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NEWS AND VIEWS THAT IMPACT LIMITED CONSTITUTIONAL GOVERNMENT

"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Monday, August 1, 2022

LA Landlords Call For End To Eviction Moratorium



"Communism isn't sleeping; it is, as always, plotting, scheming, working, fighting."

Richard M. Nixon 

(R) California



(Zerohedge)  There are more protests taking place in Los Angeles this month, but for once they don’t have anything to do with racism, high gas prices, or any other common complaints coming from the public these days. The people doing the protesting are landlords who are facing bankruptcy and the loss of their properties because tenants are still not paying their rent. 

They’re getting away with this because the city of Los Angeles extended its eviction moratorium for another full year until August of 2023, despite the state’s moratorium having expired in June. And the landlords are placing the blame on the City Council and Mayor Garcetti rather than the delinquent renters. (CBS News)

At a news conference at City Hall, landlords say the moratorium could push some of them into bankruptcy and foreclosure because it doesn’t allow them to collect rent and some of their tenants are taking advantage of the situation.

“Our home has been stolen from us so that tenants, one of whom owns a DeLorean, can go to Burning Man and rent yachts for birthday parties and sail up in hot air balloons,” property owner Liz Reckart said. “Our home has been stolen from us, not by our tenants, but by the overly broad policies created under Mayor Eric Garcetti and upheld by the majority of our City Council.”

With the city extending the moratorium for another year, some people are clearly just viewing this as another year of “free rent” before they wind up having to move out and look for a new apartment.

Zerohedge.com



1 comment:

Dan said...

Landlords need to create a 'registry'. A NATIONWIDE list of people who took advantage of this insanity and refused to pay rent. This list would be used to deny ANYONE on it access to rental property in the future. These lazy parasites can either be homeless or suck it up and buy their own homes.