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Millions of Americans skipping payments as wave of defaults and evictions looms

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Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#191
post #49

Earlier quoted context omitted.

At the same time maybe it's time for landlords who have been sitting in armchairs swimming in cash to start giving back to the people who haven't been able to afford to live here?

Particularly in California -- it makes no sense for landlords to pay artificially low property taxes. Prop 13 should be reformed so you pay property taxes on the market rate of the property if you're renting it out.

It's not low when you first buy, even for years after. Rates can effectively start around %1.5 to %1.2 percent depending on the city.

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#192

Earlier quoted context omitted.

>Is there a dashboard which shows increase in testing capacity over that same period Here's the best resource Ive found for comparing all the relevant data: http://91-divoc.com/pages/covid-visualization/ Playing around with the data there, it looks like yes NC has had an increase in cases recently, but it tracks an increase in testing. Test positivity rates are about flat. It really is completely pointless to discuss…

>"Deaths are up, but as another poster pointed out it's hardly statistically significant. The rolling 7 day average is 2.2/1m now, vs 1.7/1m on May 1st." How is a 34% increase not statistically significant?

That's a statistical/maths term[1], not an opinion of the number.

[1] https://en.wikipedia.org/wiki/Statistical_significance

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#193

Earlier quoted context omitted.

I'm not a lawyer but reddit's r/legaladvice seems to enjoy referring to people to tree lawyers. From what I gather there's a lot of money involved in tree laws. And if you've got picture evidence that's especially loved by lawyers.

It probably isn't worthwhile to litigate against Section 8 voucher recipients. Not much in terms of assets to recover for your monetary damages.

Litigate against the tenant? You're probably right. But insurance? Maybe.

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#194

I'm so extremely grateful that I accepted section 8 tenants into my rental units. Most of these tenants have nearly all of their payment covered by the government and they just have to pay $100 or $200 on top of that to cover what the government won't. These tenants are often not accepted by landlords because they're thought to cause more issues. Mine are great. They keep the units spotless, mow the lawn for me on my…

I don't suppose the struggling non state supported private renters whom you outbid to buy these houses, which they might otherwise have been able to afford to buy themselves, but who are now paying rent to some other landlord instead, are quite so enamored with your altruistic enterprise.

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#195

Earlier quoted context omitted.

I don't disagree, but it's important to remember that when rent control is proposed, it's because some people are very desperate. It would behoove us to suggest viable alternatives every time it's proposed and we shoot it down.

The government could build affordable housing and rent it out at a reasonable price. "Council houses" as they are called in the UK are built very well. They are often ugly, but I'm sure that these days they can be built well, cheaply and made to look OK.

The government could start by removing hurdles to build. The amount of hassle one has to go through in California in order to build housing is staggering.

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#196

I'm so extremely grateful that I accepted section 8 tenants into my rental units. Most of these tenants have nearly all of their payment covered by the government and they just have to pay $100 or $200 on top of that to cover what the government won't. These tenants are often not accepted by landlords because they're thought to cause more issues. Mine are great. They keep the units spotless, mow the lawn for me on my…

[deleted]

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#197

The impact of this is going to be extremely bi-modal. Working class people are going to be decimated. No income and the cost deferral cliff. Middle class (office workers are least) and upper class people will do very well. They still have their jobs and their costs have collapsed. I am no longer paying for gas, childcare, bussing fees, car insurance, and all manner of other things. I can shop at Costco now that I hav…

How did you get cell phone and internet discounts?

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#198

I'm so extremely grateful that I accepted section 8 tenants into my rental units. Most of these tenants have nearly all of their payment covered by the government and they just have to pay $100 or $200 on top of that to cover what the government won't. These tenants are often not accepted by landlords because they're thought to cause more issues. Mine are great. They keep the units spotless, mow the lawn for me on my…

you have to be careful. I've noticed Section 8 neighborhoods tend to attract a lot of Crime.

Attract crime? Section 8 neighborhoods are like gated communities for poor people except instead of gates they have excessive police presence, few opportunities, overpriced essential goods, poor access to banking but usually several check cashing shops and payday lenders, minimum wage jobs or worse, bad schools.

Section 8 neighborhoods are a dumping ground for the people and families society deems undeserving.

Re: Millions of Americans skipping payments as wave of defaults and evictions looms

#199

Earlier quoted context omitted.

Is there a dashboard which shows increase in testing capacity over that same period, case demographics, presence of other medical conditions, and asymptomatic cases? With increased (including employment-related) testing, case count should be increasing everywhere, but some of those could be recovered or asymptomatic. We know that most hospitals were well below capacity, so new cases can be treated.

>Is there a dashboard which shows increase in testing capacity over that same period Here's the best resource Ive found for comparing all the relevant data: http://91-divoc.com/pages/covid-visualization/ Playing around with the data there, it looks like yes NC has had an increase in cases recently, but it tracks an increase in testing. Test positivity rates are about flat. It really is completely pointless to discuss…

Be careful not to swing too far the other way and assume that a flat positivity rate implies a flat actual infection rate. As states increase testing capacity, lower risk individuals will start to become part of the testing pool (e.g. those without severe symptoms, those with only fleeting contact with someone infected, those with no connection at all as part of a disease surveillance measure, etc.). Thus a flat testing positivity rate can very well coexist alongside an actual increase in rate of infection, and given the aforementioned factors we might even infer the latter given the former.
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