- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
The big elephant in the room no one is talking about is eviction moratoriums
Posted on 4/27/21 at 6:53 pm
Posted on 4/27/21 at 6:53 pm
What will happen when all federal and state eviction moratorium are ended?
A significant portion of renters are behind on monthly rent. It's doubtful they'll all magically get caught up in short order and if they're multiple months behind with no realistic chance of ever getting caught up they're going to be in a bind.
Enhanced unemployment benefits has mitigated this issue to a degree but that will likely run out around the same time.
Then what? Hordes of new homeless on the streets? Will landlords need to lower rent to adjust to demand?
This will eventually be a huge reckoning
A significant portion of renters are behind on monthly rent. It's doubtful they'll all magically get caught up in short order and if they're multiple months behind with no realistic chance of ever getting caught up they're going to be in a bind.
Enhanced unemployment benefits has mitigated this issue to a degree but that will likely run out around the same time.
Then what? Hordes of new homeless on the streets? Will landlords need to lower rent to adjust to demand?
This will eventually be a huge reckoning
32
Posted on 4/27/21 at 6:54 pm to Powerman
Small claims court will be lit
Boosie and Kilroy will be busy
Boosie and Kilroy will be busy
Posted on 4/27/21 at 6:55 pm to Powerman
quote:
Then what?
Then, I buy their houses, flip them, and make bank.
Posted on 4/27/21 at 6:55 pm to SDVTiger
quote:
Small claims court will be lit
No doubt about that
Posted on 4/27/21 at 6:57 pm to Chancellor
quote:
Then, I buy their houses, flip them, and make bank.
That's if the houses go on the market. It's a seller's market right now so your plan probably sucks.
Posted on 4/27/21 at 6:58 pm to Powerman
CoStar and Zerohedge have been writing about this for months. It's going to be bad, unless there's a bailout that we're not privy to, yet.
Given that the big banks booked large portions of their reserves as income recently, I'm guessing they know that their landlords will be bailed out.
A reckoning will happen if the Feds don't bail landlords out.
Small mom-and-pop landlords may run into more trouble.
Given that the big banks booked large portions of their reserves as income recently, I'm guessing they know that their landlords will be bailed out.
A reckoning will happen if the Feds don't bail landlords out.
Small mom-and-pop landlords may run into more trouble.
quote:
What will happen when all federal and state eviction moratorium are ended?
A significant portion of renters are behind on monthly rent. It's doubtful they'll all magically get caught up in short order and if they're multiple months behind with no realistic chance of ever getting caught up they're going to be in a bind.
Enhanced unemployment benefits has mitigated this issue to a degree but that will likely run out around the same time.
Then what? Hordes of new homeless on the streets? Will landlords need to lower rent to adjust to demand?
This will eventually be a huge reckoning
Posted on 4/27/21 at 6:59 pm to Powerman
AND a lot of people that "might" start getting paid because they have been paying their notes on their rental property and not getting the income from renters.
Posted on 4/27/21 at 7:00 pm to Powerman
Bailouts
Posted on 4/27/21 at 7:00 pm to TerryDawg03
quote:
A reckoning will happen if the Feds don't bail landlords out.
If you are a landlord and have a mortgage on the property but didnt do a forebearance you are a dumbarse
Posted on 4/27/21 at 7:01 pm to Powerman
Worry not: redistribution of wealth is in full swing.
Posted on 4/27/21 at 7:04 pm to Powerman
Foreclosure moratorium is a related elephant. Dems think all landlords are rich aristocratic lords who don’t actually need the rent money.
Posted on 4/27/21 at 7:05 pm to Powerman
Homeless number will go up, and Sleepy will send them money, YOUR MONEY!
Posted on 4/27/21 at 7:08 pm to Powerman
We'll just print another trillion dollars.
Posted on 4/27/21 at 7:11 pm to Powerman
Not just rent payments. Mortgage and car payment forbearance as well. People are willing going into forbearance even though they have the means to pay. They think it will just all be forgiven 
Posted on 4/27/21 at 7:12 pm to Powerman
I have 5 rental properties and none are behind on their rent. All are long term renters and I have taken care of their needs, they know if they miss a payment they are out.
Posted on 4/27/21 at 7:12 pm to Powerman
Literally thousands of jobs available right now. I have no sympathy for anyone getting evicted right now.
Posted on 4/27/21 at 7:13 pm to Dubosed
Free shite for everybody but the middle class. Nobody is being evicted, foreclosed on and all student loans will be forgiven.
We live in a real Utopia ....
We live in a real Utopia ....
Posted on 4/27/21 at 7:21 pm to PUB
The older I get, the more it is evident (at least in the USA) that "things" are designed for the lazy fricks that want there latest iPhone while having no means to pay for it, etc etc.
With Biden at the helm, I have to assume that moratoriums will continue and the government will print money to continue to buy votes.
It really is deflating to know I was raised to be honest and independent while the majority wasn't/isn't.
With Biden at the helm, I have to assume that moratoriums will continue and the government will print money to continue to buy votes.
It really is deflating to know I was raised to be honest and independent while the majority wasn't/isn't.
Posted on 4/27/21 at 7:21 pm to TideCPA
quote:
We'll just print another trillion dollars.
I'm not sure I know 100% the significance of what I am looking at here, but it scares the shite out of me.
Posted on 4/27/21 at 7:33 pm to PhDoogan
Cash is backed by "the full faith and credit of the US Government".
Ya know, the Illegitimate Government headed up by the Fraudulent POTUS and Fake VP, along with the 2 Fake Houses of Congress called the Senate and House that promote a peaceful protest as a violent attempt to overthrow the tyrants within. Those credible frauds, clowns, and shysters.
Ya know, the Illegitimate Government headed up by the Fraudulent POTUS and Fake VP, along with the 2 Fake Houses of Congress called the Senate and House that promote a peaceful protest as a violent attempt to overthrow the tyrants within. Those credible frauds, clowns, and shysters.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News