Submitted by flightwaves t3_10f81pu in nyc
oceanblue966 t1_j51wn9w wrote
Reply to comment by Front_Spare_2131 in NYC eviction rate continues to rise since ban was lifted, as homelessness surges by flightwaves
Prior to the pandemic, there was no eviction moratorium. While it still took a while to evict (which shouldn't be the case if its unreasonably long).
"Most LLs who got hurt by the pandemic were small time LLs relying on the tenants to pay their mortgages, which is bad business anyway" so you'd rather big corporations own huge buildings and hundreds of units, just because they can weather over a "rainy day"?
The courts are backed up to hell, there is no justice for LL's atm.
PPP isn't for a landlord renting out a few-unit building or a house...
idratherbeintamriel t1_j54hzgi wrote
They had a shit business model and it bit them in the ass. Oh well. Sell the building to the tenants and maybe they should get a second job.
oceanblue966 t1_j54yve0 wrote
So when two parties mutually sign a lease contract, you expect the landlord to hold up their end of the bargain (provide the domicile, keep it in operating order, pay property taxes, maintenance, and other agreed upon terms in the lease like heat/hot water), and keep the rent the same for x months or years.
Yet you think tenants should not adhere to the contract they agreed to?
When housing courts are backed up, what happens when a landlord isn't adhering to their end of the bargain? Landlords are taking advantage of this as well, why do you think so many issues like rodents are never dealt with?
A "shit business model" would be buying a property for way above what it can rent for, and then not finding tenants that can afford the rent. Not contractually-obligated tenants to skip out on paying, due to the government intervening and essentially modifying a legally binding contract.
And the tenants wouldn’t be bumming off a landlord if they were in any position or state of mind to buy, so that is a moot point. Or you just want people to give up their property for free that they paid for, is what you’re saying.
You sound like the NYPD.
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