If small property owners suffering from rent losses sell to big investors, tenants often lose landlords that are more flexible, compassionate and communicative.
Tenants Brace For Eviction Flood Following End Of CDC Eviction Moratorium, While Landlords Stress Relief Options
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While some states, such as New York, Illinois and California, have their own eviction moratoriums in place beyond the CDC’s, local and state courts in other parts of the country have allowed landlords to file for eviction ahead of time. In some cases, those judges have even ruled on filings and allowed everything but the official lockout and vacation to proceed, Dunn said.
At least some national trade groups for multifamily owners are downplaying the possibility of an eviction wave, including Institute of Real Estate Management President Chip Watts and Paula Cino, vice president of construction, development and land use policy for the National Multifamily Housing Council. Both cited the increased availability of emergency rental assistance from the most recent federal stimulus bills as incentives for landlords to hold