> If everyone did that then how’s the person with a new job able to get a home?
That's exactly my point. If the regulations weren't so insane and burdensome (see other posters' points on not being able to evict promptly for nonpayment, for example) then the person with the brand new job would be able to quickly rent a home because it's not an undue risk for a landlord.
You can't ask landlords on the one hand to open their home to anyone, and on the other hand deny them the right to remove tenants that don't hold up their end of the bargain. Do you not see how that's completely unfair?
> You also have more capacity to absorb a short vacancy in case this person is to lose their job.
That is not a universal truth. Landlords have debt service/mortgage payments, taxes, maintenance, insurance and other payments. Especially smaller landlords actually do not - at all - have the capacity to absorb a vacancy or (even worse) a non-paying tenant.
> Can’t derisk your way out of everything.
Yes, but unduly moving risk from one party (tenant) to the other party (landlord) is certainly not the way to go either. If I just take your car and you don't have any recourse to get it back for 6+ months because the courts are backlogged and everyone else goes "well, you have a car, so you must be wealthy, what are you complaining about?" how would that make you feel?