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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (97849)5/23/2009 8:16:13 AM
From: jrhana2 Recommendations  Read Replies (3) of 116555
 
<The forced "no notice" evictions in the Lost Vegas video are very disturbing. If someone is not paying the mortgage on their property and is evicted I have little sympathy. However, the video shows multiple instances of "no notice evictions" as many as 13 a day, that give renters as little as 20 minutes to leave with nowhere to go and no place to put their belongings, even if they are current on their rent.>

Yes that is completely outrageous. I couldn't believe that scene. There is no reason why those tenants could not have been given at least a month's notice. 20 minutes to clear out. Unbelievable. They do let them take their medications.

There definitely needs to be some mechanism in place to protect tenants rights where the owner is defaulting but the tenant is paying the rent without a clue as to what is about to transpire.
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