4 ms·
Placing the burden on landlords will unintentionally lead to greater concentration of wealth. Property owners with mortgages will be forced to sell (at a loss,
by pouty-gazelle 7y ago
Placing the burden on landlords will unintentionally lead to greater concentration of wealth. Property owners with mortgages will be forced to sell (at a loss, if there is a glut of properties on the market). The buyers will be those who already have a lot of cash, or who are otherwise in a strong enough financial position to wait out the crisis.