The housing industry is about to experience a wave of turnover. The Federal moratorium on evictions that was put in place by the CDC came to an end on August 1. Some states and cities still have local regulations in place which may further protect tenants from eviction.
I’m going out on a limb today to predict that as the moratorium on evictions is lifted we will see a game of musical chairs are tenants in arrears scramble to find new accommodations. In the process, we will experience a wave of emergency repairs to rental properties putting further pressure on the construction supply chain.
Host: Victor Menasce