Posted on 04/25/2020 7:37:10 PM PDT by Libloather
PHILADELPHIA (CBS) - The Philadelphia Museum of Art was a scene of a protest on Saturday as demonstrators say they cant afford to pay rent because of the coronavirus pandemic. Theyre demanding that the payments are canceled.
Protesters say they cant work and just dont have the money to pay rent, but landlords are naturally pushing back, saying not so fast.
May 1 is less than a week away and with any calendar turn, come bills.
If we cant work, we cant pay and that the dignity of our people is of the utmost concern, Lia Ferrante, with the Party of Socialism and Liberation, said.
Renters and landlords alike are worried about the new month.
A nationwide Cancel the Rent protest came to the city on Saturday as the Philadelphia Tenants Union, the Party of Socialism and Liberation, and others protested paying for housing through the duration of the COVID-19 pandemic, asking for rates to remain frozen as well to prevent landlords from recouping losses.
People dont bear this burden because people have lost their jobs and people dont have the money now, theyre not going to have it three months worth later down the line, Ferrante said.
The protesters also want zero debt accumulation to landlords and banks.
(Excerpt) Read more at philadelphia.cbslocal.com ...
Who else is landlord going to get?
This operation attacks everyone with the goal to make them all need the government to pay.
end the farce. end the lock-downs.
From Rocky Balboa to Fred Sanford? Now you understand how Rome fell!
this has to end.
building owners and landlords have bills to pay that depend on incoming revenue as well.
What about those $600 a week unemployment payments?
all of this divide and conquer crap pitting groups against groups is exactly what the libtards have been exploiting this for, among other things.
keeps peoples anger focused off of THEM.
Landlords will send a similar message to the banks. Banks will send a similar message to the government. Government will print money. Renters won’t understand why it takes more and more money to get by. But they’ll vote for whomever promises to print them even more of that money.
Count your blessings. I live alone in a 3br house. Waiting for others to show up suitcase in hand. If they’re pretty perhaps we can work something out.
Like property taxes.
not all landlords completely own their rental properties either...
No kidding, my self employed brother-law-law lost all his jobs, and he and his wife, own three homes which they rent out. It is now their only source of income.
Actions have consequences........
Time for the next wave of the crash. Then landlords default on mortgage. Then real estate crashes.
It’s a cycle, and once started, it’s about impossible to stop. Even if back to work started tomorrow, fewer people buying stuff will keep a wet blanket on GDP. A chain reaction was started, and it will have a life and mind of its own. And momentum.
Each job supports how many? Include supporting government workers, who will then lose their jobs, too. Just later. Due to lack of revenue. It will snowball, and keep itself going until it hits bottom and there is nothing left to lose, for probably 60-80,000,000 people, all told, moving from middle class to poverty.
I don’t think even Trump can save us from a depression now.
Gigantic mistake, Mr. President. Compounded every day the lockdown continues. Every. Single. Day. Hurts. Badly. 800,000 jobs lost each day. Every day.
May 1 is going to be huge this year. HUGE
And its going to be like the opposite of normal - where its a communist lovers holiday
Oh no! This is going to be rallies for freedom all over the United States of America ! against oppressive government!!
Alternatively, you can't get blood from a stone.
The tenants don't have jobs, and thus no money.
If the landlord were to evict the tenant for non-payment, it's not like they are going to have a new tenant ready to move in in the current environment.
Not just rent, but electricity, food, and water bills are circling out there too.
Truly an odd dynamic in play that does not have an easy solution.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.