“The United States may be facing the most severe housing crisis in its history.”
This quote comes from an Aspen Institute report released last week by a coalition of housing researchers from institutions including Princeton, Wake Forest, MIT, and the University of Arizona. Their headline conclusion is heartbreaking: 30 to 40 million Americans are at risk of eviction this year, or roughly 29% to 43% of all renter households. And the pain will be widespread across the country:
Source: NBC News
If, when, and how Congress resolves its current stimulus deadlock will determine the speed and severity of housing pain. President Trump’s executive action on Saturday was more political statement than meaningful action, failing to give “tenants worried about losing their homes amid one of the worst public health crises in his...
Want to read more?SUBSCRIBE TODAY
Already a subscriber? Login here.