Pros and Cons of Government Bailouts and Mortgage Breaks (with George Gammon)

In this video, George Gammon discusses how the mortgage breaks could affect the economy.
The home is becoming the center of the universe. More people are working at home. More businesses are operating remotely. Mortgage payments are being waived.

When the government interferes, there are pros and cons. If people don't have to pay their mortgage for a year, will people easily start paying again? They've become used to not paying and most people aren't putting the extra money in savings. It won't be an easy transition out of the bailout.

These things could lead to universal basic income or a national housing assistance program. There is no such thing as a temporary government program. What about national rent control? Could that happen?

FULL Interview Here: http://pandemicinvesting.com/

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Connect with George Gammon: https://www.youtube.com/channel/UCpvyOqtEc86X8w8_Se0t4-w

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Видео Pros and Cons of Government Bailouts and Mortgage Breaks (with George Gammon) канала Jason Hartman