PACE: Last Week Tonight with John Oliver (HBO)

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Publicado 2021-06-20
John Oliver explains how PACE, a program meant to pay for environmentally-friendly home renovations, is fundamentally flawed and can put people at risk of losing their homes.

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Todos los comentarios (21)
  • @nicoj9984
    John: "PACE is a program that offers cheaper loans for energy efficient home improvements and green energy" Me: "Wait a second, we have a similar program here in Germany and it works pretty well. I have one of those loans! What on earth could be the problem here?" John: "It's administrated by private companies" Me: "Aah, there's the problem..."
  • @2011blueman
    Home Owner 101: if the contractor is approaching you, RUN away from them. Good contractors don't need to solicit jobs, they have waiting lists.
  • @elphieofkiamoko
    Pam's family room is one of the most iconic fails ever and I live for seeing it in any context. The ONE thing Pam requested for that reno? No brown palettes. She hated brown. #JusticeforPam2k23
  • @DeLorean4
    "If you're born after 1985, you don't get to buy a house" laughter gradually turning to crying
  • @TheSpeep
    It's fascinating how even when the US tries to help its poor people, it still turns into a way for large companies to exploit them for money they dont have...
  • @CarolynDesign
    I started laughing as he explained homeownership to the under 35 crowd, but then tears started to drop as I realized just how true it was.
  • @Peace_And_Love42
    As a contractor working in Texas (and potentially working with PACE loans for non profits), I appreciate you. Thank you for encouraging me to do the extra research to make sure I'm not screwing over people and organizations I care about.
  • I adopted the “In matters of finance, assume everyone is trying to rip you off” mindset years ago. It’s worked okay.
  • @Fatmuffinz1
    Huge shout out for breaking down a "home owner", I was really confused what that term was referring to. I had to take out a sub prime loan to afford my morning's avocado toast.
  • @MrBautista202
    Mortgage broker here. Every single client that I have worked with that had a PACE lien on their home were never told that they would have an increase in payment due to the increase in property taxes. It is crazy how they can get away with telling the homeowners little to no information about the financing so they can make an educated decision. It’s like as if they actually knew the whole picture, they would realize this thing is a scam…
  • @Drebin2293
    Here's a tip. If you see a commercial about it, or someone comes to your home advertising it. Doubt the hell out of it. Proper government assistance programs are rarely if ever advertised in a significant way.
  • @Sleepless_Sam
    John wanted to put the whole phrase "Fuck Off" backwards, but then realized it sounded the same with his accent. Which only makes it more beautiful.
  • @phoenix5054
    “Your houses pay for them” is analogous to “Don’t mind student loans because your diploma pays for them.”
  • There's a special place in hell for people who go for the old and disabled to trick them into paying for something.
  • @craigieb
    The recurring Clooney bit is PRICELESS.
  • @kalexambing2507
    “If you’re born after 1985, you don’t get to own a house” Yeah and rent keeps increasing too. 😡
  • @MzShonuff123
    Whoever wrote that “gentrify jazz” joke deserves a raise. That’s top notch.
  • I love John Oliver because you can sum him up as having an unassailable hatred for anyone that takes advantage of vulnerable people, which I think we can all get behind
  • @Bremend
    Forget the whole Ygrene is energy spelled backwards, is sounds like you are asking "why green" which isn't exactly confidence inducing for a company in that sector...