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Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!

 
Anonymous Coward
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07/29/2021 12:44 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
The goal is to foreclose on small investors.
 Quoting: Original Bunnyswanson


Ohhhh ... now I get it. Thank you for clarifying.
Anonymous Coward
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07/29/2021 12:45 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


We've crossed from clown town to the outer limits of the freak zone.
 Quoting: ~Jazz~


pennywise
Anonymous Coward
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07/29/2021 12:46 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
This is criminal. They are purposefully bankrupting landowners!
Anonymous Coward
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07/29/2021 12:46 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Well he cares about keeping people in there homes unlike the GQP.
 Quoting: Anonymous Coward RT


Everybody cares about keeping people in their homes.

Therefore he should not interfere with the peoples business by enforcing mandatory lockdowns, which trigger supply chain breakdowns, etc.

People can protect themselves however they see fit, with the CDC's ADVICE as a coach, not as an enforcement agency.

Then these people could have continued to pay rent just like everyone else. If they need a job, go find one. There are millions of them out there now that the federal government is PAYING people to stay home.

The people that are having problems paying rent can also pay rent with the money that the fed is giving them to stay home.

I don't see the problem here other than MISINFORMATION being SPREAD ON PURPOSE by the demon controlled MSM.


This is all a well constructed plan to starve the people of money by shutting down commerce, to bankrupt the nation, to bring on the 'great reset' for a one world satanic controlled government, and to effectively force the republican/conservatives to either bail out the renters, due to the leftist/communists ploy, or look bad and be ridiculed for not having a 'heart'.

Its a good plan, allowed to executed because the people are being bad and are being punished.

Now that all conservatives must either be vaccinated or leave their federal government positions, the government will soon be totally controlled by the leftists, in less than a month.

Rapture in 3... 2... 1....
 Quoting: Anonymous Coward 68008138


But after a month all those vaccinated leftists will be dying of Incurable pneumonia.
Anonymous Coward
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07/29/2021 12:50 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Fu@k them lazy pieces of Sh*t...

Throw them out on their ass...

Where is My Free rent?

Where is my Mortgage help?

Oh I'm not Dumb enough to have rent or a Mortgage.

I live in what I can afford..

I Don't Grovel to bankers.

To Look good in front of People who Don't count anyway...

wtf
Anonymous Coward
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07/29/2021 12:50 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
No segment of government has the authority to enact a moratorium, just as none had the authority to enact lockdowns. Both were acts of war and and should be treated as such.
BodilessModerator
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07/29/2021 12:53 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Kick the can, off the cliff...
 Quoting: WatchingWatchers


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


Ever since the rigged election it's gone downhill, all bets are OFF!
Things will never be the same...
 Quoting: Anonymous Coward 80673462




Spot On


hesright
 Quoting: Limpan


About that last comment. Let’s hope and pray they never go back to being the same. Trump just exposed how corrupt “the same” is. Let’s hope we can get back to Constitutional Rule

It’s way past time—none of us have ever known it
“We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden

Joe Biden will never be the man Michelle Obama is

The worst thing about dying is that you become a democratic voter for eternity
Don Draper from Nantucket  (OP)

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07/29/2021 12:53 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
This is criminal. They are purposefully bankrupting landowners!
 Quoting: Anonymous Coward 80662993


Yep and then Blackrock/ Vanguard can come in and scoop the property up for pennies on the dollar!
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Don Draper from Nantucket  (OP)

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07/29/2021 12:54 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
No segment of government has the authority to enact a moratorium, just as none had the authority to enact lockdowns. Both were acts of war and and should be treated as such.
 Quoting: Anonymous Coward 12522309


clappa

Especially not the CDC!
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
GemKline

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07/29/2021 12:55 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Once the evictions start, it’s the end. How long can this be sustained?
Don Draper from Nantucket  (OP)

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07/29/2021 12:55 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
...


Yep we are in clown world now!
 Quoting: Don Draper from Nantucket


Ever since the rigged election it's gone downhill, all bets are OFF!
Things will never be the same...
 Quoting: Anonymous Coward 80673462




Spot On


hesright
 Quoting: Limpan


About that last comment. Let’s hope and pray they never go back to being the same. Trump just exposed how corrupt “the same” is. Let’s hope we can get back to Constitutional Rule

It’s way past time—none of us have ever known it

 Quoting: Bodiless


Hear! Hear!
PLATA BITCHEZZZZZZ

UPGRADE UNAVAILABLE

The Rolling Stones said it best...

"What's confusing you is the nature of my game"
Bloody Peasant!

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07/29/2021 12:56 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
I don't know what the solution is here since the hole the feds have dug is so deep. Let the foreclosures begin is a first step to get the freeloaders out, who by the way were given free money but used it to buy booze and a PS5? Support the landlords who were stripped of income to pay their mortgages by policies of the feds? Speed up the litigation for the landlords to recoup lost income on their properties? I don't know but it's got to stop before it becomes normalized to live for free, because there are lots of people that still pay their mortgages and we should not be supporting the freeloaders.
This business will get out of control. It will get out of control and we'll be lucky to live through it.

-Admiral Josh Painter

The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia.

-Orwell

Bloody Peasant
Anonymous Coward
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07/29/2021 12:58 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
The goal is to foreclose on small investors.
 Quoting: Original Bunnyswanson


Correct they got rid of alot of small businesses with lockdown #1 and now its time for small investors next.

I never invested in rental property as the people i know who did end up making pretty much nothing on it and even if they sell it later tenants are far more destructive on property since they don't own it.
Anonymous Coward
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United Kingdom
07/29/2021 12:59 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Congress should expropriate all rental and mortgage housing.
Blessed Ev

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07/29/2021 01:03 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
When the family moved we sold all rental properties to make a clean break and to simplify our daily lives. Duplexes, houses and a six unit apartment building.

Dodged a bullet. We are not rich and needed the rents to pay the mortgages barely making it by doing everything we possibly could ourselves to save money. Idea was to work hard and sacrifice to build up equity so we could sell for a capital gain later. Been out of the business for quite some time now but I can't imagine how landlords operating on a shoestring budget like we were are staying solvent with the moratorium in place. We would have been destroyed financially if this had happened to us.
 Quoting: Anonymous Coward 80650700


I think that is the plan. Destruction. "You'll own nothing and be happy".

Last Edited by Blessed E v on 07/29/2021 01:04 PM
“The heart of the discerning acquires knowledge.” Proverbs 18:15
Blessed Ev

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07/29/2021 01:05 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
This is criminal. They are purposefully bankrupting landowners!
 Quoting: Anonymous Coward 80662993


Yep and then Blackrock/ Vanguard can come in and scoop the property up for pennies on the dollar!
 Quoting: Don Draper from Nantucket


BINGO!
“The heart of the discerning acquires knowledge.” Proverbs 18:15
Anonymous Coward
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07/29/2021 01:09 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Once the evictions start, it’s the end. How long can this be sustained?
 Quoting: GemKline


Big consumer creditors like paypal know the deadbeat renter tsunami coming and looming defaults, like wells fargo and others who have cut off consumer credit and credit card lines of crdit- on THE TOP of paypals webpage

"There is over $45 billion in aid available for renters who are behind on housing costs during the pandemic and may need help making payments.
Learn more at consumerfinance.gov/renthelp"
Thorbulla

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07/29/2021 01:15 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
When the family moved we sold all rental properties to make a clean break and to simplify our daily lives. Duplexes, houses and a six unit apartment building.

Dodged a bullet. We are not rich and needed the rents to pay the mortgages barely making it by doing everything we possibly could ourselves to save money. Idea was to work hard and sacrifice to build up equity so we could sell for a capital gain later. Been out of the business for quite some time now but I can't imagine how landlords operating on a shoestring budget like we were are staying solvent with the moratorium in place. We would have been destroyed financially if this had happened to us.
 Quoting: Anonymous Coward 80650700


Most renters do not understand this. I've owned rental properties and it's not what the renter thinks it's like.
---Thorbulla
nutmeg

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07/29/2021 01:17 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Congress will be going on their month+ vacation soon....

July
Week 1
Senate: Not in session
House: July 1

Week 2
Senate: Not in session
House: Not in session

Week 3
Senate: July 12-16
House: July 12-16

Week 4
Senate: July 19-23
House: July 19-22

Week 5
Senate: July 26-30
House: July 26-30

August
Week 1
Senate: August 2-6
House: Not in session

Week 2
Senate: Not in session
House: Not in session

Week 3
Senate: Not in session
House: Not in session

Week 4
Senate: Not in session
House: Not in session

Week 5
Senate: Not in session
House: August 31
[link to ballotpedia.org (secure)]

Last Edited by nutmeg on 07/29/2021 01:18 PM
Anonymous Coward
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07/29/2021 01:18 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Thread: Democrats cannot drop Covid since there is another election next year.
oniongrass

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07/29/2021 01:19 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
What are the odds this gets passed in the house with 3 days left and the weekend coming up?

They are going to pass their 1.2 trillion dollar infrastrucutre bill and let 10% of Americans become homeless at the same time. Kinda overshadows any success of an infrastructure bill.

What will be the repercussions of eliminating the moratorium? Will home prices plunge over the next couple months. I am guessing YES and already seeing it happen, even in Florida. Houses are staying up longer and more sellers are reducing their prices.
 Quoting: Anonymous Coward 80203575


The eviction moratorium had to end. If they want to continue it, they have to provide money to make the landlords whole, going forward and even for the past year of this. And to make whole the tenants who kept paying.

I don't see why evicting tenants from apartments would lead to a decline in house prices. If anything, you might have a few evicted tenants who saved up their money now buying houses, so it would increase prices.
.
DON'T VAX, PROPHYLAX!

____________

There is no anger in Me: If one offers Me thorns and thistles, I will march to battle against him, And set all of them on fire.

But if he holds fast to My refuge, He makes Me his friend; He makes Me his friend. (Isaiah 27:4-5)
nutmeg

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07/29/2021 01:19 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!


This off-year (2021) election includes the regular gubernatorial elections in New Jersey and Virginia.

Last Edited by nutmeg on 07/29/2021 01:23 PM
oniongrass

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07/29/2021 01:21 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
When the family moved we sold all rental properties to make a clean break and to simplify our daily lives. Duplexes, houses and a six unit apartment building.

Dodged a bullet. We are not rich and needed the rents to pay the mortgages barely making it by doing everything we possibly could ourselves to save money. Idea was to work hard and sacrifice to build up equity so we could sell for a capital gain later. Been out of the business for quite some time now but I can't imagine how landlords operating on a shoestring budget like we were are staying solvent with the moratorium in place. We would have been destroyed financially if this had happened to us.
 Quoting: Anonymous Coward 80650700


Most renters do not understand this. I've owned rental properties and it's not what the renter thinks it's like.
 Quoting: Thorbulla


You think they care? "Free rent, I'll take it! Stick it to da man!"
.
DON'T VAX, PROPHYLAX!

____________

There is no anger in Me: If one offers Me thorns and thistles, I will march to battle against him, And set all of them on fire.

But if he holds fast to My refuge, He makes Me his friend; He makes Me his friend. (Isaiah 27:4-5)
Dr. Novosel

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Croatia
07/29/2021 01:23 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
When the family moved we sold all rental properties to make a clean break and to simplify our daily lives. Duplexes, houses and a six unit apartment building.

Dodged a bullet. We are not rich and needed the rents to pay the mortgages barely making it by doing everything we possibly could ourselves to save money. Idea was to work hard and sacrifice to build up equity so we could sell for a capital gain later. Been out of the business for quite some time now but I can't imagine how landlords operating on a shoestring budget like we were are staying solvent with the moratorium in place. We would have been destroyed financially if this had happened to us.
 Quoting: Anonymous Coward 80650700


And the only one that benefits at the end would be the banks if there were bank payments that weren't be made. Every time, the house never looses. :(
Dr. Novosel
Anonymous Coward
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07/29/2021 01:55 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Here comes another lockdown.
 Quoting: The_Last_Centurion


That's exactly what I get from this.
 Quoting: Anonymous Coward 80580656


Yes, a Delta lockdown will kick the can and save their sorry asses for s bit longer.
JB1969

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07/29/2021 02:08 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
This is a fun subject no one talks about. As soon as those evictions and foreclosures are given the green light every property in the US will plummet in value. The repercussions from that will cripple the economy in short order.
 Quoting: Anonymous Coward 74439342


I don’t agree with that. The value of rental properties will go up when people are forced to pay rent again. I don’t think there will be many foreclosures on owner occupied properties either. I read 14% of people are behind on their mortgage. Most lenders are working with people and will just tack on the missed payments to the end of their loan.
JB
Anonymous Coward
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07/29/2021 02:16 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
When the family moved we sold all rental properties to make a clean break and to simplify our daily lives. Duplexes, houses and a six unit apartment building.

Dodged a bullet. We are not rich and needed the rents to pay the mortgages barely making it by doing everything we possibly could ourselves to save money. Idea was to work hard and sacrifice to build up equity so we could sell for a capital gain later. Been out of the business for quite some time now but I can't imagine how landlords operating on a shoestring budget like we were are staying solvent with the moratorium in place. We would have been destroyed financially if this had happened to us.
 Quoting: Anonymous Coward 80650700


Most renters do not understand this. I've owned rental properties and it's not what the renter thinks it's like.
 Quoting: Thorbulla


These are the same people who think everything is covered by insurance and if it's not, the business can just "write it off" like the government just hands businesses some money when the insurance company won't.
4doggies

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07/29/2021 02:26 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
They have to keep the moratorium or their house of cards will fall overnight.
 Quoting: REaliZe


Gotta keep it going till 11/6/2022 so they can get re-elected again.

That's gonna be tough.
 Quoting: Anonymous Coward 78676308


Exactly. I've been expecting this the whole time. There is no Covid left so they make up the Delta variant. This will carry them for another year, then it will be too dangerous to vote again, and here ya go, 14 million fake mail in ballots again and the commies win the house and senate again.
Anonymous Coward
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07/29/2021 02:35 PM
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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
Here comes another lockdown.
 Quoting: The_Last_Centurion


This is what I am thinking also, the other things are good ideas as well, but this is an indicator imo of another lockdown. But don't get me wrong they have to keep it going or as someone else said the house of cards falls.
American Poet

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07/29/2021 02:38 PM

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Re: Biden Urges Congress To Extend Eviction Moratorium In 11th Hour Plea...Uh Oh!
This is criminal. They are purposefully bankrupting landowners!
 Quoting: Anonymous Coward 80662993


Yep and then Blackrock/ Vanguard can come in and scoop the property up for pennies on the dollar!
 Quoting: Don Draper from Nantucket


Socialized housing in 3...2....1....
The wheels of justice turn slowly, but grind exceedingly fine.





GLP