As a landlord, I can tell you that the government does NOT replace ANY of the missed rent.
Moreover, while many tenants have continued to pay their rent - MANY have gradually started realizing that I am unable to evict them, and have completely stopped paying rent. Moreover, they have started collaborating under the assumption that there is more protection if they do it together.
Like other landlords, I have lost a tremendous amount of money in this pandemic. My 12 unit complex represents my retirement, so this hit me very personally.
It's incredibly unfair that the most honest tenants continue to pay. The ones not paying are not paying because they know they can get away with it - not because they cannot pay - they are all still working.
Moreover, while many tenants have continued to pay their rent - MANY have gradually started realizing that I am unable to evict them, and have completely stopped paying rent. Moreover, they have started collaborating under the assumption that there is more protection if they do it together.
Like other landlords, I have lost a tremendous amount of money in this pandemic. My 12 unit complex represents my retirement, so this hit me very personally.
It's incredibly unfair that the most honest tenants continue to pay. The ones not paying are not paying because they know they can get away with it - not because they cannot pay - they are all still working.