Interesting. In Colorado you can’t even file an eviction. The staff and judges aren’t at the courthouse, the eviction court is closed.
The mainstream media and Democrats are going to cover this up as long as possible. They don’t care what happens to people who can’t pay rent/mortgages. All that matters is getting Trump out of office and then turning and punishing those who supported him. Nothing else matters.
I feel that ALL the way up the food chain — from Renters —> Landlords —> Banks, and Homeowners —> Banks, there should be a Federal moratorium on housing payments. The Fedgov could use those trillions they are issuing to make sure the banks don’t go under.
So you evict all your tenants. Then what? With this economy, no one is going to replace them. Better to have them pay what they can and keep the residence active (lawns mowed and watered, etc. ) until the money starts to flow again.
Total FEAR Mongering article. Not gonna happen.
Who ordered the lockdown for Oklahoma?
If the govt decides to help out landlords, those with less tenants would get less “free” money.
I’m more concerned with what 10 million illegal immigrants with do without money and unemployment when the food runs out.
The response to this crisis is infested with “moral hazards” which is a euphemism for rewarding and/or enabling irresponsible behavior, leading to bigger crisis.
The Rats are in hog heaven.
Many of these are likely related to prepandemic rent issues, but those numbers will continue to grow.
...
But the media will turn it into a big pandemic story anyway.
The landlords are being ordered by the Government to pay All taxes,fees,and expenses on the tenants housing while they are receiving no income from the property. Smaller landlords are going to go bankrupt and loose those homes. Forced Welfare at the expense of the landlord.
How is that Fair? If the government want to do this then the government should pay the rent.
Oklahoma, like Texas has got a double whammy. The oil bidness is in the shitter and literally thousands are losing their jobs as we speak.
On picture, it says “5518 Woodbrier”; stamp says “...homa county”.
Apartment building in OKC, per my research.
ALL DESIGNED TO DESTROY TRUMP’S ECONOMY, SHUTDOWN HIS RALLIES, AND USHER IN GLOBALISM.
What a group.
Windfall workload for property lawyers, judges, court clerks. Boomtime!
The Fauci Depression.
Not gonna happen. When one idividual is under water with the bank that individual has a hell of a problem. When millions of individuals are under water the bank then has a partner they hope can pay the mortgage in the future.
Circa 1983 the oilfield went down the tubes in Texas. We found to damn much oil and the price collapsed. A friend of mine could not pay his mortgage. He had not a job. Oddly the bank allowed him to live in the house though he was months behind on his mortgage. The bank knew full well that house had not a buyer if they evicted my friend. The bank also knew my friend would maintain the home.
When times turned better he paid his mortgage and all past due payments. He was a geology university professor in his second life.
This economic shut down is nothing but war on the middle class. The big money is going to kick everyone who had a business or worked in a business that was deemed ‘not essential’ out of their homes and for a dime on the dollar.
Sob story.