[alancarp]

So here we go... all those who spent their ‘stimulus’ money on toys instead of rent: your day of reckoning has now arrived.

[flamberge]

...your day of reckoning has now arrived.

And everybody else's too.

Just where do you suppose all of those deadbeat renters are going to go? Many have no place they can go. Many will not leave peaceably. Some will leave after trashing their former residences out of spite, and making them uninhabitable. Some evictees will end up living 12 to a house - in a neighborhood way too close to you and me.

90% of the rental properties (apartments) in this metro area are owed by 12 Real Estate Investment companies. All of those companies are controlled by Chinese investors. Not noted for their forbearance. There are about 200,000 pending eviction notices which will be enforced as soon as moratoriums expire later this spring.

I am glad that I am not on any Sheriff detail tasked with evictions. They are gonna be swamped. Not looking forward to the aftermath.

Spicy times are coming.

[Svartalfiar]

So here we go... all those who spent their ‘stimulus’ money on toys instead of rent: your day of reckoning has now arrived.

Meh. The stimulus was what, $3200 at most? So that would cover two months of my mortgage. Someone in a cheap apartment, maybe five or six months. And it's been over a year since we had our two-week flattening the curve...