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> Is the assumption that all/most landlords have infinite money Individually, no. As a class, yes. Property rental seems a lot like a Subway franchise in this

> Is the assumption that all/most landlords have infinite money Individually, no. As a class, yes. Property rental seems a lot like a Subway franchise in this respect. If one property owner becomes insolvent, the property will be sold to another person who is not. The tenant might be evicted by the new owner but, on average, probably not. Edit: pardon my obscure Subway reference. Subway franchises are notorious for going out of business with incredible frequency. You'd never notice because an insolvent franchisee's best option is to sell the operating business to another, solvent franchisee. Subway arranges the sales. Then Subway sells more franchises with statements to the effect of "80% of locations have been operating for over 20 years" (not their actual words).

JPKab 5y ago
> Individually, no. As a class, yes. Elevating group identity over individuals is the root of some of the most evil activities in human history. It should be noted that individual human beings who moved to a new home and chose to rent their old home got burned by this moratorium as well. Often getting put in a situation where they were forced to foot the full bill of two mortgages, with no end in sight. There was a well-reported case of a terminally ill cancer patient who lost all of her income when a tenant in her split-level home stopped paying rent by abusing the moratorium. Your Subway example was hilarious, BTW. I've seen that happen so many times lol.