“We’re Screwed”: The Worst Months For Both Renters And Landlords Still Lie Ahead

Via ZeroHedge

Rent has barely trickled in across the U.S. over the last couple months as the country continues to grapple with a decimated economy as a result of the coronavirus pandemic. The only reason that many landlords have not gone belly-up alongside of their respective tenants has been due to the emergency “relief” provided by the government in the form of relentlessly printing, handing out and destroying the U.S. dollar.

Now, with further emergency funding still up in the air and eviction moratoriums about to expire, an ugly picture is starting to emerge for both renters and their landlords. In fact, Bloomberg predicts that the “worst is yet to come”. 

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