4 ms·
We're getting a little off-track here. The parent claim was that a high percentage of renters implies an increase in unemployment would leave many homeless, wh
by moduspol 9y ago
We're getting a little off-track here.
The parent claim was that a high percentage of renters implies an increase in unemployment would leave many homeless, which might increase civil unrest toward rioting aimed at the wealthy.
I'm saying the vast majority of renters would be in the same boat as mortgagers, which is that they won't lose their jobs. Of the minority that do, they may miss or be late on some payments, but ultimately recover and continue living there as they find another job or make other arrangements. The number who would legitimately become penniless and forced to move is small, and we have public housing available for those affected.