And what will California do for hurting landlords? Property tax waived until 90 days after Covid-19? We all understand the renters side but government refuses to see the landlords side. California may be trying to prevent homelessness but causes a massive case of homelessness in the future by killing off landlords.
>>California may be trying to prevent homelessness but causes a massive case of homelessness in the future by killing off landlords.
I think you miss the point. California HATES the idea of private property. After they bankrupt all the landlords they’ll buy up the proerties for pennies and turn them into public housing. They’ll leverage that into destroying the property values of private homes until the state has a monopoly on housing and can assign it “according to need” or at least “according to Marxist social score”.
I thought there was some kind of mortgage moratorium.