Yes, they do. UNless soemone bought a property recently just before the pandemic, they all should be OK if the landlords are long term owners because they made huge amounts of money in the past decade.
@@kanank13 you are assuming they have enough cash flow for that. They might have mortgage or they might be retiree living off the rent. This is like assuming tenants made huge amount of money living in rent controlled apartment because they are below market.
@@winning3329 You have no idea what you are talking about. 1.25% of a 1.5M property is what? 3.25% mortgage on a 1.2M mortgage is what? Just because you are poor doesn't mean others aren't too.
Have any of these "Property Owners" researched the financial means that are available for their utilization including Grants, Mortgage Halt FEMA RELIEF, or even Mortage Reimbursement?! Populations combining, Every one Needs to Stop wasting time and figure out their strategy how we're better prepared, we have to wòrk together, stand,, grow together serving the GREATEST GOOD to spread these hues graciously we've been entangled in an ugly abusive mass rather than just working together through to accomplish a feat (any feat really) My family, My children, 8,11,17, my house guest over holidays, whose turned guard/protector due to the resent infringements of the Property Owner from whom I lease. I have sought assistance to do so recently, I have also sought out tax write offs for the government, that are available to All the people to obtain and utilize. Look at federal funding for PASSERS BYE, that goes back to them because We ignore and choose not to utilize or consider these funds as handouts!? It is there for you to put it to work and it's ignored. It's there, funding is available. We need to utilize these avenues and work together rather than fight each other.... Especially now, mama's, babies, orphans, pets, families people, community's, being torn apart, failing to work together, fighting and breaking things more...
I have to write a check for property taxes in sf! And all I get is poo, pee, open drug use, looting, rioting, a ticket for no front license plate, and closed businesses everywhere around me!
@Jon when you move to Texas don't bring your California ideology and politics into the state of Texas because the people of Texas don't want it remember now when you move to Texas assimilate or the old saying goes When in Rome do like what the Romans do.
@@garyquail2347 amen, don’t bring the same dumb voting mentality that ruined the place you’re coming from as most always do and then wonder why that place also goes to shiet
So what happens when the small landlords can't pay their mortgages and/property taxes and get foreclosed upon? Then you have 2 sets of folks in financial ruin. The state should cut back the amount property taxes, licenses, permits and fees, or do away with them all together during the pandemic.
We should never be subject to any of those things in the first place. It’s indentured servitude. Statists utopia, everyone needing permission to wipe their own ass and for pretty much everything else. Free country my ass. Thinly veiled dictatorship.
Landlords will evict then is unable to re-rent with unreasonable/unaffordable rent prices. So the units sit empty. The former tenant now has eviction on credit report and is unable to rent a new apartment. Makes sense to me.
Not in CA. Evictions are suppressed from one's credit report. Can you believe this b.s.? The only thing landlords can do is to make sure to report to the agencies, the balance due. This will show on a credit report.
@Dillon McCluskey no dude u literally can’t evict them . the judge will throw out your case if the person can prove their jobs or health have been impacted by COVID . lol read the CARES act . sure you can evict ppl that are taking advantage of the moratorium but not the ppl i stated . and yes rent is due , but you will have to collect slow and steady . the only way to get those people out that have been impacted is to not renew their lease next term .
@Dillon McCluskey read the act . rent is still due but you can’t evict once the order is lifted if they can prove they were furloughed or laid off . the judge will throw the case out . u can hope to collect the monies due but that’s a complicated process . u can not renew their lease when it runs out tho.
I blame the techies for this current situation. They transplanted themselves here, eff it up for locals, and are now ditching the city they eff up. Thanks tech, not.
Yes. Before 2004 I didn't see as much homeless and displaced. Let them fucking work wherever they want, they already sucked the soul out of our city. Those techies get mad when they called out, but look how fucking fast so many of them moved away. San Francisco will always have a place in my heart.
@@SFbayArea94121 The city is destroyed every single time I pass by downtown I have sadness in my heart. All those people on the street, all those working class folks working two jobs to rent anywhere in the bay area. The whole thing breaks my heart, as someone who seen the highs and lows, This is rock bottom.
I was here before the tech boom, SF was eff up before the techies were here. They actually pushed out the worst of the worst to Vallejo, Stockton, and Richmond (the city, not the district).
That's the only wake up call for them, for so long they controlled the rents and pushed them to the moon. Now let's see when techies the folks who came with thousands of dollars to spend don't need to be in the bay area anymore for work. Techies ruined the real estate market. Before they all moved in, I didn't see as much homeless as we have now.
@@garyquail2347 yuppies didn't displace thousands that's all I'll say. Everyone could at least afford a room to sleep in in the 90s. Now a room in the city is a luxury.
I temporarily live in Alabama for work in construction and there is a pharmacy payment platform, (HealNow) moving its headquarters from NYC to Birmingham I could not believe it
So many people commenting on here that have no understanding of economics. Think about it this way: society decides that homelessness is wrong and in order to solve it - they force all the people in a specific neighborhood (and ONLY that neighborhood) to take in 5 homeless people - no compensation, no choice. I don't think very many of you would think that is fair. I am all for universal healthcare and universal shelter. Individual groups should not be forced to carry the financial burden for implementing broad government policy. ALL citizens should contribute if society decides it should be so. Punishing Uber, landlords or any other group by forcing them to pick up society's tab is hardly appropriate. If you think healthcare is a right - tell your elected representative you are ready to chip in. Same thing for rent control, eviction moratoriums, etc. You want to fight a war ? Send the poor kids and minorities... keep the educated and rich ones at home. NOT ! Same principle guys.
On top of all this, more harsh legislation is being imposed on all landlords. Honestly, who would want to continue being a landlord? It is too risky and very little return on investment.
You are absolutely right. And the techies were the first to leave when s%^& hit the fan. Hopefully SF goes back to its Bohemian roots after we shake off the damage.
This is not due to techies but rich one percenters like the governor Newsom and Trump. America is an oligarchy now. There is no leader of the people. Both parties have rich billionaires running for president.
@@klppdc u must not see the thing exponential rent and home prices in last 7 years. Also related to the tax break for tech companies. Ur average techie will make over 200,000 yearly + stocks. The truth is they are leaving for greener pasture . Can’t blame them . Landlords gotta take the hit like the took profits
I'm buying my family a house! Stop renting people! Buy your family a home! No more moving your children from place to place! I put my kids through this too, and although I'm a great mom, that still hurt them to be moved around. They lost friends and stability.
The landlords were excellent when they were charging $4000. for years for a very old and rundown 450sqf, now they are saying it is not fair. Give me a break, poor you guys.
You clearly have no understanding about the profit margin in real estate investment. Assuming your landlord lives next to you, he/she has to pay 90%-95%of why you pay to live there. All the rest of the money goes to mortgage, tax, insurance, all utilities bills and repair cost. Small landlords have the smalls profit margin, they can easily run into deficit from year to year. That's why less private individual invest in RE, and more REIT dominate the industry, and also why you're paying higher rent.
@@tingli9823 lol the bay area is way to inflated sure you have to pay fees they still charge an arm and a leg for barley anything when you can get house in Florida or anywhere else for a decent price
@@tingli9823 not gonna lie I would love to be a landlord I see both my parents bust their asses to live here in san jose landlords have it so easy . My landlord doesn't do shit my shower doesn't work half the time theirs rats ,possums , raccoons it's insane I wanna bitch slap his old ass
@@Copilot1204 I totally agree with you that in the position to collect rent is better than paying rent. But you have to save up hundreds of thousands of dollars for the down payment first. That need hard work and spending discipline for a long time. But if you look at the trend nationally, RE investment has become so tough for small landlords, stressful with small margin. More and more landlords are cashing out. I am getting out too. It's not worth the struggle, and people hate you for hardworking and successful.
@@tingli9823 yeah I'm not saying to get out but if I were in your position I would stay. People will always be upset with the more prosperous I just wish landlords cared more.
I wouldn't go that far. Depends on the tenants. Those still have full time jobs for the same income (stock depreciation doesn't count) should still pay. If they use this as an excuse to not pay rent and live free I'd sure as heck evict him. If it is someone in trouble and can pay back later I'd say give them a break.
I understand that investors need to make money to keep up their quality of lifestyle. These whining Landlords have made tons of money in the last decade with sky high rents and I am sure they could negotiate with their tenants and come to some kind of deal. Nothing is free and should never be free. But then people need to realize that humanity is more important than money,money,money. There is no question that some landlords rely on the rent and pay their mortgages etc..Landlords need to realize that this vacancy rate may be a permanent thing in the future as companies have decided to let their employees work from home. Eviction is an inhumane thing to do esp at times like this.
@@vipy4309 What is a mortgage? What is property tax? You do realize that the vast majority of private rentals are rented out by people who don't actually own the property they are renting out?
If The Department of Public Housing would get their act together and pay landlords on time and not have such red tape and an understaffed problem then the stigma of landlords accepting people with vouchers would subside. I have worked in leasing in San Francisco for years and this is the biggest obstacle since homelessness has been around prior to Covid-19. As well, if people can automatically qualify for MediCal when they fall below an income threshold then why cant people who lost income to pay rent and I am not talking about unemployment in that regards since you get a percentage in unemployment benefits compared to a regular wage. I do see a solution for landlords and this is it and why its not being applied immediately is the real problem aside from this pandemic.
Who will they rent to if all the applicants have an eviction on their record .work with these people, lower the damn rent .Take small payments try to help,or your buildings will be empty and you all will be broke .Bankruptcy bound
WELL FUCKING SAID! it needs to be community working together. But instead we are all losing and renters are really losing their homes with kids at risk.
2:30 “there’s something wrong with the system as a whole” - says landlord’s representative. Yet, when there was “something wrong with the system” and landlords doubled rents, ellis-acted teachers and 90yo grandmas, just to attract techies - landlords were ok with that “wrong system!” It’s only now when they suddenly are on the other side they started crying out loud!! FU! Wolves tears
Have any of these "Property Owners" researched the financial means that are available for their utilization including Grants, Mortgage Halt FEMA RELIEF, or even Mortage Reimbursement?! Populations combining, Every one Needs to Stop wasting time and figure out their strategy how we're better prepared, we have to wòrk together, stand,, grow together serving the GREATEST GOOD to spread these hues graciously we've been entangled in an ugly abusive mass rather than just working together through to accomplish a feat (any feat really) My family, My children, 8,11,17, my house guest over holidays, whose turned guard/protector due to the resent infringements of the Property Owner from whom I lease. I have sought assistance to do so recently, I have also sought out tax write offs for the government, that are available to All the people to obtain and utilize. Look at federal funding for PASSERS BYE, that goes back to them because We ignore and choose not to utilize or consider these funds as handouts!? It is there for you to put it to work and it's ignored. It's there, funding is available. We need to utilize these avenues and work together rather than fight each other.... Especially now, mama's, babies, orphans, pets, families people, community's, being torn apart, failing to work together, fighting and breaking things more...
Yes, that’s how much it cost! Even if a just cause is there, then still landlords ought to pay any Tennant to pay moving costs, and in addition the lawyer fees. Been there done that, and yes, former small landlord, who will never go back into this mess again. Tenants have way too many rights.... but I’m sure someone will disagree
Wait a minute, housing is a right? You have the right to live where you can afford - period! What about empty hotels? How about placing people who cannot afford to pay their rent in all of the empty hotels? C-R-I-C-K-E-T-S! I am not a landlord but will someone logically explain to me why landlords are on the hook for your living expenses? Landlords have to pay Mortgages, insurance, taxes, water, trash, and maintenance. Lastly, extending the Moratorium until January 2022 in California is just criminal!!!
Awe poor landlords. Years of charging 300% more than what the housing is worth. Now there crying? They should have saved there profits for a rainy day.
This is what the USA is about to look like under the far left. No more tax breaks . No more bailouts . Time to pay up or get out. You agreed to the contract . You voted for the people that drove the prices out the roof. Now be an adult and fulfill your financial obligation with out other taxpayers bailing you out.
Capitalism requires a reset every 10-12 years. That’s why it’s not sufficient. This is what happens when we allow rents to require people To make $15,000 a month to get a 1 bedroom.
Yep, in their greed, they fucked themself on this one. They pushed out stable long term residents for well heeled transient people that could easily pick up and move elsewhere.
The reason why capitalism is not working in places like SF is because politicians interfere with market forces. NiMBYs, rent control, lawsuits to block development, overzealous tenant right.
We have several small landlords, 20 units or less who are selling their problem properties for full cash offers from the huge corporations. They know it’s the only way out for them. The big corporations have the legal teams and money to get the non paying tenants out the minute they can.
The people they hurt without doing anything is the landlords will be picky about who they rent to: those with dual high income. The vulnerable ones will not be able to find anyone trusting them even with good credit and semi-stable jobs. I know a lot of mom and pop retiree landlords are doing that now. They used to rent to everyone with good credit and now only those with high income by a big margin, and enough income to worry about their credit scores.
Learn how to build a house, and move to where your heart wants to live. Grow your food... let them enjoy their luxurious apartments for 3k to 5k a month. This is a... I don't know what to call it.
Came from a poor family. Built my house in the woods 55 years ago. Now I'm facing $70k in back taxes interest lies fees. Taxes went up faster than income.
Yeah we all feel so sorry for the small landlords... they profited greatly over the last 10 years. Charging outrageous rents and spending their profits. A big boo hoo to those poor bastards.
@@winning3329 you are absolutely ignorant about any facts! If your premise is that all landlords are evil, then yes, you are a narrow minded person that cannot be reasoned with, and your many comments throughout this section shows your bias.
@@winning3329 they have rent control locking down the rent at below inflation. I have a tenant since 70s paying $1200 a month on a 2 bedroom apartment (market rate is $3300) plus cost of maintenance (allowed by law since rent is below market, about $200 a month). I didn't evict her to get a better rent, she finally moved after 40 years to a nursing home due to illness. How is landlord evil? You are the ignorant one here.
Smiling! Hope they lose their homes. It was fun when you were charging 10x property value. Now you have to pay it out of pocket, not so fun. You ruined Our city. Ruined our state, Now it’s fighting back 😁
I feel as much sympathy for the landlords as they would have felt for their tenant telling them they couldn't afford to pay rent for ONE MONTH prior to Covid, which is none at all! Sorry, but business is business. You exploited the rewards of sky-high rent and now you deal with the risk aspect. It will be a good exercise for you :-)
Well, more homeless people on the streets who previously had jobs could lead to desperation, which leads to more crimes, rapes and murders. Pick your poison....
People bought houses on high leverage, to be landlords. Landlord means charging a arm and a leg in bay area. Rents so high for last 2-3 years, I wonder how ordinary folks would pay. I have seen 10-15 people in a single family house, mostly people sharing a house. All horrible things come to an end. So must this craziness. All businesses are shut. No jobs except tech. Yes, now the renters dictate terms and house buyers. It was all sellers market and listing price was just a number and houses would sell for whatever. Finally buyers market seems to be in sight.
That's stupid! Supply and demand! Why do people agree to pay what the lease says and as soon as abusive event happens now they take advantage. You complain of expensive living! You know there's 49 other states in America and a few other territories. You don't have to live in California! Trying to live a life you can't afford, how sad! Then you blame it on other people, how irresponsible and spoiled!
Landlords take risk by paying down payment on expensive property. It’s not the fault of landlords but policy makers who have failed to encourage low income housing.
@@klppdc Govt is never to help the people, but to thrive on their miseries. Landlords did buy those properties to profit off of them and knew of market risks. Currently they are experiencing the market risk. Those who can weather it will survive
Landlords still pay property taxes plus ➕later fees. Keep increasing each year. Water bills. Landscaping. Maintenance. Mortgage. Insurance. .if the house gets fired by tenant falls .then tenant gets free Anthony sue again Landlords. Kitchen sink gets clog. Refrigerator not cold. Stove doesn't work by grease .call landlord.
Exactly, monthly and yearly collected inflated rents. Now a big disaster happens they want to cry? Nope we know those folks took advantage of the housing market now people are taking advantage of them Good.
Housing is a human right. However, landlords have bills to pay too! They have families to support, expenses, property taxes, etc. Whether they own apartments or houses, the bank wants their money!!!! If the landlord does not pay, their credit gets messed up. In addition, the bank can take back those apartments or homes. Nothing in life is free! Rent is not free! Be angry all you want! The government should help pay people immediately with rent or mortgages to avoid eviction. Covid is not the fault of the landlord or the tenant. It is a terrible situation facing everyone involved.
People often forget when you raise taxes prices goes up because guess how much real estate investors make they fit the higher taxes bracket and it gets passed on to us happens every time a new law gets passed rent goes up.
I don't think poor(poor is a mind set, they think poorly) people understand this... They think people that have money are evil. Yet people with money make investments that hire people, give to people. While the poor people, as soon as they get money it's all for themselves. They don't invest, they buy stupid shit like new cars and materialistic and depreciated stuff. But then they call us evil. Yet their the once that are selfish!
They probably will but it won't help them because wherever they go the government shut down is still in effect there. I personally want the assholes who hate California to fucking go and come back but it won't be any easier away from here.
I can’t go from a rental in SF to a rental somewhere else unless there are jobs. I wish I could get the Fk outta SF...been wanting to for years. I was saving for a house in another state, but now I am eating through my savings because the restaurant I managed shut down in April from lack of business - you know, when we were supposed to shutdown for 2 weeks. Well, now it’s been 9 months with no work, no stimulus, no prospects of moving...it’s a lot of fun, I have to say. I am glad, however, that the cure for Cova is poverty. Make Music Great Again! 🐰🇺🇸🎸🎶✌️
@@vipy4309 well that's because landlords we're speculating on the greed so much that they lavished their own lifestyles can't say I blame them but unfortunately if I was a landlord in San Francisco making bank big time I would have saved at least 40 percent of my earnings for such a event like this pandemic.
Everyone calling landlords greedy is just plain silly. You go buy a house in SF for 1.5 million (cheapest) and rent it out for a cheap reasonable price so you wont be a NONGREEDY landlord. Go for it, ill wait. Its a huge investment, huge risk, and people choose to rent them...its not like they have no option and must rent a $5000 a month home. Commute to Tracy, its cheaper.
Lots of the landlords got their houses inherited by their mommies and daddies or they bought the houses years ago when they were actually affordable and also foreigner's with extreme wealth bought many homes so yeah they are greedy. No bank is going to sell a million dollar home to an average Joe so try again.
@@winning3329 Lmao, I'm an adult. You can't make up facts. If you can afford $4000 a month rent, you can afford a million dollar home. SF hasn't been affordable for decades. Yes, people inherite properties from parents but again...PARENTS INVESTMENTS. If they want to give their investment money to their kids, that's their money and their risk being rewarded.
@@terejosh13 Born and raised in the bay. BC I don't live in SF, im BS? MMMMKAY. All landlords got their homes for free and rent them for pure profit and they are evil and should lose their investment properties bc they are all greedy and the devil and some are foreign and more greedy and nothing is fair and im glad the greedy people keeping all hard working people down are now suffering......feel better?
Government should build apartments and give low income families for cost price with 0 % interest rates. This way people live in dignity and family don't end in trouble. This way taxpayers don't keep paying for ever rents for poor people.
I got a good idea for all the landlords around the world never rent to anyone anymore. It's dangerous they'll take your house like it's a home invasion landlords Get Smart
that's disgusting that they would stay in there and be stealing like that and these people don't want to leave that is evil we all have to pay and the law is on the side of the crook. At least give us some stimulus checks so that money starts flowing you made us wait for over 6 months thanks
Shelder is a privilege that we earn, not a right. None of us has a right to anything we need to earn. But I do feel for all involved in these situations. Its an awful thing whats happening to this country.
Why would the government give the renter(dead beat)money to pay small landlord(dead beat), when they could force you out and buy you out with a fraction of the money you invest long ago?
Taking advantage of the system. I know that a lot of people do have the funds to pay rent but choose not to due to the virus. They want an easy way out and have the government to pay. I just witness a lady paying for pizza with her government covid aid card walking away and getting in a new Yukon. They should go after all these people that ask for help when they don’t need it.
Ppppfff thats nothing! I have tenants right now that go to work, I see them first hand. I live in the front unit and I have an ADU I rent out in the back. They go to work, don't pay their rent or utility bills(which utilities are included in the rent) which gets pushed to me, they have a Xmas tree and decoration inside their house with alot! Of gifts under the tree! But, covid affected them so it's illegal to evict them based on only none payment of rent, Insanity!
@@pooky818 yes I see that too. It drives me crazy that the government won’t send out a team to do random investigations on these people. Anyone that is caught doing this should go directly to jail or they should be forced to pay everything back. The only people that should be getting help is the elderly or disabled citizens.. everyone else should be able to get up and work for a living.
"Housing is a human right" is a beautiful mantra that the pro tenant groups love to repeat. And we are the richest country in the world that and should be able to house people. And it embolden unreasonable laws and regulations. What about the mom and pop landlord who has not raised them rents very highly, and has charged reasonable rent. Most of my tenants have stayed with with for a long time. Yet, if I had made a mistake, and rented to somebody gaming the system or legitimately out of a job, I would be stuck. These beautiful stories do not take into consideration the practical realities of buying/managing/paying a mortgage, and paying the huge property taxes.
I deliberately wrote this knowing it would provoke the pro-tenant groups. They do not seek fairness. They seek a one-side solution and would love to see everything public housing by the government. Cabrini Green anyone?
@Rossana Q "their properties must be purchased by the state at a lower price, made decent, and then rented out as low income housing" Instead banks will buy the foreclosed houses. Sell said houses to giant rental groups, who will become your new slumlords.
IAM a homeless man in district 11 and I have no rights here, these property owners are the ones responsible they complain about all the homeless issues but there properties are freaking vacant ,every block in the district,I can afford a studio or a 1bedroom so I don't understand there craziness,it's almost like they want us to die because we might use drugs but they use drugs in there homes and all this talk about killing people, people screaming bloody murder for 4 years now, all this unconstitutional ,unlawful stuff has to end now before I get killed,others get killed or revolution starts....
This is your government who is suppose to help the people and try they can't even come to a decision on anything. Let's just push these old wigs out and start with the woke gen.
Remember that story where a landlord didn’t want to rent a place to a nurse because of possibly getting covid.... betcha you woulda been greatful to have her as a tenant now
![Gunna - HIM ALL ALONG [Official Visualizer]](http://i.ytimg.com/vi/HiCxoDeo0hc/mqdefault.jpg)
landlords and home owners still paying property taxes
Yes, they do. UNless soemone bought a property recently just before the pandemic, they all should be OK if the landlords are long term owners because they made huge amounts of money in the past decade.
Property taxe is not as expensive as rent is so stop your whining.
@@kanank13 you are assuming they have enough cash flow for that. They might have mortgage or they might be retiree living off the rent. This is like assuming tenants made huge amount of money living in rent controlled apartment because they are below market.
@@winning3329 You have no idea what you are talking about. 1.25% of a 1.5M property is what? 3.25% mortgage on a 1.2M mortgage is what? Just because you are poor doesn't mean others aren't too.
Have any of these "Property Owners" researched the financial means that are available for their utilization including Grants, Mortgage Halt FEMA RELIEF, or even Mortage Reimbursement?! Populations combining,
Every one Needs to Stop wasting time and figure out their strategy how we're better prepared, we have to wòrk together, stand,, grow together serving the GREATEST GOOD to spread these hues graciously we've been entangled in an ugly abusive mass rather than just working together through to accomplish a feat (any feat really) My family, My children, 8,11,17, my house guest over holidays, whose turned guard/protector due to the resent infringements of the Property Owner from whom I lease. I have sought assistance to do so recently, I have also sought out tax write offs for the government, that are available to All the people to obtain and utilize.
Look at federal funding for PASSERS BYE, that goes back to them because We ignore and choose not to utilize or consider these funds as handouts!? It is there for you to put it to work and it's ignored. It's there, funding is available. We need to utilize these avenues and work together rather than fight each other....
Especially now, mama's, babies, orphans, pets, families people, community's, being torn apart, failing to work together, fighting and breaking things more...
I have to write a check for property taxes in sf! And all I get is poo, pee, open drug use, looting, rioting, a ticket for no front license plate, and closed businesses everywhere around me!
French laundry for CA governor nuisance
@Jon when you move to Texas don't bring your California ideology and politics into the state of Texas because the people of Texas don't want it remember now when you move to Texas assimilate or the old saying goes When in Rome do like what the Romans do.
@@garyquail2347 amen, don’t bring the same dumb voting mentality that ruined the place you’re coming from as most always do and then wonder why that place also goes to shiet
Yup, it sucks. Im ready to get out too.
@@garyquail2347 TX in return gave us Major Williams CA governor 2022
So what happens when the small landlords can't pay their mortgages and/property taxes and get foreclosed upon? Then you have 2 sets of folks in financial ruin. The state should cut back the amount property taxes, licenses, permits and fees, or do away with them all together during the pandemic.
thats what they want so there rich friends can come buy it all on sale! you think government cares about anyone but millionaires?
We should never be subject to any of those things in the first place. It’s indentured servitude. Statists utopia, everyone needing permission to wipe their own ass and for pretty much everything else. Free country my ass. Thinly veiled dictatorship.
Landlords will evict then is unable to re-rent with unreasonable/unaffordable rent prices. So the units sit empty. The former tenant now has eviction on credit report and is unable to rent a new apartment.
Makes sense to me.
But the cure for Cova is poverty, dude.
Make music great again! 🐰🇺🇸🎸🎶✌️
Not in CA. Evictions are suppressed from one's credit report. Can you believe this b.s.? The only thing landlords can do is to make sure to report to the agencies, the balance due. This will show on a credit report.
you can’t evict if they can prove that their jobs were effected by COVID . lol they just will be in arrears .
@Dillon McCluskey no dude u literally can’t evict them . the judge will throw out your case if the person can prove their jobs or health have been impacted by COVID . lol read the CARES act . sure you can evict ppl that are taking advantage of the moratorium but not the ppl i stated . and yes rent is due , but you will have to collect slow and steady . the only way to get those people out that have been impacted is to not renew their lease next term .
@Dillon McCluskey read the act . rent is still due but you can’t evict once the order is lifted if they can prove they were furloughed or laid off . the judge will throw the case out . u can hope to collect the monies due but that’s a complicated process . u can not renew their lease when it runs out tho.
We are broke as a nation, we are not a rich country.
Landlords that are affected by non rental payments or reduced rental payments should be exempt from paying property tax.
Moratoriums extended 4 times already
And only 1 measly stimulus check
Boy am I glad I sold my small apartment 6 years ago.
I am so happy for you...
Help people around you
Love and peace ✌
I blame the techies for this current situation. They transplanted themselves here, eff it up for locals, and are now ditching the city they eff up. Thanks tech, not.
Yes. Before 2004 I didn't see as much homeless and displaced. Let them fucking work wherever they want, they already sucked the soul out of our city. Those techies get mad when they called out, but look how fucking fast so many of them moved away.
San Francisco will always have a place in my heart.
@@vipy4309 exactly, when I lived there 2008-2018 it just got worse by the day
@@SFbayArea94121 The city is destroyed every single time I pass by downtown I have sadness in my heart. All those people on the street, all those working class folks working two jobs to rent anywhere in the bay area. The whole thing breaks my heart, as someone who seen the highs and lows, This is rock bottom.
I was here before the tech boom, SF was eff up before the techies were here. They actually pushed out the worst of the worst to Vallejo, Stockton, and Richmond (the city, not the district).
Okay but what about the blatantly open corruption, bad policies, and the fact that it's a sanctuary city
Rents should back same as before one bedroom $800 per month. Landlords take advantages and skyrocket rents.
Lmao why is she using a green screen for this interview
They’re worried their property values will collapse.
That's the only wake up call for them, for so long they controlled the rents and pushed them to the moon. Now let's see when techies the folks who came with thousands of dollars to spend don't need to be in the bay area anymore for work.
Techies ruined the real estate market. Before they all moved in, I didn't see as much homeless as we have now.
@@vipy4309 before the techies ruined the market it was the yuppies that escalated the market before the techies in the 90s!!
@@garyquail2347 yuppies didn't displace thousands that's all I'll say. Everyone could at least afford a room to sleep in in the 90s. Now a room in the city is a luxury.
I temporarily live in Alabama for work in construction and there is a pharmacy payment platform, (HealNow) moving its headquarters from NYC to Birmingham I could not believe it
So many people commenting on here that have no understanding of economics. Think about it this way: society decides that homelessness is wrong and in order to solve it - they force all the people in a specific neighborhood (and ONLY that neighborhood) to take in 5 homeless people - no compensation, no choice. I don't think very many of you would think that is fair.
I am all for universal healthcare and universal shelter. Individual groups should not be forced to carry the financial burden for implementing broad government policy. ALL citizens should contribute if society decides it should be so.
Punishing Uber, landlords or any other group by forcing them to pick up society's tab is hardly appropriate. If you think healthcare is a right - tell your elected representative you are ready to chip in. Same thing for rent control, eviction moratoriums, etc.
You want to fight a war ? Send the poor kids and minorities... keep the educated and rich ones at home. NOT ! Same principle guys.
what?
@@terejosh13 yeah this guy took a bump of coke before he wrote that 😂.
Get Rid of All the Politicians Like Pelosi and Her Nephew Gavin Newsom Governor and Senator Fienstien and Eric Swollswell
DieAnn ShietStain
I’m glad I’m no longer a landlord!
Can we just sue Gavin newsome.
On top of all this, more harsh legislation is being imposed on all landlords. Honestly, who would want to continue being a landlord? It is too risky and very little return on investment.
You get what you voted for. Pelosi say she want relief bill but what happened to that iron grip hold on the house?
It's stuck in the senate, Mccullen doesn't care.
You need the senate duh
San Francisco sold its soul for 👩💻 techie 👨💻 techies, now they left high and dry! It’s circle of life
You are absolutely right. And the techies were the first to leave when s%^& hit the fan. Hopefully SF goes back to its Bohemian roots after we shake off the damage.
This is not due to techies but rich one percenters like the governor Newsom and Trump. America is an oligarchy now. There is no leader of the people. Both parties have rich billionaires running for president.
@@klppdc u must not see the thing exponential rent and home prices in last 7 years. Also related to the tax break for tech companies. Ur average techie will make over 200,000 yearly + stocks. The truth is they are leaving for greener pasture
.
Can’t blame them . Landlords gotta take the hit like the took profits
@@Fitbyyah Well said.
2020 is a big clusterf%ck....and everything is going downhill right in the beginning of a cold winter 🙏🙏🙏
I'm buying my family a house! Stop renting people! Buy your family a home! No more moving your children from place to place! I put my kids through this too, and although I'm a great mom, that still hurt them to be moved around. They lost friends and stability.
The landlords were excellent when they were charging $4000. for years for a very old and rundown 450sqf, now they are saying it is not fair. Give me a break, poor you guys.
You clearly have no understanding about the profit margin in real estate investment. Assuming your landlord lives next to you, he/she has to pay 90%-95%of why you pay to live there. All the rest of the money goes to mortgage, tax, insurance, all utilities bills and repair cost. Small landlords have the smalls profit margin, they can easily run into deficit from year to year. That's why less private individual invest in RE, and more REIT dominate the industry, and also why you're paying higher rent.
@@tingli9823 lol the bay area is way to inflated sure you have to pay fees they still charge an arm and a leg for barley anything when you can get house in Florida or anywhere else for a decent price
@@tingli9823 not gonna lie I would love to be a landlord I see both my parents bust their asses to live here in san jose landlords have it so easy . My landlord doesn't do shit my shower doesn't work half the time theirs rats ,possums , raccoons it's insane I wanna bitch slap his old ass
@@Copilot1204 I totally agree with you that in the position to collect rent is better than paying rent. But you have to save up hundreds of thousands of dollars for the down payment first. That need hard work and spending discipline for a long time. But if you look at the trend nationally, RE investment has become so tough for small landlords, stressful with small margin. More and more landlords are cashing out. I am getting out too. It's not worth the struggle, and people hate you for hardworking and successful.
@@tingli9823 yeah I'm not saying to get out but if I were in your position I would stay. People will always be upset with the more prosperous I just wish landlords cared more.
I hope this goes through and freeloaders get evicted
Ok greedy landlord
@@winning3329 can't pay you're out. Simple
I wouldn't go that far. Depends on the tenants. Those still have full time jobs for the same income (stock depreciation doesn't count) should still pay. If they use this as an excuse to not pay rent and live free I'd sure as heck evict him. If it is someone in trouble and can pay back later I'd say give them a break.
@@winning3329 😁😁
I understand that investors need to make money to keep up their quality of lifestyle. These whining Landlords have made tons of money in the last decade with sky high rents and I am sure they could negotiate with their tenants and come to some kind of deal. Nothing is free and should never be free. But then people need to realize that humanity is more important than money,money,money. There is no question that some landlords rely on the rent and pay their mortgages etc..Landlords need to realize that this vacancy rate may be a permanent thing in the future as companies have decided to let their employees work from home. Eviction is an inhumane thing to do esp at times like this.
Go live in a communist country
Housing is a human right
I'm surprised with all that money they got from rents they themselves couldn't save money for a rainy day.
@@vipy4309 What is a mortgage? What is property tax?
You do realize that the vast majority of private rentals are rented out by people who don't actually own the property they are renting out?
I REMEMBER FULL HOUSE
NOW THEY HAVE DESTROYED WHOLESOME FAMILY VALUES.
I AM SO GLAD I LEFT 2017 I SMILE NOW.
If The Department of Public Housing would get their act together and pay landlords on time and not have such red tape and an understaffed problem then the stigma of landlords accepting people with vouchers would subside. I have worked in leasing in San Francisco for years and this is the biggest obstacle since homelessness has been around prior to Covid-19. As well, if people can automatically qualify for MediCal when they fall below an income threshold then why cant people who lost income to pay rent and I am not talking about unemployment in that regards since you get a percentage in unemployment benefits compared to a regular wage. I do see a solution for landlords and this is it and why its not being applied immediately is the real problem aside from this pandemic.
Who will they rent to if all the applicants have an eviction on their record .work with these people, lower the damn rent .Take small payments try to help,or your buildings will be empty and you all will be broke .Bankruptcy bound
WELL FUCKING SAID! it needs to be community working together. But instead we are all losing and renters are really losing their homes with kids at risk.
2:30 “there’s something wrong with the system as a whole” - says landlord’s representative. Yet, when there was “something wrong with the system” and landlords doubled rents, ellis-acted teachers and 90yo grandmas, just to attract techies - landlords were ok with that “wrong system!” It’s only now when they suddenly are on the other side they started crying out loud!! FU! Wolves tears
Have any of these "Property Owners" researched the financial means that are available for their utilization including Grants, Mortgage Halt FEMA RELIEF, or even Mortage Reimbursement?! Populations combining,
Every one Needs to Stop wasting time and figure out their strategy how we're better prepared, we have to wòrk together, stand,, grow together serving the GREATEST GOOD to spread these hues graciously we've been entangled in an ugly abusive mass rather than just working together through to accomplish a feat (any feat really) My family, My children, 8,11,17, my house guest over holidays, whose turned guard/protector due to the resent infringements of the Property Owner from whom I lease. I have sought assistance to do so recently, I have also sought out tax write offs for the government, that are available to All the people to obtain and utilize.
Look at federal funding for PASSERS BYE, that goes back to them because We ignore and choose not to utilize or consider these funds as handouts!? It is there for you to put it to work and it's ignored. It's there, funding is available. We need to utilize these avenues and work together rather than fight each other....
Especially now, mama's, babies, orphans, pets, families people, community's, being torn apart, failing to work together, fighting and breaking things more...
Rent moratorium in place for all of 2021 is my opinion. Hopefully Landlords will get some compensation from all this stimulous and more on the way.
Best way to circumvent rent control is eviction... show me the incentive and I'll show you the outcome
10k plus for an eviction? Oh please...
An eviction is between $700 to $1500 landlords are so dishonest
Yes, that’s how much it cost! Even if a just cause is there, then still landlords ought to pay any Tennant to pay moving costs, and in addition the lawyer fees. Been there done that, and yes, former small landlord, who will never go back into this mess again. Tenants have way too many rights.... but I’m sure someone will disagree
@@JW-mx3qg I don’t disagree with your sentiment with tenants having more rights without owning the property they occupy.
Wait a minute, housing is a right? You have the right to live where you can afford - period! What about empty hotels? How about placing people who cannot afford to pay their rent in all of the empty hotels? C-R-I-C-K-E-T-S! I am not a landlord but will someone logically explain to me why landlords are on the hook for your living expenses? Landlords have to pay Mortgages, insurance, taxes, water, trash, and maintenance. Lastly, extending the Moratorium until January 2022 in California is just criminal!!!
Awe poor landlords. Years of charging 300% more than what the housing is worth. Now there crying? They should have saved there profits for a rainy day.
The problem is self control. You can't afford to leave in the bay,move. Simple.
Hey, I'm a small landlord....I'm 5'6"!
🤣
You made me laugh mother flower 🌼
This is what the USA is about to look like under the far left. No more tax breaks . No more bailouts . Time to pay up or get out. You agreed to the contract . You voted for the people that drove the prices out the roof. Now be an adult and fulfill your financial obligation with out other taxpayers bailing you out.
landlords and Tenants will lose..... Its a fair exchange
Pretty much, big government could've done something about this before pandemic peaks but they would rather go eat fancy dinners, and have photoshoots.
Wallstreet win by buying all the properties and then evict all the tenant in 2021.
Recall Newsom
Why?
@@user-rm7xg7fi4g mmmmm. So we can reopen for starters
Capitalism requires a reset every 10-12 years. That’s why it’s not sufficient. This is what happens when we allow rents to require people
To make $15,000 a month to get a 1 bedroom.
Yep, in their greed, they fucked themself on this one. They pushed out stable long term residents for well heeled transient people that could easily pick up and move elsewhere.
The reason why capitalism is not working in places like SF is because politicians interfere with market forces. NiMBYs, rent control, lawsuits to block development, overzealous tenant right.
And landlords better be careful , people like to get even .
We have several small landlords, 20 units or less who are selling their problem properties for full cash offers from the huge corporations. They know it’s the only way out for them. The big corporations have the legal teams and money to get the non paying tenants out the minute they can.
The people they hurt without doing anything is the landlords will be picky about who they rent to: those with dual high income. The vulnerable ones will not be able to find anyone trusting them even with good credit and semi-stable jobs. I know a lot of mom and pop retiree landlords are doing that now. They used to rent to everyone with good credit and now only those with high income by a big margin, and enough income to worry about their credit scores.
Merry Christmas America
Learn how to build a house, and move to where your heart wants to live. Grow your food... let them enjoy their luxurious apartments for 3k to 5k a month. This is a... I don't know what to call it.
Came from a poor family. Built my house in the woods 55 years ago. Now I'm facing $70k in back taxes interest lies fees. Taxes went up faster than income.
Yeah we all feel so sorry for the small landlords... they profited greatly over the last 10 years. Charging outrageous rents and spending their profits. A big boo hoo to those poor bastards.
Stay homeless orders.
In San francisco, everyone is a crook
Especially the landlord's
That’s just American homeboy
@@winning3329 you are absolutely ignorant about any facts! If your premise is that all landlords are evil, then yes, you are a narrow minded person that cannot be reasoned with, and your many comments throughout this section shows your bias.
@@winning3329 they have rent control locking down the rent at below inflation. I have a tenant since 70s paying $1200 a month on a 2 bedroom apartment (market rate is $3300) plus cost of maintenance (allowed by law since rent is below market, about $200 a month). I didn't evict her to get a better rent, she finally moved after 40 years to a nursing home due to illness. How is landlord evil? You are the ignorant one here.
@@JW-mx3qg my mom is a landlord and she's pretty evil
How much is the rent?
We need landlords they need money also
Smiling! Hope they lose their homes. It was fun when you were charging 10x property value. Now you have to pay it out of pocket, not so fun. You ruined Our city. Ruined our state, Now it’s fighting back 😁
Where have they drop the price 50%
I feel as much sympathy for the landlords as they would have felt for their tenant telling them they couldn't afford to pay rent for ONE MONTH prior to Covid, which is none at all! Sorry, but business is business. You exploited the rewards of sky-high rent and now you deal with the risk aspect. It will be a good exercise for you :-)
That's the most ignorant thing I have heard...
@@pooky818 Awww boo hoo, go cry and have some milk
bay area is going to collapse under it's own weight
sure what dimension do you live in?
@@terejosh13 reality
Yup, the greed and self obsession of pushing out the old has created a gap that will be there forever.
The government needs to print more money 💴
Time to evict.
And of property owners can't pay for thier property taxes or mortgages, time to take away thier property.
Wait until taxes come due .
But the eviction is inevitable. The tenants are not paying the rent and it will only get worse.
Well, more homeless people on the streets who previously had jobs could lead to desperation, which leads to more crimes, rapes and murders. Pick your poison....
People bought houses on high leverage, to be landlords. Landlord means charging a arm and a leg in bay area. Rents so high for last 2-3 years, I wonder how ordinary folks would pay. I have seen 10-15 people in a single family house, mostly people sharing a house. All horrible things come to an end. So must this craziness. All businesses are shut. No jobs except tech. Yes, now the renters dictate terms and house buyers. It was all sellers market and listing price was just a number and houses would sell for whatever. Finally buyers market seems to be in sight.
That's stupid! Supply and demand! Why do people agree to pay what the lease says and as soon as abusive event happens now they take advantage.
You complain of expensive living! You know there's 49 other states in America and a few other territories. You don't have to live in California! Trying to live a life you can't afford, how sad! Then you blame it on other people, how irresponsible and spoiled!
@@pooky818 have you heard of mafia? Despite housing shortage, companies allowed to hire in thousands?
Landlords take risk by paying down payment on expensive property. It’s not the fault of landlords but policy makers who have failed to encourage low income housing.
@@klppdc Govt is never to help the people, but to thrive on their miseries. Landlords did buy those properties to profit off of them and knew of market risks. Currently they are experiencing the market risk. Those who can weather it will survive
Y’all should call the number in the thumbnail
Landlords still pay property taxes plus ➕later fees. Keep increasing each year. Water bills. Landscaping. Maintenance. Mortgage. Insurance. .if the house gets fired by tenant falls .then tenant gets free Anthony sue again Landlords. Kitchen sink gets clog. Refrigerator not cold. Stove doesn't work by grease .call landlord.
The cure for Cova is poverty!
Make Music Great Again! 🐰🇺🇸🎸🎶✌️
NO worries!!! landlords got $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ they didn't complain collecting $4k - 6k rentals
Exactly, monthly and yearly collected inflated rents. Now a big disaster happens they want to cry? Nope we know those folks took advantage of the housing market now people are taking advantage of them Good.
I'm the one the Bay Area plotted on to be the enemy.
I bet these landlords wish they went ahead and accepted Section 8 now.
Housing is a human right. However, landlords have bills to pay too! They have families to support, expenses, property taxes, etc. Whether they own apartments or houses, the bank wants their money!!!! If the landlord does not pay, their credit gets messed up. In addition, the bank can take back those apartments or homes. Nothing in life is free! Rent is not free! Be angry all you want!
The government should help pay people immediately with rent or mortgages to avoid eviction. Covid is not the fault of the landlord or the tenant. It is a terrible situation facing everyone involved.
People often forget when you raise taxes prices goes up because guess how much real estate investors make they fit the higher taxes bracket and it gets passed on to us happens every time a new law gets passed rent goes up.
I don't think poor(poor is a mind set, they think poorly) people understand this... They think people that have money are evil. Yet people with money make investments that hire people, give to people. While the poor people, as soon as they get money it's all for themselves. They don't invest, they buy stupid shit like new cars and materialistic and depreciated stuff. But then they call us evil. Yet their the once that are selfish!
Maybe it's time for them to leave SF
They probably will but it won't help them because wherever they go the government shut down is still in effect there. I personally want the assholes who hate California to fucking go and come back but it won't be any easier away from here.
I can’t go from a rental in SF to a rental somewhere else unless there are jobs. I wish I could get the Fk outta SF...been wanting to for years. I was saving for a house in another state, but now I am eating through my savings because the restaurant I managed shut down in April from lack of business - you know, when we were supposed to shutdown for 2 weeks. Well, now it’s been 9 months with no work, no stimulus, no prospects of moving...it’s a lot of fun, I have to say. I am glad, however, that the cure for Cova is poverty.
Make Music Great Again! 🐰🇺🇸🎸🎶✌️
The only thing missing from this report is the tiny violin playing for the poor landlord down on his luck in a pandemic
With the rent hikes that went up every year, I'm surprised None of these land lords have been saving for something like this.
@@vipy4309 well that's because landlords we're speculating on the greed so much that they lavished their own lifestyles can't say I blame them but unfortunately if I was a landlord in San Francisco making bank big time I would have saved at least 40 percent of my earnings for such a event like this pandemic.
@@garyquail2347 they have always talked about the bubble bursting, don't know why they still act surprised.
@epigmelo Tenants buying buildings eventually become landlords themselves.
Can you really blame the landlords if their property tax goes up? My buddy property tax is damn near $13K
Lawmakers are behind the investors
thats what happens with you buy a house with debt... should have paid cash for it and you wouldn't have this problem.
Iq 20
@@janielunday5012 Hunter Biden has that
@@TwinSister1957 been waiting long to use that huh? You’re a clown 🤣🤣🤣
What are you a Foreigner or something.
Even small landlords have been charging $4000 for a shack for years and they are claiming to be broke??? They need to be audited
Everyone calling landlords greedy is just plain silly. You go buy a house in SF for 1.5 million (cheapest) and rent it out for a cheap reasonable price so you wont be a NONGREEDY landlord. Go for it, ill wait.
Its a huge investment, huge risk, and people choose to rent them...its not like they have no option and must rent a $5000 a month home. Commute to Tracy, its cheaper.
Lots of the landlords got their houses inherited by their mommies and daddies or they bought the houses years ago when they were actually affordable and also foreigner's with extreme wealth bought many homes so yeah they are greedy.
No bank is going to sell a million dollar home to an average Joe so try again.
@@winning3329 Lmao, I'm an adult. You can't make up facts. If you can afford $4000 a month rent, you can afford a million dollar home. SF hasn't been affordable for decades. Yes, people inherite properties from parents but again...PARENTS INVESTMENTS. If they want to give their investment money to their kids, that's their money and their risk being rewarded.
@@BSTREEEEEET where you from your not from SF your not that knowledgeable about a place you don't rest your head. I call BS
@@terejosh13 Born and raised in the bay. BC I don't live in SF, im BS? MMMMKAY.
All landlords got their homes for free and rent them for pure profit and they are evil and should lose their investment properties bc they are all greedy and the devil and some are foreign and more greedy and nothing is fair and im glad the greedy people keeping all hard working people down are now suffering......feel better?
San Francisco problems are getting boring. How do you care about a city with no hope and no future? I could give the city advice. They won't take it.
Government should build apartments and give low income families for cost price with 0 % interest rates. This way people live in dignity and family don't end in trouble. This way taxpayers don't keep paying for ever rents for poor people.
The fact is that would not help in most part, people will just spend more & be stuck in the same situation.
It’s a NATURAL DISASTER that is causing the lack of income gosh why is that confusing to anyone
I got a good idea for all the landlords around the world never rent to anyone anymore. It's dangerous they'll take your house like it's a home invasion landlords Get Smart
Just Texting With A Friend on California St and Larken
Are we the richest country in the world? I thought we were broke!
that's disgusting that they would stay in there and be stealing like that and these people don't want to leave that is evil we all have to pay and the law is on the side of the crook. At least give us some stimulus checks so that money starts flowing you made us wait for over 6 months thanks
Shelder is a privilege that we earn, not a right. None of us has a right to anything we need to earn. But I do feel for all involved in these situations. Its an awful thing whats happening to this country.
No one will help them they were used
Why would the government give the renter(dead beat)money to pay small landlord(dead beat), when they could force you out and buy you out with a fraction of the money you invest long ago?
Did she say January 2022? dude California is fucking crazy
Taking advantage of the system. I know that a lot of people do have the funds to pay rent but choose not to due to the virus. They want an easy way out and have the government to pay. I just witness a lady paying for pizza with her government covid aid card walking away and getting in a new Yukon. They should go after all these people that ask for help when they don’t need it.
Ppppfff thats nothing! I have tenants right now that go to work, I see them first hand. I live in the front unit and I have an ADU I rent out in the back.
They go to work, don't pay their rent or utility bills(which utilities are included in the rent) which gets pushed to me, they have a Xmas tree and decoration inside their house with alot! Of gifts under the tree!
But, covid affected them so it's illegal to evict them based on only none payment of rent, Insanity!
@@pooky818 yes I see that too. It drives me crazy that the government won’t send out a team to do random investigations on these people. Anyone that is caught doing this should go directly to jail or they should be forced to pay everything back. The only people that should be getting help is the elderly or disabled citizens.. everyone else should be able to get up and work for a living.
Are you mad what if she had that car before she got the assistance dumb ass to busy pocket watching
You don’t know anyone struggle unless you been there. She isn’t allowed to buy a pizza without someone watching her every move? Get out.
Burn down Pelosi mansion! Kick Newsome out!
Can't wait
No more Handouts. Kick em out
Thank your governor, gavin Newsom
report on the destruction of democracy
Too many people in the Bay Area the end of it
"Housing is a human right" is a beautiful mantra that the pro tenant groups love to repeat. And we are the richest country in the world that and should be able to house people. And it embolden unreasonable laws and regulations. What about the mom and pop landlord who has not raised them rents very highly, and has charged reasonable rent. Most of my tenants have stayed with with for a long time. Yet, if I had made a mistake, and rented to somebody gaming the system or legitimately out of a job, I would be stuck. These beautiful stories do not take into consideration the practical realities of buying/managing/paying a mortgage, and paying the huge property taxes.
Then sell your properties if you can't afford them but I know you probably won't because you are profiting from them.
I deliberately wrote this knowing it would provoke the pro-tenant groups. They do not seek fairness. They seek a one-side solution and would love to see everything public housing by the government. Cabrini Green anyone?
@Rossana Q "their properties must be purchased by the state at a lower price, made decent, and then rented out as low income housing"
Instead banks will buy the foreclosed houses. Sell said houses to giant rental groups, who will become your new slumlords.
IAM a homeless man in district 11 and I have no rights here, these property owners are the ones responsible they complain about all the homeless issues but there properties are freaking vacant ,every block in the district,I can afford a studio or a 1bedroom so I don't understand there craziness,it's almost like they want us to die because we might use drugs but they use drugs in there homes and all this talk about killing people, people screaming bloody murder for 4 years now, all this unconstitutional ,unlawful stuff has to end now before I get killed,others get killed or revolution starts....
The landlords should just sell their property... problem solved right?!
are we the richest country in the world? that's if we can sell our debt.
This is your government who is suppose to help the people and try they can't even come to a decision on anything. Let's just push these old wigs out and start with the woke gen.
Ha ha! Sorry, but CA rule is: Landlords bad, renters good.
Title sounds kinda sleezy
Voucher for tenants to pay rent is a good solution . Everybody will be happy .
Remember that story where a landlord didn’t want to rent a place to a nurse because of possibly getting covid.... betcha you woulda been greatful to have her as a tenant now