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> Yeah I still can’t believe they did that, basically allowing someone to occupy your property and there’s nothing you can do about it. The eviction moratorium
by mullingitover 5y ago
> Yeah I still can’t believe they did that, basically allowing someone to occupy your property and there’s nothing you can do about it.
The eviction moratorium didn't take anything from landlords, which is why the courts allowed it. They simply had to wait for payment and couldn't evict. The tenants still owed rent.
The alternative was potentially having roving bands of millions of angry, newly homeless people violently overthrowing the government, in which case landlords would be in an even worse predicament.
> I can’t wait to get out of this situation because I hate it and feel like I have no control over my property but the government incentivized them to not pay rent.
You can seriously look at housing prices and think to yourself that now is a good time to short the housing market?
- Auracle 5y agoGood luck actually collecting once you can finally evict. My parents never even bothering trying when that happens.
- mullingitover 5y agoOn the bright side, it's very likely that any losses in rental income have been more than compensated for by a huge windfall increase in equity. Beyond that, the losses in rental income can probably be written off on taxes.