California may become a ground zero for a homelessness crisis, as the end of the state’s temporary halt to evictions — which officially expired on Thursday — means renters in arrears face the prospect of being forced from their homes. Until September 30, state law automatically banned landlords from evicting people for unpaid rent. However, beginning Friday, tenants with unpaid rent can only be protected from evictions if they have applied for assistance. Tenants are still responsible for… Source link
Read More »‘Sharp, rapid increase’ in evictions as moratorium ends, landlords owed billions
Facing a staggering amount of back rent, hundreds of thousands of individuals and families may be put out of their homes this year as the eviction moratorium comes to an end, according to research from Goldman Sachs. Following the Supreme Court’s decision last week to strike down the pandemic-era policy that kept renters in their homes despite being unable to pay, economists at the investment bank said on Monday that about 750,000 US households will ultimately be evicted later this year,… Source link
Read More »