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Posted on 03/31/2021 10:02:47 AM PDT by bgill
Hi.
If it’s plausible, sell the house/condo/duplex.
The new owners will have no lease, and can evict.
5.56mm
This is easy.
Landlord = 1 vote
Renters = 20 votes
Renters get attention from politicians.
The answer is to divide up your property into small units, perhaps 1 bedroom at a time, and sell them to the renters, converting them into owners. Easy to turn a profit.
The legal term I Tenancy In Common (TIC).
Cheapest way into real estate ownership.
Historical precedent: A round of just that sort of thing happened in NYC in the 1970s with rent control and jacking up property taxes.
By a miracle I sold all 4 of my rentals last spring just as COVID hit. I thought the buyer would back out but he closed.
Now I just buy land.
“Renting under market gives you better quality tenants?”
I just ran 4 units for 20 years and did exactly that in a small town. Yes, I think it gave me better tenants. I had to evict exactly 2 people, both moved before their court date. One other guy had a girlfriend who beat him. I gave them a 3 day notice for bothering others with their noise. They moved in 2.5 days, never had to file eviction. Those were the good old days. Now I’m out of that business in my dotage.
“All property is theft”
Except that which belongs to our billionaire globalist overlords.
I really think this is an unconstitutional government taking.
The government can issue a moratorium on evictions, but the government should have to reimburse any lost rents. The government can then try to collect rent from the renter or decide to write it off.
Would be a nightmare to administer and probably some fraud would occur.
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“Time for the landlords to get the armored bulldozers out.”
That didn’t end well for bulldozer guy.
I don’t want a lot of people to be homeless, but these “don’t have to pay rent/mortgage/etc.” supposed “laws”/royal decrees/etc. are the government stealing property owners’ property(s) from the property(s) owners, and making the property owners HOMELESS, etc.
Yep, unfortunately! See what I just posted about that.
Yep, it is all EVIL BS, etc.!
The obvious solution is to ban sales of properties that have tenants, right?
Yep, like I said it is really fed./state/local (as “applicable”) governments stealing/taking/etc. the property(s) owners’ property(s).
Maybe talk to a bankruptcy lawyer to see if the landlord could file Chapter 11 and reject the leases? Depending on the court and the skill of the tenant’s attorney, it might work. But watch out for Sec. 365 (h)(1)(A)(ii). I wouldn’t want to predict an outcome.
Solzhenitsyn said that the weakness in collectivism is that it doesn’t account for human psychology. When the government tries a mandatory pogrom, people wiggle out of its grip.
But it isn’t the government paying the landlords. It’s we the people aka taxpayers.
Heck, we’re already paying the cyclical generational welfare citizens and illegals’ housing, education, health care, utilities, cell phones, internet and prison time.
I think he expected it to end that way. If it weren’t for a coolant problem it would have been worse.
If we cannot pay our rent, we will move out. To continue living in a place and not paying rent is theft.
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