Happy Eviction Day! - Free ride no longer free

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Some JERK said:
This is true but not technically true. Banks will also give you a loan if you have the right amount of assets. In other words, if you don't need the loan at all you'll probably get it. (I won't go into the boring financial gameplaying of why someone who doesn't need a loan takes one.)
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my family did as a gamble for student loans being paid off
 
The fact that there are people that would use a stimulus check to buy a PS5 or a TV rather than pay their rent is proof that fiscal responsibility is something that needs to be taught and encouraged at a young age.

I've always had the mindset of "Oh, I can wait before buying that" or "Oh, I have to save for that". What I need always comes first in my budget: Home, Food, Car....that's most important when spending money. The idea that I have to explain this to people and they consider it some form of fascism just leads me to believe that schools and the internet are making people dumber at an alarming rate.
 
RumblyTumbly said:
The fact that there are people that would use a stimulus check to buy a PS5 or a TV rather than pay their rent is proof that fiscal responsibility is something that needs to be taught and encouraged at a young age.

I've always had the mindset of "Oh, I can wait before buying that" or "Oh, I have to save for that". What I need always comes first in my budget: Home, Food, Car....that's most important when spending money. The idea that I have to explain this to people and they consider it some form of fascism just leads me to believe that schools and the internet are making people dumber at an alarming rate.
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Your responsibility and sensible financial planning can not be taught. Some people will never accept responsibility and will endlessly shit out a litter of mongrol children ( @TamarYaelBatYah I'm looking at you) without any thought for how they are going to pay for it all.

Some people will never learn the easy way and will actively fight you for their right to learn the hard way. And plenty of people are about to find out that the streets are pretty fucking hard.
 
RumblyTumbly said:
The fact that there are people that would use a stimulus check to buy a PS5 or a TV rather than pay their rent is proof that fiscal responsibility is something that needs to be taught and encouraged at a young age
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The problem isn't a lack of knowledge on fiscal responsibility, it's the lack of the discipline required to use those theories in real life.
 
Captain Fitzbattleaxe said:
The problem isn't a lack of knowledge on fiscal responsibility, it's the lack of the discipline required to use those theories in real life.
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Absolutely!!! Generation FAIL's society/mindset is based on short term gratification. The "I must have it NOW" mentality. They have a complete disconnect on how the real world works and because of that they are enslaved by their very own actions. They are Consoooomers to the corporations and the marketing that is prevalent in our society.

I see this mindset every single day as I watch broke ass people in some very expensive vehicles that will take 7 or more years to pay off their loan, shopping in Walley World. Or at the coffee shop ordering their decaf/soy/latte/no fat mocha, complaining on how bad they have to work. Or at the Bank, the park, the county fair... These are the people that will pay with their Apple pay card/visa and pay the interest for that action instead of paying it off in cash.

The Land of the Consooomer is what I see and I and a few others were able see this train wreck coming and too the right actions to avoid it. Generation FAIL is such a disappointment.

What I do know is while these people will not pick up a penny that is lying on the ground, because it is beneath them, because its just a penny.

I will, because I know the value of wealth. When I was homeless every penny found/saved equaled one step upwards towards getting back into society. One penny save = One penny served.

Which equals to investing wisely for long term financial solutions.

Wealth equates Power but wealth "Equates Freedom".

And the Freedom I'm talking about is never ever having to worry about any bill for the rest of your life. That is something I believe that most people can achieve in their later years IF, they stop living beyond their means when they are young.
 
I'm only partially following this so probably my fault I'm confused. But I thought the Supreme Court rules eviction moratoriums were not constitutional but I see here that NYS is reinstituting them.

longisland.news12.com

New York lawmakers vote to extend eviction moratorium until Jan. 15, 2022

The state Legislature voted Wednesday to extend an eviction moratorium for tenants who fell behind on their rent because of hardships caused by the COVID-19 pandemic.
longisland.news12.com
archive.md

New York lawmakers vote to extend eviction moratorium until Jan. 15, …

archived 2 Sep 2021 22:27:06 UTC
archive.md archive.md

Is this just the USA balkanizing further or are these reconcilable somehow? Are evictions going ahead or not?
 
Overly Serious said:
I'm only partially following this so probably my fault I'm confused. But I thought the Supreme Court rules eviction moratoriums were not constitutional but I see here that NYS is reinstituting them.

longisland.news12.com

New York lawmakers vote to extend eviction moratorium until Jan. 15, 2022

The state Legislature voted Wednesday to extend an eviction moratorium for tenants who fell behind on their rent because of hardships caused by the COVID-19 pandemic.
longisland.news12.com
archive.md

New York lawmakers vote to extend eviction moratorium until Jan. 15, …

archived 2 Sep 2021 22:27:06 UTC
archive.md archive.md

Is this just the USA balkanizing further or are these reconcilable somehow? Are evictions going ahead or not?
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In red states to a point yes. In blue states no due to political dogma. Not to forget the white house is forcing no evictions to every state through benefits if you don't evict. This is all about votes though. But seeing as Biden already fucked up beyond any reasonable doubt with the energy mandates putting all prices through the roof. The Afghan crisis that liberals blame on Trump for making the deal with Taliban. But Biden shut down the Airbase with the billions of equipment left behind. Then when the Taliban took over ran away with Americans left over waiting to be executed or held hostage when we do return. What a disastor how libtard defend this policy and all of Bidens fuckups is assounding. I just wish Biden instead of blaming Trump said the buck stops with me.
 
RumblyTumbly said:
The fact that there are people that would use a stimulus check to buy a PS5 or a TV rather than pay their rent is proof that fiscal responsibility is something that needs to be taught and encouraged at a young age.

I've always had the mindset of "Oh, I can wait before buying that" or "Oh, I have to save for that". What I need always comes first in my budget: Home, Food, Car....that's most important when spending money. The idea that I have to explain this to people and they consider it some form of fascism just leads me to believe that schools and the internet are making people dumber at an alarming rate.
Click to expand...
They are being fiscally responsible though, if they have enough income to pay for bills and groceries, and enough debt including back rent that bankruptcy is the only option. Assets like electronics can easily be made to go away, or are otherwise low value enough that the courts won't pursue them. You may find it immoral, but it's a strategy that many working poor folks will use at some point in their life. People, as a whole, will do almost precisely what they are economically incentivized to do.
 
New Yorks eviction moratorium expired today. So many people have demanded emergency assistance since it opened 1/10 that they ran out of money to fund it supposedly.
 
Necro but I seriously have not heard a single thing about mass evictions, despite all the hype. I do notice that basically no apartment complex within 50 miles of me (in my state) have openings, unless you want to pay $1500 a month. No this isn't a big city.

And of course all the homes for sale are astronomical prices.
 
Clockwork_PurBle said:
Necro but I seriously have not heard a single thing about mass evictions, despite all the hype. I do notice that basically no apartment complex within 50 miles of me (in my state) have openings, unless you want to pay $1500 a month. No this isn't a big city.

And of course all the homes for sale are astronomical prices.
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Most people are reasonable, and will usually work with landlords, and most landlords will work with tenants if they're not a pain in the ass because it's easier to figure out a solution than to evict and find new people who are unknown. The shit you hear on the internet is not real life.

The only issues I've had is just changing when people pay rent, not if they pay rent. Also at the time from mid to end of pandemic bullshit I was in the market for a new property with 2-4 units and it was rare to find properties with tenants that were significantly behind, at most you'd have one of the tenants lagging behind but they usually had other shit that was causing the issue in addition to the pandemic and they were usually still paying partial rent.
 
Clockwork_PurBle said:
Necro but I seriously have not heard a single thing about mass evictions, despite all the hype. I do notice that basically no apartment complex within 50 miles of me (in my state) have openings, unless you want to pay $1500 a month. No this isn't a big city.

And of course all the homes for sale are astronomical prices.
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Same in my state
Huge amount of rent increments lots of people coming from out of state
 
Retink said:
The only issues I've had is just changing when people pay rent, not if they pay rent. Also at the time from mid to end of pandemic bullshit I was in the market for a new property with 2-4 units and it was rare to find properties with tenants that were significantly behind, at most you'd have one of the tenants lagging behind but they usually had other shit that was causing the issue in addition to the pandemic and they were usually still paying partial rent.
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Yeah I haven't seen any kind of eviction or nonpayment of rent apocalypse in my area, and none with my tenants.

I guess if you take out an asset-based loan to purchase an investment property (which is a bad idea in general) then they'll specify the minimum rent you're allowed to charge, but there's a special secret of just not fucking telling them what you're doing. Who's going to report you to the lender? Your tenant?
 
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