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Showing posts from October, 2022

Greater eviction rate since Covid

  Covid caused a lot of unsettlement and problems for a large chunk of the world. Businesses went bankrupt and shut down, people lost their jobs, and the economy crashed. The prices of oil went into the negative for the first time in the history of the world. It was absolute chaos.   The time post covid for landlords and tenants has been unsettling. The entire world has been turned upside down and shaken. Let us take a look at how Covid impacted landlords and their tenants.   The chaos starts When Covid hit, many companies struggled to stay afloat. People stopped leaving the house out of fear or mandate, and because of this, the economy of the entire world suffered. People stopped going out to malls and shops and subsequently stopped buying as many products. Even home deliveries were at an all-time low. When Covid started spreading, no one had full information on the virus. People didn't know whether it would spread through sneezing, coughing, and the air. It was being sp