Posted in Finances, News

CNBC: “A Housing ‘Apocalypse’ Is Coming As Coronavirus Protections Across The Country Expire”

Experts expect the eviction crisis to get far worse in the coming months. The Covid-19 economic recession has hit renters especially hard. They make up a disproportionate share of service sector jobs, an industry that has been decimated as a result of the coronavirus shutdowns. ~CNBC

CNBC also says that according to the Urban Institute, “Between March 25 and April 10 of this year, nearly half of renters aged 18 to 64 reported that they were having trouble paying their rent or utilities, were food insecure or couldn’t afford needed medical care.”

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