Millions of Evictions Are a Sharper Threat as Government Support Ends
For the 108 million people who live in a rental home or apartment, Aug. 1 was a grim milestone. It marked the first time rent was due after much of the nation’s economic response to the coronavirus had expired.
The lapse of expanded unemployment benefits and federal, state and local eviction moratoriums is forcing lawmakers to figure out how to extend those protections. It has also left experts resorting to natural disaster metaphors (“avalanche,” “tsunami”) to describe the scale of potential evictions.
Unlike the U.S. economy, which was enjoying the longest expansion on record, housing — specifically rental housing — was troubled before the virus hit, with problems going back decades. A little under four million evictions are filed each year, one in …continued .
[Source: New York Times]