So here’s a question. Do you think our government should provide a moratorium on mortgages during this virus or not?
If so, how is this different than back during the housing crisis of 2009 many piggs were saying we should just let people lose their homes who can’t make mortgage payments?
Personally, imho this time is different in that many people could not “prevent” this thing from happening and it wasn’t an issue about moral hazard. So if that’s the case, I don’t anticipate a sudden wave of panic selling, except maybe in places where the recovery would take longer than average.
That, our everyone sues China. They have money :).
