And someone making minimum wage who is now claiming they can’t afford the rent, they probably couldn’t afford the rent even before covid…And that’s not a problem with this Pandemic’s economic impact. It’s a problem with the shitty tenant pool a landlord’s properties are being rented too even before covid. Those landlords were bound to have problems for any reason that the economy contracted…. In fact, if anything, the coronavirus gave these landlords that operate in the shittiest tenant pool submarket a temporary lifeline for the next few months, something they would have long been screwed over if the economy had a natural recession with no bailout. Me thinks these landlords that rent to the shittiest submarket are the first to get screwed and should be thankful for all the government cheese that is temporarily holding them over. (with emphasis on temporarily)
In fact, this is probably one of the few times that it’s better to be an employee than a business owner…Government UI benefits and other cheese benefits seem to be a lot easier to get for individuals than businesses and people on these weird ass non-worker non-salaried employees. Like I said, welcome to United States of France. Interesting times.