Just a Landlord

https://oklahoman.com/article/5671376/analysis-eviction-moratorium-will-compound-problems-housing-industry-leaders-say

It’s hard to hear it above the din, but the renter eviction moratorium has housing trade groups and nonprofits sounding an alarm.

“Rental assistance is necessary to pull the country back from the brink of a housing and financial crisis,” according to groups calling on Congress to step in that include the National Association of Realtors, National Association of Home Builders, Mortgage Bankers Association, National Affordable Housing Management Association, National Multifamily Housing Council, National Association of Housing Cooperatives, National Apartment Association and others.

The devil is in the details of this road paved with good intentions.

“This is fluid right now and seems to be changing frequently. It sounds great to keep people in their homes, but making the total rents due Jan. 1, and allowing fees and interest (if it is in the lease) is setting people up to fail. That combined with the people (landlords) not able to pay the mortgage without the rent and being foreclosed on is going to end up putting people on the street in spite of these good intentions,” — Kathy Fowler, secretary-treasurer of the Oklahoma City Metro Association of Realtors and managing broker at McGraw Realtors.