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Updated over 5 years ago on . Most recent reply

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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Should rent be canceled because of the coronavirus?

John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Posted

Good article.

Talks about Pros and Cons and discussed the Landlord side of this too.

Should rent be canceled because of the coronavirus?

https://news.yahoo.com/should-rent-be-canceled-because-of-the-coronavirus-204910688.html

  • John Underwood
  • Most Popular Reply

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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
    ModeratorReplied

    I'm only reading and responding because it's you, John.

    If you forgive Tenants of their responsibilities because they are out of work, then you have to forgive the restaurant owner, the hospital that had to furlough all their staff, the farmer that can't sell his apples, etc. 

    There's no end to this.

    What we really need are some leaders with cajones that understand how to conduct a basic cost:benefit analysis based on actual data, not unproven models and fear. Our government shut down the economy without a justifiable reason and the vast majority of us will suffer the consequences while the vast majority of them will become wealthy.

    Start preparing because this is not the worst of it.

    • Nathan Gesner
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    The DIY Landlord Book
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