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Nobody wants to be a landlord anymore.

Posted on 8/12/21 at 6:41 am
Posted by Crimson Wraith
Member since Jan 2014
25059 posts
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
Posted by AUCom96
Alabama
Member since May 2020
5113 posts
Posted on 8/12/21 at 6:42 am to


The future of housing.
Posted by Bulldogblitz
In my house
Member since Dec 2018
26839 posts
Posted on 8/12/21 at 6:46 am to
Need more places to plant illegals.
Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 8/12/21 at 6:49 am to
For some reason the major corporations are turning out to be the big winners in this “pandemic”.
Posted by bad93ex
Walnut Cove
Member since Sep 2018
27556 posts
Posted on 8/12/21 at 6:50 am to
All part of the "Great Reset"
Posted by LSUTigerFan247
Member since Jun 2017
3644 posts
Posted on 8/12/21 at 6:50 am to
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 by ShoeBang
Member since May 2012
19377 posts
Posted on 8/12/21 at 7:46 am to
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 by Tomatocantender
Boot
Member since Jun 2021
4846 posts
Posted on 8/12/21 at 7:47 am to
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.
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