Millions of Americans Are About to Lose Their Homes. Congress Must Help Them.
By failing to contain the coronavirus, the United States is allowing what began as a temporary disruption of economic life to do lasting damage to the nation’s prosperity and prospects. With little chance of an imminent economic rebound, millions of Americans who have lost their jobs during the pandemic are now in grave danger of losing their homes, too.
Twenty-two percent of households say that they don’t expect to be able to make their next monthly rent or mortgage payment, according to a Census Bureau survey.
Temporary limits on evictions, imposed in the early weeks of the U.S. crisis, are gradually ending, and a growing number of lenders and landlords are seeking to evict those who cannot pay.
The plight of desperate tenants and homeowners is attracting far less attention than it did during …continued .
[Source: New York Times]