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Started By
Message
Nobody wants to be a landlord anymore.
Posted on 8/12/21 at 6:41 am
Posted on 8/12/21 at 6:41 am
Blackrock licking their chops?
The Epoch Times
@EpochTimes
“Nobody wants to become a landlord anymore,” said Diane Baird.
An extended #EvictionMoratorium and the slow distribution of billions in federal rent assistance are driving many small #Landlords to call it quits.
Epoch Times
The Epoch Times
@EpochTimes
“Nobody wants to become a landlord anymore,” said Diane Baird.
An extended #EvictionMoratorium and the slow distribution of billions in federal rent assistance are driving many small #Landlords to call it quits.
Epoch Times
Posted on 8/12/21 at 6:42 am to Crimson Wraith
The future of housing.
Posted on 8/12/21 at 6:46 am to Crimson Wraith
Need more places to plant illegals.
Posted on 8/12/21 at 6:49 am to Crimson Wraith
For some reason the major corporations are turning out to be the big winners in this “pandemic”.
Posted on 8/12/21 at 6:50 am to Crimson Wraith
All part of the "Great Reset"
Posted on 8/12/21 at 6:50 am to Crimson Wraith
Makes me glad I only own commercial and not residential. I've had not a single problem with my tenants through this entire ordeal.
Posted on 8/12/21 at 6:58 am to sawtooth
quote:
For some reason the major corporations are turning out to be the big winners in this “pandemic”.
No way anyone could have seen this coming, Nostradamus incarnate.
Posted on 8/12/21 at 7:12 am to LSUTigerFan247
quote:
Makes me glad I only own commercial
I have wondered about what damage is being done to commercial office space and maybe retail with the plandemic.
A log of businesses are finding they don't need to rent space when they can have their workforce telework. We almost closed our location but need it for servers... for now... we might move our datacenter to MS Azure.
I imagine high tax areas like NYC are really getting pounded.
Posted on 8/12/21 at 7:13 am to sawtooth
quote:
For some reason the major corporations are turning out to be the big winners in this “pandemic”.
that wasn't predictable at all.
Posted on 8/12/21 at 7:38 am to LSUTigerFan247
Surprising with many companies realizing they can live without the commercial rent overhead when everyone was forced to work from home for this virus scam. It proved they could shrink their commercial space with non-essential employees working from home. Then, if you had commercial real estate in portland, seattle, sanfran, NYC, Kenosha, Minneapolis, you have employees risking their lives to drive into work...so I'm betting those places saw a drop in commercial lease traffic. You are fortunate.
Posted on 8/12/21 at 7:39 am to sawtooth
quote:
For some reason the major corporations are turning out to be the big winners in this “pandemic”.
A lot of rental housing will go to corporations and the government will just pay them directly. Of course that means more taxes and other schemes where the government extracts more income from us to pay for this.
Posted on 8/12/21 at 7:46 am to Crimson Wraith
quote:
Nobody wants to be a landlord anymore.
Small businesses? frick you, your business goes to Wal Mart
Own a few rent houses to make retirement income? frick you, no one has to pay you but you still have to pay and you can't kick them out.... for as long as we fricking say. Blackrock will buy your house at +10% market value however.
Commute to work? frick you, enjoy being taxed on your way to work to earn taxed money to buy taxed goods to live in your taxed "property"
The full on assault of the middle class is astonishing
Posted on 8/12/21 at 7:47 am to Crimson Wraith
If you're a small landlord and your tenant has stopped paying rent for say a year now, how does the commom maintenance stuff work? For example, let's say the kitchen faucet is spraying everywhere and while this won't require a plumber, it will require parts and some know-how to fix. Does that still fall on the small landlord or can he say fvck it, you haven't paid me in over a year so GFY you POS tenant?
I mean no written contract has a clause for these unprecedented moratoriums, so I'm assuming most landlords are telling them to GFT.
I mean no written contract has a clause for these unprecedented moratoriums, so I'm assuming most landlords are telling them to GFT.
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