'The eviction moratorium is killing small landlords,' says one, as ban is extended another month
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the Centers for Disease Control and Prevention's
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the National Apartment Association
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the Small Multifamily Owners Association
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Bob Pinnegar
Howard Simon
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Dean Hunter
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Massachusetts
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Summary
I'm just a small landlord, and I'm not a big corporation like many of the other large rental organizations, so although the funding is very helpful, if the tenant doesn't cooperate everything falls apart," said Simon. It said the U.S. Treasury would clarify "how grantees may achieve economies of scale by obtaining information in bulk from utility providers and landlords with multiple units to help speed the determination of household eligibility and to bundle, in a single payment, approved amounts for the benefit of multiple eligible tenants." That, and other efforts from state and local governments, should help some, but if landlords don't get the relief they need, there will be ramifications for the wider housing market."What there is going to be a tsunami of is a loss of naturally occurring, affordable housing, because small landlords are going to sell their properties," said Hunter.
As said here by Diana Olick