3 ms·
True; rent should be suspended due to the crisis. The mechanics are tricky, and much worse, I have no hope of the actual policy leadership required to see this
by saidajigumi 7y ago
True; rent should be suspended due to the crisis. The mechanics are tricky, and much worse, I have no hope of the actual policy leadership required to see this through here in the US. We're like an off-road vehicle with a suspension system built of cheap glass.
- novok 7y agoIt will be a cascade. Rents is often backing a mortgage, so mortgages need to be suspended, mortgages backed by bonds and deposits, so interest repayments in people's retirement accounts need to be suspended and so on.