Welcome Guest

and the vast majority of those landlords have mortgages

Posted on: March 16, 2020 at 16:19:35 CT

tigerinhogtown STL

Posts:

64059

Member For:

24.40 yrs

Level:

User

M.O.B. Votes:

on those properties.

If rent can't be paid, what happens to those properties?

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

you want to put peoples financial concerns to rest - tigerinhogtown STL - 3/16 15:46:13

wow (nm) - pickle MU

- 3/16 15:47:28

go on, I know it's a drastic move, but please point out - tigerinhogtown STL - 3/16 15:51:18

besides its being tyrannical and anti-capitalist, - pickle MU

- 3/16 15:57:06

if the 5 biggest banks in the US just decided to do this - tigerinhogtown STL - 3/16 16:01:53

RE: if the 5 biggest banks in the US just decided to do this - pickle MU

- 3/16 16:03:35

I own 7 properties, I fully expect to be shorted on rent - tigerinhogtown STL - 3/16 16:08:53

irrelevant. - pickle MU

- 3/16 16:14:25

Cut taxes. (nm) - ummmm MU - 3/16 15:47:26

won't stop layoffs(nm) - tigerinhogtown STL - 3/16 15:51:39

Cut the taxes of the laid off employees too. - ummmm MU - 3/16 15:52:55

doesn't give them the $$ required to make next months - tigerinhogtown STL - 3/16 15:53:51

but **** the landlord, right? (nm) - pickle MU

- 3/16 16:02:00

I refer you to the parable of the unforgiving lender - tigerinhogtown STL - 3/16 16:10:48

the landlord isn’t a lender - pickle MU

- 3/16 16:13:52

Is there anything you give two ****s about? - redngray MU - 3/16 16:20:09

he is lending his property to a renter on a month by month - tigerinhogtown STL - 3/16 16:16:23

No (nm) - pickle MU

- 3/16 16:19:37

If I can take it back, I lent it to him(nm) - tigerinhogtown STL - 3/16 16:24:57

Tax breaks to landlords that waive monthly rent. - ummmm MU - 3/16 15:55:00

if they are holding a mortgage on the property they rent out - tigerinhogtown STL - 3/16 15:58:42

It doesn't have to be paid from rent. - ummmm MU - 3/16 16:00:35

apartment complexes don't get built on cash - tigerinhogtown STL - 3/16 16:05:02

people buy properties to rent to others - pickle MU

- 3/16 16:15:19

and the vast majority of those landlords have mortgages - tigerinhogtown STL - 3/16 16:19:35

Then the bank can make that arrangement voluntarily - ummmm MU - 3/16 16:07:06

and I'm not offering a bailout - tigerinhogtown STL - 3/16 16:13:54

It's because the airlines and banks are cronies - ummmm MU - 3/16 16:21:15

okay, I'm giving you 2 choices - tigerinhogtown STL - 3/16 16:27:17

The govt can't accomplish No. 1 (just a few businesses here - ummmm MU - 3/16 16:36:48