Issue for landlords is people who are struggling will most likely pay little or no rent and reassess the situation in a few months time. Even if the landlord kicks them out after 6 months, it’s gonna be a game of risk finding good quality tenants to move in. It could just be a case of shuffling the deck chairs, that is, renters kicked out after 6 months are just moving into properties where renters were kicked out of.
Baby boomers will be complaining non stop about the loss of income. Combine this with dividend cuts & a lot of boomers will need to make lifestyle changes that will destroy their sense of entitlement
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