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Major Landlords Sue L.A. For $100
Million Over Eviction Moratorium

Original Article

Posted By: Black Conservative Voice, 8/11/2021 5:30:22 AM

GHP Management Corp. and several other companies owned by developer Geoffrey Palmer are suing the City of Los Angeles for $100 million over its eviction moratorium, saying the policy has resulted in massive losses to the firm. The suit further alleges that the plaintiffs cannot find help from banks, who will not refinance mortgages on properties that fall under the city’s eviction moratorium.

Comments:

People were told that they could get assistance paying for their rent but why do that when there is a moratorium that keeps you from getting evicted if you choose not to pay at all. These people who haven’t paid a dime in rent in a year and a half are expecting their past due rents to be excused and that they will be able to continue living in the place they have squatted in for a year and a half. And only middle-class landlords will bankrupt so that all major landlords get thee full cake!

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Reply 1 - Posted by: GreatGreyhounds 8/11/2021 5:47:57 AM (No. 874890)
Just another way of the Government picking winners and losers. If only Geoffrey Palmer had contributed more to the Socialists...
5 people like this.

Reply 2 - Posted by: franq 8/11/2021 6:04:04 AM (No. 874903)
Well, come on over baby Whole lotta suin' goin' on
1 person likes this.

Reply 3 - Posted by: F15 Gork 8/11/2021 7:06:10 AM (No. 874938)
I’d be willing to bet GHP management donated considerable cash in the past to the same party who is now knifing them in the back.....
13 people like this.

Reply 4 - Posted by: chumley 8/11/2021 7:31:13 AM (No. 874960)
I wonder how many of these non-evicted types are putting money aside so they can pay what they owe when this is over. None maybe? They wouldn't be at risk for eviction if they were paying their rent and taking care of the place. The last time I lived in an apartment we paid our rent on time and didn't tear up the place. When we moved out we gave notice and spent the entire last night there cleaning from floor to ceiling. I thought the manager was going to cry when she did the walkthrough. Then she showed me the place vacated by some drug heads they had to evict. It looked like the city dump. Why is it so hard to act right?
18 people like this.

Reply 5 - Posted by: Strike3 8/11/2021 7:45:57 AM (No. 874975)
These landlords are now in the same condition as college grads or dropouts with studies in Leggos or Dungeons & Dragons who owe massive amounts of money. It is not a problem that can be fixed overnight and will cost money across the country that the country no longer has. California is eating itself and democrat policies are speeding up the process. New York has also fallen into the same mess. The outcome I foresee is government confiscation of these properties to use them to house illegal aliens, the homeless and pay reparations to the dark folks. First rental properties then private homes.
4 people like this.

Reply 6 - Posted by: Hermit_Crab 8/11/2021 8:01:44 AM (No. 875002)
And if they win, Who actually pays? The poor, beleaguered Los Angeles Taxpayers. Not the crooked idiot leftists that made the rules. And besides, this wasn't just an unConstitutional 'taking' of private property; It was the opening salvo in the new communist war against the 'Kulaks'.
7 people like this.

Reply 7 - Posted by: homefry 8/11/2021 8:16:47 AM (No. 875028)
Reply 5 - Posted by: Strike3 8/11/2021 7:45:57 AM (No. 874975) These landlords are now in the same condition as college grads or dropouts with studies in Leggos or Dungeons & Dragons who owe massive amounts of money. EXACTLY! Reckon quid pro joe will call for their debt to be erased?
2 people like this.

Reply 8 - Posted by: wakeupcall 8/11/2021 8:29:07 AM (No. 875050)
The Marxist Communist Global One World Government will own and control everything when the dirt settles.
2 people like this.

Reply 9 - Posted by: privateer 8/11/2021 10:47:15 AM (No. 875233)
How Marxist of the govt! It almost sounds like you are no longer allowed to own residential property unless you actually live in it. If you just rent it out, it becomes State property. You can't sue to recover losses...you're serving the State. Of course, this won't apply to second or third homes of Bernie Sanders, the Odungas, or any of the Hollyweird stars or tech billionaires.
2 people like this.

Reply 10 - Posted by: local500 8/11/2021 9:17:36 PM (No. 875863)
I hope they sue Eric Garceti and his band of democrat losers into bankruptcy although the city of Los Angles is already heading there.
0 people like this.

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