*via US Census Bureau - some 15M individuals (6.5M renter households) are behind ~20B cumulatively on their back-rent w/ over >70% due to smaller ‘mom-n-pop’ landlords (aka middle class rentiers)

The gov’s eviction-freeze policies are breeding moral hazard + resentment..

P1
.. As usual - the gov’s shortsighted policies create waves of unintended cons.

At moments like this it’s important to read Fredric Bastiat’s classic book on economics👇🏻

As he noted: beware what is seen (the renters being helped) vs what is unseen (small landlords suffering)

P2

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Adem Tumerkan

Adem Tumerkan Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(