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> But what if the security blows up? Investors could demand their collateral back, forcing renters out of their homes, even if they never missed a payment. "We
by w4 11y ago
> But what if the security blows up? Investors could demand their collateral back, forcing renters out of their homes, even if they never missed a payment. "We could well end up in that situation where you get a lot of people getting evicted—not because the tenants have fallen behind, but because the landlords have fallen behind," says Baker.
I'm sorry, but what? This isn't how leaves work, or at least it isn't in most states I'm familiar with. No one is going to get evicted if investors demand their collateral back - the leases might not be renewed (like might happen with any other landlord), but the lease can't be terminated just because some investors gets antsy.