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Updated over 3 years ago,

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10,126
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4,890
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Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
4,890
Votes |
10,126
Posts

$20 Billion in Unpaid Rent yet there is $45 Billion for Renters

Andrew Syrios
Pro Member
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorPosted

So the "eviction crisis" we're hearing so much about comes down to $20 billion in unpaid rent nationwide. https://www.newsweek.com/evict...

But there's a $45 billion fund for renters available: https://www.fool.com/the-ascen...

Of course, only $1.5 billion has been doled out despite it being around for months. Honestly, $20 billion is nothing compared to the two separate trillion plus dollar stimulus packages. If this truly is a crisis, the solution seems obvious and is already funded more than twice over. The level of incompetence in rolling this out is truly spectacular.