Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

RandySF

(57,632 posts)
Mon Aug 30, 2021, 04:18 PM Aug 2021

750,000 Households Face Eviction This Year

“A new report from Goldman Sachs released Sunday estimates that about 750,000 households could face eviction later this year unless Congress acts or rental assistance funds are more quickly distributed,” Axios reports.

CNN: “Goldman Sachs estimates that between 2.5 million and 3.5 million households are significantly behind on rent, owing a combined $12 billion to $17 billion to landlords.”



https://politicalwire.com/2021/08/30/750000-households-face-eviction-this-year/

11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies

blm

(112,920 posts)
1. And renew driver license. And re-register to vote.
Mon Aug 30, 2021, 04:24 PM
Aug 2021

Making it even harder for poor people, as usual.

SoonerPride

(12,286 posts)
3. There will be huge surge in homeless people and Biden will get the blame when it should be SCOTUS
Mon Aug 30, 2021, 04:28 PM
Aug 2021

SCOTUS is to blame for the coming homelessness crisis.

SoonerPride

(12,286 posts)
5. The rescue plans allocated billions and billions of dollars to pay the landlords.
Mon Aug 30, 2021, 04:32 PM
Aug 2021

And very little of that money has actually gone out.

questionseverything

(9,631 posts)
7. Because the program is paperwork heavy
Mon Aug 30, 2021, 04:37 PM
Aug 2021

Always for the little people,they must be able to prove every detail while if you remember those ppp grants went out to lots of millionaires based on their word mostly

leftyladyfrommo

(18,815 posts)
6. The other bad thing is that the rent just keeps piling
Mon Aug 30, 2021, 04:34 PM
Aug 2021

up. Some people owe thousands on back rent. It doesn't just go away. You just keep getting deeper and deeper in debt.

Same with utilities.

Sympthsical

(8,935 posts)
11. It has nothing to do with the Supreme Court
Mon Aug 30, 2021, 05:04 PM
Aug 2021

That's ridiculous. Even President Biden knew it wasn't constitutional. He said as much.

The whole moratorium hung on a law that was never intended to function the way it was used during Covid. Everyone knew it. The only reason for taking a suit all the way to the SC was to buy time. Well, time's up.

The SC said months ago Congress had to act on it and pass legislation. It didn't.

This is on Congress. Not the Court.

 

Hoyt

(54,770 posts)
8. If states don't get already allocated money to landlords and/or renters, feds need to take it back.
Mon Aug 30, 2021, 04:46 PM
Aug 2021

If state governments get the landlord paid for unpaid back rent -- or even close to paid -- the renters aren't likely to be evicted. But if the states -- including Democratic states -- can't get it done, the feds need to take it back.

ripcord

(5,084 posts)
9. It has taken way too long to get money to landords
Mon Aug 30, 2021, 04:53 PM
Aug 2021

I also notice that there was no mortgage or property tax moratorium for landlords, it is absurd to expect landlords to carry the governments burden on this.

Latest Discussions»General Discussion»750,000 Households Face E...