So.....Tenants are UNHAPPY about their "Plights"! What about Foreclosed/EVICTED Homeowners?

By
Real Estate Broker/Owner with Gibson Management Group, Ltd.
http://actvra.in/wJW


There’s something fundamentally demeaning about being a renter about having to ask permission to change the showerhead, about having to mentally deduct future losses from deposit checks for each nail hammered into the wall to hang family photos. There’s something degrading about the annual rent increase that comes with this implied taunt to its captive audience: What are you going to do, move out?

http://www.theatlanticcities.com/housing/2011/11/forever-renter/484/

Reading an article on the INequities of being a renter in the new "landlord's world" in MotherJones and the writer wanting MORE protections for US renters like they have in Europe puts me in mind of Greece. Now, I'm not sure about the tenants' rights in Greece; however, their economy sucks and they are back for bail out after bail out from their European neighbors because of their entitlement mentality.


If American tenants do not want to ask permission to change a showerhead, YES, they can buy their own house OR rent a property with the showerhead they wish to have.  


They can ALSO prioritize their housing needs so that location, amenities, schools and distance to shops and work are MORE important than the number of nails they can use to hang pictures or the amount of money they will be refunded from their security deposit.  


WOW!  I wonder if they realize how GOOD they have it when they are NOT being hounded by a mortgage company for money they do not have because they refinanced their home of 10 years to buy a new car and be able to WRITE OFF their interest?


I wonder if they realize that NOT getting their $1,000 security deposit back is ALMOST as bad as losing all of their home's equity which is what they were going to use to send their youngest child to college?  


Somehow, the glass is ALWAYS Half Full to many who are fortunate to have roofs over their heads!

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Rainmaker
1,165,576
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Wallace.  Complain, complain, complain.  What about the landlord's rights?  In Massachusetts the laws favor the tenant.

Mar 05, 2012 03:55 AM #1
Rainmaker
1,595,595
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Owner vs. Tenant................age old story.  I just spoke with some renters over the weekend who are being forced to move out of a house they have been renting for 5 years because of a foreclosure. 

Mar 05, 2012 03:59 AM #2
Rainmaker
1,281,392
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

As I have said many times, the debate is no longer between left and right.  It is between the achievers and non achievers, givers and takers, producers and slugs.

Mar 05, 2012 04:02 AM #3
Rainmaker
1,089,551
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Conrad * having lived in CA, I appreciate the far left leanings at MotherJones; however, they can go too far.

Jay! *  Did you say sluts?  YEOW!  Oh!  SLUGS.

Mar 05, 2012 04:04 AM #4
Rainmaker
2,043,626
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This would be a good post about benefits of owning your own home. If tenants expect these rights I can see there will be fewer landlords . Becuase of tight credit standards there are fewer home buyers who can afford to buy so what do you think will happen?

Mar 05, 2012 04:05 AM #5
Rainmaker
242,434
Doug Dawes
Coldwell Banker Residential Brokerage - Georgetown, MA
Your Personal Realtor

I agree with Conrad. In MA tenants have more pwer than the landowner in mamny many instances and in MA tenants are also allowed a State Income Tax deduction of  ½ their rent up to $3000 [$250/mo] Why a renter should have a tax deduction for rent is beyond me.

Mar 05, 2012 04:07 AM #6
Rainmaker
647,363
Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Wallace - interesting twist.  Renting and owning carry different benefits and obligations.

Mar 05, 2012 04:11 AM #7
Rainmaker
1,218,602
Lisa Von Domek
Lisa Von Domek & Associates LLC Team at Real Estate Broker/Associate with Real Living Real Estate Group www.LisaVon.com - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Good morning Wallace,

It's demeaning to ask the owner of a property if the tenant can make a change?...give me a break.  The author of that articel is obviously of the entitlement mentality, and "what's mine is yours".  Property owners do have rights, period.

Mar 05, 2012 04:13 AM #8
Rainmaker
1,771,508
Debbie Gartner
Floor Coverings International - Westchester NY & Stamford CT - White Plains, NY
The Flooring Girl - Westchester hardwood flooring

Actually, I think it's tough for everyone, both renters and homeowners.  You are right - everyone has their own expenses - they are often classified differently, but fundamentally, we all need to pay somehow for housing.  If you own the home, you certainly have more control and you feel better about those expenses since it's the value of YOUR home.

Mar 05, 2012 04:35 AM #9
Rainmaker
244,274
Bonnie Vaughan
Re/Max Home Team - Scranton, PA
CNE SFR - Buyers/Sellers - Lackawanna & Surroundin

Wallace:  In most areas of the country the rental market is booming.  In my part of the country we had a strong rental market long before the crash.  It is not unusual to show a multi unit where the tenants have been there 5 or 10 years.  There are segments of the population who never aspire to buy a home. They still hang pictures and change shower heads.

Mar 06, 2012 06:14 PM #10
Rainmaker
1,089,551
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Bonnie * I don't mind changing the showerheads if they pay the water (I install lo-flo heads between residents) and change them BACK when they leave....family pictures should be in "stand-up" frames and not hung on the wall unless they own the walls

Mar 07, 2012 03:25 AM #11
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Rainmaker
1,089,551

Wallace S. Gibson, CPM

LandlordWhisperer
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