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(KING 5 News)   City of Seattle, following guidance from the Governor's office and the CDC, extends eviction moratorium through the end of 2020. Area landlords respond exactly how you'd think landlords would respond   (king5.com) divider line
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6408 clicks; posted to Main » and Politics » on 06 Sep 2020 at 5:05 AM (19 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-09-05 11:28:18 PM  
All can be true:

1. Eviction moratoriums are good and needed right now.
2. Landlords are right to be concerned that they're not receiving much assistance with their typical tax/fee/insurance burdens when no rent is coming in
3. Suing everyone you can think of isn't going to make anyone more sympathetic to your plight
 
2020-09-05 11:55:55 PM  
The banks still get paid, right?
 
2020-09-05 11:57:10 PM  

Tanqueray: The banks still get paid, right?


They shouldn't
 
2020-09-06 12:02:32 AM  
The order will be lifted on Nov 4th when Trump loses in the general.
 
2020-09-06 12:12:58 AM  

dr_blasto: Tanqueray: The banks still get paid, right?

They shouldn't


They will find a way.
 
2020-09-06 12:58:48 AM  
People who don't work and make money by people giving it to them are pissed?
 
2020-09-06 1:12:55 AM  

cretinbob: People who don't work and make money by people giving it to them are pissed?


Wall Street would complain if we suddenly decided rent seeking wasn't work.
 
2020-09-06 1:21:49 AM  

cretinbob: People who don't work and make money by people giving it to them are pissed?


...hey, it's how Trump made his billions millions...
 
2020-09-06 5:13:34 AM  
Oh hi, rent-seekers! It appears you have enough money to hire lawyers to sue for your right to evict renters. Might I suggest a business model where you work with your current tenants to get the bills paid?

It turns out that rent doesn't always go up...especially during a pandemic. Crazy crazy stuff, I know
 
2020-09-06 5:23:46 AM  
Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.
 
2020-09-06 5:31:42 AM  

Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.


It really sounds like somebody is going to have to hurt. This is a bad situation and it's going to continue to be bad for years to come. Our only option is to rip the bandaid off and suffer through the pain.

However, we can maneuver around this problem by mitigating the suffering.
We could either
1: Force everyone out of their homes
2: Force landlords to give up their property for back taxes or forclosure
or
3: Let a multinational conglomerate bank take a major loss to their investments.

I choose 3 of course.
 
2020-09-06 5:38:32 AM  
I'd be pissed to , all the running costs with none of the income .
 
2020-09-06 5:51:53 AM  

Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.


You are a landlord?
According to many here on Fark, you are scum, heartless and getting money for not doing anything.
 
2020-09-06 5:57:42 AM  
Deciding to become a landlord is a financial decision that bears some risk.  I am involved in the real estate market tangentially, and the same additional paperwork and explanations in terms of loan amounts to insurable interest are things I automatically send now, just like I had been doing in 2006, 2007, 2008.  The idea that in the last 12 years landlords thought they were invulnerable again, I don't understand.  We have seen this in the fairly recent past.

I am not willing to publicize losses for people who were trying to privatize gains again.  You are on you own rent seeking folks.
 
2020-09-06 5:58:55 AM  

Resident Muslim: Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.

You are a landlord?
According to many here on Fark, you are scum, heartless and getting money for not doing anything.


That's a weird way of admitting you're delusional.
 
2020-09-06 6:01:34 AM  

Resident Muslim: Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.

You are a landlord?
According to many here on Fark, you are scum, heartless and getting money for not doing anything.


Don't forget he also eats his caviar from a gold plated spoon in his Rolls.
 
2020-09-06 6:04:48 AM  
FTFA Larger corporations are exempt.  It only applies to small businesses, individuals and non-profits.

Oh, but Democrats care about the small people and are not completely owned tools of big money.
 
2020-09-06 6:21:09 AM  
"I told our tenants 'FARK YOU, PAY ME!' and I even have that in writing. What's so hard to understand, Mr. Governor?"

It seems our country is widely populated by movie villains.
 
kab [TotalFark]
2020-09-06 6:41:34 AM  

dr_blasto: Tanqueray: The banks still get paid, right?

They shouldn't


bingo
 
2020-09-06 6:49:43 AM  
Housing  is a human right.  The government should compensate the landlords by taking the properties through imminent domain and compensating the landlords.  After the emergency we could consider if we wanted to continue with nationalized housing or turn the properties over to the renters.
 
2020-09-06 6:53:18 AM  
I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.
 
2020-09-06 7:02:04 AM  

JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.


Some of these landlords are farkin' obstinate as mules.  There are business properties in my city that have remained vacant for years because no tenant in his right mind would pay the price the landlord wants to charge, and the owners just stubbornly bleat about why they have to keep paying taxes and insurance on the vacant property.

Some people just have cement brains.
 
2020-09-06 7:10:26 AM  
Are the hackers asleep at the wheel?
We've already asked you erase folks mortgages, student loans, and credit balances..

Well.. get on it.. we're waiting...
 
2020-09-06 7:12:22 AM  

Resident Muslim: Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.

You are a landlord?
According to many here on Fark, you are scum, heartless and getting money for not doing anything.


I had forgotten farks hate boner for this sort of thing...
 
2020-09-06 7:23:21 AM  

MegaLib: Housing  is a human right.  The government should compensate the landlords by taking the properties through imminent domain and compensating the landlords. After the emergency we could consider if we wanted to continue with nationalized housing or turn the properties over to the renters.


I'm sure the Commissar will give them a fair price .
 
2020-09-06 7:24:30 AM  

JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.


It's faith in Darwinism. By being unable to successfully provide themselves imagination and resources to pull themselves up adaptively with say magical  boot straps or a skyhook, the failing tenants have proved they're not fit to survive but are, rather, losers. They must be expunged and expunging them is the first step towards making a landlord fittest. Simple as that. The cycle will likely repeat with the landlord clawing at the sky while a bank process, now untenable for the landlord, comes along to demonstrate their lack of fitness to task.  The banks will have no choice but to do what they can to exercise their own evolutionary advantage, until at the brink of their collapse they go to their minions at the fed and threaten them and everything of worth and value and possibility will be thrown into a chest they can take with them and load into a rocket into space and towards new better opportunity, leaving behind a fetid ooze of decay that will, after several million years become again primordial.  It's the only way.
 
2020-09-06 7:28:49 AM  

JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.


The whole situation blows.

That said, owning a rental is hell. No one cares about damages. I personally wouldnt want the risk of property damage with 0 income to offset that risk. Id personally rather pay the expenses of the property with no tenants, than pay all the expenses of the property with tenants and having that added risk.
 
2020-09-06 7:30:34 AM  

Tanqueray: The banks still get paid, right?


And the government still demands their property taxes.
 
2020-09-06 7:31:33 AM  
I don't have a dog in this hunt (neither landlord nor renter), but I am curious. Does the moratorium apply to ALL evictions, or just evictions for non-payment? It seems like it would really suck not being able to evict for other causes like criminal activity, destructiveness, etc.
 
2020-09-06 7:32:46 AM  

JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.


Lots (most?) of the people who aren't paying rent aren't ever going to pay.  They'll be there for however long they are getting free rent, and when the government quite protecting them, and suddenly they owe back rent for all that time, they won't be writing checks to get caught up, they'll be packing their shiat and moving out.
 
2020-09-06 7:33:14 AM  
Dedmon:
3: Let a multinational conglomerate bank take a major loss to their investments.

I choose 3 of course.


The problem with that is that given the way things have gone this year, said Multinational Conglomerate Bank will be the one that goes under from the loss, starting a major financial disaster.

I agree - absolutely, something needs to be done, and an eviction moratorium is part of it.  But with no action being taken on property taxes and mortgage payments  (and, while we're talking about it, the ability to make repairs and do maintenance work with no money coming in) then this is just going to get much, much worse once it hits the wall.

/Not talking about corporate landlords, BTW, talking about small landlords
 
2020-09-06 7:39:49 AM  
Good. I wish the landlords well. It's an unlawful taking on the government's part.
 
2020-09-06 7:40:42 AM  

Day_Old_Dutchie: JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.

Some of these landlords are farkin' obstinate as mules.  There are business properties in my city that have remained vacant for years because no tenant in his right mind would pay the price the landlord wants to charge, and the owners just stubbornly bleat about why they have to keep paying taxes and insurance on the vacant property.

Some people just have cement brains.


Yep! My favorite liquor store went out of business because the lease expired and the new proposed rent was way up. The store owner told me he couldn't make a profit that way and said fark it.

That was three years ago. Now nobody is paying $0 per month on the unoccupied real estate. This is totally stupid from a capitalist viewpoint, but the real tragedy is that it was my favorite liquor store.
 
2020-09-06 7:53:45 AM  

ComaToast: Day_Old_Dutchie: JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.

Some of these landlords are farkin' obstinate as mules.  There are business properties in my city that have remained vacant for years because no tenant in his right mind would pay the price the landlord wants to charge, and the owners just stubbornly bleat about why they have to keep paying taxes and insurance on the vacant property.

Some people just have cement brains.

Yep! My favorite liquor store went out of business because the lease expired and the new proposed rent was way up. The store owner told me he couldn't make a profit that way and said fark it.

That was three years ago. Now nobody is paying $0 per month on the unoccupied real estate. This is totally stupid from a capitalist viewpoint, but the real tragedy is that it was my favorite liquor store.


Honestly, one of the biggest drivers of this is ultra low rates and access to cheap money. Since there is no yield on bonds, people are bidding up other asset prices through the nose, in search of yield. Everything from homes to metals to collectibles are getting bid. It'll only get much much worse from here as there is 0 chance rates are allowed to raise. Also will cause wealth inequality to get blown out even further/faster than ever before.
 
2020-09-06 7:56:38 AM  

JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.


An empty unit is cheaper than a unit with a non-paying tenant.  This is especially true when that nonpaying tenant is also destructive.
 
2020-09-06 8:00:07 AM  

Dedmon: Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.

It really sounds like somebody is going to have to hurt. This is a bad situation and it's going to continue to be bad for years to come. Our only option is to rip the bandaid off and suffer through the pain.

However, we can maneuver around this problem by mitigating the suffering.
We could either
1: Force everyone out of their homes
2: Force landlords to give up their property for back taxes or forclosure
or
3: Let a multinational conglomerate bank take a major loss to their investments.

I choose 3 of course.


No one has to lose.  That's the problem is that we can't seem to see a world where there doesn't have to be losers.  The whole rent/mortgage/loan payments thing should have been put on pause.  No incurred interest, no penalties.  Just stop it all for 12-18 months.  Give everyone money to buy food and healthcare.  Then when it is safe, open everything up again, people will basically be able to go back to work, no one would have lost everything and people and business won't be in a huge debt incurred just to survive.  That's how you jump start the economy, but shutting it down properly.  We can afford it, honestly we can't afford not to do it, but those in power would rather the economy crash than help everyone.  The crash will make those with the real money even richer and more powerful.
 
2020-09-06 8:02:15 AM  

webron: Dedmon: Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.

It really sounds like somebody is going to have to hurt. This is a bad situation and it's going to continue to be bad for years to come. Our only option is to rip the bandaid off and suffer through the pain.

However, we can maneuver around this problem by mitigating the suffering.
We could either
1: Force everyone out of their homes
2: Force landlords to give up their property for back taxes or forclosure
or
3: Let a multinational conglomerate bank take a major loss to their investments.

I choose 3 of course.

No one has to lose.  That's the problem is that we can't seem to see a world where there doesn't have to be losers.  The whole rent/mortgage/loan payments thing should have been put on pause.  No incurred interest, no penalties.  Just stop it all for 12-18 months.  Give everyone money to buy food and healthcare.  Then when it is safe, open everything up again, people will basically be able to go back to work, no one would have lost everything and people and business won't be in a huge debt incurred just to survive.  That's how you jump start the economy, but shutting it down properly.  We can afford it, honestly we can't afford not to do it, but those in power would rather the economy crash than help everyone.  The crash will make those with the real money even richer and more powerful.


If mortgages aren't paid, banks/rich people who are invested in mortgages ("securities") lose.
Someone always loses. The question is simply if it should be the 6 year old who might be homeless and without enough food to eat, or the multinational corporation.
 
2020-09-06 8:02:56 AM  

IlGreven: cretinbob: People who don't work and make money by people giving it to them are pissed?

...hey, it's how Trump made his billions millions...


Rubles.
 
2020-09-06 8:05:22 AM  

ComaToast: Day_Old_Dutchie: JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.

Some of these landlords are farkin' obstinate as mules.  There are business properties in my city that have remained vacant for years because no tenant in his right mind would pay the price the landlord wants to charge, and the owners just stubbornly bleat about why they have to keep paying taxes and insurance on the vacant property.

Some people just have cement brains.

Yep! My favorite liquor store went out of business because the lease expired and the new proposed rent was way up. The store owner told me he couldn't make a profit that way and said fark it.

That was three years ago. Now nobody is paying $0 per month on the unoccupied real estate. This is totally stupid from a capitalist viewpoint, but the real tragedy is that it was my favorite liquor store.


Three years ago, the landlord learned about supply and demand.
 
2020-09-06 8:05:33 AM  

IlGreven: cretinbob: People who don't work and make money by people giving it to them are pissed?

...hey, it's how Trump made his billions millions...


Correction. His dad made it.
 
2020-09-06 8:10:51 AM  

IndyJohn: JerkStore: I keep wondering why they're so eager to evict? It's not like a bunch of other people are beating on the door wanting to move in. I'm not a landlord but it seems that I would rather have someone there who will eventually start paying or who is partially paying rent, rather than having it all sit empty and decaying waiting for someone who may never show up.

An empty unit is cheaper than a unit with a non-paying tenant.  This is especially true when that nonpaying tenant is also destructive.


Quick question, did they suddenly become "destructive" when they stopped paying rent or were they always "destructive" but now the landlord is "concerned"
 
2020-09-06 8:13:32 AM  

Dedmon: Resident Muslim: Occam's Disposable Razor: Evictions should be halted right now.

That said, I own a house that lost a lot of value (no one wants to live in rural Louisiana) that I haven't been able to sell without taking a pretty big loss. Renting it has been allowing me to about break even. I'm cool with my tenant not paying as long as the bank is cool with me not paying.

This isn't just hurting rent seeking assholes who have driven up housing costs complaining from the decks of their yachts. And if someone doesn't pay their rent from Sept-Dec, they aren't going to suddenly be able to come up with 4-5 months of payments in January. They'll have to be evicted then? It's just kicking the can. Everyone needs a break.

You are a landlord?
According to many here on Fark, you are scum, heartless and getting money for not doing anything.

That's a weird way of admitting you're delusional.


There are those on Fark who  definitely see anyone who owns a business or property as an enemy.  I am pretty liberal, but I have been accused of being an vile exploiter of the working class because my family owns a small business Amar we dare to employee migrant workers.  Never mind that I work just as hard anyone else and have to worry about being able to pay them and ad thousand other things that go with running a business.  They think owning a business means you are am automatically rich.  Nevermind that most small businesses are just a couple of bad months away from closing at the best of times.

Some people lack knowledge and perspective about the economy.  It's not the people you ever see or heard of that are exploiting you.  It's the guys who lend the money to the people who lend the money that are benefiting from it.  The capitalist are those with the capital.  They don't work or produce anything, they lend money and gain interest.   Their money works, owning a business, even one where you didn't actual work, is a lot of work.  The real money leaves that for suckers who think that by working 60-80 hour weeks you can become rich.  It's all a matter of degrees.  The guy in the gutter looks up at he guy in the nice car and thinks about how good they have it.  They don't even see the guy stepping on the neck of the guy in the nice car.
 
2020-09-06 8:15:45 AM  

wildlifer: Are the hackers asleep at the wheel?
We've already asked you erase folks mortgages, student loans, and credit balances..

Well.. get on it.. we're waiting...


It's not like banks would keep a copy of their data in computers not connected to the internet.  Actually they might not.  But I doubt it would be that easy.  Someone would have done it.
 
2020-09-06 8:15:52 AM  
So, who's taking bets on just what percentage of Seattle renters will have become squatters by the time this ban runs out?
 
2020-09-06 8:18:44 AM  

CrossEyed: I don't have a dog in this hunt (neither landlord nor renter), but I am curious. Does the moratorium apply to ALL evictions, or just evictions for non-payment? It seems like it would really suck not being able to evict for other causes like criminal activity, destructiveness, etc.


If it follows the model, rent for those who would be rendered homeless, without means to stay with someone else, or where their situation would place them in a dangerous situation.
 
2020-09-06 8:20:02 AM  
UBI during these times would trickle up and make everyone whole.

Unfortunately, we will more likely get another TARP where the money goes directly to the top and leaves the little guy on the street.
 
2020-09-06 8:22:47 AM  
Hmm, raising rent by 36% over the past decade appears to have unintended consequences, as it seems to have created a situation where renters have been increasingly unable to save for emergencies.  Maybe landlords should have saved some of those extra profits?  Also something about the risk of investing here?
 
2020-09-06 8:24:29 AM  

cretinbob: People who don't work and make money by people giving it to them are pissed?


You still have to pay for the maintenance, mortgage, insurance, and property repairs even if your tenant isn't paying rent.

And roughly half of all landlords are middle class types getting screwed by the pandemic just as hard as you are so let's stop with the ignorant teeth gnashing about how every landlord is a slum lord like the Trumps and the Kushners, alright?
 
2020-09-06 8:31:00 AM  
January is going to be a busy month at the courthouse.
 
2020-09-06 8:31:27 AM  
Dedmon:

3: Let a multinational conglomerate bank take a major loss to their investments

This is the best option, but suspending mortgage payments and freezing interest at 0% for the length of the eviction moratoriums wouldn't actually hurt them.  Right now they're opting for deferments because they see it as an easy way to get people out of the house so that property investors can pick it all up cheaply when the moratoriums end.
 
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