Millions of Americans Could Face Eviction

J. Harris

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Housing protection expires this month, June 2021

If these are renters and not homeowners and the home is leased under one name, just think how many people will be affected by this.

Housing advocates say the ban is lifting at a terrible time for property owners and tenants alike, with states still scrambling to distribute the $45 billion in rental assistance.

Millions of Americans could face eviction as housing protection expires in June
More than 11 million Americans are behind on their rent and many could be pushed from their homes when the national…www.cnbc.com

Most at risk are people of color, those with low incomes and older Americans.

We will have a new surge of homeless on the streets or in shelters and if they are lucky in hotels. They could also end up living on the beach.

Landlords have criticized the CDC policy, saying they can’t afford to house people for free or shoulder the country’s massive rental arrears. It’s a slippery slope. In Florida, the number of households evicted could be as low as 491, or as high as 51,066.

More than 8.3 million U.S. renters reported being behind on rent payments as of March 15, with 16.8% (1.41 million) of those people that responded they were ‘very likely' to be evicted in the next two months. 

While these numbers are sobering, it is expected that a small fraction of those fearing eviction will actually lose their homes — not all landlords will choose to evict, and also, not all eviction filings result in actual eviction judgments in courts.

Every tenant-landlord relationship is unique, but evictions based strictly on owed rent aren’t always in the landlord’s best interest. The process of evicting a tenant is time-consuming, and in the end, landlords might find themselves struggling for several months to fill vacant units, which will ultimately cost them even more.

One mutually beneficial solution is offering a repayment plan and amortizing the back rent into ongoing rent payments, with landlords effectively serving as private creditors as they recover back rent over time. In this scenario, the benefit to the renter is avoiding an eviction, and the landlord is made financially whole. However, that might not be feasible for landlords who need a steady cash flow to make mortgage payments and remain afloat.

But, if the renters can’t afford payments now, how are they supposed to pay even more with the repayment plan? It seems to me the problem could get worse and worse. I don’t think they were not making their rental payments because they did not want to, but because they couldn’t in the first place due to job loss and sickness due to Covid-19. 

Good News 

The U.S. Centers for Disease Control and Prevention announced Monday its new order prohibits residential evictions for non-payment due to COVID-19 through June 30. Its previous eviction moratorium was to expire on April 1.

The extension is good news for distressed tenants in Florida, where there is no state moratorium against evictions.

The CDC says evictions amid the pandemic contribute to greater transmission of coronavirus by forcing households to become homeless or take up residence with others — in both cases causing more people to be exposed to the disease and to spread it.

With thousands facing eviction in FL during COVID, federal moratorium is extended, but legal…
Health authorities extended a federal moratorium on evictions Monday, protecting distressed renters in Florida and…www.floridaphoenix.com

We are still going through changes that we did not ever have to deal with before. Housing experts are hopeful federal COVID relief will soon reach distressed tenants and distressed landlords so that fewer families will be evicted and fewer property owners will go out of the housing business.

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I usually write about a lot of subject matter from my own personal life to animal behavior. Everything in between. I have been writing for over two years but have always been a writer and avid reader. I lived in Atlanta, GA for sixty years then moved to South Florida and it was a huge change for me. I write truth as I see it in hopes it will help others.

Plantation, FL
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