Real Estate

CDC move to stop evictions draws heavy criticism from both sides

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Late Tuesday, as temporary, coronavirus-related eviction protections in several states had expired, the Trump administration announced a somewhat creative plan to stop most rental evictions through the end of the year.

The White House issued an order through the Centers for Disease Control and Prevention that declared evictions during a pandemic are a national health hazard. The unprecedented order by the CDC came after a federal moratorium on evictions from properties with federally backed mortgages expired at the end of July.

While tenant advocates applauded the eviction action, most said the administration’s move lacked the necessary financial relief for both tenants and landlords to…



Source cnbc.com

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