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re: What will happen when millions are unable to pay rent/mortgage?
Posted on 3/23/20 at 5:34 am to GleauxTigers
Posted on 3/23/20 at 5:34 am to GleauxTigers
quote:
Honestly? Revolution
Against whom, exactly?
Because I guarantee you the workers in apartment complexes aren’t getting paid enough to face angry mobs about to lose their homes. And I seriously doubt the ones who would Be called upon to evict them forcibly are going to be willing to do it when Everyone is in the same boat
Posted on 3/23/20 at 7:07 am to fr33manator
The Sherriff or Constable could simply refuse to even process the eviction requests by the landlord. Mortgagees are protected by pmi,etc up to 70 75 LTV so long as it is FHA,Fannie Freddie and I guess Ginnie Mae.
This post was edited on 3/23/20 at 7:09 am
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