Mom-and-pop landlords across the United States are coming under increasing pressure as a patchwork of regulations and eviction moratoriums passed by the federal government, states, counties, and municipalities in the wake of the CCP (Chinese Communist Party) virus crisis have strongly curtailed their ability to enforce their property rights. Some landlords’ associations have resorted to legal action (pdf) to challenge the moratoriums, as many are currently unable to evict tenants breaking the terms of their lease agreement, such as those causing a nuisance to their neighbors—unless those tenants pose a danger to public health.
“With the moratorium in place, property owners have no ability to enforce anything in their leases,” Garvey claimed. “If tenants are causing a nightmare for other residents, or neighbors, there is nothing the owner can do about it. If they are tearing up the place, same thing.”
“In good times, approximately 9¢ of each dollar in rent is available as income to the owner of a well operated property,” Garvey says.
These are bad times to be a landlord in many places, as tenants are sometimes gaming the system to the financial detriment of landlords.
