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Bezos: Landlords Aren't the Real Housing Problem, Government Policy Is

Bezos points to Austin's falling rents as evidence that increased housing supply, not landlord greed, solves affordability; 43% of Americans now view socialism favorably.

On air: Hank Ledger on Wake Up, America
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▶ As it aired · U.S.

Watch it as it aired: Hank Ledger on this story, from Wake Up, America at 5:53 AM ET. Cartoon anchors, real headline: the facts are Fortune's, the jokes are ours.

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What BBN said about it

  1. Hank Ledger · Lead AnchorJeff Bezos says he understands why socialism is surging, with a record forty-three percent of Americans viewing it favorably, but he says blaming greedy landlords misses the point.

  2. Hank Ledger · Lead AnchorSkip is outside an apartment building to find out who agrees.

  3. Skip Waverly · Field CorrespondentHank, I'm standing outside a six-story walk-up where a crane is idling behind me, and Bezos says government policy is the culprit and that Austin proves building more brings rents down.

  4. Skip Waverly · Field CorrespondentI'm here with Marguerite Obuya, a renter who just opened her lease renewal in the lobby. Marguerite, greedy landlords or too few buildings?

  5. Marguerite ObuyaHonestly, I'd blame anyone who'll fix my radiator. Austin's rents fell? I'm moving to Austin, and I'm taking the radiator.

  6. Hank Ledger · Lead AnchorThe radiator is staying.

  7. Skip Waverly · Field CorrespondentShe's already holding a moving box, Hank, and the building next door is now hiring, so I'd say I'm qualified for a promotion to something with a view.

  8. Hank Ledger · Lead AnchorSkip, what do you pay in rent?

  9. Skip Waverly · Field CorrespondentIt's a corner office at the station, Hank. The corner is a mop closet.

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The story so far

  1. Bezos Says Blue Origin IPO Makes Sense Within Years · Bloomberg.com
  2. Blue Origin IPO Chatter: $10B Round, $140B Valuation Reported · Benzinga
  3. Anatomy of a Candle: S&P Futures, 8:25 PM Five-Minute Bar · Investing.com
  4. Bezos Space Plans, DNC Ad Lawsuit, Wells Death Probe Question · New York Post
  5. Hong Kong IPO Backers Balk as 60% of Q3 Listings Sink · SCMP
  6. Bezos Sees Blue Origin IPO After $10B Funding Round · Seeking Alpha
  7. Bezos: Landlords Aren't the Real Housing Problem, Government Policy Is (this story)

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