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Updated about 5 years ago on . Most recent reply

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Scott Passman
  • Rental Property Investor
  • Batavia, IL
672
Votes |
452
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Why are landlords being so singled out?!?

Scott Passman
  • Rental Property Investor
  • Batavia, IL
Posted

I have a hard time understanding why landlords are considered so different from other businesses and business owners. Even before COVID-19 came onto the scene, it has been a prevailing theme over the last year or two that cities and states are pushing more laws limiting the abilities of landlords to collect rent, evict tenants who don't pay, renovation and increase rents, and other regulations regarding how their business is operated.  Now with the impending crisis, rental property owners are being arm barred into dropping or foregoing rents and those who cannot or choose not to are being vilified by not only the public but even other property owners. 

 Some are in a great position financially that they can be very flexible and work with tenants which is great, but some others are not in as great a position and rely upon that rental income to pay the bills.  I think the majority of property owners are willing and want to work with tenants in whatever capacity they can or feel is necessary.  But to have such sweeping legislature and pressure placed upon property owners as a whole to give up some or all of their income for an indefinite amount of time is crazy.  It's like they think we are all wealthy, greedy and don't care about others which of course is completely false.  I love playing my part to provide a good home for others and I know many others do to. But at the end of the day, if bills can't be paid then there is no home for anybody.  Why are property owners so heavily singled out?

Most Popular Reply

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6,603
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Bjorn Ahlblad
  • Investor
  • Shelton, WA
6,949
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6,603
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Bjorn Ahlblad
  • Investor
  • Shelton, WA
Replied

We have been going through a very 'progressive' permissive time and social media helps. A lot of people are working for pretty low wages and are gaining voice; along comes a whole political agenda promising 'free stuff' and 'stick it to the man', activists jump aboard and here we are. None of this has logic or reason and it is mostly going on in lower class properties. Along comes this virus; and chaos!

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