No solution in sight as renters, landlords face 'eviction cliff' on June 30

[ansible]

With a moratorium on U.S. evictions set to expire at month’s end, families across the country find themselves in limbo, as legal challenges multiply in a bid to protect struggling renters.

For the millions of Americans who have fallen behind on their rent as a result of the COVID-19 pandemic, June 30 — when the Centers for Disease Control and Prevention’s moratorium will sunset — will be a critical date. The looming deadline has prompted a wave of advocates to push lawmakers for more permanent protections.

The moratorium, which has been in place since September, has been defined by landlords pushing for a return to normal payments, even as nearly 11 million people remain behind in rent. Experts say the trickle of evictions could soon become a flood of renters who owe about $19 billion to landlords.

“This is solvable, but there seems to be a rush by certain property managers, owners and their lawyers to move towards an eviction cliff,” Doug Ryan, a senior fellow at Prosperity Now, told Yahoo Finance in an interview. “I think that's really quite worrisome.”

About 15% of adult renters are having difficulty in paying rent, according to analysis from the Center on Budget and Policy Priorities.

https://finance.yahoo.com/news/no-solution-in-sight-as-renters-landlords-face-eviction-cliff-on-june-30-163036876.html

[madville]

1. A coworker finally got a tenant out of one of his 2 rental properties recently

Hadn’t paid anything in 9 months, he lost out on $9000 in rent during that time. Gonna have to rip the bandaid off at some point, there’s no real solution short of the government paying landlords all their owed back rent, but evictions will have to happen at some point.

[WarGamer]

2. I think the Fed gov't will do something...

And I think SOME Governors will do something.

The recovery is tenuous and an eviction tidal wave won't help...

[roamer65]

3. Boom in used RV and travel trailer sales coming in 3...2...1...

Walmart parking lots are about to get a lot more crowded. Hey

[LTG]

4. Boom already in full force

RVs and trailers are selling at a record pace. Not just used either. Many of the manufacturers have already sold out their production. They can’t keep up with demand.

The number of “full-timers” is also growing. It is becoming more common to see families living full time in their older, and sometimes new, trailers.

They usually acknowledge that cost of living is the major factor, not being able to still afford their home or apartment. They hope to save up to return to their prior lifestyle. A forlorn hope for many.

Some are nomadic but many will rotate between a number of local parks in the area. Many of the children are being home schooled.

It’s hard to imagine parents living with 2 or more children, from newborn to high school, in a 28’ trailer. I imagine stress and tension of such close quarters as a permanent arrangement will lead to climbing rates of spousal and child abuse.

It is fast becoming a normal lifestyle, for all ages, in the U.S.

[2naSalit]

6. It can be rather desperate...

Having to move out of an established place is rough on everyone involved. Having been homeless before, I am certainly trying to avoid ever being there again but the way things are going, I am not so sure...

I am, suddenly having to find housing when there is absolutely nothing available that isn't some vacation trophy home for rent. I don't care to live on wheels again and have made arrangements that allow me to take anything that might open in the near future. The place where I live now is suddenly for sale and both the landlady and I are at a loss for housing. Her son is having a place built for her elsewhere but this place will be bought by next week which leaves her in her RV with 2 horses, a cat and a dog for two or three months. So we are both in a bind, my situation has a lot of parameters that define what I can rent but there is absolutely nothing that isn't too big and too costly.

[no_hypocrisy]

5. Speaking on behalf of my landlord:

The unit below me was available. My friend, his mother, and brother recently lost their home. So I recommended them and they moved in.

And it all went South.

They moved in October, 2019. They stopped paying rent one month later and have relied on the Eviction Moratorium not to pay a cent. Plus, my "friend" changed the lock without permission and has refused to return a signed Lease. They're holdover tenants.

My landlord has lost $1,300 monthly for more than 18 months. It's a four-unit house, so the non-payment decidedly makes a difference.

He has been forced to try to sell the place -- but (you guessed it), my former friend and his family refuse to let the realtor and prospects into their unit -- and who would buy a rental investment without inspection of all units?

I feel guilty, but I honestly had no indication my former friend would do this. My landlord has been very fair with me for 20+ years and doesn't deserve this. Even if he tried to collect the rent in arrears, it will be hard to track down these guys as they have their vehicles registered in another state with a fictitious address.