There are no simple solutions to all the financial difficulties associated with the inability of so many to earn their normal income during this current situation with Coronavirus. So many of us simply can not afford what we could previously afford. Mortgages and rents are the most significant expenses for many who are now unemployed, so many of us will be unable to pay them.
The current eviction moratorium protects those who might otherwise be evicted from their homes or commercial properties for their inability to pay their mortgages or rents. However, it is no remedy for the disruption of revenue that those who own the mortgages or rental properties rely on. Many of them also need to pay mortgages and rents. Everyone has innate expenses.
It will take a while for those who own rental properties to recover from any lapse of revenue, but it will likely be easier than renting to new tenants while so few can afford to rent. Similarly, it will be easier for lending institutions to recover from delinquencies of mortgage revenue than to foreclose on so many properties simultaneously. It is no simple solution, but it likely helps.
The main advantages of eviction moratoriums are that fewer businesses will need to vacate commercial properties, and fewer people will become homeless. These are significant advantages! Homelessness is already a problem for those who are currently experiencing it. Society can certainly do without more functional and formerly gainfully employed people becoming homeless.
We are so fortunate to live within a society that is both very generous to those who lack homes, and proactive in facilitating the retention of homes for those who have them. Otherwise, more of us would likely be homeless soon. Recovery from this currently unpleasant situation will be a long and difficult process.