No, that's the complete opposite of what I'm saying. Keep paying rent if you can pay rent.
But I understand that it's extremely difficult for some people to accept a solution that's unfair for some individuals, even though it's the solution with the least amount of total negatives. As collective solutions tend to be.
How in the hell is anyone going to know if retailers or people can actually afford to pay rent?
"OMG everyone is going to totally take advantage of this!"
Not everyone, but yes, plenty of people and business will.
"OMG that's unfair."
Yes, I acknowledged that from the start. The whole point of my argument is that this might still be preferable to the alternative, it might still be better than sticking to what's 100% fair, because collectively we might emerge stronger from this crisis if struggling businesses are afforded leniency, while the rest of us keep paying our bills on time.
But thank you for perfectly illustrating my sidenote on how this way of thinking is completely alien to many Americans.
We have come to a compromise that keeps both parties fed.
You've bought an asset which is not returning as expected for the time being, but has for the past n years. What do you expect now, a bailout?
We wanted a free market for housing and ended up with EUR 500k studios in Paris. Can't people wrap their minds around the fact that house prices also go down?
I bet if you and your tenants got together, you could acquire enough food for all of you.
You’d buy groceries with your emergency fund. As a self employed person it is your responsibility to do this for yourself.
> You’d buy groceries with your emergency fund. As a self employed person it is your responsibility to do this for yourself.
Its everyone's responsibility to have an emergency fund. Why is the answer that the landlord should rely on his/her fund instead of the tennant relying on their fund to pay rent?
On either side of the table, I'd hope for the fastest return to an ideal situation.
Luckily my company is doing fine, and I can work from home, so my income is still stable. Hopefully that makes it easier for the guy I'm paying rent to, to be easier on his other tenants that can't afford to pay.
It's one of those "I might need it myself someday" kinda things.