New Limited Eviction Ban - Issue or nonissue in Jax?

[Jack Bobeck]

So the CDC came out and issued a new Eviction Moratorium which postpones evictions for another 60 days due to Covid and the Delta variant. Since it covers 80% of the US and 90% of America, probably a good bet it covers NE Florida, a local hotbed for Covid related stories. 

So is this just more nonsense or is this the beginning of more Eviction Bans? Surely we will see new variants of airborne illnesses. All landlords have a new business partner too, the US Government. It does affect those of us as well that are doing lease option deals somewhat, but anyone concerned about the future Beta and Epsilon and Gamma and Greek alphabet variants coming out?

This might be good news for Flippers with landlords looking to get out of dealing with the government, maybe loosen up some of the inventory. Doubtful that Wall Street will want older homes, they are looking to buy new homes and rent them out. They can afford to have the Government in both front and back pockets, but Mom and Pop, how much more are they going to tolerate?