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So that's your argument? That the arbitrary cutoff date on the Gregorian calendar decides when it is OK to allow profits/capitalism to matter more than lives? Really?
So that's your argument? That the arbitrary cutoff date on the Gregorian calendar decides when it is OK to allow profits/capitalism to matter more than lives? Really?
That the 2020 moratorium was extreme generosity, and now, the Free market should resume operating.
Most units have mortgages. No rent, equals mortgages unpaid, equal foreclosures. Foreclosures also result in "unpaying and paying" tenants unable to stay any longer.
Human lives matter more than profits. Period. Maybe renters need to get armed to protect themselves from eviction. At this point it's a choice between dying slowly and painfully of COVID or a gun battle. What do they have left to lose?
Forget sugar coating this anymore. We're about to see a huge wave of additional deaths when the eviction moratorium ends. Screw capitalism, people gotta live and not die. Survival uber alles.
How much of your money will you be sending to the broke landlords to help them pay for food and utilities?
That the 2020 moratorium was extreme generosity, and now, the Free market should resume operating.
Most units have mortgages. No rent, equals mortgages unpaid, equal foreclosures. Foreclosures also result in "unpaying and paying" tenants unable to stay any longer.
Right, but the solution is to put a moratorium on the foreclosures too. Capitalism should be suspended until the virus is under control.
If free market had been allowed to operate in 2008, we wouldn't have this fake housing boom since then, low rates, refinancing left and right and all that comes with it.
We can't selectively wish free market to work.
BTW; no eviction thing will definitely spill over to 2021 in some form. May depend on region and such. It all depends on how many people are really affected at the same time. Small figures don't create a momentum.
Right, but the solution is to put a moratorium on the foreclosures too. Capitalism should be suspended until the virus is under control.
Fully disagree. It has been suspended too long. We are risking far more deaths via economic consequences than covid has inflicted. Not just here, but worldwide, economies are in a position they may never rebound from.
How about if the LL has a mortgage and the bank takes the property from both the owner and the renter?
The poster I was replying to has suggested a moratorium on foreclosures only. I was merely pointing out the landlord has significant other expenses that they have to pay while not collecting rent.
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