I've heard evictions mentioned dozens of times throughout this entire situation, but somehow I never heard it explained as serious as in last night's John Oliver episode. Unfortunately, I and everyone else knew that evictions would begin almost immediately and steadily rise based off the amount of unemployment and other aspects of this pandemic, but I didn't put it together all the details that make the situation much worse than just "evictions rising".
If millions of people get evicted all at around the same time it's going to not only be heartbreaking, but dangerous. With nowhere else to go there's a good chance these people will end up in shelters with tons of other people. This is obviously a bad place to be in the middle of a pandemic. And health aside, this will badly hurt every single one of these people financially in ways that will affect them for years to come.
In the video Oliver spoke on a bill that could have at least helped the situation, but it of course was stalled by the senate. I just can't wrap my head around why this bill was stalled in May and why nothing was done to protect against this.. I get politics are tricky and move at their own pace, but it's insanity to not have passed the Hero's Bill or a revised version of it months ago. I didn't understand the gravity of it at the time, but I can't help but to assume the people deciding whether the bill got passed or not saw it.
Watched that one too. I was worried about that when that I saw moratoriums on evictions were only very temporary, and renters were provided with little to no protection in most places. Seemed like the situation was primed to blow up after a few months once the moratoriums were lifted, which appears like is exactly what's happening.
Congress needs to step in. This isn't an economic recession brought on by irresponsible markets forces. This is mandated shutdowns that result in people not having income to pay their bills, through no fault of their own. I think Congress should put a hold on all evictions for mortgages and rent across the board, for the next handful of months, and give money to landlords for tenets that provable can't pay due to shutdowns.
Obviously that would be a lot of money to shell out, but we are already so much in debt and printing money like crazy anyways. Why not help people and the real estate/mortgage/rental property industry?
WyattTown Wrote:Obviously that would be a lot of money to shell out, but we are already so much in debt and printing money like crazy anyways. Why not help people and the real estate/mortgage/rental property industry?