/biz/ - Business & Finance

[Anonymous No.18140610]

What's going to happen the 1st week of April? The courts can't possible hear that many eviction cases without taking many years to do it and the tenants have the perfect excuse for why they shouldn't be evicted.

How are landlords going to respond to this when they are taking massive losses and are unable to evict their tenants?

Is this going to get violent? The tenants definitely have the upper hand. There is more of them, they have the courts on their side, and even if the courts weren't on their side they don't have the manpower to hear millions of cases at once..

[Anonymous No.18140624]

btw im not anti tenant or anti landlord this is just an unfortunate event but it looks as if the tenants will come out on top, at least for the meantime.

in the end this will cause landlords to go bankrupt then homelsss and cause tenants to also go bankrupt and homeless. nobody wins.

[Sage No.18140629]

Go back to /pol/ you stupid faggot. Take your faggot friends with you. Idk why you god damn fucks can't use the catalog or post on board topic

>>18139710

[Anonymous No.18140637]

>>18140610
Get ready to buy more rental property.

[Anonymous No.18140644]

>>18140629
SEETHING LANDLORD

[Anonymous No.18140652]

>>18140629
this is just /pol/ with crypto talk

[Anonymous No.18140660]

unironically the only winners are neets and the jews

[Anonymous No.18140758]

>>18140629
this isn't even /pol/.. it's a bunch of plebbit and bunkerfag trannies that are scared because they can't pay rent in 3 days.

[Anonymous No.18140766]

TENNIES RISE UP

[Anonymous No.18140790]

>>18140610
force majeure

[Anonymous No.18140821]

>>18140790
whats happens to the contract and the parties involved during a force majeure?

[Anonymous No.18140845]

>>18140821
>Force majeure (/ˌfɔːrs mɑːˈʒɜːr, -məˈʒɜːr/ FORSS mah-ZHUR, -mə-ZHUR; French: [fɔʁs maʒœʁ]) – or vis major (Latin) – meaning "superior force", also known as cas fortuit (French) or casus fortuitus (Latin) "chance occurrence, unavoidable accident", is a common clause in contracts that essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, plague, or an event described by the legal term act of God (hurricane, flood, earthquake, volcanic eruption, etc.), prevents one or both parties from fulfilling their obligations under the contract. In practice, most force majeure clauses do not excuse a party's non-performance entirely, but only suspend it for the duration of the force majeure.

[Anonymous No.18140852]

>>18140610
Real talk, no bullshit LARP. If you didn’t make a good faith effort to work out a payment scheme with me, the first thing I’m going to do is hit your credit and take all of your deposit. Then I’ll get the eviction paperwork ready and call up my lawyer for when this shit blows over and the courts can start back up again. Yeah, you’ll squat “rent free” for the duration of this nonsense but you are just going to eat shit on the backside.

There will be no revolution, no overthrowing of the government.

[Anonymous No.18140857]

>>18140845
do you think a lot of these landlords know that is going to happen but aren't telling their tennants to attempt squeeze as much money out of them as possible right now?

[Anonymous No.18140868]

>>18140852
my landlord never took a security deposit. only a 50 dollar application fee that i never was supposed to get back anyways.

[Anonymous No.18140890]

>>18140852
What if this shit takes years to blow over and by then they owe you so much money there’s no way they can pay it back so they just decide to take the credit hit and move in with their parents ?

[Anonymous No.18140901]

Ignore the kulaks. Rent will be abolished when Bernie takes office.

[Anonymous No.18140905]

>>18140852
same.. and when their credit is trashed, and they have no job who is going to fucking rent to them? This is how people slip permanently into the lower class.

[Anonymous No.18140911]

>>18140852
you'd be in big trouble legally for doing that
you've already got a payment scheme set up as per your contract, which becomes suspended during the force majeure (see >>18140845)
>>18140857
most likely

[Anonymous No.18140923]

It's going to be really ironic when landlords go bankrupt from mass evictions with no prospects to fill them and end up having to become a tenant under another landlord. going to be interesting so see how their mindset changes when the shoes on the other foot

[Anonymous No.18140952]

>>18140852
>yfw you can’t collect rent so you go bankrupt and then YOU have to go find a place to stay and YOU have to deal with greedy landlords just like yourself

Lmao this is going to be delicious to see homeless former landlords

[Anonymous No.18140953]

>>18140905
they will just move in with their parents and neet it up

[Anonymous No.18141068]

>>18140610
>tenants have the perfect excuse for why they shouldn't be evicted.
'gibs me dat for free' is not a good excuse

[Anonymous No.18141075]

>>18141068
Government has a gun to my head is a good excuse though

[Anonymous No.18141084]

Property manager here. I've worked in a few states and they all operate the same: when it's landlords vs tenants in a court of law, majority of the time tenants hold the upper hand. If you won't pay rent April 1, the worst that can happen is a negative background check on a future rental. Talk to your landlords for a possible cheap option before making a rental payment (if you're choosing to pay rent.) Most of my clients are offering free rent or a deep discount on April 1 and it never hurts to ask.

[Anonymous No.18141899]

>>18141084
This.

I'd be more worried about landlords evicting medical workers right now to be honest. There's a significant uptick in people kicking out nurses and doctors suddenly because they're scared of them being petri dishes.