Barb Schlinker The Real Estate Voice

How the Eviction Moratorium will Affect the Real Estate Market

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Sinopsis

How the Eviction Moratorium will Affect the Real Estate MarketWe know that people do not live in their home the same way they have their homes on the market.  Recently we read in the news that Governor Polis put a moratorium on Evictions if the tenant can prove their financial hardship is due to Covid.  What impact will this have on the Real Estate Market? First of all, I know there are some career fields that are being harmed by this awful pandemic. I think this ruling does have some merit, but I can see how it could be abused. I also think it has a negative impact on investors to be motivated to purchase rental real estate. There is at least 1 buy and hold investor in this market who just increased their maximum cap on investments because the prices are rising pretty quickly. I do think the negative impact though for tenants, is that it will be harder for them to qualify for rental homes and townhomes because they will be scrutinized a little harder.In my opinion, often when the government gets involved it’