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Despite a temporary extension by President Biden, the national eviction moratorium is scheduled to end on October 3. It’s estimated that 3 million Americans are at risk of eviction when the moratorium finally ends, and even a further extension is only delaying the inevitable. Compounding this problem is the fact that with home prices rising and rental incomes falling, many private landlords are opting to sell their investment properties. This reduces the overall number of rental properties available.
Simply put, the moratorium is just a band-aid on a bleed-out. The pandemic may have spotlighted the details ⇒
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