dat feel
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- Oct 6, 2019
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Bruh stfu already it’s stopped being funny a year ago.I ACTUALLY DID ASK
Thats great
Op is not a faggot
Didnt askBruh stfu already it’s stopped being funny a year ago.
Just ignore himBruh stfu already it’s stopped being funny a year ago.
Yesterday I considered making a thread about how black zip codes in NYC had higher infection rates than white zip codes. My theory was a little different than AOC's. My theory was that black people are incapable of truely self isolating, and that their idea of a quarantine was to not stray more than 50 yards from the front of their building.
Anyone that has ever been around an apartment complex where there is a small percentage of black people knows the phenomenon. There may only be 3 units out of 50 occupied by black people, but it to a casual observer it seems like half the complex is Black because they live 5 to a unit and are hanging out outside all day.
And fyi, I have given my poor tenants 50% off rents for April, May and June. Hopefully they will not burn down my building.
Property values are going to drop and rents will quickly follow. A lot of families will double up and there will be a lot of vacancys. I don't want them moving to another unit down the street to save $100/month. And I only have 4 or 5 'poor' tenants. And the there is a moratorium on evictions in most States.![]()
that's extremely generous, didn't think you would ever do that
that's a sizable loss if you have a decent number of tenants
do you rent primarily to low-income folks? why did you give them such a big discount, and for such a long period? are you recouping it somehow with government subsidies?
i see. all things considered, it's a smart strategic moveProperty values are going to drop and rents will quickly follow. A lot of families will double up and there will be a lot of vacancys. I don't want them moving to another unit down the street to save $100/month. And I only have 4 or 5 'poor' tenants. And the there is a moratorium on evictions in most States.
they are definitively going to drop, at least 10%, probably 20%, initially. Then possibly another 10+% over the next 18 months as foreclosures drive prices down, all that will depend on how the economy rebounds and what the market psychology is 6-12 months from now.i see. all things considered, it's a smart strategic move
i didn't think property values would drop too much, definitely not as much as 2008 because supply is tight. but this makes me realize they might drop simply because people may not be able to pay their rents/mortgages. we're in uncharted territory because of unemployment, as many as 20 million new claims are expected next month, and that may not even be the end of it
the mortgage forebearance program should prevent a free fall, but it'll be interesting to see how it all unfolds