While eviction moratorium protects tenants, many property owners are forced to pay double

2 years ago

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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