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Because the government put in place an eviction moratorium. Why do the landlords have to pick up the tab? If there was no moratorium and the landlords had the a
by dntrkv 5y ago
Because the government put in place an eviction moratorium. Why do the landlords have to pick up the tab? If there was no moratorium and the landlords had the ability to evict, I would agree with you. But in this case, the government forced them to house people so they should pay up.
- sushid 5y agoThe government forced companies to stop work (retail, factories, etc.) but the companies had to pick up the tab. They had people on payroll, leases to pay, depreciating assets to get rid of.
- dntrkv 5y agoYes, and there were multiple programs enacted to help business owners (PPP, EIDL, Restaurant Revitalization Fund, etc) and employees (EDD, fed unemployment, etc)
- ummonk 5y agoNo, the government didn’t force them to keep people on the payroll. They were free to fire employees.
- beerandt 5y agoThey didn't force companies to continue employing workers, or continue their office leases, or continue any other expense. And they certainly didn't make them continue to pay workers who refused to work (from home or otherwise). Or force them to provide their services/products for free to non-payers.
- commandlinefan 5y ago> Why do the landlords have to pick up the tab Instead we taxpayers have to.
- dntrkv 5y agoAs we should, since the eviction moratorium was put in place to prevent mayhem during a pandemic that affects everyone.
- sushid 5y agoI don't understand why landlords would be in a class by themselves when the pandemic hurt businesses/ventures across the board. Why are restaurants forced to close not made whole? What about factories that lost productivity? What about people that lost their lives being "essential workers"? CA is already the biggest landlord/homeowner friendly state by far with Prop 13 screwing everyone else. Not sure why landlords charging $4000 a month for a 100 year house gets off scot free when we have business shutting down permanently from COVID.
- dntrkv 5y agoPPP ($1T), EIDL ($300B), Stimulus Checks ($400B), Restaurant Revitalization Fund ($30B), EDD/Unemployment ($300 + $600 = $900/week per person) vs $5B ($45B extrapolated to the whole country) for landlords. And the landlords were the only ones that were required to continue providing service without being paid.
- sushid 5y agoWhy are you including federal loan programs and stimulus checks when we're talking about a CA program that benefits only landlords? These are also programs that landlords would have already directly and indirectly benefited from.
- dntrkv 5y agoThis program benefits the tenants who owe back rent, they indirectly benefit the landlords. Otherwise, the landlords can sue/evict those tenants with the repercussions associated with doing so. California stepped up to prevent this. Other states that don't do this, will have a lot of pissed off landlords and homeless people. Most landlords are individuals with 1 or 2 properties and would not qualify for PPP, EIDL, Restaurant Revitalization Fund, or the Shuttered Venues Grant. And even if there weren't programs focused on helping other industries, the way landlords were affected is unique since they had to continue providing service for free. Were restaurants required to continue feeding people throughout the pandemic with no pay?
- alert0 5y agoThis is a similar situation to rent control, it privatizes the costs of a social problem.
- triceratops 5y agoPresumably the eviction moratorium was in place to prevent large-scale homelessness and social unrest. If 10% of the population was suddenly out on the streets, it would be total mayhem; near societal collapse. In a situation like that, how many good, paying tenants are there to go around, to replace the people that got evicted?
- lttlrck 5y agoHowever if the landlords could have evicted non-paying renters they would still have to pay any mortgage payments on the property. The additional cost of housing the renters is incremental.
- mywittyname 5y agoIf rental demand is anything to go by, they would have fared just fine.
- sparky_z 5y agoThe whole point of evicting non-paying renters is so you can replace them with paying renters. If you're prevented from doing that, you're losing 100% of the rent every month. That's the "cost of housing" the non-paying renters. It's not incremental, it's literally everything.