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‘The eviction moratorium is killing small landlords,’ says one, as ban is extended another month
CNBC ^ | JUN 25 2021 | Diana Olick

Posted on 06/27/2021 7:20:17 AM PDT by george76

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1 posted on 06/27/2021 7:20:17 AM PDT by george76
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To: george76

Commies have always hated landlords, lumped them in with all their other “enemies of the state.”


2 posted on 06/27/2021 7:22:29 AM PDT by Bon of Babble (Rigged Elections have Consequences)
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To: george76

...and here come the Chinese investors. Right on schedule.


3 posted on 06/27/2021 7:25:39 AM PDT by Troublemaker
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To: george76

So, how many rent-hating commies are there in the CDC?


4 posted on 06/27/2021 7:27:04 AM PDT by Tolerance Sucks Rocks (Florida: America's new free zone.)
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To: george76
“In my particular instance the tenant is not cooperating with even completing the application. I’m just a small landlord, and I’m not a big corporation like many of the other large rental organizations, so although the funding is very helpful, if the tenant doesn’t cooperate everything falls apart,” said Simon.

He could always claim that there is a public health hazard in the apartment and get the tenant out that way. I'm sure the CDC, of all places, would understand.

5 posted on 06/27/2021 7:28:54 AM PDT by Tolerance Sucks Rocks (Florida: America's new free zone.)
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To: TEXOKIE; Whenifhow; MileHi; Mr. Silverback; Alamo-Girl; abigailsmybaby; afraidfortherepublic; ...

UN Agenda 21 / 2030 ( Let me know if you wish to be added or removed from the list.)


6 posted on 06/27/2021 7:29:42 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

The smartest small landlord I know has avoided this problem because he never rents directly to tenants. Instead, he signs rental contract with a couple of major employers in his area and rents to them as long-term executive housing.


7 posted on 06/27/2021 7:29:51 AM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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To: george76

I suspect that the entire purpose of the eviction ban was to eventually force the landlords to sell their property at below market value to get out from the debt created by no income coming while having to still pay the mortgage, taxes, and maintenance.

I see something similar in California’s central valley where the government restricts water and increases regulations making farming unprofitable.

Our government has become money making business for the elite.


8 posted on 06/27/2021 7:30:04 AM PDT by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: george76

> The one-month extension of the Centers for Disease Control and Prevention’s eviction moratorium... <

I don’t get it. Since when does the CDC - or even the president - have the power to do that? It would seem to me that only the Congress should have that power. Is this another case of Congress delegating away its authority, in this instance to the CDC?


9 posted on 06/27/2021 7:30:14 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: george76

The CDC does not have the constitutional power to order a rent moratorium. Just as with the stolen 2020 election, the lack of timely action by the courts is fatal to the rule of law in the USA.


10 posted on 06/27/2021 7:34:25 AM PDT by devere
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To: Leaning Right

Among the most unconstitutional things Congress has ever done is to continue to give the EPA & other rogue agencies the power to make rules and regulations with the weight of law.

To make up (Administrative) Laws that could never pass Congress nor Constitutional muster.


11 posted on 06/27/2021 7:36:17 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

So the real beneficiaries are the *big* landlords, who will absorb the hit and be rid of their less prosperous competition.


12 posted on 06/27/2021 7:38:55 AM PDT by Salman (It's not a "slippery slope" if it was part of the program all along. )
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To: Troublemaker
...and here come the Chinese investors. Right on schedule.

And/or Biden's other buddies at Blackstone.

13 posted on 06/27/2021 7:41:13 AM PDT by Mogger
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To: george76

This is where you want to be at the extreme - very low quality renters on Section 8 where the government pays - or the higher end of renters where they are still paying. One of my tenants has been modestly behind on rent since the pandemic hit but they continued to make payments and generally are only 1-2 weeks behind. My other tenants are all on time and have been throughout. I agree with everything in this article though - the government is basically confiscating property without reimbursement and making the hoops to get reimbursement nearly impossible - especially if the tenant doesn’t play ball.


14 posted on 06/27/2021 7:42:03 AM PDT by rb22982 ( )
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To: george76

Yet, the weekend vacation rentals here are booming and booked through Labor Day. Upwards of $1400/night.

Why pay your regular house rent and utilities if you don’t have to? Use your stimulus checks for vacations. Then claim your kids are starving.


15 posted on 06/27/2021 7:44:03 AM PDT by bgill
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To: george76

All according to plan.


16 posted on 06/27/2021 7:44:29 AM PDT by Skywise
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To: george76
The one-month extension of the Centers for Disease Control and Prevention’s eviction moratorium

Where the hell does CDC get the power to meddle in such detailed and private economic affairs?

17 posted on 06/27/2021 7:45:18 AM PDT by PGR88
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To: george76

we’re trying to sell our property right now! Our tenant may buy it so he won’t have to move.


18 posted on 06/27/2021 7:45:21 AM PDT by ronniesgal (so I wonder what his FR handle is???? )
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To: Troublemaker

And Blackrock.


19 posted on 06/27/2021 7:46:16 AM PDT by Eagles6 (Welcome to the Matrix circa 1984.)
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To: george76

The war on the bourgeoisie, the middle class, is a Marxist tradition. The lockdown targeting of small businesses simply could not have been incidental. Stalin killed the kulaks and Mao murdered landowners, and the body count approached hundreds of millions. For the left, it’s an acceptable price.


20 posted on 06/27/2021 7:47:04 AM PDT by Spok (There are many more things that frighten us than can cause us harm.)
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