61–70 of 229 posts
Do eviction rates correlate to rent prices at all?
1) Leeches occupy housing without paying
2) Paying renters compete for constrained supply of housing not occupied by leachers
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Option B:
1) Leeches kicked to curb
2) Paying renters compete for entire supply of housing
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Option B has higher supply for the competing demand. Prices should fall, unless all leeches become paying renters.
This growth in website traffic has provided LawDistrict with an influx of new data on eviction rates and the extent to which they’ve risen due to the end of the federal eviction moratorium. While Eviction Lab has tracked this upwards trend in a very limited number of states and cities, our database spans almost all U.S. states. By coupling this information with research from across the web, we’ve obtained the followi…
> The rates of evictions served are approaching pre-pandemic levels in certain areas. This is kinda shocking - not that the rates are rising, but that after the drumbeat we've been hearing about the coming eviction-pocalypse, it hasn't happened. Seems that there'd be pent-up demand for eviction after 1.5 years of not being allowed to, which would result in a much higher rate for a while until it leveled off. Guess th…
Tangential and honest question: how do eviction moratoriums help? I can see how a short ban on evictions can help prevent a spike in a homelessness crisis, but long term I really struggle with it. Is the assumption that all/most landlords have infinite money to support non-payers? Are governments subsidizing 100% of the missed rent?
As a landlord, I can tell you that the government does NOT replace ANY of the missed rent. Moreover, while many tenants have continued to pay their rent - MANY have gradually started realizing that I am unable to evict them, and have completely stopped paying rent. Moreover, they have started collaborating under the assumption that there is more protection if they do it together. Like other landlords, I have lost a t…
Tangential and honest question: how do eviction moratoriums help? I can see how a short ban on evictions can help prevent a spike in a homelessness crisis, but long term I really struggle with it. Is the assumption that all/most landlords have infinite money to support non-payers? Are governments subsidizing 100% of the missed rent?
As a landlord, I can tell you that the government does NOT replace ANY of the missed rent. Moreover, while many tenants have continued to pay their rent - MANY have gradually started realizing that I am unable to evict them, and have completely stopped paying rent. Moreover, they have started collaborating under the assumption that there is more protection if they do it together. Like other landlords, I have lost a t…
Financial advice always says, don't put your eggs into one basket. If a single multi unit apartment represented your retirement, that seems to have just been bad investment?
Anyway, rental assistance programs are available out there. Just need to put the work in and apply and wait.
I'm all for providing a social safety net in exactly the way the US doesn't. Housing (aka shelter) is a key part of that but the way the US does this is completely backwards. The government saying you can't evict someone is basically telling people they don't have to pay rent anymore regardless of need . Rent control is the same way: you can't raise the rent regardless of need . So these programs don't really help pe…
There are certainly some people saying "f landlords" with little justification. But there are also a good number of people saying that because they have lived in run-down housing that's detrimental to their health. Slumlords are a thing. I live in a small town right now, and there are absentee landlords here; I lived in a big city and absentee landlords are everywhere. For all the people who have paid rent in a home…
There are simple solutions to slumlords: reporting them and enforcing the habitability laws that are already on the books.
Tangential and honest question: how do eviction moratoriums help? I can see how a short ban on evictions can help prevent a spike in a homelessness crisis, but long term I really struggle with it. Is the assumption that all/most landlords have infinite money to support non-payers? Are governments subsidizing 100% of the missed rent?
These headlines are some of the weirdest backwards stories I’ve seen lately. It’s like everyone is desperate to make this into a crisis yet reality isn’t delivering the eviction catastrophe the headline writers wanted. Obviously we’re seeing more evictions now that they’re literally not banned. That’s not news. However, this is shocking: > The rates of evictions served are approaching pre-pandemic levels in certain a…
The current state of things appears to be that internet and media/ad revenue AI machine seem to have come together to put us in an sort of shepard tone of fear and impending doom. Pandemic, war, inflation, division, shortages, crypto, every storm has a name, everything is record breaking. I have more to be grateful for than I've ever had before, in spite of all of this somehow- but I can see the inequality growing around me.
To me it seems like chaos has gone "viral." I don't know when or how it ends and we come out better for it.
Earlier quoted context omitted.
You are missing that the pandemic is very much ongoing, despite the government pretending the opposite. At my institution, the semester is starting. We are serving the lower income bracket (read nursing school). Enrollment is down 20 %. This is going to have long-term consequences.
The number of nurses that are willing to quit so they aren't required to get the vaccine is insane, and I think that might be what is driving the enrollment reduction.
A much safer bet is that no one wants to be doing a job where they're practically front line fighters during a war, for measly pay.
I think a lot of doctors and nurses were reminded during this pandemic that unlike most other jobs, in case of major emergencies:
a) they can be conscripted to work in dangerous conditions
b) everyone expects them to actually do it
This is on top of the day to day responsibilities and risks (malpractice, etc). Much safer to just become an accountant.
I'm all for providing a social safety net in exactly the way the US doesn't. Housing (aka shelter) is a key part of that but the way the US does this is completely backwards. The government saying you can't evict someone is basically telling people they don't have to pay rent anymore regardless of need . Rent control is the same way: you can't raise the rent regardless of need . So these programs don't really help pe…
granted, this is a college landlord that is just taking advantage of college students, but I should have more recourse than “sue them eventually” when my landlord charges me a $90 late fee on my $0 balance that requires 6 office visits to resolve.
the other problem with landlords is that they aren’t spending capital to build. they’re spending capital to buy. corporate landlords (say 25+ units) should not be allowed to buy existing single family dwellings imo.
Earlier quoted context omitted.
You are missing that the pandemic is very much ongoing, despite the government pretending the opposite. At my institution, the semester is starting. We are serving the lower income bracket (read nursing school). Enrollment is down 20 %. This is going to have long-term consequences.
The number of nurses that are willing to quit so they aren't required to get the vaccine is insane, and I think that might be what is driving the enrollment reduction.
I admire anyone who sticks with it, but I certainly don't fault anyone who leaves to do literally anything else. The field is a horrific shit-show right now.