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by toast0 1389 days ago
And the landlord charges the next tenant significantly more, if they can, to cover losses from this tenant and the now apparent potential of losses from future tenants covered by evicition moratoriums.

They likely can raise the rents for new tenants, because tenants in process of being evicted (formally or not) may rent a new unit with a longer overlap than usual before relinquishing the new unit, and often there are lengthy repairs necessary on units where the most recent tenant was evicted, keeping that unit off the market for even longer. 'Cash for keys' can often get the unit rentable faster, the departing tenant will leave on a schedule and hopefully take better care during the move, or at least allow for inspection prior to moving out to allow for scheduling of necessary repairs and maintenance.

1 comments

The tenant, if any of this goes on their credit report (or they have to use the landlord as a reference) even if eviction doesn’t happen, will also find it almost impossible to rent anything else in the near future. If they are evicted, then forget about renting for however long the eviction stays on their record.