Posted by a friend on fb. He is a landlord with roughly 50 units.
This is only the retail rental industry. Only Connecticut. And only the LL's he associates with. There are other industries in the same boat. We have been waiting 7 years. The wait is almost over. The event is coming.
May 13th 2020 This is what it was like for landlords in CT. I polled 151 CT landlords that represent 4203 apartments. 3252 paid rent. This includes assistance programs like section 8. This includes partial payments. 77.4% For those unfamiliar, this is bad. Never forget.
The "never forget" comment is referring to Gov Ned Lamont giving carte blanche to renters to not pay their rent during covid with no fear of eviction.
He should have also given the owners the right not to pay the banks.
Landlords should class action Lamont
<deleted> Oh sorry, I need to wear glasses when I read lol.
Need a little more context here, OP.
If you could expand on the context of the 2020 data versus today? Need to understand the numbers and your thinking here a bit better as I'm intrigued.
Not following this.
Can you explain more what this means?
The "precipice" seem to be like the apple you dangle in front of the mule to make him go forward! Keke
Is this really from 4 years ago? Or did you do the wrong date. Current data would be more helpful.
This is a warning for the next "thing". The last "thing" really fucked us over and we can't let it happen again.
I think the precipice will involve riots and arrested pols. I expect real violence. The idiots that may be squatting will have a choic e to make when things get 'iffy'.
If no one is there to listen to the squatter spout the legalities of why my house is theirs, what are the rules then? Rules....kek
Plus we have some nice deltas for yesterday and today.
"Now comes the pain"
https://qalerts.app/?q=Now+comes+the+pain