Hacker News Reader

"That's just for the 50% of NYC tenants in rent stabilized units—overall, the city's tenants are about $2 billion in debt"

Wow, from TFA, an average $6,000 per case. Something big is coming.

We’re seeing the true cost of lockdowns here.

Quite the opposite, we're seeing the true cost of "lockdowns" here.

Personal bankruptcies, as far as the eye can see. Worse, many landlords won’t rent to someone with an eviction on their public record.

I would expect far more federal fiscal policy support will be necessary, far beyond the $1.9 trillion bill Biden proposed this evening.