Analysts from Goldman Sachs predict a wave of evictions as eviction moratoriums end with millions of households still behind on rent.
An analysis from Goldman Sachs Group Inc. predicts roughly 750,000 evictions as eviction bans around the country come to an end, reports Patrick Clark. "Currently, as many as 3.5 million households are behind on rent, with landlords owed as much as $17 billion, the analysts estimated in an Aug. 29 note."
While Congress has authorized close to $47 billion in rental assistance, funds have been slow to reach tenants or landlords. "Meanwhile, shortages of for-sale and rental housing are freeing landlords to rapidly increase rents as properties become vacant."
While "[a] surge in evictions would create new inventory of available rental housing, partially offsetting rapidly rising housing costs," it could "also slow job growth and household consumption." Meanwhile, "the implications for public health and Covid-19 infections are probably more severe, the analysts wrote."
FULL STORY: Goldman Sees 750,000 Evictions in U.S. as Bans Come to an End
As Rental Assistance Ends, Houston Sees Eviction Filings Rise
More Houston households face evictions as landlords seek to recover back rent accrued during the last two years of the pandemic.
Supreme Court Strikes Down Federal Eviction Moratorium
The majority opinion claims the CDC overstepped its authority and calls for congressional approval of any further eviction moratoriums.
Biden Administration Extends Eviction Moratorium, Implements Stronger Eviction Protections
The Biden administration is promising a "whole-of-government" approach to prevent an impending wave of displacement and effectively distribute rental assistance.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes
Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.
Test News Post 1
This is a summary
Test News Headline 46
Test for the image on the front page.
Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species
The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service