Weatherman2020
Diamond Member
One of the reasons why the public outcry over the pandemic restrictions has been so muted is that the full costs of the lockdowns are often obscured by government edicts that prevent markets from making those costs known. Last weekend the socialist experiment of free rent ended.
As many as 1.95 million households across America owed a collective $15 billion in back rent when a nationwide eviction moratorium expired this weekend, according to Federal Reserve Bank of Philadelphia estimates.
That number will reach 2 million by December, according to the report released Friday. In Pennsylvania, about 60,000 renter households will owe $412 million come August.
All according to plan.
“Hey, let’s give everyone enough money to pay their rents. At the same time, we will tell them they cannot be evicted for not paying their rent”
They knew exactly what they were doing. Setting a timer, on a bomb.
There will be few rentals in the future, only an idiot would take the gamble the government won’t do it again. I am laughing at all the millennials with no affordable rentals available who think socialism works.
As many as 1.95 million households across America owed a collective $15 billion in back rent when a nationwide eviction moratorium expired this weekend, according to Federal Reserve Bank of Philadelphia estimates.
That number will reach 2 million by December, according to the report released Friday. In Pennsylvania, about 60,000 renter households will owe $412 million come August.
Nearly 2 million households owe $15 billion in back rent as eviction moratorium expires
The Supreme Court ruled that “clear and specific congressional authorization, via new legislation would be necessary” for another extension.
justthenews.com
“Hey, let’s give everyone enough money to pay their rents. At the same time, we will tell them they cannot be evicted for not paying their rent”
They knew exactly what they were doing. Setting a timer, on a bomb.
There will be few rentals in the future, only an idiot would take the gamble the government won’t do it again. I am laughing at all the millennials with no affordable rentals available who think socialism works.
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