After 6 months she agreed she was going to start paying (September 2020). She had a job, she had stimulus and she was buying nice TVs and stuff.
She never started paying again. The “government said she didn’t need to”.
My friends parents owe taxes, had to make repairs, have to pay insurance. They are out at least ten thousand dollars. At the same time, they are out of work.
What are they supposed to do? Sell to black rock, who are getting free funds from the FED (ie their taxes)?
https://strangesounds.org/2021/07/blackrock-is-buying-up-us-...
Landowners are typically nice, small time people who are renting out an old home. They take care of everything the renter doesn’t want to and in return receive a fee. The landlord takes all the risk.
You’re basically saying “bankrupt the grandma and grandpa, because young people would rather buy meme stocks or TVs than pay rent” that’s not all cases, but the government did give out thousands in free money for the unemployed. The dominos by me in a rural community is offering $25/hr + tips and can’t find people to work. There are job openings everywhere and I think people can make it work.
There’s not a great solution, but saying the landlord is on the hook when the government is supposed to represent everyone is not reasonable.