Read the full story here Web Link posted Tuesday, December 8, 2020, 5:57 PM
Town Square
Lawmakers weigh moratorium extension as eviction cliff looms
Original post made on Dec 8, 2020
Read the full story here Web Link posted Tuesday, December 8, 2020, 5:57 PM
Comments (1)
a resident of Old Mountain View
on Dec 8, 2020 at 6:54 pm
Steven Goldstein is a registered user.
It about time that someone is seeing how long this situation is going to take to potentially recover.
I agree that the mortgages should be put on holiday for these landlords too, as well as property taxes. Perhaps allowing landlords to submit their accounting for independent review so that they can receive what funds for rent necessary to cover all other expenses. But the reality is that if we keep going like this the next tsunami wave of a great depression will hit CA let alone the World.
But the grim reality is that the employment climate in CA is not going to get close to pre COVID for at least 2 to 3 years.
The plans for this reality should be adopted ASAP.
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