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Biden to allow eviction moratorium to expire Saturday

14 Comments
By MICHAEL CASEY

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14 Comments

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Good move by Joe. With a little help from the Supreme Court of course.

Why should landlords have to suffer?

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Economic disaster soon to come

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This economic nightmare is brought to you by Brett Bro and his merry band of morons on SCOTUS.

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Distribute the money, problem solved. No need to continue the moratorium.

They have argued the focus should be on speeding up the distribution of rental assistance.

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Homelessness is set to increase.

0 ( +1 / -1 )

People who routinely screech about Biden and the Dems taking the US down the socialist path are now advocating for more government handouts simply because those handouts will be passed on to the wealthy. Hilarious hypocrisy.

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P. SmithToday  07:40 am JST

People who routinely screech about Biden and the Dems taking the US down the socialist path are now advocating for more government handouts simply because those handouts will be passed on to the wealthy. Hilarious hypocrisy.

Did you read the article? It is the tenants looking for handouts to pay rent. The landlords are looking to get what is owed to them anyway.

Congress has allocated nearly $47 billion in assistance that is supposed to go to help tenants pay off months of back rent. 

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So yeah Dems already funded this socialist program to pay people’s rent in exchange for future considerations (votes). Can at least distribute the money so that landlords can be made whole.

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an unfunded government mandate that forces housing providers to deliver a costly service without compensation

What is wrong with these people?

Don’t they know that their own money grows on trees?

And why is it that so often the words “moratorium” and “extension” are found in the same sentence?

1 ( +1 / -0 )

Homelessness is set to increase.

It’s already through the roof and California and NY, the richest and most profitable States have the worst homeless rates.

https://worldpopulationreview.com/state-rankings/homeless-population-by-state

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There is no need for an eviction ban anymore. It's not fair or equal for the property owner. If you cant pay your rent by now, you never will. Go to Government housing and not private.

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People who routinely screech about Biden and the Dems taking the US down the socialist path are now advocating for more government handouts simply because those handouts will be passed on to the wealthy.

Most landlords are very far from wealthy. The great majority of rentals in the US are owned by owners with five or fewer rentals. We all have day jobs and the rental income maybe pays the mortgage and taxes, or maybe not. For some of us, instead of risking our retirement savings in mutual funds that can lose half their value during a recession, we put that savings into rental properties. After taxes and expenses the rental income is nowhere close to my income from my day job but with Social Security we'll get by. Losing rental income is a tough thing to endure. My insurance and taxes are not suspended, nor are the HOA dues but if a tenant doesn't pay, we have to take those costs out hide on top of that mortgage payment. We have a couple of nonpayers and it has been tough. But to say it only the wealthy losing money is simply not true.

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More affordable housing. Bros in NY was paying $4,000/month for a two-bedroom apartment until he moved further up North.

0 ( +1 / -1 )

It has to end at some point. Let's just hope the anti-vaxxers don't screw this up for everyone else, too.

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