Quote:
Originally Posted by parentologist
FAIRING? Not very. Governor just essentially announced, "Free rent for all!" Landlords will be left holding the bag, especially the mom and pop type who don't have employees, and so don't qualify for paycheck funds.
Faring? Pretty well, I'd say. I don't think anyone is starving - food stamp benefits have been maximized. I don't think that unemployment benefits have started coming through yet. The totally inadequate one time cash benefit is just beginning to arrive in people's accounts. Other than near NYC, not terrible spread of the virus. Social/physical distancing is working well. The air is crisply clean, like what you'd find in a very rural area, and families are out all over playing together outside, while maintaining distance from other households.
Outside of the are near NYC, I'd say CT is doing pretty well.
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Do you have a source for the "free rent for everyone"? This article published April 3 2020 disagrees.
https://ctmirror.org/2020/04/03/home...till-owe-rent/
"Like in most states, Connecticut’s courts have been ordered to
stop processing eviction requests from landlords. But tenants are still legally on the hook for paying rent even with the courts closed – and can face eviction when courts reopen for any rent they are unable to pay."
Conversely, "With the
majority of mortgage lenders agreeing to give landlords like Grauer three months off from paying their mortgage – and tack on the missed payments to the end of the loan – some are hopeful landlords will share the benefit with their tenants."
Looks like the landlords are getting the break(s).
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