Free Republic
Browse · Search
News/Activism
Topics · Post Article

Full article. I wonder how much of the unpaid rent converted to consumer debt will ever be collected. This amounts to confiscation of property and will discourage the building and maintenance of rental housing. Landlords would rather have a tenant paying something than a vacant apartment and would be willing to delay or reduce rent for tenants that they trusted. So the government should let landlords and tenants work things out instead of clobbering landlords.
1 posted on 09/01/2020 2:50:35 PM PDT by karpov
[ Post Reply | Private Reply | View Replies ]


Navigation: use the links below to view more comments.
first previous 1-2021-28 last
To: karpov

This is one the most evil things ever done in the USA. Lets say a landlord has one or two properties and it is their only income. Lets say they make $1000 a month or less. From that they have to pay the taxes, insurance, repairs on the rental. Plus their own living expenses. Now lets say that even one tenant stops paying. At that the point the landlord can’t even afford to pay the expenses on the rentals let alone there own living expenses.

Forcing such a landlord to pay for that tenants housing is immoral and evil. It is even worse than communism. In the USA it should be as illegal as anything could be. Many such landlords are going to end up homeless themselves. And while they are living under a bridge then they may still be responsible for the tenant.

Beelzebub’s are ruling governments every where.

And let me tell you about judgements. It costs a ton to even try to get one and have it processed. It is usually impossible to ever recover the money. Some states have written the laws to make sure of that.


27 posted on 09/01/2020 4:22:03 PM PDT by Revel
[ Post Reply | Private Reply | To 1 | View Replies ]

To: karpov

I am not a lawyer, but I don’t see how this is Constitutional.

5th Amendment “...nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.”

And don’t forget if there is a lease, then there is a contract involved. Can the legislature simply void contracts?


29 posted on 09/01/2020 4:37:09 PM PDT by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: karpov

I am lucky, no missed rents from my units.
The trick, learned after many years is to wait until you have found quality renters.
It helps that I am willing to keep them empty while waiting for the ‘correct fit’.


30 posted on 09/01/2020 4:51:38 PM PDT by glasseye ("A policeman's job is only easy in a police state." Orson Welles)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: karpov

Bankrupting 10s of thousands of landlords.

It’s what commies do.


31 posted on 09/01/2020 4:58:44 PM PDT by Mariner (War Criminal #18)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: karpov

And imagine if every grocery store had to let people load up there carts and leave without paying. Imagine if the grocery stores could do nothing more than create a list with the sum total of groceries that left the store for a given person. Now imagine if the only way that the grocery store could try to recoop that money is to take all of the “Customers” to court. Get a judgement.. And so on. But the grocery stores could not even do that until the democrats decide it is ok. How long before the grocery stores have to shut down? This is much like what they are doing to the landlords only you have to take it one step further than that to equate with the landlord situation.

When the grocery store goes bankrupt and shuts down then you need to pass a law saying that they still have to provide groceries to anyone who wants them. Make them legally liable to do so.

Pure evil.


34 posted on 09/01/2020 5:04:58 PM PDT by Revel
[ Post Reply | Private Reply | To 1 | View Replies ]

To: karpov

If I die and got to hell, I’ll be a landlord. I’d burn my GD apartments to the ground before I would let this happen.


36 posted on 09/01/2020 5:08:40 PM PDT by Hardastarboard (Three most annoying words on the internet - "Watch the video")
[ Post Reply | Private Reply | To 1 | View Replies ]

To: karpov

People starting new businesses should remember that markets can change in extreme, new ways.


39 posted on 09/01/2020 5:33:39 PM PDT by familyop ( "Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy".)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: karpov

CDC to implement federal eviction ban due to coronavirus
https://nypost.com/2020/09/01/cdc-to-implement-federal-eviction-ban-due-to-coronavirus


40 posted on 09/01/2020 6:12:30 PM PDT by LouieFisk
[ Post Reply | Private Reply | To 1 | View Replies ]


Navigation: use the links below to view more comments.
first previous 1-2021-28 last

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson