Eviction Moratorium Hurting Owners, from Mom-and-Pop Landlords to Property Giants
May 24, 2021
Property owners across the country, including struggling mom-and-pop operators, are asking the nation’s courts why landlords are expected to take a financial hit while nonpaying tenants are protected by ongoing eviction moratoriums.
Americans who own rental properties say they’re facing the same COVID-19-fueled pressures as their tenants, with bills piling up and cash running low.
Many are now facing bankruptcy and foreclosures because tenants, with the federal government’s protection from eviction, have stopped paying rent.