…Although tenants can’t be locked out for non-payment, the moratoria do not abate or cancel out their rent, and non-paying tenants fall deeper in debt every first of the month.
The analysis by Stout estimated the total amount of unpaid rent through January in New Jersey could be as much as $832 million.
Advocates note that the money is owed largely by tenants who fell behind in the first place because they had lost their jobs and much or all of their incomes.
“Just because a moratorium ends doesn’t mean everybody’s got their job back, and a great many people are going to have trouble paying their rent going forward,” said Matt Shapiro, president of the New Jersey Tenants Organization…
About the American Property Owners Alliance
The American Property Owners Alliance (The Alliance) is a nonpartisan, non-profit organization created to protect and support property owners and pave the way for future property owners. Our mission is to educate property owners about federal issues, laws and policies; to advocate for owners’ rights and interests; and to mobilize, when necessary, to secure those rights and interests.
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