Check out this organization: National Housing Law Project

They have come up with recommendations for the Presidential Transition 2020

Read what is recommended under: Enact a Broad Eviction Moratorium

It is downright frightening. I wish I could just provide a link to make it easier to read but in any case it is worth reading what is being proposed.

After you read this, can you say that you still want to deal with housing tenants?

To the frightened ones:

Given that we have this predicament (widespread pandemic), what do you think the government should do about preserving American society for the duration of the pandemic?

Do you advocate widespread eviction, resulting in a substantial portion of Americans with no place to live? How much will it cost our treasury to restore the present status quo starting next fall, if we did? Are you willing to pay that cost in tax increases, even aside from the human cost.

Are you willing to pay the human cost of WIDESPREAD homelessness. How would American recover from it? What would the severe social disruption cost us to restore? Would America really EVER recover?

What would be the effect of such homelessness on American productivity?

Sure, this National Housing Law Project is an extremist organization, whose "recommendations" are not likely to be taken seriously in whole. But to ignore the basic problem is a loser's game. We are all taking a hit in this emergency and it will cost us all even more before it will get better. The Federal Reserve BOG has recommended action in the form of a federal subsidy (including federal assistance to unemployed and furloughed workers) for the purpose of preventing collapse of both society and the economy. This is a case of where government support of society is clearly justified.

It's not the job of landlords to ponder such weighty matters. We lease space. That's it. We're not economists or sociologists. We don't set policies. Let someone else figure that out.

In the meantime we are expected to provide a free service with no abatement of our ongoing expenses. That is true of no other free market business that I can think of.

How many companies will want to invest in rental properties after this? How many small owners?

Government is run like a wheel rolling down a hill. It starts out slow, picks up speed and can't be stopped until it crashes into something and does tremendous damage.

Tenants will make false reports to Housing to stop being evicted for non-payment of rent or a violation of the lease.

So with the pandemic, it's just another excuse for a tenant not to pay rent... Then when their 1 year grace period is over, they will move out at the crack of dawn -- never being served -- so they will have no judgement against them.

I have a tenant who has over $250,000 in her retirement accounts. Another $20,000 in her savings/checking accounts and just inherited around half a million dollars. Because he job has her working from home, she is claiming reduced hours and therefor she needs not pay rent. She also purchased a house and is going to move out of State, never to pay the last years worth of rent. Does a person like this deserve $15,000 in free rent?

This is something that I'm going to perfect. On $15,000 worth of rent, after expenses and paying income tax, around $5,000 of that is my personal profit into my pocket. That amount I'm going to try to write off. If I can't collect or get a judgement, and I don't have that income/profit -- they it will be a casualty loss from the illegal regulations imposed by government.

Nevada just extended the moratorium until March 31st.

Portland is run by lunatics. Ted Wheeler marched in support of BLM/Antifa, and even took a hit of mace to the face to exhibit his sincerity. Then he had to move out of his apartment after his new friends tried to burn his building down with him in it. Portland, Seattle, San Francisco all exhibit what happens with perpetual liberal Democratic leadership: homeless everywhere, rampant drug abuse with passed out junkies and used needles abounding, unprosecuted crime because we can't hurt their feelings, social workers replacing police in domestic disturbances(only one dead social worker so far in Olympia Wa, but certainly more to come), and let's not forget the universal surplus of human feces in these "progressive" enclaves. Landlords in OR and Wa simply need to start planning their escape. A good film to watch is Seattle's local TV station, KOMO documentary, "Seattle is Dying:.

Moshe, my fear is the background on these bills. They are inserting language that if you take help from the feds, you owe them your house if you sell within X years, etc.

I hope I am proven wrong but, I think this is proof that this is not going to end and just get worse.

Did you all read the other proposals?

It gets even scarier.

Now that is how long of my life I will not get back.... I read all of it.... Lord help me.

Ms. Ally, Your creative keyboard has given me plenty of fun deciphering it. Keeps the mind active. It's always interesting to see a nice challenge. Keep up the good work. :)

" We lease space. That's it. We're not economists or sociologists. "

Well, obviously you are not (an economist, sociologist or political scientist).

You're a small businessman, but unwilling to take on the responsibility that goes with that vocation. Your business plan should have included coping with the political consequences of this huge pandemic. You should have resources put aside, instead of using close-to-the-edge expansion plans.

Everyone is taking a hit here. We all have a participation cost, because the alternative could actually bring down American society as we have known it.

Of course there are people who abuse the system. All landlords should have planned for that. Those who thought that renting to tenants on the edge of poverty will need to finally make a business plan that knows how to stay successful even while renting to bottom-of-the-barrel applicants. Maybe thats the fault in your business plan. Maybe renting to tenants who have credit problems or secure jobs is not a valid business plan at all.

I'm not a Socialist at all. But I have more than enough education to know that the old American conservative way of life is in genuine danger at this time, just as it was in 1932 when FDR took over. There would have been a revolution if Roosevelt hadnt taken the steps that he did. And American enterprise reached its highest peaks in the ensuing years, despite his Socialist framework.

The world is what it is, advancing Socialist around the world. Even a small businessman, that is a good one, can think about what is happening and be prepared for whats next. Spare resources and good sense are necessary. And those who whine and complain about what has happened o the world will continue to whine because they didn't prepare. And while the world gets better, they will still be whining.

Moshe it is a waste of time to give money directly to irresponsible people especially when they know the government will never enforce their requirement to repay their landlords. We have laws on the books that encourage bad behavior (bankruptcy laws) by allowing people to rack up huge debts with no repercussions of note....and always at someone else’s expense.

Moshe, I don't believe that your "Everyone is taking a hit here. We all have a participation cost, because the alternative could actually bring down American society as we have known it" statement is correct.

"You're a small businessman, but unwilling to take on the responsibility that goes with that vocation. Your business plan should have included coping with the political consequences of this huge pandemic. You should have resources put aside, instead of using close-to-the-edge expansion plans."

You don't have any idea what you're talking about. You're so off-base it's ridiculous.

The responsibility that comes with his vocation is about providing good housing at market rates, maintaining the properties, paying vendors, taxes, etc. That's it. Your assertion that I should have planned for the pandemic is dumb.

I have plenty of resources and am not remotely worried about my personal finances. But that doesn't mean that I am okay with losing money.

You sound like a left wing armchair quarterback who has no idea how this business works. It's not surprising that you live in California. You fit right in.

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I agree Jeff. I get sick of hearing about the poor landlords who won’t be able to make their mortgage payments and the implication that those without a mortgage payment should feel lucky.

What do I think the government should do? If the government wants deadbeats to stay housed in private housing, the government should pay their rent for them: a huge expansion of the Section 8 program.

I have not the slightest problem with multitudes of deadbeats becoming homeless. Mostly, I don't believe it for a second that multitudes would become homeless. If the government hadn't announced that no one has to pay rent, the tenants would have paid their rent. Right now, why should they pay rent? They get their housing for free at someone else' expense and they get to spent their money on other things.

Lisa, well said. That is a really good point.

Moshe, come on, I know you're a smart guy -- do you really believe all of the stuff you just wrote?

As some others said above, the government should have given payments directly to tenants if they were so concerned, instead of robbing Peter to pay Paul.

J, Moshe is right up there with a handful of other posters on here. You really can't listen to anything they say about business or landlording.

>> Moshe wrote -- Your business plan should have included coping with the political consequences of this huge pandemic.

Pray tell, where do you keep your endless supply of negotiable currency?

Obviously, a single mattress wouldn't suffice to store multiple years of funding expenses with no income to top it up.

Clearly, Federally backed banks would prove to be worth less than nothing if the government decides you don't need your riches.

Educate us all with your wisdom and let us know how you plan to survive 2, 5, or 10 years with no tenants paying for the services you provide and still manage to keep up with maintenance, property taxes and expenses.

I'd be perfectly happy if the government stacked up thousands of shipping containers for the displaced deadbeats.... except that I can buy one with a door and window cut in and a new paint job for $2500 and the givernment would probably pay $100,000 each for them.

The scary part is even without full income, are you expected to pay full taxes from the same group that limited your ability to receive all income due?

Social and economic equality starts with the government that follows the same rules that it requires us to follow.

Lack of proper education causes self-inflicted inequality. Or maybe predetermined inequality.

“I don’t want a nation of thinkers, I want a nation of workers.”