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Started By
Message
re: House is now recessed for 6 weeks with an eviction moratorium this week
Posted on 7/31/21 at 8:48 am to OMLandshark
Posted on 7/31/21 at 8:48 am to OMLandshark
Jimmy Dore reports the truth on this
well worth the time to watch
Biden Evicting Millions THIS WEEKEND
well worth the time to watch
Biden Evicting Millions THIS WEEKEND
0
Posted on 7/31/21 at 8:54 am to tarzana
Unbelievably, stupid life decisions have consequences. Nothing in life is free, everyone able-bodied have opportunities.
Posted on 7/31/21 at 9:04 am to Bill Parker?
[quote]Monstrous unemployment checks, monstrous stimulus checks and free rent.
So somebody please explain to me why all the crab king restaurants are killing it.[/quotequo
And hotels.
Hotels have been overrun with idiots that have never traveled, have unrealistic expectations, cause major scenes if they don't get their way, and dress in a way that makes Wal Mart customers look like high fashion. And they think non smoking rooms/hallways don't apply to them, especially if it is Marijuana.
So somebody please explain to me why all the crab king restaurants are killing it.[/quotequo
And hotels.
Hotels have been overrun with idiots that have never traveled, have unrealistic expectations, cause major scenes if they don't get their way, and dress in a way that makes Wal Mart customers look like high fashion. And they think non smoking rooms/hallways don't apply to them, especially if it is Marijuana.
Posted on 7/31/21 at 9:14 am to OMLandshark
Imagine people who made a complete living off of rentals. Jimmy in the vid said landlords were finding loopholes and evicted still-- but that still leaves them with an empty rental or if lucky someone that pays their rent.
Also: only the favored Uncle JoBama banks were offering true forbearance. My mortgage company made it clear that if you showed proof you were distressed because of covid you could not make any payments for 6 mos-BUT at the end of the 6mos you owed it all.
I never had to use it thank God. But the housing crisis we are getting ready to have; will make the 2008 one look like candy land.
Also: only the favored Uncle JoBama banks were offering true forbearance. My mortgage company made it clear that if you showed proof you were distressed because of covid you could not make any payments for 6 mos-BUT at the end of the 6mos you owed it all.
I never had to use it thank God. But the housing crisis we are getting ready to have; will make the 2008 one look like candy land.
This post was edited on 7/31/21 at 9:16 am
Posted on 7/31/21 at 9:51 am to dewster
quote:
I think it’s atrocious that an eviction moratorium was in place at all.
Made sense from March through May of last year when the government was forcing you to stay at home. Now it doesn’t though.
Posted on 7/31/21 at 9:53 am to OMLandshark
Due to the enhanced unemployment, people preferred to sit at home and make money.
They spent money on lots of shite they didn't need because they didn't need to pay rent.
They couldn't get evicted. Thus, because of stress of the pandemic, they spent money on things they didn't need but wanted.
The democrats cry and say you would prevent a poor family from buying a big TV to make their families isolation during the pandemic tolerable.
And I say if they couldn't afford that and rent and food, yes. People survived with black and white TVs.
People need to take ownership of their lives. And part of that returns with people having to pay rent.
Their are millions of unfilled jobs out there.
People will be alright but they will have to work.
Those that truly can't I'm fine with, but there were many taking advantage of this.
They spent money on lots of shite they didn't need because they didn't need to pay rent.
They couldn't get evicted. Thus, because of stress of the pandemic, they spent money on things they didn't need but wanted.
The democrats cry and say you would prevent a poor family from buying a big TV to make their families isolation during the pandemic tolerable.
And I say if they couldn't afford that and rent and food, yes. People survived with black and white TVs.
People need to take ownership of their lives. And part of that returns with people having to pay rent.
Their are millions of unfilled jobs out there.
People will be alright but they will have to work.
Those that truly can't I'm fine with, but there were many taking advantage of this.
Posted on 7/31/21 at 10:09 am to OMLandshark
And what about the owner's that have to pay the way of the one's not paying rent?
Any legislation to protect them?
Any legislation to protect them?
Posted on 7/31/21 at 10:10 am to OMLandshark
quote:
Made sense from March through May of last year
It never made sense to make the property owner pay your bills.
Posted on 7/31/21 at 10:11 am to Tantal
This is what these hedge funds and Wall Street in general has been waiting for , to start the land grabs
Posted on 7/31/21 at 10:16 am to thetempleowl
quote:well said
Due to the enhanced unemployment, people preferred to sit at home and make money.
They spent money on lots of shite they didn't need because they didn't need to pay rent.
They couldn't get evicted. Thus, because of stress of the pandemic, they spent money on things they didn't need but wanted.
The democrats cry and say you would prevent a poor family from buying a big TV to make their families isolation during the pandemic tolerable.
And I say if they couldn't afford that and rent and food, yes. People survived with black and white TVs.
People need to take ownership of their lives. And part of that returns with people having to pay rent.
Their are millions of unfilled jobs out there.
People will be alright but they will have to work.
Those that truly can't I'm fine with, but there were many taking advantage of this.
I doubt any of the child tax credit monies went to mortgages or rent.
Posted on 7/31/21 at 10:31 am to thetempleowl
quote:
Jack Posobiec
@JackPosobiec
·
14h
BREAKING: Biden was presented a plan for a Phased Lift of the eviction moratorium on a regional basis but rejected it due to Wall Street pressure, per WH official
Posted on 7/31/21 at 10:41 am to imjustafatkid
quote:Now maybe some of these lazy bastards will HAVE to get work to pay their rent/mortgage.
Good. Glad they didn't extend it.
Posted on 7/31/21 at 10:46 am to OMLandshark
Good. These kids who come out here with no job to get high, ski, and vote far left need to go back East to parent's basement and learn some financial responsibility.
Posted on 7/31/21 at 10:59 am to coachcrisp
quote:And Biden's twitter handlers will claim new jobs.
Now maybe some of these lazy bastards will HAVE to get work to pay their rent/mortgage.
Posted on 7/31/21 at 11:01 am to tarzana
Where, exactly, did all the money go? Because the ones on unemployment were making more money than ever before in most states.
Posted on 7/31/21 at 11:06 am to cajunangelle
quote:
Imagine people who made a complete living off of rentals
i know many as I am a RE guy
quote:
Jimmy in the vid said landlords were finding loopholes
yes IF a fannie/freddie backed mortgage. people who used private lenders can do WTF they want.
quote:
My mortgage company made it clear that if you showed proof you were distressed because of covid you could not make any payments for 6 mos-BUT at the end of the 6mos you owed it all.
that is how most all operated. you will fricking pay the whole thing back lump sum. very few deferred to the back of the loan.
This post was edited on 7/31/21 at 11:08 am
Posted on 7/31/21 at 11:08 am to Tantal
Ya, right bro. Cost of capital is half the inflation rate right now. This foreclosed homes are going to get gobbled up by individual investors. Lower end properties are the only thing around the cities that have decent cap rates.
Posted on 7/31/21 at 11:08 am to teke184
quote:
Most assholes just decided to stop paying once it became clear that they weren’t going to be evicted for it in the short term.
i'm thankful i never had those issues with my rentals.
Posted on 7/31/21 at 11:11 am to wutangfinancial
quote:
This foreclosed homes are going to get gobbled up by individual investors.
yup. i will be ramping up my fix and flip side of business when time is right.
Posted on 7/31/21 at 11:17 am to AubieinNC2009
quote:
I would bet she tries to do one of the weird recess scams to get it pass
“Wait till you see this one weird trick they don’t want you to know about…”
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