(no title)
rrivers | 5 years ago
Also your argument that they imposed lockdowns that were economically destructive and caused death is exactly the opposite of what we know to be true as evidenced by the countries that successfully implemented lockdowns initially and slowed the spread. It's these types of mental gymnastics that represent our failure as a nation to combat this.
TuringNYC|5 years ago
Like, imagine I have a bug in my Production hospital billing system, and instead of looking inwards, I decided to say “there is now a moratorium on car sales — they sell cars which cause accidents which land people in the hospital, to hell with the dealerships — those dealerships are investments and deserve to lose!
heavyset_go|5 years ago
That's a odd choice of words to describe policy that is preventing people from dying from exposure during the worst pandemic in a century.
thelean12|5 years ago
We do that all the time. Major industries are bailed out all the time by the government with negligible interest loans. We've literally done that in COVID times already.
We should have deferrals up the chain if the government is preventing people from working.
bitcurious|5 years ago
Unless you can change the reality that rental properties are investments, making them artificially riskier will reduce new housing construction and lead to less affordable housing overall.
ironickat342|5 years ago
Once your investment has renters and a legal document it's a contract and a business. And the person that signed the lease made an agreement and the gamble is almost over, now the issues you have afterward are quite risky ( maintenance, evictions, and etc ). I am glad the CDC is stepping up to stop people from being kicked out during issues of business being closed. But a contract is in place which ends the fact its an investment and turns into a structured business.
AlexTWithBeard|5 years ago
Well, I think if you are changing the rules of the game, then you ought to compensate my losses.
The government essentially expropriating your investment is not a part of traditional risk profile.
djbebs|5 years ago
__blockcipher__|5 years ago
evgen|5 years ago