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PPP ($1T), EIDL ($300B), Stimulus Checks ($400B), Restaurant Revitalization Fund ($30B), EDD/Unemployment ($300 + $600 = $900/week per person) vs $5B ($45B extr
by dntrkv 5y ago
PPP ($1T), EIDL ($300B), Stimulus Checks ($400B), Restaurant Revitalization Fund ($30B), EDD/Unemployment ($300 + $600 = $900/week per person) vs $5B ($45B extrapolated to the whole country) for landlords.
And the landlords were the only ones that were required to continue providing service without being paid.
- sushid 5y agoWhy are you including federal loan programs and stimulus checks when we're talking about a CA program that benefits only landlords? These are also programs that landlords would have already directly and indirectly benefited from.
- dntrkv 5y agoThis program benefits the tenants who owe back rent, they indirectly benefit the landlords. Otherwise, the landlords can sue/evict those tenants with the repercussions associated with doing so. California stepped up to prevent this. Other states that don't do this, will have a lot of pissed off landlords and homeless people. Most landlords are individuals with 1 or 2 properties and would not qualify for PPP, EIDL, Restaurant Revitalization Fund, or the Shuttered Venues Grant. And even if there weren't programs focused on helping other industries, the way landlords were affected is unique since they had to continue providing service for free. Were restaurants required to continue feeding people throughout the pandemic with no pay?