Biden’s $1.9T package would extend eviction ban, boost rent relief

TheRealDeal ^ | 1/15/21 | TRD Staff

[eastforker]

President-elect Joe Biden on Thursday outlined a $1.9 trillion emergency relief plan that would have major consequences for real estate and the economy at large.

The proposal would extend a national moratorium on evictions and foreclosures to Sept. 30. The moratorium is set to expire Jan. 31,

[eastforker]

They still have not told us landlords how to apply for the initial 25 billion, he wants 30 billion more for rent relief. I have one renter that has not paid since last may. Mortgage and insurance still has to be paid.

[BenLurkin]

This kind of thing is powerful evidence of how DC is too powerful.

[eyeamok]

Biggest Land Grab in History in 1.2,3..

[cowboyusa]

People will want Trump back in 2 mounths.

[Vermont Lt]

Does it give landlord relief? I cannot imagine having to maintain a property, pay taxes and insurance,....and not be able to collect rent.

[ConjunctionJunction]

Another $2 Trillion!

[Vermont Lt]

And the Fed owns all of the other mortgages.

[antidemoncrat]

And $350 billion to bail out bankrupt Democratically controlled cites that Nazi Pelosi tried to bail out for over six months and held up real Covid-19 relief until the fix was in.

[cuban leaf]

When leftists are in charge, it’s a good time to not be a landlord. Eviction my murder is messy business.

[eastforker]

Yes, but no one knows when we will be able to apply. I have an attorney that specializes for landlords, she still does not have the info. Renters are supposed to apply and landlords are compensated directly.

[cann]

I’m in the same boat

[Jess Kitting]

Biden has a "package"?

Wonder how it compares to Michelle O's.

[maxwellsmart_agent]

There go the democrats, spending money that we don’t have, building a massive debt for our children and grandchildren.

[july4thfreedomfoundation]

LOL!

[dynachrome]

Everything will be free under our new gods, joe and the ho!

[glimmerman70]

Just go ahead and spend 5 trillion.. give us all 10k and tell us we are screwed. We are going to social system. Let the fight commence.

[HighSierra5]

Our private mutual water company is hurting because of certain people taking advantage of the Covid BS. Yep. It’s not only a land grab but a business and sovereign issue as well.

[lepton]

A FEDERAL eviction ban?

[eastforker]

yes

[BookmanTheJanitor]

I have more than one renter....sigh.