The Latest from Seton Motley

The Latest from Seton Motley

Share this post

The Latest from Seton Motley
The Latest from Seton Motley
Using the Lockdown to Destroy the Entire Private Housing Economy
Copy link
Facebook
Email
Notes
More
User's avatar
Discover more from The Latest from Seton Motley
Conservative - because human nature says so.
Over 3,000 subscribers
Already have an account? Sign in

Using the Lockdown to Destroy the Entire Private Housing Economy

Seton Motley's avatar
Seton Motley
Jul 22, 2021

Share this post

The Latest from Seton Motley
The Latest from Seton Motley
Using the Lockdown to Destroy the Entire Private Housing Economy
Copy link
Facebook
Email
Notes
More
Share

The very stupid thing that was the government-mandated lockdown in the name of the China Virus - begat a lot of very stupid things.

One of them was the federal government moratorium on paying rents and mortgages.

Federal Eviction Moratoriums in Response to the COVID-19 Pandemic

Was the federal government doing this constitutional?  Heavens no.

The CDC's Eviction Moratorium Is Unconstitutional

Because where in the Constitution is the federal government expressly empowered to impose  itself upon hundreds of millions of privately negotiated rental agreements?  Hint: It’s not.

(Where in the Constitution is the federal government expressly empowered to create a Center for Disease Control [CDC]?  Hint: It’s not.)

“But wait” one might say - “That’s an eviction moratorium.  Not a moratorium on paying rents and mortgages.”

One might say that - if one is completely ignorant about humans and their nature.

What is the number one reason humans pay their rent or mortgage?  To avoid being kicked out.  Because duh.

Remove that threat from the equation - and all heck breaks loose.

Of course the idiotic lockdown put many well-intended people into a position where they simply could not pay.

But many ill-intended people took full malevolent advantage.  Again, if you doubt that - you are completely ignorant about human nature.

Care for another example thereof?  Ok - the jobs market…..

Millions Are Unemployed. Why Can’t Companies Find Workers?

Many Americans Are Getting More Money From Unemployment Than They Were From Their Jobs

Leftists and their government cohorts took full advantage - of the ill-intended taking full advantage of the work moratorium.

And Leftists and their government cohorts took full advantage - of the ill-intended taking full  advantage of the rent-mortgage moratorium.  This from November 2020….

There Are 9.9 Million Americans Who Are Not Up-to-Date on Their Rent or Mortgage Payments

But eventually, all those backed-up rent and mortgage payments will be due.  And that’s when all heck will REALLY break loose.

And Leftists/bureaucrats LOVE all heck really breaking loose.  Because “Never let a crisis go to waste."

The National Consumer Law Center (NCLC) is a radical Leftist organization.  We first documented our repeatedly stumbling upon them a little bit ago.

Evictions: Another Awful Supreme Court Ruling -- and an Awful Organization Making It All Worse

In which we chronicled NCLC’s awfulness on the rent-mortgage moratorium.  But VASTLY underestimated it.

Further research has shown us that the NCLC has throughout the lockdown constantly cajoled the federal government to maximize and elongate the moratorium.  On rentals, mortgages, reverse mortgages - just about any relationship between people involving property.

Again, peruse their page.  There are dozens of things NCLC did during the lockdown to make the inevitable outcome as awful as possible.

And the inevitable outcome - is getting mind-bogglingly bad.  The NCLC recently shared on its Facebook page - wrote this:

“According to PolicyLink estimates, the nationwide total rent debt is upward of $20 billion, with more than 5.8 million renters, or 14%, in arrears.  That’s twice as many as in 2017.”

They wrote that - while sharing this:

Twice as Many U.S. Renters Fell Behind on Payments During the Pandemic

Yes - in no small part because the NCLC spent the lockdown demanding the federal government mandate that no one had to pay their rent or mortgage.

What will the NCLC ultimately demand regarding the MANY billions of dollars’ worth of unpaid rents and mortgages?

Well, they’re Leftists - so you can probably guess.

Especially given their alleged “solution” for student loan debt.  This too was written by them on their Facebook page:

“‘President Biden was very explicit about planning to cancel at least $10,000 during the campaign, and he made the campaign promise in several places, him physically, but also within his campaign materials,’ Persis Yu, director of the NCLC's Student Loan Borrower Assistance Project told Yahoo Finance. ‘It was a prominent piece of his campaign promises, not one of the buried on page 45.’”

They wrote that - while sharing this:

Student Loan Forgiveness: Biden Promise to Forgive $10,000 in Debt Remains Unfulfilled

So…sure.  Let’s just wave another government magic wand.  And make all those MANY billions of dollars’ worth of late rent and mortgage payments - disappear.

Which would make the 2008 global-meltdown-housing-crisis - look like a relaxing day at the beach.


Subscribe to The Latest from Seton Motley

Launched 4 years ago
Conservative - because human nature says so.

Share this post

The Latest from Seton Motley
The Latest from Seton Motley
Using the Lockdown to Destroy the Entire Private Housing Economy
Copy link
Facebook
Email
Notes
More
Share

Discussion about this post

User's avatar
Belize: I Guess I Unilaterally Seceded
I moved back to DC in 2006 - in pursuit of political work higher on the food chain than state-level in Texas.
Apr 6, 2023 • 
Seton Motley
2

Share this post

The Latest from Seton Motley
The Latest from Seton Motley
Belize: I Guess I Unilaterally Seceded
Copy link
Facebook
Email
Notes
More
A DC Frankenstein Finally Realizes His Monster - Is a Monster
So much of what DC does is so obviously stupid - it leads one to inexorably conclude one of three things.
Jun 19, 2023 • 
Seton Motley
5

Share this post

The Latest from Seton Motley
The Latest from Seton Motley
A DC Frankenstein Finally Realizes His Monster - Is a Monster
Copy link
Facebook
Email
Notes
More
2
Why Is Big Gov Spending So Much on Broadband? Because Big Tech Spends Nothing
We less government types have now spent a couple of decades opposing the government funding of Internet access.
May 25, 2022 • 
Seton Motley
2

Share this post

The Latest from Seton Motley
The Latest from Seton Motley
Why Is Big Gov Spending So Much on Broadband? Because Big Tech Spends Nothing
Copy link
Facebook
Email
Notes
More

Ready for more?

© 2025 Seton Motley
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More

Create your profile

User's avatar

Only paid subscribers can comment on this post

Already a paid subscriber? Sign in

Check your email

For your security, we need to re-authenticate you.

Click the link we sent to , or click here to sign in.