I'm lucky enough to have remote work. And I'm sure many HNers have a nice buffer of savings from their tech jobs to weather the storm or are getting paid time off. But can anyone share what it's like to not be in either of these situations? How are your rent lords handling things? I live abroad in a cheap country so I can handle zero income, but I wouldn't be able to last long if rent was $2000+/mo instead of the Yet…
There's another political solution that would maintain the lockdown while preventing thousands of people from dying by reopening the economy: cancel rent. In NJ, they canceled mortgages but not rent, so the landlords get a free ride. In theory rents are "frozen" but they'll become due in September with back rent owed. No free ride for the landlord class. Cancel rent!
This is not true:
https://www.state.nj.us/dobi/covid/mortgagerelief.html
>Do I still need to pay my mortgage?
>Yes.
>Will I have to make up the mortgage payments at the end of the 90-day grace period?
>Yes, these mortgage payments will need to be made up by consumers. The Department has requested that forbearance payments be added to and made at the end of the life of the loan. However, consumers should contact the institution that services their home loan to understand the specific programs and terms available to them.