Real Estate Industry Spends Over $100M Lobbying Against Eviction Moratorium

Published by FOX Business | August 6, 2021

Democrats successfully pressured the administration to roll out another temporary 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.

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 Democrats on the Hill, who called on the administration to step in after the previous ban expired on July 31.

Led by Rep. Cori Bush, D-Mo., who slept on the steps of the Capitol for several nights in protest of the policy lapse, Democrats successfully pressured the administration to roll out another temporary moratorium.

The new eviction ban is not a blanket policy but covers 90 percent of Americans in “high transmission” areas. The latest moratorium is set to expire in October.

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