An Atlanta Journal-Constitution analysis of eviction filings from Fulton, DeKalb, Cobb, Gwinnett and Clayton counties found that more than a third of the 1 million cases filed since 2010 were serial filings — filings made within a year of one another at the same property, against a tenant with the same name. The AJC found more than 70,000 cases where renters got three or more eviction notices at the same property…
Falling behind one month often leads to a grueling cycle of repeat filings and eviction fees, leaving a tenant thousands of dollars in the hole with a ruined financial record in the process. Tenants carry those filings with them, making it harder to rent somewhere else, even if they were never actually evicted.
This probably is not solely an Atlanta thing. My guess is cities like Seattle, San Francisco, and DC where affordable housing is becoming a crisis problem as rents are skyrocketing. Amazon HQ2 coming to Atlanta would probably make the problem much worse. Though, 20% of rental households experiencing this makes worse seem unfathomable.
My guess is tenants sign a lease near the 30% household income which is the legal threshold. I wonder if landlords are required to recheck household income as they annually raise rents? If not, people could be fine the first couple years, but end up in a situation where they are no longer able to afford their home because rents are going up 19% a year where hourly wages are 4% a year.
The company noted in the story has about half their tenants with serial filings. For them to be serial filings, they are allowing these people to stay. Probably not because they have hearts of gold, but because turning out half your tenants means you will have vacant units which earn you no income.
From Eviction filings to collect late rent published June 26, 2018 at 05:32PM.