According to this CNBC article today, 28 million Americans face eviction. Uh... yeah... that's not good. Landlords are encouraged (by someone, apparently) to "be creative." I wonder if the banks and lenders the apartment owners owe money to are also encouraged to be creative.
This short article cites a recent survey of apartment owners, 60% of whom said their tenants can't make rent payments. All of their tenants? Or some of them? It doesn't say. In any case, here's another ginormous number in a bad category, possible evictions, giving us some sense of just how many people are seriously struggling to stay housed after the craziness of the past few months.
Looking forward at the The Big Picture and Economics of the Tumultuous 2020's
Subscribe to:
Post Comments (Atom)
Update: July 16, 2021
So... the Fed has continued to drop "helicopter money," though not as much as last year, to prop up the economy as a whole. Asse...
-
Best known for his 1997 book, Rich Dad, Poor Dad , and several investing books since, investor Robert Kiyosaki talks about how commercial ...
-
What goes up, must come down. A little Blood, Sweat & Tears (lots of tears), for you today. I'm back from a few days of not thin...
-
Business people everywhere are freaking out over all the change that's been thrown at them in the last 5 months. Seth Godin has been te...
No comments:
Post a Comment