[Mediterraneo10]

> Mortgages, rent and utilities are all suspended almost everywhere.

Wait, seriously? I haven't been following events in the USA during this COVID year, but I assumed that things are like in most other developed countries with regard to things expected of people. In most European countries you still have to pay your rent and utilities every month, in spite of the noticeable economic slowdown.

[monetus]

An eviction moratium exists, but it doesn't cover your bills. "Almost everywhere," and "suspended", lack truthiness. As far as I know, unpaid rent and utilities will be owed. Some legislatures and housing organizations forgave periods of time, I think - that could certainly give you the impression that it is ubiquitous.

Anecdotal: the food pantry near my home is often busy now; much, much more so than last year.

[Frost1x]

AFAIK, late payments can also be subject to interest and late fees as well. So, while some might not be evicted during the pandemic, they might build up so much debt and interest without income during this time that when things are over, they'll be filing bankruptcy and be out in the streets at a different, future time. I guess it's better than being homeless during the pandemic?

Pretty sad state of affairs we have in the "developed" world.

[sjg007]

I expect that this will be solved by restructuring, bailouts and tax credits. The US govt buys most mortgages anyway. I think we will see massive government intervention hopefully we learnt the lessons of 2008.