It's HERE!

HR1847 "To suspend obligation of residential renters and Mortgagors to make payment during the COVID-19 emergency, and for other purposes."

For other purposes indeed. If a Landlord applies for aid,all owned property must be registered with HUD, not just those for whom aid will be requested, as well as all other assets. List of properties and valuation will allow taxation based on wealth. May not deny housing for any reason including inability to afford utilities, criminal history, etc. Rents frozen for 5 years. Landlord reimbursement graduated by income. Multifamilies of over 5 units may not be sold or transferred for 5 years without HUD approval and HUD will then notify all eligible purchasers of availability with priority given to non-profit or other housing organizations. Many goodies.

Time to sell!

Who knows what lunacy they will do next.

If this does not go through, they will just put it into every bill that they propose until one gets signed.

26 page draft is available on her website. Read it and weep. Lessors also forced to accept Sec8.

May not deny housing for any reason? Hahaha. Could cut that 26 page document down to 1 sentence: "House them all for free and don't ever evict them."

If you dare to ask for rent you will be fined $5000,

In the words of that famous American philosopher

“Stupid is as stupid does.”

-Forrest Gump

In 1997 the L.A. Tax Assessor decided not to reduce the tax base on income property sold after there was a significant decline in property values, so the County could keep the over payments for years and earn high interest rates -- $36,000,000. Then when an appeal is filed by the tax payer, only the principal over tax and not the interest would be returned.

The way all City and County employee's could receive their bonus, keep their jobs, continue to drive city provided vehicles and get free gas debit cards.

The landlords had to struggle so the elite could splurge.

Oh also the City made sure to push assisted housing so they City could skin 25% of the rents paid by the State into their pockets.

Is this a country wide bill or state specific?

Instead of spewing outrage to the converted on the platform, we need to do something about this. My suggestion:

1) Write to all of your elected representatives (federal, state, and local) and give them a reality check. Explain to them that providing housing is a BUSINESS, not a charity, just like grocery stores and gas stations. The motivation for offering your services is PROFIT. It's not a dirty word, it's how you get paid. Explain how a bill like this will put you out of business and make the housing problem worse. Mention the disaster that is government housing projects. Suggest that they might consider SUPPORTING small business owners who provide housing instead of telling them to bend over and drop their pants.

2) Put your money where your mouth is. We all talk about how we need to band together as housing providers to fight for our rights. Pacific Legal Foundation just won a case in Ohio that ruled that the CDC overstepped its bounds with the eviction moratorium. They fight for the rights of property owners all over the country. Donate:

Lana, I think "passing the constitutional authority test" has different meaning to different Americans these days. Like I've said, this administration* has lost its credibility. If things pass that affect my business that I don't agree with or doesn't make me money, I'm finding ways to ignore it. I can add to that that I will also look for ways to not do business with people who these types of laws benefit.

So I had to check.... and with a deep breath, I had to see if any of the Cosponsors for the bill were from Iowa.

Low and behold they are not. Thank goodness, there is one time there are smarts there.

With this bill, the key is to notice that it requires that the Housing Provider ask the government for help. Is it a huge monumental overreach of an information grab? Yes. Is it a pure property grab? Yes.

So my solution is going to be: don't ask the government for help. Evict and sell, or sell, or convert to AirBnb or put a family member in the house or what have you.

People grabbing these PPP and EIDL loans just because they can ... I think they will regret it.

With this bill, the key is to notice that it requires that the Housing Provider ask the government for help. Is it a huge monumental overreach of an information grab? Yes. Is it a pure property grab? Yes.

So my solution is going to be: don't ask the government for help. Evict and sell, or sell, or convert to AirBnb or put a family member in the house or what have you.

People grabbing these PPP and EIDL loans just because they can ... I think they will regret it.

[[[[..... it requires that the Housing Provider ask the government for help.....]]]]

This time.

I go back to the PPP and EIDL loans. Housing Providers who hadn't lost a cent of rent were lining up to get them "premptively" and others because they knew that at least some would not have to be paid back. People without a single person on a payroll were grabbing Paycheck Protection Loans.

In future, if you are going to do that kind of cash grab, you probably should have to prove you need it! AS A TAXPAYER myself, I'm not a fan of Housing Providers enriching themself at my expense.