Rent Moratorium - Short & Long-term Consequences
With the stroke of a pen, government canceled a portion of private contracts between landlords and tenants - i.e. requirement to pay. Would love your wisdom and insights. Why/How can they do this? What do you see as the short and long-term ramifications, both legally and for the real estate market. Thanks!
Most Popular Reply
It's all a power play. The government knows that real estate holders also hold power and that supporting landlords doesn't support their plan to keep the population under their thumb.