If the govt shuts down the bakeries, someone NEEDS to supply the bread to stay full as the tenants cant pull a loaf of bread out of their ass if they aren't allowed to bake it.

The tenants who have chosen to not pay their rent when the means to do so were available will end up getting irreparably ****ed for a long regardless of when they pay back from this point on so it isn't like they won a prize or gamed the system.

Unfortunately, even the poor sap who honestly couldn't afford to pay rent for a few months when work wasn't plentiful will still end up getting rekt to a degree.

Do you think the evil landlords are going to rent out anything but a garbage bin to folks who didn't pay rent during covid when all this **** subsides?

I've read this three times and I still don't follow which side of the issue you're on.

Sure so long as the government compensates the baker accordingly, i.e., doesn't force the baker to operate at a loss. That's really no different than when Trump evoked the Defense Production Act to produce ventilators or whatever—the companies were still compensated. So if the government tells the baker to provide bread or the landlords they can't evict, then the government picks up the tab.

that's a cute story but the reality is they completely gamed the system and royally ****ed over their landlords.

Presumably they can be sued in small claims court

What kind of person had less money in 2020 than 2019? If you were working and your industry shut down unemployment made you whole and then some. If you were a gig worker they have a massive fund to draw on. Business owners can pay themselves with PPP grants.

I’m not saying people didn’t fall through the cracks but who is it that is still behind on rent for lack of money? Undocumented farm workers and people who got fired for cause on February 2020? Shower them with rental assistance.

Something like 5 trillion dollars went out the door, and somehow 5 million people still can’t afford rent? That’s either a massive failure of support programs that does not show up in economic statistics or a lot of people had money and thought rent was canceled.

He doesn't rent, he's been living in his parents' basement since 1981.

I asked the question but did not get an answer.

Was not gov't aide money not made available to both the tenant and landlord? Was not the renters gov't rent supplement paid directly to the landlords?

If not that would be a massive mistake and I would attribute any problems now to gov't malfeasance in this area.

You simply cannot give the masses, lots of money, while suspending their rent or mortgage payments and making sure they cannot be evicted, and not pay those costs directly with any aide money provided. Too many will not save a penny, even if better off during the periods, and will end up in far worse position with many months owing.

There is tons of data that shows generally you have 15 days to get a person in arrears back on track before defaults start rising. By 30 days you have lost a significant percent and by 60 days over due a majority will not recover seeing the balance owing and their ongoing obligations as just too high to ever recover from so best to abandon it and move on.

I thought the landlords were getting direct payments from the gov't on behalf of their tenants. Am I wrong?

Inso0? lozen??

I hadn't considered that possibility, but now that I think about it, that's probably accurate.

Out of 400ish tenants. I have received one third party check from a community group since the pandemic started. If anyone else was getting help, the agency they went through didn't pay us directly. The one tenant who is still overdue on rent has always been a late payer and we put up with it because we inherited her when we bought the building. As long as she kept agreeing to the increases toward market rates on that unit and paying her late fees, we'd overlook being a month behind so we could delay gutting her unit and bringing it up to our standard. However, she's currently 4 months behind and was given notice last Monday that enough is enough. I received an e-mail from SDC requesting an assistance recommendation about 30 minutes later. She could've done it at any point in the last year, but waited until the eviction notice to even bother making the phone call.

Can't save people from themselves.

Ya that is painfully stupid of gov't to set it up that way.

All sorts of people who typically push the limits of being late and catching up and being late and catching up, due to eviction threat will now get so far behind that they will never catch up.

That is the gov't setting them up for failure.

Instead money forwarded should have been in the form of Rent and Mortgage credits or direct payments FIRST with any added aid beyond that going to them directly.

I just assumed that was the way it would have worked.


Tangentially but not related that is how the 2008 Bailout, Bank Liquidity money should have been provided. Give each mortgage owner a Credit of $50,000 or (X thousand) that has to be given to the bank of record to reduce the Debt owing. Thus the home owner gets relief allowing many to stay in their home, and the banks fix their liquidity crisis all the same.

Both win. But instead the gov't said 'n'ah just give it to the banks directly and let the citizens default' despite it being citizen money.

The reason why they did not do that is that it would not have saved the Wall Street banks and instead would have empowered and helped the community bank sector. Thus reducing the 'too big to Fail problem'. But too many Politicians have too much of their portfolios directly tied to Wall Street banks so they had to protect them first and foremost.

People don't live in loaves of bread.

People don't eat apartments.

Your turn.

Incorrect:

https://en.wikipedia.org/wiki/My_Strange_Addiction

I fold.

It literally doesn't matter what the gov't chooses to do. Everyone knows they can **** you however and whenever they want

If you lived through the UIGEA/Black Friday or any number of other events (the Philly Sugar Tax pissed me off too, my father owned a business in which he left me in charge for several years and I had to deal with that **** too) and are complaining about ***this new thing the gov't did*** then you're just a naive clown or major league pussy

****ing deal with it. Especially the right wingers who scream about meritocracy and how anyone can work hard and do well and refuse to help others in the midst of their plight. Claim everyone else makes excuses...

Now it's those clowns making excuses. Sorry bro, not tryna hear that ****

Like I said. Everyone loves meritocracy until they're on the chopping block. Too ****ing bad, move the **** on, life isn't fair

Correct, and there is a process for that

If you don't like the process, then vote

Like I said. Don't hate da playa, hate da game

People start to ***** and moan when it affects them. Welcome to America. I don't like my shitty, ignorant, disrespectful, and broke ass tenants either

But I know what I signed up for and I don't come to 22 to pretend I'm concerned about the economy or other human beings or anything else when really I'm just mad things got hard and it's due to circumstances beyond my control

To be clear, I'm not OK with any of the **** gov't is doing. I just think people are clowns now for complaining at the exact moment when they get screwed and never cared when others were getting screwed

If people need money they can get jobs and apply for assistance like everyone else. That's what your taxes pay for, duh

There's, like, a massive shortage of labor right now when people are dying to hire and you seriously just asked how people will make ends meet? Nobody's obligated to maintain your cost of living for you here in America, dude, downsize if you have to. Work two jobs if you have to. I've always been prepared for that possibility. I will cross that bridge if I ever am unfortunate enough to get there. I will not be coming on here asking ridiculous questions to which I already know the answer

Agree. Gov't is ****ing stupid and ignorant

It's also incredibly corrupt

We have people, dinosaurs, calling the shots for subjects they know nothing about, nor have the inclination to learn about. Even worse, they don't care to know, because the career path is a lifelong grift train that sets you and your family, and following generations, up for life. It's basically just a bunch of rich *******s arguing about how to spend our money

And you all vote for them and choose to live here. Deal with it

I would love nothing more than to see people like Maxine Waters, Nancy Pelosi, and Donald Trump never have the power they have over politics Americana right now. Absolute circus

The real issue is the system breaking down

Plus the moral aspect, which many seem to simply not give a **** about

Right now, the system is "breaking down"

Hence why the people who usually are on top are now vulnerable and complaining

I love how when it's someone else's problem, it's "this is America, deal with it" but when it's their problem, it's "man I'm totally concerned for the economy, gov't can't keep doing this!"

But I have a totally different vision for how this country could and should function. One simple example, eliminate min wage, pay UBI. Form a UHC system, eliminate as many other welfare programs as possible as UHC proves effective over time. The left and the right just want to talk past each other or bathe in corruption. They don't want to entertain actual solutions. It would cost them money and power

Kewl rage posting, Dawg.

How does it feel to be so much better than everybody else? That's something I'll indeed never experience.

Me? Better?

I'm just another dude like everyone else here.

But I'm sorry, this thread started on some bullshit and I'm calling it out whenever I see it.

As for my tenants, I'm not talking about all of them as if they are beneath me, I'm referencing my worst tenants who are the exact same people InsoO complains about all the time. I know what he's talking about 100%. I'm a little different tho, as one tenant was having health issues and nobody could help her and she was out of money. I let her live rent free for 6 months. People aren't all leeches. I'm not rich. But if I know I'll be OK without that money, then I'm not ****ing throwing her out on the street just because I've had other tenants, borderline sociopaths, gaming every angle of the system

The whole reason of my desire for change is because all the laws we have in place, in addition to the way Americans treat each other and the different respective segments of the population, have led to people like Inso0 somehow, mindblowingly, saying things like "throw more of them in jail" as if that is supposed to minimize the problem. Here is a hint, genius, it's not minimizing the problem. It's sweeping it to a part of the room you get to comfortably ignore while the people stuck in that part of the room have to deal with it on a daily basis, ad nauseam, ad infinitum

It is unconscionable to me that we have homeless war veterans or homeless people at all. That the term medical bankruptcy exists. That is a travesty, and the best others can come up with is maintain the status quo? More jail? Seriously? Cultivate the kids from birth with an actual, robust safety net, not one filled with holes, through which people fall through on the reg and no one gives a ****. Least of all, Inso0 and these other clown business owners acting like woe is them. Of course I'll rage post to that. I don't pay taxes and work hard to watch these self righteous pricks act like they deserve something for nothing because things got hard. My whole ****ing life has been hard and all these people do is act like it was my fault because I smoked weed or something

We're in the middle of a pandemic and there is no perfect answer and yet everyone is screaming rather than accepting that this is hard, life is hard...It's literally a statement of the obvious that things aren't sustainable, but you know what? The last 5 presidents have been doing things that aren't sustainable. We're pretty much going to be Japan in a decade, possibly having "lost decades" at best, full on collapse at worst. A half a century of pure irresponsibility...I'd say this was inevitable. Now go get your shinebox and pull up your bootstraps

I apologize if it sounds so ragey, but I honestly don't believe I'm saying anything controversial here. This is reality, you get to accept it or not...It's going to hammer us all anyway

I'm not mad about anything

I'm reminding people that life isn't fair and here in America, you adapt or die no matter what happens and whether you like it or not. Same applies to real estate owners

And that they're clowns wading in a pool of their own hypocrisy

It's odd that in your world, "adapt or die" applies to the owner of a property with an unwelcome guest, but not the unwelcome guest themselves.

What other types of rental agreements do you think can be safely ignored whenever it's deemed inconvenient for the person breaching the contract?

Rent a car because yours is in the shop, only to find out that repairs were much more expensive than you thought? No problem, just keep the rental car and tell the company to, "Adapt or die."

Ever wanted a sweet bouncy house for your kids to play on but don't have the $3k to buy one new? No problem, just rent it for the weekend from a party goods purveyor and then simply refuse to return it.

"Adapt or die, Bouncyman."

Hypocrisy indeed.