California is paying off residents' past due rent that was accrued during the COVID-19 pandemic, giving renters a clean slate, Gov. Gavin Newsom announced recently.
"We should do our best to get back to the starting point where we were in December of 2019.
Anything other than that is taking advantage of a crisis," said Keith Becker, a property manager in Sonoma County.
He revealed that 14 tenants have not paid $100,000 worth of rent.
Newsom says California will pay off all past-due rent accumulated in the nation's most populated state because of the fallout from the coronavirus pandemic, promising to make landlords whole.
An extension of the eviction ban seems likely to give California more time to spend all the money to cover unpaid rent.
Becker says the overdue rent payments put financial pressure on the owners, who he says have "resigned themselves to it.". »