We reported before that the predicted wave of evictions has not yet materialized, but that does not mean there is not a lot of suffering. That suffering is not just confined to tenants who may have a harder time making timely and full rent payments, landlords are suffering as well.
As reported in The City, “Mom-and-Pop Landlords, Struggling to Collect Rent, Face Hard Times.” While the story focuses on New York landlords, the situation in New York replicates itself all over. Many landlords are small, family run operations with limited resources to absorb low- or slow-paying tenants.
Eric J. Ellman is Senior Vice President for Public Policy and Legal Affairs at the Consumer Data Industry Association (CDIA) in Washington, DC. He also served for eight months as Interim President and CEO of the Association. More