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Fri Jun 12, 2020, 09:47 PM

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-19s 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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Response to alwaysinasnit (Original post)

Fri Jun 12, 2020, 10:01 PM

1. The RICH r thrilled - they r set to buy up all properties w/ future value.

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

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Response to alittlelark (Reply #1)

Fri Jun 12, 2020, 10:21 PM

4. That's Disaster Capitalism for you. It's is all about wealth transfer from the Have-Little to

the Have-Mores.

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Response to alwaysinasnit (Original post)

Fri Jun 12, 2020, 10:16 PM

2. On top of all the rest of the hardship, what happens to their ability to vote if they're evicted?

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

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Response to scarletwoman (Reply #2)

Fri Jun 12, 2020, 10:19 PM

3. You're so right.

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Response to alwaysinasnit (Reply #3)

Fri Jun 12, 2020, 10:25 PM

5. I've been worrying about this for a while, but I don't know what to do about it besides

just pointing it out as often as possible.

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Response to scarletwoman (Reply #5)

Fri Jun 12, 2020, 11:16 PM

6. I, too, have no answers. I pretty much have permanent knot in my throat.

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