Americans Could Owe an Estimated $7.2 Billion in Unpaid Rent by December
If every unemployed worker had received the extra $600 in weekly unemployment benefits, only 125,000 households would be behind on their rent as of December, the study found… A new study suggests that Americans will owe billions of dollars in unpaid rent by...
Negative Side-Effects Of Protecting Renters From Eviction
The Federal CARES ACT passed in March protects renters living in properties with government-backed mortgages from eviction until July 25. While the intent of lawmakers might be to protect what they consider the most vulnerable in our society this sends a grave signal...
Unemployed Americans Are Making More Money Than They Did When Working
More than 26 million Americans have filed new claims for unemployment benefits in recent weeks, and a lot of them will now be bringing home much more money than they did while they were actually working. Needless to say, this is going to create a perverse incentive...
Mitch McConnell Says Struggling States Should File For Bankruptcy
Over the past month, the economic shutdown resulting from the coronavirus pandemic – which as we hear every day was “nobody’s fault” just to make sure there are no unpleasant mentions of moral hazard during the biggest bailout in history…...
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