Saturday, August 7, 2021

Small-Time Landlords ‘Hanging On by Their Fingernails’ as Eviction Moratorium Drags On; Landlords Launch Legal Battle to Stop Biden’s New Eviction Moratorium, and other C-Virus related stories

Lucy Nicholson/Reuters
Small-Time Landlords ‘Hanging On by Their Fingernails’ as Eviction Moratorium Drags On:
One of Raj Sookram’s tenants stopped paying rent in December. Another man hasn’t paid him a cent in 20 months. He now owes Sookram over $20,000.
One woman stopped paying this spring, Sookram said, then demanded that he fix her hot water heater when it blew. That ended with city officials threatening Sookram with daily fines.
In all, Sookram said, about half of the tenants living in his 13 Rochester, N.Y., rental properties are behind on rent. Sookram said he’s struggling to pay his bills and taxes. He’s had to take out loans and work side handyman gigs to provide for his wife and three kids.
As the coronavirus pandemic drags on – and as the federal government continues to extend its legally dubious eviction moratorium – more and more people are “jumping on the bandwagon, like, ‘Oh, I don’t have to pay you,’” Sookram said.
The problem has been exacerbated by the extremely slow distribution of $46.5 billion in emergency rental assistance approved by Congress in late 2020 and early 2021. And as some leaders in the real estate and rental industries have pointed out, that money wasn’t even enough to cover the $57 billion in unpaid rent due at the end of last year. They peg the likely total due today at over $70 billion, and growing.
This leaves small landlords like Sookram in a tough spot. While there has been great focus on the plight of downtrodden renters, there continues to be noticeably less concern about the impact of eviction moratoriums on struggling property owners. --->READ MORE HERE
AFP via Getty Images
Landlords launch legal battle to stop Biden’s new eviction moratorium:
Landlords and real estate companies are taking the Biden administration to court in a bid to stop a new eviction moratorium, which was extended via the CDC after the Supreme Court ruled the move to be up to Congress.
The Alabama and Georgia Association of Realtors filed a federal lawsuit in Washington DC late Wednesday pushing for evictions to resume after the Centers for Disease Control and Prevention revealed the temporary ban had been reinstated.
The group of landlords and realtors argue in the lawsuit that the new moratorium, which is scheduled to last through October 3, exceeds the CDC’s powers and that it puts housing providers at risk.
About half of housing providers are “mom-and-pop operators,” the National Association of Realtors said in a statement.
“Without rental income, they cannot pay their own bills or maintain their properties,” the group said. ---->READ MORE HERE
Follow links below to related stories and resources:
With Biden’s Illegal ‘Eviction Moratorium’ Democrats Openly Embrace Lawlessness

County Stands Up to Biden, Says It Is 'Legally Required' to Ignore Eviction Moratorium

USA TODAY: Coronavirus Updates

WSJ: Coronavirus Live Updates

YAHOO NEWS: Coronavirus Live Updates

NEW YORK POST: Coronavirus The Latest

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