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re: The big elephant in the room no one is talking about is eviction moratoriums
Posted on 4/27/21 at 7:34 pm to Powerman
Posted on 4/27/21 at 7:34 pm to Powerman
Renters that aren’t paying aren’t going to feel an ounce of pain.
They have pocketed the money and will just move out and find another rental. It would take a long time for a landlord to get a judgement and even with that they will not be guaranteed a dime. The renters know this and will use it to their advantage.
The banks that will get stuck with any defaulted mortgages are the ones that will fight to get bail out money.
The guy that has a few rental properties and no way to pay the mortgage back will be the ones getting hosed, as they are now.
Our government is dumb as dirt.
They have pocketed the money and will just move out and find another rental. It would take a long time for a landlord to get a judgement and even with that they will not be guaranteed a dime. The renters know this and will use it to their advantage.
The banks that will get stuck with any defaulted mortgages are the ones that will fight to get bail out money.
The guy that has a few rental properties and no way to pay the mortgage back will be the ones getting hosed, as they are now.
Our government is dumb as dirt.
Posted on 4/28/21 at 11:13 am to deathvalleytiger10
quote:
Our government is dumb as dirt.
The choices are either stupid or evil. The way things have been accelerating lately, I'm finding it harder to believe in stupid. Can't have the Great Reset without crashing everything first.
"You will own nothing, and you will be happy."
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