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alwaysinasnit

(5,038 posts)
Fri Jun 12, 2020, 09:47 PM Jun 2020

Fears grow of an eviction apocalypse

https://www.axios.com/eviction-crisis-coronavirus-351bb693-a04f-4ea1-a27d-dceb5163af14.html

Most states paused evictions when the coronavirus hit — but those holds are expiring at about the same time that more generous unemployment benefits are set to dry up.

Why it matters: The one-two punch could easily exacerbate the housing crisis for Americans already bearing the worst of COVID-19's effects.

One fifth of adults polled in May said they had slight or no confidence they would be able to pay their rent or mortgage due in June, according to a weekly Census survey measuring COVID-19’s impact on Americans.
An Urban Institute analysis of Census data found nearly 25% of black renters deferred or did not pay their rent last month, compared with 14% of white renters.
In Michigan, courts are bracing for "a coming deluge" of as many as 75,000 landlord/tenant filings. (The state's moratorium expired this week.)

The big picture: The pandemic — which forced an economic collapse — is adding new burdens on top of the country's longstanding housing problems.

"There was a supply and affordability problem before, and the opportunity for it to get a lot worse presents itself, unless there's really good support coming from the federal, state and local level," Paula Cino of the National Multifamily Housing Council, a trade group for the apartment industry, tells Axios.

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alittlelark

(18,886 posts)
1. The RICH r thrilled - they r set to buy up all properties w/ future value.
Fri Jun 12, 2020, 10:01 PM
Jun 2020

Their agents are already lining up options. It's working the way it always works.

alwaysinasnit

(5,038 posts)
4. That's Disaster Capitalism for you. It's is all about wealth transfer from the Have-Little to
Fri Jun 12, 2020, 10:21 PM
Jun 2020

the Have-Mores.

scarletwoman

(31,893 posts)
2. On top of all the rest of the hardship, what happens to their ability to vote if they're evicted?
Fri Jun 12, 2020, 10:16 PM
Jun 2020

Democrats need to prepare for organizing voter registration for the newly homeless.

scarletwoman

(31,893 posts)
5. I've been worrying about this for a while, but I don't know what to do about it besides
Fri Jun 12, 2020, 10:25 PM
Jun 2020

just pointing it out as often as possible.

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