Economy Landlords look for an exit amid federal eviction moratorium

[Rematch]

So now we're back to giving money direct to the landlord?

Apparantly, giving it to the tennant didn't work out. There's no point in being stuck on stupid.

 

[RogerB08]

Those who received government funding to pay rent but did not pay rent.

How much do you think unemployment pays. Unless you make enough to qualify for the maximum benefit, unemployment isn't shit and even with the enhancement isn't enough to pay rent and eat and put gas in the car and keep the power on and pay your phone bill, etc. And God forbid you have some unexpected emergency arise.

 

[Rational Poster]

Apparantly, giving it to the tennant didn't work out. There's no point in being stuck on stupid.

The rental relief doesn't go directly to the tenant no strings attached.. it has to be used for rent. The relief in most states/cities is filed jointly. The exactly details differ between states. It also just started June 1st.

In NYC for example tenants/landlords can receive up to 15 months of rental assistance going back to March 2020 depending on certain conditions.

 

[Kona Bear]

I feel like I missed a bailout by faithfully paying rent the last year & a half.

 

[nostradumbass]

<45>Pretty accurate assessment of the landlord/tennent relationship if you ask me.

Which is why nobody did ask you. What kind of total idiot thinks property managers "never had to pay for anything"? From down payment to buy the property, to repairs, appliances, property taxes, time between tenants, deadbeats, landlords are in the red for several years after buying a property. You sound like you have lots of kids you've never met.

 

[Rematch]

How much do you think unemployment pays. Unless you make enough to qualify for the maximum benefit, unemployment isn't shit and even with the enhancement isn't enough to pay rent and eat and put gas in the car and keep the power on and pay your phone bill, etc. And God forbid you have some unexpected emergency arise.

You do know that there were separate payments for rent, right?

 

[Rematch]

I feel like I missed out on a bailout by faithfully paying rent the last year & a half.

I would like to see a demographic of which ethnic group is most in the red.

Why would that matter?

 

[Rematch]

The rental relief doesn't go directly to the tenant no strings attached.. it has to be used for rent. The relief in most states/cities is filed jointly. The exactly details differ between states. It also just started June 1st.

In NYC for example tenants/landlords can receive up to 15 months of rental assistance going back to March 2020 depending on certain conditions.

And how's that working out?

 

[bobgeese]

Who exactly are these people you speak of?

I know at least 1 person doing that.

 

[Rational Poster]

And how's that working out?

Do you think landlords should be entitled to more than 15 months of rent or something?

 

[cincymma79]

You really think 58% of all renters are lazy scum?

Minimum

 

[UFCUCF]

Just a few things:

In Florida, at least, most Landlords have successfully applied for funds with their tenants. Separately, I have helped clients successfully complete DOZENS of evictions during this “moratorium.” There are a number of workarounds. The article is a little alarmist and, there truly are a number of Landlords who are stuck but it’s not a huge number. Eventually the Supreme Court will rule this a taking and then those folks who really got stuck will be compensated if they hire a good lawyer.

 

[plataoplombo]

Yeah, they should go work for peanuts just so someone who owns a building can extract passive income from it.

What kind of socialist bullshit are you on? At what point is it acceptable for people to take responsibility for their own lives.

 

[RogerB08]

What kind of socialist bullshit are you on? At what point is it acceptable for people to take responsibility for their own lives.

Guess what, you can decomodify the basic necessities of life and there will still be plenty of that personal responsibility you rightwingers like to fetishize so much

 

[king of theRing]

Oh well

 

[ineverpost]

Even with the available jobs the cost of housing in many areas is skyrocketing. Landlords Jack up the rent every year even when wage do not go up for people or go up very little percentage wise compared to rent. I get people want to make money but when you have rental properties that you are paying a fixed 15 or 30 year loan on and you keep increasing the rent to pad your pockets more each year, stuff like this will happen. Renters feel exploited so they seized this opportunity to stick it to landlords.

They "jack" it up to whatever people will pay. Costs increase for landlords too. The only people getting squeezed in the rental market are suckers who haven't figured out that it is better to go on public assistance than work a dead end low paying job.

 

[Paradigm]

Who are the people who are able and just refusing to?

The people shopping at the Gucci store during that pandemic that weren't previously able to, pre-pandemic?

 

[mmafan2000]

Smaller landlords with fewer than four units, who often don’t have the financing of larger property owners have been hit the hardest, with 58% having tenants behind on rent. According to the National Association of Realtors. More than half of back rent is owed to smaller landlords.
Landlords that don’t get rent can’t pay their maintenance staff so they have to be laid off. Buildings can’t be fixed and kept in good repair.
The eviction moratorium is going to cause a snowball effect causing more problems than helping.
https://news.yahoo.com/amphtml/landlords-look-exit-amid-federal-142314368.html
https://news.yahoo.com/amphtml/landlords-look-exit-amid-federal-142314368.html

More of sleepy Stalin's handy work.

 

[mmafan2000]

Forcing landlords to keep tenants that don't pay is something expected in communist dictatorships. I am speechless. Sleepy Stalin has to go.

 

[BIKES!]

The shit tenants smoking pot all day living off Biden bucks know how to game the system. The Democrat Reich has created a generation of entitles sloths, many who believe their landlords are deserving monsters of getting shafted.