The courts have finally put a stop to the government forcing landlords to absorb the cost of their unconstitutional lockdowns.
That is good, because the Consumer Financial Protection Bureau was also getting involved, claiming that collecting the debt from tenants who shafted their landlord was also illegal.
According to the CFPB’s analysis and other data:
Millions of families are at risk of being evicted: In December 2020 about 18 percent of renter households were behind on their rent, which means nearly 9 million households at risk of eviction. In a typical year, there are about 900,000 evictions nationwide. Over 27 percent of households with annual income under $25,000 were behind on their rent.
Stopping evictions saves lives: Research shows that COVID-19 infection rates and mortality rates were higher when eviction moratoria were removed. The CFPB’s rule will help ensure that more renters are able to take advantage of their protections and avoid eviction.
Evictions increase racial inequality: Black and Hispanic households are more than twice as likely to be tenants than white households, and they are also twice as likely to be behind on rental payments as of December 2020, according to a March CFPB report . Evictions impose substantial costs on individuals, families, and children, and having an eviction on your record can make it much harder to find a new rental property. Even an eviction filing can make it impossible for a family to locate new housing.
You see what the real reason is? Blacks are refusing to pay rent at a higher rate than whites, so evictions are racist.
The appeal will come in 3…2…1…
6 Comments
Anonymous · May 5, 2021 at 3:32 pm
The real problem is, once you get even one payment behind, it’s a pain to get caught up.
Divemedic · May 5, 2021 at 4:04 pm
My experience is that tenants who are behind never get caught up. It is cheaper and easier for them to stop paying, wait for the eviction, and move on. That is exactly what they do.
Try to work with a tenant who is behind, and they will stretch it out for months before finally stiffing you.
As a landlord, you do your best to screen out people likely to fall behind and/or trash your place. Remember that when you rent a house to someone, what you are really doing is loaning them a quarter of a million dollars. Be strict.
If one of them DOES manage to fool you and misses rent, the best thing to do is take a hard line and evict them right away. It isn’t personal, it’s business. You cut your losses, get them out as soon as possible, then collect as much of your damages as you legally can. Collections, lawsuit, whatever.
Again, it’s business. Every dollar that I lose is money right out of my family’s pocket. It’s a dollar I could have spent on my grandkids.
Therefore · May 5, 2021 at 4:29 pm
There were times when I was running on a very very tight budget, being a business owner all of the income went to paying bills and employees first. If there was left over, I might be able to take a little out for myself, seldom.
My wife was an employee and her salary was what was used to pay household bills.
During this time I was a renter. I had a very good relationship with my landlord, paid in person. Never caused any trouble. Was the only non poc in that set of rentals.
On those occasions when there want enough income to pay all the bills, and it was a choice between paying the rent and feeding the children, I let him know as soon as I could and always had rent to him within a week.
I thanked him for his understanding every time.
Most of his tenants were section 8 government assistance renters. And to many of his renters left the apartments in handcuffs with the apartment trashed.
Therefore · May 5, 2021 at 4:31 pm
Oh, I agree with Divemedic, of you are the landlord, take a hard line. It is the only way to protect your investment and your income.
joe · May 5, 2021 at 8:15 pm
it was a orange man bad judge…pretty sure some judge in a blue demtard state will rule against him…
TechieDude · May 6, 2021 at 8:00 am
So what absolves Blacks and Hispanics from paying their debts?
Works the same with a car payment. You owe the money, no ifs, ands or buts.
When money was tight, I’d pay rent first then budget between the food and the car. Then again, I’m a honkie. We think of such things.
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