Posted on 08/01/2021 4:00:49 PM PDT by Tired of Taxes
Clarence Hamer, a landlord in Brooklyn, on how extended eviction moratoriums have impacted his business
Video at link:
(Excerpt) Read more at msn.com ...
He hoped to leave his investment property to his children, but that might not be possible now.
He is owed more than $65,000 in rent but doesn't expect to ever receive it.
At the end, he drops this shocking piece of information: His tenant was subletting the apartment, collecting the rent from the subletter, and still not paying any rent to the landlord!
That should be crinkle fraud.
Criminal, not crinkle.
Not sure why Chris came to mind.
Thanks. I was just about to look up “crinkle fraud” to find out what it was. :-)
I see abandoned buildings.
I see Abe Beame.
Leftists never get it. Punish capital, and your economy will descend into destitution.
I type one thing, my phone types another.
I smell a wonderful business opportunity here for some "organization" to come together and for a small fee, provide "protection" to these landlords in exchange for collecting the back rent due from their tenants.
Imagine having a tenant that for 3 months did not even live there. They were living somewhere else. They did not pay rent. They could not be evicted. Then they came back.
I can only pray someday that the these officials have to answer for their crimes in a court of law. But as the courts are every bit as corrupt then I doubt that will ever happen.
Since cash is fungible, instead of giving people a lump sum to take the kids on a vacation, they should have set up a program where the money went to paying a landlord their rent so that burden didn't fall on the tenant to deduct housing costs from what cash they had coming in.
I suppose in the end it's no different than the homeless addict in a city like San Francisco: given the choice between giving them a gift card for meals at McDonalds and the cash, they always took the cash and then complained about going hungry.
Given the choice between having their rent/mortgage paid and getting the cash, these tenants prefer the cash and then complain about losing their housing.
-PJ
DC needs the maximum number of excuses to hand out vote-buying paper.
Back in the day there would be a lot of baseball bat induced shin bone fractures over bad debts! Capisci?😎
That would've made far more sense.
It would seem to me the subletting tenant would be exempted from paying his “land-lord” too.
They don’t want you to own anything that makes a profit
The Democrats defunded your landlord. When the landlord loses the property a bank will take it over.
No matter how bad your landlord was, you will like the bank even less.
This is how you destroy the middle class.
They are taking out property owners.
As far as I can tell, there are no provisions to help property owners who are not getting rent. I haven’t seen any stories saying there are.
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