Biden Eviction Moratorium Crushes Small Landlords: I’m Out $24K While Tenants Buy Boats

By  Amanda Prestigiacomo

A landlord from North Carolina is speaking out against the Biden administration’s extension of an eviction moratorium as he faces a $24,000 hole from unpaid rent while his tenants, the landlord said, are “buying boats.”

Buddy Shoup told Fox & Friends this week that he’s owed $24,000 in unpaid rent due to policy prescriptions supposedly tied to the coronavirus pandemic. As he hemorrhages costs, Shoup outlined, his tenants bypassing rent have purchased three boats.

Despite this financial dilemma, “the federal government slowly dribbles out rental assistance, of which only 7% has been doled out to renters in need,” Fox News reported.

“[The money] was used, they went and bought brand new boats, but I mean, you know in a time of crisis like what we’ve been through, you’re evidently getting money from somewhere, but it’s not getting to me,” Shoup said.

“It goes way beyond the loss of rental income, we’re still bound by county rules and laws,” the North Carolina man added. “We have to maintain the property.”

full story at https://www.dailywire.com/news/biden-eviction-moratorium-crushes-small-landlords-im-out-24k-while-tenants-buy-boats