Ok so not that I necessarily am doing this but friends are. They wont cancel student loans so whatever.....
They cant evict you. DONT pay rent. I haven’ in like a year. SAVE that money. An eviction is bad on credit. SOOOOO just ride it til the final month then just move out voluntarily, pay the original break contract fee.
You bank thousands of dollars and no eviction on record. Thank you President Biden, landlords have abused and oppressed us for centuries, its past time we have universal housing
Right, an a-hole.
But, you aren't. Your trolling and presenting, what we might call a "false flag". Whether this is true of false is irrelevant. Either way it makes you an a-hole. You are an a-hole for doing it or an a-hole for validating it.
The point of the program is as much to protect property owners during the recession as it is to help renters who cannot meet their obligations.
"SB 91 also establishes the State Rental Assistance Program to allocate the $2.6 billion in federal rental assistance California will receive. The program will target aid to income-qualified tenants most at-risk with unpaid back rent. Assistance will also be extended to property owners who agree to waive 20 percent of unpaid rent. By agreeing to this waiver, property owners will become eligible for 80 percent in rent reimbursements for amounts owed between April 1, 2020 and March 31, 2021."
The free market, as a foundation to the economic process, which is about the allocation of resources, is not perfect. Contrary to the idiots that spout "It's just ECON 101" and have never actually taken a course in economics, the model of supply and demand is the introductory chapter of micro-economics. The rest of Econ 101 is an analysis of all the ways that it is inadequate to fully describe economics. The free market and the ideal forces of supply and demand require that there be a large number of players. Monopolies and oligopolies, for instance, are a simple example of how the first chapter of ECON 101 presents an oversimplified model of the free market. Monopolies, natural or otherwise, control prices. Recessions are a failure, due to internal and external shock, of the economy running efficiently. In 2009, the credit markets failed due to speculation in the housing market. In 2020, COVID interrupted our ability to be in personal contact with each other.
The economy is a loop. Money has to flow around the loop for the economy to function. As it flows, the time spend by people, producing and distributing goods and services, is accounted for. To be clear, nature provides the resources for free. The cost of a product is not the cost of the materials which are sourced from the environment. The cost of the product is the time spent by people collecting, processing, and distributing those materials. The Sun provides energy for free. Land just exists. Trees grow. Someone cuts the trees, creates the wood, stores and ships the lumber, constructs housing, maintains property. That is time spent and that time is accounted for by money.
Unoccupied property is waisted resources. To account for time spent, accounting in the economy has rules. If you use a good, if you occupy property, that has to be accounted for and the time of the person that owns and maintains that property needs to be accounted for. He can evict, but then he has an empty building that he still needs to maintain. Except now that effort is no longer accounted for. It is time spent for no current economic benefit to anyone. At the same time, given a recession, the demand for rental property is down. The economy is feedback system and recessions are self-reinforcing. The owner is losing money on lost rents. He can't pay his mortgage. Credit markets tighten. He can't sell or is forced to sell at a loss. The flow of money is restricted, the recession deepens.
The entire point of the rental assistance is to prop up the market, to keep it from worsening, while the natural forces of supply and demand are able to recover. You are looking at it backwards, a myopic view. There are two sides to the coin in supply and demand. There is a buyer AND a seller. When demand falls, suppliers are left unable to sell. The flow of money is decelerates. Rental assistance is about maintaining that flow at a level that it is when the economy is functioning well. The economy is not money and money is not the economy. Money is a very lousy measure of value but it is the measure we have. The measure is not about the static quantity of money, it is about the flow of money. That flow represents the flow of goods and services in the opposite direction. When money stops flowing, unless we want to return to the inefficiency of a bartering economy and start from square one, then that flow needs to be maintained.
Yes, there will be cheaters, like yourself. And that is unfortunate. There always has to be someone looking for a way to game the system. But that's ECON 201.
