this post was submitted on 13 Sep 2024
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Stop paying rent to see who loses their home. It's an ugly system.
Who forecloses on the tenant? The landlord
Who forecloses on the landlord? The bank
Who actually performs the eviction? The sheriff's office
Who therefore truly controls the property?
Is it Elmo?
Yes.
Corporate landlords who pick up the property at collapsed values and maximize rent to suppress the ability for these folks to buy property again?
Depends on the jurisdiction