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Explain how making people pay rent while preventing them from working makes sens

??? WTF? Is this just some jew thing?
Soul-stirring flatulent meetinghouse
  03/20/20
But we have to contain the outbreak
House-broken odious range
  03/20/20
the jew must get paid. thats an axiomatic statement. the...
pink fortuitous meteor school
  03/20/20
...
Beady-eyed messiness legal warrant
  03/20/20
...
domesticated mauve station codepig
  03/20/20
...
concupiscible toilet seat
  03/21/20
...
Low-t diverse roast beef cuck
  03/20/20
You're supposed to have a 50-month emergency fund since ITE....
Electric university
  03/20/20
...
cerebral flesh library wrinkle
  03/20/20
...
Swollen Ruddy Affirmative Action
  03/20/20
...
Henna startled volcanic crater
  03/20/20
...
light free-loading foreskin kitchen
  03/20/20
...
Puce dysfunction
  03/20/20
...
godawful underhanded lodge dog poop
  03/20/20
...
turquoise private investor police squad
  03/20/20
...
Territorial Lay
  03/20/20
...
Beady-eyed messiness legal warrant
  03/20/20
...
Arousing psychic
  03/20/20
I have more money than that, but I'd killself first.
Drunken glittery alpha
  03/20/20
There's no realistic way to suspend rent obligations. When ...
cyan trailer park
  03/20/20
this doesnt explain tho how ppl who arent getting paid are s...
pink fortuitous meteor school
  03/20/20
That's the renter's problem.
cyan trailer park
  03/20/20
why not just have the landlords not get their money? why sho...
Soul-stirring flatulent meetinghouse
  03/20/20
Because Cohen Benefits
big crusty organic girlfriend
  03/20/20
Tenants promised to pay rent in exchange for occupancy right...
cyan trailer park
  03/20/20
yes, there's an implied force majeure clause in the rental c...
Soul-stirring flatulent meetinghouse
  03/20/20
then there's one in the mortgage contract, too
Heady unholy prole step-uncle's house
  03/20/20
agreed, mortgage payments are already being freezed. but ren...
Soul-stirring flatulent meetinghouse
  03/20/20
The borrower will still have to pay the full amount of the m...
cyan trailer park
  03/20/20
ok, why not defer rent payments then? simply spread out the ...
Soul-stirring flatulent meetinghouse
  03/20/20
I don't object to it. Renters do, though, because they don'...
cyan trailer park
  03/20/20
maybe on an asset by asset basis via a special workout, but ...
godawful underhanded lodge dog poop
  03/20/20
99% chance the property is being financed and landlord owes ...
godawful underhanded lodge dog poop
  03/20/20
Not when the government has shut down society. If one groups...
magical excitant resort
  03/20/20
That makes no sense. The government is shutting down workpl...
cyan trailer park
  03/20/20
GO BACK TO ISRAEL
Irate fanboi
  03/20/20
...
Tan den azn
  03/20/20
...
magical excitant resort
  03/20/20
...
Arousing psychic
  03/20/20
...
vivacious shrine wagecucks
  03/20/20
i say kill this kike right where it squawks.
pink fortuitous meteor school
  03/20/20
...
Lascivious Patrolman Internal Respiration
  03/20/20
...
Arousing psychic
  03/20/20
...
domesticated mauve station codepig
  03/20/20
...
Territorial Lay
  03/20/20
Why does controlling the spread of COVID-19 take precedence ...
insane whorehouse
  03/20/20
(anti-semite)
godawful underhanded lodge dog poop
  03/20/20
...
magical excitant resort
  03/20/20
?
Territorial Lay
  03/20/20
...
Arousing psychic
  03/20/20
In a civilized world, force majeure would be read into every...
chrome cruel-hearted sex offender circlehead
  03/20/20
That would, at best, allow tenants to vacate early and stop ...
cyan trailer park
  03/20/20
Obviously it would be one-sided in favor of renters (until t...
chrome cruel-hearted sex offender circlehead
  03/20/20
only would work if mortgagee is also deprived of its right t...
godawful underhanded lodge dog poop
  03/20/20
Lol
avocado infuriating location
  03/21/20
just pass a law that no rent can be collected while a state ...
Irate fanboi
  03/20/20
Then everyone gets evicted when the emergency passes, becaus...
cyan trailer park
  03/20/20
No back rent, we just hit the unpause button and every retur...
Irate fanboi
  03/20/20
...
Tan den azn
  03/20/20
That's absurd. If you want the government to give away peop...
cyan trailer park
  03/20/20
Rent would skyrocket then.
amethyst new version
  03/20/20
Only if you're on a month to month lease
House-broken odious range
  03/20/20
If landlords have to bear this new risk, I’m confident...
amethyst new version
  03/20/20
State can suspend property tax too then
ungodly arrogant indian lodge factory reset button
  03/20/20
just have some other kike make an insurance product for it
adulterous exhilarant corner
  03/20/20
why would interest accrue when mortgage payments are suspend...
Tan den azn
  03/20/20
Because who's gonna pay the administrators during this time ...
House-broken odious range
  03/20/20
what administrators? nobody is "administering" any...
Tan den azn
  03/20/20
...
Arousing psychic
  03/20/20
Because our economic system is designed to benefit the owner...
Opaque Death Wish Preventive Strike
  03/20/20
Pay your rent, deadbeat.
cyan trailer park
  03/20/20
This is bullshit, you act like landlords have 0% liquid and ...
Electric university
  03/20/20
...
Soul-stirring flatulent meetinghouse
  03/20/20
You can give temporary hand-outs to renters, or allow renter...
Talented hissy fit
  03/20/20
...
Soul-stirring flatulent meetinghouse
  03/20/20
Landlord kikes are going to be very surprised when evicting ...
disrespectful yellow spot
  03/20/20
yes, i'm sure a government run with a LANDLORD as POTUS is g...
Heady unholy prole step-uncle's house
  03/20/20
Twist: knowing the Jew allows one to name it
disrespectful yellow spot
  03/20/20
Landlords typically service secured debt every month The...
amethyst new version
  03/20/20
Respond to this if you think an unexpected emergency price c...
amethyst new version
  03/20/20
nobody who took econ 101 would say there's literally no impa...
Passionate stage
  03/20/20
Who said anything about collapse? It will backfire in lots o...
amethyst new version
  03/20/20
I'm saying that next time around landlords can buy insurance...
Passionate stage
  03/20/20
tcr, pls go ahead and close thread mods
godawful underhanded lodge dog poop
  03/20/20
this is even more complicated if the originated debt is secu...
godawful underhanded lodge dog poop
  03/20/20
"and renters will end up eating the incremental cost&qu...
Drunken glittery alpha
  03/20/20
Yeah they can apparently pass on 100% of the cost increase t...
Passionate stage
  03/20/20
Who gives a shit about “feels”? the market clear...
amethyst new version
  03/20/20
landlords taking out debt on property they can't afford with...
flushed yapping rehab depressive
  03/20/20
landlords = groups of investors investing through funds, rei...
godawful underhanded lodge dog poop
  03/20/20
if no one can pay rent how do they expect to pay the mortgag...
flushed yapping rehab depressive
  03/20/20
Well in theory they did a credit check that assumed renters ...
amethyst new version
  03/20/20
hahahaha
flushed yapping rehab depressive
  03/20/20
landlord can not just waive the right to receive rental paym...
godawful underhanded lodge dog poop
  03/20/20
Guvment needs to step in and say "YOU SHALL NOT PASS!&q...
insane whorehouse
  03/20/20
Mike Bloomberg has a few million dollars max in a liquid ban...
amethyst new version
  03/20/20
You think so? I'd say Mike probably has like $200 million i...
insane whorehouse
  03/20/20
Actually prob right. Between pure checking and extra liquid ...
amethyst new version
  03/20/20
Are you suggesting that he paid for $900 million of campaign...
Passionate stage
  03/20/20
no one should rent over the age of 25. either buy or move ho...
aphrodisiac plum church building
  03/20/20
im gay
Lascivious Patrolman Internal Respiration
  03/20/20
oh ok. youre fine.
aphrodisiac plum church building
  03/20/20
same
smoky adventurous useless brakes
  03/20/20
everyone rents. you rent from the government, i rent from th...
Territorial Lay
  03/20/20
If you have to pay property tax, then it's a rental.
insane whorehouse
  03/20/20
is there more to this line of thinking? never heard it befor...
godawful underhanded lodge dog poop
  03/20/20
guess what happens when you don't pay your property tax
flushed yapping rehab depressive
  03/20/20
...
House-broken odious range
  03/20/20
Protip: just don't pay it. Courts are closed buddy.
big crusty organic girlfriend
  03/20/20


Poast new message in this thread



Reply Favorite

Date: March 20th, 2020 4:48 PM
Author: Soul-stirring flatulent meetinghouse

??? WTF? Is this just some jew thing?

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39818999)



Reply Favorite

Date: March 20th, 2020 4:49 PM
Author: House-broken odious range

But we have to contain the outbreak

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819006)



Reply Favorite

Date: March 20th, 2020 4:51 PM
Author: pink fortuitous meteor school

the jew must get paid.

thats an axiomatic statement. the rest just flows naturally from that, like an iron-clad math proof.



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819014)



Reply Favorite

Date: March 20th, 2020 7:25 PM
Author: Beady-eyed messiness legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820216)



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: domesticated mauve station codepig



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820554)



Reply Favorite

Date: March 21st, 2020 4:47 PM
Author: concupiscible toilet seat



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39827158)



Reply Favorite

Date: March 20th, 2020 4:51 PM
Author: Low-t diverse roast beef cuck



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819017)



Reply Favorite

Date: March 20th, 2020 4:52 PM
Author: Electric university

You're supposed to have a 50-month emergency fund since ITE. If you don't it means that you bombed OCI or society judged you to be a Loser and you have it coming.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819030)



Reply Favorite

Date: March 20th, 2020 4:54 PM
Author: cerebral flesh library wrinkle



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819059)



Reply Favorite

Date: March 20th, 2020 5:28 PM
Author: Swollen Ruddy Affirmative Action



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819338)



Reply Favorite

Date: March 20th, 2020 5:42 PM
Author: Henna startled volcanic crater



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819450)



Reply Favorite

Date: March 20th, 2020 5:43 PM
Author: light free-loading foreskin kitchen



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819462)



Reply Favorite

Date: March 20th, 2020 6:32 PM
Author: Puce dysfunction



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819854)



Reply Favorite

Date: March 20th, 2020 6:45 PM
Author: godawful underhanded lodge dog poop



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819948)



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: turquoise private investor police squad



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820116)



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: Territorial Lay



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820122)



Reply Favorite

Date: March 20th, 2020 7:31 PM
Author: Beady-eyed messiness legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820258)



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: Arousing psychic



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820336)



Reply Favorite

Date: March 20th, 2020 7:47 PM
Author: Drunken glittery alpha

I have more money than that, but I'd killself first.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820365)



Reply Favorite

Date: March 20th, 2020 4:52 PM
Author: cyan trailer park

There's no realistic way to suspend rent obligations. When mortgage payments are suspended, interest accrues and is added to the balance and the entire amount is paid off with somewhat larger payments over the original term once payments resume. The term of most residential leases is only a year, though, so deferring payments and then compressing them over the remaining term of the lease doesn't really help people.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819034)



Reply Favorite

Date: March 20th, 2020 4:53 PM
Author: pink fortuitous meteor school

this doesnt explain tho how ppl who arent getting paid are supposed to be paying rent to the (((property owners)))...

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819046)



Reply Favorite

Date: March 20th, 2020 4:54 PM
Author: cyan trailer park

That's the renter's problem.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819054)



Reply Favorite

Date: March 20th, 2020 5:10 PM
Author: Soul-stirring flatulent meetinghouse

why not just have the landlords not get their money? why should the renter be screwed instead of the landlords?

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819190)



Reply Favorite

Date: March 20th, 2020 5:26 PM
Author: big crusty organic girlfriend

Because Cohen Benefits

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819325)



Reply Favorite

Date: March 20th, 2020 5:28 PM
Author: cyan trailer park

Tenants promised to pay rent in exchange for occupancy rights. There's no reason to disrupt that agreement.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819339)



Reply Favorite

Date: March 20th, 2020 6:31 PM
Author: Soul-stirring flatulent meetinghouse

yes, there's an implied force majeure clause in the rental contract

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819853)



Reply Favorite

Date: March 20th, 2020 6:36 PM
Author: Heady unholy prole step-uncle's house

then there's one in the mortgage contract, too

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819887)



Reply Favorite

Date: March 20th, 2020 6:37 PM
Author: Soul-stirring flatulent meetinghouse

agreed, mortgage payments are already being freezed. but rents are not.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819894)



Reply Favorite

Date: March 20th, 2020 6:40 PM
Author: cyan trailer park

The borrower will still have to pay the full amount of the mortgage loan. Renters want free rent, which is ridiculous.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819907)



Reply Favorite

Date: March 20th, 2020 6:51 PM
Author: Soul-stirring flatulent meetinghouse

ok, why not defer rent payments then? simply spread out the 2 or 3 months rent during the shutdown over the remaining months. you seem to be opposed to that, too.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819995)



Reply Favorite

Date: March 20th, 2020 7:12 PM
Author: cyan trailer park

I don't object to it. Renters do, though, because they don't want to pay rent later. They want a free apartment.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820133)



Reply Favorite

Date: March 20th, 2020 6:47 PM
Author: godawful underhanded lodge dog poop

maybe on an asset by asset basis via a special workout, but no servicer/bank is just deferring interest payments as a matter of course

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819971)



Reply Favorite

Date: March 20th, 2020 6:46 PM
Author: godawful underhanded lodge dog poop

99% chance the property is being financed and landlord owes the (((bank))) monthly debt service payments

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819956)



Reply Favorite

Date: March 20th, 2020 5:30 PM
Author: magical excitant resort

Not when the government has shut down society. If one groups rights to work are infringed on so too should the other groups ability to profit from property ownership.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819356)



Reply Favorite

Date: March 20th, 2020 5:33 PM
Author: cyan trailer park

That makes no sense. The government is shutting down workplaces to control the spread of COVID-19. Paying rent when due does not spread COVID-19.

The government's job is to control the spread of the disease, not pick winners and losers in any ensuing turmoil.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819371)



Reply Favorite

Date: March 20th, 2020 5:34 PM
Author: Irate fanboi

GO BACK TO ISRAEL

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819382)



Reply Favorite

Date: March 20th, 2020 5:38 PM
Author: Tan den azn



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819412)



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: magical excitant resort



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819434)



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: Arousing psychic



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820345)



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: vivacious shrine wagecucks



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819443)



Reply Favorite

Date: March 20th, 2020 5:44 PM
Author: pink fortuitous meteor school

i say kill this kike right where it squawks.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819468)



Reply Favorite

Date: March 20th, 2020 6:54 PM
Author: Lascivious Patrolman Internal Respiration



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820012)



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: Arousing psychic



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820342)



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: domesticated mauve station codepig



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820558)



Reply Favorite

Date: March 20th, 2020 8:59 PM
Author: Territorial Lay



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820976)



Reply Favorite

Date: March 20th, 2020 6:46 PM
Author: insane whorehouse

Why does controlling the spread of COVID-19 take precedence over everything else? Has it proven deadly enough a pandemic? You have to factor that in, or you're just privileging the rich and old at the expense of the poor and young. That's actively picking winners and losers, and more arbitrarily than the disease does.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819963)



Reply Favorite

Date: March 20th, 2020 6:48 PM
Author: godawful underhanded lodge dog poop

(anti-semite)

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819977)



Reply Favorite

Date: March 20th, 2020 6:51 PM
Author: magical excitant resort



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819994)



Reply Favorite

Date: March 20th, 2020 8:58 PM
Author: Territorial Lay

?

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820973)



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: Arousing psychic



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820341)



Reply Favorite

Date: March 20th, 2020 5:29 PM
Author: chrome cruel-hearted sex offender circlehead

In a civilized world, force majeure would be read into every consumer rental contract

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819346)



Reply Favorite

Date: March 20th, 2020 5:31 PM
Author: cyan trailer park

That would, at best, allow tenants to vacate early and stop paying rent, but that isn't what they want. They want someone else to buy and maintain a building they can live in for free.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819358)



Reply Favorite

Date: March 20th, 2020 5:31 PM
Author: chrome cruel-hearted sex offender circlehead

Obviously it would be one-sided in favor of renters (until the event lapses).

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819360)



Reply Favorite

Date: March 20th, 2020 6:51 PM
Author: godawful underhanded lodge dog poop

only would work if mortgagee is also deprived of its right to scheduled interest payments, property taxes are deferred, maintenance/common element costs are defrayed by gov't subsidy, etc

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819992)



Reply Favorite

Date: March 21st, 2020 11:42 AM
Author: avocado infuriating location

Lol

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39824650)



Reply Favorite

Date: March 20th, 2020 5:32 PM
Author: Irate fanboi

just pass a law that no rent can be collected while a state of emergency is in effect. Landlords are in a better position to absorb this than renters.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819365)



Reply Favorite

Date: March 20th, 2020 5:34 PM
Author: cyan trailer park

Then everyone gets evicted when the emergency passes, because they don't have cash for three or four months back rent on hand?

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819383)



Reply Favorite

Date: March 20th, 2020 5:35 PM
Author: Irate fanboi

No back rent, we just hit the unpause button and every returns to normal.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819392)



Reply Favorite

Date: March 20th, 2020 5:38 PM
Author: Tan den azn



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819414)



Reply Favorite

Date: March 20th, 2020 5:39 PM
Author: cyan trailer park

That's absurd. If you want the government to give away people's property in an emergency, let's start with your bank account.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819423)



Reply Favorite

Date: March 20th, 2020 6:33 PM
Author: amethyst new version

Rent would skyrocket then.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819866)



Reply Favorite

Date: March 20th, 2020 6:35 PM
Author: House-broken odious range

Only if you're on a month to month lease

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819875)



Reply Favorite

Date: March 20th, 2020 6:37 PM
Author: amethyst new version

If landlords have to bear this new risk, I’m confident they’ll make renters pay for it in $$$. Especially in the New York market. I’m sure rent insurance would offer to cover it but still

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819891)



Reply Favorite

Date: March 20th, 2020 6:48 PM
Author: ungodly arrogant indian lodge factory reset button

State can suspend property tax too then

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819980)



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Date: March 20th, 2020 8:19 PM
Author: adulterous exhilarant corner

just have some other kike make an insurance product for it

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820633)



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Date: March 20th, 2020 5:37 PM
Author: Tan den azn

why would interest accrue when mortgage payments are suspended

why wouldn't the government just waive this by law during a time of crisis

why wouldn't the government just waive property taxes during this time of crisis

nobody is "losing" "money" in a time of crisis if we simply cancel all of these things by state edict. the real material assets are completely unaffected. the buildings remain exactly the same

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819410)



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Date: March 20th, 2020 5:38 PM
Author: House-broken odious range

Because who's gonna pay the administrators during this time of crisis

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819421)



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Date: March 20th, 2020 5:42 PM
Author: Tan den azn

what administrators? nobody is "administering" anything during this hypothetical scenario. that's the whole point

if you're referring to the state's lawmakers/administrators, the state can print money to pay them. that's what it already does in the first place. "taxes" are practically irrelevant to the modern state

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819452)



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Date: March 20th, 2020 7:45 PM
Author: Arousing psychic



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820350)



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Date: March 20th, 2020 5:40 PM
Author: Opaque Death Wish Preventive Strike

Because our economic system is designed to benefit the owners of capital.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819440)



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Date: March 20th, 2020 5:40 PM
Author: cyan trailer park

Pay your rent, deadbeat.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819445)



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Date: March 20th, 2020 5:38 PM
Author: Electric university

This is bullshit, you act like landlords have 0% liquid and every property is 100% occupied. Missed rental payment != missed mortgage payment. Not to mention that in most states it takes bloody forever to vacate squatter tenants.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819418)



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Date: March 20th, 2020 5:15 PM
Author: Soul-stirring flatulent meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819235)



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Date: March 20th, 2020 5:46 PM
Author: Talented hissy fit

You can give temporary hand-outs to renters, or allow renters ( and landlords) to go under. I think we will choose the former , in the form of some sort of rent subsidy UBI for 3-6 months

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819485)



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Date: March 20th, 2020 6:33 PM
Author: Soul-stirring flatulent meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819868)



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Date: March 20th, 2020 6:35 PM
Author: disrespectful yellow spot

Landlord kikes are going to be very surprised when evicting 1/3 o f their tenants hurts profits

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819879)



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Date: March 20th, 2020 6:39 PM
Author: Heady unholy prole step-uncle's house

yes, i'm sure a government run with a LANDLORD as POTUS is going to side against LANDLORDS

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819905)



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Date: March 20th, 2020 6:40 PM
Author: disrespectful yellow spot

Twist: knowing the Jew allows one to name it

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819913)



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Date: March 20th, 2020 6:43 PM
Author: amethyst new version

Landlords typically service secured debt every month

The debt is typically syndicated to numerous investors. If these investors are forced to miss payments because of some new risk neither side allocated, the price of credit will go up and renters will end up eating the incremental cost

At the margins, we probably get less new housing construction too as banks/property owners overreact to the risk of future pandemics

I rent so it’d be great to not pay rent. But I’m 100% sure I’ll pay one way or another. This is like trying to carry water by gripping it with both fists

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819939)



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Date: March 20th, 2020 6:52 PM
Author: amethyst new version

Respond to this if you think an unexpected emergency price ceiling at $0 for all rent will have no unintended consequences pls (including way more upfront discrimination by landlords and lower housing stock)

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819997)



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Date: March 20th, 2020 7:01 PM
Author: Passionate stage

nobody who took econ 101 would say there's literally no impact at the margins, but the govt shifts all kinds of risks that cost money from tenants to landlords, homeowners to mortgage banks, employees to employers, etc. For the most part nearly everyone still manages to get an apartment, house, or job at a price that both sides are OK with, and the regulated party prices in enough to buy insurance for it.

there's a common reactionary attitude that the system is bearable now but adding 1 more protection will collapse it (see: reptile predictions about every minimum wage increase in history not coming true).

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820074)



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Date: March 20th, 2020 7:08 PM
Author: amethyst new version

Who said anything about collapse? It will backfire in lots of ways both of us can predict now and a few we can’t. That’s all

Rent control as it stands is a singularly retarded policy that forces luxury buildings to house the desperately poor (that can’t afford anything in the neighborhood or utilities). We get by ok but it’s still dumb

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820102)



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Date: March 20th, 2020 7:51 PM
Author: Passionate stage

I'm saying that next time around landlords can buy insurance for this and raise everyone's rent by like 8 cents a month. There will be no mass shut-down of rental properties and halt of GC hellscape construction, just like nothing happened the last 5,000 times the rent seeking class warned that some minor consumer protection that 100 other countries have would destroy the market.

There are like 2 cities in the country that have serious rent control measures and I agree its dumb.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820398)



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Date: March 20th, 2020 6:54 PM
Author: godawful underhanded lodge dog poop

tcr, pls go ahead and close thread mods

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820011)



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Date: March 20th, 2020 7:00 PM
Author: godawful underhanded lodge dog poop

this is even more complicated if the originated debt is securitized and there are master/special servicers involved

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820058)



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Date: March 20th, 2020 7:51 PM
Author: Drunken glittery alpha

"and renters will end up eating the incremental cost"

Perfectly inelastic demand? Not likely.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820388)



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Date: March 20th, 2020 7:53 PM
Author: Passionate stage

Yeah they can apparently pass on 100% of the cost increase to consumers, yet the investors still somehow feel squeezed and disincenticized from supplying. Typical capitalist propaganda.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820412)



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Date: March 20th, 2020 9:35 PM
Author: amethyst new version

Who gives a shit about “feels”? the market clears where it clears.

and in a universe where one bedrooms go for like 4k in most places...i’m guessing renters’ demand is pretty insensitive to price

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39821303)



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Date: March 20th, 2020 6:52 PM
Author: flushed yapping rehab depressive

landlords taking out debt on property they can't afford without renters? Sounds like they're living beyond their means.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820000)



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Date: March 20th, 2020 6:58 PM
Author: godawful underhanded lodge dog poop

landlords = groups of investors investing through funds, reits, bdcs, etc. and holding the property through a special purpose vehicle solely created (and funded) for the purpose of acquiring the property.



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820046)



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Date: March 20th, 2020 7:01 PM
Author: flushed yapping rehab depressive

if no one can pay rent how do they expect to pay the mortgage?

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820066)



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Date: March 20th, 2020 7:02 PM
Author: amethyst new version

Well in theory they did a credit check that assumed renters could still pay in a stress situation

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820076)



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Date: March 20th, 2020 7:05 PM
Author: flushed yapping rehab depressive

hahahaha

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820089)



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Date: March 20th, 2020 7:10 PM
Author: godawful underhanded lodge dog poop

landlord can not just waive the right to receive rental payments from tenant without mortgagee approval, this is likely a covenant in every single real estate loan agreement, and failure to get mortgage approval would result in an Event of Default under the loan. one way or another, lender would have to approve and they may or they won't, landlord doesn't really get to unilaterally decide here regardless of their creed or tribal affiliation. in a sitution like this, lenders will ahve to assess each asset separately and determine LTV, DSCR, etc to determine whether allowing limited forbearance on rental payments verse foreclosing on the multifamily is a good value proposition. in the cmbs context, it's probably not as straightforward but i don't really know much more than this

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820117)



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Date: March 20th, 2020 7:13 PM
Author: insane whorehouse

Guvment needs to step in and say "YOU SHALL NOT PASS!" Seize Mike Bloomberg's bank accounts and send $10K checks to every man, woman, and child breathing air in the United States.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820135)



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Date: March 20th, 2020 7:13 PM
Author: amethyst new version

Mike Bloomberg has a few million dollars max in a liquid bank account

Socialists are so so bad at thinking things through. They must think game theory is an evil invention of the white patriarchy

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820142)



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Date: March 20th, 2020 7:16 PM
Author: insane whorehouse

You think so? I'd say Mike probably has like $200 million in cash.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820154)



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Date: March 20th, 2020 7:18 PM
Author: amethyst new version

Actually prob right. Between pure checking and extra liquid cash equivalents

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820164)



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Date: March 20th, 2020 8:07 PM
Author: Passionate stage

Are you suggesting that he paid for $900 million of campaign ads in stock?

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820538)



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Date: March 20th, 2020 7:01 PM
Author: aphrodisiac plum church building

no one should rent over the age of 25. either buy or move home or...or...

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820075)



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Date: March 20th, 2020 7:06 PM
Author: Lascivious Patrolman Internal Respiration

im gay

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820093)



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Date: March 20th, 2020 7:06 PM
Author: aphrodisiac plum church building

oh ok. youre fine.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820095)



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Date: March 20th, 2020 7:19 PM
Author: smoky adventurous useless brakes

same

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820172)



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Date: March 20th, 2020 7:11 PM
Author: Territorial Lay

everyone rents. you rent from the government, i rent from the guy who rents from the government.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820126)



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Date: March 20th, 2020 7:15 PM
Author: insane whorehouse

If you have to pay property tax, then it's a rental.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820148)



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Date: March 20th, 2020 7:16 PM
Author: godawful underhanded lodge dog poop

is there more to this line of thinking? never heard it before, and gut says it doesn't check out but maybe there's an economist that can provide sound reasoning for this claim

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820159)



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Date: March 20th, 2020 7:22 PM
Author: flushed yapping rehab depressive

guess what happens when you don't pay your property tax

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820195)



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Date: March 20th, 2020 8:07 PM
Author: House-broken odious range



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820531)



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Date: March 20th, 2020 8:10 PM
Author: big crusty organic girlfriend

Protip: just don't pay it. Courts are closed buddy.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820567)