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Also a subsidy to landlords that would simply raise rent by the forgiveness amounts.
by jfghi 3y ago
Also a subsidy to landlords that would simply raise rent by the forgiveness amounts.
- oddtuple 3y ago[flagged]
- warning26 3y ago[flagged]
- oddtuple 3y agoI thought we were talking about student loans?
- deleted 3y ago[deleted]
- deleted 3y ago[deleted]
- jfghi 3y agoWhy not? They have access to credit data and are able to adjust pricing close to what is affordable. Much of the rental market is consolidated by 10-figure firms running similar sets of algorithms.
- oddtuple 3y agoBecause there is no new money being created, no one is being paid more, that amount is already being charged because the students already have that money as they aren’t paying loans. Also, if they were paying loans, there would still be the same net amount of money in the system