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Old 02-28-2021, 05:56 PM
 
Location: Arizona
6,137 posts, read 3,873,488 times
Reputation: 4900

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It is almost out of the old communist playbook.

Authoritarian government that dictates what a property owner can do with his or her property without compensation in many cases.

Dozens of the largest cities in America have double-digit increase in rental prices for those who are in the market for an apartment because of extreme scarcity caused by the rental moratoriums that just continue and just delay the inevitable.

Very strange in the first place that the Centers of Disease Control is regulating apartment and housing rentals.

These rental moratoriums are going to be 12 months at the end of March, Caifornia has 15 month moratoriums on evictions.

What this is doing is causing vacancies to plummet and rents to rapidly increase in much of the country.

Landlords are going to be very selective, many will end up not having the opportunity to rent an apartment in the future that they could have before because landlords will be very selective.

Many landlords who have had their apartment a generation or two will be selling them for extremely high amounts because of low interest rates. The new landlords tend to renovate, have higher property taxes, higher insurance rates and need to recoup the cost of renovate which would cause rents to go up hundreds more on top of that.

https://www.zumper.com/blog/zumper-n...february-2021/

https://www.theguardian.com/us-news/...ne-coronavirus

https://ktvz.com/money/2021/02/27/un...ld-on-forever/

https://www.texastribune.org/2021/02...on-moratorium/

Last edited by lovecrowds; 02-28-2021 at 06:08 PM..
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Old 02-28-2021, 06:32 PM
 
Location: Free State of Florida
4,962 posts, read 2,246,173 times
Reputation: 5851
Quote:
Originally Posted by SlamDank View Post
Damned if you do damned if you don’t. Hopefully in the next century, America is better prepped for a global pandemic.
To help landlord and ensure people don’t go homeless.
It is not the landlord's responsibility to mitigate homelessness.

The landlord offers a home to the tenant at a rate and restrictions agreed upon by both the landlord and tenant within the laws of the municipality of the residence. Termination occurs upon violation of the agreement.

The government's ONLY responsibility is to enforce the mutually agreed upon contract within applicable laws.

The federal government is not constitutionally empowered to interfere at any level. Discussion otherwise is pointless.
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Old 02-28-2021, 06:38 PM
 
8,726 posts, read 7,425,664 times
Reputation: 12612
Quote:
Originally Posted by lovecrowds View Post
It is almost out of the old communist playbook.

Authoritarian government that dictates what a property owner can do with his or her property without compensation in many cases.

Dozens of the largest cities in America have double-digit increase in rental prices for those who are in the market for an apartment because of extreme scarcity caused by the rental moratoriums that just continue and just delay the inevitable.

Very strange in the first place that the Centers of Disease Control is regulating apartment and housing rentals.

These rental moratoriums are going to be 12 months at the end of March, Caifornia has 15 month moratoriums on evictions.

What this is doing is causing vacancies to plummet and rents to rapidly increase in much of the country.

Landlords are going to be very selective, many will end up not having the opportunity to rent an apartment in the future that they could have before because landlords will be very selective.

Many landlords who have had their apartment a generation or two will be selling them for extremely high amounts because of low interest rates. The new landlords tend to renovate, have higher property taxes, higher insurance rates and need to recoup the cost of renovate which would cause rents to go up hundreds more on top of that.

https://www.zumper.com/blog/zumper-n...february-2021/

https://www.theguardian.com/us-news/...ne-coronavirus

https://ktvz.com/money/2021/02/27/un...ld-on-forever/

https://www.texastribune.org/2021/02...on-moratorium/
Has nothing to do with communism; why you people always try to equate every little thing to communism?

LL can only be selective to a certain extent before they start having issues filling the vacancies. The market will correct for this. An LL will either have to let it sit vacant, or adjust the standards until it is rented, even if that means lowering the standards by a significant amount.
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Old 02-28-2021, 06:40 PM
 
Location: Sector 001
15,948 posts, read 12,311,156 times
Reputation: 16113
a manufactured global pandemic that was quite overdone.
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Old 02-28-2021, 06:42 PM
 
Location: Free State of Florida
4,962 posts, read 2,246,173 times
Reputation: 5851
Quote:
Originally Posted by k350 View Post
Has nothing to do with communism; why you people always try to equate every little thing to communism?

LL can only be selective to a certain extent before they start having issues filling the vacancies. The market will correct for this. An LL will either have to let it sit vacant, or adjust the standards until it is rented, even if that means lowering the standards by a significant amount.
The market will not correct when the federal government intervenes with unconstitutional moratoriums on evictions and foreclosures. By the very definition, that is market interference.

There are a growing number of LLs that would rather have properties sit vacant than risk non-payment due to tenant transition costs.
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Old 02-28-2021, 09:54 PM
 
Location: MD's Eastern Shore
3,705 posts, read 4,862,670 times
Reputation: 6395
Gee, what will the homeless situation become when many possible future landlords decide to not put their house up for rent because of this nonsense. Personally, my goal was to keep my house in MD as a rental and get a place in FL and move back to the warmth. Not now, this house in MD is going to stay as a residence for mine. Screw renting it out and risk having it destroyed by ungrateful people who refuse to pay but can't be kicked out! I'll probably live in a trailer in FL for 1/3rd of the year because of this BS so I can afford to cover two housing expenses as I won't be having any rent money coming in!
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Old 02-28-2021, 10:47 PM
 
45,646 posts, read 27,268,345 times
Reputation: 23930
Has anyone noticed the government is controlling more and more of society? Here they are telling real estate owners who they can and can't evict.

They are giving people crumbs (Pelosi)... while the elites steer investments towards businesses that will get government government contracts and make money hand over fist.

They are telling entities how and when to operate their business... even though they allow selected businesses to operate.

They are telling families not to educate their kids... even though the elites' kids are getting schooled.

The government will gladly take our freedom away if we don't want it, and will enrich themselves and their families in the process.
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Old 03-01-2021, 12:39 AM
 
Location: Free State of Florida, Support our police
5,865 posts, read 3,307,126 times
Reputation: 9149
Is the federal government going to reimburse the landlords? I think not.
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Old 03-01-2021, 03:19 AM
 
Location: NY
16,148 posts, read 6,889,183 times
Reputation: 12403
Excerpt: Authoritarian government that dictates what a property owner can do with his or her property without compensation


Response: Opinion
I worked my fingers to the bone for 40 years to own a piece
of property that I now must rent out for free?

I'd prefer to keep it vacant...................


Words of advice.

Let the rain,wind and snow that fall upon your head be the kick
in the pants that gets you to go out and work hard for a day's pay
while I'm sitting in the comfort of my own home and safe from the
elements earned through years of sweat equity.
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Old 03-03-2021, 06:29 AM
 
Location: Houston
41 posts, read 24,107 times
Reputation: 129
This is why there needs to be a federal law prohibiting hoarding empty property. You can have home number one but anything over two and it’s 100% property tax. If any properties sit vacant for more than three months, it should be considered abandoned and seized by the government and then auctioned off to people who plan to live in it. Millions of people in this country would love to own their own home and build equity but can’t because people like you all buy extra property you don’t intend to live in, make someone else pay your mortgage, and then ***** and complain when a global pandemic puts millions out of work and into financial strain and you can’t throw them out into the streets to die.
Get a real job if you’re concerned about income. Get a 401(k) if you want a retirement investment. If you don’t want risk, buy a savings bond or open a money market account. Lives should not be ruined and no one should lose their shelter and be thrown to the wolves because of the greed of the landed gentry. It’s nothing more than modern day feudalism. Worse actually because at least those knights and lords generally protected the peasants.
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