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Moratoriums are a way for governments to spend other peoples money for political gain. Governments will never get tired of this. The job of an economist is to r
by cjbgkagh 4y ago
Moratoriums are a way for governments to spend other peoples money for political gain. Governments will never get tired of this. The job of an economist is to rationalize what the government wants to do anyway. There is also the added benefit that it disproportionately hurts landlords with a few houses and helps the institutional investors who also happen to be donors.
- bjelkeman-again 4y agoI think the people it hurts the most are those being evicted.
- cjbgkagh 4y agoI’m having a hard time making sense of your comment. Moratoriums are a wealth transfer from smaller landlords to tenants and institutional landlords. They cannot last forever as eventually small landlords will run out of wealth.