End of National Moratorium on Evictions & What It Means…
Just because the REALTOR® organization led the battle against the CDC’s mandated moratorium on rental evictions doesn’t mean REALTORS are cold-hearted bastards ready to throw grandma out in the streets. What this means is that while the moratorium benefitted some legitimate folks who were struggling to pay their rent due to income loss and large operations landlords could absorb the cost, it failed to consider the small investor, the ‘mom and pop’ landlords who rely on the rental income to cover their mortgages.
What the legal battle to end the moratorium succeeded in doing was to force our leaders to look to other, more-balanced and equitable means to help tenants during this time through rental subsidies without putting private property owners on the hook for covering the costs.
Read more about the eviction moratorium and the recent court ruling here!