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Eviction notice downloads soar after federal moratorium ends

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Re: Eviction notice downloads soar after federal moratorium ends

#102
post #91

Earlier quoted context omitted.

Landlords don't generally evict people because they want their properties to be empty. Evicting a tenant and taking in a different one has no effect on the number of people with housing. If you actually want to reduce crowding, build more housing.

> Landlords don't evict people because they want their properties to be empty. Evicting a tenant and taking in a different one has no effect on the number of people with housing. I'm not sure where I made the impression that landlords want empty properties. They're evicting so that they can bring in paying tenants, but those tenants are often housed elsewhere anyway, not coming out of unhoused or underhoused groups.…

People getting evicted from a two bedroom apartment aren't going to a homeless shelter, they're going to a studio apartment that costs half as much. People getting evicted from a studio apartment aren't getting replaced by Jeff Bezos, they're getting replaced by someone else who can only afford a studio apartment and might have otherwise been homeless.

Increasing the number of units on the market will tend to reduce rents and allow more people to afford housing.

Re: Eviction notice downloads soar after federal moratorium ends

#103

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?

> Tangential and honest question: how do eviction moratoriums help?

They allow politicians to pretend they've resolved a problem, while managing other aspects of a crisis. Later, when the moratorium expires, hopefully the media is concerned with other things and the plight of the evicted will go unheeded.

It's also a middle-of-the-road measure between doing nothing (bad publicity) and declaring a rent holiday / subsidizing rent from taxes / expropriating rented-out apartments or other such measures (politically difficult, angers donors and politicians' social milieu).

Re: Eviction notice downloads soar after federal moratorium ends

#104
post #54

Earlier quoted context omitted.

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…

Quoted post unavailable.

IANAL, but it sounds as though GP has a job... Managing a 12-unit apartment complex.

Re: Eviction notice downloads soar after federal moratorium ends

#105
post #60
post #19

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…

If rentals were illegal the price of buying a 1300 sq. foot home might have been 100k instead of 700k. So I stand by my belief that it's - oh there's already a name for it - rent seeking.

Which forces people to buy those even if it isn't right for them. I've rented a place for 6 months before, both me and the landlord knew it was a 6 month lease and I'd be gone. It was perfect for those 6 months, I'm not sure if i'd have been able to sell after that. I wouldn't want to tie up 100k for 6 months.

Re: Eviction notice downloads soar after federal moratorium ends

#106

Earlier quoted context omitted.

This is completely false. The federal stimulus packages had billions in subsidies to landlords. That's in addition to the indirect support that the govtlernment has provides (such as the stimulus checks). Also most states have additional money for landlords.

There was all kinds of federal stimulus money given to businesses/property owners. It was just gobbled up by those who knew how to work the system (read: large property owners).

So... not "0%" as claimed in the comment I replied to.

Re: Eviction notice downloads soar after federal moratorium ends

#107
post #60

Earlier quoted context omitted.

If rentals were illegal the price of buying a 1300 sq. foot home might have been 100k instead of 700k. So I stand by my belief that it's - oh there's already a name for it - rent seeking.

That still leaves an enormous quantity of people who don't have 100k just laying around, and are not reliable enough to be loaned the sum.

Someone who can't be trusted with 100k shouldn't be entrusted to inhabit a house worth 700k. One careless action can easily cause 100k worth of damage to a house. It's probably easier to keep 100k safe than it is to keep at least 600k of value of a 700k house safe.

Re: Eviction notice downloads soar after federal moratorium ends

#108
post #60
post #19

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…

If rentals were illegal the price of buying a 1300 sq. foot home might have been 100k instead of 700k. So I stand by my belief that it's - oh there's already a name for it - rent seeking.

Are there any studies that support this claim? A 7x reduction in housing cost seems pretty crazy to me, especially in some of the land locked cities that I've lived in.

Re: Eviction notice downloads soar after federal moratorium ends

#109
post #67

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…

I've been thinking about this a lot lately. 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 some…

[deleted]

Re: Eviction notice downloads soar after federal moratorium ends

#110
post #67

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…

I've been thinking about this a lot lately. 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 some…

Simply abolish advertising and everything should revert to normalcy. Most of these humanity-corroding AI's were built to link eyeball attention to ad clicks; they won't exist in a world without ads.

It's likely I'm wrong about this, but it's still worth trying this experiment. The potential upsides are too great to leave on the table.

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