Writing · Real Estate (general)
The Federal CARES ACT passed in March protects renters living in properties with government-backed mortgages from eviction until July 25. While the intent of lawmakers might be to protect what they consider the most vulnerable in our society this sends a grave signal to landlords. Halting evictions cuts away at the very fabric of contracts to lease property and undermines the rights of owners. Ironically in the end this will most likely put more pressure on low-income tenants and result in higher rents. "- Bruce Wilds via Advancing Time blog
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