Seattle to issue moratorium on residential evictions

[Scott S.]

Link to the Seattle Times article below.  I expect this to be the first of many moratoriums related to the Coronavirus pandemic across the country.  

https://www.seattletimes.com/seattle-news/health/durkan-to-issue-moratorium-on-residential-evictions-in-wake-of-coronavirus-outbreak/

[Scott S.]

Originally posted by @John Barrett:

@Scott S. More reason than ever to work with your existing tenants to come up with a plan that works for everyone.  The reality is that there are not nearly as many evictions as people think so I don't anticipate this is going to have a major impact.  The challenge will be if this extends on for a long period of time then the folks who have been operating with really thin margins could potentially get squeezed.

John

@John Barrett  You and I are at ground zero.  The dominos are just starting to fall.  Restaurants are being forced to close in states  and cities like California, Illinois, Ohio, New York City.. yes, the ENTIRE state of California.  All those low-wage jobs that pay rent.. the list grows by the hour.  

https://fox2now.com/news/list-states-that-have-closed-restaurants-and-bars-to-dine-in-customers/