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lunatica

(53,410 posts)
Wed Apr 22, 2020, 01:45 PM Apr 2020

When dozens of millions of people are suddenly jobless

why the fuck are landlords and mortgage lenders still allowed to demand monthly payments at the risk of leaving millions of people homeless?

If business owners are being given money to keep their businesses afloat with the stipulation that they keep their employees, why not landlords being paid even a fraction of their rental income to keep their renters?

Everyone, and I mean everyone talks about people forced to keep continue paying their debts without any thought given to helping both the landlords and the renters. Why the fuck not?

And there should be a goddammed freeze on banks penalizing over missed mortgages and credit card payments and their gauging.

If people can prove to the government that they have been laid off because of the shut down then they can prove it to the banks and the mortgage companies and their landlords.

This would do more to ameliorate our pending economic collapse and it could keep millions and millions of people from lifelong ruin.



14 replies = new reply since forum marked as read
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When dozens of millions of people are suddenly jobless (Original Post) lunatica Apr 2020 OP
Contracts. elleng Apr 2020 #1
Your daughter's landlord should be helped for doing that lunatica Apr 2020 #4
My daughter's 'landlord' is a bank; she has a mortgage. elleng Apr 2020 #6
Well that's even better! lunatica Apr 2020 #8
It appears that some mortgagors are doing the right thing. elleng Apr 2020 #10
The smart ones are doing the necessary thing lunatica Apr 2020 #12
your husband's great grandfather was a great man renate Apr 2020 #9
Need "trickle up" econ policies! SheltieLover Apr 2020 #2
The fact is, who will they rent to if no one can go to work? lunatica Apr 2020 #11
True but SheltieLover Apr 2020 #14
Let's not forget those who were unemployed before this crisis hit, stopbush Apr 2020 #3
You're right lunatica Apr 2020 #5
Kick! sarcasmo Apr 2020 #7
Thank you. lunatica Apr 2020 #13

lunatica

(53,410 posts)
4. Your daughter's landlord should be helped for doing that
Wed Apr 22, 2020, 01:59 PM
Apr 2020

There are tons of stories of people helping each other during the Great Depression. My husband’s great grandfather owned a little store which he kept open and stocked from his own money in which he allowed families who had lost jobs to “buy” food. They just kept a running tab which he never enforced. After the Depression he lost the store because he was broke, but he was OK with it because he had helped his community survive.

elleng

(130,714 posts)
6. My daughter's 'landlord' is a bank; she has a mortgage.
Wed Apr 22, 2020, 02:06 PM
Apr 2020

I don't know what my grandfather did, he ran a deli in NYC during the depression, and then 3 of his kids served in WWII.

lunatica

(53,410 posts)
12. The smart ones are doing the necessary thing
Wed Apr 22, 2020, 02:14 PM
Apr 2020

Who are they going to rent to or give mortgages to right now? The buyers market is as dry as a dusty river bed right now.

renate

(13,776 posts)
9. your husband's great grandfather was a great man
Wed Apr 22, 2020, 02:09 PM
Apr 2020

It's so nice to hear about truly good and kind people, especially these days.

SheltieLover

(57,073 posts)
2. Need "trickle up" econ policies!
Wed Apr 22, 2020, 01:51 PM
Apr 2020

Let them compete for our business!

$ should go to families & USPS, but no. Yet another gigantic slush fund for repukes.🤬

lunatica

(53,410 posts)
11. The fact is, who will they rent to if no one can go to work?
Wed Apr 22, 2020, 02:11 PM
Apr 2020

People should simply not move out until they eventually return to work or get jobs. Even the courts are not in session now.

SheltieLover

(57,073 posts)
14. True but
Wed Apr 22, 2020, 02:19 PM
Apr 2020

slumlords can buy property foreclosed on for a fraction.

And, like the SX in WI, when big money snaps its fingers, somehow the courts are available. Police will then remove people & lock them out.🤬

stopbush

(24,392 posts)
3. Let's not forget those who were unemployed before this crisis hit,
Wed Apr 22, 2020, 01:56 PM
Apr 2020

especially the longterm unemployed. They were already suffering and worried about their futures. Their chances of finding a job are nil right now, and because they were out of work they can’t avail themselves of many of the government programs meant to help people thru this crisis.

lunatica

(53,410 posts)
5. You're right
Wed Apr 22, 2020, 02:03 PM
Apr 2020

No one needs to be forgotten. Everyone in this country can be taken care of. It’s a crime that they aren’t.

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