Evictions have markedly increased over the past two years, particularly affecting seniors aged 65 and over, who have risen by 2.4 million since 2013. Many older renters remain in rent-controlled properties and are vulnerable to 'no-fault' evictions, which occur not due to tenant behavior but landlord decisions such as selling or renovating properties. There is a notable rise in evictions in cities like Oakland, Los Angeles, and New York, with financial incentives prompting landlords to reclaim low-rent units and re-rent them at significantly higher rates.
Many of these older renters are likely living on fixed incomes or in rent-controlled properties that landlords now want to reclaim.
A 'no-fault' eviction, however, occurs for reasons that have absolutely nothing to do with a tenant's behavior.
In Oakland, CA; Los Angeles; and New York City, for example, tenant groups have witnessed massive increases in the Ellis Act and owner move-in evictions.
It also makes financial sense for the landlord as an eviction allows them to re-rent at a much higher rate or lease the property for more lucrative purposes.
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