This is spreading to the middle class now and that courts revolution.
...millions of tenants from New York state to Las Vegas who have been evicted or face imminent eviction.
After a lull during the pandemic, eviction filings by landlords have come roaring back, driven by rising rents and a long-running shortage of affordable housing. Most low-income tenants can no longer count on pandemic resources that had kept them housed, and many are finding it hard to recover because they haven’t found steady work or their wages haven’t kept pace with the rising cost of rent, food and other necessities.
Homelessness, as a result, is rising.
This is the greatest fear of many, many people. For others in the middle class, like me, it is a fear so remote that we never experienced it, but we may. Condo owners like myself are being forced out of homes that they own by predatory investors who buy units in a hostile takeover of the condo board and then jack up maintenance fees eight, nine or ten-fold to force owners to sell to them at below market value. These predatory investors do not aim to maintain the building but rather to tear it down and to then put up a luxurious high-rise whose units they can sell for millions. The original middle class owners, or renters, especially those, again like me who are retirees on fixed incomes, cannot afford the new prices of course and are displaced, must relocate, and may become homeless. Going from owning your own place to being homeless...Yes, that can lead to revolution.
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“Across the country, low-income renters are in an even worse situation than before the pandemic due to things like massive increases in rent during the pandemic, inflation and other pandemic-era related financial difficulties.”--Daniel Grubbs-Donovan, a research specialist at Princeton University’s Eviction Lab.
Princeton has got an EVICTION LAB. :o
Eviction filings are more than 50% higher than the pre-pandemic average in some cities, according to the Eviction Lab, which tracks filings in nearly three dozen cities and 10 states. Landlords file around 3.6 million eviction cases every year.
Among the hardest-hit are Houston, where rates were 56% higher in April and 50% higher in May. In Minneapolis/St. Paul, rates rose 106% in March, 55% in April and 63% in May. Nashville was 35% higher and Phoenix 33% higher in May; Rhode Island was up 32% in May.
The latest data mirrors trends that started last year, with the Eviction Lab finding nearly 970,000 evictions filed in locations it tracks — a 78.6% increase compared to 2021, when much of the country was following an eviction moratorium. By December, eviction filings were nearly back to pre-pandemic levels.
At the same time, rent prices nationwide are up about 5% from a year ago and 30.5% above 2019, according to the real estate company Zillow. There are few places for displaced tenants to go, with the National Low Income Housing Coalition estimating a 7.3 million shortfall of affordable units nationwide.
Many vulnerable tenants would have been evicted long ago if not for a safety net created during the pandemic.
The federal government, as well as many states and localities, issued moratoriums during the pandemic that put evictions on hold; most have now ended. There was also $46.5 billion in federal Emergency Rental Assistance that helped tenants pay rent and funded other tenant protections. Much of that has been spent or allocated, and calls for additional resources have failed to gain traction in Congress.
“The disturbing rise of evictions to pre-pandemic levels is an alarming reminder of the need for us to act — at every level of government — to keep folks safely housed,” said Democratic U.S. Rep. Ayanna Pressley of Massachusetts...
Housing courts are again filling up and ensnaring the likes of 79-year-old Maria Jackson.
Jackson worked for nearly two decades building a loyal clientele as a massage therapist in Las Vegas, which has seen one of the country’s biggest jumps in eviction filings. That evaporated during the pandemic-triggered shutdown in March 2020. Her business fell apart; she sold her car and applied for food stamps.
She got behind on the $1,083 monthly rent on her one-bedroom apartment, and owing $12,489 in back rent was evicted in March. She moved in with a former client about an hour northeast of Las Vegas.
“Who could imagine this happening to someone who has worked all their life?” Jackson asked.
Last month she found a room in Las Vegas for $400 a month, paid for with her $1,241 monthly social security check. It’s not home, but “I’m one of the lucky ones,” she said.
“I could be in a tent or at a shelter right now.”
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“How do we care for the folks who are evicted ... when the capacity is not in place...?” said Russell Weaver, whose Cornell University lab tracks evictions statewide.
Housing advocates had hoped the Democrat-controlled state Legislature [in New York state] would pass a bill requiring landlords to provide justification for evicting tenants and limit rent increases to 3% or 1.5 times inflation. But it was excluded from the state budget and lawmakers failed to pass it before the legislative session ended this month.
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In Texas, evictions were kept down during the pandemic by federal assistance and the moratoriums. But as protections went away, housing prices skyrocketed in Austin, Dallas and elsewhere, leading to a record 270,000 eviction filings statewide in 2022.
Advocates were hoping the state Legislature might provide relief, directing some of the $32 billion budget surplus into rental assistance. But that hasn’t happened.