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US Politics Incoming Eviction Wave?

Vorpal

Administrator
Administrator
[CNBC] As the economic fallout from the coronavirus pandemic continues, almost one-third of U.S. households, 32%, have not made their full housing payments for July yet, according to a [URL='https://www.apartmentlist.com/research/july-housing-payments']survey by Apartment List[/url], an online rental platform.

About 19% of Americans made no housing payment at all during the first week of the month, and 13% paid only a portion of their rent or mortgage. That's the fourth month in a row that a "historically high" number of households were unable to pay their housing bill on time and in full, up from 30% in June and 31% in May. Renters, low-income and younger households were most likely to miss their payments, Apartment List found.
So the US had a one-time $1200 stimulus and $600/mowk unemployment benefit that's running out this month. A whole lot of people are in danger of becoming homeless in the middle of an accelerating pandemic, because if they were underpaying it already, it's not getting better.

Moreover, a lot of eviction court hearings are online, and if you can't make rent, how good are the chances that you're paying for internets? Unless Congress puts a federal moratorium on evictions (the bare minimum they could do to help; their constituents deserve more than that!), this has the potential of turning really nasty.
 
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Ravan

Gone
I dunno what landlords are thinking or hoping for, but if you evict your current tenants, you aren't likely going to get replacements anytime soon in this economy.
To bully the ones who can sacrifice other basic needs to make rent to actually do so. It’s about maintaining control.
 

Aaron Fox

SB's Minor Junker Descendant and Hunter of Nazis
Author
Well good luck with chopping the roots off as the tree won't grow back.
Problem is, they don't give a fuck for things like that. They only care about profit margins no matter how unsustainable it would be to get them.
 

Vorpal

Administrator
Administrator
So the $600/wk unemployment benefits expire today. Trump and the GOP have completely folded on their positions, but there's no deal, because Congress is not in session. What a mess, but especially from the GOP; it's not like nobody knew when the deadline was.

Meanwhile, the Democrats have recently proposed the Housing Emergency Lifeline Program, the main thrust of which seems to be to provide legal representation to people facing eviction [Vox]. Alright, but they're not exactly covering themselves in glory for how they're dealing with the crisis either.
 

Aaron Fox

SB's Minor Junker Descendant and Hunter of Nazis
Author
So the $600/wk unemployment benefits expire today. Trump and the GOP have completely folded on their positions, but there's no deal, because Congress is not in session. What a mess, but especially from the GOP; it's not like nobody knew when the deadline was.

Meanwhile, the Democrats have recently proposed the Housing Emergency Lifeline Program, the main thrust of which seems to be to provide legal representation to people facing eviction [Vox]. Alright, but they're not exactly covering themselves in glory for how they're dealing with the crisis either.
The major thing that I've been seeing is that the GOP has been constantly putting poison pills into any possible bill at the behest of Trump and McConnel knew they were poison pills to start with. So, in essence, the Dems won the PR points here given how widespread how many Trump-inserted poison pills were getting into the bill.
 

Vorpal

Administrator
Administrator
Risk of eviction does not necessarily mean will be evicted, but the picture is frightening...

[CNBC] Massive unemployment has left more than 40% of renter households at risk of eviction, according to a new analysis by global advisory firm Stout Risius Ross. Some states will be harder hit than others, Stout found. For example, nearly 60% of renters in West Virginia are at risk of eviction, compared to 22% in Vermont.

People of color are especially vulnerable. While almost half of White tenants say they’re highly confident they can continue to pay their rent, just 26% of African-American tenants could say the same.
 
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