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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums750,000 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/

blm
(114,066 posts)Making it even harder for poor people, as usual.
That's the qpuke mission!
I see this as another attack on voting rights!
SoonerPride
(12,286 posts)SCOTUS is to blame for the coming homelessness crisis.
Calculating
(2,998 posts)How on earth is this fair to landlords?
SoonerPride
(12,286 posts)And very little of that money has actually gone out.
questionseverything
(10,747 posts)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
(19,700 posts)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
(10,499 posts)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)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
(5,553 posts)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.