@emaytch I was talking to the leasing guy today while I toured the apartment and he was talking about people not paying rent because of the moratorium.
I was definitely cackling in glee internally
@emaytch the real estate market worldwide is worth $270tn.
The debt on that real estate is worth $201tn, of which $10bn a day is accruing (possibly more).
There are some landlords I believe should be cross examined for bad practices pre-pandemic anyway.
Businesses are shutting down in the tens of thousands, putting thousands out of work.
Depriving responsible landlords of capital will cause even more people to become homeless by October.
Right now, 30m stand to lose their homes.
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