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Eviction Wave Still at Sea: Will It Make Land?

via MultiHousingNews.com

Paul Fiorilla of Yardi Matrix sheds light on how the multifamily industry continues to brace for an increase in missed rent payments.

The eviction moratorium announced this week by the Trump administration ended fears of an immediate wave of evictions. But the eviction ban, in effect through the end of the year, merely postpones the inevitable problem if double-digit unemployment rates persist and federal aid remains stalled in the U.S. Senate.