In the USA. Many families over 4 million are at risk of losing their estimated homes, if that could be more than 4 million or more cases.
The real estate industry will suffer a lot and families will also see what will happen to the millions of defaults and if there will be a way to combat it.
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There are a lot of people not paying rent nor their mortgages. This is why the economy is going to be strong idea is absurd. When that is pulled back, you will see millions put out of their homes/apartments as well as a lot of supply hitting the market.
Essentially they have to keep this in place or else bad things will happen.
That is why intervention is often very difficult.
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I think even if people could pay, some people probably held off because they didn't know if they needed the money too.
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