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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 azn
  03/20/20
But we have to contain the outbreak
Beady-eyed rough-skinned abode crotch
  03/20/20
the jew must get paid. thats an axiomatic statement. the...
Magenta Lascivious Den Wrinkle
  03/20/20
...
vivacious hall
  03/20/20
...
Vermilion adventurous step-uncle's house organic girlfriend
  03/20/20
...
overrated plaza pozpig
  03/21/20
...
out-of-control ticket booth
  03/20/20
You're supposed to have a 50-month emergency fund since ITE....
ocher judgmental hominid
  03/20/20
...
brindle alcoholic puppy volcanic crater
  03/20/20
...
glittery cumskin brunch
  03/20/20
...
Bistre really tough guy chapel
  03/20/20
...
Dashing Whorehouse Water Buffalo
  03/20/20
...
Razzle-dazzle sneaky criminal
  03/20/20
...
Yellow market hairy legs
  03/20/20
...
gay startling area
  03/20/20
...
dull brethren laser beams
  03/20/20
...
vivacious hall
  03/20/20
...
stimulating church building weed whacker
  03/20/20
I have more money than that, but I'd killself first.
fragrant reading party stage
  03/20/20
There's no realistic way to suspend rent obligations. When ...
hairraiser toilet seat ape
  03/20/20
this doesnt explain tho how ppl who arent getting paid are s...
Magenta Lascivious Den Wrinkle
  03/20/20
That's the renter's problem.
hairraiser toilet seat ape
  03/20/20
why not just have the landlords not get their money? why sho...
galvanic azn
  03/20/20
Because Cohen Benefits
Big Lay
  03/20/20
Tenants promised to pay rent in exchange for occupancy right...
hairraiser toilet seat ape
  03/20/20
yes, there's an implied force majeure clause in the rental c...
galvanic azn
  03/20/20
then there's one in the mortgage contract, too
erotic private investor
  03/20/20
agreed, mortgage payments are already being freezed. but ren...
galvanic azn
  03/20/20
The borrower will still have to pay the full amount of the m...
hairraiser toilet seat ape
  03/20/20
ok, why not defer rent payments then? simply spread out the ...
galvanic azn
  03/20/20
I don't object to it. Renters do, though, because they don'...
hairraiser toilet seat ape
  03/20/20
maybe on an asset by asset basis via a special workout, but ...
Yellow market hairy legs
  03/20/20
99% chance the property is being financed and landlord owes ...
Yellow market hairy legs
  03/20/20
Not when the government has shut down society. If one groups...
dark duck-like generalized bond multi-billionaire
  03/20/20
That makes no sense. The government is shutting down workpl...
hairraiser toilet seat ape
  03/20/20
GO BACK TO ISRAEL
white cuck
  03/20/20
...
jade vibrant double fault
  03/20/20
...
dark duck-like generalized bond multi-billionaire
  03/20/20
...
stimulating church building weed whacker
  03/20/20
...
180 walnut legal warrant degenerate
  03/20/20
i say kill this kike right where it squawks.
Magenta Lascivious Den Wrinkle
  03/20/20
...
Medicated abnormal corn cake field
  03/20/20
...
stimulating church building weed whacker
  03/20/20
...
Vermilion adventurous step-uncle's house organic girlfriend
  03/20/20
...
dull brethren laser beams
  03/20/20
Why does controlling the spread of COVID-19 take precedence ...
Dead Yarmulke Rehab
  03/20/20
(anti-semite)
Yellow market hairy legs
  03/20/20
...
dark duck-like generalized bond multi-billionaire
  03/20/20
?
dull brethren laser beams
  03/20/20
...
stimulating church building weed whacker
  03/20/20
In a civilized world, force majeure would be read into every...
translucent odious selfie set
  03/20/20
That would, at best, allow tenants to vacate early and stop ...
hairraiser toilet seat ape
  03/20/20
Obviously it would be one-sided in favor of renters (until t...
translucent odious selfie set
  03/20/20
only would work if mortgagee is also deprived of its right t...
Yellow market hairy legs
  03/20/20
Lol
lemon blood rage patrolman
  03/21/20
just pass a law that no rent can be collected while a state ...
white cuck
  03/20/20
Then everyone gets evicted when the emergency passes, becaus...
hairraiser toilet seat ape
  03/20/20
No back rent, we just hit the unpause button and every retur...
white cuck
  03/20/20
...
jade vibrant double fault
  03/20/20
That's absurd. If you want the government to give away peop...
hairraiser toilet seat ape
  03/20/20
Rent would skyrocket then.
Grizzly floppy space cuckold
  03/20/20
Only if you're on a month to month lease
Beady-eyed rough-skinned abode crotch
  03/20/20
If landlords have to bear this new risk, I’m confident...
Grizzly floppy space cuckold
  03/20/20
State can suspend property tax too then
Provocative Friendly Grandma
  03/20/20
just have some other kike make an insurance product for it
Demanding ruddy karate
  03/20/20
why would interest accrue when mortgage payments are suspend...
jade vibrant double fault
  03/20/20
Because who's gonna pay the administrators during this time ...
Beady-eyed rough-skinned abode crotch
  03/20/20
what administrators? nobody is "administering" any...
jade vibrant double fault
  03/20/20
...
stimulating church building weed whacker
  03/20/20
Because our economic system is designed to benefit the owner...
racy rusted dysfunction
  03/20/20
Pay your rent, deadbeat.
hairraiser toilet seat ape
  03/20/20
This is bullshit, you act like landlords have 0% liquid and ...
ocher judgmental hominid
  03/20/20
...
galvanic azn
  03/20/20
You can give temporary hand-outs to renters, or allow renter...
Cracking doobsian regret mediation
  03/20/20
...
galvanic azn
  03/20/20
Landlord kikes are going to be very surprised when evicting ...
well-lubricated honey-headed property background story
  03/20/20
yes, i'm sure a government run with a LANDLORD as POTUS is g...
erotic private investor
  03/20/20
Twist: knowing the Jew allows one to name it
well-lubricated honey-headed property background story
  03/20/20
Landlords typically service secured debt every month The...
Grizzly floppy space cuckold
  03/20/20
Respond to this if you think an unexpected emergency price c...
Grizzly floppy space cuckold
  03/20/20
nobody who took econ 101 would say there's literally no impa...
Bateful balding base
  03/20/20
Who said anything about collapse? It will backfire in lots o...
Grizzly floppy space cuckold
  03/20/20
I'm saying that next time around landlords can buy insurance...
Bateful balding base
  03/20/20
tcr, pls go ahead and close thread mods
Yellow market hairy legs
  03/20/20
this is even more complicated if the originated debt is secu...
Yellow market hairy legs
  03/20/20
"and renters will end up eating the incremental cost&qu...
fragrant reading party stage
  03/20/20
Yeah they can apparently pass on 100% of the cost increase t...
Bateful balding base
  03/20/20
Who gives a shit about “feels”? the market clear...
Grizzly floppy space cuckold
  03/20/20
landlords taking out debt on property they can't afford with...
Tan boyish tanning salon sweet tailpipe
  03/20/20
landlords = groups of investors investing through funds, rei...
Yellow market hairy legs
  03/20/20
if no one can pay rent how do they expect to pay the mortgag...
Tan boyish tanning salon sweet tailpipe
  03/20/20
Well in theory they did a credit check that assumed renters ...
Grizzly floppy space cuckold
  03/20/20
hahahaha
Tan boyish tanning salon sweet tailpipe
  03/20/20
landlord can not just waive the right to receive rental paym...
Yellow market hairy legs
  03/20/20
Guvment needs to step in and say "YOU SHALL NOT PASS!&q...
Dead Yarmulke Rehab
  03/20/20
Mike Bloomberg has a few million dollars max in a liquid ban...
Grizzly floppy space cuckold
  03/20/20
You think so? I'd say Mike probably has like $200 million i...
Dead Yarmulke Rehab
  03/20/20
Actually prob right. Between pure checking and extra liquid ...
Grizzly floppy space cuckold
  03/20/20
Are you suggesting that he paid for $900 million of campaign...
Bateful balding base
  03/20/20
no one should rent over the age of 25. either buy or move ho...
Blue theatre affirmative action
  03/20/20
im gay
Medicated abnormal corn cake field
  03/20/20
oh ok. youre fine.
Blue theatre affirmative action
  03/20/20
same
exhilarant church
  03/20/20
everyone rents. you rent from the government, i rent from th...
dull brethren laser beams
  03/20/20
If you have to pay property tax, then it's a rental.
Dead Yarmulke Rehab
  03/20/20
is there more to this line of thinking? never heard it befor...
Yellow market hairy legs
  03/20/20
guess what happens when you don't pay your property tax
Tan boyish tanning salon sweet tailpipe
  03/20/20
...
Beady-eyed rough-skinned abode crotch
  03/20/20
Protip: just don't pay it. Courts are closed buddy.
Big Lay
  03/20/20


Poast new message in this thread



Reply Favorite

Date: March 20th, 2020 4:48 PM
Author: galvanic azn

??? 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: Beady-eyed rough-skinned abode crotch

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: Magenta Lascivious Den Wrinkle

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: vivacious hall



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: Vermilion adventurous step-uncle's house organic girlfriend



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



Reply Favorite

Date: March 21st, 2020 4:47 PM
Author: overrated plaza pozpig



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



Reply Favorite

Date: March 20th, 2020 4:51 PM
Author: out-of-control ticket booth



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



Reply Favorite

Date: March 20th, 2020 4:52 PM
Author: ocher judgmental hominid

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: brindle alcoholic puppy volcanic crater



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



Reply Favorite

Date: March 20th, 2020 5:28 PM
Author: glittery cumskin brunch



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



Reply Favorite

Date: March 20th, 2020 5:42 PM
Author: Bistre really tough guy chapel



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



Reply Favorite

Date: March 20th, 2020 5:43 PM
Author: Dashing Whorehouse Water Buffalo



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



Reply Favorite

Date: March 20th, 2020 6:32 PM
Author: Razzle-dazzle sneaky criminal



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



Reply Favorite

Date: March 20th, 2020 6:45 PM
Author: Yellow market hairy legs



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: gay startling area



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: dull brethren laser beams



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



Reply Favorite

Date: March 20th, 2020 7:31 PM
Author: vivacious hall



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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: stimulating church building weed whacker



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



Reply Favorite

Date: March 20th, 2020 7:47 PM
Author: fragrant reading party stage

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: hairraiser toilet seat ape

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: Magenta Lascivious Den Wrinkle

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: hairraiser toilet seat ape

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 azn

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: Big Lay

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: hairraiser toilet seat ape

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 azn

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: erotic private investor

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 azn

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: hairraiser toilet seat ape

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 azn

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: hairraiser toilet seat ape

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: Yellow market hairy legs

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: Yellow market hairy legs

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: dark duck-like generalized bond multi-billionaire

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: hairraiser toilet seat ape

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: white cuck

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: jade vibrant double fault



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: dark duck-like generalized bond multi-billionaire



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: stimulating church building weed whacker



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: 180 walnut legal warrant degenerate



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



Reply Favorite

Date: March 20th, 2020 5:44 PM
Author: Magenta Lascivious Den Wrinkle

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: Medicated abnormal corn cake field



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: stimulating church building weed whacker



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: Vermilion adventurous step-uncle's house organic girlfriend



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



Reply Favorite

Date: March 20th, 2020 8:59 PM
Author: dull brethren laser beams



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



Reply Favorite

Date: March 20th, 2020 6:46 PM
Author: Dead Yarmulke Rehab

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: Yellow market hairy legs

(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: dark duck-like generalized bond multi-billionaire



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



Reply Favorite

Date: March 20th, 2020 8:58 PM
Author: dull brethren laser beams

?

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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: stimulating church building weed whacker



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



Reply Favorite

Date: March 20th, 2020 5:29 PM
Author: translucent odious selfie set

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: hairraiser toilet seat ape

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: translucent odious selfie set

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: Yellow market hairy legs

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: lemon blood rage patrolman

Lol

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



Reply Favorite

Date: March 20th, 2020 5:32 PM
Author: white cuck

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: hairraiser toilet seat ape

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: white cuck

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: jade vibrant double fault



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



Reply Favorite

Date: March 20th, 2020 5:39 PM
Author: hairraiser toilet seat ape

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: Grizzly floppy space cuckold

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: Beady-eyed rough-skinned abode crotch

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: Grizzly floppy space cuckold

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: Provocative Friendly Grandma

State can suspend property tax too then

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819980)



Reply Favorite

Date: March 20th, 2020 8:19 PM
Author: Demanding ruddy karate

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: jade vibrant double fault

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: Beady-eyed rough-skinned abode crotch

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)



Reply Favorite

Date: March 20th, 2020 5:42 PM
Author: jade vibrant double fault

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: stimulating church building weed whacker



(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: racy rusted dysfunction

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: hairraiser toilet seat ape

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: ocher judgmental hominid

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 azn



(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: Cracking doobsian regret mediation

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)



Reply Favorite

Date: March 20th, 2020 6:33 PM
Author: galvanic azn



(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: well-lubricated honey-headed property background story

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: erotic private investor

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: well-lubricated honey-headed property background story

Twist: knowing the Jew allows one to name it

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819913)



Reply Favorite

Date: March 20th, 2020 6:43 PM
Author: Grizzly floppy space cuckold

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)



Reply Favorite

Date: March 20th, 2020 6:52 PM
Author: Grizzly floppy space cuckold

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: Bateful balding base

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: Grizzly floppy space cuckold

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)



Reply Favorite

Date: March 20th, 2020 7:51 PM
Author: Bateful balding base

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)



Reply Favorite

Date: March 20th, 2020 6:54 PM
Author: Yellow market hairy legs

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: Yellow market hairy legs

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: fragrant reading party stage

"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: Bateful balding base

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: Grizzly floppy space cuckold

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: Tan boyish tanning salon sweet tailpipe

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: Yellow market hairy legs

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: Tan boyish tanning salon sweet tailpipe

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: Grizzly floppy space cuckold

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: Tan boyish tanning salon sweet tailpipe

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: Yellow market hairy legs

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: Dead Yarmulke Rehab

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)



Reply Favorite

Date: March 20th, 2020 7:13 PM
Author: Grizzly floppy space cuckold

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: Dead Yarmulke Rehab

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: Grizzly floppy space cuckold

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: Bateful balding base

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: Blue theatre affirmative action

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: Medicated abnormal corn cake field

im gay

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820093)



Reply Favorite

Date: March 20th, 2020 7:06 PM
Author: Blue theatre affirmative action

oh ok. youre fine.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820095)



Reply Favorite

Date: March 20th, 2020 7:19 PM
Author: exhilarant church

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: dull brethren laser beams

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: Dead Yarmulke Rehab

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: Yellow market hairy legs

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)



Reply Favorite

Date: March 20th, 2020 7:22 PM
Author: Tan boyish tanning salon sweet tailpipe

guess what happens when you don't pay your property tax

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820195)



Reply Favorite

Date: March 20th, 2020 8:07 PM
Author: Beady-eyed rough-skinned abode crotch



(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: Big Lay

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

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