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

Re: Eviction notice downloads soar after federal moratorium ends

#51

Post by all2 » Wed, Jan 19, 2022, 5:32 PM UTC

atwebb wrote: post #16

all2 wrote: post #5

Earlier quoted context omitted.

> On average, renters are behind three months’ rent and owe $2,550. 850/month, what a dream. I haven't seen that rate in a few years and I'd have to give up in-unit washer/drier to get that.

It is all about location, any conversation leaving that out is like comparing cars in general, some people are taking about sedans, some SUVs, some trucks, some semi-trucks... Even within cities it doesn't help, it is down to neighborhoods and streets. These threads seem to devolve into "It is so expensive in XYZ" or "You can get 5 homes in ABC."

To be honest, I'm not sure how to best run comparisons on real-estate. Anything beyond "this place looks a lot more expensive than that place" is well above my pay grade.

Re: Eviction notice downloads soar after federal moratorium ends

#52

Post by JohnJamesRambo » Wed, Jan 19, 2022, 5:32 PM UTC

q1w2 wrote: post #38

HarryHirsch wrote: post #26

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.

No post body was provided.

Re: Eviction notice downloads soar after federal moratorium ends

#53

Post by pavlov » Wed, Jan 19, 2022, 5:33 PM UTC

q1w2 wrote: post #38

HarryHirsch wrote: post #26

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.

> "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?

Re: Eviction notice downloads soar after federal moratorium ends

#54

Post by q1w2 » Wed, Jan 19, 2022, 5:33 PM UTC

xahrepap wrote: post #27

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 tremendous amount of money in this pandemic. My 12 unit complex represents my retirement, so this hit me very personally.

It's incredibly unfair that the most honest tenants continue to pay. The ones not paying are not paying because they know they can get away with it - not because they cannot pay - they are all still working.

Re: Eviction notice downloads soar after federal moratorium ends

#55

Post by aaomidi » Wed, Jan 19, 2022, 5:33 PM UTC

jMyles wrote: post #33

xahrepap wrote: post #27

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?

> Are governments subsidizing 100% of the missed rent? Not quite. Only 0%.

Nearly every state has a program to provide some rental payments back to the landlord.

It's going to be less and more delayed than rent payments, but that's expected during a crisis.

Renting isn't, and shouldn't be risk free.

Re: Eviction notice downloads soar after federal moratorium ends

#56

Post by [deleted] » Wed, Jan 19, 2022, 5:33 PM UTC

jMyles wrote: post #33

xahrepap wrote: post #27

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?

> Are governments subsidizing 100% of the missed rent? Not quite. Only 0%.

[deleted]

Re: Eviction notice downloads soar after federal moratorium ends

#57

Post by core-utility » Wed, Jan 19, 2022, 5:33 PM UTC

JacobThreeThree wrote: post #37

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…

Well said. It's totally expected that evictions would increase when they're no longer banned.

Agreed, I would have expected some sort of a backlog that landlords were looking to clear, since evictions were banned for almost 2 years.

Re: Eviction notice downloads soar after federal moratorium ends

#58

Post by djrogers » Wed, Jan 19, 2022, 5:33 PM UTC

nextlevelwizard wrote: post #14

all2 wrote: post #5

Earlier quoted context omitted.

> On average, renters are behind three months’ rent and owe $2,550. 850/month, what a dream. I haven't seen that rate in a few years and I'd have to give up in-unit washer/drier to get that.

What kind of mansion you live in? Highest rent I ever have paid was 400€/mo and it included water, electricity, and internet.

Average rent for a 1Br in the US is north of $1000.

(edit) - typo

Re: Eviction notice downloads soar after federal moratorium ends

#59

Post by colejohnson66 » Wed, Jan 19, 2022, 5:34 PM UTC

jMyles wrote: post #33

xahrepap wrote: post #27

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?

> Are governments subsidizing 100% of the missed rent? Not quite. Only 0%.

Yep. The moratorium only made it that you can't evict someone. It didn't make it that your tenants didn't have to pay. However, many tenants (for a variety of reasons that may not be their fault) chose to use the money elsewhere. So now the moratorium is ending and the thousands of dollars of missed rent payments are catching up.

Some states had programs that would provide some money to renters to help them with that, but it wasn't enough for a lot of people.

Re: Eviction notice downloads soar after federal moratorium ends

#60

Post by rhacker » Wed, Jan 19, 2022, 5:35 PM UTC

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…

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.