During the height of the pandemic, the CDC passed an eviction moratorium, preventing landlords from evicting tenants for missing rent payments. Congress also passed legislation providing financial relief to renters, but, many times, the aid didn’t always reach those who needed it.

Last year, the Supreme Court struck down the CDC’s eviction moratorium, and less than a year later, the eviction crisis has returned.

Rising rent prices and a 40-year peak in inflation haven’t helped the situation. Rent prices have risen by 12.3% year-over-year and hit a peak of almost 18% from the beginning of the year, according to Apartment List. About 36% of Americans currently rent their form of housing, and because many renters are young people, racial minorities and those with lower incomes, they are disproportionately affected by rent hikes and evictions.

Setting policies to solve the eviction crisis is more complicated than it may appear. There is no federal database tracking nationwide evictions. Carl Gershenson, the project director at Princeton University’s Eviction Lab says “…the long-term goal has to just be structurally changing this untenable housing system that we have.”

To continue reading the rest of the article, please click on the source link below:

https://www.marketplace.org/2022/07/29/eviction-filings-hit-pre-pandemic-levels-a-year-after-the-end-of-the-moratorium/

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