As Rent Moratorium Expires, Landlord-Tenant Battles Begin
Readers may recall the eviction moratorium expired a little more than a week ago nearly four months after the US economy effectively shut down due to the covid pandemic. 33% of renters have yet to make their full payment in July, a recent survey showed. This means that 12 million renters could be on the cusp of eviction in a matter of months.
Landlords are set to lose billions of dollars this year over the inability of tenants to pay rent thanks to the virus-induced recession. With much of chaos and disagreement on Capitol Hill about the next round of stimulus, nevertheless, no deal on a rent moratorium extension, landlords are now demanding back rent and August payment.
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