''Banks know about that trick better than I do; they aren't going to chase your spending habit all over time and space. They're going to foreclose and
cut their losses, and landlords are going to evict and cut theirs.''
This is what I wonder. Will anyone be able to afford all these newly re acquired properties that these banks are now holding the note on? I feel like
there will be loads of empty houses sitting that way for some time, especially new builds that are right now being constructed. There are several new
additions going in near me with many more planned for the next year or so and I wonder if they will finish these neighborhoods at all or if they do if
they will sit empty for a few years.
i always chat with landlords. i saw an awesome loft in jersey city, the landlord told me about 'professional renters' who know the law, move in, and
never pay rent knowing it takes months of litigation to kick them out.
you gotta pay your landlord, cause most of the places ive been in are still in mortgage. if you do not pay, then the landlord cannot pay, and it
screws up the entire chain of command.
This situation is a mess and it's only going to get worse this summer.
A few years ago I was speaking with an old friend about why he -- a very wealthy young man -- held so many "liberal" views. He laughed and said it was
pure self-preservation.
He didn't want to live in a world where people being pulled out of their homes or cars and killed in the street because they appeared to "have" more
became common.
If millions of people who aren't crippled by lifelong drug and alcohol abuse or untreated mental illness suddenly find themselves homeless, I'm going
to keep my head down.
In order to receive an order of eviction as soon as the courts opened back up wouldn't it mean that the cases were filed BEFORE the shut downs? My
guess is that the majority are people who would have been booted out a couple of months ago if not for the "stay" on evictions during the state of
emergency. Those who have gotten behind since then are probably just now started to get filed and wont even come up for review for a while.