NYC Landlords Suing Pandemic-Slammed Small Businesses by the Hundreds for Missed Rent

[jonbenson]

Originally Posted by mathjak107

the problem is landlords want to come out unscathed like life as usual while the rest of the population takes all kinds of income hits from what they do for a living.

it likely ain't going to happen that way .

it is like those that have this vision of buying crashing real estate and don't realize real estate doesn't crash in a vacuum . it takes pay , jobs and the economy with it so we are all in this together

Everything has to balanced and flexible

[mathjak107]

Originally Posted by jonbenson

Everything has to balanced and flexible

landlords have to realize like so many others are seeing , income cuts through this are quite common to so many business owners and workers ...there is little chance any profession is going to come out whole without concessions made and that includes those who chose to go in to real estate .

they sit up at the top of the food chain expecting to be un-touched but when the base below them is crumbling they too have to make concessions and feel the effects .

[Mr.Retired]

Originally Posted by mathjak107

the problem is landlords want to come out unscathed like life as usual while the rest of the population takes all kinds of income hits from what they do for a living.

it likely ain't going to happen that way .

it is like those that have this vision of buying crashing real estate and don't realize real estate doesn't crash in a vacuum . it takes pay , jobs and the economy with it so we are all in this together

Excerpt: those that have this vision of buying crashing real estate
Response: Opinion

Agree............100%

I have no sympathy for gamblers.



Excerpt: we are all in this together

Disagree........100%

I did not vote for this mayor, his party and am not affiliated in any way with socialist ideologies.


I don't mind giving a leg up to someone in need but supporting?
Like I said......I have paid for a family of 4 for the last 45 years in taxes
and I still have yet to meet them or receive a Thank you card in the mail.