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re: The big elephant in the room no one is talking about is eviction moratoriums

Posted on 4/28/21 at 5:22 am to
Posted by Ancient Astronaut
Member since May 2015
33164 posts
Posted on 4/28/21 at 5:22 am to
quote:

they know if they miss a payment they are out.


So mean
Posted by Warfarer
Dothan, AL
Member since May 2010
12132 posts
Posted on 4/28/21 at 5:55 am to
quote:

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.




A guy on my crew asked me the other day "what is more important, a car or a phone?" I immediately said a car because I could still get to work and do the things I needed to do and looked around and asked him back "I take it the three young guys said their phone didn't they?" The three guys under 21 all said that their phone was more important than a way to get around.

This is the country we live in now. frick getting to work when they can make excuses as to why no one would come to their house and give them a ride.
Posted by 56lsu
jackson mich
Member since Dec 2005
7441 posts
Posted on 4/28/21 at 6:59 am to
nope i own my stuff
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74290 posts
Posted on 4/28/21 at 7:02 am to
But do you owned the land or just lease where you have that double wide?
Posted by 56lsu
jackson mich
Member since Dec 2005
7441 posts
Posted on 4/28/21 at 7:07 am to
i owned nothing, i OWN my stuff. maybe you live in 1 i live in a 3800 sq ft house. also have lake property in northern mi. as long as i pay my property taxes i own them.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74290 posts
Posted on 4/28/21 at 7:12 am to
quote:

i owned nothing, i OWN my stuff


What


quote:

maybe you live in 1 i live in a 3800 sq ft house. also have lake property in northern mi. as long as i pay my property taxes i own them.


Are you drunk?
Posted by Lsut81
Member since Jun 2005
80244 posts
Posted on 4/28/21 at 7:18 am to
Stout posted a graph either here or on the OT a few months back of the potential mortgage defaults across the US. The Houston suburbs were by far the most impacted by people months behind on their mortgages.

Will be interesting to see what happens when rubber meets road.

I think the number was like 700k in Texas were currently at risk of eviction/foreclosure.
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 4/28/21 at 10:18 am to
nbc talks about it.
cnn talks about it.
Posted by AcadieAnne
Where I drink and know nothing.
Member since May 2019
859 posts
Posted on 4/28/21 at 11:13 am to
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."
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35558 posts
Posted on 4/28/21 at 11:15 am to
quote:

Small claims court will be lit

Boosie and Kilroy will be busy


I only deal in fed court.


And yes we will be retarded busy. Already planning on hiring another attorney and 2 more paralegals
Posted by deltaland
Member since Mar 2011
90885 posts
Posted on 4/28/21 at 11:38 am to
It will either never end as the Govt will be scared to piss people off or they’ll pass a program for landlords for relief as long as they forgive unpaid rent during Covid
Posted by ItNeverRains
37069
Member since Oct 2007
25586 posts
Posted on 4/28/21 at 11:47 am to
We’ve already had this discussion on this forum. 34% of all blacks tenants are delinquent. Once the pandemic moniker is lifted, government will have to go full Venezuela or we will have the biggest black homeless population in US history.
This post was edited on 4/28/21 at 12:02 pm
Posted by LSUintheNW
At your mom’s house
Member since Aug 2009
35756 posts
Posted on 4/28/21 at 11:59 am to
quote:

Then what?


Some of us are gonna make some $$$$.

Me being one of them.
Posted by VADawg
Wherever
Member since Nov 2011
45067 posts
Posted on 4/28/21 at 12:09 pm to
There has to be a large number of landlords who are behind on these mortgages. Banks will foreclose on their houses and govt will buy them at dirt cheap prices, creating govt housing in places where it wouldn't be.
Posted by ItNeverRains
37069
Member since Oct 2007
25586 posts
Posted on 4/28/21 at 12:36 pm to
quote:

There has to be a large number of landlords who are behind on these mortgages. Banks will foreclose on their houses and govt will buy them at dirt cheap prices, creating govt housing in places where it wouldn't be


The commercial shoe in real estate will drop first. There is so much available office space due to the pandemic and many companies reducing their footprint or completely eliminating their brick and mortar footprint that there will be availability in this space that hasn’t been seen since it was built. I believe government will buy a lot of this space and turn it into co-op housing, halfway/rehabilitation centers, and low nonviolent incarceration facilities.
Posted by Clames
Member since Oct 2010
16636 posts
Posted on 4/28/21 at 12:56 pm to
quote:

i owned nothing, i OWN my stuff.


Dumb frick can't get basic English grammar right...


quote:

i live in a 3800 sq ft house. also have lake property in northern mi.


Figments of your low-IQ imagination.
Posted by goofball
Member since Mar 2015
16898 posts
Posted on 4/28/21 at 1:13 pm to
quote:

Then what?


Eviction proceedings will take months. Landlords get stuck without rental payments while the squatters move on to the next victim.
Posted by teke184
Zachary, LA
Member since Jan 2007
96440 posts
Posted on 4/28/21 at 1:22 pm to
My guess is that rates may initially be lower but that landlords will be choosy as hell about who they offer to coming off this mess.

If you have to put money into renovating an apartment or house which had just been rented to a deadbeat for a year, you may take a loss on the money but you want to ensure you get someone who you feel confident will pay.
Posted by Ancient Astronaut
Member since May 2015
33164 posts
Posted on 4/28/21 at 1:24 pm to
When does the moratorium end?
Posted by Vacherie Saint
Member since Aug 2015
39575 posts
Posted on 4/28/21 at 1:25 pm to
I guess blue state governors can use use their emergency powers to forgive rent in arrears? frick property owners. They never cared about us anyway.
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