Part of the inflation rate is housing, in many regions there are still blocks on evictions, foreclosures, etc.
This reduces inventory and increases prices. Evictions and Forclosures are critical to the market, if a person can just stay put and not pay rent it is a double whammy for inflation as they will use their rent money on other things increasing demand where supply is restricted (aka inflation) and their housing unit is removed from the supply also increasing inflation
That's...not what was cited.
I am asking about back rent payments due and bankruptcy potential which is what was cited upthread.
The LandLord would use the money to pay Plumbers, landscapers, and/or invest some of the money, and/or build more housing units
The Tenant would use it to Paydown other debt, buy a Graphics card, or other things in the consumer market.
These are demand side factors that would work against inflation (but also aren’t happening; unemployment and underemployment are dropping, though still above pre-pandemic levels.)
> and back-rent payments still due by millions of americans who will likely declare bankruptcy at some point.
What does this have to do with inflation?