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Keyword: rent

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  • Does The President Have The Authority To Issue A Nationwide Ban On Evictions?

    08/04/2021 5:52:48 AM PDT · by MtnClimber · 44 replies
    Manhattan Contrarian ^ | 3 Aug, 2021 | Francis Menton
    As you may know, during the current pandemic, since the enactment of the so-called “CARES Act” in March 2020, there has been in effect, in various forms, a federal “moratorium” on evictions of rental tenants from their apartments. Thus some landlords have now gone well over a year without getting paid what they are owed, and with no access to any legal remedy. The most recent version of the “moratorium” expired on July 31 (Saturday). This version had been promulgated by the CDC on its own authority, without specific authorization from Congress. On Sunday (August 1) the Democratic Congressional leadership...
  • CDC issues new eviction ban for most of U.S. through Oct. 3

    The Centers for Disease Control and Prevention on Tuesday issued a new moratorium on evictions that would last until October 3, ending some of the political pressure being placed on President Joe Biden. The new moratorium could help keep millions in their homes as the coronavirus’ delta variant has spread and states have been slow to release federal rental aid. It would temporarily halt evictions in counties with “substantial and high levels” of virus transmissions and would cover areas where 90 percent of the U.S. population lives. The announcement was something of a reversal for the Biden administration after saying...
  • White House says it has been unable to find way to extend eviction moratorium

    08/03/2021 2:33:11 AM PDT · by Libloather · 50 replies
    Yahoo via MSN ^ | 8/02/21 | Christopher Wilson
    The White House said Monday that it was unable to find a legal means to extend the eviction moratorium, despite the fact that millions of Americans could soon lose their homes even as the Delta variant of COVID-19 continues to spread. The Centers for Disease Control and Prevention has “been unable to find legal authority for a new, targeted eviction moratorium,” White House press secretary Jen Psaki said in a statement. “Our team is redoubling efforts to identify all available legal authorities to provide necessary protections.” Citing a Supreme Court decision issued in late June, the White House said it...
  • What’s REALLY behind the war on home ownership? Becoming a “Nation of Renters” is clearly a big part of the New Normal.

    08/02/2021 9:56:59 PM PDT · by SeekAndFind · 31 replies
    Off Guardian ^ | 08/02/2021 | Kit Knightly
    The incipient “Great Reset” is a multi-faceted beast. We talk a lot about vaccine passports and lockdowns and the Covid-realated aspects – and we should – but there’s more to it than that.Remember, they want you to “own nothing and be happy”. And right at the top of the list of things you definitely shouldn’t own, is your own home.The headlines about this have been steady for the last few years, but it has picked up pace in the wake of the “pandemic” (as has so much else). An agenda hidden on back pages, behind by Covid’s meaningless big red...
  • Nearly 2 Million US Households Owe $15 Billion in Back Rent: Report

    08/01/2021 7:11:43 PM PDT · by SeekAndFind · 34 replies
    Epoch Times ^ | 08/01/2021 | GQ Pan
    An estimated 1.95 million U.S. renter households owed more than $15.3 billion in back rent when the federal eviction moratorium expired on July 31, according to a new report.The number of renter households in debt is expected to reach 2 million by December, the Federal Reserve Bank of Philadelphia said in the July 30 report (pdf). Those households are expected to collectively owe $18.6 billion by that point, with an average debt of $9,300.The state with the largest estimated number of households in arrears on rent in August is California (313,300), followed by Texas (174,900), Florida (171,900), and New York...
  • Protesters Tape 'Eviction Notice' on Nancy Pelosi's Home as Moratorium Ends

    08/01/2021 4:21:09 AM PDT · by Libloather · 17 replies
    Newsweak via MSN ^ | 8/01/21 | Anders Anglesey
    Nancy Pelosi's California home has been targeted by protesters who taped a fake eviction notice on the House Speaker's front door and demanded an extension of the federal eviction moratorium. About 40 activists arrived outside Pelosi's San Francisco home on Saturday, just hours before the moratorium's last extension expired leaving more than 10 million Americans facing the prospect of being told to leave their homes. The notice, one protester told KCBS Radio, read: "Dear Speaker Pelosi, you are hereby given immediate notice that millions of Americans will face eviction tonight when the eviction moratorium expires. "We call upon you to...
  • Evictions are about to restart across U.S. as tenants wait on billions in unspent rental aid

    07/31/2021 4:13:10 AM PDT · by Libloather · 36 replies
    Washington Post (democracy dies with democrats) via Seattle Times ^ | 7/30/21 | Rachel Siegel, Jonathan O’Connell, Anu Narayanswamy, Alyssa Fowers
    **SNIP** Bears is one of thousands of Americans who have been shortchanged by a yawning disconnect between two well-meaning policies lawmakers passed in response to the pandemic. One, a federal ban on some evictions, is set to expire Saturday. Another, a $46.5 billion emergency fund aimed at getting rent to tenants at risk of eviction, has been painfully slow to get off the ground, with some states and counties unable to spend even a dollar of the money they were provided months earlier. The expiration of the federal moratorium, following a last-ditch effort by congressional Democrats to revive it that...
  • ‘Squad’ member vows to sleep outside Capitol as eviction freeze nears end

    07/31/2021 12:21:31 AM PDT · by conservative98 · 31 replies
    NY Post ^ | 31 Jul 2021 | Samuel Chamberlain
    Rep. Cori Bush (D-Mo.) said Friday night that she would sleep outside the US Capitol in an effort to persuade Congress to extend the nationwide moratorium on evictions set to expire Saturday. “Many of my Democratic colleagues chose to go on vacation early today rather than staying to vote to keep people in their homes,” Bush tweeted. “I’ll be sleeping outside the Capitol tonight. We’ve still got work to do.” Bush, 45, who experienced a period of homelessness nearly two decades ago, sent a letter to her colleagues earlier Friday calling on them to stay in Washington DC a little...
  • At Least 12 Million Households Face Eviction as Moratorium Ends in July 31: Millions of households are behind with no confidence in making payments.

    07/29/2021 8:27:25 PM PDT · by SeekAndFind · 48 replies
    Mish Talk ^ | 07/29/2021 | Mike Shedlock
    The eviction moratorium ends July 31. Millions of households are behind with no confidence in making payments.With millions of renters at risk Biden Asks Congress to Extend Federal Eviction MoratoriumState and local governments have struggled to distribute $47 billion in federal money aimed at helping tenants who can’t pay rent because of the pandemic-triggered downturn, leaving many people at risk of being forced out of their homes when the moratorium expires.Just $3 billion of the aid authorized by Congress in December and March had been delivered to landlords and tenants as of June 30, the Treasury Department said in a...
  • Whatever Happened to Property Rights?

    07/06/2021 5:06:36 AM PDT · by Kaslin · 44 replies
    Townhall.com ^ | July 6, 2021 | Stephen Moore
    I'm no lawyer, that's for sure, and so I don't have expertise on the intricacies of the law, but I am angry as a hornet by the recent Supreme Court decision upholding the federal "eviction moratorium." On Tuesday, the high court in a divided 5-4 opinion will allow the moratorium to continue until August. This moratorium allows people to stay in their apartments and other rental units and not pay the rent they agreed to. This policy started more than a year ago when the pandemic was in full force. But the policy is unconstitutional -- an affront to basic...
  • Kavanaugh Sides with Leftists Against Private Business Owners, Upholds CDC’s Moratorium on Evictions of Delinquent Tenants

    07/01/2021 10:44:28 AM PDT · by SeekAndFind · 34 replies
    NOQ Report ^ | 07/01/2021 | JD Rucker
    The Supreme Court held that the CDC can continue to impose a moratorium on evictions and foreclosures due to the Covid lockdowns causing millions to not pay rent or mortgages yesterday. It was made possible by Justice Brett Kavanaugh, the so-called “conservative” Justice who sided with the four progressives.According to POLITICO [emphasis added]:The association had asked the court to act on an emergency basis to vacate a stay on a lower-court decision overturning the ban, saying the “stay will prolong the severe financial burdens borne by landlords under the moratorium for the past nine months.”The Centers for Disease Control and...
  • And Now Prices Are Really Soaring: June Rent Jump Is Biggest On Record

    06/29/2021 1:56:03 PM PDT · by blam · 20 replies
    Nation & State ^ | 6-29-2021
    With BofA predicting that the US is facing a period of “transitory hyperinflation“, one which could last as long as 4 years, as a result of soaring commodity prices in everything from metals to food and beyond, in what increasingly more warn is a stagflationary burst right out of the 1970s playbook…… it makes sense that home prices are also surging thanks to trillions in stimmy checks, near-record low mortgage rates and an exodus away from cities, and as we noted two last month that’s precisely what they are doing, with Redfin reporting an 18% jump in median home sale...
  • California to Extend Eviction Ban, Pay Back Rent for Tenants

    06/25/2021 12:54:57 PM PDT · by nickcarraway · 25 replies
    KSBW ^ | Jun 25, 2021
    California will ban evictions for unpaid rent through the end of September and pay off all back rent for eligible tenants under a deal announced Friday by Gov. Gavin Newsom and legislative leaders. California banned evictions after Newsom imposed the nation's first statewide shutdown in March 2020 and ordered most businesses to close and people to stay home to slow the spread of the coronavirus. Those protections are scheduled to expire on Wednesday. The new agreement will extend the eviction moratorium through Sept. 30.
  • Judge strikes down CDC’s ban on evictions nationwide

    05/05/2021 2:12:12 PM PDT · by ChicagoConservative27 · 54 replies
    nypost ^ | 05/05/2021 | Ben Feuerherd
    A federal judge on Wednesday struck down a nationwide moratorium on evictions that was ordered by the Centers for Disease Control and Prevention amid the pandemic — a policy that was designed to keep Americans in their homes as the coronavirus ravaged the US economy. In an opinion filed in US District Court in Washington, DC, Judge Dabney Friedrich wrote that the agency did not have broad authority to keep landlords who sued the US Department of Health and Human Services from forcing out tenants who cannot afford their rent.
  • Albany’s ‘Good Cause Eviction’ spells bad news for NY’s housing market

    04/27/2021 6:16:28 AM PDT · by AbolishCSEU · 22 replies
    nypost.com ^ | 4/24/21 | Post Editorial Board
    Not content with jacking up taxes massively and dangerously mushrooming the state budget, legislators are now looking to inflict yet more pain, by sneaking through a “universal rent control” bill that would clobber the housing market. This, even though rents in New York City have plunged to decade-long lows. The legislation, now in committee in both the Assembly and the Senate, is misleadingly labeled “Good Cause Eviction,” when it would essentially force landlords statewide to accept tenants for life — with a cap on yearly rent increases.
  • Texas Courts Open Eviction Floodgates: 'We Just Stepped Off A Cliff'

    04/07/2021 5:54:08 AM PDT · by deport · 57 replies
    NPR ^ | April 7, 20215:01 AM ET | Chris Arnold
    The Texas state court system is signaling that it will no longer enforce a federal order aimed at stopping evictions during the coronavirus pandemic. That could clear the way for landlords to push ahead with tens of thousands of eviction cases that have been on hold. The timing could be particularly painful for many families, coming after Congress has approved billions of dollars to help people pay the rent they owe to avoid eviction, but before the vast majority of renters have been able to receive any of that money. Legal aid attorneys are raising the alarm that the state...
  • Dear CDC, Please Stop Extending The Eviction Moratorium

    04/03/2021 5:17:27 AM PDT · by Kaslin · 22 replies
    Townhall.com ^ | April 3, 2021 | Young voices contributors
    Editor's Note: This column was authored by Emilie Dye.No one likes to think about people being unable to pay rent and losing their homes. But as I learned in high school reading Henry Hazlitt, “The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” And the eviction moratorium, which the CDC extended this week for the second time, completely ignores landlords.Since September 2020, the government has essentially forced landlords to...
  • ‘We need help’: With eviction moratoriums extended, some landlords are selling

    03/31/2021 10:02:47 AM PDT · by bgill · 51 replies
    kxan ^ | Mar. 30, 2021 | Tahera Rahman
    On Tuesday, Austin and Travis County leaders announced they’ll be extending eviction moratoriums until May 1. It follows a federal move to do so Monday. The rules protect tenants who can’t pay rent due to the pandemic, but the extensions are also forcing many landlords to sell. Kathy Smart, for example, rents out her Travis County home, but her tenant owes her nearly $6,000. “Not having the income and trying to keep up with everything — I’m behind on my car, behind on a lot of my other bills. I had to get loans,” she said.
  • Federal judge in Texas strikes down US Covid-19 eviction moratorium

    03/17/2021 2:15:28 PM PDT · by magna carta · 24 replies
    Reuters ^ | 2-25-21 | Steve Gorman
    A federal judge in Texas on Thursday ruled unconstitutional a national moratorium the U.S. Centers for Disease Control and Prevention (CDC) has instituted for most residential evictions to help curb the spread of the coronavirus. Siding with a group of landlords and property owners challenging the evictions freeze, U.S. District Judge J. Campbell Barker in Tyler, Texas, ruled the CDC exceeded its authority under the interstate commerce clause of the U.S. Constitution. “The court concludes that the federal government’s Article I power to regulate interstate commerce and enact laws necessary and proper to that end does not include the power...
  • Ilhan Omar pitches a bill that seeks national cancellation of rent and mortgage payments until April 2022

    03/16/2021 6:39:55 AM PDT · by SeekAndFind · 53 replies
    Washington Examiner ^ | 03/16/2021 | Mica Soellner
    Rep. Ilhan Omar introduced a bill Wednesday that seeks to cancel rent and mortgages nationwide through the duration of the coronavirus pandemic. The Rent and Mortgage Cancellation Act would allow for full payment forgiveness, with no accumulation of debt for renters or homeowners and no negative impact on their credit rating or rental history. "Right now, we are facing an unprecedented crisis that has led to millions of Americans at risk of housing instabilities and homelessness," Omar said during a press conference. The legislation, which would cancel rent until April 2022, would establish a relief fund for landlords and mortgage...