And everybody else's too.
Just where do you suppose all of those deadbeat renters are going to go? Many have no place they can go. Many will not leave peaceably. Some will leave after trashing their former residences out of spite, and making them uninhabitable. Some evictees will end up living 12 to a house - in a neighborhood way too close to you and me.
90% of the rental properties (apartments) in this metro area are owed by 12 Real Estate Investment companies. All of those companies are controlled by Chinese investors. Not noted for their forbearance. There are about 200,000 pending eviction notices which will be enforced as soon as moratoriums expire later this spring.
I am glad that I am not on any Sheriff detail tasked with evictions. They are gonna be swamped. Not looking forward to the aftermath.
Spicy times are coming.
Evictions have to happen. Landlords should not be responsible for absorbing lost rent. Let the zombies come. This all has to end poorly some time. The longer we wait, the worse it will get. I do see your point, but the madness has to end.
Is this in Denver ?
90% of the rental properties (apartments) in this metro area are owed by 12 Real Estate Investment companies. All of those companies are controlled by Chinese investors. Not noted for their forbearance. There are about 200,000 pending eviction notices which will be enforced as soon as moratoriums expire later this spring.
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Denver?
All or most if the apartment complexes are owned/controlled by Communist Chinese investors as well…