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It's time for landlords and slumlords to chip in. I think though they'll shoot themselves in the foot if they play hardball as renters who can't afford will stop paying anyways and good luck evicting during the CV pandemic AND finding a new renter. Should be good for house prices and rents to come down significantly, at least around 25% IMO.
mell saysIt's time for landlords and slumlords to chip in. I think though they'll shoot themselves in the foot if they play hardball as renters who can't afford will stop paying anyways and good luck evicting during the CV pandemic AND finding a new renter. Should be good for house prices and rents to come down significantly, at least around 25% IMO.
And State and City and Federal Officials!
If all or the lion's share of the bars, restaurants, schools, etc. are closed, furloughs or steep paycuts down to $2000/month. No need to keep the Health and Safety Board fully employed at 100% wages when the Amusement Park and Bars are shut down.
Why should the assistant director of Diversity at Community College continue to draw $5000/month when the School is closed until next September? Or the Dean of Transfer Students or whatever?
In a way, they are landlords of the Public Till, co...
Right but you know that in crisis events like these the public sector always does better than the private sector. Many teachers don't get paid much but they have the upper hand in situations like these at least. Of course the excess salaries of management in public positions, govt, education etc. will be kept paid although they shouldn't.
mell saysIt's time for landlords and slumlords to chip in.
No it isn't. There is no moral imperative whatsoever to force property owners to 'chip in'.
Since when does that factor in the whether a lawsuit proceeds or not? Doesn't. So no judge can throw out a suit for that.
Juries might be another matter.
But what all this really does is make California even MORE hostile to landlords. That will equate to less rental unit supply. Duh!
I don’t think you understand how California courts work. They already lean in the tenants favor.
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