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Economy
New York Air Force veteran and her young daughter are living out of her car after being unable to evict tenants who refused to pay rent for almost a year under moratorium
2021-08-28
[Daily Mail, Where America Gets Its News]
  • Brandie LaCasse owns three properties but hasn't been paid rent in almost a year, and is owed more than $23,000 in uncollected rent

  • She has not received rental assistance funds from the government after at least one of her tenants were approved for rental help

  • LaCasse claimed she had notified her tenants that they needed to move out so that she could move in - when they decided to stop paying her rent

  • Her tenant Carla McArthur, who was approved for rental assistance, expressed her sympathies for the landlord's position

  • McArthur said she can't pay rent because of the high costs for childcare for her daughter and autistic son
Posted by:Skidmark

#7  One of my accounting professors mentioned how his group used to deal with squatters and people needing eviction. At first they tried the legal way, and that was expensive and time consuming...so they went with hired goons. When the goons showed up, slowly read the note that says, "Boss man says you get out now or..." They got out. Turned out to be much cheaper.
Posted by: Silentbrick   2021-08-28 23:39  

#6  /\ Same thing happened in the Great Depression. Bank officer and their pals knew which farmers and businesses were in trouble. They oftentimes stepped forward and purchased farms and businesses at a fraction of the value.

'The rich get richer......"
Posted by: Besoeker   2021-08-28 16:09  

#5  The Banks don't care,

The banks and Wall Street DO care - they are buying up all these distressed properties and now control 1/7 of the housing market. THEY are too big to fail, so the government will gladly underwrite any funding they lack.
Posted by: Glenmore   2021-08-28 15:42  

#4  It sounds like what's needed is insurance against gummint edicts.
Posted by: M. Murcek   2021-08-28 08:17  

#3  We're seeing similar situations around here. The owners with small numbers of rental units are just getting hammered. The tenants aren't paying rent....because they don't have to.

The Banks don't care, the utility companies don't care, the folks doing repairs don't care (yes, you still have to keep up the property or risk fines and lawsuits) and the tax collectors don't care.

This poor woman and her daughter are living out of their car while her tenants have a warm place to call home.
Posted by: Mullah Richard   2021-08-28 08:15  

#2  Rental property, the downside.
Posted by: Besoeker   2021-08-28 07:42  

#1  A taking without just compensation. Who needs a Constitution, there really is only power.
Posted by: Procopius2k   2021-08-28 07:40  

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