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US states brace for ‘avalanche’ of evictions as federal moratorium ends

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Longhorn_Fan68

Longhorn_Fan68 33900

Posted
Posted
15 hours ago, Incredulity said:

I am very surprised there wasn’t another extension.  The reality is anyone more than a couple months behind on rent never catches up.  
 

We are not even close to done with economic fallout from the last 18 months.

who logged into Incredulity's account and where are they hiding him? On second thought, I don't care.

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Incredulity

Incredulity 11683

Posted
Posted
Just now, Longhorn_Fan68 said:

who logged into Incredulity's account and where are they hiding him? On second thought, I don't care.

Well, if you read my posts instead of assigning them positions that don’t exist you probably wouldn’t be surprised. Wishcasting by leftists is CR de rigueur.

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hayden_horn

hayden_horn 11365

Posted
Posted
Just now, Incredulity said:

Political expediency.

laziness, imo. ppp was great in concept, poor in execution. but the idea was good. should've coupled the moratorium on evictions with an "we'll pay 70-80% of rent owed on the lease" policy for landlords. the moratorium is only good if you also answer the landlord part of the question.

i'm actually surprised that our landlord president didn't think of it. wait, no i'm not. he's a moron.

before anyone gets upset, biden bears responsibility here as well. not moreso than congress, but he does bear some responsibility in not calling for that. landlords made whole would, in theory, be less likely to toss people out on the streets.

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Incredulity

Incredulity 11683

Posted
Posted (edited)

commercial rent csb
 

I have a friend who owns a gym.  He made his rent payments throughout the lockdown by diminishing his personal savings.  When he applied for a local rent relief program he was denied because he was “current” on rent.  If he had stopped making rent payments he would have qualified.


 So basically he was punished for doing the right thing.

Edited by Incredulity
No spell good
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washparkhorn

washparkhorn 9939

Posted
Posted
8 minutes ago, hayden_horn said:

i never understood why we did ppp and stimulus shit, but never did focus on "oh, make landlords whole to protect them and their renters"

PPP was simple to obtain and the loans were essentially risk free and did not have to be repaid. Stimulus from the Fed and the Treasury targeted certain sectors of the economy  

Tenant and landlord relief, was a bureaucratic nightmare once the money hit the states. The money was sent to the states by the Treasury, but many states bungled it (or thought it was communism) - and much of the money sits undistributed - and not flowing to tenants and landlords.

Politics and bureaucracy over renters and landlords. Those states should be ashamed. Congress waited too long to fix and on Friday Congress Critters went on vacation again - leaving millions of tenants and landlords at the edge a deep cliff. 

Spoiler

Who benefits? Firms like Blackrock who want to be the nation's landlord. 

 

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lmao

lmao 178

Posted
  • Author
Posted
14 minutes ago, washparkhorn said:

PPP was simple to obtain and the loans were essentially risk free and did not have to be repaid. Stimulus from the Fed and the Treasury targeted certain sectors of the economy  

Tenant and landlord relief, was a bureaucratic nightmare once the money hit the states. The money was sent to the states by the Treasury, but many states bungled it (or thought it was communism) - and much of the money sits undistributed - and not flowing to tenants and landlords.

Politics and bureaucracy over renters and landlords. Those states should be ashamed. Congress waited too long to fix and on Friday Congress Critters went on vacation again - leaving millions of tenants and landlords at the edge a deep cliff. 

  Reveal hidden contents

Who benefits? Firms like Blackrock who want to be the nation's landlord. 

 

I love how the trillions of wealth transfer & corporate welfare to the people at the top wasn't considered socialism/communism. 

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UTDD

UTDD 362

Posted
Posted

The National Low Income Housing Coalition published a report this month that showed a full-time minimum-wage worker can’t afford a modest two bedroom rental home anywhere in the US. These workers also can’t afford a one bedroom apartment in 93% of US counties, the report said.

 

This statement kind of got my attention enough to read up a little.

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Smax

Smax 3800

Posted
Posted

This has been going on long enough that a landlord could get around the moratorium by not renewing the lease. People that haven't paid by now aren't ever going to catch up, terrible situation but mortgages, loans, insurance and upkeep need to be paid

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gmr548

gmr548 16617

Posted
Posted
2 hours ago, UTDD said:

The National Low Income Housing Coalition published a report this month that showed a full-time minimum-wage worker can’t afford a modest two bedroom rental home anywhere in the US. These workers also can’t afford a one bedroom apartment in 93% of US counties, the report said.

 

This statement kind of got my attention enough to read up a little.

I am usually not one to pile on but how could you possibly be ignorant to the state of housing in this country post-recession?

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UTDD

UTDD 362

Posted
Posted
15 minutes ago, gmr548 said:

I am usually not one to pile on but how could you possibly be ignorant to the state of housing in this country post-recession?

This kind of response is usually why I mostly lurk in this specific forum -- nothing negative mind you and even an understandable response, but it doesn't really make me want to engage very often in meaningful discussion if it turns into the poster versus the content/issue.  I was legitimately surprised about the one bedroom stat, not so much the two bedroom home.  I'll quietly see my way out.

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washparkhorn

washparkhorn 9939

Posted
Posted
4 hours ago, Smax said:

This has been going on long enough that a landlord could get around the moratorium by not renewing the lease. People that haven't paid by now aren't ever going to catch up, terrible situation but mortgages, loans, insurance and upkeep need to be paid

There were billions allocated for landlords to tap and get their money. That program expired yesterday.

96% of the funds allocated for payment of back rent went unused.

Can't lead a horse to water, I suppose. 

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washparkhorn

washparkhorn 9939

Posted
Posted
3 hours ago, UTDD said:

I was legitimately surprised about the one bedroom stat, not so much the two bedroom home. 

I suspect most on this board hasn't been following the state of housing - other than looking at Zillow to see the Zillow price going up. (Chicago's prices have been going down - a rarity in the land of inflated assets).

It is an amazing stat. It should be repeated often. Thank you for the post. 

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Bevo

Bevo 13602

Posted
Posted
22 minutes ago, washparkhorn said:

There were billions allocated for landlords to tap and get their money. That program expired yesterday.

96% of the funds allocated for payment of back rent went unused.

 

Grants or loans?

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washparkhorn

washparkhorn 9939

Posted
Posted
1 minute ago, Bevo said:

Grants or loans?

Federal program run through the Treasury using funds appropriated under Trump and Biden. It's to cover Covid losses to tenants and landlords.

Think PPP, but going through state and local governments - who do not have their shit together. 

Too late now for tenants and landlords. Republicans blocked. 

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Al Bundy's Napoleon Hand

Al Bundy's Napoleon Hand 13588

Posted
Posted (edited)
11 hours ago, lmao said:

I love how the trillions of wealth transfer & corporate welfare to the people at the top wasn't considered socialism/communism. 

...by those who vote for or fail to voice their opposition to tax cuts for wealthy under the new guise of "tax reform", oppose increasing funding for IRS enforcement, and were quiet as church mouse when some of us at the dawn of the pandemic were accurately pointing out that the capitalists were going to shove their way to the front of the socialism buffet line, then once they can't eat another bite of their dessert, will re-discover their principled opposition to socialism. 

Fuck you. 

Edited by Al Bundy's Napoleon Hand
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washparkhorn

washparkhorn 9939

Posted
Posted

It's sheer fuckery to a lot of tenants and landlords. Other than the big boys invading the rental markets, this is not good for any landlord or tenant hit hard by Covid losses. 

I agree with Al. We talked about this inevitability. The market gets propped up, as the foundation crumbles. Dumb. 

=================

Landlords - think with your head; you need the tenant to make a claim for the funds, if the funds are reinstated. And talk to your congress critter and ask them to fix this mess-now. They are on vacation, but they are under a 24 hour pledge to return, if needed.

Other capitalists got paid for their losses due to Covid under PPP. We inflated the hell out of asset markets thanks to the Fed. You were supposed to get yours.

Republicans blocked a moratorium, so lean heavy on them. They pulled up the gangplank to the Mayflower just when you needed it most. That's not cool when conducting business. Get in their ear. 

Smart business is good business

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pyrohornIII

pyrohornIII 4823

Posted
Posted

Shit's been bad in GA for some time now.  Instead of flipping homes, the money ppl are buying up rental property, colluding on exorbitant rent for an area.  Then they collect a healthy deposit, first and last and perform not maintenance.  Once the tenant missed one month's rent GA law allows for immediate eviction.  In many cases the tenants are leasing units with substandard living conditions, like bad plumbing, rats, mold, etc.   The tenants don't have much recourse in the courts and so they stop paying rent.   

Landlords then would evict and keep the deposits.  The evictee would be put on a black list of renters and they would often be discriminated against and charged higher deposits and rates due to "bad credit."  

It wasn't just in GA, there's a whole lot of this going on.  Kushner is one of the worst.  But the laws are very landlord friendly in GA.

https://www.aecf.org/blog/examining-atlantas-affordable-housing-shortage

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lmao

lmao 178

Posted
  • Author
Posted (edited)
3 hours ago, Al Bundy's Napoleon Hand said:

...by those who vote for or fail to voice their opposition to tax cuts for wealthy under the new guise of "tax reform", oppose increasing funding for IRS enforcement, and were quiet as church mouse when some of us at the dawn of the pandemic were accurately pointing out that the capitalists were going to shove their way to the front of the socialism buffet line, then once they can't eat another bite of their dessert, will re-discover their principled opposition to socialism. 

Fuck you. 

Um, no shit?

Pretty sure you misunderstood my post or have me confused with a different poster.

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TwiceHorn

TwiceHorn 31584

Posted
Posted
On 8/1/2021 at 9:42 PM, washparkhorn said:

I suspect most on this board hasn't been following the state of housing - other than looking at Zillow to see the Zillow price going up. (Chicago's prices have been going down - a rarity in the land of inflated assets).

It is an amazing stat. It should be repeated often. Thank you for the post. 

Yeah, I've been out of the rental market for 20-plus years.  The rents on upscale apartments that would interest me today as a 20-something are pretty shocking.  I have little clue what a 2BR in Garland or Mesquite or some other working-class burb costs.  And I'm not even sure those were the apartments under consideration.

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pyrohornIII

pyrohornIII 4823

Posted
Posted (edited)
53 minutes ago, slorch said:

Elephant in the room:  why has the relief money set aside for renters and property owners so freaking difficult to access.  $1.5B out of $46B?

https://www.washingtonpost.com/business/2021/07/21/rental-relief-cdc-eviction-moratorium/

 

The whole blame doesn't lay at the feet of the previous administration, but there are numerous articles written on how CARES and its funding was intentionally made more difficult to deal with by them, for whatever reason: 

"For example, on the final day of the Trump administration, the Treasury Department sent out guidance for how state and cities could use rental relief funds. But many housing agencies found those rules confusing, and they were not sure if they should use the instructions as a road map because Biden was about to take office."

I'd bet it was a lot easier for those grifters to access PPP to buy Lambos and stuff than it was for the normal low income person.

 

Edited by pyrohornIII
added grifter line
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TwiceHorn

TwiceHorn 31584

Posted
Posted
1 hour ago, slorch said:

Elephant in the room:  why has the relief money set aside for renters and property owners so freaking difficult to access.  $1.5B out of $46B?

https://www.washingtonpost.com/business/2021/07/21/rental-relief-cdc-eviction-moratorium/

It is, but it isn't.  https://texasrentrelief.com/

Apparently, it is easy enough to initially access, but quite difficult to actually get.

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TXSooner518

TXSooner518 2438

Posted
Posted

Incredibly ignorant move, especially when the U.S. Supremes have explicitly said this is not legal. Get fucking money to tenants and landlords you motherfucking dullards. Also, JFC the morons on Twitter and the like who are like "oh well landlord shouldn't buy houses if you can't afford the mortgage", sure you dipshit, I'm taking your car and using it, be sure to keep paying the car note. No, I'm not giving you a penny, shouldn't buy a car if you can't afford it. As if no available rental housing is actually a favorable outcome for the working class and the poors. 

Fucking hate everyone.

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wildcat09

wildcat09 29431

Posted
Posted

Kavanaugh’s commentary that another extension wouldn’t be legal was merely dicta and has no effect at the moment. It’s smart politics to make Republicans SCOTUS kick people out into the streets. But they fucked it up royally so much before making the smart decision that it’s all probably a wash in terms of political impact.

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TwiceHorn

TwiceHorn 31584

Posted
Posted

We need to get kind of precise here.

This wasn't a full-blown ruling of the Supreme Court.  It has limited or no precedential value.

A district judge in DC found that the CDC exceeded its authority in issuing an eviction ban, and it was therefore invalid, but she stayed the effect of her order, meaning the ban stayed in place pending appeal.  The DC Circuit refused to vacate the stay, as did the Supreme Court.  The order is a one-pager https://www.supremecourt.gov/opinions/20pdf/20a169_4f15.pdf

So, it's in no way clear that the extension is unlawful because the only opinion on it is that of the D. D.C., which is not binding anywhere else and is also stayed, indicating that the judge may not be sure.

I have to say, from jump. I was like the CDC banned evictions under state law?  What the fuck?  I haven't analyzed it, or read an analysis, but it seems facially implausible.

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TXSooner518

TXSooner518 2438

Posted
Posted

Multiple federal district courts have ruled that way, and the Supremes only declined to vacate the stay based on the CDC's express promise that it wouldn't be extended beyond July 31.

Also, the order itself doesn't actually address any court action, it simply says "a landlord may not...", so in Texas, since the Texas Supreme Court's 34th Order expired, there hasn't been a way to legally apply it to evictions courts in Texas. The current situation is the court asks the landlord if they are aware of the moratorium and still wish to proceed. If the landlord says yes, the case moves forward, and if the landlord is in violation, they can be sued/prosecuted under the order, which isn't going to happen.

It's much more theater as opposed to the REAL, ACTUAL solution which is getting money in the hands of landlords and tenants and forgiving the mountain of rent debt for tenants. When the moratorium ends, many people are going to be 18 months in debt. People have been forced to allow another person to use their property for free for a year and a half. I don't understand how people call masks tyranny when that is happening. 

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Captainant

Captainant 27851

Posted
Posted
6 minutes ago, TXSooner518 said:

It's much more theater as opposed to the REAL, ACTUAL solution which is getting money in the hands of landlords and tenants and forgiving the mountain of rent debt for tenants. When the moratorium ends, many people are going to be 18 months in debt. People have been forced to allow another person to use their property for free for a year and a half. I don't understand how people call masks tyranny when that is happening. 

corporate overlords want to buy up all the debt-ladened property that landlords currently hold but won't be able to long-term. Therefore, fox and OANN and the rest of the rightwing propoganda ministries aren't getting people upset about it. 

For fucks sake, they got them on a month-long crusade against Dr. fucking Seuss. The people who live in that media bubble don't think for themselves anymore.

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Celery Man

Celery Man 21004

Posted
Posted
10 hours ago, TXSooner518 said:

Incredibly ignorant move, especially when the U.S. Supremes have explicitly said this is not legal. Get fucking money to tenants and landlords you motherfucking dullards. Also, JFC the morons on Twitter and the like who are like "oh well landlord shouldn't buy houses if you can't afford the mortgage", sure you dipshit, I'm taking your car and using it, be sure to keep paying the car note. No, I'm not giving you a penny, shouldn't buy a car if you can't afford it. As if no available rental housing is actually a favorable outcome for the working class and the poors. 

Fucking hate everyone.

I’m sure there are plenty of people who actually hold that dumb opinion, but I typically read those in the same spirit as “maybe if conglomocorp didn’t spend so much money on lattes and avocado toast they wouldn’t need a government bailout “ comments.

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The Ace of Aces

The Ace of Aces 5194

Posted
Posted
15 hours ago, slorch said:

Elephant in the room:  why has the relief money set aside for renters and property owners so freaking difficult to access.  $1.5B out of $46B?

https://www.washingtonpost.com/business/2021/07/21/rental-relief-cdc-eviction-moratorium/

GOP-controlled legislatures made it incredibly tough to apply and be qualified for, on purpose. Incredible long paper trails, forms from your employer (who probably doesn't exist anymore), landlord agreements to low rents, etc. Most of these were designed to fail and then turn the money back into the state coffers for special projects. It's what happend here. 

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Incredulity

Incredulity 11683

Posted
Posted
28 minutes ago, The Ace of Aces said:

GOP-controlled legislatures made it incredibly tough to apply and be qualified for, on purpose. Incredible long paper trails, forms from your employer (who probably doesn't exist anymore), landlord agreements to low rents, etc. Most of these were designed to fail and then turn the money back into the state coffers for special projects. It's what happend here. 

Ok, great.  What about the other half of the 44.5Billion?

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The Ace of Aces

The Ace of Aces 5194

Posted
Posted
13 minutes ago, Incredulity said:

Ok, great.  What about the other half of the 44.5Billion?

Same issue, combined with lack of employees to process apps, incomplete apps (this is a MAJOR issue .. the people needing help aren't really the brightest so it's pulling teeth). The should have paid off landlords directly imo. 

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washparkhorn

washparkhorn 9939

Posted
Posted
10 minutes ago, The Ace of Aces said:

They should have paid off landlords directly imo. 

Landlords could apply to paid - directly - under the program.

If you’re a landlord, you may think of rental assistance as help for renters. 

But right now, most federal emergency rental assistance programs accept applications from landlords. Where renters can apply, they often need your help to complete the process and make payments to you.

https://www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance/renter-protections/emergency-rental-assistance-for-renters/?utm_source=outreach&utm_medium=banner&utm_campaign=treasury_banner/#5

Small landlords need an association to keep them apprised of programs in the interest of small landlords. The investor class wants to dominate the rental market and small landlords are at a large disadvantage, in my opinion.  

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