[Dilbert San Diego]

Wow, things may get ugly. So now there are demands to cancel rent.

Wouldn’t there be a major economic upheaval in housing, if suddenly tenants didn’t have to pay rent?

Next up, demands that mortgages don’t have to be paid.

Then maybe demands for free food and free Netflix will be next.

And in states where legal, free marijuana.

[Lockbox]

Government canceling private property owners rental income, mmmmmm think there is a taking clause in the Constitution. Gee you think California could cancel landlords property taxes?

[Ouchthatonehurt]

Rent in privately owned buildings?

[cuban leaf]

Next up, demands that mortgages don’t have to be paid.

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My sister bought a house just before the 2008 housing collapse. She never so much as paid a single months mortgage after the second month. She’s been negotiating with the bank ever since - while remaining in the house. She finally left about 8 months ago.

She was in the real estate finance business and knew how the system worked. But she lived in a house for free for over a decade. When loans were bundled for resale on the investment market, a lot of deeds and promissory notes (the two sides of a mortgage) were separated, making it very difficult for banks to prove they had standing regarding note payments. My sister exploited that.

[Karma_Sherab]

Wouldn’t there be a major economic upheaval in housing, if suddenly tenants didn’t have to pay rent?

Owners that don't have to pay mortgages, buildings that don't have to be repaired.....