In mid-April, Representative Ilhan Omar introduced legislation to cancel rents and mortgages for the duration of the public health crisis. The legislation would also offer financial relief to tenants and small landlords, and establish a fund to finance the purchase of private rental housing by local governments, public housing authorities, nonprofits, and community land trusts.Don't really see anyone advocating for that sort of land use policy locally. Maybe ask the nearest "founding entrepreneur" what they think.
In addition to its legislative cosponsors, the bill has been endorsed by over three dozen community and labor organizations.
A statement on Omar’s website emphasizes that “due to layoffs and mass unemployment, renters and mortgage holders are accruing mountains of debt, despite many not having a steady income for the foreseeable future. We must take bold action now that extends the same financial assistance and protections to our struggling citizens as has been offered to profit-driven corporations.”
Unlike many of the mitigation proposals advanced by other lawmakers, Omar’s bill not only addresses the cause of the current eviction crisis, but lays out a path to eliminating housing insecurity and ensuring housing as a right. That’s exactly the right approach. Unless we cancel rent and mortgage obligations during the pandemic and enact policies to guarantee housing for all, we will be placing the burden of the coronavirus pandemic on those who can least afford it.
Thursday, July 30, 2020
What could we do differently that would be better?
In a word, everything.
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