Here’s Why the Eviction Moratorium Is Likely To Create More Homelessness

Hint: It’s about incentives.

In September of 2020, the Centers for Disease Control and Prevention announced that they would implement an eviction moratorium that would last through the end of the year. It is now almost a full year since the start of this “temporary” program, and it has recently been renewed, scheduled to expire at the start of October.

After making the decision, the CDC wrote, “The eviction moratorium allows additional time for rent relief to reach renters and to further increase vaccination rates. In the context of a pandemic, eviction moratoria—like quarantine, isolation, and social distancing—can be an effective public health measure utilized to prevent the spread of communicable disease.”

Aside from the shaky (and possibly non-existent) legal basis for the eviction moratorium, it may also have the opposite of its intended effects in the long run. In fact, it could easily lead to more homelessness than there was before it was put in place due to the incentives it creates in the housing market.

Rest here…