Dope Tech Episode 2

<<@NotYourBusiness-bp2qn says : Ah yes, Invitation Homes. That's Blackstone, a offshoot of BlackRock who advises Kamala Harris on her economic policy plan by the way. They control 15 TRILLION dollars in assets on their main company alone and TRILLIONS more on their various subsidiaries like Blackstone and Invitation Homes. I'm sure they will be devastated by this 48 million dollar fine. DEVASTATED I say. We have to print another 48 million Wall Street funny money to cover that expense. Oh, no, say it ain't so. What shall we do? Oh, I have an idea. Click? Done!>> <<@trevorD1156 says : Ana is so repulsive, her tone is always biased and negative. Please stop putting her on camera.>> <<@spidalack says : We had to make it illegal in many places in Canada for corporations and especially foreign corporations, to own single family homes. Real Estate is still stupid high, but not as insane as the us.>> <<@yourseatatthetable says : Seems to me that this sort of thing is just the ticket for funding Harris' 3 million homes promise. 48 million, wonder how many starter homes could be built with it.>> <<@MarjorieParaison says : If these companies can afford these fines … they can pay more :)>> <<@captng says : Oh snap that actually sounds like a lot of people's rent is about to be raised to make up for this problem>> <<@19lol19 says : Where is that $48 million going towards? Because we know this happens all the time>> <<@coreysanders7140 says : How are they still in business?>> <<@menolara17 says : Did this news make it on CNBC NEWS?>> <<@Noah-357 says : The FTC should stop the mass layoff that is conducted by curropted corporates. These curropted corporates are relying on outsourcing or hiring people working remotely from india, getting lower than minimum wage instead of hiring American professionals.>> <<@j.m.6048 says : A more meaningful penalty would be one year's worth of profits. I bet that's more than 48 million.>> <<@seestuff09 says : they'll just treat the fine as a cost of doing business in this way>> <<@ronv.6461 says : I do not understand why this lady who is on Trump commercials as support is showing up in my feed?>> <<@Kronosgear says : No this company should be dissolved since they're settling>> <<@TheSiriusEnigma says : If you want to stop delinquent corporations, the only way is to make the bill of breaking the laws higher than following it. They cheat for 200 millions? Unless you fine them at least 300 millions, they keep doing it.>> <<@ronakpatel428 says : Lina Khan 2028>> <<@carl-oh5bl says : these fines are literally pennies on the dollar , gives the illusion that they are being punished ,yet they can take it off on their taxes and get the money back. there are no real consequences to their actions.>> <<@Steven52396 says : BLACK MOLD IS ACTUALLY A TENANT ISSUE!!! WE RENTED OUT TO A FAMILY AND WE LIVE IN THE HOUSE BEFORE RENTING FOR 15 YEARS!! NEVER HAD MOLD!! THEY MOVED IN AND THEY HAD MOLD IN THE ROOMS AND CERTAIN PART OF THE HOUSE THAT SHOUDL NOT GET MOLD!! MOLD IS NOTHING TO DO WITH THE LANDLORD<, ONLY DIRTY TENANTS!! GET THAT RIGHT!!! SOON AS THEY LEFT AND NEW TENANTS CAME NEVER SAW MOLD OR HEARD ABOUT IT AGAIN!!! home still going strong NO MOLD!!>> <<@whafrog says : I'm getting so sick of this new "subscriber world". These corporate owners are shafting everyone. Subscriptions might be okay for streaming services, but these asshats are making people "subscribe to life". We need to wake up and legislate these bastards out of existence.>> <<@use_less43210 says : Why does Harris seem to only talk about taxpayer funded home buyer assistance, and not talking about this much, if at all? It isn't that families can't afford homes in a free market, it's that these unregulated monopolies exponentially increase demand, pushing prices out of reach for individual homeowners. We should be taxing the hell out of any commercial entity trying to purchase a single family homes, and even no small tax on individuals purchasing their second or more home. Non commercial "investors" who own two or more homes exacerbates the problem too. These tax dollars could then be used to provide assistance to (first time?) home owners who will be living in the home they purchase.>> <<@jospehjack says : they will just raise the rent and evict tenants.>> <<@CurtisSmale says : Will that fee mean anything? Or is it a slap on the wrist? I think businesses should not be permitted to own residential property AT ALL.>> <<@cowboy124aa3 says : They need to limit the number of home that they can purchased within a giving time period, example: no more then 5 homes in a one year period. And they need to be heavily federally regulated on how they rent to consumers. Oh and that 48 million settlement will be made back in a month when they raise the rent of all the properties they are renting out!>> <<@Beverly-b8r says : THEIR ALL JUDGES WHO RULE IN THIER OWN CROOKED KILLARY COURTROOMS! YOU CANT FIGHT EM CAUSE THEY HAVE ALL BASES COVERED WITH OBSTRUCTORS AND BAMBOOZLEERS WHO BLOCK THE ACCESS TO FAIR JUSTICE FOR ALL!!!! THIER THE RULING ELITES. BTW!>> <<@ramirorenteria7333 says : 48mil is their tax on doing shady business>> <<@foxstele says : How much you want to bet these private equity companies are also doing their best to limit new housing construction?>> <<@way2jaded1 says : I know 48 million sounds like a lot but is it not just a business expense?>> <<@themadinspector says : Triple damages and capital punishment is appropriate in this case. 😆 FOLLOW THE MONEY!>> <<@msnewsenior says : I really wish Kamala would speak directly on this and promise regulations to block these companies. Took me three years to get a house because of these practices>> <<@whatsnext-007 says : should have been closer to 100 to 150 million to make it seem like a punishment...48 million is a joke.>> <<@lllm299news says : Thats who we should be deporting>> <<@rotten_joey says : 48 million dollar settlement and will have 20 years to pay it!>> <<@TonyMidyett says : Landlords are LEECHES. They produce NOTHING, but they want EVERYTHING.>> <<@Constance_R says : 48million is nothing not even a slap on the wrist, in fact they now have double jeopardy protection so they can ACUTALLY be punished for these crimes.>> <<@TheJoergenDK says : Around 1989, I was elected to represent the tenants in relation to a grand scale remake of one of the five regions surrounding the center of Copenhagen. I was elected, because everyone else was even worse at simple logic.. Even back then, and even in the country of Denmark, which has been elected least corrupted several times, there was a clear difference between housing for common good and privately owned ditto. In Denmark, we have something called "almennyttige boliger" which roughly translate into "Housing for the Common Good", from here on referred to as "Hoc God" because we are all created in his image... Hoc God is actually a shared ownership of apartments. But you don't buy a share of an apartment. You buy a membership, in my case 100 a year, or 200 for life (!). The building that I live in took out a loan, and it has now been payed. So the "Andelsboligforening" - "Cooperative housing association", of which I am thus a member, is debt free. Unsubsidized! All the rent I pay goes to maintenance and to loans taken for said maintenance, like balconies being sealed of with windows, saving money on heating at about the same amount of money as the price of the loan! And what I found out when I was "working" as a representative, that the price of living in an apartment in a privately owned building was double the price of one in Hoc God (You thought I'd forgotten that cheap little prank term!) And also, maintenance was often done poorly in private SCAM (Socially Crappy American Mainstream), saving the owner money. Blackstone has started worsening living conditions in Denmark, by buying up over here. Please make your people stop them! This topic is at the core of left, right and center of all debates. Thank you for bringing it up (again, I hope, I'd hate to think that this is the first time anyone did that!) and thank you for being TYT for TAT (The American Them-ocracy)!>> <<@MrPies says : I rented a house from Invitation Homes once. The house had a leaky roof which they took 3 months to fix. A window in our bedroom wouldn't shut in winter and they took over a month to send a handyman out who just said it worked fine (it didnt). We insisted on another handyman for a second opinion who was able to replace it for us but IH tried to have us foot the bill even when we had notified them of the issue prior to moving in. Our fridge broke while we had an infant and they refused to replace it until we threatened legal action. Absolutely horrible company.>> <<@lascreen3198 says : How ‘bout we normalize NOBODY (not even “mom & pop”) buying up housing they aren’t going to actually live in full time. Municipalities would own available housing until purchased for reasonable prices…along with rental units rented out for sustainable % of income.>> <<@play030 says : The company was not destroyed so it does not matter.>> <<@tr6214 says : the most obnoxious fees were when the neighborhood HOA would hire a contractor to go around and flag us for our garbage can being too exposed. They wanted us to build a tiny fence to hide the can, but we didn’t own the home! So we would be fined, but then Invitation Home would add a 2nd fine for every complaint they received from the HOA, even when the HOA would drop the charge.>> <<@rp1268 says : <$600 per house in fines. peanuts for a company that probably made multiples of that being a slumlord.>> <<@CMoney280 says : There is no housing shortage problem. We have a private equity/corrupt landlord problem that BUY ALL THE HOMES AND LET THEM SIT>> <<@astralvibess says : I wish someone would look into Thrive communities in washington state as well. They are super grimey and are purposely pricing people out of their homes here. Rental increases since the pandemic have been over 1k. Its crazy they get away with this.>> <<@Mechjoc says : See, this is why I believe fines should be based off percentages of worth. A thousand dollar fine will destroy the average person. A million dollar fine is shrugged off by corporations.>> <<@steven4569 says : nothing will change unless CEOs and investors go to prison. 48 million is nothing to corporations.>> <<@famousone260 says : Unless i want my children to live in a pedo apartments. I am forced to pay 2200 to 2500 just for rent>> <<@midtwnscott says : $48 million? Routine cost of doing business for such a big private equity firm.>> <<@rodfoulds8352 says : They just added Internet to everyone's rent Mando 85 bucks a month you have no choice>> <<@ograv7972 says : If the punishment is to pay money, then it is legal for rich people>> <<@BoboBaba-m1w says : Different between being a corporate landlord and deceptive marketing.>> <<@kenaaaron7122 says : Ana, I love you but let me be very clear when I say this. I commend the FTC for absolutely nothing. You have these companies and scam artists tricking people out of their money and then the FTC gets them to pay a fine to the FTC. That money doesn't go back to the people who lost it. That company goes right back into business and the owners continue the same behavior. What does that do for the people who lost their money? absolutely nothing.>>