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Dude… as a landlord in a major American city, I’m lucky to be able to choose my tenants. And while I’m talking about the regulations we face, let me further en
by allenrb 3y ago
Dude… as a landlord in a major American city, I’m lucky to be able to choose my tenants.
And while I’m talking about the regulations we face, let me further enlighten you. By making evictions extremely difficult and time-consuming to obtain, cities like mine have ensured that nobody in a marginal situation will be given a chance. We might like you, like your story, maybe even want to help. It doesn’t take getting screwed very many times before business sense has to take over.
Fwiw, as I’ve mentioned over the years a few times, I’m a liberal… but some of these rules in favor of tenants are fundamentally broken and hurt those they’re supposed to help.
- vaxman 3y agoNot sure what your point is, but if you are renting to parties who don't have sufficient income or liquid assets to pay their bills WHEN DUE, then even if they are paying you, you still have recourse to end your contract with them. The question is, how would you know (and be able to prove) with a level of certainty sufficient to justify reclaiming possession of your property on such grounds without being successfully sued? Why not just wait for them to default on their rent? Well, if your tenants gave "permission based access" to their financial accounts over to a third-party service that you subscribed to, that third-party service could tell you and produce copies of the tenant's financial statements issued directly by the tenant's bank. The point of my original post is only that this new technology will result in increased homelessness.