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I'm not saying that will be for everyone, just that it is likely to be for many people, and those people may not be able to know if they're in that category unt
by mehrdadn 7y ago
I'm not saying that will be for everyone, just that it is likely to be for many people, and those people may not be able to know if they're in that category until it's too late either. Obviously some landlords will be understanding and defer/waive payments long enough that people can repay, but my common sense says that, as cruel as it might be, what I described will also happen to a lot of people. I imagine in those cases they'll get served with a pay-your-rent-or-we'll-file-for-eviction notice as soon as that's legally possible. And unless some legal barrier is placed, I expect many landlords will evict as soon as they're able so that they can get their own income and pay their own bills.
- otterley 7y agoThat legal barrier already exists - and the proscription is very broad. Why do you think we’ll just rip the bandage off instead of gradually phasing rent and mortgage payments back in?
- mehrdadn 7y agoHas there been a shortage of misgovernment recently that you think they'll take care of everyone, especially the poor?
- buckminster 7y agoThere has been no suggestion that this debt will be cancelled. If a family can barely make ends meet in normal times, how will they pay back several months' rent arrears? And what will happen when they don't?
- smichel17 7y agoI am having trouble understanding the landlord's perspective here. Say my tenant just missed 3 months of rent because they could not work during quarantine. Now, the economy reopens and they get their job back (yes, this is an assumption). Now they are able to pay rent but, because their job is not high-paying, they are unable to pay back the 3 months of debt. I can either waive the debt or evict and find a new tenant. But I lose the debt in either case, so why would I prefer to evict and have to suffer the hassle of finding a new tenant?