“Redfin has consistently spoken out in favor of moratoria,” said its managing director Glenn Kelman. “History will judge us.”
April 16, 2021, 9:16 p.m. ET
Zillow also supports the CDC Edict and believes that moratoriums work most effectively when policies and assistance programs include landlords and property managers in addition to tenants. Research released last month suggests that if everything is in order with laws, regulations, their implementation and the economy, there could be only 130,000 evictions in the near future. But it’s hard to predict.
On location in Atlanta, Bilal Shareef also sees the wisdom of the coordinated approach that Zillow outlines. “I definitely don’t feel like we should sue the government,” said Shareef. “Instead of evicting tenants, you are also providing support to landlords.”
Mr. Shareef is president of the Empire Board of Realtists, a pointy trade organization that was founded in 1939 when other groups excluded black real estate professionals from their ranks. He is also one of the 1.4 million members of the NAR
“Sometimes we have to be inside to keep them honest about some things,” he said.
Warren Buffett’s Berkshire Hathaway plays a huge role in the Georgia real estate sales scene. Its executive director there, Dan Forsman, said in an interview this week that he did not take a public position on the eviction moratorium before I called him. But Mr Forsman believes the moratorium should end on June 30th, the end of its current extension.
His view is nuanced because he had Covid himself. “I was scared to death,” he said. The moratorium made sense to him last year when it became clear how concerned some of his employees were. The unemployment rate was also terrifying. In the Atlanta area, it grew to 12.9 percent last April. By February, however, it had fallen to just 4.7 percent.
“I am grateful for the guidance the CDC has shown,” said Forsman. “They put their tails on a leash and protected those who couldn’t protect themselves. And now it’s time to move on. “