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by mindslight 2142 days ago
Suspending evictions means the debt is still piling up, so the threat of needing to eventually pay or becoming homeless does not go away. As for landlords, mortgage payments (another form of economic rent) would then be suspended. The freeze needs to actually travel up the debt chain, rather than it suffering some small hiccup while being generally expected to continue.

Other countries have more of a safety net, and less of an inflationary treadmill. A better safety net (eg continuing direct subsidies for the unemployed, and expanding them to cover small business rent) is another option, and probably the more practical one. But there is this American tendency to characterize such things as deliberate meddling with some default state of affairs. So I am mainly pointing out that this needing to feed the debt black hole is itself a result of explicit federal policy.