Oakland landlord stands to lose everything after tenant fails to pay rent for 3 years.

Complete breakdown of the social contract on multiple levels. The people who are penalized are those who played fair and by the rules.

via CBSNEWS:

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OAKLAND — Oakland is one of the last cities in the Bay Area hanging on to its eviction moratorium, which was introduced during the pandemic to protect tenants from eviction.

Many mom-and-pop landlords claim their tenants are taking advantage of the policy, leaving them at risk of losing their livelihoods.

“I’m back due some rent … $56,000 over the last three years from my tenant,” said John Williams, as he read a sign he plans to bring to Oakland City Hall Tuesday.

Williams currently lives in the top unit of the duplex he’s owned for nearly 20 years. It is his only home. Renting it out was supposed to secure his retirement. But at the end of this month, he’s facing foreclosure.

He said for 10 years, his tenant in the bottom unit had paid $1,500 for the 3-bedroom, 1-bath, though the checks always came late or bounced.

But in March 2020, she stopped paying altogether.

h/t yaddamaster

 

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