Flow-Rider
Burner
Excluding what is happening now but in normal times.Evicting a residential tenant is actually a bit of a lengthy process, an certainly takes more than one missed payment.
Plenty of people borrow for investments other than property as well. Lenders do have a preference for security of their loans though.
One might begin to suspect that housing prices have perhaps been manipulated in order to control market forces and the power certain aspects have.
If you consider the place that shelter holds in the human psyche (Maslow's hierarchy of needs for example) creating angst over it helps control the people at risk. Throw food into the mix as well. And if you are worried you can't supply these to yourself + family, you're a lot less likely to risk loosing your job, take a day off O strike or protest, get around socially and uite with other like minded revolutionaries, put money aside for your militia...
Also those who are over 30 and have a family but dont own a home, how did you spend your 20s?
If they default on rents you need to sit a tribunal hearing which has a huge waiting list of like 2 months and if they can prove real hardship they usually get awarded something like 9 weeks free rent on top of the 2 months you've already waited prior so that they can sit at home and smoke bongs.