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General Landlording & Rental Properties

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Brad Gibson
Pro Member
  • Rental Property Investor
  • Midland, TX
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Did President’s EO Just Screw Landlords Nationwide?

Brad Gibson
Pro Member
  • Rental Property Investor
  • Midland, TX
Posted Aug 8 2020, 15:51

Did today's executive order that puts a moratorium on evictions just good and rightly screw landlords across the nation?

While he also signed an EO that extended extra UI benefits to those unemployed, it is maxed out at $400 per week and is not fully funded by the Feds. It also relies on the states to come up with a large extra contribution each week. Many governors claim they have no money to contribute and the order also doesn’t bind the states to contribute. 

Finally, there is no relief for landlords in the executive order which might provide funding in the event that tenants don’t pay and cannot be evicted. 

I’m worried about Congress’s inaction & EO’s that are clearly hostile To the rights of landlords. 

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