5 ms·
> The income from the landlord is payment for his/her obligations Read my post again. The rent holiday goes hand in hand with a debt holiday. That's the only w
by markdown 7y ago
> The income from the landlord is payment for his/her obligations
Read my post again. The rent holiday goes hand in hand with a debt holiday. That's the only way this works. Tenants don't have to pay rent, and landowners don't have to pay a mortgage.
Sure some businesses will fail as a result of this, but far more (on a massive scale) will fail if you don't do this.
- imtringued 7y agoI don't think you've thought this through. What are the banks going to do if they don't receive their payments? How are you going to bail them out? With a loan? Why not give that loan to those who need it instead of kicking the can down the road?
- vkou 7y agoYes, with a six-month, zero-interest loan. We are already handing those out like candy, to deal with bank liquidity problems.
- markdown 7y ago> What are the banks going to do if they don't receive their payments? They'll be bailed out by the govt as usual. Which is the point.. the govt has to keep humans fed and housed through this. This is the best way to achieve that end. Kicking the can down the road is exactly what needs to be done. The economic problems and readjustments can happen later. The immediate problem is people fucking dying.