Originally published at: https://boingboing.net/2020/03/30/cancel-the-rent-projected.html
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My legs have been sore from walking when I would have taken public transit before. I am becoming a germophobe.
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Cancel the rent is a good one. It should be followed by stop mortgage payments. Then when the banks get antsy and want a bail out? Give the money to the renters and home owners. They still have to pay those bills, and their equity will go up. Not the f’ing banks.
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Our two lending banks have given us 90 day mortgage postponement, that is to say the those payments are tacked onto the back end of the loans. Mission Federal Credit Union, and Mr. Cooper Mortgage.
BTW: We renegotiated the rent amount with our tenants to just cover the mortgage until this shit virus blows over…
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El Salvador
El Salvador’s president, Nayib Bukele, who ordered a three-month freeze on payments including mortgages, rentals, credit cards, and utilities, among others…. “The most important thing about this crisis is to stay at home. And if people don’t have to pay bills or mortgage they’ll stay,” says Bukele, whose plan is designed in a way that his citizens won’t need to repay all at once.
France
Macron also announced rents and gas, water and electricity bills would be suspended. No French citizen would be left without resources, he added.
Ireland
Currently, a rent-price freeze is in place, as well as a ban on evictions, and both will last for three months.
New Zealand
The Minister of Finance announced on 23 March 2020 a freeze of rent increases and an extension of no-cause terminations. This has been applied as law through the COVID-19 Response (Urgent Management Measures) Amendment Act.
Australia
from https://thebrag.com/nsw-has-the-power-to-ban-evictions-and-freeze-rents-amid-covid-19/
The NSW [New South Wales] Parliament passed The COVID-19 Legislation Amendment (Emergency Measures) Bill 2020 earlier today. The bill will allow the Housing Minister to ban evictions for renters and commercial tenants through regulation. It also empowers the minister to call for rent freezes.
Canada
The Manitoba government announced a rent freeze and a suspension of non-urgent eviction hearings Tuesday to help people cope with the economic fallout of COVID-19.
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ahem Brilliant!
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There is an ancient concept of jubilee when all slaves would be freed and all debts forgiven. Can we have at least a partial jubilee? It could be tied to rent forgiveness and other similiar things.
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Fuck yes
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Yeah the OT is pretty clear on this, at least for non-gentiles.
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I got a message from my credit card here in the US that I don’t have to make a payment until June with no penalties or fees.
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There is a great idea. Give the bailout money back to the people who worked for it in the first place!
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Desperate things demand drastic actions. This is basically what these people are stressing with their demands.
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We did a similar thing on our house, lucky for them our mortgage is from when the homes were 1/4th of the price so although we cut their rent in half it still covers the mortgage plus we don’t completely loose all that income we depend on.
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