Rising Rents Lead to 50% Increase in Eviction Filings in Some Cities.

1 min read
Source: PBS NewsHour
Rising Rents Lead to 50% Increase in Eviction Filings in Some Cities.
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TL;DR Summary

Eviction filings by landlords have surged over 50% above pre-pandemic levels in some cities due to rising rents and a shortage of affordable housing. Most low-income tenants can no longer count on pandemic resources that had kept them housed, and many are finding it hard to recover because they haven’t found steady work or their wages haven’t kept pace with the rising cost of rent, food and other necessities. Homelessness is rising as a result.

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