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

??? WTF? Is this just some jew thing?
Galvanic juggernaut
  03/20/20
But we have to contain the outbreak
sooty submissive sound barrier home
  03/20/20
the jew must get paid. thats an axiomatic statement. the...
contagious azure bawdyhouse feces
  03/20/20
...
lilac multi-billionaire
  03/20/20
...
Dead mint piazza personal credit line
  03/20/20
...
Seedy Effete Forum
  03/21/20
...
copper double fault hospital
  03/20/20
You're supposed to have a 50-month emergency fund since ITE....
Cobalt greedy garrison internal respiration
  03/20/20
...
cordovan nubile church building
  03/20/20
...
Excitant Theater Community Account
  03/20/20
...
smoky provocative pozpig deer antler
  03/20/20
...
fishy soul-stirring weed whacker
  03/20/20
...
supple godawful locus ape
  03/20/20
...
disrespectful school cafeteria
  03/20/20
...
vermilion vivacious trailer park
  03/20/20
...
Chartreuse Hairraiser Depressive
  03/20/20
...
lilac multi-billionaire
  03/20/20
...
slimy hyperventilating messiness ratface
  03/20/20
I have more money than that, but I'd killself first.
thriller whorehouse associate
  03/20/20
There's no realistic way to suspend rent obligations. When ...
know-it-all turquoise hominid
  03/20/20
this doesnt explain tho how ppl who arent getting paid are s...
contagious azure bawdyhouse feces
  03/20/20
That's the renter's problem.
know-it-all turquoise hominid
  03/20/20
why not just have the landlords not get their money? why sho...
Galvanic juggernaut
  03/20/20
Because Cohen Benefits
stimulating pistol hunting ground
  03/20/20
Tenants promised to pay rent in exchange for occupancy right...
know-it-all turquoise hominid
  03/20/20
yes, there's an implied force majeure clause in the rental c...
Galvanic juggernaut
  03/20/20
then there's one in the mortgage contract, too
Magical Violent Gunner Mad-dog Skullcap
  03/20/20
agreed, mortgage payments are already being freezed. but ren...
Galvanic juggernaut
  03/20/20
The borrower will still have to pay the full amount of the m...
know-it-all turquoise hominid
  03/20/20
ok, why not defer rent payments then? simply spread out the ...
Galvanic juggernaut
  03/20/20
I don't object to it. Renters do, though, because they don'...
know-it-all turquoise hominid
  03/20/20
maybe on an asset by asset basis via a special workout, but ...
disrespectful school cafeteria
  03/20/20
99% chance the property is being financed and landlord owes ...
disrespectful school cafeteria
  03/20/20
Not when the government has shut down society. If one groups...
passionate church kitty cat
  03/20/20
That makes no sense. The government is shutting down workpl...
know-it-all turquoise hominid
  03/20/20
GO BACK TO ISRAEL
Duck-like Ceo
  03/20/20
...
aromatic striped hyena theatre
  03/20/20
...
passionate church kitty cat
  03/20/20
...
slimy hyperventilating messiness ratface
  03/20/20
...
filthy lime son of senegal
  03/20/20
i say kill this kike right where it squawks.
contagious azure bawdyhouse feces
  03/20/20
...
Charismatic pontificating people who are hurt
  03/20/20
...
slimy hyperventilating messiness ratface
  03/20/20
...
Dead mint piazza personal credit line
  03/20/20
...
Chartreuse Hairraiser Depressive
  03/20/20
Why does controlling the spread of COVID-19 take precedence ...
ruddy clown
  03/20/20
(anti-semite)
disrespectful school cafeteria
  03/20/20
...
passionate church kitty cat
  03/20/20
?
Chartreuse Hairraiser Depressive
  03/20/20
...
slimy hyperventilating messiness ratface
  03/20/20
In a civilized world, force majeure would be read into every...
exciting legal warrant public bath
  03/20/20
That would, at best, allow tenants to vacate early and stop ...
know-it-all turquoise hominid
  03/20/20
Obviously it would be one-sided in favor of renters (until t...
exciting legal warrant public bath
  03/20/20
only would work if mortgagee is also deprived of its right t...
disrespectful school cafeteria
  03/20/20
Lol
Diverse cruel-hearted ticket booth
  03/21/20
just pass a law that no rent can be collected while a state ...
Duck-like Ceo
  03/20/20
Then everyone gets evicted when the emergency passes, becaus...
know-it-all turquoise hominid
  03/20/20
No back rent, we just hit the unpause button and every retur...
Duck-like Ceo
  03/20/20
...
aromatic striped hyena theatre
  03/20/20
That's absurd. If you want the government to give away peop...
know-it-all turquoise hominid
  03/20/20
Rent would skyrocket then.
kink-friendly kitchen
  03/20/20
Only if you're on a month to month lease
sooty submissive sound barrier home
  03/20/20
If landlords have to bear this new risk, I’m confident...
kink-friendly kitchen
  03/20/20
State can suspend property tax too then
odious bronze lettuce
  03/20/20
just have some other kike make an insurance product for it
aphrodisiac legend patrolman
  03/20/20
why would interest accrue when mortgage payments are suspend...
aromatic striped hyena theatre
  03/20/20
Because who's gonna pay the administrators during this time ...
sooty submissive sound barrier home
  03/20/20
what administrators? nobody is "administering" any...
aromatic striped hyena theatre
  03/20/20
...
slimy hyperventilating messiness ratface
  03/20/20
Because our economic system is designed to benefit the owner...
low-t incel cuckoldry
  03/20/20
Pay your rent, deadbeat.
know-it-all turquoise hominid
  03/20/20
This is bullshit, you act like landlords have 0% liquid and ...
Cobalt greedy garrison internal respiration
  03/20/20
...
Galvanic juggernaut
  03/20/20
You can give temporary hand-outs to renters, or allow renter...
Useless lake spot black woman
  03/20/20
...
Galvanic juggernaut
  03/20/20
Landlord kikes are going to be very surprised when evicting ...
sable cowardly dingle berry
  03/20/20
yes, i'm sure a government run with a LANDLORD as POTUS is g...
Magical Violent Gunner Mad-dog Skullcap
  03/20/20
Twist: knowing the Jew allows one to name it
sable cowardly dingle berry
  03/20/20
Landlords typically service secured debt every month The...
kink-friendly kitchen
  03/20/20
Respond to this if you think an unexpected emergency price c...
kink-friendly kitchen
  03/20/20
nobody who took econ 101 would say there's literally no impa...
Floppy Genital Piercing
  03/20/20
Who said anything about collapse? It will backfire in lots o...
kink-friendly kitchen
  03/20/20
I'm saying that next time around landlords can buy insurance...
Floppy Genital Piercing
  03/20/20
tcr, pls go ahead and close thread mods
disrespectful school cafeteria
  03/20/20
this is even more complicated if the originated debt is secu...
disrespectful school cafeteria
  03/20/20
"and renters will end up eating the incremental cost&qu...
thriller whorehouse associate
  03/20/20
Yeah they can apparently pass on 100% of the cost increase t...
Floppy Genital Piercing
  03/20/20
Who gives a shit about “feels”? the market clear...
kink-friendly kitchen
  03/20/20
landlords taking out debt on property they can't afford with...
Heady Field
  03/20/20
landlords = groups of investors investing through funds, rei...
disrespectful school cafeteria
  03/20/20
if no one can pay rent how do they expect to pay the mortgag...
Heady Field
  03/20/20
Well in theory they did a credit check that assumed renters ...
kink-friendly kitchen
  03/20/20
hahahaha
Heady Field
  03/20/20
landlord can not just waive the right to receive rental paym...
disrespectful school cafeteria
  03/20/20
Guvment needs to step in and say "YOU SHALL NOT PASS!&q...
ruddy clown
  03/20/20
Mike Bloomberg has a few million dollars max in a liquid ban...
kink-friendly kitchen
  03/20/20
You think so? I'd say Mike probably has like $200 million i...
ruddy clown
  03/20/20
Actually prob right. Between pure checking and extra liquid ...
kink-friendly kitchen
  03/20/20
Are you suggesting that he paid for $900 million of campaign...
Floppy Genital Piercing
  03/20/20
no one should rent over the age of 25. either buy or move ho...
Hideous water buffalo
  03/20/20
im gay
Charismatic pontificating people who are hurt
  03/20/20
oh ok. youre fine.
Hideous water buffalo
  03/20/20
same
Big-titted dragon market
  03/20/20
everyone rents. you rent from the government, i rent from th...
Chartreuse Hairraiser Depressive
  03/20/20
If you have to pay property tax, then it's a rental.
ruddy clown
  03/20/20
is there more to this line of thinking? never heard it befor...
disrespectful school cafeteria
  03/20/20
guess what happens when you don't pay your property tax
Heady Field
  03/20/20
...
sooty submissive sound barrier home
  03/20/20
Protip: just don't pay it. Courts are closed buddy.
stimulating pistol hunting ground
  03/20/20


Poast new message in this thread



Reply Favorite

Date: March 20th, 2020 4:48 PM
Author: Galvanic juggernaut

??? 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: sooty submissive sound barrier home

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: contagious azure bawdyhouse feces

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: lilac multi-billionaire



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: Dead mint piazza personal credit line



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



Reply Favorite

Date: March 21st, 2020 4:47 PM
Author: Seedy Effete Forum



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



Reply Favorite

Date: March 20th, 2020 4:51 PM
Author: copper double fault hospital



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



Reply Favorite

Date: March 20th, 2020 4:52 PM
Author: Cobalt greedy garrison internal respiration

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: cordovan nubile church building



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



Reply Favorite

Date: March 20th, 2020 5:28 PM
Author: Excitant Theater Community Account



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



Reply Favorite

Date: March 20th, 2020 5:42 PM
Author: smoky provocative pozpig deer antler



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



Reply Favorite

Date: March 20th, 2020 5:43 PM
Author: fishy soul-stirring weed whacker



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



Reply Favorite

Date: March 20th, 2020 6:32 PM
Author: supple godawful locus ape



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



Reply Favorite

Date: March 20th, 2020 6:45 PM
Author: disrespectful school cafeteria



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: vermilion vivacious trailer park



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: Chartreuse Hairraiser Depressive



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



Reply Favorite

Date: March 20th, 2020 7:31 PM
Author: lilac multi-billionaire



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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: slimy hyperventilating messiness ratface



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



Reply Favorite

Date: March 20th, 2020 7:47 PM
Author: thriller whorehouse associate

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: know-it-all turquoise hominid

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: contagious azure bawdyhouse feces

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: know-it-all turquoise hominid

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: Galvanic juggernaut

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: stimulating pistol hunting ground

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: know-it-all turquoise hominid

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: Galvanic juggernaut

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: Magical Violent Gunner Mad-dog Skullcap

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: Galvanic juggernaut

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: know-it-all turquoise hominid

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: Galvanic juggernaut

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: know-it-all turquoise hominid

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: disrespectful school cafeteria

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: disrespectful school cafeteria

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: passionate church kitty cat

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: know-it-all turquoise hominid

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: Duck-like Ceo

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: aromatic striped hyena theatre



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: passionate church kitty cat



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: slimy hyperventilating messiness ratface



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: filthy lime son of senegal



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



Reply Favorite

Date: March 20th, 2020 5:44 PM
Author: contagious azure bawdyhouse feces

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: Charismatic pontificating people who are hurt



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: slimy hyperventilating messiness ratface



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: Dead mint piazza personal credit line



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



Reply Favorite

Date: March 20th, 2020 8:59 PM
Author: Chartreuse Hairraiser Depressive



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



Reply Favorite

Date: March 20th, 2020 6:46 PM
Author: ruddy clown

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: disrespectful school cafeteria

(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: passionate church kitty cat



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



Reply Favorite

Date: March 20th, 2020 8:58 PM
Author: Chartreuse Hairraiser Depressive

?

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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: slimy hyperventilating messiness ratface



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



Reply Favorite

Date: March 20th, 2020 5:29 PM
Author: exciting legal warrant public bath

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: know-it-all turquoise hominid

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: exciting legal warrant public bath

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: disrespectful school cafeteria

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: Diverse cruel-hearted ticket booth

Lol

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



Reply Favorite

Date: March 20th, 2020 5:32 PM
Author: Duck-like Ceo

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: know-it-all turquoise hominid

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: Duck-like Ceo

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: aromatic striped hyena theatre



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



Reply Favorite

Date: March 20th, 2020 5:39 PM
Author: know-it-all turquoise hominid

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: kink-friendly kitchen

Rent would skyrocket then.

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



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Date: March 20th, 2020 6:35 PM
Author: sooty submissive sound barrier home

Only if you're on a month to month lease

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



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Date: March 20th, 2020 6:37 PM
Author: kink-friendly kitchen

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)



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Date: March 20th, 2020 6:48 PM
Author: odious bronze lettuce

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: aphrodisiac legend patrolman

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: aromatic striped hyena theatre

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: sooty submissive sound barrier home

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: aromatic striped hyena theatre

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: slimy hyperventilating messiness ratface



(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: low-t incel cuckoldry

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: know-it-all turquoise hominid

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: Cobalt greedy garrison internal respiration

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: Galvanic juggernaut



(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: Useless lake spot black woman

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: Galvanic juggernaut



(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: sable cowardly dingle berry

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: Magical Violent Gunner Mad-dog Skullcap

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: sable cowardly dingle berry

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: kink-friendly kitchen

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: kink-friendly kitchen

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: Floppy Genital Piercing

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: kink-friendly kitchen

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: Floppy Genital Piercing

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: disrespectful school cafeteria

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: disrespectful school cafeteria

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: thriller whorehouse associate

"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: Floppy Genital Piercing

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: kink-friendly kitchen

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: Heady Field

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: disrespectful school cafeteria

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: Heady Field

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: kink-friendly kitchen

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: Heady Field

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: disrespectful school cafeteria

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: ruddy clown

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: kink-friendly kitchen

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: ruddy clown

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: kink-friendly kitchen

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: Floppy Genital Piercing

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: Hideous water buffalo

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: Charismatic pontificating people who are hurt

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: Hideous water buffalo

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: Big-titted dragon market

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: Chartreuse Hairraiser Depressive

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: ruddy clown

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: disrespectful school cafeteria

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: Heady Field

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: sooty submissive sound barrier home



(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: stimulating pistol hunting ground

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

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