Most predictable consequence ever. Did everyone think they just weren't gonna owe the money? And how about the people that the landlords owe? Everyone thinks other people's money solves their own problems, but it's finite.
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Yes, that’s exactly what they think. I’ve literally had people say to me that they do not have to pay rent anymore because of COVID.
End of conversation
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Expect this to happen everywhere
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One more reason I kept paying my rent. The bill always comes due, sooner or later.
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The same is about to happen in New York. It’s going to be a blood bath.
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When the eviction moratoriums run out and when the PPP runs out, the real devastation of the misguided shelter in place and total economic suicide will be evident.
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Landlords still have to pay their rent (property tax) all the licenses, inspections and labor/material costs for maintenance. That money has to come from somewhere
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Get the jobs going so people can pay their bills.
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Probably an excuse to evict the tenants who were bad before the pandemic. It would be a financial mistake otherwise.
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It’s like utility bills, They pile up. They’re owed and not forgiven.
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