| Comment | Yeah, that's the big IF.
For the vast majority having a mortgage & owning a property, even on furlough, is a better situation than renting.
It takes a lot longer for a bank to foreclose on a homeowner than it does for a landlord to evict, and as you say, if a LOT of people are in that situation I think we are likely to see some degree of 'help' being offered, either by the government, or by banks themselves trying to protect their own losses. |
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