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Pelosi turns tables on White House, urges eviction ban extension
Politico via Yahoo ^ | August 1st, 2021 | Katy O'Donnell

Posted on 08/02/2021 9:25:20 AM PDT by Mariner

Speaker Nancy Pelosi and her leadership team on Sunday urged President Joe Biden to immediately renew and extend the eviction moratorium until Oct. 18 after House Democrats failed to marshal the votes to prevent its lapse this weekend.

Pelosi, Majority Leader Steny Hoyer (D-Md.), Whip Jim Clyburn (D-S.C.) and Assistant Speaker Katherine Clark (D-Mass.) issued a joint statement Sunday night putting the ball back in the Biden administration’s court, after the White House on Thursday said it could not extend the eviction ban and urged Congress to do it.

“It is clear that the Senate is not able to [extend the ban], and any legislation in the House, therefore, will not be sufficient,” the senior Democrats said. “Action is needed, and it must come from the administration."....

The lapse of the moratorium this weekend meant millions of tenants around the country faced the risk of losing their homes. About 7.4 million adult tenants reported they were behind on rent in the latest U.S. Census Bureau survey, which was taken during the last week of June and the first week of July. About 3.6 million tenant households said they were “somewhat likely” or “very likely” to face eviction over the next two months

(Excerpt) Read more at yahoo.com ...


TOPICS: Business/Economy
KEYWORDS: bideneconomy; covid19; eviction
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To: Mariner

Black Rock and Chinese investors will swoop in and pick up those properties.


41 posted on 08/02/2021 10:30:15 AM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
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To: Mariner

Why don’t they just make it illegal to charge people rent and completely collapse the rental market entirely?

The actual result of this is that individual families will no longer play much of a role in the rental market. They’ll sell their rental properties to large players who can ride out extended storms like this. Those large players will do the bare minimum for their renters as required by law. They will extend only the flexibility required by law. They will charge as much as the market will bear. They will have no compassion. They will do everything they can to maximize their profits regardless of how it impacts the people renting from them. And in any dispute between renter and landlord, the renter will face off against an army of attorneys in court who will absolutely bury them.

Anyone who doesn’t own property is about to become a second-class citizen with a whole lot worse experience with housing. Families operating rental properties do a TON for their renters. That’s all going away. Thanks to the Democrats.


42 posted on 08/02/2021 10:30:58 AM PDT by 2aProtectsTheRest (The media is banging the fear drum enough. Don't help them do it.)
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To: a fool in paradise

They absolutely will. There is massive consolidation underway right now in the rental property market and renters are in for a VERY rude awakening when you can’t find a rental owned by a family anymore.

Black Rock will gladly operate as much like a slum lord as its lawyers can possibly sustain in court. And anyone who complains in court will be absolutely buried by an army of attorneys and then blacklisted from renting anywhere.


43 posted on 08/02/2021 10:33:12 AM PDT by 2aProtectsTheRest (The media is banging the fear drum enough. Don't help them do it.)
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To: Skywise

The banks and their Chinese creditors own Joe Xiden. The blm/antifa mobs own Nancy Pelosi. This is mostly kabuki theatre to entertain the masses.


44 posted on 08/02/2021 10:36:03 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: Myrddin
Net income might actually occur for 2021.

Aha! You are a bloody kulak!

45 posted on 08/02/2021 10:38:49 AM PDT by 17th Miss Regt
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To: Skywise

To be fair, that’s remarkable stability. In the last few years I rented, I saw my rent increase every single year, sometimes by up to $100/month. But if I looked around for another place to rent, it was going to cost $200/month or more above what I was paying, plus the cost of moving.

If you want some level of predictable long term cost stability in housing, you need to buy (recognizing that’s not always an option for various reasons).


46 posted on 08/02/2021 10:39:31 AM PDT by 2aProtectsTheRest (The media is banging the fear drum enough. Don't help them do it.)
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To: Revel

“So why are there no lawyers at least pushing this up to the corrupt USSC on these grounds?”

They already did.

And lost.

Kavanaugh sided with the liberals. Though he did add a line in his opinion that the ban was set to expire on July 31st...and could not be extended without a congressional act.

With that vote, and opinion, Kavanaugh eviscerated the 4th and 5th Amendments.


47 posted on 08/02/2021 10:43:08 AM PDT by Mariner (War criminal #18)
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To: 2aProtectsTheRest

I agree - but the building isn’t full and they never increased rates even as more and more apartments were built up around the town over the last few years.

I really think the only reason the rates went up was because of the eviction moratorium and they’re having to cover costs. (Also inflation)

I have been looking into housing but all the house prices have nearly doubled in my area as people look to escape the cities.


48 posted on 08/02/2021 10:57:34 AM PDT by Skywise
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To: unclebankster
My long term game plan is for the 2nd house rental income to cover property taxes for my primary residence and the 2nd house. After retirement, my state income tax drops enough to fall below the $10k limit, so the property tax deduction is back in play. Any net income off the rental is subject to a lower tax due to lower AGI. That planning isn't in play until 2022 at the earliest. I expect many changes that will require adapting the financial plans before that time.
49 posted on 08/02/2021 10:59:56 AM PDT by Myrddin
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To: caww

yup. and those of us that paid our rent/mortgage by any legal means we had will get stuck with the bill.

at what point when do we say “f this” and revolt or get in the wagon?


50 posted on 08/02/2021 11:03:16 AM PDT by cableguymn (We need a redneck in the white house.... But the fact checkers said the story was false!)
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To: Openurmind

More importantly what do Amy Coney Barrett and Brett Cavanaugh think of the monsters they also helped create?


51 posted on 08/02/2021 11:27:29 AM PDT by Blue Highway
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To: Blue Highway

True, but the communist cabal already started long before they got there.


52 posted on 08/02/2021 11:39:54 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: woodbutcher1963

That’s good. Nancy’s husband Paul Pelosi, who owns a big SF real estate firm, probably got on her case.


53 posted on 08/02/2021 11:40:02 AM PDT by livius
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To: Mariner

Way back before people thought government should save them from all inconveniences and problems, if people could not afford the rent, they usually moved, often to a cheaper place. They also could take a second job, borrow money from family, move in with family or friends, or have someone move in with them to share the rent. Maybe you moved farther out of town or to a different town. People did not expect to live in a place if they couldn’t pay their rent.

Now there is a right to everything, including the right to live wherever you want to live.


54 posted on 08/02/2021 1:44:44 PM PDT by Pining_4_TX (O Lord, our Lord, how majestic is your name in all the earth! Psalm 8:9)
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To: G Larry

Just wait. She will be POTUS pretty quick.


55 posted on 08/02/2021 1:56:13 PM PDT by oldasrocks
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To: oldasrocks

That should have been your post to the “What/When will the SHTF?” thread the other day.


56 posted on 08/02/2021 4:55:02 PM PDT by G Larry (Force the Universities to use their TAX FREE ENDOWMENTS to pay off Student loan debt!!!)
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To: Mariner

It was my understanding that the case had to do with the CDC not having such authority. I did not hear that it was about the 4th Amendment. But I could be wrong.

Of course having the USSC saying that Congress could do it is just like trashing the 4th amendment.


57 posted on 08/02/2021 7:19:45 PM PDT by Revel
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To: Revel

“Of course having the USSC saying that Congress could do it is just like trashing the 4th amendment.”

And the 5th, under just compensation for government takings.


58 posted on 08/02/2021 7:25:47 PM PDT by Mariner (War criminal #18)
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