Posted on 06/27/2021 7:20:17 AM PDT by george76
Where’s the litigation? Dems have the ability to formulate an action plan, go judge shopping and will produce an injunction on projects they despise before the ink on the policy paper has dried. It makes no sense our side is so impotent.
same?
All by design. The Feral government has become a monster that operates for the benefit of the wealthy and those with political power. Small businesses and individuals are of no consequence whatsoever to the leviathan. You exist merely to support the state. If you do not support the state, it will send its agents to kill and enslave you.
Please add me - thank you.
“What there is going to be a tsunami of is a loss of naturally occurring, affordable housing, because small landlords are going to sell their properties,” said Hunter.
—
...and that is why FedGov is holding onto the moratorium; to destroy small landlords. Large landlords, who have no doubt contributed to the “right politicians”, can then pickup the rental properties at distressed prices.
It would a valid question if we still had any semblance of the rule of law in this former republic.
Small biz, small landlords...
Looks like enemy action to me.
Just when you think (as I did) you’ve heard all possible horror stories about rentals, along comes a pandemic and a dystopian govt decree against evictions.
I invest in real estate; started learning from listening to my folks, before they even noticed I was paying attention. Once they noticed they soon warned me against renting to residential tenants. And with just one exception carefully selected, I have heeded the warning.
Meanwhile, several acquaintances of mine didn’t get the warning anywhere. In the past year they’ve been utterly ruined. They bought multiple-unit buildings, cheap; renovated; stocked them with tenants; and then covid.
As a general rule of thumb, you should drive like every other driver out there is dangerous, drunk, mean, texting, or insane; IOW drive defensively; and likewise you should be wary of tenants. They’re not all bad, but don’t put your life in their hands.
Commercial rents are safer by far. No pay no stay.
Or buy single-family properties and use a contract for deed — not a rent-to-own. They can move in with a fat deposit but they are buyers, not tenants. They pay regularly, and the longer they pay the more they have to lose if they don’t pay. And if they don’t, there’s no foreclosure proceedings because you still have the deed.
While no one could have foreseen the moratorium, conventional renting was already an extreme sport.
There’s no excuse at this point. The fear was everybody would be locked down and there’d be no jobs. That doesn’t meet reality. There’s loads of available jobs.
This is now a clear cut violation of the rights of landlords.
Right after the last stimulus payments went out I was in Vegas. Sitting at Keno machines in multiple casinos I heard conversations between people. They were all about how they were there ‘partying’ on stimulus dollars. I only heard one gal who was talking to someone she had run into that she knew say...nah, mine all went to bills.
Democrat scum hate all small business.
Trying to sell? I have a neighbor who is buying a new house and should move in a couple of months. He can’t even put his current home on the market as it will be snapped up quickly and new owners will want to move in immediately.
And even beyond that, NO federal entity, Congress included, really has that authority (though they think they do). It’s a state matter at most.
Wait, I thought one district court ruled against the CDC on this.
You are added. Thanks.
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.
Been there, done that. Tenants that aren’t paying themselves trash units much worse. You get rent, and a trashed unit.
Two UK Commercial Real Estate Funds Shut Permanently, Investors Trapped, as Sector-Wide Exodus Intensifies..
Aegon Asset Management has closed its UK Property Income and Property Income feeder funds, after struggling to raise sufficient cash to meet redemption requests.. The Aegon Property Income fund had £380 million ($531 million) in assets under management and the feeder fund £150 million..
The announcement follows a move last month by Aviva to wind up its property fund and two feeder funds due to the prevailing economic uncertainty and liquidity concerns..
they were given money to pay rent that the landlords never got... screw-em
this is illegal taking.
“I suspect that the entire purpose of the eviction ban was to eventually force the landlords to sell their property at below market...”
The only purpose is vote buying and they don’t care if landlords (who are less likely to vote Dem anyway) get hurt.
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