We Are In This Together

The American government tends to make economic policy in the worse possible way. An example of this is the current COVID-19 moratorium on evictions.

Economically, it could not be less effective for renters, commercial owners, or our entire U.S. society. In the name of compassion, the government is interfering with commercial contracts between owners and renters. It is doing great economic damage to commercial real estate investment. Ultimately, since it isn’t a forgiveness on the debt accruing but rather a moratorium, government fiat is kicking the reckoning day down the road.