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by delichon
3 hours ago
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> We have to consider what the unintended consequences are of public policies or practices where there are no immediate consequences for someone who falls behind on rent > Many [landlords] say they don’t actually intend to evict anyone, but that filing these cases is the most expedient way to get emergency rental aid from the city. Economics in one easy lesson: incentives matter. |
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>...plenty of economic indicators suggest worsening financial duress for people already struggling. Costs are going up faster than wages, and inflation that took hold after the pandemic has proven painfully persistent.