Another housing crisis is coming – and bailouts and eviction freezes won’t be enough to prevent many from losing their homes
Millions of Americans are suddenly out of work as the financial and economic crisis sparked by the coronavirus pandemic deepens. Without an income, most of these people will have a hard time covering their expenses, including keeping a roof over their heads.
But even before the current crisis, tens of millions of Americans struggled to pay for housing, spending more than 30% – or even half – of their income on housing-related expenses. This leaves less money for other essentials such as food, health care and savings.
Governments have offered a variety of plans to support those hurt by the coronavirus pandemic, from direct payments and higher unemployment checks to eviction freezes and mortgage relief.
We are researchers who study the intersection of housing and health. While these measu...