RE: Cancel Rent Movement
August 27, 2020 at 6:45 pm
(This post was last modified: August 27, 2020 at 6:45 pm by arewethereyet.)
For rent to be cancelled there has to be a way to make the landlord whole. Basically the choice is the tenant or the owner. Either way someone loses.
It would make more sense to set up a program whereby landlords don't lose what could be their only source of income. Not all landlords own multiple properties. If rent isn't paid the landlord still has property taxes and other expenses to tend to. If a repair is needed at a rental property is the landlord still supposed to fix the problem when they aren't collecting rent?
If we cancel rent how long do we do it while still expecting the owner to pay the property taxes and keep up with necessary repairs?
A program to help landlords who agree to reduce rent for a time makes more sense than saying hey - one of you gets screwed...we've decided it's the owner of the property.
It would make more sense to set up a program whereby landlords don't lose what could be their only source of income. Not all landlords own multiple properties. If rent isn't paid the landlord still has property taxes and other expenses to tend to. If a repair is needed at a rental property is the landlord still supposed to fix the problem when they aren't collecting rent?
If we cancel rent how long do we do it while still expecting the owner to pay the property taxes and keep up with necessary repairs?
A program to help landlords who agree to reduce rent for a time makes more sense than saying hey - one of you gets screwed...we've decided it's the owner of the property.
(August 27, 2020 at 5:32 pm)SUNGULA Wrote:(August 27, 2020 at 5:13 pm)BrianSoddingBoru4 Wrote: Nah, it’s doable. $250 in 1995 would have been the equivalent $425 today. Still would have been a squeeze, though.Doable but unlikely and yeah not all people in the same situation. Again it's just him pulling his everyone's a cheat or lazy card .
But not everyone is in the same situation. Some single-earner households have children, some don’t. Some have car payments, some don’t. Some have medical issues, some don’t. Simply because OLB was able to get by on - essentially - $1700 per month doesn’t mean everyone can.
Boru
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