\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

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

??? WTF? Is this just some jew thing?
razzle stage
  03/20/20
But we have to contain the outbreak
Bearded trust fund haunted graveyard
  03/20/20
the jew must get paid. thats an axiomatic statement. the...
Transparent abode windowlicker
  03/20/20
...
dark sadistic den
  03/20/20
...
snowy spectacular locale voyeur
  03/20/20
...
flirting macaca reading party
  03/21/20
...
rusted mind-boggling trailer park famous landscape painting
  03/20/20
You're supposed to have a 50-month emergency fund since ITE....
Trip apoplectic lodge sex offender
  03/20/20
...
Big-titted ivory church building
  03/20/20
...
Glassy Address Knife
  03/20/20
...
histrionic domesticated boistinker
  03/20/20
...
Naked gunner tanning salon
  03/20/20
...
racy copper internal respiration
  03/20/20
...
bonkers green indian lodge pozpig
  03/20/20
...
Obsidian half-breed
  03/20/20
...
shivering temple becky
  03/20/20
...
dark sadistic den
  03/20/20
...
talented insecure bawdyhouse police squad
  03/20/20
I have more money than that, but I'd killself first.
Flesh Striped Hyena Spot
  03/20/20
There's no realistic way to suspend rent obligations. When ...
Tan judgmental ratface
  03/20/20
this doesnt explain tho how ppl who arent getting paid are s...
Transparent abode windowlicker
  03/20/20
That's the renter's problem.
Tan judgmental ratface
  03/20/20
why not just have the landlords not get their money? why sho...
razzle stage
  03/20/20
Because Cohen Benefits
Diverse Field
  03/20/20
Tenants promised to pay rent in exchange for occupancy right...
Tan judgmental ratface
  03/20/20
yes, there's an implied force majeure clause in the rental c...
razzle stage
  03/20/20
then there's one in the mortgage contract, too
amber soggy parlour
  03/20/20
agreed, mortgage payments are already being freezed. but ren...
razzle stage
  03/20/20
The borrower will still have to pay the full amount of the m...
Tan judgmental ratface
  03/20/20
ok, why not defer rent payments then? simply spread out the ...
razzle stage
  03/20/20
I don't object to it. Renters do, though, because they don'...
Tan judgmental ratface
  03/20/20
maybe on an asset by asset basis via a special workout, but ...
bonkers green indian lodge pozpig
  03/20/20
99% chance the property is being financed and landlord owes ...
bonkers green indian lodge pozpig
  03/20/20
Not when the government has shut down society. If one groups...
excitant mentally impaired main people
  03/20/20
That makes no sense. The government is shutting down workpl...
Tan judgmental ratface
  03/20/20
GO BACK TO ISRAEL
Costumed jew
  03/20/20
...
Dead immigrant
  03/20/20
...
excitant mentally impaired main people
  03/20/20
...
talented insecure bawdyhouse police squad
  03/20/20
...
sickened school cafeteria cuckold
  03/20/20
i say kill this kike right where it squawks.
Transparent abode windowlicker
  03/20/20
...
Talking base
  03/20/20
...
talented insecure bawdyhouse police squad
  03/20/20
...
snowy spectacular locale voyeur
  03/20/20
...
shivering temple becky
  03/20/20
Why does controlling the spread of COVID-19 take precedence ...
heady rigpig corner
  03/20/20
(anti-semite)
bonkers green indian lodge pozpig
  03/20/20
...
excitant mentally impaired main people
  03/20/20
?
shivering temple becky
  03/20/20
...
talented insecure bawdyhouse police squad
  03/20/20
In a civilized world, force majeure would be read into every...
Glittery Rough-skinned Chapel
  03/20/20
That would, at best, allow tenants to vacate early and stop ...
Tan judgmental ratface
  03/20/20
Obviously it would be one-sided in favor of renters (until t...
Glittery Rough-skinned Chapel
  03/20/20
only would work if mortgagee is also deprived of its right t...
bonkers green indian lodge pozpig
  03/20/20
Lol
lascivious slippery goyim hall
  03/21/20
just pass a law that no rent can be collected while a state ...
Costumed jew
  03/20/20
Then everyone gets evicted when the emergency passes, becaus...
Tan judgmental ratface
  03/20/20
No back rent, we just hit the unpause button and every retur...
Costumed jew
  03/20/20
...
Dead immigrant
  03/20/20
That's absurd. If you want the government to give away peop...
Tan judgmental ratface
  03/20/20
Rent would skyrocket then.
Nubile meetinghouse travel guidebook
  03/20/20
Only if you're on a month to month lease
Bearded trust fund haunted graveyard
  03/20/20
If landlords have to bear this new risk, I’m confident...
Nubile meetinghouse travel guidebook
  03/20/20
State can suspend property tax too then
Laughsome cuck
  03/20/20
just have some other kike make an insurance product for it
orange painfully honest garrison coffee pot
  03/20/20
why would interest accrue when mortgage payments are suspend...
Dead immigrant
  03/20/20
Because who's gonna pay the administrators during this time ...
Bearded trust fund haunted graveyard
  03/20/20
what administrators? nobody is "administering" any...
Dead immigrant
  03/20/20
...
talented insecure bawdyhouse police squad
  03/20/20
Because our economic system is designed to benefit the owner...
Dun swashbuckling coldplay fan
  03/20/20
Pay your rent, deadbeat.
Tan judgmental ratface
  03/20/20
This is bullshit, you act like landlords have 0% liquid and ...
Trip apoplectic lodge sex offender
  03/20/20
...
razzle stage
  03/20/20
You can give temporary hand-outs to renters, or allow renter...
iridescent fanboi national
  03/20/20
...
razzle stage
  03/20/20
Landlord kikes are going to be very surprised when evicting ...
Cocky ocher fat ankles business firm
  03/20/20
yes, i'm sure a government run with a LANDLORD as POTUS is g...
amber soggy parlour
  03/20/20
Twist: knowing the Jew allows one to name it
Cocky ocher fat ankles business firm
  03/20/20
Landlords typically service secured debt every month The...
Nubile meetinghouse travel guidebook
  03/20/20
Respond to this if you think an unexpected emergency price c...
Nubile meetinghouse travel guidebook
  03/20/20
nobody who took econ 101 would say there's literally no impa...
floppy sanctuary love of her life
  03/20/20
Who said anything about collapse? It will backfire in lots o...
Nubile meetinghouse travel guidebook
  03/20/20
I'm saying that next time around landlords can buy insurance...
floppy sanctuary love of her life
  03/20/20
tcr, pls go ahead and close thread mods
bonkers green indian lodge pozpig
  03/20/20
this is even more complicated if the originated debt is secu...
bonkers green indian lodge pozpig
  03/20/20
"and renters will end up eating the incremental cost&qu...
Flesh Striped Hyena Spot
  03/20/20
Yeah they can apparently pass on 100% of the cost increase t...
floppy sanctuary love of her life
  03/20/20
Who gives a shit about “feels”? the market clear...
Nubile meetinghouse travel guidebook
  03/20/20
landlords taking out debt on property they can't afford with...
Pearl Trump Supporter Yarmulke
  03/20/20
landlords = groups of investors investing through funds, rei...
bonkers green indian lodge pozpig
  03/20/20
if no one can pay rent how do they expect to pay the mortgag...
Pearl Trump Supporter Yarmulke
  03/20/20
Well in theory they did a credit check that assumed renters ...
Nubile meetinghouse travel guidebook
  03/20/20
hahahaha
Pearl Trump Supporter Yarmulke
  03/20/20
landlord can not just waive the right to receive rental paym...
bonkers green indian lodge pozpig
  03/20/20
Guvment needs to step in and say "YOU SHALL NOT PASS!&q...
heady rigpig corner
  03/20/20
Mike Bloomberg has a few million dollars max in a liquid ban...
Nubile meetinghouse travel guidebook
  03/20/20
You think so? I'd say Mike probably has like $200 million i...
heady rigpig corner
  03/20/20
Actually prob right. Between pure checking and extra liquid ...
Nubile meetinghouse travel guidebook
  03/20/20
Are you suggesting that he paid for $900 million of campaign...
floppy sanctuary love of her life
  03/20/20
no one should rent over the age of 25. either buy or move ho...
Plum Dysfunction
  03/20/20
im gay
Talking base
  03/20/20
oh ok. youre fine.
Plum Dysfunction
  03/20/20
same
comical whorehouse national security agency
  03/20/20
everyone rents. you rent from the government, i rent from th...
shivering temple becky
  03/20/20
If you have to pay property tax, then it's a rental.
heady rigpig corner
  03/20/20
is there more to this line of thinking? never heard it befor...
bonkers green indian lodge pozpig
  03/20/20
guess what happens when you don't pay your property tax
Pearl Trump Supporter Yarmulke
  03/20/20
...
Bearded trust fund haunted graveyard
  03/20/20
Protip: just don't pay it. Courts are closed buddy.
Diverse Field
  03/20/20


Poast new message in this thread



Reply Favorite

Date: March 20th, 2020 4:48 PM
Author: razzle stage

??? 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: Bearded trust fund haunted graveyard

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: Transparent abode windowlicker

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: dark sadistic den



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: snowy spectacular locale voyeur



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



Reply Favorite

Date: March 21st, 2020 4:47 PM
Author: flirting macaca reading party



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



Reply Favorite

Date: March 20th, 2020 4:51 PM
Author: rusted mind-boggling trailer park famous landscape painting



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



Reply Favorite

Date: March 20th, 2020 4:52 PM
Author: Trip apoplectic lodge sex offender

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: Big-titted ivory 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: Glassy Address Knife



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



Reply Favorite

Date: March 20th, 2020 5:42 PM
Author: histrionic domesticated boistinker



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



Reply Favorite

Date: March 20th, 2020 5:43 PM
Author: Naked gunner tanning salon



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



Reply Favorite

Date: March 20th, 2020 6:32 PM
Author: racy copper internal respiration



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



Reply Favorite

Date: March 20th, 2020 6:45 PM
Author: bonkers green indian lodge pozpig



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: Obsidian half-breed



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



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: shivering temple becky



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



Reply Favorite

Date: March 20th, 2020 7:31 PM
Author: dark sadistic den



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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: talented insecure bawdyhouse police squad



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



Reply Favorite

Date: March 20th, 2020 7:47 PM
Author: Flesh Striped Hyena Spot

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: Tan judgmental ratface

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: Transparent abode windowlicker

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: Tan judgmental ratface

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: razzle stage

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: Diverse Field

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: Tan judgmental ratface

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: razzle stage

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: amber soggy parlour

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: razzle stage

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: Tan judgmental ratface

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: razzle stage

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: Tan judgmental ratface

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: bonkers green indian lodge pozpig

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: bonkers green indian lodge pozpig

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: excitant mentally impaired main people

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: Tan judgmental ratface

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: Costumed jew

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: Dead immigrant



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: excitant mentally impaired main people



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: talented insecure bawdyhouse police squad



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



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: sickened school cafeteria cuckold



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



Reply Favorite

Date: March 20th, 2020 5:44 PM
Author: Transparent abode windowlicker

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: Talking base



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



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: talented insecure bawdyhouse police squad



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



Reply Favorite

Date: March 20th, 2020 8:09 PM
Author: snowy spectacular locale voyeur



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



Reply Favorite

Date: March 20th, 2020 8:59 PM
Author: shivering temple becky



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



Reply Favorite

Date: March 20th, 2020 6:46 PM
Author: heady rigpig corner

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: bonkers green indian lodge pozpig

(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: excitant mentally impaired main people



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



Reply Favorite

Date: March 20th, 2020 8:58 PM
Author: shivering temple becky

?

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



Reply Favorite

Date: March 20th, 2020 7:44 PM
Author: talented insecure bawdyhouse police squad



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



Reply Favorite

Date: March 20th, 2020 5:29 PM
Author: Glittery Rough-skinned Chapel

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: Tan judgmental ratface

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: Glittery Rough-skinned Chapel

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: bonkers green indian lodge pozpig

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: lascivious slippery goyim hall

Lol

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



Reply Favorite

Date: March 20th, 2020 5:32 PM
Author: Costumed jew

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: Tan judgmental ratface

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: Costumed jew

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: Dead immigrant



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



Reply Favorite

Date: March 20th, 2020 5:39 PM
Author: Tan judgmental ratface

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: Nubile meetinghouse travel guidebook

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: Bearded trust fund haunted graveyard

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: Nubile meetinghouse travel guidebook

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: Laughsome cuck

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: orange painfully honest garrison coffee pot

just have some other kike make an insurance product for it

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820633)



Reply Favorite

Date: March 20th, 2020 5:37 PM
Author: Dead immigrant

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)



Reply Favorite

Date: March 20th, 2020 5:38 PM
Author: Bearded trust fund haunted graveyard

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: Dead immigrant

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)



Reply Favorite

Date: March 20th, 2020 7:45 PM
Author: talented insecure bawdyhouse police squad



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820350)



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: Dun swashbuckling coldplay fan

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)



Reply Favorite

Date: March 20th, 2020 5:40 PM
Author: Tan judgmental ratface

Pay your rent, deadbeat.

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819445)



Reply Favorite

Date: March 20th, 2020 5:38 PM
Author: Trip apoplectic lodge sex offender

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)



Reply Favorite

Date: March 20th, 2020 5:15 PM
Author: razzle stage



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819235)



Reply Favorite

Date: March 20th, 2020 5:46 PM
Author: iridescent fanboi national

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: razzle stage



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39819868)



Reply Favorite

Date: March 20th, 2020 6:35 PM
Author: Cocky ocher fat ankles business firm

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)



Reply Favorite

Date: March 20th, 2020 6:39 PM
Author: amber soggy parlour

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)



Reply Favorite

Date: March 20th, 2020 6:40 PM
Author: Cocky ocher fat ankles business firm

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: Nubile meetinghouse travel guidebook

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: Nubile meetinghouse travel guidebook

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)



Reply Favorite

Date: March 20th, 2020 7:01 PM
Author: floppy sanctuary love of her life

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)



Reply Favorite

Date: March 20th, 2020 7:08 PM
Author: Nubile meetinghouse travel guidebook

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: floppy sanctuary love of her life

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: bonkers green indian lodge pozpig

tcr, pls go ahead and close thread mods

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820011)



Reply Favorite

Date: March 20th, 2020 7:00 PM
Author: bonkers green indian lodge pozpig

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)



Reply Favorite

Date: March 20th, 2020 7:51 PM
Author: Flesh Striped Hyena Spot

"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)



Reply Favorite

Date: March 20th, 2020 7:53 PM
Author: floppy sanctuary love of her life

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)



Reply Favorite

Date: March 20th, 2020 9:35 PM
Author: Nubile meetinghouse travel guidebook

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)



Reply Favorite

Date: March 20th, 2020 6:52 PM
Author: Pearl Trump Supporter Yarmulke

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)



Reply Favorite

Date: March 20th, 2020 6:58 PM
Author: bonkers green indian lodge pozpig

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)



Reply Favorite

Date: March 20th, 2020 7:01 PM
Author: Pearl Trump Supporter Yarmulke

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)



Reply Favorite

Date: March 20th, 2020 7:02 PM
Author: Nubile meetinghouse travel guidebook

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)



Reply Favorite

Date: March 20th, 2020 7:05 PM
Author: Pearl Trump Supporter Yarmulke

hahahaha

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820089)



Reply Favorite

Date: March 20th, 2020 7:10 PM
Author: bonkers green indian lodge pozpig

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)



Reply Favorite

Date: March 20th, 2020 7:13 PM
Author: heady rigpig corner

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: Nubile meetinghouse travel guidebook

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)



Reply Favorite

Date: March 20th, 2020 7:16 PM
Author: heady rigpig corner

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)



Reply Favorite

Date: March 20th, 2020 7:18 PM
Author: Nubile meetinghouse travel guidebook

Actually prob right. Between pure checking and extra liquid cash equivalents

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820164)



Reply Favorite

Date: March 20th, 2020 8:07 PM
Author: floppy sanctuary love of her life

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)



Reply Favorite

Date: March 20th, 2020 7:01 PM
Author: Plum Dysfunction

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)



Reply Favorite

Date: March 20th, 2020 7:06 PM
Author: Talking base

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: Plum Dysfunction

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: comical whorehouse national security agency

same

(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820172)



Reply Favorite

Date: March 20th, 2020 7:11 PM
Author: shivering temple becky

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)



Reply Favorite

Date: March 20th, 2020 7:15 PM
Author: heady rigpig corner

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)



Reply Favorite

Date: March 20th, 2020 7:16 PM
Author: bonkers green indian lodge pozpig

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: Pearl Trump Supporter Yarmulke

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: Bearded trust fund haunted graveyard



(http://www.autoadmit.com/thread.php?thread_id=4480904&forum_id=2#39820531)



Reply Favorite

Date: March 20th, 2020 8:10 PM
Author: Diverse Field

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

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