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

??? WTF? Is this just some jew thing?
mahogany chapel chad
  03/20/20
But we have to contain the outbreak
talented ivory round eye stag film
  03/20/20
the jew must get paid. thats an axiomatic statement. the...
Amethyst Meetinghouse
  03/20/20
...
Aggressive puppy principal's office
  03/20/20
...
Aphrodisiac obsidian rigor
  03/20/20
...
mewling misunderstood locale
  03/21/20
...
lilac jewess
  03/20/20
You're supposed to have a 50-month emergency fund since ITE....
180 ultramarine roommate old irish cottage
  03/20/20
...
Orange Big Theatre Azn
  03/20/20
...
Chestnut wonderful yarmulke
  03/20/20
...
adulterous pearly public bath
  03/20/20
...
Vibrant silver mother
  03/20/20
...
Bossy double fault
  03/20/20
...
Vermilion University
  03/20/20
...
Honey-headed Swashbuckling Abode Potus
  03/20/20
...
excitant mauve newt
  03/20/20
...
Aggressive puppy principal's office
  03/20/20
...
sepia cuck toaster
  03/20/20
I have more money than that, but I'd killself first.
French property wagecucks
  03/20/20
There's no realistic way to suspend rent obligations. When ...
Walnut self-centered school
  03/20/20
this doesnt explain tho how ppl who arent getting paid are s...
Amethyst Meetinghouse
  03/20/20
That's the renter's problem.
Walnut self-centered school
  03/20/20
why not just have the landlords not get their money? why sho...
mahogany chapel chad
  03/20/20
Because Cohen Benefits
citrine boltzmann
  03/20/20
Tenants promised to pay rent in exchange for occupancy right...
Walnut self-centered school
  03/20/20
yes, there's an implied force majeure clause in the rental c...
mahogany chapel chad
  03/20/20
then there's one in the mortgage contract, too
Navy digit ratio
  03/20/20
agreed, mortgage payments are already being freezed. but ren...
mahogany chapel chad
  03/20/20
The borrower will still have to pay the full amount of the m...
Walnut self-centered school
  03/20/20
ok, why not defer rent payments then? simply spread out the ...
mahogany chapel chad
  03/20/20
I don't object to it. Renters do, though, because they don'...
Walnut self-centered school
  03/20/20
maybe on an asset by asset basis via a special workout, but ...
Vermilion University
  03/20/20
99% chance the property is being financed and landlord owes ...
Vermilion University
  03/20/20
Not when the government has shut down society. If one groups...
Floppy Macaca Place Of Business
  03/20/20
That makes no sense. The government is shutting down workpl...
Walnut self-centered school
  03/20/20
GO BACK TO ISRAEL
onyx affirmative action
  03/20/20
...
Anal house pozpig
  03/20/20
...
Floppy Macaca Place Of Business
  03/20/20
...
sepia cuck toaster
  03/20/20
...
Outnumbered vivacious coffee pot
  03/20/20
i say kill this kike right where it squawks.
Amethyst Meetinghouse
  03/20/20
...
stimulating keepsake machete
  03/20/20
...
sepia cuck toaster
  03/20/20
...
Aphrodisiac obsidian rigor
  03/20/20
...
excitant mauve newt
  03/20/20
Why does controlling the spread of COVID-19 take precedence ...
opaque spot
  03/20/20
(anti-semite)
Vermilion University
  03/20/20
...
Floppy Macaca Place Of Business
  03/20/20
?
excitant mauve newt
  03/20/20
...
sepia cuck toaster
  03/20/20
In a civilized world, force majeure would be read into every...
Snowy razzle native
  03/20/20
That would, at best, allow tenants to vacate early and stop ...
Walnut self-centered school
  03/20/20
Obviously it would be one-sided in favor of renters (until t...
Snowy razzle native
  03/20/20
only would work if mortgagee is also deprived of its right t...
Vermilion University
  03/20/20
Lol
Black trust fund
  03/21/20
just pass a law that no rent can be collected while a state ...
onyx affirmative action
  03/20/20
Then everyone gets evicted when the emergency passes, becaus...
Walnut self-centered school
  03/20/20
No back rent, we just hit the unpause button and every retur...
onyx affirmative action
  03/20/20
...
Anal house pozpig
  03/20/20
That's absurd. If you want the government to give away peop...
Walnut self-centered school
  03/20/20
Rent would skyrocket then.
soul-stirring plaza
  03/20/20
Only if you're on a month to month lease
talented ivory round eye stag film
  03/20/20
If landlords have to bear this new risk, I’m confident...
soul-stirring plaza
  03/20/20
State can suspend property tax too then
Cerebral Point
  03/20/20
just have some other kike make an insurance product for it
crystalline therapy
  03/20/20
why would interest accrue when mortgage payments are suspend...
Anal house pozpig
  03/20/20
Because who's gonna pay the administrators during this time ...
talented ivory round eye stag film
  03/20/20
what administrators? nobody is "administering" any...
Anal house pozpig
  03/20/20
...
sepia cuck toaster
  03/20/20
Because our economic system is designed to benefit the owner...
Chartreuse ceo
  03/20/20
Pay your rent, deadbeat.
Walnut self-centered school
  03/20/20
This is bullshit, you act like landlords have 0% liquid and ...
180 ultramarine roommate old irish cottage
  03/20/20
...
mahogany chapel chad
  03/20/20
You can give temporary hand-outs to renters, or allow renter...
Ungodly Bateful Hospital
  03/20/20
...
mahogany chapel chad
  03/20/20
Landlord kikes are going to be very surprised when evicting ...
out-of-control community account reading party
  03/20/20
yes, i'm sure a government run with a LANDLORD as POTUS is g...
Navy digit ratio
  03/20/20
Twist: knowing the Jew allows one to name it
out-of-control community account reading party
  03/20/20
Landlords typically service secured debt every month The...
soul-stirring plaza
  03/20/20
Respond to this if you think an unexpected emergency price c...
soul-stirring plaza
  03/20/20
nobody who took econ 101 would say there's literally no impa...
haunting bawdyhouse idea he suggested
  03/20/20
Who said anything about collapse? It will backfire in lots o...
soul-stirring plaza
  03/20/20
I'm saying that next time around landlords can buy insurance...
haunting bawdyhouse idea he suggested
  03/20/20
tcr, pls go ahead and close thread mods
Vermilion University
  03/20/20
this is even more complicated if the originated debt is secu...
Vermilion University
  03/20/20
"and renters will end up eating the incremental cost&qu...
French property wagecucks
  03/20/20
Yeah they can apparently pass on 100% of the cost increase t...
haunting bawdyhouse idea he suggested
  03/20/20
Who gives a shit about “feels”? the market clear...
soul-stirring plaza
  03/20/20
landlords taking out debt on property they can't afford with...
Khaki menage
  03/20/20
landlords = groups of investors investing through funds, rei...
Vermilion University
  03/20/20
if no one can pay rent how do they expect to pay the mortgag...
Khaki menage
  03/20/20
Well in theory they did a credit check that assumed renters ...
soul-stirring plaza
  03/20/20
hahahaha
Khaki menage
  03/20/20
landlord can not just waive the right to receive rental paym...
Vermilion University
  03/20/20
Guvment needs to step in and say "YOU SHALL NOT PASS!&q...
opaque spot
  03/20/20
Mike Bloomberg has a few million dollars max in a liquid ban...
soul-stirring plaza
  03/20/20
You think so? I'd say Mike probably has like $200 million i...
opaque spot
  03/20/20
Actually prob right. Between pure checking and extra liquid ...
soul-stirring plaza
  03/20/20
Are you suggesting that he paid for $900 million of campaign...
haunting bawdyhouse idea he suggested
  03/20/20
no one should rent over the age of 25. either buy or move ho...
Violet Multi-billionaire Shrine
  03/20/20
im gay
stimulating keepsake machete
  03/20/20
oh ok. youre fine.
Violet Multi-billionaire Shrine
  03/20/20
same
Sapphire Effete Dysfunction
  03/20/20
everyone rents. you rent from the government, i rent from th...
excitant mauve newt
  03/20/20
If you have to pay property tax, then it's a rental.
opaque spot
  03/20/20
is there more to this line of thinking? never heard it befor...
Vermilion University
  03/20/20
guess what happens when you don't pay your property tax
Khaki menage
  03/20/20
...
talented ivory round eye stag film
  03/20/20
Protip: just don't pay it. Courts are closed buddy.
citrine boltzmann
  03/20/20


Poast new message in this thread



Reply Favorite

Date: March 20th, 2020 4:48 PM
Author: mahogany chapel chad

??? 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: talented ivory round eye stag film

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: Amethyst Meetinghouse

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: Aggressive puppy principal's office



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: Aphrodisiac obsidian rigor



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



Reply Favorite

Date: March 21st, 2020 4:47 PM
Author: mewling misunderstood locale



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



Reply Favorite

Date: March 20th, 2020 4:51 PM
Author: lilac jewess



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



Reply Favorite

Date: March 20th, 2020 4:52 PM
Author: 180 ultramarine roommate old irish cottage

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: Orange Big Theatre Azn



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



Reply Favorite

Date: March 20th, 2020 5:28 PM
Author: Chestnut wonderful yarmulke



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



Reply Favorite

Date: March 20th, 2020 5:42 PM
Author: adulterous pearly public bath



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



Reply Favorite

Date: March 20th, 2020 5:43 PM
Author: Vibrant silver mother



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



Reply Favorite

Date: March 20th, 2020 6:32 PM
Author: Bossy double fault



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



Reply Favorite

Date: March 20th, 2020 6:45 PM
Author: Vermilion University



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: Honey-headed Swashbuckling Abode Potus



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: excitant mauve newt



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



Reply Favorite

Date: March 20th, 2020 7:31 PM
Author: Aggressive puppy principal's office



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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: sepia cuck toaster



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



Reply Favorite

Date: March 20th, 2020 7:47 PM
Author: French property wagecucks

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: Walnut self-centered school

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: Amethyst Meetinghouse

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: Walnut self-centered school

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: mahogany chapel chad

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: citrine boltzmann

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: Walnut self-centered school

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: mahogany chapel chad

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: Navy digit ratio

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: mahogany chapel chad

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: Walnut self-centered school

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: mahogany chapel chad

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: Walnut self-centered school

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: Vermilion University

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: Vermilion University

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: Floppy Macaca Place Of Business

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: Walnut self-centered school

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: onyx affirmative action

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: Anal house pozpig



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: Floppy Macaca Place Of Business



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: sepia cuck toaster



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: Outnumbered vivacious coffee pot



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



Reply Favorite

Date: March 20th, 2020 5:44 PM
Author: Amethyst Meetinghouse

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: stimulating keepsake machete



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: sepia cuck toaster



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: Aphrodisiac obsidian rigor



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



Reply Favorite

Date: March 20th, 2020 8:59 PM
Author: excitant mauve newt



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



Reply Favorite

Date: March 20th, 2020 6:46 PM
Author: opaque spot

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: Vermilion University

(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: Floppy Macaca Place Of Business



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



Reply Favorite

Date: March 20th, 2020 8:58 PM
Author: excitant mauve newt

?

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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: sepia cuck toaster



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



Reply Favorite

Date: March 20th, 2020 5:29 PM
Author: Snowy razzle native

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: Walnut self-centered school

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: Snowy razzle native

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: Vermilion University

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: Black trust fund

Lol

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



Reply Favorite

Date: March 20th, 2020 5:32 PM
Author: onyx affirmative action

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: Walnut self-centered school

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: onyx affirmative action

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: Anal house pozpig



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



Reply Favorite

Date: March 20th, 2020 5:39 PM
Author: Walnut self-centered school

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: soul-stirring plaza

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: talented ivory round eye stag film

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: soul-stirring plaza

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: Cerebral Point

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: crystalline therapy

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: Anal house pozpig

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: talented ivory round eye stag film

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: Anal house pozpig

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: sepia cuck toaster



(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: Chartreuse ceo

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: Walnut self-centered school

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: 180 ultramarine roommate old irish cottage

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: mahogany chapel chad



(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: Ungodly Bateful Hospital

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: mahogany chapel chad



(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: out-of-control community account reading party

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: Navy digit ratio

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: out-of-control community account reading party

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: soul-stirring plaza

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: soul-stirring plaza

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: haunting bawdyhouse idea he suggested

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: soul-stirring plaza

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: haunting bawdyhouse idea he suggested

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: Vermilion University

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: Vermilion University

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: French property wagecucks

"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: haunting bawdyhouse idea he suggested

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: soul-stirring plaza

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: Khaki menage

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: Vermilion University

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: Khaki menage

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: soul-stirring plaza

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: Khaki menage

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: Vermilion University

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: opaque spot

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: soul-stirring plaza

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: opaque spot

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: soul-stirring plaza

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: haunting bawdyhouse idea he suggested

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: Violet Multi-billionaire Shrine

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: stimulating keepsake machete

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: Violet Multi-billionaire Shrine

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: Sapphire Effete Dysfunction

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: excitant mauve newt

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: opaque spot

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: Vermilion University

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: Khaki menage

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: talented ivory round eye stag film



(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: citrine boltzmann

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

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