4 ms·
It's a bit disingenuous to say the government took her property and allocated it to someone else's use. The government, during an emergency, disallowed eviction
by ryan_lane 5y ago
It's a bit disingenuous to say the government took her property and allocated it to someone else's use. The government, during an emergency, disallowed eviction, but didn't cancel rent. The rent is still owed.
I'm not spinning this as a speculative business gone wrong. I'm saying it's a business, and like all business there's risk. Have you ever done contract work, then had to chase the client down for months for the money? Do you have any idea how bad accounts receivable is in a normal business? Sometimes things unexpectedly go wrong, and businesses go out of business.
If I need to choose between a business going under, and millions of people becoming homeless, it's a pretty obvious choice. It becomes even more obvious when you consider the fact that letting millions of people become homeless also crashes the rental market, as prices would plummet.