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Xolodno

(7,319 posts)

10. Going to drop the other shoe.

Reply to KY_EnviroGuy (Original post)

Fri Jun 19, 2020, 06:57 PM

Jun 2020

There will then be a huge supply of rentals and when they can't fill those units...they will have to drop the rent. And when that happens, landlords holding out for a higher rent will see more of their tenants up and bail for cheaper housing.

We'll probably see an uptick on foreclosure's as well. Which will then lead to cheaper homes.

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Highlight:

Coronavirus: Why US is expecting an 'avalanche' of evictions [View all] KY_EnviroGuy Jun 2020 OP

It should not be allowed to happen. 58Sunliner Jun 2020 #1

Eviction is not a good idea when you have no one to move in and take their place. Where brewens Jun 2020 #2

As a landlord, I'm hurting Rorey Jun 2020 #3

I think everyone here is sympathetic with your dilemma and.... KY_EnviroGuy Jun 2020 #4

Mostly I'm trying to be patient. Rorey Jun 2020 #5

Maybe with the tenant who is behind several months, sit Blue_true Jun 2020 #7

On the other hand, landlords also have payments to make. PoindexterOglethorpe Jun 2020 #6

Yes. Blue_true Jun 2020 #8

I understand there are exceptions, but I thought the extra $600 per week would have helped MichMan Jun 2020 #9

I think the problem is that there's such a large number of people not elegible.... KY_EnviroGuy Jun 2020 #11

Going to drop the other shoe. Xolodno Jun 2020 #10