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> you've found yourself in a situation where your business is no longer viable I mean to be fair here the government instituted a policy that basically took he

by zugi 5y ago

> you've found yourself in a situation where your business is no longer viable I mean to be fair here the government instituted a policy that basically took her property and allocated it for someone else's use for free, depriving her of its use either for revenue or as a place to live. It's a bit disingenuous to spin this as some sort of speculative investment gone wrong.

Guest42 5y ago
I’d claim there’s a good chance that mass evictions would lend themselves to lower property values and rental incomes which would also lead to an unsuccessful business strategy and a similar outcome. Whether or not this is preferable would then be a separate conversation of hypotheticals.
- m0zg 5y ago
  Mass evictions would lead to everything opening back up overnight. It's utterly pointless to have _any_ anti-COVID measures at all when a vaccine is available to anyone who wants it. Moreover, it's strongly counterproductive. Let me explain this to folks as simply and unambiguously as I can. Have you ever had a cold? Yes? You will have COVID in the near future. No ifs or buts about it. You will have it, several times each year, for the rest of your life, it's endemic and unavoidable. Do you not want to die of COVID? Get the vax. The calculus is _really_ simple here. This should be the messaging from the CDC and everyone else. People (vaxxed and unvaxxed alike) seem to think they'll be able to "avoid" it somehow. That option was off the table as early as in January of 2020. Why are we subjecting millions of small landlords to this hadship, especially in the cases where tenants _can_ pay?
  - deleted 5y ago
    [deleted]
marcellus23 5y ago
Government interference in emergencies is a risk of doing business.
ryan_lane 5y ago
It's a bit disingenuous to say the government took her property and allocated it to someone else's use. The government, during an emergency, disallowed eviction, but didn't cancel rent. The rent is still owed. I'm not spinning this as a speculative business gone wrong. I'm saying it's a business, and like all business there's risk. Have you ever done contract work, then had to chase the client down for months for the money? Do you have any idea how bad accounts receivable is in a normal business? Sometimes things unexpectedly go wrong, and businesses go out of business. If I need to choose between a business going under, and millions of people becoming homeless, it's a pretty obvious choice. It becomes even more obvious when you consider the fact that letting millions of people become homeless also crashes the rental market, as prices would plummet.
effingwewt 5y ago
If we were being fair one party wouldn't be allowed to buy a shelter and rent it to someone who has less means than them. It's hard to feel pity for someone who owns and rents three properties, yet wants us to believe they are without recourse, such as renting a temporary domicile herself. The government also shut down businesses which means people like the tenant lost their jobs and ability to pay. All this is frighteningly prescient with regards to the first generation to receive no SSI, no retirement, no way to make money, and yet will have to pay rent until the day they die.

by zugi 5y ago

Guest42 5y ago

I’d claim there’s a good chance that mass evictions would lend themselves to lower property values and rental incomes which would also lead to an unsuccessful business strategy and a similar outcome. Whether or not this is preferable would then be a separate conversation of hypotheticals.

m0zg 5y ago
Mass evictions would lead to everything opening back up overnight. It's utterly pointless to have _any_ anti-COVID measures at all when a vaccine is available to anyone who wants it. Moreover, it's strongly counterproductive. Let me explain this to folks as simply and unambiguously as I can. Have you ever had a cold? Yes? You will have COVID in the near future. No ifs or buts about it. You will have it, several times each year, for the rest of your life, it's endemic and unavoidable. Do you not want to die of COVID? Get the vax. The calculus is _really_ simple here. This should be the messaging from the CDC and everyone else. People (vaxxed and unvaxxed alike) seem to think they'll be able to "avoid" it somehow. That option was off the table as early as in January of 2020. Why are we subjecting millions of small landlords to this hadship, especially in the cases where tenants _can_ pay?
- deleted 5y ago
  [deleted]

marcellus23 5y ago

Government interference in emergencies is a risk of doing business.

ryan_lane 5y ago

It's a bit disingenuous to say the government took her property and allocated it to someone else's use. The government, during an emergency, disallowed eviction, but didn't cancel rent. The rent is still owed. I'm not spinning this as a speculative business gone wrong. I'm saying it's a business, and like all business there's risk. Have you ever done contract work, then had to chase the client down for months for the money? Do you have any idea how bad accounts receivable is in a normal business? Sometimes things unexpectedly go wrong, and businesses go out of business. If I need to choose between a business going under, and millions of people becoming homeless, it's a pretty obvious choice. It becomes even more obvious when you consider the fact that letting millions of people become homeless also crashes the rental market, as prices would plummet.

effingwewt 5y ago

If we were being fair one party wouldn't be allowed to buy a shelter and rent it to someone who has less means than them. It's hard to feel pity for someone who owns and rents three properties, yet wants us to believe they are without recourse, such as renting a temporary domicile herself. The government also shut down businesses which means people like the tenant lost their jobs and ability to pay. All this is frighteningly prescient with regards to the first generation to receive no SSI, no retirement, no way to make money, and yet will have to pay rent until the day they die.