‘The Squad’ Proposes Bill Allowing Feds To Literally Cancel Property Rights During Pandemic

“The bill would constitute a full payment forgiveness, with no accumulation of debt for renters or homeowners and no negative impact on their credit rating or rental history,” a news release from Omar’s office says.

Furthermore, a fund would be created “to fully finance the purchase of private rental properties by non-profits, public housing authorities, cooperatives, community land trusts, and states or local governments — in order to increase the availability of affordable housing during this downturn,” the news release says.

This means private property owners would be undermined and the power of government entities would be greatly increased.

Landlords and mortgage companies could apply for lost income to a relief fund that would be established for this purpose. Only primary residences would qualify, not investment properties or vacation homes.

It is no surprise that Omar’s fellow radical House “squad” members — Reps. Alexandria Ocasio-Cortez of New York, Rashida Tlaib of Michigan and Ayanna Pressley of Massachusetts — co-sponsored the bill, along with three other progressive Democrats.

The “squad” is determined to take maximum advantage of the suffering caused by the pandemic in order to create a large, socialist bureaucracy.

Rent and Mortgage Cancellat… by The Western Journal on Scribd

If this kind of bureaucracy were enabled, it would be difficult, if not impossible, to tear down, even when the pandemic ends.

If Omar and the progressives cared to solve the immediate problems we face, they would push for homeowners and renters to be allowed to go back to work so they can make their rent and mortgage payments without government assistance. If citizens are working, they do not need help from self-important lawmakers.

Reopening the economy is a speedier and more complete cure to the emerging housing problems sparked by mandated economic lockdowns to fight the pandemic.

Instead, this bill would punch a hole in the Constitution.

Landlords would not be allowed to take any adverse action against renters; if they did, they could be subject to fines, and ultimately they could lose their property. The federal government would have expanded powers to outright seize private property if the landlord did not follow these draconian rules.

Landlords would be forced to permit tenants to live rent-free, and if they applied for relief funds, their property would become compromised.

For five years, landlords who receive funds could not raise the rent or discriminate against tenants based on their credit scores or criminal histories.