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MP4VT2004
Joined: 09/09/2007
Posts: 24,522
Likes: 26,027

I don't begrudge landlords.

Private sector landlords provide dwellings for a lot of people who otherwise can't get financing to purchase their own home. I'd much rather see those entrepreneurs stay afloat than for them to go under and for the government to fill the housing void left behind. Many small real estate investors who own rental properties have mortgages on those properties, and their monthly cash flow is not wildly positive. Banks/lenders didn't freeze loan payments during COVID, so those property owners still had to pay their mortgages. If those properties get foreclosed on, the tenants will probably get evicted, so I don't really have an issue with stimulus money going towards housing.
Posted: 06/15/2022 at 09:21 PM ET
(In response to this post by `lag)

Thread Replies (21)

Full Thread →
Fed announces .75 rate hike. 3 more rate hikes this year ...
vt90 06/15/22 02:09 PM ET
Yep it’s a tough time right now on many fronts. Just keep going.**
OrlandoHokie 06/15/22 11:25 PM ET
I guess buying those 10 $500 k houses was a boo boo
fordham 06/15/22 03:34 PM ET
Actually, long term it does just go up. So depends on your time look...**
UTPr0sim 06/15/22 06:53 PM ET
yeah, I don't see much of a bubble coming. Even with rates going up, there
reestuart 06/16/22 09:22 AM ET
Agree, only risk is if demand plummets
WestyHokie 06/16/22 11:52 AM ET
Transitory. **
RoswellGAHokie 06/15/22 02:56 PM ET
I blame Burke Hokie**
Brown Water 06/15/22 02:50 PM ET
we all do**
HokieDan95 06/15/22 03:17 PM ET
Fed, as usual, is late to the dance....
turkeywinghokie 06/15/22 02:20 PM ET
So it doesn't matter whose in charge, cuz both parties participating in
UTPr0sim 06/15/22 06:54 PM ET
Well the concern was that we’d have too little response as they
hucareshokiesrul 06/15/22 03:33 PM ET
Well thanks so much
turkeywinghokie 06/15/22 05:05 PM ET
The country's in the very best of hands.**
mancunian 06/15/22 03:22 PM ET
Ha...ha...ha....**
VTUD 06/15/22 03:34 PM ET
Yeah, I agree....
`lag 06/15/22 02:57 PM ET
And it's compounded when...
MP4VT2004 06/15/22 03:00 PM ET
yeah, handing out money and nothing's being produced.
`lag 06/15/22 04:49 PM ET
I don't begrudge landlords.
MP4VT2004 06/15/22 09:21 PM ET
Don’t forget they didn’t have to pay their rent for many months.
GreenvilleVT 06/15/22 05:17 PM ET
Yep they cause problems, then deny them**
TabbHokie 06/15/22 02:44 PM ET
they should use a garter theme to keep our interest **
bigbadbird 06/15/22 02:12 PM ET