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Financial relief, not laws required to get people to stay at home


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Everywhere people are supporting the idea of prohibiting anything that is not essential. So, is my mortgage essential? Can I self isolate that? Does the bank care that I can't earn money during this period?  Short answer, no. In every other country, mortgage relief is being offered to those affected by the virus. But not here. In Thailand, the bankers are offering relief for companies, but there is absolutely no debt relief for individuals.   How can you expect people to willingly destroy their own lives?  Now, the government thinks that passing laws and jailing people for moving is the answer.

 

Hint. It isn't. Real people want financial relief, not more laws. My income is absolutely dependent on my ability to travel back and forth between Cambodia and Thailand. But our mortgage is in Thailand.  Our finances have been devastated by these actions, and not one single iota of relief has been forthcoming from the Thai government. In the USA for example, banks are offering 12 months of no payments on your mortgage in order to allow people to cope with the financial devastation that "self isolation" brings. Not in Thailand though.  In Thailand, we are being told to self isolate so that we can then face the prospect of losing our home.

 

I don't know how many others are in my position, but I myself am <deleted> off. I have to work, or my family is going to be homeless and hungry. I don't need more laws telling me I can't do what I absolutely need to do. I need debt relief, so that I can rebuild my income after this disaster is over. If the government wants people to stay home, they can damn well make the banks offer policies that encourage people to do it.  When people are stealing because they are hungry, increasing the penalties for stealing is not going to fix the problem.

 

There must be a general moratorium on mortgage payments, just like the banks did after the flood in 2011. If the Thai government won't make the banks offer this, then they are not going to get people to stop working and stop providing for their families. I will know the government is serious about this ban when I hear about legislation like the above. Until then, I'll break the bans and curfews and face jail and deportation.

 

 

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