Does this winter moratorium extend to homeowners who stop paying their mortgages and property taxes? To tenants of landlords who stop paying their mortgages and property taxes? How does this law affect foreclosures in New York State?
This is for tenants only, of course as they are part of the victim class in NYS. Property owners are still on the hook for mortagage, taxes, utilities and insurance.
Obviously foreclosures will skyrocket and/or small landlords will throw up their hands and sell which they have been doing like mad for the past 3 yrs. Thus furthering the “affordable housing crisis” ™