'Impending wave of evictions' looms as pandemic moratorium nears expiration, Harvard study warns

Thomas Hawthorne/The Republic via USA Today Network

Meanwhile, those who weathered the pandemic-induced downturn without losing income are snapping up the limited supply of homes for sale and causing prices to skyrocket, the report stated, further putting affordable housing or homeownership out of reach for many."Even as the U.S. economy continues to recover, the inequalities amplified by the COVID-19 pandemic remain front and center," the researchers wrote in the report.

"With so many renters in financial distress, there are serious concerns about an impending wave of evictions," the researchers wrote."So far, substantial federal relief through stimulus payments, expanded unemployment benefits, and other funding, along with federal and state eviction moratoriums, have prevented large-scale displacement."An eviction notice is placed in the doorway of an apartment in Springfield, Mass., on Dec. 16, 2020.

"Our findings suggest that those most at risk of being evicted are still at high risk of contracting and passing the virus," the Eviction Lab researchersFinally, the Harvard report delved into the housing market"bubble" fears as prices rise sharply. The researchers said home sales are at their highest levels since 2006, a trend propelled in part by young home buyers and record-low interest rates, but downplayed fears of a bubble.

Well, the good news is the government solved the financial woes for about every state and federal organization for 2 years off the tax payers dime. Wake up people! You think the government cares bout you? Ask the Indians how they made out!

Biden will save you all! No worries

IT'S ABOUT TIME, THIS IS AMERICA YOU WORK FOR A LIVING AND MUST PAY RENT, FOOD ECT. NO FREE RIDE GET A JOB OR TWO OE THREE IT IS CALLED LIFE, EITHER YOU IN OR GET THE FUCK OUT

Don't know why with all the unemployment people are getting illegally!

That's what happens when those 4 million American sit at home and collect unemployment for almost 2 years.

I'm not sure what industry is still impacted by covid 19.

We are all concerned about the situation I included

But pro life

Total bullshit. Most people are stacking up their money, and not paying rent in hopes the government will send them rent relief $. It’s a smart strategy. Why pay rent when the government will pick up the tab?

My brain 🧠 is TWISTING …after just hearing a story of home sellers offered $1 million over asking price ? Help me with this issue !

It’s even worse when you have a sister her kid and a sick aunt living with your mom and your mom passes away then the management place refuses to renew the lease cause my aunt and sister don’t make 3x the rent and takes the option to pay rent off their site never late till then

ABC News称美国是世界上最伟大的国家，这是一个谎言！

What’s important is that the rich get richer while the government provides low to middle income families with as little financial, economic, educational & healthcare assistance as possible. Just ask Trump, McConnell & McCarthy.

America the greatest Country in the World! Its a LIE!!!

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But hey let's be scared to tax the rich more.

VWYN ITT CUM’Z TYME 2 PEY DA LANLOUR’D, VWAYRE VWYL DA TENUNT’Z GYT’T DA MUNEE, 2 PEY DA LANLOUR’D? VWYL DA TENUNT’Z B 4 ORCE’D N 2 DA ZSTREET’Z? ⛺️🏚🏠

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I wonder why with the government telling people they don't have to pay rent even when they gave them money to do so. Second not giving homeowners the same help as renters.

SenCortezMasto SenJackyRosen Asking, begging pleading for help. Minority owned business. It has been over a month and still nothing...Really?

Those houses should have belonged to the people, and it was the capitalists who possessed the fruits of the people's labor.

Muslims feeding us stories.

horrible

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