5 ms·
The current defacto situation involves millions of renters just being unable to pay. They can't be evicted in most of America. Landlords are going to lose mone
by _mkef 6y ago
The current defacto situation involves millions of renters just being unable to pay. They can't be evicted in most of America.
Landlords are going to lose money.
>Flipping your final line around, how would the elderly widow relying on renting out her former family home handle receiving no income for a year?
She still will not get any income until the eviction moratorium is lifted. The only thing she can do is sue her tenants for money they don't have. Even in good times evictions can take months to a year.
It can be argued this is the risk of doing business. If tenants can't pay they can't.
The backlog of evictions ( which are one of the most stressful things you can experience) will clog courts. At least if we establish renters will not be able to pay, we can develop an alternative plan. Better to have a plan than saying everyone has to survive the best they can.
Someone with an economic degree would work out the details. Obviously I can't write a full relief bill in a comment