Economy Landlords look for an exit amid federal eviction moratorium

RogerB08 said:
You assume that because I'm critical of a system that I must be toiling under it. I'm not. My fiance and I own our own place, and over all life doesn't suck. My pov is really about capitalism and it's failure to live up to it's post French Revolution promise of "Liberte, Egalite, Fraternite" that was supposed to come with the supplanting of an economic system with a king at the head of the table with a capitalistic one.
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That's because our founding fathers were smart enough to recognize that simply having the biggest club wouldn't suffice to control people anymore. So they replaced using physical force with economic force.

They were also very adamant that the minority must be protected from the tyranny of the majority. However, what most fail to understand is that is not some altruistic notion to protect the little guy, it's a direct admission that a very small segment of the population (wealthy, landed aristocrats) be protected from the masses. "We, the people" does not refer to all people. Only certain members of society were actually considered 'people' at the time. What has happened in this country is that the middle class, who are simply the recipients of crumbs from the big boys' table, were enlisted to protect the upper class from the desperate lower classes.

Hence we have a system of laws that is overly sophisticated, yet ambiguous enough to allow interpretation by those with the means to do so.
 
RogerB08 said:
It's always a pivot with you libertarian types.

Don't make enough money, go to school.

How do you survive while going to school when you already don't get paid enough to live?

Rent a room.

With what, the even less money than they were making before they carved out tone away from work to go to school?

Well you just should have made better decisions starting with being born into a better family and having had all the advantages and circumstances I had going for me.

It never fucking ends with you guys laying all the blame for people's poverty squarely on them and not on an inequitable system in which where you end up is heavily influenced by where you start.
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Totally, if some people have difficult lives we need to punish everyone else. We need politicians at the top deciding who gets what, and merit will not be a consideration.

Sorry kid, but some people get cancer, that doesn't mean we poison healthy people to make it fair.
 
RogerB08 said:
Yeah, sure.
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2019-2020 year over year growth numbers showed a 10% loss in passenger car sales. And yet, cars over $80k were almost 2x the amount of sales from 2019.

"One of the more remarkable things about the run-up in sales, said Jominy, is that it has been largely young buyers driving the wave. "[T]he rich Millennial tech employee in Austin is now the archetype," he said."

https://www.cnn.com/2021/04/01/success/luxury-car-sales-pandemic-2020/index.html

I'm sure all the PPP fraud had nothing to do with it.
 
aldeniro78 said:
There's no excuse to be unemployed right now unless you're not able bodied. Pay your fucking rent.
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Herniated disc, kidney troubles, a shredded knee : and I'm working a few hours a week to barely scrape by.

I took one month of help this entire time, and that was cheap studio rent and $150 or some shit in food benefits. I never got anything other than the first stimmy check either, but I've managed to somehow keep this shit show going.

Why? I couldn't walk.... or move, or roll on my side lol.

Get the fuck out there and work.

If yer worse than me, take yer time, but if you can get up to pee and roll over without being stabbed in the back, walk without your knee popping out.... GO GET A JOB!
 
Nameless Ghoul said:
All these people clamoring about "housing is a human right" need to go check out Section 8 housing, and see what that's all about. That's what it would be, instead of this idea of living in $250,000 homes in nice neighborhoods "for free".
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Give a man fish, feed him for a day…
 
I will never understand a rent/eviction moratorium without a mortgage moratorium. The banks can eat the costs or get it back from the gov easier than landlords.

The only result of this is the banks get the property and small land lord's lose out.
 
surrealworlds said:
I will never understand a rent/eviction moratorium without a mortgage moratorium. The banks can eat the costs or get it back from the gov easier than landlords.

The only result of this is the banks get the property and small land lord's lose out.
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Are banks foreclosing on investors?

There is constant talk how it could happen but haven't heard of a case yet.
 
Paradigm said:
2019-2020 year over year growth numbers showed a 10% loss in passenger car sales. And yet, cars over $80k were almost 2x the amount of sales from 2019.

"One of the more remarkable things about the run-up in sales, said Jominy, is that it has been largely young buyers driving the wave. "[T]he rich Millennial tech employee in Austin is now the archetype," he said."

https://www.cnn.com/2021/04/01/success/luxury-car-sales-pandemic-2020/index.html

I'm sure all the PPP fraud had nothing to do with it.
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They need cars to drive for UBER; the company that values you so much they'll help you go in debt to work for them. Plus not everyone's job went away and for things like cars, I'm sure it was a buyer's market.
 
RogerB08 said:
Exactly. We have CEOs making at least 100 times the average worker salary, and we have huge companies being crontolled by boards of directors whose sole goal is increasing share price stock holders, the biggest ones of whom happen to be themselves. Meanwhile, all the workers who really make the enterprise run are subject to the decisions of these people who they had no hand in chosing to lead the company, and they live with the consequences of the decisions these people make.
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The goal of most executives is to make bonuses and promotions. Share price is a factor in calculating bonuses etc but make no mistake their interests are not all that well aligned with investors.
 
ocfightfan said:
Totally, if some people have difficult lives we need to punish everyone else. We need politicians at the top deciding who gets what, and merit will not be a consideration.

Sorry kid, but some people get cancer, that doesn't mean we poison healthy people to make it fair.
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Or perhaps we shouldn't allow anyone to have the power to render another person homeless when the fall on hard times beyond their control.
 
RogerB08 said:
It's all passive income. The profit from the rent and gain equity in the property. All the tenant gets out of the deal is the great privilege of not being homeless and having the rent raised on them reliably every year for nothing more in return. You wnat to make money from investments, roll the dice on the stock market, don't ransom a basic necessity of life.
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You really don’t have any idea what your talking about do you?
 
They got a radio ad running in California right now telling tenants to apply for financial coverage for rent paid for by our tax dollars, and they have the nerve to make a point of saying "We will not ask for proof of citizenship" in the ad. Here I am working the whole time of this pandemic and paying my rent on time every single month. Silly me.
 
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