“Kicking the can down the road”: Real estate industry says $2T relief plan doesn’t do enough

For much of the real estate industry, the $2 trillion stimulus package President Trump signed into law to bolster the economy doesn’t do enough. The plan offers limited relief to real estate, industry pros said, though the cash payments to individuals and a boost in unemployment insurance could help ease some economic pain for renters, and therefore for landlords and lenders. “It’s a beginning. We need more,” said Thomas Bannon, CEO of the California Apartment

source https://therealdeal.com/2020/03/30/kicking-the-can-down-the-road-real-estate-industry-says-2t-relief-plan-doesnt-do-enough/