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.