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> First, we pause all fixed financial obligations, which are what’s crushing our economy right now. Right now, we’re in a crunch: people can’t work, and so they
by ccktlmazeltov 7y ago
> First, we pause all fixed financial obligations, which are what’s crushing our economy right now. Right now, we’re in a crunch: people can’t work, and so they can’t make payments on mortgages and rents.
Totally agree, it is insane that some families are under the threat of eviction because they live paycheck to paycheck and cannot afford to pay rent now. Same for small businesses who cannot afford to pay rent.
I'm sure some landlords will do the right thing, but we can't trust all landlords to do the right thing. Something has to be done at the federal level, and it's now or never.
UBI would be another way to get around this BTW.
- ip26 7y agoIt isn't about landlords doing the "right thing". Landlords have debt to pay, generally aren't sitting on mountains of free cash, and foreclosure of the property you are renting is functionally similar to eviction.
- noahtallen 7y agoThis is why the article discusses "pausing" these types of payments for everyone from the average person to fortune 500s. If the Landlords are in a similar position (i.e. their "rent" and other debt payments are paused as well), then they have the power to pause rent payments for their residents.
- ccktlmazeltov 7y agoto re-iterate the other comment: landlords have landlords.
- akiselev 7y ago> First, we pause all fixed financial obligation Keyword: all. That includes landlords' financial obligation to their landlords. And their landlords. And their landlords. And their landlords. Ad infinitum.