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Old 08-03-2021, 11:14 PM
 
Location: Vallejo
21,867 posts, read 25,154,836 times
Reputation: 19090

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Quote:
Originally Posted by oceangaia View Post
Can you provide the section of CARES that does that?
Heck no. Ain't got time for it. Things 300+ pages of mostly unintelligible. That and it's probably not even in there and it's based on case law and precedence. You can try though, if you'd like.

https://www.congress.gov/116/bills/h...16hr748enr.pdf

It doesn't matter if it's really in there or not. Lower court found that it was in the authority and SCOTUS affirmed that finding. If the argument is that the both the lower court and SCOTUS erred, I really wouldn't argue that point. I don't have much of an opinion on that. Not my area of expertise. I'd point you in the direction of the legal arguments the Alabama Association of Realtors made and any amicus briefs for a far more cogent argument than I could ever make. Even if I had an opinion, it would be one those "everyone's got one" type opinions. My opinion on what the law should be versus that of an appellate court or SCOTUS isn't worth a whole lot.
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Old 08-03-2021, 11:20 PM
 
1,961 posts, read 701,048 times
Reputation: 563
Quote:
Originally Posted by Malloric View Post
Yes. Trump gave it such authority in the CARES act he signed into law. The question was whether the CDC had exceeded the authority Trump granted to it. The US Supreme Court affirmed that they did not... although it was a sort of wishy-washy ruling that while it upheld the CDC's extension as lawful, in the opinion it explicitly did tell the legislature that they needed to get off their laurels and clean up the crappy work they'd done on the CARES act so it was more clear what authority they intended to grand to the CDC.
Trump again, really
It was the house sitting on their hands, and POTUS was daydreaming. No one cared to do anything before it expired. CDC had no right to do it in the first place.
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Old 08-03-2021, 11:50 PM
 
Location: The Sunshine State of Mind
2,409 posts, read 1,531,035 times
Reputation: 6252
Quote:
Originally Posted by FirebirdCamaro1220 View Post
First off, I equate landlords to drug dealers. They're making money off of people's misery rather than actually improving things. And second off, maybe don't buy that second house to rent it out, so that a family looking for a residence has a shot at it?......
I equate people that make posts like this as customers of the drug dealers mentioned in the above quoted post. And not just a casual customer. More like frequent purchasers that get repeat customer discounts and head of the line checkout privileges.
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Old 08-03-2021, 11:56 PM
 
Location: Vallejo
21,867 posts, read 25,154,836 times
Reputation: 19090
Quote:
Originally Posted by 366h34d View Post
Trump again, really
It was the house sitting on their hands, and POTUS was daydreaming. No one cared to do anything before it expired. CDC had no right to do it in the first place.
Well, Trump signed the first extension of the CDC's moratorium into law himself as well. So apparently he thought they did seeing as how he extended it. The first extension to January 31st was actually legislated rather than made by the CDC. Perhaps he should have been paying attention to what he was signing and less time daydreaming about overturning the election.
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Old 08-04-2021, 02:35 AM
 
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,610,214 times
Reputation: 9169
Quote:
Originally Posted by Aussiehoff View Post
Your principals include restricting assets people can buy and sell, and limiting housing supply(yes that is the end result of what you espouse). Why you think that is possibly good for tenants is unfathomable. You sound like an "idealistic" 15 year old who hasn't grown up.
People and companies who buy multiple homes restrict supply for people who want just 1 home, to actually live in!
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Old 08-04-2021, 04:14 AM
 
Location: Pennsylvania
31,340 posts, read 14,270,262 times
Reputation: 27863
Quote:
Originally Posted by Arya Stark View Post
Me too. I used to think being a land lord was the best investment. Thank god I didn't do that.
I have a realtor as a friend and he's always suggesting I should either become a landlord, or a property flipper. Right....... good call there.......
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Old 08-04-2021, 04:29 AM
 
Location: My beloved Bluegrass
20,126 posts, read 16,163,816 times
Reputation: 28335
Quote:
Originally Posted by FirebirdCamaro1220 View Post
Just because I'm doing well, doesn't mean I've lost touch with my principles or stopped caring about the less fortunate, like so many on here
It is principled and compassionate if you are voluntarily paying someone’s rent for them, no questions asked as to why they can’t pay it, out of the goodness of your heart. It is a total lack of compassion if you are forcing me to pay someone else’s rent. It is even more galling that it is immaterial whether they should be capable of paying it or whether I have the resources to pay it.

My property manager, who only represents small private landlords, has eight units that have paid nothing during the moratorium, including our one. She says one of her clients is going to be foreclosed on and at least two others are struggling. Where is your compassion for those three people/families? It looks like I will probably have to hold off retiring for an additional year or two to make up for our losses. How is that fair?
__________________
When I post in bold red that is moderator action and, per the TOS, can only be discussed through Direct Message.Moderator - Diabetes and Kentucky (including Lexington & Louisville)
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Old 08-04-2021, 04:54 AM
 
Location: Michigan
5,654 posts, read 6,219,394 times
Reputation: 8248
Quote:
Originally Posted by BobNJ1960 View Post
SCOTUS will properly deep six it once a test case reaches them. Their first decision was very strongly worded showing there is no wiggle room.

Now JB trying this move by itself will cost Democrats seats next November in swing states, even if those losing seats denounce his move. Guilt by association.
Unfortunately, there is a timing part of the game here. Biden as much as admitted that the new/extended mortarium will be challenged in court. He says [now] that it is 60 days. No way in h*ll a case makes it to the Supreme Court in that time period. Plus, SCOTUS only takes a fraction of the cases that are presented to them. However, I expect many District Courts would be willing to enjoin it based on SCOTUS' prior decision. Even that would probably not work its way through in 60 days. I generally have faith in the court system, but fast it is not.
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Old 08-04-2021, 04:57 AM
 
22,662 posts, read 24,605,343 times
Reputation: 20339
So now, much of the foreclosure and eviction moratorium has been extended yet again:

https://www.nytimes.com/topic/subject/evictions

The Biden administration issues a new eviction moratorium as the virus surges. ... Lawmakers were racing on Friday to extend the federal eviction moratorium ...
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Old 08-04-2021, 05:01 AM
 
17,401 posts, read 11,978,162 times
Reputation: 16155
Quote:
Originally Posted by Tencent View Post
This is going to shift more real estate to the big boys.

I get it now. They can't drag people back to the office enough to inflate commercial real estate prices in big cities, so now they will get into residential to soften the blow to their balance sheets.
This exactly. The ruling elite are rigging the system to benefit their big dollar donors and cronies.

Giant farms gobbling up the small family farm, covid rules causing small businesses to die out while the big guys get record earnings, and now more covid rules to drive the small landlord out of business so the huge companies can control all of the income properties and gobble up homes that families might have purchased.
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