Here in America many or most places are disallowing evictions and foreclosures until May 31st. But this will have to be extended until further notice to prevent an epic catastrophe.
The rents and mortgages are being deferred until May 31st - after that you will get an invoice from your landlord or bank for all past due rent and mortgage payments. Many thousands or millions of people will not be able to pay this. What is going to happen?
Our government has approved a $2 trillion economic stimulus plan, but each individual is only going to get $1,200. That isn't going to be nearly enough. So many people are going to need far more than that to prevent widespread homelessness. I feel that another much larger stimulus plan will be necessary this summer.
I guess we could discuss this and maybe how I am exaggerating the situation or maybe it could be even worse than that. I just don't see how massive homelessness can be prevented unless someone or something else pays the rent or mortgage.
The rents and mortgages are being deferred until May 31st - after that you will get an invoice from your landlord or bank for all past due rent and mortgage payments. Many thousands or millions of people will not be able to pay this. What is going to happen?
Our government has approved a $2 trillion economic stimulus plan, but each individual is only going to get $1,200. That isn't going to be nearly enough. So many people are going to need far more than that to prevent widespread homelessness. I feel that another much larger stimulus plan will be necessary this summer.
I guess we could discuss this and maybe how I am exaggerating the situation or maybe it could be even worse than that. I just don't see how massive homelessness can be prevented unless someone or something else pays the rent or mortgage.
via International Skeptics Forum https://ift.tt/3bDbHWq
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