I would think some risk is built in, and each year a % of renters don't

pay their rent.... "in these challenging times" ;) that number has the potential to increase significantly because of the forced shutdowns and drop in economy due to the virus....where many more people who normally would be able to pay rent, suddenly lost their income that was not anticipated by anyone.
And to qualify my ramblings--- I am NOT in the real estate business and really know nothing about the industry :)

In response to this post by typed by ben

Posted: 09/25/2020 at 11:45AM

I just read the enclosed story on evictions in Richmond... -- MP4VT2004 09/25/2020 11:26AM

Its going to be a cluster for a long time. Banks are starting to take a -- UTPr0sim 09/25/2020 7:11PM

This is why we aren’t renting a house now -- WestyHokie 09/25/2020 6:14PM

Bunch of blood sucking capitalist pigs. -- MikeVT85 09/25/2020 3:17PM

I believe the first observation is right. Recognizing landlords obligation -- ColoVT82 09/25/2020 2:03PM

FWIW, re: restitution -- Beerman 09/25/2020 2:11PM

I guess my point is... -- MP4VT2004 09/25/2020 2:55PM

I feel badly for people that lose money on investments -- typed by ben 09/25/2020 9:03PM

I'm not suggesting that evictions shouldn't be delayed... -- MP4VT2004 09/25/2020 9:15PM

...this guy ?... -- chumley 09/25/2020 1:12PM

The landlord may have some means of relief too. -- Hokie360 09/25/2020 12:09PM

Yep. Also see EIDL and PPP loans ** -- bluehokie 09/25/2020 5:20PM

My wife and I rent a house that supplements our retirement. We would be -- IB4TECH 09/25/2020 12:02PM

Life isn't fair ** -- ModerateHokie 09/25/2020 12:18PM

Difference between rent deferral and free rent/cancellation -- BleedinOandM 09/25/2020 11:57AM

Isn't that a risk of investment in property and the housing commodity? ** -- typed by ben 09/25/2020 11:41AM

Changing the eviction rules wasn't in the original risk assessment. ** -- RTFC 09/25/2020 2:05PM

Yes. Governments have made decision that landlords are in better position -- ModerateHokie 09/25/2020 12:17PM

Sure it's a risk. But in normal times you can evict someone.... -- vthokieq 09/25/2020 11:51AM

Not exactly...I'd argue that it's an increased risk that was introduced... -- MP4VT2004 09/25/2020 11:49AM

Banks are landlords. Neighbor's house was foreclosed 2 yes ago. New renter -- 48zip 09/25/2020 12:02PM

No HOA/POA? -- vthokieq 09/25/2020 12:04PM

Not all banks are, and neither are all landlords banks.** -- PhotoHokieNC 09/25/2020 12:03PM

I would think some risk is built in, and each year a % of renters don't -- TD-Tech 09/25/2020 11:45AM

The issue is w/ the moratorium. Landlords are prevented -- RhinoVT 09/25/2020 11:51AM

Oh yes, and thus the prob with the pandemic and the situation...a mess ** -- TD-Tech 09/25/2020 11:52AM

I would think some risk is built in, and each year a % of renters don't

Insert a Link

Tech Sideline is Presented By:

Our Sponsors