11 Million Households Could be Evicted Over the Next Four Months
July 28th, 2020Via: Fast Company:
Every year, about 2.3 million American renter households receive eviction papers at some point. During the COVID-19 pandemic, we might see that many evictions in one month.
Global advisory firm Stout, with input from the National Coalition for a Civil Right to Counsel (NCCRC), used census survey results and income data to develop a new eviction estimation tool that estimates how many households could be at risk of eviction as moratoriums end, courts reopen, and rent relief efforts fall short. More than 16 million renter households are at risk of eviction, according to the tool, and more than 11 million households could be served with eviction papers over the next four months.
I can’t comprehend the heartache. If every American received a cool $million each from brrr thick-air money, just pay off the mortgage. That amount would be less that Bloomberg’s failed candidacy bid. But, enough of that.
As money rapidly loses value, supply chains bust, and civil unrest – millions added to the streets? The sanitation issue alone could be a real plague. Stop the world and let me off…
That one about Bloomberg was a case of bad arithmetic.
https://www.newsbusters.org/blogs/nb/kyle-drennen/2020/03/06/msnbc-fail-bloomberg-could-have-given-each-american-1-million
Ha! Way off. Make that trillions…