Shadow credit score could decide whether you get an apartment
While I realize this is a personal anecdote, the pandemic made starkly clear that the government <i>will</i> basically commandeer your property and force you to let tenants live there, so with that added risk it&#x27;s no surprise landlords are being extra careful who they rent to.<p>I had a family member rent to someone in Feb of 2020. He paid one month of rent, and then <i>nothing</i> until the government finally let the eviction go through in Dec 2021. I don&#x27;t entirely blame.the government, in that if my family member did even basic due diligence they would have seen how much of a grifter this guy was, with previous bankruptcies and other recent evictions. Still, in the past, when you made a mistake and got a bad tenant, the option was eviction. And while the government largely paid most.of this grifter&#x27;s rent, my family member was still out over 15k in lost rent and legal fees.<p>As a consequence of this, <i>nobody</i> in my family would ever consider renting a property as a long term rental again - there is just too much risk, which means you&#x27;ll see a lot of small, private landlords get out, only to leave large corporate landlords who will have much stricter rental policies.