Free Republic

Landlord groups are suing the Biden administration for extending the pandemic eviction moratorium from the Centers for Disease Control and Prevention, claiming the new order can only be extended by new legislation, as ruled by the U.S. Supreme Court. The Alabama and Georgia associations of Realtors filed an emergency motion Wednesday night with Judge Dabney Friedrich of the U.S. District Court for the District of Columbia, asking her to enforce the Supreme Court's recent order stating that the CDC could not extend the moratorium without new legislation. The Alabama Association of Realtors said the CDC issued the new order "for...

The majority of the nation’s landlords are individual investors. They own about 23 million units in 17 million properties, according to the U.S. Census. More than 6 million renter households are behind on rent. The one-month extension of the Centers for Disease Control and Prevention’s eviction moratorium was welcome news for tenants but another nail in the coffin for some struggling landlords. Groups representing landlords had been lobbying hard to end the moratorium and now warn even another month will put some of those landlords out of business. “Each passing month further escalates the risk of losing an ever-increasing amount...