TIME: ‘Cancel Rent’ Has Become a Rallying Cry for Cash-Strapped Americans. Here’s Why It Hasn’t Yet Worked in The U.S. City That Championed It

TIME: ‘Cancel Rent’ Has Become a Rallying Cry for Cash-Strapped Americans. Here’s Why It Hasn’t Yet Worked in The U.S. City That Championed It. ” Though throngs of renters from Philadelphia to the Bay Area have abstained from paying rent on an individual basis, culminating in what is probably the largest rent strike in U.S. history, cities and states have so far refused to make the practice legal. Ithaca’s attempt to do so—and its failure to actually implement it so far—illustrates the limited capability municipalities have in responding to economic crises: While the federal government can take on substantial debts to facilitate significant emergency relief efforts, cities and most states are required to maintain balanced budgets.”

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