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> * though the government has been derelict so far in making these payments. So why would landlords prefer a program which pays no money? Better to be rid of t

• gumby 5y ago
  The money has been allocated, payment has been slow. Which is both in law and in practice different from “pays no money”. This is like the first round of COVID support forgivable loans: didn’t manage to start up right away. Now it won’t be available at all.
  • babesh 5y ago
    Even if you assume that the money will come, you would have lost the opportunity cost of the money. Also in the meantime, if you had a mortgage on the property, you would have to make up that income on your own which is a double opportunity cost. In the meantime, inflation is running over 5%. If you look at SF apartments, you will see many landlords who are selling at what seem to be low prices. Of course, SF and the surrounding Bay Area are affected by remote work as well. It doesn't seem to be a good time to be a landlord in this area?
• bawolff 5y ago
  Tennants who can't pay also probably are less respectful of the property. Not like they have any money to lose if they wreck the place.