Gov. Newsom's new bill allow tenants to pay only 25% of rent due (Fortuna: apartments, renter)

[Mike930]

Originally Posted by joosoon

The amount owed is deferred until March 31, 2022.

So then what? If people are already a few months behind, unless some windfall comes their way, they'll still be behind next year.


edit: reading the bill, it looks like it only covers rental agreement payments going forward of August 2020.

March 2022???

LOL, as you said, anyone that gets that far behind is not likely to pay. Then the landlords get stuck holding the bag.

What a joke.

[tikkasf]

Originally Posted by Mike930

March 2022???

LOL, as you said, anyone that gets that far behind is not likely to pay. Then the landlords get stuck holding the bag.

What a joke.

"The California Apartment Association, the premier landlord lobbying group in the Capitol, has endorsed the proposal, while eagerly awaiting a federal hand flush with cash. "


https://calmatters.org/housing/2020/...eviction-deal/

[Mike930]

Originally Posted by tikkasf

"The California Apartment Association, the premier landlord lobbying group in the Capitol, has endorsed the proposal, while eagerly awaiting a federal hand flush with cash. "


https://calmatters.org/housing/2020/...eviction-deal/

Thanks. That’s different. The landlords can pursue all rent as of March 2021, not 2022. That may be doable for the corporations, but the smaller landlords may be screwed.

Five months of 75% of your rent would be hard to pay if someone lost their job. It seems like this just delays the inevitable.

[joosoon]

The bill would exempt landlords who are owed money under the program to be free from small claims court restrictions (dollar amount/number of cases) after that date. And that part would be in effect for four years, which is the SoL for written contracts like a rental/lease agreement.



That's not much of a compromise. Being able to pursue money owed, even winning a judgment for it, is meaningless if that person is destitute and jobless. Those are the sort of judgments which get sold to the junk debt buyers for pennies on the dollar.

[tikkasf]

Originally Posted by joosoon

The bill would exempt landlords who are owed money under the program to be free from small claims court restrictions (dollar amount/number of cases) after that date. And that part would be in effect for four years, which is the SoL for written contracts like a rental/lease agreement.



That's not much of a compromise. Being able to pursue money owed, even winning a judgment for it, is meaningless if that person is destitute and jobless. Those are the sort of judgments which get sold to the junk debt buyers for pennies on the dollar.

Or are on SSI and/or pension income. Recall OJ had a judgement against him. But, his football pension was shielded by law from garnishment







https://www.sfchronicle.com/politics...a-15528629.php

[SFBayBoomer]

Originally Posted by HB2HSV

I got this in the email just yesterday. It is shocking to me that a Governor can do this. I understand he proposed this at a last minute designed to sneak through the legislation. The State of California is officially a Socialist State now.

What is a small mom & pop landlord suppose to do if this bill passes? They will have no choice but go into forbearance/ foreclosure.

What is your definition of a "small mom & pop landlord"?

Are you one?

[HB2HSV]

Originally Posted by SFBayBoomer

What is your definition of a "small mom & pop landlord"?

Are you one?

Small (less than 5 units) multifamily residential rental which consists 50% of California Landlords. Most of which carry mortgages on their rentals.

Yes I am one.

[mgforshort]

Here comes the hypocrisy.
Evicting a tenant in normal times can take 1 to 3 months. With the virus now it is almost impossible.

The University of Chico ( we live 15 miles from them) is evicting students from campus housing with a week's notice because 30 students have been tested positive for the virus. They might be from another state and now they need to find off-campus housing in a week.

To put this in perspective, the population of Butte County is about 200 K. Half the residents, or 100 K live in Chico. The entire economy of Chico is based on the money received from the students for tuition, housing, food and so forth.

Butte County has 1,900 positive with Covid and 20 deaths so far.

Imagine if private landlords would order an entire apartment complex vacated because a few tenants were infected. They would be lynched in public. But a University can close the campus, order everyone to study online, and get away with it. I couldn't find a worse example of hypocrisy anywhere.

[evening sun]

Originally Posted by Mike930

March 2022???

LOL, as you said, anyone that gets that far behind is not likely to pay. Then the landlords get stuck holding the bag.

What a joke.

I agree, people who are having problems paying the rent now, are not going to miraculously come up with the thousands of dollars they will owe by March. Why can't the expanded unemployment benefits cover rents?

[k374]

what do you expect in a socialist state? either accept this kind of thing or move... I don't understand the constant whining by these landlords, the state is socialist and geared towards giving freebies to the poor... if you don't like that climate then don't become a landlord in CA.