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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Federal judge rules evict... » Reply #39

Response to TomSlick (Reply #2)

Fri Feb 26, 2021, 01:27 PM

39. Agree with this

I have neighbors who have rental properties for their income, they have had people in a couple of their properties stop paying rent 9 months ago and they've had no recourse. They literally sold their own home and moved into an apartment to raise cash so they can continue to make their payments on their properties. So they quite literally lost their own home because they weren't allowed to evict tenants who weren't paying rent.

I know a lot of people who have a 2nd home as rental income, they basically do it to build equity as part of their retirement plan, without rent coming in they cannot make the payments.

No one should be thrown out onto the street, but private property is private property and the government can't use it without compensating people.

And the one neighbor said that as soon as the moratorium began, one of his tenants stopped paying even though they didn't lose their job, just said he's not paying and has been squatting there since.

As is mentioned in this thread, an end on evictions isn't the answer, ensuring people have the money to pay rent is.

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Replies to this discussion thread
Arrow 42 replies Author Time Post
orangecrush Feb 25 OP
yaesu Feb 25 #1
NYC Liberal Feb 25 #3
Amishman Feb 26 #20
DownriverDem Feb 26 #30
NotHardly Feb 26 #37
TomSlick Feb 25 #2
PSPS Feb 25 #4
TomSlick Feb 25 #6
cstanleytech Feb 26 #10
Hugh_Lebowski Feb 26 #14
cstanleytech Feb 26 #17
Hugh_Lebowski Feb 26 #18
cstanleytech Feb 26 #19
oldsoftie Feb 26 #23
cstanleytech Feb 26 #29
ripcord Feb 26 #31
cstanleytech Feb 26 #32
ripcord Feb 26 #33
cstanleytech Feb 26 #36
ripcord Feb 26 #38
mopinko Feb 26 #8
oldsoftie Feb 26 #24
Blasphemer Feb 26 #9
LovingA2andMI Feb 26 #13
Hugh_Lebowski Feb 26 #15
Amishman Feb 26 #21
LineLineNew Reply Agree with this
Johnny2X2X Feb 26 #39
ripcord Feb 26 #41
Johnny2X2X Feb 26 #42
area51 Feb 25 #5
catrose Feb 26 #7
rdking647 Feb 26 #11
Sibelius Fan Feb 26 #12
Hugh_Lebowski Feb 26 #16
LymphocyteLover Feb 26 #28
oldsoftie Feb 26 #22
Escurumbele Feb 26 #25
bucolic_frolic Feb 26 #26
Dr. Strange Feb 26 #34
bucolic_frolic Feb 26 #35
TomSlick Feb 26 #40
LymphocyteLover Feb 26 #27
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