Are Landlords Really That Bad?

Get access to all my content early and ad-free with Nebula! Visit https://watchnebula.com/secondthought Over the last few years, landlords have been in the news a lot. Thanks to covid, we've seen countless rent strikes, the formation of tenants' unions, and waves of evictions. Let's take a few minutes to look at what role landlords play in modern society, and investigate whether or not they're really as bad as everyone says. Are Landlords Really That Bad? – Second Thought SUBSCRIBE HERE: http://bit.ly/2nFsvTS New video every Friday! Citations and Further Reading: Rent increase of 18% over last 5 years, 150% over last 35 https://www.pewresearch.org/fact-tank/2022/03/23/key-facts-about-housing-affordability-in-the-u-s/ https://www.theguardian.com/society/2022/may/21/rents-soaring-across-us Average landlord income vs. average renter income https://www.rent.com/research/rent-statistics/ Minimum wage workers can’t afford housing anywhere in the US https://nlihc.org/oor 45% of landlords in the UK have no outstanding mortgages https://web.archive.org/web/20200616210915/https://england.shelter.org.uk/__data/assets/pdf_file/0004/1236820/Landlord_survey_18_Feb_publish.pdf Millenials have 35% less wealth, 70% can’t afford housing https://www.apartmentlist.com/research/2019-millennial-homeownership-report https://edition.cnn.com/2021/03/23/opinions/millennials-almost-impossible-to-afford-home-olson/index.html 3.6 million official evictions each year https://evictionlab.org/ 3.5 million people, 1.4 million children experience homelessness https://www.nationalhomeless.org/publications/facts/How_Many.pdf For-profit firms have 45% of the housing supply (21.7 million units) in the US https://www.pewresearch.org/fact-tank/2021/08/02/as-national-eviction-ban-expires-a-look-at-who-rents-and-who-owns-in-the-u-s/ Wall street landlords are even worse than individual landlords https://theintercept.com/2018/01/20/you-think-your-landlord-is-bad-try-renting-from-wall-street/ http://ourfinancialsecurity.org/2018/01/afr-report-wall-street-and-single-family-rentals/ https://www.nytimes.com/2020/03/04/magazine/wall-street-landlords.html Blackrock https://www.blackrock.com/us/individual/insights/buying-houses-facts https://jacobin.com/2022/03/index-funds-blackrock-vanguard-stocks-ownership-democracy-concentration Blackwater https://www.thenation.com/article/archive/blackwater-down/ https://www.thenation.com/article/archive/blackwater/ ​https://www.theguardian.com/world/2005/sep/12/hurricanekatrina.usa Wall Street lobbies against rent control https://theintercept.com/2018/10/12/prop-10-california-rent-control-wall-street/ Wall Street bought up foreclosed homes after crashing the economy https://theintercept.com/2018/01/20/you-think-your-landlord-is-bad-try-renting-from-wall-street/ All those Adam Smith quotes https://www.marxists.org/archive/marx/works/1844/manuscripts/rent.htm Only 6.7% of Americans are landlords https://www.pewresearch.org/fact-tank/2021/08/02/as-national-eviction-ban-expires-a-look-at-who-rents-and-who-owns-in-the-u-s/ 238 federal lawmakers are landlords https://www.businessinsider.com/congress-assets-property-real-estate-law-2021-12?r=US&IR=T https://www.opensecrets.org/news/2016/01/lawmaker-landlords-members-make-millions-from-property-owned/ Vienna’s social housing covers 62% of the population https://youtu.be/LVuCZMLeWko?t=372 Millions of homes in America are vacant https://www.nytimes.com/2022/03/10/realestate/vacancy-rate-by-state.html Good vids about landlords https://youtu.be/g2EWQ4v9wbA https://youtu.be/TBOxrHdTKE0 https://youtu.be/9gm4b1WgVEQ https://youtu.be/wAuE1MLditQ Good take about “good landlords” http://www.gmhousingaction.com/good-landlord-myth/ Follow and Support Second Thought! Twitter: https://twitter.com/_SecondThought Patreon: https://patreon.com/secondthought BuyMeACoffee: https://www.buymeacoffee.com/secondthought CashApp: $JTChapman Watch More Second Thought: Latest Uploads: https://www.youtube.com/playlist?list=PL6SJktA-ecJR_Fq2hhYVEFS11cf1YzG27 Spaaaaaace!: https://www.youtube.com/playlist?list=PL6SJktA-ecJQRpqT-hMTTFx8A6VVH3m6v What If...: https://www.youtube.com/playlist?list=PL6SJktA-ecJRI7VrWf_-mT0z6lrN--Cvi Popular Videos: https://www.youtube.com/playlist?list=PL6SJktA-ecJRx7ZaO9J04Kbob_u5baHxN About Second Thought: Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome! Business Email: [email protected]