Landlord Out 24K While Tenants Bought Boats During Eviction Moratorium

2 years ago
50

A North Carolina landlord says he is out $24,000 in unpaid rent from tenants, while one renter bought three boats over the course of the eviction moratorium just as the Centers for Disease Control and Prevention announced a new ban that will last until Oct. 3.

Buddy Shoup, who owns 35 properties across the state, said that he has been forced to maintain the properties and hemorrhage costs while the federal government slowly dribbles out rental assistance, of which only 7% has been doled out to renters in need.

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