Eviction notice downloads soar after federal moratorium ends • Hacker News Board

Re: Eviction notice downloads soar after federal moratorium ends

#181

Post by ModernMech » Wed, Jan 19, 2022, 6:35 PM UTC

Cd00d wrote: post #175

abletonlive wrote: post #48

Earlier quoted context omitted.

> But no rentals at all? So the only way to have somewhere to live is to buy a house? Really? How is that practical and not a recipe for massive homelessness? As an aside, we do need to do something about hedge funds running around and buying up all the property, only building ultra-luxury property and the ultra-wealthy just parking money in real estate but none of those issues invalidates the need for a rental marke…

What is SFH? Google says some kind of supplement, but I'm guessing your 'H' refers to 'housing'.

Single Family Home

Re: Eviction notice downloads soar after federal moratorium ends

#182

Post by dheera » Wed, Jan 19, 2022, 6:37 PM UTC

djrogers wrote: post #152

dheera wrote: post #28

1. Raise prices of the eviction template to $10000 2. Give the $10000 to the renters being evicted 3. Provide a free template to renters to counter the eviction

Where in that equation do you make any place for landlords to continue to exist?

I don't :)

The only landlords that will continue to exist are those that cut rents to levels that people can actually afford, instead of resorting to eviction while snoozing on an armchair.

The rest will be out of business and their properties will be affordable to young buyers again.

Re: Eviction notice downloads soar after federal moratorium ends

#183

Post by thegrimmest » Wed, Jan 19, 2022, 6:40 PM UTC

notch656a wrote: post #136

thegrimmest wrote: post #122

Earlier quoted context omitted.

Ehm, I'm not sure how that makes any sense at all. Someone who can't be trusted to repay 100k can certainly be trusted to inhabit a (insured) house worth 700k without setting it on fire. Landlords do exactly this all the time. Also, it's not about keeping the money safe, but about generating a return.

Well if we're talking about loaning 100k for the house, you can always execute your lien holder privileges to take back the house if they don't pay. Mortgage insurance providers a like service to the mortgage provider to minimize losses. I'd much rather be in position backing mortgage on 100k house, backed by mortgage insurance, than risking someone I don't trust with that same 100k having full custody of my house wo…

Your premise still doesn't make any sense. There are far more people who can be trusted not to cause massive property damage to their own homes (which they will then be liable for) than can be trusted to proactively work to repay a mortgage. It's a lot easier not to destroy value than to create it.

Mind you, many people do cause significant damage to the spaces they rent. This being among the most frequent complaints by landlords.

Re: Eviction notice downloads soar after federal moratorium ends

#184

Post by maxmamis » Wed, Jan 19, 2022, 6:40 PM UTC

endisneigh wrote: post #176

maxmamis wrote: post #173

Earlier quoted context omitted.

> If being a landlord is so easy, why wouldn't everyone do it? maybe just sit and think about this one for a minute? the answer is that they don't have the capital, which is why it's a relationship of exploitation. by virtue of owning more capital than me, my landlord feels entitled to the fruit of my own labor. it's just feudalism in a new garb, as reflected in the terms we use (landlord/lady)

You don’t need much capital to be a landlord, hence mortgages. If you’ve never owned a house you can put literally 0% down. The reasons to not be a landlord are plenty: - potential downturn in the area - tenants ruining your property - inability to do maintenance affordably - provide basic amenities and keep up with legal obligations can and do change unexpectedly - potential eviction expense and risk - rent collecti…

I never said it was “free money,” i said it was exploitation. just because it takes some effort to extract money from me doesn’t make it justifiable.

In other words, here’s the world’s smallest violin for my landlord’s “potential eviction expense and risk”

as for mortgages, please show me a worker living paycheck to paycheck who’s been approved for a mortgage for a twelve unit building

Re: Eviction notice downloads soar after federal moratorium ends

#185

Post by beerandt » Wed, Jan 19, 2022, 6:42 PM UTC

fknorangesite wrote: post #71

pavlov wrote: post #53

Earlier quoted context omitted.

> "The number of nurses that are willing to quit so they aren't required to get the vaccine is insane" Can you point to some data on this?

Skimming through this[1], for example, it looks like ~1%, though it seems that in some cases they are counting "medical workers" not just nurses. [1] https://www.beckershospitalreview.com/workforce/vaccination-...

That's fired, not quit.

Re: Eviction notice downloads soar after federal moratorium ends

#186

Post by endisneigh » Wed, Jan 19, 2022, 6:45 PM UTC

maxmamis wrote: post #184

endisneigh wrote: post #176

Earlier quoted context omitted.

You don’t need much capital to be a landlord, hence mortgages. If you’ve never owned a house you can put literally 0% down. The reasons to not be a landlord are plenty: - potential downturn in the area - tenants ruining your property - inability to do maintenance affordably - provide basic amenities and keep up with legal obligations can and do change unexpectedly - potential eviction expense and risk - rent collecti…

I never said it was “free money,” i said it was exploitation. just because it takes some effort to extract money from me doesn’t make it justifiable. In other words, here’s the world’s smallest violin for my landlord’s “potential eviction expense and risk” as for mortgages, please show me a worker living paycheck to paycheck who’s been approved for a mortgage for a twelve unit building

How is being a landlord any more exploitative than offering any other service?

Tenants are under no obligation to rent to a given landlord or in a given area.

Your example doesn’t really make sense - someone living paycheck to paycheck would default on a mortgage even if they got one. It’s for those people that renting makes the most sense.

You originally implied that renting out property is not a job, which implies no work. To receive money for doing nothing would be “free.”

Anyway, you seem to have an irrational hatred of landlords based on falsehoods. Hopefully you can find solace.

Re: Eviction notice downloads soar after federal moratorium ends

#187

Post by s1artibartfast » Wed, Jan 19, 2022, 6:45 PM UTC

cdcarter wrote: post #118

PragmaticPulp wrote: post #22

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…

If you believe that people should NOT be evicted for non-payment, that housing is a human right, and that our social safety net should be strong enough to support these people in need, then its obvious this is a crisis.

Even then, crisis is hyperbolic, given evictions have been standard practice for centuries.

Crisis:

An unstable or crucial time or state of affairs in which a decisive change is impending especially : one with the distinct possibility of a highly undesirable outcome.

Assuming housing is a human right, which I disagree with, surely people are not entitled to any house of their choosing. You would have to separate those forced to downsize from those actually leading to homelessness.

Re: Eviction notice downloads soar after federal moratorium ends

#188

Post by blululu » Wed, Jan 19, 2022, 6:47 PM UTC

alxjrvs wrote: post #34

cletus wrote: 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…

Typically, eliminating the concept of "landlord" would come hand-in-hand with eliminating the idea of real estate being privately "owned". None of these ideas are particularly popular amongst land-owners.

Hyper-capitalist Singapore provides public housing to about 80% of citizens. It’s a pretty functional system. You can have landlords and private land owners but they need to provide more value than a default. https://en.wikipedia.org/wiki/Public_housing_in_Singapore

Re: Eviction notice downloads soar after federal moratorium ends

#189

Post by hedgehog » Wed, Jan 19, 2022, 6:49 PM UTC

endisneigh wrote: post #142

hedgehog wrote: post #138

Earlier quoted context omitted.

Maintenance work is a job, owning real estate is an investment. Sometimes done by the same people, sometimes not.

Yes, I agree that owning real estate is an investment - renting it out is a job.

True, the parent commenter's concern is about the returns on their investment though.

Re: Eviction notice downloads soar after federal moratorium ends

#190

Post by maxmamis » Wed, Jan 19, 2022, 6:49 PM UTC

endisneigh wrote: post #186

maxmamis wrote: post #184

Earlier quoted context omitted.

I never said it was “free money,” i said it was exploitation. just because it takes some effort to extract money from me doesn’t make it justifiable. In other words, here’s the world’s smallest violin for my landlord’s “potential eviction expense and risk” as for mortgages, please show me a worker living paycheck to paycheck who’s been approved for a mortgage for a twelve unit building

How is being a landlord any more exploitative than offering any other service? Tenants are under no obligation to rent to a given landlord or in a given area. Your example doesn’t really make sense - someone living paycheck to paycheck would default on a mortgage even if they got one. It’s for those people that renting makes the most sense. You originally implied that renting out property is not a job, which implies…

> Your example doesn’t really make sense - someone living paycheck to paycheck would default on a mortgage even if they got one. It’s for those people that renting makes the most sense.

you just made my point for me — there is a class of the population that is forced into spending a third (often more!) of their income on housing, which is being hoarded by another class. no different from a feudal serf being forced to turn over their hard-won harvest to the nobility. but sure, they can go find another manor to live on, they’re under no obligation to give their labor to this particular lord...