Detroit Rent Protest (by W [CA]) Feb 21, 2021 1:39 AM|
Detroit Rent Protest (by Robert J [CA]) Feb 21, 2021 2:58 AM
Detroit Rent Protest (by NE [PA]) Feb 21, 2021 6:10 AM
Detroit Rent Protest (by Allym [NJ]) Feb 21, 2021 7:29 AM
Detroit Rent Protest (by S i d [MO]) Feb 21, 2021 9:21 AM
Detroit Rent Protest (by Deanna [TX]) Feb 21, 2021 9:22 AM
Detroit Rent Protest (by plenty [MO]) Feb 21, 2021 9:29 AM
Detroit Rent Protest (by 6x6 [TN]) Feb 21, 2021 11:05 AM
Detroit Rent Protest (by BRAD 20,000 [IN]) Feb 21, 2021 12:36 PM
Detroit Rent Protest (by Hollis [MA]) Feb 21, 2021 12:36 PM
Detroit Rent Protest (by Robert,OntarioCanada [ON]) Feb 21, 2021 1:14 PM
Detroit Rent Protest (by tonia [RI]) Feb 21, 2021 8:11 PM
Detroit Rent Protest (by Robert,OntarioCanada [ON]) Feb 22, 2021 6:29 AM
Detroit Rent Protest (by Vee [OH]) Feb 22, 2021 1:09 PM
Detroit Rent Protest (by Wilma [PA]) Feb 22, 2021 3:41 PM
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Detroit Rent Protest (by W [CA]) Posted on: Feb 21, 2021 1:39 AM
Zerohedge dot com
" At least 100 people gathered at a rent demonstration in Detroit on Saturday afternoon following a mother who was evicted with police assistance not too long ago. People walked the streets in the metro area, shouting, "no slumlords, no cops, all evictions got to stop!" This comes as millions of Americans are behind in rent and face eviction if the nationwide moratorium expires at the end of March . . .
Commenters: Basically a large group of thugs trying to use intimidation to get free stuff. If I was a landlord I would probably be burying a few people if they were not paying and making me risk losing my property. I'm over it. This is where we are at: when the government turns into a thug, removing property rights, you're either a slave or willing to use the same force the government will use against you to protect yourself and your property.
Without property rights you are a slave. Take my stuff and I'll bury you. Simple.
Next: Apparently contracts have no bearing anymore. If you signed a rental agreement then you're obligated to pay for your living space. If that's no longer true then the rule of law is dead.
Next: Unbelievable. I'm a small landlord, been working hard on it for over a decade. This is SUCH HORSE****. This whole eviction moratorium. It's KILLING small landlords. These people protesting, are a bunch of ignorant sheep. **** them, every last one.
Next: You gotta protest for your right to welfare, free housing and netflix and chill. Looks like difficult work . . .
Next: After mass evictions, there is another wave of problems to come. The government has now shown what it can do to a landlord's rights and equity in property. The residential rent problem was not socialized and paid by taxes. Instead, landlords were forced to solve a government problem by essentially making loans to their tenants month after month. After a month or two, most of these tenants would meet the legal definition of bankrupt; liabilities exceed assets. The landlord was forced by government's hand to continue to make unsecured loans every month to a bankrupt party under the theory that they can someday hire a lawyer, sue, get a judgment, and recover on those funded loans. Those account receivables will not be worth one cent on the dollar. This was really an unconstitutional taking from the landlord and a wealth transfer to the tenant, all justified by masquerading it as merely a rent postponement.
Now the landlord has his property back and he somehow needs to incorporate these newfound risks into his rental operation. Unlike other major risks, this peril is not insurable. The only thing a landlord can do is to qualify applicants, not merely for their ability to perform as a tenant, but additionally to borrow from the landlord a sum equal to about two years of rent when the government says so. What tenant qualifies for that? This is where the true damage from government's action will become apparent. The only solution I can imagine is that government will need to issue tenant surety bonds to landlords, essentially gov co-signing the lease or guaranteeing performance. Something similar happens now with Section 8 housing. --174.65.x.xxx
Detroit Rent Protest (by Robert J [CA]) Posted on: Feb 21, 2021 2:58 AM
The theft of property is nothing new to Los Angeles. This is why in 1998, the City owned $750,000,000 worth of stolen property. In my case the "City" would send out notices to the previous owners of Apartment Building with minor violations. The notices would sometimes get sent back to the City saying, "unable to deliver, returned to sender". Then "Housing" would put a "code" on the file (computer) meaning, Document never received, able to proceed without impunity".
Then the City would issues fines, violations that needed to be resolved within 10 days. If the property still had issues after the 10 days, the property was then placed into REAP (Rent Escrow Account Program). The City ordered the tenant to pay rent to the city, so the landlord had no income and couldn't afford to fix anything.
Finally the landlord would be ordered to take Management Training and it would take 1 to 3 months for a re-inspection if the owner claimed they competed the repairs or upgrades. All of the time not getting a penny in rent.
The City tried this game on me two times in my life. Once when I over extended myself and purchased too many buildings and had to comply with new regulations. Instead of having a few months to upgrade, the city wanted thing done over night on a kings budget. --47.155.xx.xxx
Detroit Rent Protest (by NE [PA]) Posted on: Feb 21, 2021 6:10 AM
The real epidemic is perpetual victimhood. I don't really see this going away. The only solution that I see is once again screening their politics before you hand over the keys. --70.44.xxx.xx
Detroit Rent Protest (by Allym [NJ]) Posted on: Feb 21, 2021 7:29 AM
My town is full of snotty, not too bright clerks in various departments who manage the licenses, inspections, permits etc. These are people to be feared. They are sons and daughters of similar people who got jobs because their relative knew somebody. --108.24.xx.xx
Detroit Rent Protest (by S i d [MO]) Posted on: Feb 21, 2021 9:21 AM
They always eat their own.
How many "progressive" Detroit land lords are enjoying housing their tenants for free and seeing their property values tanking as a result of rent protests and endless moratoriums?
Eventually, this will backfire. Lower investment returns will cause land lords to reduce or eliminate their housing stock, and what they keep will receive less maintenance and fewer renovations. The cities will continue to decay and/or be taken over by the Govt, which has demonstrated many times that they are inept at running housing units. See "The Projects".
There is no free lunch.
Detroit Rent Protest (by Deanna [TX]) Posted on: Feb 21, 2021 9:22 AM
I looked up "Detroit rent protest". The first hit was for an article from a local Detroit paper. It was probably 10 min before I realized it was dated to June 9, 2020.
Then I looked again at my search results. The second hit was for August 17, 2020. The third was an article from May 13, 2020.
Fourth and fifth were a blog and the Zerohedge articles, respectively, talking about more recent events. Next few hits were Aug 17, 2020 again; Jan 16, 2021; and Jan 31, 2021.
Muh gracious, Detroit isn't happy about rent. But every time I see a Detroit article, I think about Nancy (MI), and the state of housing in Detroit around 2005-2008. --137.118.xx.xxx
Detroit Rent Protest (by plenty [MO]) Posted on: Feb 21, 2021 9:29 AM
Long prosper Nancy. I think of her often. Paying attention. --172.58.xx.xx
Detroit Rent Protest (by 6x6 [TN]) Posted on: Feb 21, 2021 11:05 AM
I am inclined to believe that evictions will be a thing of the past. I think this is there plan and that they are taking baby steps.
I hope I am wrong but it sure looks this way. Everyone is following along with all of this like lambs to slaughter.
The government no longer follows the Constitution. In fact, they have been going against it for a while now. We are entering into a new country. Be prepared. --73.120.xx.xxx
Detroit Rent Protest (by BRAD 20,000 [IN]) Posted on: Feb 21, 2021 12:36 PM
Time to get a law license and open a practice doing only bankruptcies. Business will be booming.
Your clients will be both the renter and the landlord.
The govt backed loan will get the house.
Detroit Rent Protest (by Hollis [MA]) Posted on: Feb 21, 2021 12:36 PM
A lot of tenant voters,.. not nearly so many landlord voters.
Then the thing about landlords that they never seem to organize (much). '
Yeah there are some LL local organizations, but what % of LLs in a state belong? Seems like no national group (I That I know of anyway) that has much clout.
Getting a group of landlords to organize is like herding cats...
Detroit Rent Protest (by Robert,OntarioCanada [ON]) Posted on: Feb 21, 2021 1:14 PM
Eviction protests here are being led by the extreme left wing government funded tenancy advocates where the chairs actually own their own houses. Why some have people move into the houses they own then live for free along with free utilities. One of the tenants told me what are doing for the generous half a million dollars per year the municipal government is giving them every year other then providing housing for themselves. One demonstration one of the protesters became violent where there was property damage where she was arrested. Sooner or later those extremists are going to incite a riot. Most people here if they knew about the government funding to the left extremists they would agree not to fund where the government could build affordable housing then those extremists could get a real job. If housing is a right then they move out the houses they own then let people live rent free with free utilities. One time the provincial government funded those extreme left wing tenancy advocates where with one of tenants went down to housing ministers office then asked why are there funding. A month later they stopped funding as a provincial Conservative government was in power. One them sold his house in Ottawa where he moved to Toronto as the city continued to fund nutcases where he bought another house for himself. --99.236.xxx.xxx
Detroit Rent Protest (by tonia [RI]) Posted on: Feb 21, 2021 8:11 PM
I also believe that non-payment evictions are going to remain difficult going forward. I think for only primary reasons (i.e. serious nuisance, lease violations, etc.) will remain factors for evictions post pandemic. Yes, it is time to sit up and pay attention! --108.34.xxx.xx
Detroit Rent Protest (by Robert,OntarioCanada [ON]) Posted on: Feb 22, 2021 6:29 AM
If you turned over all the rental properties to the extreme reactionary groups it would be like a Cinderella story where the clock struck twelve. In the meantime until the vaccines start to arrive then the on and off lock downs are going to continue where constitutional rights are being violated. Governments can not continue to borrow for operating forever where now we are in economic depression that is going to continue as long as we have the negative effects on the economy. Rental housing providers buy goods and services not the flags of profits where wages, environment, human rights is the lowest in the world. Dealing with a country that is completely dishonest along with covered up Covid 19 has caused hardship in the world. One of the reactionary nutcases said the rental housing providers should take reverse mortgages on rental properties where they own their own houses. Banks will never allow that on rental properties. Governments should not be funded these reactionary groups where if the tenancy advocate tenants need to earn that everyday like everyone else instead sitting around a office with a laptop computer talking the talk then accomplishing absolutely nothing for affordable housing. In order to reduce climate change significant investments are going to be expensive where no money no investments. High efficiency gas boilers and indirect hot water tanks are very expensive along with insulation upgrades. It is possible to make a gas boiler that uses hydrogen instead natural gas where the existing gas line would work. The businesses that went bankrupt are not coming back anytime soon where it is going to take years before things start to improve. --99.236.xxx.xxx
Detroit Rent Protest (by Vee [OH]) Posted on: Feb 22, 2021 1:09 PM
Open the airports for housing, 10 percent of the planes air in the air, others can become apartments. --76.188.xxx.xxx
Detroit Rent Protest (by Wilma [PA]) Posted on: Feb 22, 2021 3:41 PM
Vee for the win!
Starting thinking of selling myself - so thankful that no one owes back rent, but I don't like the way things are going in PA and locally.
On the other hand, my tenants have all been either white-collar workers who could work from home in today's technology climate, or essential workers like military/military contractors and medical personnel.
Gotta think it over more. --96.245.xx.xx
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