NY Eviction Moratorium (by MAP [NY]) May 4, 2021 1:14 PM
NY Eviction Moratorium (by NE [PA]) May 4, 2021 3:31 PM
NY Eviction Moratorium (by S i d [MO]) May 4, 2021 7:55 PM
NY Eviction Moratorium (by cjl [NY]) May 5, 2021 2:06 PM
NY Eviction Moratorium (by MAP [NY]) May 6, 2021 6:22 AM
NY Eviction Moratorium (by MAP [NY]) Posted on: May 4, 2021 1:14 PM Message:
Extended again through 8/31/21
I'm sure King Andrew thinks he is scoring points on this one. --174.208.x.xxx |
NY Eviction Moratorium (by NE [PA]) Posted on: May 4, 2021 3:31 PM Message:
It's an abstract version of Stockholm Syndrome for most landlords at this point. *shrugs. --70.44.xxx.xx |
NY Eviction Moratorium (by S i d [MO]) Posted on: May 4, 2021 7:55 PM Message:
Surprised? Shouldn't be. My guess is as these new Covid variants come in, it's going to be 1-2 more years before some cities feel comfy ending moratoriums. If more variant arise, there's no telling how long they will take to end. They may never end.
Think about what's happening right now: for over a year, Govt has unconstitutionally deprived land lords of property/income without due process of law. They've gotten away with it, and the people have accepted it and clamored to extend it.
People are now defining housing as a basic human right, meaning they should always get it no matter what. "Cancel
rents" will likely come first, though, because who will be able to pay back 18+ months of unpaid rent, even over the ridiculously generous period of 4 years or so the law plans to give them? Most of those folks were paycheck to paycheck as it was: they can't afford their rent to go up 25%, nor will they stay put.
Midnight moveouts will be common as tenants escape tens of thousands of $$$ in unpaid rent. Bankruptcies will skyrocket. My advice: sell now, before it gets worse. - --107.216.xxx.xxx |
NY Eviction Moratorium (by cjl [NY]) Posted on: May 5, 2021 2:06 PM Message:
Supposedly NY has money to "pay" the tenant/landlord for the past due rent. The issue? They don't know how to do it!
The other issue? They keep extending this along with the other payments to the people that SHOULD be working and the money just keeps adding up. UI is now through the end of August or beginning of September and in NY the moratorium is currently at 8/31 ... so what does that mean to the tenants?
SUMMER OFF!!! Whooo hooo ... lets go (fill in the blank ... camping, beach, bbq, etc, etc).
This is great ... we are working and not getting paid (think about it ... we have these "jobs" where we work by keeping the properties in livable condition, taxes paid, utilities on, etc but we aren't getting paid). How is that not illegal? --67.242.xx.xx |
NY Eviction Moratorium (by MAP [NY]) Posted on: May 6, 2021 6:22 AM Message:
Sadly we are just getting back into RE. Seemed like a good idea at the time under President T. bought the first duplex in a working class/welfare mix town October 2019 for 35K. then we bought another fire sale (literally) with all timber in place (thank the lord with today's lumber prices) gutted and roof already replaced for 18.5K And of course the next door neighbor to the original duplex who is problematic, decided to sell (he's under land contract) for 11K and move out.
Sigh! --72.231.xxx.xx |
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