And will the State of California also forego foreclosures of rental properties because of unpaid taxes?
That and the cascade effect in the financial system when property owners with renters not paying walk away from their mortgages.
LOL
This reminds me. I gotta pay the rent.
BTW the owners tried selling last year the 36 unit apartment building for $6.1 million. They had one possible buyer who backed out of the deal. He must have seen how many repairs he was going to have to make!
I was told there are no takers this year as they would not be getting paid by the renters. They in turn would end up defaulting and the bank wins.