they can borrow money for a fraction of what the public can... can't compete.

[maiaheiss]

So… legal citizen population has to lower their standards to accommodate illegal non-citizen population. 🤔 Cause otherwise the math shows there is enough housing.

I mean, if you are a builder you want less restrictions. But if you are a home owner you want your neighborhood to stay quiet and nice.

[anthonyc]

Because for most people, it is. This is terrible because it leads to more section 8, other subsidies, rent control and everything they makes housing more expensive.

[jackgoldman]

Single family houses are obsolete. I can build a new house for under $10, 000 but there will not be land ownership. We need to down size houses, cars, credit, debt, and counterfeiting to get cheaper houses, cheaper lifestyles. All a person needs, NEEDS, is an 8'x12' sleeping room that is CHEAP. We don't need more $500, 000 houses and more $2, 000 per month rentals. We need cheaper units. Government prevents this.

[stefaniamoore]

I live and work in RE in Vegas. If you aren't investing in NW Las Vegas or even far north las vegas, you are missing out a huge opportunity.

[carlo]

Corporations owning SF HOMES is a good thing, got it. Thanks bozos...

[Ascending]

Not wall st? Lehman bros crashed the market in 2008.

[dawnaker]

I don't agree with the more corporations owning houses so there could be more rentals. Americans will own nothing and be happy. WEF