How the Coronavirus will affect Bay Area Housing Market

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How many rent control measures will we have in November? If economy doesn’t significantly improve by then landlords will be about as popular as vampires. We may be in for a rough ride.

:scream:

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Looks like some of the discounts are starting to show up.

Went to Home Depot last weekend and the parking was absolutely full.

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While people are fixing their houses, Caltrans should be repairing roads.

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California provides up to $450 per week for unemployment insurance, Newsom said, and the proposed Senate bill would add $600 per week for up to four months.

1 million receiving $1050 per week for four months = $18.2B :scream:

Someone posted this

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Deadbeats.

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“Beginning April 11, we will make available online a penalty cancellation request form specifically related to the coronavirus,” Treasurer-Tax Collector Russell Watts said in a statement. “The penalty cancellation process will require documentation about how the taxpayer was impacted by the virus from reduced hours, layoffs, business closure, hospitalization or other circumstances that prevented timely payment.”

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Good to hear that!!
How about San Mateo, Santa Clara and San Francisco? Do you heard anything about it?

Nope. You can delay only if you can show hardship. It’s not automatic. I don’t think we will see any relief. Right, @harriet?

can we pretend hardship? can they prove?

“require documentation about how the taxpayer was impacted by the virus from reduced hours, layoffs, business closure, hospitalization or other circumstances that prevented timely payment.”
Do “too nervous to pay” under “other circumstances”? :rofl:

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