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[–]GConly 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (2 children)

They never think this through.

A lot of landlords have buy to let mortgages. If they don't pay these en masse, a shit load of investment funds will take a massive hit.

That's exactly what caused the credit crunch recession a few years ago, when a minor recession caused a massive default in the sub prime mortgages.

We were on shaky enough ground already.

[–]Druullus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

who never think through?

[–]GConly 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Socialist leaning legislators.

Their grip of economic repercussions is crappy.