As the housing crisis worsens, cities experiment with eviction prevention strategies - FORECLOSURE FRAUD

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As the housing crisis worsens, cities experiment with eviction prevention strategies

As the housing crisis worsens, cities experiment with eviction prevention strategies

The article originally appeared on Prism.

America’s worsening housing crisis has touched every part of the country in recent years. The pandemic ushered in a brief reprieve for many renters through federal relief and eviction moratoria, which reduced evictions nationwide compared to pre-pandemic levels. But with federal funds dwindling and national and local eviction moratoria ending, many jurisdictions are seeing evictions spike to pre-pandemic levels.

Median rents in Manhattan were at an all-time high of $4,150 in July. San FranciscoMiami, and Washington, D.C., are also seeing unprecedented rent hikes. Rents aren’t just skyrocketing in big coastal cities but across the country: A study found Boise, Idaho, is the least affordable housing market in the U.S., with rents 72% above what’s considered affordable for a median-income family.

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

https://www.goerie.com/story/news/2022/08/29/cities-try-eviction-prevention-strategies-to-curb-housing-crisis/65459101007/

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