October 20, 2021
Real Estate

Real estate industry spends over $100 million lobbying against eviction moratorium

The real estate industry spent over $100 million lobbying Congress during the coronavirus pandemic against eviction moratoriums.

The country’s largest real estate industry group, the National Association of Realtors (NAR), spent more than $84 million last year challenging the ban that prevented evictions nationwide, first reported Open Secrets this week.

BIDEN ADMINISTRATION ANNOUNCES NEW, TARGETED EVICTION MORATORIUM FOR MANY RENTERS

The NAR spent another $18 million in 2021 alone challenging the very policy that the Biden administration extended earlier this week. 

The Centers for Disease Control and Prevention (CDC) implemented an additional eviction freeze following fierce backlash from progressives on the Hill who called on the administration to step in after the previous ban expired on July 31.

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Read full article here: www.foxbusiness.com