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Updated over 4 years ago,

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4,583
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Michael Rossi
  • Real Estate Investor
  • Ohio
1,170
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4,583
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No More Evictions?

Michael Rossi
  • Real Estate Investor
  • Ohio
Posted

Another socialist do-gooder may be giving us a glimpse into the future. The Cook County Sheriff says he will no longer evict homeowners or tenants from properties that are involved in a foreclosure. This is my greatest fear heading into the coming depression - that the morons in the government will waive their magic pens and make evictions illegal (or delay them). That isn't what has happened in this case - this is just one socialist do-gooder that feels sorry for those being evicted. However, I believe that it does give you a glimpse into the wacko socialist mind!

What will happen when the socialists gain control next January? Will they put a moratorium on foreclosures or evictions? If so, why would any tenant ever pay the rent? When tenants fail to pay the rent, who will bail out the landlords in this country? I believe that this is a very realistic scenario that is a direct threat to the business of any landlord! Remember Hillary's plan to put a moratorium on foreclosures?

Here's the link: http://www.chicagobreakingnews.com/2008/10/cook-county-sheriffs-office-to-suspend-mortgage-foreclosure-evictions.html

Mike

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