Originally Posted by
tex4354125
Tenants shouldn’t have to pay rent if they can show a legitimate hardship due to the virus, and landlords should be eligible to get their mortgages and taxes deferred.
Correct me if I’m wrong, but if you’re a landlord, the alternative is: kick the unemployed tenant out of your property, then pay to get the place cleaned, find a new tenant who can pay, risk having multiple interactions with multiple people during this search... and then you have no guarantee the new person won’t get laid off next month. Multiply this by every unit you own with a tenant who currently can’t pay.
I don’t own property (anymore) and I’m hardly an expert but it seems like under the circumstances, the safest bet for landlords would be to work with the tenants they already have?
And yeah, send everyone a check until this blows over. Call it socialism, call it whatever you want, but I was working in investments when the markets crashed in 2008. What we’re seeing today has a lot of eerie similarities and we’re going to see another recession if we don’t get money into some people’s hands and get them spending.
If anyone needs me, I’ll be behind my couch, shielding myself from the blast I’ll undoubtedly get for this reply
