What's new
Fantasy Football - Footballguys Forums

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

*** OFFICIAL *** COVID-19 CoronaVirus Thread. Fresh epidemic fears as child pneumonia cases surge in Europe after China outbreak. NOW in USA (13 Viewers)

Status
Not open for further replies.
That's state by state, but I think most states (if not all) have currently suspended evictions.

ETA: But there's a big difference between suspending evictions and requiring rent forgiveness.
How will suspended evictions potentially affect credit scores?

 
How will suspended evictions potentially affect credit scores?
Is there a thread discussing the landlord/tenant situations? It’s fascinating to me how this plays out. Lot of tenants on twitter have organized to not pay and have essentially told their landlords to F off. 

 
Sometimes we can take some good from this type of article:

Another source told CNN that despite the disagreement in the Situation Room between Fauci and Navarro, Fauci continues to have a good relationship with Trump and Pence, though some staffers have shown irritation when his opinions differ.
This should appease the "Where's Fauci? Has Trump fired him?" crowd that seems to emerge every time the good Doc isn't at a taskforce presser

 
Landlords are gonna be at the mercy of their tenants.  If they pay, great, but if not, will law enforcement assist in forceful evictions right now?
In Louisiana, evictions right now are not being enforced by executive order of the governor. Law enforcement is, in fact, standing down.

...

One thing I really didn't know but that I've learned from this thread:

I had thought landlords paying a mortgage was, if not rare, fairly uncommon. Didn't think it would typically be problematic for a landlord to float residential tenants for a month or two.

 
I hope this is the case, but I also hope people don’t react badly and think somehow it’s all good now. 
I posted a week ago that there would be a sharp drop-off in cases in the USA and that many people would take this as a great sign.  That will be the moment of greatest importance.

Due to the delay in testing in the USA, the country spent a week or two getting through a backlog of cases.  So the exponential growth was completely fake.  Most everyone on this site knew that the virus wasn't doubling every 2-3 days, but the general public probably didn't. 

Now that we are through the backlog and we are at a point where we have relatively solid numbers, we will see a drop in new cases from the cleared backlog, and a drop in cases from social distancing measures.  So the dropoff in new cases could be dramatic.

But it's important to realize that the USA still has 300k active cases and is NOWHERE NEAR stopping the spread.  I'm really worried that the "it's all good now" attitude you mentioned will happen.  

 
Well, I'm out for at least a week.  

Called in today- have had shortness of breath and chest pain for a couple days.  No real fever or other stuff, but still coded as essential worker, so had to do my due diligence and call.  

Said not enough tests, so that wasn't an option, just treating as a "probable" for anyone with CV related symptoms.  
This is infuriating.  Get well soon GB.

 
Is there a thread discussing the landlord/tenant situations? It’s fascinating to me how this plays out. Lot of tenants on twitter have organized to not pay and have essentially told their landlords to F off. 
Exactly.  Think big picture.  A large building with 100 apartments.  If everyone stops paying all at once, is the landlord gonna show up with a wrecking ball?

 
How will suspended evictions potentially affect credit scores?
I think a lot of it is so unknown. A few things:

1) I'm a RE lawyer. My clients are generally trying to do workouts with their tenants to set up some kind of payment plan, extension of the lease, etc.

2) As for reporting to credit agencies, if you've a fed backed mortgage (FANNIE/FREDDIE) and you do a workout with your tenant, you can't report them to the credit agencies if they are paying consistently with that workout.

3) Obviously that changes if they don't pay in the future or you have a tenant that doesn't make up the rent once evictions are back on.

4) Because of expanded unemployment benefits, its a lot easier to be a residential than commercial landlord right now. I would think most residents should be able to pay rent with the amount of unemployment they can get now. Commercial tenants though - they are in bad shape.

 
Is there a thread discussing the landlord/tenant situations? It’s fascinating to me how this plays out. Lot of tenants on twitter have organized to not pay and have essentially told their landlords to F off. 
I just put this in the post above - but evictions are generally stopped but that doesn't mean you can just top paying rent overall. 

And I really think that with the size of unemployment benefits - you would think most residents could at least do a workout with their landlord.

 
So we tested tigers & lions at the Bronx zoo this weekend and determined they have it. Serious question, is it a different test for animals than humans? My gut tells me even if it is, you are still using the same materials you would need for a human test thus taking that away from a human in lieu of an animal? Help me out smart people.
They only tested 1 tiger from what I've read.

I'm not sure why this is a bad thing. Seems to me that it's worthwhile to know if this virus can jump to different species. Also, the whole point of testing is to track down and quarantine anyone who may have been in contact with the infected individual, so in that regard it's just as important to trace the tiger's contacts as it is to trace a human's contacts.

 
I was going to answer but @Doug B sums it up nicely below. Unless you are in an emergency ward full of COVID patience's I think it's fine to reuse for as long as you need to but I'm nobody, not even a guy playing a doctor on TV so please don't take my advice. I'm sure there are articles out there regarding the subject.

:hifive:

So we tested tigers & lions at the Bronx zoo this weekend and determined they have it. Serious question, is it a different test for animals than humans? My gut tells me even if it is, you are still using the same materials you would need for a human test thus taking that away from a human in lieu of an animal? Help me out smart people.
If a company in california can be sellingbat home tests(illegally) i dont see why a zoo with that kind of funding cant test it on its own. I highly doubt the state would sue a zoo and tell them to stop. 

It is also of importance to understand from a public health perspective if cats can spread it. Feral cat colonies can be expansive. 

 
In a little bit of fairness to her, I think that was right about the time when things really started shutting down.  But it does go to show the mindset of a lot of people just a few weeks ago and I'm sure a lot still.

My BIL works for an airport where they actually fly folks from other countries somewhat routinely that are infected with Ebola and other diseases.  He seemed really laid back about it and then called me yesterday and said 3 guys at work have tested positive and he's was around 2 of them a couple weeks back.  He said all 3 had mild symptoms and he didn't seem that concerned.  I mean, I'm not at a 10/10 on the panic meter by no means but he seemed to be around a 2. 
I think I would be around 2 as well (for this specific case) since the incubation median time appears to be shorter than a couple of weeks (reminder: median 5 days, 97.5% in 11 days, 99% in 14 days). Whether my panic meter would be trending upwards would have a lot to do with the frequency of such cases and the precautions taken to avoid repetition.

 
Italy reports 3599 new cases, with 636 new deaths and 30279 tests
Number of new cases in Italy is on a clear downtrend, so that's great news! Looks like deaths is also trending down, albeit with a spike today (obviously these things aren't linear). 

 
Number of new cases in Italy is on a clear downtrend, so that's great news! Looks like deaths is also trending down, albeit with a spike today (obviously these things aren't linear). 
Death is a trailing indicator.  But yes this is really good news.  

I still struggle with the "what next" question.

Italy is too:  https://www.reuters.com/article/us-health-coronavirus-italy/as-covid-19-deaths-steady-italys-health-minister-eyes-next-phase-idUSKBN21N0GA

When do you start making plans to open up?  When it's less than 1000 new cases a day?  500?  100?  0?

Tough questions.

 
Last edited by a moderator:
Death is a trailing indicator.  But yes this is really good news.  

I still struggle with the "what next" question.

Italy is too:  https://www.reuters.com/article/us-health-coronavirus-italy/as-covid-19-deaths-steady-italys-health-minister-eyes-next-phase-idUSKBN21N0GA

When do you start making plans to open up?  When it's less than 1000 new cases a day?  500?  100?  0?

Tough questions.
This is the kind of stuff I would like to hear more from our leaders on.  What is the plan to get things back to normal and how will that work.  Not saying it should be any time soon but it would be comforting to know that they have a plan based on something and not just wishful thinking. 

 
Death is a trailing indicator.  But yes this is really good news.  

I still struggle with the "what next" question.

Italy is too:  https://www.reuters.com/article/us-health-coronavirus-italy/as-covid-19-deaths-steady-italys-health-minister-eyes-next-phase-idUSKBN21N0GA

When do you start making plans to open up?  When it's less than 1000 new cases a day?  500?  100?  0?

Tough questions.
The Danish PM has promised a plan for opening up after Easter (not sure whether the plan is going to be published after Easter or it'll commence then, we'll soon see). She's already communicated that it is ging to be gradual, that it will take a long time and that it will be reevaluated the second cases start behaving different than the models predict/demand. I look forward to hearing more and will post more when I do.

 
A little info for the group:

My brother is a doctor associated with a large hospital in the Piedmont NC area.  He's a cardiologist, but has been keeping tabs, talking with the respiratory docs to see what's happening.  That hospital hadn't lost any patients as of a couple days ago.  There are quite a few in ICU at the moment obviously.  They haven't had a massive volume of COVIDs come through, but sizeable.  There have been about 100 cases in that county.  His comments (in my words, and 2nd-hand via my mom):

He said that COVID is consistent with extremely high inflammation markers (I'm guessing this means from a standard diagnostic blood test that is routinely and rapidly done by hospitals).  If a case of the flu produces a 500x rise in markers, COVID might produce 3000x.  The phrase "off the charts" was used.  Don't really need the COVID test to diagnose.

The current protocol at that hospital is to treat with the anti-malarial drug, and both Azithromycin and Rocephin (another antibiotic).  Both antibiotics have some anti-inflammatory attributes, which is why they are being used (and also as a prophylactic).  Fighting inflammation and preventing pneumonia is the focus.

They are paying close attention to what other hospitals are doing, and what results they are getting.  Hope I didn't get any of his comments incorrect.

 
This is the kind of stuff I would like to hear more from our leaders on.  What is the plan to get things back to normal and how will that work.  Not saying it should be any time soon but it would be comforting to know that they have a plan based on something and not just wishful thinking. 
Agreed. There needs to be parallel planning for slow and limited re-opening of certain parts of the economy. Emphasis on slow and limited. 

 
Managed to keep my wife and daughter at home without being exposed to anyone else but me for the last 2 weeks. Then my wife came down with a rash and pain this weekend and her doctor had her come into the office versus doing a tele-appointment. :wall:  She wore a mask and tried to be super careful, but I wasn’t thrilled.

Also not thrilled that it turns out that she has shingles. :wall:  

 
Gov. Cuomo is going to ask the President to lift the 14 day limit on Hydroxychloroquine and for the USS Comfort to take Covid patients.
Meanwhile...

A,state representative in Ohio said she "can't take it anymore" and vowed to refer President Trump to the International Criminal Court for "crimes against humanity" over Trump's promotion of a drug that has not been conclusively proven to fight the coronavirus.
That drug? Hydroxychloroquine.

May you live in interesting times... :lol:

 
A radio station is Boston had Jonathon Kraft on this morning to talk about getting the masks from China. Hopefully somebody does an in depth article on this because it was really interesting. A lot of moving parts to pull this off. If anyone is interested, their show is on iTunes. Toucher and Rich, hour #2. 

 
Just chatted over FB with my cousin.  She lives with her hubby, and both are out of work.  She told me she didn't pay her rent on April 1st, and has no plans on paying anytime soon.  I am sure she isn't alone, as many others are only making enough to feed themselves.  It's gonna be hard for landlords to collect rent, and even harder to get squatters to vacate.
But the nice man on the radio tells me “it’s always a landlord’s market.”  And I do so wish to get 18-21% returns. 

 
So we tested tigers & lions at the Bronx zoo this weekend and determined they have it. Serious question, is it a different test for animals than humans? My gut tells me even if it is, you are still using the same materials you would need for a human test thus taking that away from a human in lieu of an animal? Help me out smart people.
If this thing is jumping species, especially in the cat or dog family, it is critical to know and understand that.

 
In Louisiana, evictions right now are not being enforced by executive order of the governor. Law enforcement is, in fact, standing down.

...

One thing I really didn't know but that I've learned from this thread:

I had thought landlords paying a mortgage was, if not rare, fairly uncommon. Didn't think it would typically be problematic for a landlord to float residential tenants for a month or two.
Would be interesting to know what percentage of residential landlords carry a mortgage and what kind of net worth those folks hold. Probably a whole lot more middle class landlords with just a few properties who are carrying mortgages than you’d think.

 
In Louisiana, evictions right now are not being enforced by executive order of the governor. Law enforcement is, in fact, standing down.

...

One thing I really didn't know but that I've learned from this thread:

I had thought landlords paying a mortgage was, if not rare, fairly uncommon. Didn't think it would typically be problematic for a landlord to float residential tenants for a month or two.
I have one rent house that is a pretty big part of our retirement income. I told them a couple weeks ago to take off rent payment for this month and I can reduce it some for a couple more, but repairs, taxes and insurance take up a large part of my income from the property and I don't see how I can do much more that that. They have been great tenants, so I'll do what I can, but there are definitely limits.

 
Exactly.  Think big picture.  A large building with 100 apartments.  If everyone stops paying all at once, is the landlord gonna show up with a wrecking ball?
Even if you were able to evict say 30 people. Are there a lot of people looking to move right now? They are likely just to sit empty. 

 
This is infuriating.  Get well soon GB.
It really is, because of the element of unknown.  Wife's clinic didn't take a ton of precautions, and it would nice if both places of employment knew for sure.  

I am more worried about her, since the regular stuff knocks her out a bit each year.  She also called in to nurse. 

On that note, it's also frustrating we got different responses.  I was told 7 days after symptoms started I could go back if i felt better.  3 days after any sort of fever.  She was told 72 hours after symptoms go away, and they were forwarding info to the infectious disease center and they might be contacting her.  

 
Meanwhile...

That drug? Hydroxychloroquine.

May you live in interesting times... :lol:
It's so unfortunate that a rational discussion of this drug isn't easy.

There was a doctor on the Joe Rogan podcast, Peter Hotez, that was discussing this drug.  He explained it really well.  He said that there is no proof that it works, but that it does work in a test tube so there could be hope.  Of course, it works against the flu in the test tube too, and that didn't pan out either.

I hope it works, but we need to let the experts do their job.

 
I think a lot of it is so unknown. A few things:

1) I'm a RE lawyer. My clients are generally trying to do workouts with their tenants to set up some kind of payment plan, extension of the lease, etc.

2) As for reporting to credit agencies, if you've a fed backed mortgage (FANNIE/FREDDIE) and you do a workout with your tenant, you can't report them to the credit agencies if they are paying consistently with that workout.

3) Obviously that changes if they don't pay in the future or you have a tenant that doesn't make up the rent once evictions are back on.

4) Because of expanded unemployment benefits, its a lot easier to be a residential than commercial landlord right now. I would think most residents should be able to pay rent with the amount of unemployment they can get now. Commercial tenants though - they are in bad shape.
Thanks for the reply.

I'm not sure what % are getting or will get unemployment benefits, but a sizeable portion won't be getting any.

Some exceptions  I  know about are my daughter who quit her job in February, expecting to be able to easily find another job. Her friend who has a lease in NY, but is afraid to travel back there for her job. And many employees who are being asked to work only 2 or 3 days per week, with PTO covering the remaining hours. But many employees have limited PTO hours. And the gig economy workers.

 
Exactly. I'm seeing many more for rent signs in Miami and Miami Beach. Finally, prices should come down. 
It's such a weird system. Workers put money into bank. Landlord borrows money from bank to buy building. Workers pay landlord to live in the building so landlord can pay the money back to the bank. The craziest part is nobody ever actually has the money. It's all just adjustments on spreadsheets, numbers being shifted around all day long. When the landlord goes to borrow the money, the bank creates new money and with it new debt to pass out.

 
I know a few people who are taking advantage of this and it’s really sad. They still are working as usual but are skipping paying their rent this month. 

 
It is really dumb to put covid patients on that ship unless it will be only covid patients. 


Right, need to either make it all COVID or NOVID
Agree, so all the people in NYC that would normally be in the hospital just all dried up and they no longer need medical care? I just think this whole thing with the ship is reflective of the poor response to this whole pandemic we've put forth since the get go. How do you not have a solid plan in place when you inherit 1,000 extra hospital beds overnight in what is touted as the epicenter of the pandemic for the US?

Quit the political redtape bull#### and figure it out. People are dying that don't need to. 

 
I know a few people who are taking advantage of this and it’s really sad. They still are working as usual but are skipping paying their rent this month. 
I am working as usual, but my wife (works at Starbucks) is basically furloughed.  And I am awaiting word of reduced hours.  We paid our April rent but have already discussed with the owner of our place that reduced rent for May is highly probable.  He mentioned it first, too.  Thankfully.

 
I know a few people who are taking advantage of this and it’s really sad. They still are working as usual but are skipping paying their rent this month. 
I know some who are working and trying to negotiate a delay in mortgage payments. With the anticipation that they might be furloughed or laid off.

In the case of one coworker, she's anticipating in advance that her tenants won't be able to pay the rent next month, due to a 50% reduction in her tenants work hours. But the tenants just paid April in full, so my coworker can pay the mortgage this month. I'm not even sure mortgages on 2nd homes qualify.

It's almost class warfare. #RentStrike

 
Regarding people still working and looking to have their rent reduced, I'm surprised the government is giving out the stimulus payments to people who haven't had their wages affected (and their job outlook still looks good).

Honestly, it would be totally fair if they only gave the money to people who were laid off, had wages reduced, etc.

 
We have a very good relationship with our landlord. Based on the conversations in this thread, I proposed a 10% reduction in rent for the next two months to match my company's 10% salary reduction and she agreed nearly immediately.

Just another reason this thread has been so great.

 
Status
Not open for further replies.

Users who are viewing this thread

Back
Top