Posted on 08/03/2020 6:56:51 AM PDT by ChicagoConservative27
At the beginning of the year, it looked like Jeremy Miller and his 9-year-old daughter were finally going to have a home of their own. Theyd been homeless and relying on family, shelters and motels for housing. But hed found stable work in the Kern County oil fields and had enough money for an $875-a-month, two-bedroom rental in Bakersfield.
They moved into the apartment in March, and Miller lost his job within days. The pandemic caused a worldwide drop in demand for oil, triggering mass layoffs in the oil patch. Miller tried to find other work through a temp agency, but there were few jobs. Plus his daughters school closed down, making it even harder to take work.
He couldnt pay the rent. He started to get calls from the apartment managers and letters taped to his door telling him he was late on rent. In April, he got a notice threatening eviction if he didnt pay.
(Excerpt) Read more at latimes.com ...
The bottom has to fall out of many RE markets eventually, may as well get it over - typical renter who lives paycheck to paycheck isn’t going to suddenly be able to make 4-5-6 delayed rent payments all at once, once the moratorium is lifted.
Personally, I am looking to buy and move to a retirement house someplace on the water (maybe FLorida), and a few tens of thousands of former AirBNB houses coming on the market from desperate folks looking to unload their 2nd 3rd and 4th homes would be good for buyers like me - lets start that process soon.
Marxist math doesn’t add up. Perhaps the state can run a scheme where they phony-up the books by paying property tax to themselves but that doesn’t garner them actual income.
So the landlord is supposed to provide free rent.
What about his bills. Does he get to not pay his bills, including property taxes.
Yea, didn’t think so.
California may want to become Communists but there are 49 other states to flee too.
Gosh, it almost seems coordinated.
And the imbeciles keep electing the criminals.
Newsom can’t even pay his own property taxes, and they want him to protect people from eviction?
I dont see hundreds of thousands of illegals moving south, so it cant be all that bad.
Newsom owes more then $20,000 in property tax bill.
I hope he gets evicted.
https://www.redstate.com/jenvanlaar/2020/08/02/hypocrite-gavin-newsoms-delinquent-property-tax-payment-history/
BTW he got a free house and was able to get millions from it tax free.
Also this:
NorCal business founded by Gov. Newsom received up to $350K in federal coronavirus aid
https://ktla.com/news/california/norcal-business-founded-by-gov-newsom-received-up-to-350000-in-federal-coronavirus-aid/
He is worth $20 million working for the public good...
Gavin Newsom is a career public servant and multimillionaire businessman. Heres how he has made his wealth
https://www.latimes.com/politics/la-pol-ca-gavin-newsom-business-20181028-story.html
I thought there was some kind of mortgage moratorium.
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