Friday, September 3, 2021

 a thinking person would question the actions of those in charge as they rampage thru the economy destroying all in their path;


New York — Brandie LaCasse served her county in the Air Force and after she was honorably discharged, she worked her butt off to purchase three properties in upstate New York. Like many small-time landlords, LaCasse was hit hard during the coronavirus epidemic as the government shut down the economy, causing unemployment to sky rocket, and many renters were unable to pay their bills.

LaCasse is one of many landlords who have found themselves in a dire situation thanks to the irresponsible nature of the government’s eviction moratorium.

Contrary to what many believe, most landlords are not mega rich property owners and live modest lifestyles.

In fact, according to an analysis by the Brookings Institute 40 percent of residential property units are owned by individual investor landlords. Among those owning residential investment property, roughly a third are from low- to moderate-income households; property income constitutes up to 20 percent of their total household income.

Because LaCasse is not some mega-rich firm able to offset the cost of the moratorium using other corporate welfare projects, when her tenants stopped paying, she stopped making money. After several months with no income, LaCasse was unable to pay for a roof over her own head. She is now homeless.

“I’ve cried many nights, like thinking, ‘Where’s my money?’” the single mom told CBS.

LaCasse is owed more than $23,000 in back rent and she will likely never see any of it thanks to the backward structure of the US government. Whilst spending $2 billion a day on war, and telling people they don’t have to pay their bills, the feds left people like LaCasse out in the cold.

“I invested in these properties, never thinking I wouldn’t have a place to live. I just want my house. That’s it. I just want my house,” she said............read and watch more.......

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