While eviction moratorium protects tenants, many property owners are forced to pay double
Around the country where it's estimated by Moody's Analytics that property owners are owed more than more than $70 billion by more than 10 million Americans who are behind on rent, but remain protected under the federal eviction moratorium set to expire on June 30.
Just last month, a federal judge ruled the national eviction moratorium exceeds the authority of the CDC.
But still, many are fighting to keep it in place, warning of a national disaster if millions of Americans are made homeless in the midst of a pandemic.
"While I certainly hope we will be in a much better place in the coming months, I'm not comfortable lifting the moratorium on optimism alone," said Janeese Lewis George, a member of the Washington D.C. City Council, during a May 18 council meeting.
Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.
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