[Ed. – He lacks the cojones to say no to the far Left.]
President Biden’s decision to revive the federal eviction moratorium is bad policy. It helps renters at the expense of millions of small-scale landlords, most of whom own a single rental property and cannot absorb thousands of dollars of unpaid rent. Read the stories of these landlords —who are essentially small business owners and, in many cases, working-class immigrants — and it becomes obvious #CancelRent is not the simple demand of justice for the downtrodden it is often made out to be. Bankrupting small landlords out of the rental game won’t mean no rent; it will mean the only landlords left are big corporations newly freed of independent competition.
Biden’s call is likely bad politicking, too, as my colleague Jim Antle has argued. His attempt to please all constituencies may end up disappointing them all instead.