Posted on 08/09/2023 6:27:43 AM PDT by ChicagoConservative27
The Biden administration unveiled new protections for renters last month, including efforts to address incorrect tenant screening reports and offer better advance notice of evictions — important first steps to tackling our country’s housing crisis. The White House now has a significant opportunity to build on this announcement and bring relief to millions of households across the country with a new national rent control policy.
Following a wave of historic tenant organizing, the Federal Housing Finance Agency (FHFA) — which oversees government-sponsored enterprises that provide home loans and mortgages to landlords — is exploring ways to enact and enforce tenant protections in government-backed housing. Critical among them are limits on rent increases, with the potential to benefit a third of renting households. The federal government should take this historic action, because regulating rents is one of the most effective tools to alleviate our housing crisis, immediately.
(Excerpt) Read more at thehill.com ...
Step brother of Dr. Zhivago clears out the rabble Communists that now live in the former home of Zhivago’s wife. 17 families in a middle class Moscow townhouse! THAT is our future, folks if we continue to massage the quasi-govt banksters interfacing with “private” bankers with special rates.. all of them under the thumb of the PRIVATE bank— the Federal Reserve that continues to consolidate all wealth to... the govt. administration not to the govenment of the People by their consent.
Here is Yevgrav giving the facts of Communism to these victims of former wealth:
https://www.youtube.com/watch?v=mq__Z-Z_Ofs
What the government might do is to built limited access highways extending out from the existing fringe and as far in as would be modest in cost.
The 19th Century method was to build streetcar lines. Light rail might be made the 21st century alternative.
“As I announced yesterday, we will hold a competition to build new freedom cities on the frontier to give countless Americans a new shot at home ownership and the American dream. It’s such a wonderful, beautiful thing. I’ll challenge the governors of all 50 states, all 50 states, to join me in a great beautification campaign.”
https://www.rev.com/blog/transcripts/trump-speaks-at-cpac-2023-transcript
Make America commie again. 😉
Homeowners with equity could borrow directly from ordinary people.
The monthly finance meeting of the North Ridge Homeowners Association is called to order.
I would like to remind everyone that if a note is called by a mortgagee within 30 days of maturity the rate on the note goes up by .1% monthly until refinancing is arranged. A house only get sold out after five years of such increases when no replacement financing is obtained by the mortgagor.
Mr. Black, you are first.
My financial background form is by the top right corner of the posting board. I have a house tax assessed at $450,000 and have a $350,000 mortgage I’d like to replace with lower cost financing.
Drop in your offers at 4.5% or less for three years or more in the box.
Going once, twice, three times.
That’s $50,000 short.
Drop in your offers at 5% or less for three years or more in the box.
Going once, twice, three times.
I’ll take Mr. Green’s $20,000 at 4.75% and $30,000 of Mr. Silver’s $50,000 offer at 5%.
Mr. White, you are second.
I have a house tax assessed at $510,000 with $260,000 of mortgage notes. Two of those for a total value of $50,000 have been called.
Going once, twice, three times.
Drop in your offers at 4.5% or less for three years or more in the box.
I’ll take Mr. Grey’s $50,000 at 4.48%
Did you say “private property”? Silly you! There is no more private property in the USA. You only think you own it. The government actually owns it - you just pay the taxes, mortgage, utilities, maintenance and the insurance.
We’ve got 1.5 feet in communism already. 4 more years of biden or newsome and it’ll be two feet up to the ankles.
Hello, Mr. Landlord, we’ve heard apartment 3 is vacant.
It’s not ready for tenants yet. It’s got issues.
Gee, aren’t you asking a lot of money for that beat up furniture?
I need to have extra money to get the apartment fixed up.
As I remember reading, somewhere in Colorado they capped the resale prices of certain housing units.
When they come up for sale the housing units generally need a lot of expensive work.
$119,000
3 bed
1.5+ bath
2,161sqft
5,079sqft lot
$99,000
3 bed
1.5+ bath
1,743sqft
https://www.realtor.com/realestateandhomes-detail/2852-Mayfield-Rd-3_Cleveland-Heights_OH_44118_M43676-86877
$150,000
4 bed
1.5+ bath
1,829sqft
6,970sqft lot
https://www.realtor.com/realestateandhomes-detail/3881-Meadowbrook-Blvd_University-Heights_OH_44118_M32781-27290
$100,000
5 bed
2.5+ bath
2,891sqft
https://www.realtor.com/realestateandhomes-detail/3147-Whitethorn-Rd_Cleveland-Heights_OH_44118_M32117-82540
$89,900
3 bed
1 bath
2,250sqft
6,961sqft lot
“Newer roof and upgraded electrical in 2021. Roof 2022. Furnace, hot water tank and plumbing installed in 2008. Large master on second. Nice cherry maple cabinetry in the kitchen.”
https://www.realtor.com/realestateandhomes-detail/1532-Luxor-Rd_East-Cleveland_OH_44118_M41235-34758
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