Who will protect the Landlord in 2022 from nonpayment of rent?

[Leona Usaty]

Does anyone have experience with non-pay rent tenants for 2+ years? Tenants currently under LA County's Tenant Protections.

The City's eviction moratorium is scheduled to expire on January 31, 2023, except if tenants cannot pay their rent due to COVID-19 for rent due December 2022 and January 2023.

The LA county and city protect tenants, that’s is good, but who is protected the Landlord? If the landlord defaults on a mortgage due to default by Tenants. Any comments or recommendations will be very helpful! Thanks

[Ron Brady]

@Leona Usaty and @Jinyu Shao - I feel for you! @Nathan Gesner hit the nail on the head--anyone who is not paying rent today is choosing to forego the many available jobs out there. Even in NJ, our elected officials ended the COVID landlord restrictions some time ago.

The answer to your question of who will protect the landlord? The landlord--by choosing where to invest recognizing that the regulatory environment can make or break you.

Best wishes.