"There's a lot of people that don't have the money to pay rent, and it's hard for us, especially when we have a family," said a Stockton resident who didn’t want KCRA 3 using her name.
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What it means is there's a bunch of people that are about to lose their homes.
While I understand a lot of people lost jobs and couldn't pay their rent or mortgage due to Newsom's shutting down the State, you just know there's a bunch of people that just took advantage of it and didn't pay their rent and/or utilities thinking they were getting a free ride, either not realizing or not caring that it was all going to come due all at once when this expired.
The first group of people I feel for, I really do. The second group..... not so much.
Everybody’s credit went to shit too. Hard to rent again or buy. Plus courts are gonna be backed up like rosie odonells toilet so people will prolly get a few more months of squatting.
ReplyDeleteJust like postponing the filing date for income taxes. You still owe the same amount.
ReplyDeleteAnd mortgages on rental properties are still due. Those never got postponed, did they? And property taxes never got postponed, either, did they?
Our county fiscal court used the chinaflu to not only raise property tax rates but also to add a tax on all insurance policies. Protect your house from a tornado or fire, pay a tax. Buy state required car insurance, pay a tax.
DeleteThis isn't just Califrutitopia, it is everywhere. Don't forget about landlords that can't pay their mortgages and the lenders. I hold a couple of small mortgages and fortunatelyi am being paid or it would be affecting me too
ReplyDeleteNothing will change. The wealthy will buy the properties that are in foreclosure in a sweetheart deal arranged by their buddies at the bank. Similar deals will be made for properties that have overdue taxes. U-Haul will make money on people that have to move from one rent house to another, some of the old landlords will become new renters, people with money will make more, and the poor will get shafted as always. In the end it's still SSDD, "Same Shit, Different Day".
ReplyDeleteNailed it.
DeleteGovernments, at various levels, set aside all the rental contracts and ordered the eviction moratorium. So in the end, it will be the government that has to make good all the unpaid rent, which will come out of everyone's taxes.
ReplyDeleteIt will be difficult to judge fairly who are the unfortunate and who are the freeloaders. The result is that the freeloaders will win. The freeloaders have an advantage because they will be better liars.
The only way the freeloaders don't win is to get some goombas to enforce the rental contracts, which is doubly unfortunate for the unfortunate.
Geek
Government has to make good, what alien universe are you living in
DeleteI don't know, folks. Fortunately, I don't know anyone who has lost a job or been affected by this BS. I actually took a job in South FL and have been working remotely for the past 6 months. Now they want me to move there and be on site. OK, that was coming and we were looking forward to that.
ReplyDeleteFast forward to now. We've been house hunting for a few months. Every home we like has had multiple, above asking price offers. The average has been about 25 of those offers. We literally can't find a house. In case you're wondering, these are half a million dollar homes and higher. We are also hearing similar stories around the country. Houses are selling for far above asking, and above appraisal prices.
So if the whole economy has gone sideways according to the MSM, it's not being fleshed out in the real world.
Housing has crashed in select areas like Mogadishu on the Mississippi. It's all about location.
DeleteIt's things like this that make me glad I paid my shit off.
ReplyDeleteWe worked hard and paid everything off too. Whoever did not see the bubble getting burst was a pure idiot. Like WC I feel for the legit ones but the freeloaders get what's coming to them.
DeleteMy ex must be so happy I paid off the house before she took it.
ReplyDelete