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Updated about 4 years ago on . Most recent reply

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8
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2
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Linda VanSprange
2
Votes |
8
Posts

Rent Moratorium - Short & Long-term Consequences

Linda VanSprange
Posted

With the stroke of a pen, government canceled a portion of private contracts between landlords and tenants - i.e. requirement to pay. Would love your wisdom and insights. Why/How can they do this? What do you see as the short and long-term ramifications, both legally and for the real estate market. Thanks!

Most Popular Reply

User Stats

44
Posts
34
Votes
Rachel Morrow
  • Real Estate Agent
  • Kansas City, MO
34
Votes |
44
Posts
Rachel Morrow
  • Real Estate Agent
  • Kansas City, MO
Replied

It's all a power play. The government knows that real estate holders also hold power and that supporting landlords doesn't support their plan to keep the population under their thumb. 

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