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Those landlords should get a real job in that case. They chose to treat housing like a speculative asset and it didn't go their way. Makes zero sense to me tha
by drekk 4y ago
Those landlords should get a real job in that case. They chose to treat housing like a speculative asset and it didn't go their way.
Makes zero sense to me that our pandemic response was about "keeping small businesses afloat" rather than keeping transmission low for a few weeks. I guess besides sacrificing grandma to the economy for $2 margaritas at Applebee's we should have evicted millions during winter so that landlords wouldn't be aversely affected by a pandemic. Weird how the eviction moratorium included aid for them as well, but I guess they were the real victims here and should have gotten more.
https://www.cnbc.com/amp/2021/01/25/nearly-20percent-of-renters-in-america-are-behind-on-their-payments.html https://www.cnbc.com/amp/2021/01/25/nearly-20percent-of-rent...
- briantakita 4y agoSounds like a great argument against the lockdowns, considering that the root of the problem was the lockdowns.
- sofixa 4y agoNo, the root of the problem was the pandemic.
- Soapysmith 4y agoNo, the root of the problem was death.
- briantakita 4y agoThe root of the problem is the technocrats in charge. This sh*tshow happened under their direction. People used to get fired (or worse) for doing a lousy job & spoiling the commons. Now they are given even more power, riches, & a ubiquitous voice in all matters.
- niij 4y agoStealing/nationalizing property, even for a year, results in higher costs to do business in the future due to the assumed risk. So I agree with you that this may have helped the single metric in the short term; there are long term consequences. That means as an individual you will either pay higher rent or be forced to buy. Many people would rather have the flexibility and no maintenance that renting provides.
- mullingitover 4y ago> Stealing/nationalizing property, even for a year, results in higher costs to do business in the future due to the assumed risk. It's a good thing that's not what they did, then. Making landlords wait to be paid for a limited time is not the same thing as "stealing," and furthermore there were billions upon billions in subsidies passed around to mitigate the effects of this very reasonable measure. It's telling that the best we can come up with to criticize the CDC's actions is "won't someone think of the landlords."
- niij 4y ago> Making landlords wait to be paid for a limit time is not the same thing as "stealing," They weren't being paid, that's the whole issue. If they were then an eviction moratorium wouldn't have mattered. > furthermore there were billions upon billions in subsidies passed around to mitigate the effects of this very reasonable measure Are government subsidies to corporations something you're supporting here? > It's telling that the best we can come up with to criticize the CDC's actions is "won't someone think of the landlords." Property rights are fundamental to a capitalist, free, society. If you want an economic system where property rights are ignored or where the government wholesale manages the economy then just come out and say it.
- mullingitover 4y agoThey were eventually paid. Source: my friend who is a landlord and was not adversely impacted at all in the pandemic. > Are government subsidies to corporations something you're supporting here? Actually, in the case I have direct knowledge of, this was direct subsidies to renters (via the Emergency Rental Assistance Program), who then repaid their landlords. > If you want an economic system where property rights are ignored or where the government wholesale manages the economy then just come out and say it. I believe we could have an economic system that is so rigid and inflexible that it can't respond sensibly to a crisis and instead forces society into a death spiral to protect capital, but that we're wiser than that.
- drdeca 4y agoeven accepting that, that isn't sufficient for it to be the CDC's proper role to make such a dictate?