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...either bail out tenants or landlords and banks. Not quite. This crisis will be handled just like the last one. No tenants, homeowners, or landlords will be
by jessaustin 6y ago
...either bail out tenants or landlords and banks.
Not quite. This crisis will be handled just like the last one. No tenants, homeowners, or landlords will be bailed out. That they go bankrupt and have their property repossessed is the whole point of the exercise. Big lenders will get the bailout on top of the collateral.
- tehjoker 6y agoYou're probably right. The banks are the ones the bet on.