RENO – Research released this week by Nevada REALTORS® (NVR) shows the ongoing eviction moratorium is harming local landlords and tenants alike, though “mom-and-pop” landlords in Nevada are being hit especially hard.
The report also estimated that the ongoing ban on evictions as still mandated by the Centers for Disease Control (CDC) has already cost Nevada and its economy at least $511 million in lost economic output.
Unfortunately, NVR President Brad Spires said, “mom-and-pop” landlords have suffered more than their share of these economic hardships and typically have fewer resources than owners of multiple-unit developments and apartment communities.
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