Effects of AB1482 (rent control) already being felt (Oakland: tax lien, sale)

[Ultrarunner]

I firmly believe many who previously were not aggressive on rents have been awakened...

The choice/option has been removed so better get with the program or get out.

The old property management saying it is not if the rent is going up but how much it is going up rings truer than ever.

This happens when you have people that have never owned, operated or maintained rental property dictate how it is going to be.

My much older and wiser friends have steadily transitioned away from anything with a bed... they are heavily invested in commercial, industrial and institutional holdings where transactions are business to to business.

Maybe the end result will be a shift to the mega companies with few players dominating residential rentals?

I provide quality residential rentals but have also transitioned out of residential over the last 20 years... I would go so far as to say that even those where it was necessary to evict would say they have been treated fairly...

We all loose when it all goes corporate with hired managers and the personal relationships are no more...

[JGC97]

Very true, Ultrarunner. This "thing" that's happening is also affecting people who buy a manufactured home in a park. They own the home but lease the land. It's happening there, as well. Park owners are raising the rates again and driving a number of residents out. Mostly the elderly who have little leeway as to what they can afford.

It's always better to own the home AND the land beneath it. Always!

[expatCA]

Originally Posted by HereOnMars

Very true, Ultrarunner. This "thing" that's happening is also affecting people who buy a manufactured home in a park. They own the home but lease the land. It's happening there, as well. Park owners are raising the rates again and driving a number of residents out. Mostly the elderly who have little leeway as to what they can afford.

It's always better to own the home AND the land beneath it. Always!

As long as you can pay the property taxes. No one really owns the land due to the taxes and emanate domain. You rent it.

[JGC97]

Originally Posted by expatCA

As long as you can pay the property taxes. No one really owns the land due to the taxes and emanate domain. You rent it.

Don't be obtuse, expatCA. Taxes are a way of life and have been since the country first settled. So let's not get silly about it. Sheesh.

And yes, you absolutely do own the land and the house that sits on it. Taxes on that property are to used - or supposed to be used - to pay for things in the community. Libraries, hospitals, schools, parks, Etc. If you don't pay the taxes, they won't throw you out. They'll simply put a lien on your property. They'll get the money when you sell. They always get the money.

[expatCA]

Originally Posted by HereOnMars

Don't be obtuse, expatCA. Taxes are a way of life and have been since the country first settled. So let's not get silly about it. Sheesh.

And yes, you absolutely do own the land and the house that sits on it. Taxes on that property are to used - or supposed to be used - to pay for things in the community. Libraries, hospitals, schools, parks, Etc. If you don't pay the taxes, they won't throw you out. They'll simply put a lien on your property. They'll get the money when you sell. They always get the money.

Well it is true property taxes have been around since colonial times.


However eminent domain is a Gov't right and while you get paid it also means you have no choice in the matter.


This has happened a few times in the last 20 years ejecting people from long tome homes and the price was not enough for them to buy in their neighborhood or even the same city. Hurt them, but no choice.

[opossum1]

Originally Posted by HereOnMars

If you don't pay the taxes, they won't throw you out. They'll simply put a lien on your property. They'll get the money when you sell. They always get the money.

What about tax auction sales? You can get thrown out for not paying taxes, though may be not in every single jurisdiction.

Originally Posted by Ultrarunner

Maybe the end result will be a shift to the mega companies with few players dominating residential rentals?

Yes, it will. It'll also have heavy consequences in terms of who'll be elected, including presidential elections on the long run... Call it "digging own grave", for certain entities and interest groups. They better pray there'd be no re-education camps for their top leadership or something, at the end, though I'm pretty sure they have their plan B landing pads ready in South America

[JGC97]

Originally Posted by expatCA

Well it is true property taxes have been around since colonial times.

However eminent domain is a Gov't right and while you get paid it also means you have no choice in the matter.

This has happened a few times in the last 20 years ejecting people from long tome homes and the price was not enough for them to buy in their neighborhood or even the same city. Hurt them, but no choice.

Yup. It's the government's right to do that but it isn't as common as you think. You really should research more to find out just how often it's used and for what purpose.

When it was decided to build the 205 bypass next to my little town, a number of homes were affected. However, the bypass was necessary for the public. Until then, traffic through the center of town was bumper to bump on Friday and Sunday.

The homeowners, at least the ones in this instance, were paid fair market value for their home and land. A few who were just on the outskirts of land the government was trying to acquire decided to stay. Those people (or subsequent buyers) must now deal with freeway noise and pollution from vehicles, not to mention it's had a detrimental effect on their home value. No one is thrilled to be living by a freeway so those were the ones who didn't benefit by it. That's progress. Consider it Spock Logic. https://youtu.be/Xa6c3OTr6yA

[JGC97]

Originally Posted by opossum1

What about tax auction sales? You can get thrown out for not paying taxes, though may be not in every single jurisdiction.

Are you talking about property tax or income tax? Those two are handled differently. The federal government isn't as patient as county government. It also depends on where you live. Some counties are more aggressive than others when it comes to collecting. In my county, they simply place a lien on your property.

[opossum1]

Originally Posted by HereOnMars

Are you talking about property tax or income tax. Those two are handled differently. The federal government isn't as patient as county government. It also depends on where you live. Some counties are more aggressive than others when it comes to collecting. In my county, they simply place a lien on your property.

I'm talking about non-payment of property tax on a real property and related tax auction sales. County or town can foreclose. Yes, depends on how jurisdiction chooses to handle this. Sometimes they'll let you have the property if you pay the back taxes owed by the owner. Apparently, in some states they decided to auction off half of the town in some cases. You live in the nice county.

[JGC97]

Originally Posted by opossum1

I'm talking about non-payment of property tax on a real property and related tax auction sales. County or town can foreclose. Yes, depends on how jurisdiction chooses to handle this. Sometimes they'll let you have the property if you pay the back taxes owed by the owner. Apparently, in some states they decided to auction off half of the town in some cases. You live in the nice county.

I don't know if I live in a "nice" county or not but I know that selling the property is the last thing it wants to do. At some point, an ongoing tax delinquency could end up with the county actually owning the home, because of the amount owed on taxes. They may choose to sell it at that point in time but, as you say, the owner has the opportunity to pay the back taxes to release the lien on their property.
Also, as you said, it is at the discretion of the county involved.