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>> 2. For landlords who cannot sustain the loss of cash flow, offer to buy them out at market price and then hire them as property managers for their previously
by dba7dba 6y ago
>> 2. For landlords who cannot sustain the loss of cash flow, offer to buy them out at market price and then hire them as property managers for their previously owned properties.
But who's going to decide on the value? And pay for it? If the goal is to help US population, why not just use that money and give to others with less wealth? Because money given to those without savings will definitely be put back into the economy.
A big chunk of money given to one person will most likely sit in a savings acct or something like it...
- ethanbond 6y agoPrice is set by the declared value of the land on the most recent tax filings. Add 10% for safe measure. This would cost nowhere close to the trillions of dollars that we’re printing to hand out to large corporations, banks in transaction fees, and then, of the little money that does make its way to consumers, the vast majority of that going straight to landlords.
- WalterBright 6y agoThe wealthy have all their money invested in the economy, not Scrooge McDuck cash vaults.