Posted on 02/05/2021 11:57:36 AM PST by SeekAndFind
Yes. I wonder how many of these tenants have premium internet, cable, payments on $60,000 cars, payments on one or two thousand dollar Apple or Samsung phones, eat out every day, Starbucks Coffee, shop for snacks at Whole Foods, maxed out credit cards, etc.
They should develop a taste for bologna or PB&J, and learn to read books from the library. Suck it up and act like an American and not a Eurowimp. Tough it out. It's totally doable, and each day you wake up stronger, and more appreciative of our wonderful country. Even Americans who live modestly are way better off than 90% of the rest of the world.
Waddya bet they still want you to pay the property tax, even though you have no way of collecting rent. And when you don’t have the means to pay they just confiscate it!
Thievery in it’s finest form!
The stimulus bill from december allocated 25 billion to the states for renters who can not pay rent. Those facing eviction would be placed at the top of the list. Landlord is smart getting these eviction notices on record.
“Nobody besides tenants is worse than landlords, & vice versa.”
Yes, they deserve each other.
“landlords own property and when tenants won’t, can’t or don’t pay - landlords have to”
The pols are OK with eviction moratoriums, but property tax moratoriums? Yea, right.
And most have a mortgage on the property as well. Add insurance too.
A silly question that I wish only liberal progressive to answer. In the past I had rental property and thankfully not today. I hated the problems of past rent due and damage to my property.
Question to progressive liberals, I call them Marxists. I must meet a payment to the bank for my once successful house or apartment I was renting. The government says I can not evict you if you are past due. My bank sure as hell wants their payment. My bank will then most legally take my property.
I am screwed and thus my property is taken.
Aaaah, so now we know.
Landlords have bills, too. There's property tax. There's utilities. There's maintenance. There's lawn care.
"So what. Landlords are rich, they own property, let them carry the costs."
If landlords go broke and have to sell the property, the tenants will be kicked out.
"Well, once again, so what. The rent moratorium has already set the stage. Once you limit the return it's easy to reduce the return to zero. Additionally, the foreclosure process can take years in the US. A squatter complicates the process. If a "tenant" doesn't have to pay rent by government order, what makes you think the government will allow them to be evicted in a foreclosure action?"
If you can't pay your rent, then downsize. It's the same old story crying because the kids have nothing to eat but the parents are out buying new shoes for themselves.
"Okay, you are making too much sense again. You use logic, reason and common sense in your argument. Such rhetorical devices are moot today. "
I have first hand experience with government limiting the return on income property. It's called rent control. There is no market or common sense for rent control, it is based on the simple fact that there are more tenant voters than landlord voters. If you steal the landlord's property, nobody will care much.
The Wuhan (CCP flu) has provided a risk free way for politicians to benefit tenants. THEY DON'T CARE IF LANDLORDS LOSE THEIR PROPERTY. Landlords are collateral damage in the present revolutionary times.
You can name 20 cities that are dying under democrats. And at least a dozen states. My advice, get out. It will be a long time before things get better. It might take a generation.
Sell your real estate in those cities and states while you still can. Take you money and get out.
Update—I just read an interesting article that says lawyers are telling landlords to eliminate their twelve month leases and go to month to month leases on renewals and new leases.
Then they can remove tenants when their lease expires.
That also means they can quickly raise the rents if inflation hits....
Expect to see an explosion of month to month leases—and a major increase in homelessness.
As usual—the market adjusts—and often in ways the “planners” least expect.
Takings clause of the 4th Amendment says it is illegal. Same with business closing and prohibitions on other types of business.
No less a source than the a$$holes at Harvard agree, and Thomas and Kagan both agree and wrote a majority opinion on the clause:
https://scholar.harvard.edu/jsinger/takings-clause-applies-to-physical-seizure-of-personal-property
Nobody in this farce has the right to do any of what they are doing to business WITHOUT COMPENSATION.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.