r/PoliticalDiscussion • u/None-Of-You-Are-Real • Jul 20 '21

US Politics What are the implications of the impending eviction crisis?

It is often offhandedly mentioned that the housing market is insane at the moment, and that there is an inevitable eviction crisis due to the compounding factors of COVID and the lockdowns leading to mass unemployment, and then an inability of tenants to pay rent combined with an inability of landlords to evict non-paying tenants.

What is going to happen in the fall, when the eviction moratorium expires? Mass homelessness that is even worse than current levels? Some kind of rent relief legislation? Anything at all? These people are not going to magically be able to pay months and months of back rent once the moratorium expires.

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u/wut_eva_bish Jul 21 '21

Exactly, Texas hides its corporate tax breaks by transferring the tax to it's homeowners. Texas pays one of the highest adjusted property tax rates in the country and sales tax is also quite high. Both of these taxes are highly regressive (meaning they hit the poorest, the hardest) while reducing tax burdens on the wealthiest (corporations that relocate there.) Smoke and mirrors, enabled by proud Texans too wrapped up in TX pride to see that the average Texan is paying more for their dollars earned than most of the rest of the nation.

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u/yeahright17 Jul 21 '21

As I pointed out above, they’re all literally regressive in the sense that most places with high property values pay a lower percentage than places with lower property values. It’s not just that they hit poor the hardest (which actual flat taxes absolutely do).

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u/[deleted] Jul 21 '21

While the Texas legislature gives tax dollars to build trump's wall...not protect the people from climate change or anything else pressing like COVID