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The Victims of the Eviction Moratorium

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1–10 of 122 posts

Re: The Victims of the Eviction Moratorium

#5
I feel the same way about rent control. It's not fair for society at large to make property owners eat the cost or the lost potential income alone. I am aggressively pro rent control and pro eviction moratorium during the pandemic, but I am for a (progressive) tax to fund these programs. It's just unfair to make yourself feel good by supporting these programs when you don't have any skin in the game. I'm not naïve though, I know that if you raise taxes to fund these programs as a society as opposed to a property owner having to fund it alone, those programs will lose their popularity. This is a case where most people's support for these programs is literally all talk. And yes, some property owners are scum and/or large corporations and people will game the system. But then you address that with oversight with teeth.

Re: The Victims of the Eviction Moratorium

#6
post #2

As with much of the US pandemic response, a half measure with significant consequences.

The sad part is how politicians and organized groups are seemingly afraid to change their direction for fear of voter retribution. Comparing datasets across states and regions, it is not entirely clear to me which had the most effective policies. I would like to see an official CDC report that identifies which policies worked and which did not. I don't think we're going to see a report - because it would become an instant political hot potato.

Eviction moratoriums in 2021 - a full year after the start of the crisis are nonsensical. Individual owners such in the article will eventually lose their properties to deeper pockets - further entrenching wealth disparity.

Re: The Victims of the Eviction Moratorium

#7
Clearly some landlords are getting hurt due to some tenants taking unethical advantage of the situation. But I think we need to wait to draw broad conclusions until this can be systematically analyzed at the macro level, rather than doing so from the one-off anecdotes in the article.

Re: The Victims of the Eviction Moratorium

#8

I find it hard to be sympathetic with people who chose to overleverage themselves with their investments.

You could make the exact same point towards the renters who were banking on their job to pay the rent. One is called a mortgage while the other is called rent.

Re: The Victims of the Eviction Moratorium

#9

I find it hard to be sympathetic with people who chose to overleverage themselves with their investments.

You could make the exact same point towards the renters who were banking on their job to pay the rent. One is called a mortgage while the other is called rent.

There's a difference between working to eat, and investing. Investments have inherent risk, and if you can't bear that risk, don't overleverage yourself.

Re: The Victims of the Eviction Moratorium

#10
post #2

As with much of the US pandemic response, a half measure with significant consequences.

The sad part is how politicians and organized groups are seemingly afraid to change their direction for fear of voter retribution. Comparing datasets across states and regions, it is not entirely clear to me which had the most effective policies. I would like to see an official CDC report that identifies which policies worked and which did not. I don't think we're going to see a report - because it would become an in…

> Individual owners such in the article will eventually lose their properties to deeper pockets

How do we know that’s not the actual goal of those policies?

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