Monday, July 26, 2021

"How It Really Is"


And then...
July 21, 2021: "A Federal Eviction Moratorium Ends This Week, 
Putting 12 Million Tenants At Risk"

"A federal moratorium that has protected millions of renters from eviction since late March expires Friday, leaving millions of people at risk even as the novel coronavirus continues to spread across the country. The moratorium covers renters who live in homes with federally backed mortgages, which the Urban Institute estimates to be 12.3 million households, or about 30 percent of all renters nationwide. Once the moratorium lapses, landlords can give their delinquent tenants 30 days’ notice and then begin filing eviction paperwork in late August.

The problems facing renters will only get worse once enhanced unemployment benefits run out and people exhaust their savings, said Dworkin, a former Treasury Department senior adviser on housing finance during the Obama and Trump administrations. Once any moratorium ends, tenants could be asked to come up with months of unpaid rent they can’t afford, he said.

“I am troubled about August and I am terrified about September,” he said. “A rental moratorium kicks the can down the road.”

So 12 million households, totalling a reported 40 million men, women and children, suddenly homeless, jobless, hopeless... What do you think is going to happen?

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