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CoronitaParticipantYou guys are so negative. I look at it differently….
Free car wash… I’m moving some of my cars out of the garage as we speak.CoronitaParticipantThis article does a pretty good job summarizing what a lot of low income tenants and landlords are facing.
Landlords that have previously catered to these lower income service industry workers thinking the gravy train was going to last forevee I think are pretty screwed .
More than half of renters say they lost jobs due to coronavirus: ‘They could face housing situations that spiral out of control’
‘Low-income renters, especially those who lose employment during the crisis, will have a hard time paying back rent’
CoronitaParticipant.
CoronitaParticipanthttps://www.latimes.com/projects/california-coronavirus-cases-tracking-outbreak/
San Diego County looking good. Doubling every 9.5 days….
Riverside County is every 5 days….
CoronitaParticipantA lot of people live paycheck to paycheck because rent is high and many of them don’t have a high income to begin with. They are just above the amount to disqualify them from Snap benefits and free healthcare, but don’t make enough to be above water…. and/or are on a huge California wait-list for federal assisted housing.
These people also tend to end up paying higher rent because they are perceived as being higher risk tenants, some landlords choose prefer financally more solid candidates and the ones that do pick them don’t need to negotiate rent with them because they have limited options (as opposed to an enginerd that makes $120k/year leasing a $1600/month condo can ask for a slight discount because of his/her superior financial situation knowing a lot more landlords would prefer them). Many of the big box corporate apts require a minimum of $100k/year verifable income to qualify for a 1/1. so they can’t even qualify for a lot of rentals. These aren’t simply just restaurant workers. I’ve seen people who are administrative assistant that would barely qualify for a lease and would be left with close to nothing at the end of each month. All else being equal, many landlords end up picking financially stronger candidates, inclusive …
Some of the landlords that took on these riskier tenants asked for a pie in the sky rent and probably got it, forgetting that if the shit hits the fan, these people won’t be able to make it and not be able to pay rent. Well, now it’s coming back to bite some of them in the ass..Because that once upon of time “risk for reward” that they didn’t have to think about when times are good , is bound to blow up when times are bad.
CoronitaParticipantThere are also a few people who need food who are college students.
At work, through the contacts of one of the millennials that work for me, apparently there are a some students at universities who are having a difficult time. They aren’t from financially well-to-do families, but through their academic merit got a free ride to these schools. Except the free portion is only tuition. They still needed to pay for room and board, where one or two meals was included with the room and board cost. Those students also worked for the university, perhaps as a clerk or hourly administrative person.
Well, the university is closed, and went to online learning. Problem is they can’t stay in the dorm because that’s closed, and since the university is shutdown, they don’t have a job either. So they don’t get their included meals, and they have no job to pay for meals, and they can’t exactly call their parents and ask for money that their parents don’t have from abroad. The office pooled money together and we’re sponsoring a few of these kids that these millenial colleagues know that are just out of luck, so they don’t have to continue to go to the food bank…Some of the schools provided “host families” to provide them a place to stay, which is good.
Yes, for a lot of people, it’s really fucked up.
CoronitaParticipantYou can still use the reusable bags. The only issue is that now if you do, they won’t bag it for you, you’ll need to bag yourself. Not really a big deal and personally the less other people touch my food the better it is. Also, when you bring the bag home, you should spray it down with disinfectant and hang it outside.
Reusable bags weren’t really that environmentally friendly anyway …we simply shifted the problem to China where they are made. And many of these reusable bags don’t last that long and have to be thrown out.
The disposable plastic bags I used as wastecan bag liners so I wouldn’t have to buy them. Also folks with dogs can use them as poop bags instead of grabbing the ones at the park.
This could actually be a good thing because a lot of people I see with dogs forget to bring a poop bag and the parks/trail run out..So often dog owners don’t bother to pick up. I hate some dog owners.
CoronitaParticipantThe other thing positive is gold is over $1700/ounce.
The bad news is places like La Jolla coin shop aren’t open so one can’t sell gold bullion locally
CoronitaParticipantOne really positive thing is worldwide pollution is way down!
The other thing is so far, the nerd herd has been spared more so than others. Techies, doctors, scientists, teachers.
Remember years ago, there was a huge argument about the virtues of service jobs not requiring a lot of education, and manual skill labor was in huge demand across the service industry often paying better? Well, many of those service jobs just vaporized because those jobs require human interaction…not something that can be done “working remotely”. Some of these jobs aren’t coming back for awhile.
Imho this will drive more automation and less reliance on humans. High tech will do great , as we now have no choice but to reduce human interaction. So much opportunity.
There is also something to be said about replacing some of the functions ICU nurses have to do with some automation and robotics, and to allow remote management of some medical devices, for example ventilators, to reduce
nurses’ exposure to a deadly virusCoronitaParticipantlooking good San Diego.
https://www.latimes.com/projects/california-coronavirus-cases-tracking-outbreak/
CoronitaParticipant[quote=sdduuuude][quote=Coronita][quote=SDNative2]It’s been $2.59/gal for Premium the last two weeks north O’side.[/quote]
Really? Holy crap. So premium is probably around $2.79… I might need to go for a drive and fill up.[/quote]
Ya, FLU – if you haven’t been out of Carmel Valley you wouldn’t know gas prices have plummeted.
A few days ago it was 3.29 at ARCO in CV and 2.69 in Clairemont, and 2.49 at Costco.[/quote]
Damn, I filled up 6 cars before we went into stay at home, figuring out I won’t need to go back to a gas station for 2 months. Didn’t expect things to fall so fast… Come to think of it I think I only used 1/4 tank in one car. Anyone want to loan me a 50 gallon barrel? lol….
CoronitaParticipant[quote=SDNative2]It’s been $2.59/gal for Premium the last two weeks north O’side.[/quote]
Really? Holy crap. So premium is probably around $2.79… I might need to go for a drive and fill up.
CoronitaParticipantSo is $3/gallon gas!!!
CoronitaParticipant[quote=ltsddd]Got it. I thought you said one of your tenants didn’t pay rent.[/quote]
My relative has a non-ontime payment in LA. I guess the guy runs a business and his customer in China hasn’t paid him yet in over 2 months.
We worked out a payment plan for him. He’s sending $1300 biweekly. My relative isn’t too worried. No mortgage , property tax rate from the 1980ies lol.
HOA fees more than property tax. lol.LA is getting hit hard because the most of the entertainment sector which employs a lot of people are shutdown.
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