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Eviction filings soar over 50% above pre-pandemic levels in some cities as rents increase

Eviction filings have surged by over 50% above pre-pandemic levels in some cities as rents increase, according to the Eviction Lab. Rising rents and a long-running shortage of affordable housing are driving the increase. Many 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. The National Low Income Housing Coalition estimates a 7.3 million shortfall of affordable units nationwide.

The post Eviction Filings Soar over 50% above pre-pandemic levels in some cities as rents increase appeared first on Balanced News Summary.



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Eviction filings soar over 50% above pre-pandemic levels in some cities as rents increase

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