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That's why you should support rent strikes and the temporary shutting down of evictions and removal of utilities being cut off Those people out of work are sig
by Der_Einzige 7y ago
That's why you should support rent strikes and the temporary shutting down of evictions and removal of utilities being cut off
Those people out of work are significantly less in trouble if they don't have to pay rent
Landlords are in significantly less trouble if they don't have to pay their mortgages.
That's all you have to do to help out Americans out of work (along with unemployment)
The stimulus bill along with local and state government's are already doing most of this...
- downerending 7y ago> rent strikes One of these things is not like the others.
- Der_Einzige 7y agoGotta be subversive somehow ️:)
- downerending 7y agoWell, I am a big fan of subterfugue after all.
- tathougies 7y agoUm no. Pension funds rely on interest from banks (collected from mortgages and other debt-based securities) to pay out senior pensions. People rely on interest from banks to pay their annuities. Banks rely on mortgage payments to be able to have cash on hand to give to customers withdrawing money. I don't disagree that we will have to figure out how to make all this works without collecting 100% of mortgages, but the idea that it's so easy is crazy.
- madengr 7y agoUntil the banks foreclose on the rental property and evict them anyway.