When the Moratorium Expires: Three Quick Steps to Reduce Eviction

4 Pages Posted: 31 Jul 2020

See all articles by Salim Furth

Salim Furth

George Mason University - Mercatus Center

Date Written: June 19, 2020

Abstract

Eviction moratoria are set to expire across the country, unemployment is high, and many renter advocates are predicting a “tsunami” of eviction filings. In a legal eviction, a landlord obtains a court judgment against a tenant who has violated his or her lease, either by causing a nuisance or damage on the property or failing to pay. To reduce exposure to COVID-19 for all involved, many localities suspended eviction procedures in March 2019. The sudden end of moratoria will almost certainly result in a surge in eviction filings, if only owing to pent-up requests. Policymakers can avoid a drastic shock to the rental market by encouraging renegotiation, limiting the pace of evictions, and creating incentives for landlord forbearance.

Keywords: eviction, housing policy, coronavirus, coronavirus pandemic, COVID-19, public health, economics, quarantine, economy, economic crisis

JEL Classification: R28, I00, I18

Suggested Citation

Furth, Salim, When the Moratorium Expires: Three Quick Steps to Reduce Eviction (June 19, 2020). Mercatus COVID-19 Response Policy Brief, Available at SSRN: https://ssrn.com/abstract=3664186 or http://dx.doi.org/10.2139/ssrn.3664186

Salim Furth (Contact Author)

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

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