Will the eviction ban boost rent arrears?

In contrast to the surge in mortgage forbearance following the CARES Act, we doubt the recently announced eviction ban will trigger a jump in rental arrears. For those who can afford it, deciding not to pay the rent still comes with significant costs. That said, with unemployment set to remain elevated for the next few years, and government support to incomes dropping back, a modest rise in rental arrears is likely over the next few months.