No rent due until October!!

Discussion in 'Economics' started by JSOP, Aug 4, 2021.

  1. JSOP

    JSOP

    No effective enforcement on irresponsible freeloaders. That's what's rotten in the country and in this world. If we have more of those Pulp Fiction guys who mean business when people don't pay up, everybody will be like you. But of course we live in a world where squatting and freeloading and not paying up is considered human rights.
     
    Last edited: Aug 4, 2021
    #21     Aug 4, 2021
    athlonmank8 and KCalhoun like this.
  2. KCalhoun

    KCalhoun

    Best movie ever
     
    #22     Aug 4, 2021
    vanzandt and Handle123 like this.
  3. Handle123

    Handle123

    It is going to be huge, if landlords have not already gone bankrupt, many will. Renters not going to be able to pay for past months of rent and be forced out by courts and will be in the streets as other landlords won't rent to them. Renters will have bad credit for several years, they can file chapter 13 bankruptcy which will give them another five months in their apartments or whatever.

    I sold nearly all my real estate holdings five years ago, all of it been in my 401k llc. But my rental houses were hedged, I rented to Section 8 renters, 70% of the rent was paid from U.S. gov't, so even if today they don't pay, they will lose their status to get another Section 8 unit, and I would still be paid by the government to include all structural damages.
    Sold cause basically got tired of dealing with human beings, don't care much for most people as it is, but was able to perfects others to pay the 85% mortgages with least amount of risk.

    America is certainly Great, once you figure how the games are played, hire intelligent CPA's and attorney's, life is totally different from the masses. I think most people are sheep, they just follow, don't put extra effort, don't live below their means.....
     
    #23     Aug 4, 2021
    yc47ib likes this.
  4. JSOP

    JSOP

    It's not The Left that's rotten. It's the Radical Left that's the problem.
     
    #24     Aug 4, 2021
  5. terr

    terr

    "The Left" has capitulated to "the Radical Left" a while ago. Just look at "the Left" forcing language like "birthing persons" instead of "mothers" in US federal laws. It's not "the Radical Left" doing it.
     
    #25     Aug 4, 2021
    OptionsOptionsOptions likes this.
  6. JSOP

    JSOP

    For the landlords: They are going to get everyone they can find, the sheriffs, the police, the enforcers, their big cousins to get the unpaying renters out. Yes

    For the renters: If they have really invested in meme stocks with their stimmie checks, they will have to cash out to pay the rent. If they can't pay, they will either have to go to shelters or live in their cars, or be homeless. Yes, their human rights of "free housing" is going to be violated, lots of sob stories of people with children driven homeless because of big bad evictors.

    What I am concerned more is about the national security caused by the eviction process and its potential replication on the whole nation. Should any of the evictors happen to touch one strand of hair on those renters being evicted and he/she happen to die, that's going to invoke another round of violent protestors, even riots, Nancy Pelosi is going to have to kneel again if the victim happens to be African American and depending on the magnitude and the gravity of the situation according to how it's spinned by the mass media, military might need to be involved. The whole nation might be under siege.

    Of course this is the absolute worse-case scenario but with a leader as sleepy as Biden in power and someone as radical and despotic as Harris as the 2nd in command, United States is neither stable nor effective in stabilizing or quelling a potentially violent situation. The rest of the world especially China is going to just grab a seat and watch United States with popcorn in hand. This is probably the reason why they are extending the eviction ban again and again and again and again.
     
    #26     Aug 4, 2021
  7. ph1l

    ph1l

    There is another "alternative.":)
     
    #27     Aug 4, 2021
  8. notagain

    notagain

     
    #28     Aug 4, 2021
    yc47ib likes this.
  9. JSOP

    JSOP

    Crashing with their relatives and friends and Squatting?
     
    #29     Aug 4, 2021
  10. wrong and delusional. We are seeing UBI right now under a different name and as a test run. So keep being wrong, I dont really care
     
    #30     Aug 5, 2021