Brentwood Airbnb tenant refuses to leave or pay rent for 540 days

[Dorian Breh]

Not sure what u mean by this breh

You saying if there were no rentals housing prices would be down? Not only that but down far enough for the average renter to be able to afford to straight up buy?

Basically all apartments would be condos that most current renters could afford to own?

Taking away renting would have people stuck for long periods of time as well. Relocating would be way more difficult if you had a 15-30 year mortgage as opposed to a 12 month lease.

The housing market in desirable areas is over inflated because the supply is largely fixed while the demand includes not just people who want to actually live in these desirable areas, but people and businesses who want to own but not inhabit the real estate in order to rent them out.

These rent seekers do not provide any value to the economy. They almost always have financed their buildings with debt. All they are doing is providing a credit score and a name on paper in between the bank who owns the property and the inhabitants who rent it.

A change wouldnt happen overnight, but if it was made significantly more expensive to own but not inhabit real estate then prices would drop significantly.

In such a situation desirable areas would continue to be desirable, and banks would be more than happy to continue to provide financing (mortgages). These mortgages would be cheaper because values would be lower, and they would be getting bought out all the time.

But today you dont need to finish your mortgage in order to sell your house.

One downside is that people could be more damaged by downswings of the real estate market. But as weve seen, these are usually rare occurrences. Over time most real estate becomes more valuable.

 

[Scottie Drippin]

The housing market in desirable areas is over inflated because the supply is largely fixed while the demand includes not just people who want to actually live in these desirable areas, but people and businesses who want to own but not inhabit the real estate in order to rent them out.

These rent seekers do not provide any value to the economy. They almost always have financed their buildings with debt. All they are doing is providing a credit score and a name on paper in between the bank who owns the property and the inhabitants who rent it.

A change wouldnt happen overnight, but if it was made significantly more expensive to own but not inhabit real estate then prices would drop significantly.

In such a situation desirable areas would continue to be desirable, and banks would be more than happy to continue to provide financing (mortgages). These mortgages would be cheaper because values would be lower, and they would be getting bought out all the time.

But today you dont need to finish your mortgage in order to sell your house.

One downside is that people could be more damaged by downswings of the real estate market. But as weve seen, these are usually rare occurrences. Over time most real estate becomes more valuable.

b-b-b-b-b--but whatever could we do without landords, they say, as they create the unsustainable marketplace we're in

The second a home goes up for sale, six corporations and 12 people watching too much HGTV have already thrown whatever money they could get out of their own property at it, and now just wait for the tenant to pay it off and try to make financial sense of the bullshyt they're participating in.

 

[Richard Glidewell]

Brentwood?? Hypothetically they can request assistance from the local pillar of the community Orenthal James Simpson!! I'm sure he can bring the problem to an end!!

 

[TELL ME YA CHEESIN FAM?]

They know who to try

 

[Jimmy from Linkedin]

fukked his life up trying to be a wannabe landlord

Most people who talk about "investment properties"

 

[50CentStan]

People need to just follow the laws. The tenants and the landlords.

Now with the landlords i don’t feel bad for the ones they try to get by with illegal unapproved apartments.

If you can’t afford to do things legally then move around.

I agree. But cuz the land lord put in a shower without the right permits or whatever. They make it okay for somebody go squat in the location with the illegal shower? Makes no sense lol

 

[Mass]

Bro how are nikkas siding with bums who can't even afford they own place so they resort to "finessing the system." Yea the landlord fukked up but that tenant is a scrub and one of the reasons business owners MUST be cutthroat. There's no friends in business.

 

[Absolut]

Bro how are nikkas siding with bums who can't even afford they own place so they resort to "finessing the system." Yea the landlord fukked up but that tenant is a scrub and one of the reasons business owners MUST be cutthroat. There's no friends in business.

It’s the Coli. Criminals and deadbeats get the support while regular citizens get the shaft. All from the comforts of their suburb couch in their rental

 

[Womb Raider]

Damn the landlord prolly mad AF


I’m never allowing anyone to squat on my property EVER. You need a place to stay? The shelter is THAT MF WAY

 

[ORDER_66]

So any update on this story???

 

[Sonic Boom of the South]

Air BnB is such a stupid ideal to do!

 

[Thavoiceofthevoiceless]

So any update on this story???

This actual isn’t the first time that this tenant has pulled this type of stunt.

 

[Field Marshall Bradley]

These rent seekers do not provide any value to the economy. They almost always have financed their buildings with debt. All they are doing is providing a credit score and a name on paper in between the bank who owns the property and the inhabitants who rent it.

Well this is stupid…. like, really stupid… Using your logic, people with mortgages provide no value to the economy….. The landlord is still on the hook for the debt…. How he pays the debt is inconsequential

 

[Dorian Breh]

Well this is stupid…. like, really stupid… Using your logic, people with mortgages provide no value to the economy….. The landlord is still on the hook for the debt…. How he pays the debt is inconsequential

People with mortgages provide value into the economy by working a job to pay the mortgage.

 

[ORDER_66]

This actual isn’t the first time that this tenant has pulled this type of stunt.

I heard she's a scam artist...