4 ms·

I mean, they can create these lists all they want - but in the end, it's gonna be all noise. We're living in extraordinary times, and records like these do not

I mean, they can create these lists all they want - but in the end, it's gonna be all noise. We're living in extraordinary times, and records like these do not work for their intended purpose: Singling out renters with history / patterns of delinquency. In fact - If anything, landlords should buckle up and brace for the worst. Trying to get someone evicted right now isn't going to do sh!t. You'll spend MONTHS on the process, with probably no good replacement. No, the best thing to do right now is to contact your tenants and bank(if they own your unit), and work out a plan that works for all parties. You're both deep in it, and there are no good ways out for the next 3-4 months, only the least terrible. And I absolutely understand the frustration of fresh landlords that are mortgaged to their necks with their (maybe) only rental, but that's unfortunately how life is. Good times and bad times.

zentiggr 7y ago
Not going to be noise for prospective tenants who are denied based on a missed payment, reported without context or mitigation. As usual, this is good news for the business end of the database+AI, screw you end of the stick for consumers who have no access to examine, dispute, or have deleted anything the company has collected. Transparency again. And again. Companies need to be forced to disclose the column names in their DBs and justify publicly why they are keeping each piece of data.
- beckingz 7y ago
  I agree with the sentiment, but the obfuscation of database column names that this would cause would be catastrophic for those of us who work with databases.
- Mountain_Skies 7y ago
  It's not good news for landlords if they can't find tenants because they've all been blacklisted even though many would have been good tenants absent the current crisis. Landlords who have monthly carrying costs but no tenants will quickly get hit in the wallet. In the end, unless there is an overabundance of renters, the landlords are going to have to look past this event and look at data from before the pandemic.
- jlokier 7y ago
  The database people really ought to be working on a blacklist of abusive landlords and their properties, for tenants to avoid. Something easily searchable and integrated into mainstream property search sites would be great. "[ ] Hide landlords and agents with many bad reviews from verified tenants, verified history of no-fault evictions, official complaints and government sanctions." But it won't happen as long as it's the landlords who pay for the searchable listing.
amiga_500 7y ago
This might be what they ought to do, but what we are seeing is an entitled class who feel they have a right to fixed income irrespective of economic fundamentals.
- monkeywork 7y ago
  economic fundamentals work great to describe say a restaurant.. if your not making money you can close and not serve customers thus drastically reducing your costs. This is very different for a landlord who is required to keep providing services (often mandated by government). So while I get what you are saying - it's not exactly an equivalent example.
  - Mikeb85 7y ago
    > if your not making money you can close and not serve customers thus drastically reducing your costs. The fixed costs of running a restaurant are $20-100k per month. That's why, once a restaurant has failed, you can literally buy it for nothing just by assuming the lease... At least a landlord still has a valuable asset.
    - monkeywork 7y ago
      not if the bank forecloses on it...

zentiggr 7y ago

Not going to be noise for prospective tenants who are denied based on a missed payment, reported without context or mitigation. As usual, this is good news for the business end of the database+AI, screw you end of the stick for consumers who have no access to examine, dispute, or have deleted anything the company has collected. Transparency again. And again. Companies need to be forced to disclose the column names in their DBs and justify publicly why they are keeping each piece of data.

beckingz 7y ago
I agree with the sentiment, but the obfuscation of database column names that this would cause would be catastrophic for those of us who work with databases.
Mountain_Skies 7y ago
It's not good news for landlords if they can't find tenants because they've all been blacklisted even though many would have been good tenants absent the current crisis. Landlords who have monthly carrying costs but no tenants will quickly get hit in the wallet. In the end, unless there is an overabundance of renters, the landlords are going to have to look past this event and look at data from before the pandemic.
jlokier 7y ago
The database people really ought to be working on a blacklist of abusive landlords and their properties, for tenants to avoid. Something easily searchable and integrated into mainstream property search sites would be great. "[ ] Hide landlords and agents with many bad reviews from verified tenants, verified history of no-fault evictions, official complaints and government sanctions." But it won't happen as long as it's the landlords who pay for the searchable listing.

amiga_500 7y ago

This might be what they ought to do, but what we are seeing is an entitled class who feel they have a right to fixed income irrespective of economic fundamentals.

monkeywork 7y ago
economic fundamentals work great to describe say a restaurant.. if your not making money you can close and not serve customers thus drastically reducing your costs. This is very different for a landlord who is required to keep providing services (often mandated by government). So while I get what you are saying - it's not exactly an equivalent example.
- Mikeb85 7y ago
  > if your not making money you can close and not serve customers thus drastically reducing your costs. The fixed costs of running a restaurant are $20-100k per month. That's why, once a restaurant has failed, you can literally buy it for nothing just by assuming the lease... At least a landlord still has a valuable asset.
  - monkeywork 7y ago
    not if the bank forecloses on it...