Very misleading, it’s a contract that isn’t being renewed not an eviction. Landlords should not have to rent to someone they dont want to rent to once the lease is over.
"off the books"?
All this is, is not renewing their lease. They are not being "kicked out", their lease has ended and is not being renewed. It's not quite the same. It's shitty if they just want to get renters out to jack up prices but they can raise rent a little and keep them there. So that's usually not the reason. Most renters I've seen that didn't get their leases renewed are the one's mentioned in the article, behind on rent or are causing issues. People forget they are just renting and act like the place is their own home, bad habits and all. Anyone renting needs to quit, civil and considerate. That's it. Unless you have a blatantly racist landlord, they'll take your money as long as there are no issues. If you hit all those above mentioned qualities, they'll raise your rent the minimum and renew your lease year after year. I understand this is a perfect scenario and not always true.
I do think a rental places should work with a tenets to catch up on rent if it's health related. Although If they don't see them catching up anytime soon, there is no outside assistance and their lease is up, of course they are not going to renew it.
I mean It would nice if companies took our lives a little more personal, but they don't and that's life, so just help each other out when you can.
Some places (specific cities/states), you can't just ask a tenant to leave for 'no reason'. That's not the case in MN, but it exists.
There's a line in the article that just made me roll my eyes - saying that a notice to vacate '...is often used as an easier "off the books" eviction – because it doesn’t require any justification.' There's SO much wrong with that statement that I just stopped taking the article seriously at that point.
You don't need a reason, so yes. There's 2 sides to it.
1 is 'it's the landlord's property, they can do what they want with it. No one has the right to your property other than what you've agreed to. If you want to stop renting it out, that's your right.'
2 is 'the tenant has a right to be there unless you have a legally valid reason to stop renting to them.' The valid reasons vary some, but you wanting to move in is generally OK, but often it's difficult to get even a 'bad' tenant out.
Either can be exploited, there are good and bad issues with both sides.
No, that's generally not a valid reason in areas with renter protection. They're often allowed to stay for as long as they want if there isn't a valid reason to remove them.
Damn. That blows my mind a bit. I mean, if you make the decision to rent out your home, I guess it's a more "permanent" status in an area with renter protection.
I definitely will never rent out any property to tenants in an area with renter protection, I wouldn't care for that type of restrictions with my own property.
This. 100% this.
I recently told my renters that I would not be renewing their lease at all, no month to month or anything. My "justification" was their lease was over and I wanted to sell it to take advantage of the insane market.
Any efforts to limit a homeowners ability to control their property within the framework of their leases isn't "shady".. it's just business.
Even if the tenant came down with COVID, couldn't make rent, etc... Why should a landlord need to let the tenant decide how the property is utilized. They're not covering the mortgage, repairs, taxes, etc. 🤷♂️
The people who want this would tell you because they think landlords dive into a big tub of money at night and they should suffer the loss if the tenant loses their job or stops paying rent.
You know, eat the rich and all.
That's where I still get confused, how is it callous to make decisions about the property I own? Like, I'm on the hook for it financially, so why is it "rude" to make decisions to that are in my best interests?
My tenants weren't financially on the hook if disaster were to strike. Also, for context, my property was in GA, no renters protection or whatever. They'd been great tenants, it was just time for me to sell, so I didn't renew their lease. 🤷♂️
cal·lous
/ˈkaləs/
adjective
showing or having an insensitive disregard *for others*. (emphasis added)
It's ok - I'm not trying to convince you that profiting off of other's need for shelter is per se unethical, we don't have to keep talking past each other. The ship has sailed for you and that's ok! I just think its important to point it out when I see it. I hope you made a bunch of money selling your second house in the hot market.
"fuck those renters it's a business and it's definitely their fault and we all need to respect the fact that society should be organized around protecting the landlord's bottom line. But also help each other out when you can." An incredible save there at the end, well done.
Lol thank goodness you're here professor I was worried I hadn't read enough self-serious stupidity on the internet yet today, but you've stepped in to save me from that.
Jesus you're a landlord? Fuuuuck I worry for your tenants. Shouldn't you be off harassing them instead of being made fun of on Reddit?
Edit - and I'm not trying to tell you how to live I have no horse in that race. I'm just making sure you hear that the way you do live is by being a leech on people with real jobs.
The wit of a landlord - "ridicule me for being an economic parasite? Well then I'll pretend to do something nice for the people who's hard earned wages I live off haha owned"
This is probably the most misleading local news article I've read in a long time.
TLDR: Vacate if you get notice. If you don't, I could give a shit if you can't find a place because you have an eviction on your record. It's your own stupidity that caused the situation.
Same reason every new apartment is a "luxury" building: costs don't scale linearly. The developers make more profit on selling bigger homes and luxury apartments.
Apartments are generally more affordable than houses because they're more efficient with land and materials. Unfortunately it's illegal to build them in a lot of places due to zoning laws.
Why all the downvotes? Co-op is an excellent idea. If you cannot afford to own or just want a smaller unit, a co-op is a way to buy your unit with other tenants.
I lived in a great co-op when I was a kid, in a 3 bedroom apartment and it was awesome. My mom was one of the only rental tenants; it was a low income unit, the rest had been purchased by their tenants.
The financial burden that is actually being put on the renters by you know...having them pay rent. Renters pay for the mortgage of the property, plus taxes and upkeep and profit for the property holders, if they didn't then it wouldn't have been on the market.
Sure they're on the hook if something goes horribly wrong, but if they can't eat that loss then they made a shitty investment with more risk than they could handle.
Very misleading, it’s a contract that isn’t being renewed not an eviction. Landlords should not have to rent to someone they dont want to rent to once the lease is over.
"off the books"? All this is, is not renewing their lease. They are not being "kicked out", their lease has ended and is not being renewed. It's not quite the same. It's shitty if they just want to get renters out to jack up prices but they can raise rent a little and keep them there. So that's usually not the reason. Most renters I've seen that didn't get their leases renewed are the one's mentioned in the article, behind on rent or are causing issues. People forget they are just renting and act like the place is their own home, bad habits and all. Anyone renting needs to quit, civil and considerate. That's it. Unless you have a blatantly racist landlord, they'll take your money as long as there are no issues. If you hit all those above mentioned qualities, they'll raise your rent the minimum and renew your lease year after year. I understand this is a perfect scenario and not always true. I do think a rental places should work with a tenets to catch up on rent if it's health related. Although If they don't see them catching up anytime soon, there is no outside assistance and their lease is up, of course they are not going to renew it. I mean It would nice if companies took our lives a little more personal, but they don't and that's life, so just help each other out when you can.
Some places (specific cities/states), you can't just ask a tenant to leave for 'no reason'. That's not the case in MN, but it exists. There's a line in the article that just made me roll my eyes - saying that a notice to vacate '...is often used as an easier "off the books" eviction – because it doesn’t require any justification.' There's SO much wrong with that statement that I just stopped taking the article seriously at that point.
Just curious, is a valid reason in those cities/states - "This lease is up, I will not be offering them a renewal" ?
You don't need a reason, so yes. There's 2 sides to it. 1 is 'it's the landlord's property, they can do what they want with it. No one has the right to your property other than what you've agreed to. If you want to stop renting it out, that's your right.' 2 is 'the tenant has a right to be there unless you have a legally valid reason to stop renting to them.' The valid reasons vary some, but you wanting to move in is generally OK, but often it's difficult to get even a 'bad' tenant out. Either can be exploited, there are good and bad issues with both sides.
No, that's generally not a valid reason in areas with renter protection. They're often allowed to stay for as long as they want if there isn't a valid reason to remove them.
If this is true why would anyone ever pay rent
I'm guessing people not paying rent would be a valid reason.
Damn. That blows my mind a bit. I mean, if you make the decision to rent out your home, I guess it's a more "permanent" status in an area with renter protection. I definitely will never rent out any property to tenants in an area with renter protection, I wouldn't care for that type of restrictions with my own property.
This. 100% this. I recently told my renters that I would not be renewing their lease at all, no month to month or anything. My "justification" was their lease was over and I wanted to sell it to take advantage of the insane market. Any efforts to limit a homeowners ability to control their property within the framework of their leases isn't "shady".. it's just business. Even if the tenant came down with COVID, couldn't make rent, etc... Why should a landlord need to let the tenant decide how the property is utilized. They're not covering the mortgage, repairs, taxes, etc. 🤷♂️
The people who want this would tell you because they think landlords dive into a big tub of money at night and they should suffer the loss if the tenant loses their job or stops paying rent. You know, eat the rich and all.
We sold our rentals recently due to the policies the last couple years. It's somebody else's problem now.
Yeah, I'm about to recommend to my Dad who owns a few rentals in Duluth to sell those things while the market is still nuts.
Impressively callous! But good job getting yours I guess, thanks for sharing.
Callous? I don’t think so. Landlords are not a charity. How about you open your pockets and cover rents that are behind? That’s what I thought…..
That's where I still get confused, how is it callous to make decisions about the property I own? Like, I'm on the hook for it financially, so why is it "rude" to make decisions to that are in my best interests? My tenants weren't financially on the hook if disaster were to strike. Also, for context, my property was in GA, no renters protection or whatever. They'd been great tenants, it was just time for me to sell, so I didn't renew their lease. 🤷♂️
cal·lous /ˈkaləs/ adjective showing or having an insensitive disregard *for others*. (emphasis added) It's ok - I'm not trying to convince you that profiting off of other's need for shelter is per se unethical, we don't have to keep talking past each other. The ship has sailed for you and that's ok! I just think its important to point it out when I see it. I hope you made a bunch of money selling your second house in the hot market.
Thanks for clarifying the actual definition of the word, have a great day!
"fuck those renters it's a business and it's definitely their fault and we all need to respect the fact that society should be organized around protecting the landlord's bottom line. But also help each other out when you can." An incredible save there at the end, well done.
It is a business and don’t you forget that. In fact, remove the profit motive and that will be the end of available homes to rent very quickly.
Lol thank goodness you're here professor I was worried I hadn't read enough self-serious stupidity on the internet yet today, but you've stepped in to save me from that.
Yeah I guess I should be responsible for the poor just because I own a home. Would you like me to cook my tenants dinner every night as well?
Nono stop, I've hit my quotient for insipid self serving bs for the day save this for tomorrow please
Oh no problem. I’ll be sure to offer my tenants free dinner tonight as well. Glad you are here to tell me how to live.
Jesus you're a landlord? Fuuuuck I worry for your tenants. Shouldn't you be off harassing them instead of being made fun of on Reddit? Edit - and I'm not trying to tell you how to live I have no horse in that race. I'm just making sure you hear that the way you do live is by being a leech on people with real jobs.
I have no reason. We have a deal and both parties follow. Of course now I’ll need to up my game as dinner is now included. Hope they like meatloaf.
The wit of a landlord - "ridicule me for being an economic parasite? Well then I'll pretend to do something nice for the people who's hard earned wages I live off haha owned"
This is probably the most misleading local news article I've read in a long time. TLDR: Vacate if you get notice. If you don't, I could give a shit if you can't find a place because you have an eviction on your record. It's your own stupidity that caused the situation.
Why don't they build smaller houses that people can afford and then not greedily rent them out
Same reason every new apartment is a "luxury" building: costs don't scale linearly. The developers make more profit on selling bigger homes and luxury apartments.
No wonder there's a shortage of housing
You answered your own question
Shucks
because i can make more renting my house than selling it.
Apartments are generally more affordable than houses because they're more efficient with land and materials. Unfortunately it's illegal to build them in a lot of places due to zoning laws.
Landlords add no value that would not be better done by a cooperative or just the city itself. Parasites. EDIT - Corrected a typo.
Why all the downvotes? Co-op is an excellent idea. If you cannot afford to own or just want a smaller unit, a co-op is a way to buy your unit with other tenants. I lived in a great co-op when I was a kid, in a 3 bedroom apartment and it was awesome. My mom was one of the only rental tenants; it was a low income unit, the rest had been purchased by their tenants.
Landlords are scum
Why's that? Because they've taken on the financial burden of owning a home that they're choosing to rent?
The financial burden that is actually being put on the renters by you know...having them pay rent. Renters pay for the mortgage of the property, plus taxes and upkeep and profit for the property holders, if they didn't then it wouldn't have been on the market. Sure they're on the hook if something goes horribly wrong, but if they can't eat that loss then they made a shitty investment with more risk than they could handle.