Do Eviction Moratoriums Hurt Landlords or Tenants More?
One argument for the moratoriums hurting tenants is that landlords have increased their criteria for deposit funds. The normal amount, which is one month’s rent, has now increased to two or three months rent, and many tenants are having a harder time coming up with that extra money. Meaning the pool of homes that a renter might want to rent has shrunk considerably, and people who have more flexibility in their finances are in a better position than those with less cash on hand to pay deposits.
Oana Sterlacci-Miller
702-285-4207
broker@nvrs.com