eviction effect?
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Started by bear - Aug. 1, 2021, 8:52 p.m.

anyone want to make a guess about how much consumer spending (and gdp) will be effected as our eviction moratorium ends?  

i suspect that there were many working class people who were not paying rent,  and instead were spending money on consumer goods.  as the moratorium ends, and some folks have to find a new place and start paying rent again,... they will have less to spend on other things.  so consumer spending will take a hit.  question is how big?  

any thoughts ?   

By mcfarm - Aug. 1, 2021, 9:15 p.m.
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like most things big gov we may never know. I heard has been extended 4 times with number 5 coming shorlty

By TimNew - Aug. 2, 2021, 3:21 p.m.
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Rent is part of consumer  spending/GDP.

As an aside,  I can't think of a bigger infringment on property rights than forcing landlords to allow people to live in/on their property rent free.  And the CDC has no such authority,   nor does and portion of the federal government.

There is no legal, moral or ethical argument for it and you know it's being abused to the hilt.

We have far too many jobs available.  Anyone who is not working is choosing not to.