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Craig Moffett
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Rent Freeze during Covid Pandemic

Craig Moffett
Posted

Has there been any discussion here yet about governments potentially ceasing ability to collect rent for a certain time frame during this Covid pandemic. While there is a great economic strain on people living paycheck to paycheck I also assume some landlords live off there cash flow. Any ides on how to combat this?

  • Craig Moffett
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    Nick C.
    • Investor
    • Tampa, FL
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    Nick C.
    • Investor
    • Tampa, FL
    Replied

    A moratorium on evictions is the same thing as a rent freeze. If a tenant can't be evicted, then paying rent becomes optional. My guess is there will be no moratorium on foreclosures, so this would be a disaster in so many ways. 

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