If you can't pay rent on May 1, what makes you think you'll be able to pay 2 months rent on June 1?

extortion wrote:

Rent strike wrote:

I think the long term plan is to completely skip a month or two of rent, then see if your job comes back or unemployment comes through. What's the landlord going to do about it? It's not like there are millions of other renters out there who are flush with cash, eager to move in the middle of a pandemic, and willing to pay the current going rent.

So your game plan is basically to engage in extortion in order to avoid dipping into your savings. Got it.

Not my game plan, we own. But you don't seem to understand what the word "extortion" means.

SDSU Aztec wrote:

Dr Yuengling wrote:

In the situation described, the landlord doesn’t have the resources to buy the house either (or is not using them). They presumably have enough for the down payment. Outside of that, the renters are covering the mortgage plus property taxes and then some, essentially buying the house for the landlord. Which does in fact seem unfair to me.

If a renter is a defacto owner, they shouldn't have the right to give 30 days notice and leave anytime they want.

first off, most people don't have that right because they are on a lease. the point here is that if the landlord is not able to pay the mortgage without the renters, they

are an unnecessary middle man who contributes nothing except driving up the cost of housing. Much of the animosity towards landlords comes from the fact that when the tenant cannot pay during a global crisis, the attitude from the landlord is "oh, you should have saved money and prepared for this so you could keep your agreement," when in fact the landlord has not saved and prepared for this either

I love people like you. You think you're smart (and you probably are) but the core of money is it's all made up in the first place. We can do whatever we want to a system we created. Once you realize that, it will all start to make a lot more sense.

^the problem.

It’s always the same. I read thru these posts and do not see any renters trying to stick it to the landlords. The renters are just asking for the same relief and consideration that homeowners are getting. Landlords should be venting their hostility to the stimulus not to those who feed them.

Dr Yuengling wrote:

SDSU Aztec wrote:

If a renter is a defacto owner, they shouldn't have the right to give 30 days notice and leave anytime they want.

first off, most people don't have that right because they are on a lease. the point here is that if the landlord is not able to pay the mortgage without the renters, they

are an unnecessary middle man who contributes nothing except driving up the cost of housing. Much of the animosity towards landlords comes from the fact that when the tenant cannot pay during a global crisis, the attitude from the landlord is "oh, you should have saved money and prepared for this so you could keep your agreement," when in fact the landlord has not saved and prepared for this either

So who owns the house?

Noyankee wrote:

^the problem.

It’s always the same. I read thru these posts and do not see any renters trying to stick it to the landlords. The renters are just asking for the same relief and consideration that homeowners are getting. Landlords should be venting their hostility to the stimulus not to those who feed them.

If you aren't able to support yourself with state and federal unemployment and a stimulus check, that isn't my problem anymore. Sorry, not sorry.

SDSU Aztec wrote:

Dr Yuengling wrote:

first off, most people don't have that right because they are on a lease. the point here is that if the landlord is not able to pay the mortgage without the renters, they

are an unnecessary middle man who contributes nothing except driving up the cost of housing. Much of the animosity towards landlords comes from the fact that when the tenant cannot pay during a global crisis, the attitude from the landlord is "oh, you should have saved money and prepared for this so you could keep your agreement," when in fact the landlord has not saved and prepared for this either

So who owns the house?

What are you asking? Obviously under the current system the landlord owns the house. If you are asking me how I personally would like to see the system revised, I think the for-profit housing system should largely be eliminated. Some level of socialized housing would lower rent and hurt no one except landlords.

Just float ponzi bond issues like Rahm did in Chicago to keep kicking the can.

That’s a fruitless argument. Most renters, indeed the majority, have received no stimulus nor unemployment as yet. Your position lacks leadership qualities. Sounds like your squirming paying the bills and maybe Karma will be knocking soon. For the record, I am a landlord as well. So your nose is brown, not green to me.

Noyankee wrote:

That’s a fruitless argument. Most renters, indeed the majority, have received no stimulus nor unemployment as yet. Your position lacks leadership qualities. Sounds like your squirming paying the bills and maybe Karma will be knocking soon. For the record, I am a landlord as well. So your nose is brown, not green to me.

I have reserves for this very situation so I have no issues with paying my bills. My mortgage company, nor cell phone, nor any other creditor is going to forgive my debt.

As such, I am also running a business and am not going to let tenants who have agreed to a contract renig because of some silly virus.

Texas has processed 1.6Bn of unemployment claims (out of 2Bn requested) and one of my tenants had already promised I would be paid when they received their stimulus on the 24th as part of the second round of payments.

I won't lose any sleep.

It’s a simple business decision.

If you have tenants that can’t pay their rent to you because of this epic recession you either proceed with eviction or work with them to get what they can give and when they can give it.

Keep the current economic environment under consideration when making this decision.

If you prefer the properties to be unoccupied, that’s your call.

But you seem to be bringing emotion into a business decision.

X-Runner wrote:

But you seem to be bringing emotion into a business decision.

If this were a business decision they would have been out in March per the terms of the business contract. They made a calculated decision that the government would save them from the terms of the contract and I am relishing that I don't have to pay for their stupidity anymore. Absolutely, I am thrilled.

I think the long term plan is a it's an escape valve while the situation stabilizes, and don't worry about other things for the moment more than the same situation worries.

It’s a tricky situation for sure

It is a difficult situation, and as you say there is no easy answer, I think it is time to be empathetic

I have friends whose managers have been able to let them skip a month and then spread that month over the remaining months of their lease. I thought that was a pretty fair deal.

Didn't you all just get 1200 bucks to pay the rent with? What did you already spend it on?

DON'T say food, you are not fat people.

Probably half of you were lockdowners, now you're all OOPS... like wait, can't the government make the landlord give me a break? wait, won't the landlord have to let me stay because everyone else is too broke to replace me? wait, maybe I should have thought this through a little...

Really, if you think those food lines are long, just wait if we have a lock down to June 1st.

Supply side economics, except it didn't trickle down.