President Elect Biden has a new stimulus proposal on the table that could push the eviction and foreclosure moratorium out to September allowing tenants to have free rent for up to 18 months from when it originally went into effect with the CARES Act. In this video, we discuss the eviction moratorium extension as well as the additional $30B of rental assistance that is being proposed and how it could help the economy if applied correctly or could hurt the housing market if the rental assistance goes unused.
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Information mentioned in this video on Rental Assistance:
➜➜New Stimulus Update – Emergency Rental Assistance Explained – https://youtu.be/GNilvTP4IHE
Please let me know your thoughts below on Biden’s new proposal: what are your predictions for the housing market 2021 forecast and the housing market 2021 california? How will all of the stimulus affect the economy long term? After watching this video, do you believe you should be buying a home this year or if now is the best time to sell a house?
Do you believe a house market crash 2021 or real estate bubble will happen? If so, why? What are your thoughts on the Orange County real estate market and the potential real estate crash for orange county real estate?
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Jeb Smith (huntington beach Realtor/orange county real estate)
Coldwell Banker Realty
➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith
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