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A significant percent, (I want to say most, but I don't have the numbers), of rental properties are covered by mortgages or other financing. "Pausing" mortgages
by ed312 7y ago
A significant percent, (I want to say most, but I don't have the numbers), of rental properties are covered by mortgages or other financing. "Pausing" mortgages can be done in a fairly centralized manner. Pausing rent is almost impossible because everyone has an individual contract and there isn't a central clearing house. It's a hard problem.
- int_19h 7y agoAll it takes to pause rent, is passing a bill that says so. The reason why landlords can collect rent is because the government will enforce their property right and help them evict tenants who will not.