The United States is facing a major housing crisis in its history. According to the latest U.S. census analysis each week, as protection and state, state, and local resources cease and there is no serious and immediate relief, about 30-40 million people in the United States are in danger of being laid off by many in the coming months. Many property owners, who do not have a loan or the ability to pay arrears, find it difficult to repay their loans and property taxes and maintain the property. The housing problem of COVID-19 has greatly increased the risk of overcrowding and bankruptcy, especially among those with small assets; long-term damage to private rental homes; turmoil in the affordable housing market; and family relocations across the United States.
During the COVID-19 epidemic, researchers, academics and lawyers continuously analyzed the effects of the public health crisis and the economic depression on tenants and the housing market. Several studies have quantified the effects of COVID-19-related job losses and financial difficulties on tenants’ ability to rent during an epidemic. Although the methods differ, these analyzes coincide with astonishing predictions: If circumstances do not change, 29-43% of the tenant may harbor the risk of waste at the end of the year. This article summarizes existing research on the COVID-19 housing crisis, including estimates of expected eviction applications, unemployment data, and housing security forecasts. In addition, based on this research and a new analysis of real-time household data from the US Census Bureau, this article examines the growing potential for widespread displacement and homelessness in the United States.
The COVID-19 pandemic hit the United States with a serious affordable housing crisis
According to COVID-19, 20.8 million tenants (47.5% of all tenants) have already been rented, according to figures for 2018. Rental costs are defined as households that pay more than 30% of their rental income. When the pandemic began, 10.9 million tenants (25% of all tenants) spent more than 50% of their rental income each month. The majority of tenants below the poverty line spent at least half of their income on rent in 2018, every fourth spent more than 70% of their income on housing costs. Due to large amounts of government funding, only one in four tenants received government financial assistance. With the loss of four million affordable housing in the last ten years and 7 million affordable housing available to the lowest-income tenants, many tenants are suffering from the disease. Influenza who have already experienced homelessness and are in danger of being evicted. Prior to the incident, evictions took place in the country. A quote from Princeton College estimates that 61 million people were charged in the United States between 2000 and 2016, an estimated 3.6 million a year. In 2016, seven evictions were filed per minute. Most evictions are due to non -payment of rent in a month or two and include less than $ 600 rent.
Increasing expulsions could hurt 14 million child care homes: Milwaukee research shows that tenant households with children are more likely to receive a deportation sentence. Although tenants with a legal lawyer are unlikely to be evicted, less than 10% of tenants have access to a lawyer to defend themselves against deportation, compared to 90% for landlords.
At the same time, the landlord threatens the lack of rental income to harm the property owners. Investors who often do not have access to additional capital can be particularly vulnerable. While “mom and pop” owners own 22.7 million of the 48.5 million rental units in the housing market, more than half (58%) do not have access to the credit limit that can help them in an emergency. Landlords who reject employers face litigation costs, short-term or long-term elections, reimbursement of costs, and loss of 90-95% of previous rent due to sales to a debt collector or a third party. In the short term, a lease can lead to unforeseen costs and inability to pay off mortgages, pay property taxes and keep property. Over time, this means that younger homeowners are at greater risk of hearing loss.
Citizens of color are deeply affected by the garbage dump
Colored cities are unduly burdened by rent and are at risk of exposure. People of color are twice the size of their employers and are more likely to have lower incomes and rental costs. Studies conducted in cities across the country show that people of color, mostly black and Latinos, represent around 80% of those exposed to deportation. After examining the study, one study found that black households were more than twice the number of white families to be deported. In the Milwaukee study, women from black communities made up only 9.6% of the city’s population but 30% of employers laid off. In Boston, 70% of market share evictions occur in cities of color, although these areas account for half of the city’s rental market. Researchers at UC Berkeley and the University of Washington found that the number of blacks evicted from black families in Baltimore was nearly 200% higher, with eviction rates exceeding eviction rates, compared to whites by 13%. In New York City, examples of court cases on earth show that 70% of court households on earth are headed by women of color, usually Black and / or Spanish. In Virginia, about 60% of black households have a higher eviction rate than 10% of households, about four times the national average, or manage poverty with unequal incomes. In Cleveland, the first ten contracts of evictions between 2016 and 2018 are mostly black field; only six had poverty above 10%.Similarly, those with colored skin were at greatest risk of exclusion during COVID-19 epilepsy. According to a report by City Life / Vida Urbana and co-author of the Massachusetts Institute of Technology, in the first month of a Massachusetts state of emergency, 78% of Boston eviction records are in color communities.
Loss of employment and wages in COVID-19 could lead to long-term and long-term housing crisis
The economic downturn, coupled with jobs and losses, has exacerbated the current housing crisis. As of July 2020, nearly 50 million Americans have applied for unemployment insurance.
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