Can I ask a stupid question?
Does back rent ever get paid by these tenants? Just because there’s an eviction moratorium, doesn’t mean that you don’t have to pay your rent. Unemployment has come way down, so theoretically people who lost jobs due to covid originally are back to work. And if they are back to work, they are earning money again to pay the rent. Again, just because they stopped eviction proceedings doesn’t mean you get free rent.
Or am I wrong, that in the fine print, people are getting free rent? Or people think they are getting free rent, and so stopped paying rent because they didn’t think they owe rent any longer?
It’s still free rent...Bet me that when this all ends and landlords raise the rents,the dem nazis will pass a law forbidding them to do that,too....
It is hard to tell what is really going on, and “our media” will refuse to look.
My opinion?
People (renters) started with just the knowledge they couldn’t be evicted for missing or leaying a payment. Then, as the months progressed, and they realized that they they really could NOT BE EVICTED for any reason, no matter how little they paid, they just stopped paying rent at all.
Then, that word for around, and 10s of thousands more realized the same thing, and millions stopped paying rent.
And the democrats applauded every failure.
They still owe it all - but the landlord has to take them to court to get paid, the court backlogs are huge, and most of the deadbeats are near bankruptcy, anyway.
The deadbeats' credit will be ruined, of course, but they always have Section 8 to look forward to...
No, back rent is not paid after they file for bankruptcy.