It’s the domino effect…first rent is suspended, so the landlord suffers, who then petitions the financing institution to suspend loan payments, who then petitions the federal government for a bailout. Guess who loses? The landlord because the financial institutions don’t extend their good fortune! There are few places to invest your money during a crisis like this that will leave one unscathed. I worry about bank and credit union accounts being frozen, 401K’s and IRAs being usurped by federal authorities for the “greater good”. Of this we can be sure…if you’ve been responsible saving money or investing, you will become a target.
