The very fact that being a landlord is coming with such outsized financial risks these days is the reason why more and more housing is in the hands of big, anonymous real estate companies - companies which will ruthlessly raise rents to maximize their profits and evict tenants who are going through a bad stretch.

Freezing out small, private landlords from the housing market is not in the interest of tenants.

This post was edited by Black XistenZ on Mar 15 2021 05:40am

This is not a "these days" thing dude. Being a landlord has always been a risky business. You have to assume you will have long stretches where your house might sit empty and if you lose another source of income during that time you're fucked. This is the absolute most basic thing you have to account for when you become a landlord.

The problem is the laws protect deadbeat tenants too well and they know this. It means they can live in someone elses house without paying rent for over a year and liberal governments don't see this as a problem.

Pretty dumb to say that the government's don't see this as a problem. It's just a significantly less intense problem then a brand new homeless population of five million all springing up overnight.

If we had some sort of universal basic income and our governments had taken this as seriously as the government's in France and the Euro Zone in general then this wouldn't be a problem. But instead we have Republicans in America trying to avoid all the necessary assistance because that would be Socialism or some b*******

??? didnt even read article lmao. the landlord and renter are both female. why didnt the tenant plan for a rainy day? the renter shouldnt be allowed to breach a contract and ruin another person because of the renter’s bad planning/scamming








indeed. as a result of these govt policies these large companies will swoop up all the housing, and turn everywhere into cookie cutter “luxury” apartments. the usual suspects will cry ‘gentrification’, and blame “republicans” for new york’s state and city government and their foolish bureaucratic procedures lmao

This post was edited by excellence on Mar 15 2021 07:28am

It is a "these days" thing since there are constantly new laws which make it ever more difficult for a landlord to take action against non-paying tenants. Arguing that "being a landlord has always been a risky business" is very undercomplex since it doesnt account for the fact that this risk has been raised substantially due to misguided government regulation.

This post was edited by Black XistenZ on Mar 15 2021 07:48am

You have to be living under a rock to not know that rentoid parasites have been getting away with non payment of rent from well before the pandemic. This is a problem that hasn't been addressed for decades. I currently have over 10k outstanding in rent i dont ever expect to see from an assortment of tenants I've had over the years.

Absolutely, the pandemic and accompanying response has made it more difficult to be a landlord, but if a landlord can't handle a year with no income from the house then they were not in a position to be a landlord. Period.

This is a statement I can agree with, it is not a valid counterargument to my original post though.