Quote:
Originally Posted by Gatordash
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The eviction moratorium was pretty much what everyone thought. Reports here in Las Vegas are that people just didn't pay rent for a year because they didn't have to. And now that the moratorium is up, instead of staying where they are and going through this whole government assistance program that we have heard politicians tout as necessary because these poor people couldn't pay rent due to coronovirus, they are just moving out and leaving landlords to pay for everything for the past year. The next breaking story will be when we discover that sending checks to people to do nothing makes them sit at home instead of go look for a job. Then the breaking story after that will be having a population that doesn't produce any GDP turns out to be bad and just printing money may not be the solution. |
There was a Seattle story about a dude renting (small) hotel rooms for $365/mo to singles("bachelor hotel"). But the moratorium meant he couldn't evict anyone so nobody paid and it got wrecked.
He went bankrupt and lost his business. Now the city took it over as $600/week low-income housing.
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