An Eviction Moratorium Without Rental Assistance Hurts Smaller Landlords, Too

September 21, 2020

An Eviction Moratorium Without Rental Assistance Hurts Smaller Landlords, Too

September 21, 2020
Brookings Institution
Nevertheless, an eviction moratorium is not a panacea for the problems created by housing insecurity. Because the moratoriums do not forgive or reduce rent payments, a moratorium policy merely delays the threat of eviction as renters continue to accumulate debt. But it is not only tenants who face great economic risk in the COVID-19 recession: without rental income, a significant number of noncorporate, “mom and pop” landlords—who may be coping with their own unemployment or additional expenses related to the COVID-19 pandemic—will also struggle to pay their mortgages, utilities bills, property taxes, maintenance costs, and other property-related expenses.
https://www.brookings.edu/blog/up-front/2020/09/21/an-eviction-moratorium-without-rental-assistance-hurts-smaller-landlords-too/