Re:In January, there were more real-estate agents than homes...
by dragonwriter on Tuesday March 23, 2021 @04:40PM
(#26560132)
> How are people feeling such financial pain?
Loss of work, loss of child supervision (in-person schooling and childcare closures), at times sharply restricted number allowed in stores (meaning parents have neither time without children to shop nor practically the ability to take children to shop) => increases reliance on delivery services for essential shopping with extra charges and higher losses; extra unemployment at its highest level (which wasn't maintained) was calculated to be approximately full-income replacement, so with the lower boosts, it still wasn’t full income reimbursement and large areas of the economy either haven't fully reopened or haven't fully rebounded., and for those who have been out of work the $3000 (+some for children) only compensates for a few weeks of the gap that hasn't been filled by the partially-boosted unemployment.
> froze evictions
Freezing evictions doesn't reduce the financial hardship of renters (who still owe the debt, they just aren't evicted for owing it), but does increase the hardship of landlords. It's not the same thing as covering rent.
> I fail to see how people could be struggling so when the US treasury has gifted people with tens of thousands of dollars. Because people have faced more tens of thousands of lost income or added expenses.
Loss of work, loss of child supervision (in-person schooling and childcare closures), at times sharply restricted number allowed in stores (meaning parents have neither time without children to shop nor practically the ability to take children to shop) => increases reliance on delivery services for essential shopping with extra charges and higher losses; extra unemployment at its highest level (which wasn't maintained) was calculated to be approximately full-income replacement, so with the lower boosts, it still wasn’t full income reimbursement and large areas of the economy either haven't fully reopened or haven't fully rebounded., and for those who have been out of work the $3000 (+some for children) only compensates for a few weeks of the gap that hasn't been filled by the partially-boosted unemployment.
> froze evictions
Freezing evictions doesn't reduce the financial hardship of renters (who still owe the debt, they just aren't evicted for owing it), but does increase the hardship of landlords. It's not the same thing as covering rent.
> I fail to see how people could be struggling so when the US treasury has gifted people with tens of thousands of dollars. Because people have faced more tens of thousands of lost income or added expenses.